How do you become rich without becoming an entrepreneur?

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It can actually be easier as an employee.

Entrepreneurship is hard.

The key as an employee is to start investing early and often.

  • Decide how much you plan to invest.
  • The higher percentage of your salary you invest the sooner you’ll get there.
  • Decide on your investment vehicle.
  • I use S&P 500 index funds. They’re very low cost (important) and buy all the stocks in the S&P.
  • Have your employer automatically put the percentage you decide directly into your investment account?
  • This automates your investment.
  • If your company offers a 401k and match, put enough into your 401k to get the full match.
  • Keep doing this until you are wealthy.
  • No financial advisor is needed. Better if you don’t have one.

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