How to become rich with no money? Ever heard the phrase, “you need money to make money”? Well, that phrase is not always true as it is very possible to become rich with no money.
There are no doubts that past events shape the future of a man but with every choice, he makes in the present based on challenges he faces; he creates his future.
Will you be rich or poor? Discipline, perseverance, consistency, and creativity are some factors that separate the rich from the poor. This article will take you on a journey that will have you questioning some of your previous decisions and making better ones shortly.
It sounds ridiculous teaching how to get rich from nothing right? I mean, there are blogs on how to get rich quick, several ways to get rich, secrets to getting rich, and many more. But you’d hardly see articles on the internet bothering on how to get rich starting from nothing.
In this article, we will be looking into tips on how to become rich with no money. Before your wealth arrives, there are some behaviors you should internalize. In other words, some behavioral changes should be a part of you as they would prepare you and teach you how to manage your coming wealth.
Let’s have a look at some of these changes:
1. Have Healthy Habits
Your desire to get rich without money adds to your list of already existing stress factors and when you don’t have a healthy lifestyle, it creates more problems. You should eat well and exercise regularly: it is only with good health and long life that you can enjoy your riches after all “Health is Wealth”.
2. Be Self-Disciplined And Have The Right Mindset
Being self-disciplined will enable you to get tasks done even when you’re not in the mood and there’s no one there to motivate you. It is also important for you to always be able to get into the right frame of mind before carrying out any task as your mind is your greatest asset.
3. Have A Vision
Your wealth begins with your vision. Your vision is the dream that spurs you to be a better person, a wealthier person. You should have dreams that push you to create better ideas and to be consistent in your work. Your vision should not just be getting rich, but it should be related to the endpoint which is what getting rich will do for you.
4. Keep Learning
Never stop learning. Always read, listen to audiobooks, and adhere to the advice given by your predecessors. It will help you avoid their own mistakes and teach you things that would have been difficult to learn on your own and this will enable you to achieve your goals faster. Also, always keep an open mind when learning, what may help you strike gold may be something you learned a long time ago.
5. Pursue Market Opportunities
This simply means that you should always be on the lookout for small gigs or side hustles related to any skills you may have. Be willing to take risks and make mistakes.
Doubting the possibility of getting rich while starting from nothing is normal and while it is very possible to become rich, it is also not an easy feat. But if you are willing and consistent, there are things you can do that work.
Things You Can Do To Become Rich With No Money
1. Use Your Skill(s)
This is one of the most important things you must know in your journey to know how to become rich with no money. A lot of people possess skills that are well sought after and that can be monetized but because they don’t believe their skills are needed, they let them go to waste. People who want to become rich believe in creating their opportunities.
For instance, if you are skilled in crochet weaving or pottery making you could make some items and sell them to your schoolmates or friends; if you are good with makeup you could become a makeup artist for a studio or even a movie set; if you have the patience to teach you could also become a tutor and teach people your skills without even practicing.
As you can see, the possibilities are endless, you just need to figure out what skill you have and what you want to do with it.
2. Develop New Skill(s) And Knowledge
Jim Rohn, the wealthy entrepreneur, once said, “Formal education will make you a living; self-education will make you a fortune.” This is candid advice for those who claim not to have a skill.
There are a lot of courses and programs on the internet, some free and others to be paid for, that can teach you a skill. Most of them even offer certificates and you can get all of these from the comfort of your home.
There are also a lot of new skills in high demand currently, skills like coding, digital marketing, brand strategy, web development, and many more.
You just have to do your research, find the one you’re most interested in, and learn it. This also applies to people who already have a skill. Technology has made a lot of things easier; therefore, some skills that were highly sought after in the past are now regarded as obsolete. Constantly developing new skills and acquiring knowledge will help you move with the changing times.
3. Start Your Own Business
Understanding how to become rich with no money depends on how best you can throw around your creativity.
If you wish to start your own business, do something you are passionate about. It is easier to be consistent in a business if you have fun doing it than if you don’t because then it seems like a boring chore.
Your business should bring about a solution to an already existing problem not create new problems.
Find the perfect idea, do your research (review your environment, social class of your potential customers, product, etc), get organized, and make it official. If you can find a new approach towards a niche and build a business around it, then you have the potential to be successful in it.
4. Create Content(s)
You can get paid for creating content for people. It could be for a company’s website, blog, vlog, YouTube, Facebook, Instagram, or an e-commerce site. As long as you can create meaningful, relevant content, people will always come back for your service and even spread the word about you.
5. Write An EBook
Choose a popular topic for your eBook but write about something you have the knowledge and genuine interest in. You may spend months writing, proofreading, and editing your book; the more time and effort you put into it, the better the result.
Once your eBook is ready for publication, the next step is to consider the best platform you can make the most money off. Here are some websites to sell your eBook: www.Amazon.com, www.fiverr.com, www.payhip.com, and Okada-books.
6. Live Below Your Means
Try to curb unhealthy spending habits like buying things on credit, buying things on the spot, and buying expensive items you don’t need. Spend less than you earn so you’re never left stranded. Living below your means is vital for your money to grow.
7. Affiliate Marketing
Affiliate marketing is a branch of marketing in which you get paid for recommending a particular product/service to your readers or viewers.
It’s pretty easy to become an affiliate marketer, you just need to be able to convince people to buy a product or service. You can then get a link on your blog or social media page that people can click on to know more about it. Once a purchase is made, you get a commission. It’s the coolest cash you’ll ever make!
8. Save, Save, Save
It is important to save a fraction of whatever little income you get. You can start small and increase your savings later as your income increases, this is to instill the habit in you.
Saving is not always easy but you need to get used to it if you want to become rich with no money. A simple way to go about it would be to make a monthly budget according to your income; this would help you remove a portion to save and curtail unnecessary spending.
9. Invest
Investments are a great way to get rich. Like savings, investments are usually done with your spare cash, but unlike savings, investments bring returns and profit. It is about letting your money work for you.
There are different kinds of investments, hence you should find out which is best for you. Also, there are a lot of risks involved, so it is important to know everything about the business and take only calculated risks to avoid getting scammed. It would be wise to take business advice from professionals before investing your money into any business.
10. Be Disciplined
You’d never know how to become rich with no money if you are not a disciplined person. Being disciplined is extremely important and helpful on your journey to riches. Earlier on, it was mentioned that to help you save, you should create a monthly budget. Only discipline would make you stick to the budget and any other financial plans you may have. It also ensures that you achieve any financial targets or goals you may have set within the stipulated time.
11. Pre-Order Sales
This is another way to get rich with no money. Pre-order sales is a sales business in which people pay for a product that is not yet available. When someone requests for something or makes an order, they pay for it and then wait for the goods to arrive at the store before they get their order. It is a way for you to start a sales business without any money.
12. Partnership
Partnership is something you have to consider if you are really interested in knowing how to become rich with no money. So many wealthy people today got their wealth through partnerships, that is to say, they had an idea but no money so they entered into a partnership with people that had the money to sponsor their idea, an example is Jeff Bezos.
Picture a scenario where Mr. A has a brilliant business idea but no capital to kickstart it. He goes ahead to pitch the idea to an investor who can pull the resources to start the business and they share the profits.
In partnerships, there’s usually a binding contract called a partnership agreement which states the terms and conditions of the partnership including percentages of ownership and distribution of profits and losses.
13. Get A Grant
In most countries, there are grants available to people with good ideas: business, academic, or otherwise. For you to be considered for such grants, you need to have a very convincing business plan that is feasible and capable of yielding profit. As you can see, it is also another easy way to become rich with no money, just your ideas.
14. Influencer Marketing
Influencer marketing has to do with influencers advertising products/services to their followers. One of the best means you can consider if you want to know how to become rich with no money.
Influencers are often celebrities or popular people on social media with a large fan base that looks up to them or admires them. They are paid to advertise products because they can easily influence their followers’ choices.
Therefore, any product or service recommended by an influencer is likely to get massive patronage due to the number of followers they have. All you need to do to become an influencer is to grow your social media accounts to a certain level and have an interactive audience.
15. Real Estate Marketing
This is a branch of marketing in which the product being advertised is real estate. It involves helping real estate owners sell their lands or properties.
It is a pretty easy way to make money, you just need to have the right audience and be very persuasive. How does it work? When you sell a property, there’s a particular percentage paid to you as the marketer called a commission.
So, you could easily get very rich depending on the number of properties you can sell. Definitely one of the most important things you must consider if you are really interested in knowing how to become rich with no money.
If you lose all you have today, would you become poor? The answer is NO! This is because being rich is a state of mind. Learning about how to become rich with no money doesn’t just tilt you towards financial wealth, it also tilts you towards mental wealth.
You could be rich but still be poor and vice versa, all that matters are the intrinsic values, characters, and experiences which have prepared you to rise again if you fall. Always remember that being rich does not always mean having millions of dollars/naira, instead, it is about eliminating financial troubles in your life.
FOR YOU
HEY THERE! Thank you so much for reading this article. I want to believe that you have learned a thing or two. Please feel free to drop your opinions in the comment section, I’d be more than pleased to interact with you!
