How To Get Rich Quickly – Or Not

I’m sorry, but the only way to get rich quickly is to win a lottery or inherit money from a dying relative. I know this is something many people go through life seeking. Think of the vast amount of money that is spent on lottery tickets with such a tiny chance of winning. I’ve even heard some call lotteries the stupid tax. It’s hard to argue with this.

Many people do want to find some quick way to make a lot of money. A few years ago, these people would be the ones trying to sell you Amway until you ran screaming in the other direction while trying to shake their grip off of your ankle. Or they might have been talking incessantly about Carlton Sheets’ latest set of cassette tapes or Robert Allen’s latest book. These guys made loads of money selling their ideas while fighting legal actions for actually using these techniques.

I thought of all of this stuff when I came across Yaro’s Entrepreneur’s Journey post entitled Beware The Allure of The Internet Marketing Success Story. In this article he warns those who attend various internet marketing conferences to avoid purchasing every system they come across. Each of these packages can cost hundreds if not thousands of dollars.

Yaro points out that most people who buy these internet marketing systems either never use the system or don’t make any money from using the techniques. He mentions that it’s well known that only a very tiny percentage of the buyers make significant money after their purchase. I’m sure this is true.

It’s no secret to those who are aware that the secret of how many of the get rich quick gurus got rich is through selling their secrets to the gullible. Is that enough secrets in one sentence? This is nothing new, though. Clever salesmen have been doing this for a long, long time. It goes back way before the legendary P.T. Barnum, too. He’s the one who famously said, “There’s a sucker born every minute.”

The bottom line is that getting rich through any particular business generally takes a lot of hard work. Making money is difficult. Life is difficult. This is not to discourage anyone from trying to make money on the internet or in any other legal, ethical way. The internet is still a wide open marketplace of ideas and the amount of money to be made there is not a finite commodity. Again, there is room for lots of people to make money on the internet. Just don’t expect to buy a course for a thousand dollars and make a million dollars in 90 days.

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8 Responses to How To Get Rich Quickly – Or Not

  1. Peter says:

    I love the way a lot of programs start by offering a free ebook or article and as soon as you give your email and click on the link to get it you have to wade through offers of paid programs to get your “free” item. They really know how to use the greed hook. Great post.

  2. ray says:

    Thanks, Peter. Usually, the free ebook sucks, too! Every once in a while I find something of value, but that’s pretty rare these days. Thanks for commenting!

  3. Absolutely – it’s amazing the number of people who will buy a “system” that promises to show them how to make thousands of dollars overnight for $47 (the hot price point in internet marketing) and not think it unusual that the information is on sale so cheaply.

    These “get rich quick” folks should think about the business model of the person that they’re thinking of buying this “system” from. If it could really make the author thousands of dollars overnight, why would he or she be wasting time bending over backwards trying to convince a bunch of high-maintenance customers to give up $47 for it?

  4. ray says:

    Hi Eric. I bet there are a good number of people out there who buy one system after another in the hopes that this will finally be the one that will make that million for them. That’s exactly the flaw in their thinking, though: no system is going to do it for them. The people who are making the millions have figured out that the secret is simple and it’s that you have to bust your butt over a period of time to do it.

    One thing that I’ve always had a theory about is that anyone can make lots of money using some sort of system (even Amway), but not everyone can do it. All this means is that certain types of people can make just about anything work; they just have the proper combination of personality traits and motivation and perhaps, the right timing, too, that allows them to put things together in just the right way. I hate these people! LOL. Thanks for your comment!

  5. Don says:

    Me too. Way to go dude.

  6. Very well put Ray – to some people those traits come naturally, the rest of us have to work our tails off to fight our lazy human nature!

  7. ray says:

    Don, I knew I could count on your keen insight. Thanks for stopping by!

  8. ray says:

    Thanks, Eric. Now, if only we could find a way to exploit the skills we do have…

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