MORE FREE INFO ON BUILDING WEALTH
On all aspects of making money and everything to do with wealth building visit our website for a huge resource of articles, features and downloads and at http://www.net-planet.org/index.html
The Tips you will find in this article are taken from the book the Zurich Axioms which is one of the best books ever written on how to make money and make money fast.
The book does not conform to conventional investment wisdom, but that’s no bad thing as people who follow the norm don’t get rich.
The people who followed these Axioms did and you can to, so let’s look at some of them.
The book is about betting to win. While that may sound fairly conventional there is a twist and that is:
Everybody wants to win but not everyone wants to bet and therein lies the difference – the book is about having courage and not following the norm.
The book is for any type of speculation while read mostly by financial traders it applies to ANY Business
Let’s look at some of the unconventional wisdom the book gives us and how it can make you make money fast.
1. Risk
If you want to make money you have to take a risk and most people want the money and not the risk. Well if that’s you, then you won’t make money fast.
Most people avoid risk but without risk there can be no big rewards.
If you don’t want to risk anything then making money is not for you, but for those of you who enjoy life and see it as an adventure, then you will embrace risk as part of life’s big adventure.
We all take risks everyday, crossing the road is a risk, but you are confident that you will get to the other side without getting run over. Remember life is a risk.
The book does not say take risks for the sake of it, but only take calculated risks that can yield huge rewards.
2. Risk Meaningful Amounts
You often hear people say you should only risk what you can afford to lose. In that case you want risk much and therefore won’t gain much or make money fast.
You need to risk a lot regardless of the venture you intend to invest in.
If you don’t you won’t get rich.
3. Decide what you want in advance and get out
We live in an ever changing world and when there is an opportunity to make money people will flood in and get on the bandwagon and the profit disappears.
Think back to all those dot.com companies worth a fortune in the 90s. Well they soon crashed and this happens all the time.
Even if your business looks good have a point where you sell and move onto something else there is always an opportunity and you will have a profit – What could be better than that?
4. Disregard the majority’s opinion its probably wrong
Don’t worry if you stand alone in your view that could be a good thing. The majority are mostly wrong as we saw in the 90s with the .com bubble.
You need to pick opportunities others don’t see - That’s the real way to make money fast and when they do see them its time to get out fast as well!
5. Beware of long term plans
None of us know the future so why make long term plans? You will see people plan their lives 20 years ahead but in an uncertain world only the reality as you see it counts.
Above are just a few of the axioms and as you can see they are relevant to anyone wanting to make money fast there are many more,, these are just a few of my personal favorites.
In the other parts of this series we will look at how to put some of the above into practice and make money but for now we will just say one thing, as one reviewer said after reading the book.
“If you have got the price of this book stake it”
It maybe the best investment you ever made to make money fast – Good luck.
- Related Videos
- Related Articles
- Ask / Related Q&A
- Make Money Fast – a Simple Method Anyone Can Master Part 1
- Make Money Fast – a Simple Easy to Understand Method for Wealth Building
- Make Money Fast - With a Proven Method Anyone Can Follow
- Make Money Fast - a Simple Roadmap to Building Wealth Quickly
- Making Money Fast - Borrow $200,000 to Invest No Credit Checks Needed!
- Make Money Fast and Easy With a 4 Point Plan Can Use and Win With
- Make Money Fast – a Blueprint to Get Rich Part 1
- Make Money Fast - a Simple Method to Get Rich Quick
Reasons to Sell Your Gold
By: Jthomas | 05/01/2010One of the newest ways to earn some extra cash these days involve selling old and unwanted gold you may have around your home.
The superannuation fund is a popular choice in Australia
By: Mel C | 05/01/2010When looking to plan for retirement, you need to look into a superannuation fund. It's the most popular choice for people in Australia to begin their retirement savings. There are many options to choose between, but can ultimately prove very beneficial.
Cash Till Payday Loans- Quick Financial Help Without Any Hassle
By: jaren lese | 05/01/2010Cash till payday loans are short term financial schemes which are designed to help you in time of need. These are easily available on the internet. The loan is deposited in your account without any hassle.
Stock Market Chart Tips: Understanding Trend Trading
By: David Wittlinger | 05/01/2010You can go online today and gain access to many different stock market charts, but would you actually know how to read one correctly? If you want to get into day trading or are interested in trend trading, you definitely need to learn how to read a stock market chart since the information it will give you is so essential to becoming a successful trader. If you are already a successful equity trader you may already know how to read these charts, but for everyone else let's take a look a...
Some Viable Tips To Saving Money
By: Peter Gitundu | 05/01/2010It is not uncommon to find yourself in a situation where you want to save part of the money you make on a monthly basis, but your needs always seem to exceed the money you have and you find yourself not making any savings.
Saving Money- The Options That You Will Need To Deal With
By: Peter Gitundu | 05/01/2010It is easier to spend money than it is to make the same money. Saving money is considered to be a difficult task for many people because of the daily expenditures that we find ourselves surrounded with, considering the rising cost of living as a result of economic fluctuations.
How To Save Money With Little Income
By: Peter Gitundu | 05/01/2010Saving money is a pain in the neck for many people. It is easier to say that one is going to save money than to actually save it. The excuse that many people give for this is that emergencies always come up at the point at which one intends to tuck away some money, and therefore they end up not being able to save the money they intended to.
Intelligent Investments
By: Michael Ramsay | 05/01/2010With companies and individuals recording record losses and the likes of Warren Buffett’s Berkshire Hathaway reporting poor investment performance, the recovery from the economic downturn should give us pause for thought and a moment to reflect on the lessons learned.
Facelift Costs – the Secret of Reducing the Cost by 70% Instantly!
By: Sacha Tarkovsky | 11/08/2007 | Women's IssuesMany people would love to have a facelift ( Rhytidectomy) but cannot afford the cost of around $10 – 15,000, however informed patients are getting face lift costs reduced to as little $3,000! How are they doing it? The answer is quite simple they....
Breast Enlargement - Get a Womanly Sexy Look at a Cost That May Well Suprise You!
By: Sacha Tarkovsky | 11/08/2007 | Women's IssuesBreasts are one the major identity features of the women and all women are concerned about this area and many want a breast enlargement operation. Until now many have been put off by the cost, but the cost of breast enlargement has recently fallen dramatically in price. This article is all about getting the operation of your dreams at a cost that may well surprise you.
Liposuction Costs – Why you Should Consider India to Get the Look you Desire
By: Sacha Tarkovsky | 11/08/2007 | Women's IssuesTummy Tuck or abdominoplasty, Liposuction of fat deposits has become hugely popular as an instant way of improving physical appearance. Many patients are however put off by the high prices in Europe and the US and are traveling to India to get the same treatment at vastly reduced cost of 60% are more!
Arthritis - Cure it Now at a Cost That May Surprise You!
By: Sacha Tarkovsky | 11/08/2007 | Diseases & ConditionsArthritis is a debilitating disease that causes severe physical pain and emotional turmoil for millions of people who suffer with it. Many do nothing about it, simply because they feel the cost of joint replacement surgery is too high...
Overseas Property Investment - Choosing the Best Destinations
By: Sacha Tarkovsky | 23/07/2007 | Real EstateWhen looking at overseas property you need to first be careful in the country you pick to invest in and you also need to be careful in terms of location. Let's look at some points to consider and a great destination, recently voted one of the top ten in the world.
A Novice Forex Traders Guide to Fundamental Analysis
By: Sacha Tarkovsky | 23/07/2007 | Currency TradingIf you are new to forex trading you have access to a lot of fundamental analysis as the click of a mouse from banks brokers and news wires you can look at and trade upon it – let’s look at forex fundamental analysis and how to use it.
Primorska Property – Slovenia an Investment for Above Average Growth
By: Sacha Tarkovsky | 22/07/2007 | Real EstateSlovenia property is attracting more foreign buyers than ever before, as it has emerged as one of the worlds best investment property destinations and was recently voted as one of the top ten, with estimated growth in the next 10 years being as much as 300%!
Slovenia Houses - Why Savvy Investors are Buying
By: Sacha Tarkovsky | 22/07/2007 | Real EstateSlovenia is a country that many people are unaware of as a property investment destination however this is all about to change, as Slovenia has recently voted one of the top 10 places in the world to buy investment property and buying houses in Slovenia is "hot" and becoming more popular with overseas property investors.