the world gets a new millionaire every 21 seconds and one new billionaire every single day by the end of this video you'll understand why so many people are becoming rich and learn how to do it yourself here's 15 reasons why getting rich is super easy welcome to alex.com the place where future billionaires come to get inspired number one you live in the most abundant period in human history look there's never been a better time in human history to be alive staying poor at this time in history is a choice everything is abundant more people die
from being overweight than from starving we have unlimited entertainment access and freedom of movement nothing is out of your reach you fall asleep at night feeling safe even the bad things happening in the world are mere inconveniences at this point and honestly you're probably shielded from most of them there's never been so much money changing hands before it's just a matter of putting your hand out into the flow of money and taking your share number two one in ten people is rich there are 22 million millionaires in the united states of america people think you
need to be special to have an extraordinary talent or god-given ability to create wealth that's false out of every 1000 people 100 of them will be rich you just have to make sure you're one of them if the city you live in has 200 000 people that means 20 000 people from your city will be wealthy what's stopping you from being one of that 20 000 here's something most poor people don't understand anyone who has the will and can commit to becoming rich will become rich but most people don't actually go after wealth they go
after survival low effort plus security of tomorrow it's a race without enough participants how many people around you do you think have made it their goal to build wealth ask them and you'll be shocked to learn almost nobody has a game plan for building wealth well here's the truth it takes about seven years to become rich no matter where you live in the world what gender you are the color of your skin or who your parents are seven years is the average timeline number three our entire economy is based on consumption so money needs to
flow at this moment in history economies rely on consumption the government needs you to keep spending money or else everything collapses this year you'll spend more money than you did last year and that's what consumers do they spend but here's the golden rule of becoming rich if you want to get rich all you have to do is shift from being a consumer to being a creator it's simple consumers spend money and creators receive the money build anything and sell it people will trade their money for what you're creating so money flows from them to you
in this economy you have creators at the top and consumers at the bottom and money floats that's why it ends up with the people at the top number four you can work and make money from anywhere in the world historically humans have been chained to the workplace it used to be the farm then you live near the factory then near the office this is the first time in human history where that chain has been broken not only can one leave and keep their jobs from other parts of the planet where the cost of living is
substantially lower making you three to four times richer but even more excitingly since you can now work from anywhere in the world companies are hiring people from anywhere in the world meaning that the geographical wage disparity is going away if you're from kenya but have the skills of a senior developer then you can get a job as a senior dev in the united states or europe which will pay you multiple times higher than being a developer in your country number five you have access to premium education for cheap or even free historically it used to
be that only members of the royal family could send their kids to church and learn to read and write making them superior to the peasants they tried to keep that model up with the exorbitant college tuitions enslaving large portions of the youth with student debt alux is the result of this shift you're getting phd level education in finance and investments for free on youtube we're on a mission to educate one billion people for cheap or even free only rich people used to have access to smart people teaching them how to grow their fortunes now you
have resources like the alux app instead of paying one thousand dollars a week to a mediocre performance coach you can pay just 99 bucks per year and have our experts distill knowledge for you in a way which you can actually apply it the halox app is the only app in the world currently that does this everything you need to learn about going from poverty to building wealth is available in the learning pack called principles of wealth building which you can find in the app and it's included in your subscription online education is changing the world
you no longer need to go to a fancy school to be rich number six you don't need any money to start making money poor people always say this you need money to make money and it's wrong not only that if that's your belief system you have sabotaged yourself from any way of moving forward in life today you no longer need money to make money everything is free you can make money by trading time effort or knowledge honestly if you can't do it without any money you don't have what it takes any idiot can make money
if they have money you buy a house you rent it out congrats you're a real estate entrepreneur most millionaires today are built with hard work and little to no money and before you say well they were born rich or had connections yeah 88 of all new millionaires are self-made meaning they started out poor and built everything from scratch you trade time effort and knowledge for money and then you reinvest that money it's actually pretty simple silicon valley has glamorized this idea of raising money from investors to build your company but they got it wrong never
celebrate raising money how are you celebrating giving someone else a portion of your company the fact that you needed to raise money signals your failure to grow organically number seven hardware is extremely cheap and software is free or almost free we live in the age of the 30 or less smartphone just think for a second about the level of progress we've made where for the price of a meal you have access to the entire world in your pocket for a hundred bucks you're getting multiple cameras connected to the internet that would have cost thousands of
dollars just a few years back with any of these devices you could have a youtube account and learn you could set up a linkedin or an upwork account to find a job you could reach anyone in the world through facebook or showcase what you do via tick tock or instagram there are no financial barriers to entry in this new world the only barrier is one of effort it's just the lazy people who aren't making any progress number eight automation and software have replaced large teams software is eating up the world and automation is eating up
the workforce use that to your advantage you can do almost everything yourself if you wanted you can pay for accounting software for 9.99 a month and it'll take worries off your shoulders instead of having a sales team you could set up an ad campaign instead of marketing you could create educational content and publish it online for the world to see instead of handcrafting your own products you could outsource it to a manufacturer that handles production packaging and shipping on your behalf look around you almost everything in your house is mass produced from the clothes you're
wearing to the device you're watching this on to the food you're eating your value in the marketplace increases based on your ability to use the tools at your disposal number nine it's never been easier to invest in the stock market a big part of the wealth building process is making sure your money grows while you sleep the safest way to do that is through real estate but homes are expensive the second easiest way is to tie your money to the market you're buying products from companies so why not be an investor in those companies and
have them share their profits with you back in the day it was pretty complicated to invest in companies you needed a broker they made you believe that this was not something you can do by yourself as it involves monitoring the markets 24 7 and looking at charts but that was all every country has its own plethora of investing apps etoro revolut capital fidelity even the nasty folks at robinhood next to your balance you will see apple amazon tesla and other highly successful companies that are making great products that you love with one tap on your
screen you can begin investing in those companies with as little as ten dollars you don't even have to buy an entire share to reap benefits invest whatever you're comfortable with and watch your money grow as these companies grow and if you don't know what to pick go with the s p 500 it's a basket of the best performing companies in the us historically it's returned over 10 per year for the past 30 years number 10 technological revolutions are happening fast 20 years ago the internet went mainstream the big revolution of moving offline businesses online ten
years ago social media went mainstream and instead of watching tv we started watching other people do cool things a few years ago blockchain started getting some traction and although it's not yet mainstream this doesn't mean the impact won't be real every technological revolution allows you to build wealth if you ride the wave of changes it brings all you have to do is understand what's happening and position yourself for success how many of you want to understand what's the big deal with blockchain and bitcoin but have been postponing it for ages well here's the deal go
to alox.com bitcoin right now we've made the most efficient course to take you from absolute newbie to understanding what blockchain is and how to take advantage of this financial revolution do it now use the promo code aluxer and get 25 off at checkout you keep postponing so maybe it's time you actually do something about it number eleven advertising fame and community building are available to everyone back in the day people of influence would choose who gets to become famous they would hand pick the next movie star decide who gets to be on tv and choose
the next big artist well those gatekeepers are gone it's never been easier to acquire fame than it is today money follows attention if you can capture people's attention others will pay you for the attention you're getting or if you're smart you can monetize it yourself influencers as we know them will soon be split into two categories billboards for others and entrepreneurs the moment these influencers figure out they can sell their own product and keep the profits instead of making money for other companies the game changes you saw kanye go from debt to billionaire by owning
100 of yeezy kylie sold a makeup kit to her millions of followers and made billions these are extreme cases of course but you only need 1 000 true fans to pay you 100 bucks a year and you can survive off your art you have no excuse not to leverage the tools at your disposal to build a life you're proud of number 12 you can outsource almost everything the world is filled with talented people who have the expertise you're lacking fortunately for you these people are willing to trade their insights and abilities for money you don't
need to learn how to design a great logo you don't need to learn how to build a website how to run ads how to edit videos how to file a trademark or how to use heavy machinery you could hire people to do all of this on your behalf getting rich is super easy once you understand how to do this particular arbitrage the easiest way to get rich is pay someone less than the money they're making you your job is to figure out how to get paid more than you're paying them solve this equation and you're
golden number thirteen luck and chance are negotiable alexa for as long as you live please remember this reality is negotiable you can live any kind of life you want as long as you're willing to negotiate for it but alux what if i'm not lucky like that well here's the thing luck is distributed randomly chances are luck will hit you several times in this life by sheer luck you ended up on this video today but it depends on your position if you're able to take advantage of that luck or not now here's what that means and
fundamentally is why the rich keep getting richer while the poor will stay poor forever let's take two people of a similar ability similar race similar gender etc one of them works twice as much as the other one this allows the hard worker to save the difference in earning one day luck shows up as an opportunity someone is selling some land for cheap because they need the money so the one working regular hours doesn't have the money to do it so they pass on the opportunity well the one with the savings takes advantage of it and
becomes richer because of it both people got the same opportunity the same luck but they were not in the same position to capitalize on it and what if bad luck hits we have the same two individuals one with savings because they work twice as much while the other has none because they live paycheck to paycheck both of them are hit with the same bad luck needing to have surgery the one with the money saved up is able to pay for the surgery with the savings that they have and their lifestyle is unaffected the one without
the savings needs to borrow money at an interest or sell some of their assets to cover it thus becoming even poorer and this my friends is how the rich get richer and the poor get poorer it all depends on the setup of the effort of putting yourself in front of viable opportunities that you can access number fourteen no matter how specific fringe or weird you think your product is you will find customers look there's almost eight billion people on the planet we guarantee you that no matter what you're into you'll find plenty of people who
share your interests there's just too many of us so we're breaking down into groups based on interests every group has their consumers and their creators the creators create while the consumers make the creators rich service your niche community and you'll do well for yourself number 15 governments are printing money like crazy between our rich friends there's this joke running around the government will make everyone a millionaire the founder of alux grew up in romania in the 1990s and in romania in the 90s everyone was a millionaire at least that's what the currency said but they
devalued the national currency your monthly rent was a couple million leahy or the equivalent of 250 dollars we've witnessed first hand what happens when inflation steps in once governments start printing money like crazy the currency begins to devalue we guarantee that every single person watching this video has noticed that they pay at least thirty percent more for the same grocery basket now compared to only two years ago when they print money they are robbing you of wealth but that money is entering the economy whenever they print more money that means there's more money available for
the taking people will spend more make sure you're on the receiving end of that spending if you want to be rich we want to flip this on to you you've heard our thesis so now it's your turn do you honestly think it's easier today to get rich than it was 30 years ago let us know in the comments and let's spark a debate on this one we know you're smart so it's time to prove it and as for those of you still watching here's a bonus we saved for you there are only eight paths of
building wealth here's the list one building products two building a brand three building a team four making deals five trading assets six accumulating assets seven managing assets or eight engineering systems all businesses rely on these activities look carefully at the list and figure out where your skill sets can be used and you can leverage that to build your own wealth don't get caught up in all the multiple streams of income believe it or not you can get rich without having seven streams of income that's not actually how people get rich people confuse how rich people
make money versus how they invest it if you know what you're doing you don't need to diversify rich people get rich by putting all their time money and effort into one strategy to succeed they use that to earn a ton of money and then they invest in different assets but you have to make the money first unless you're able to master money first you will never be rich you folks are the true alexer so we encourage you once again to check out the principles of wealth building in the app we could have made a one
thousand dollar course with the info in there but we choose to sell it for 25 bucks so everyone can afford it go to alex.com app right now if you're committed to mastering money first write the word first in the comments let's see how many of you made it to the end of the video thank you for watching this video alexa if you found it valuable consider subscribing to our channel and joining our awesome community and if you're still hungry for more we hand-picked this video for you to watch next or head over to our website
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