Question of the Day, Oct 28

What is the best way for a “regular” person to become rich in today’s society?


Author: Back in PA Mike

Crotchety middle aged man with a hot younger wife dead set on saving this Country.

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John Angelo
John Angelo
October 28, 2015 9:11 am

Sue someone who wants to make it go away.

rhs jr
rhs jr
October 28, 2015 9:24 am

So long as you are a Federal Reserve System Associate (thinking in reality is optional) .

Guy
Guy
October 28, 2015 9:29 am

Starting a company, having it fail, learning from it, starting a new company. Rinse and repeat until they’re successful.

kokoda
kokoda
October 28, 2015 9:37 am

People need food and repairs/upgrades to homes:
1. Knew a guy that rented a storefront, running a Deli; great place to eat but it was a tough business and not a way to get rich. He bought a box trailer (20FT long?), ordered a pizza oven from Italy, had a mason install in the trailer (opening on the side); bought installed other equipment (SS refrigerated thingy to hold the cut veggies and meat); used a Honda portable generator for power (very quiet- $1,000). Bought a 1/4 acre plot of land on a busy state road; got all the state/city/town approvals and started business – cash business – very profitable – very!!!

Bought and set up two more trailers; web site; trained and paid others to work other rented sites. Ca-Ching. Important – this was New Haven style pizza (thin crust – Wood-Fired ovens). Also did weddings, parties, etc.

He sold 2 of trailers, bought another home (wife ans 4 young kids), opened a rented storefront in a busy stretch in Groton Ct. and the cash rolls in. http://www.therollingtomato.com/
His mother (divorced) lives in their original home basically rent-free.

2. Become experienced doing many types of home repairs; once you become known for doing quality work at a decent price, over time you will get more work than you can handle.

Dutchman
Dutchman
October 28, 2015 10:12 am

First off you need to work for yourself.

Second you have to like to do what ever the business is.

Third the business needs to have a ‘second sale’. For instance lawn mowing.

Fourth it can be expanded by hiring employees.

An example of a business that doesn’t have a ‘second sale’ – fences. I had a friend who wanted to be in the fence business. Problem was he was deluged with requests for quotes. He spends his time to convince the homeowner that he can do a good job, be trusted, etc, etc. But when he’s done with the job – that customer isn’t likely to buy a new fence in the near or even distance future.

starfcker
starfcker
October 28, 2015 10:24 am

Llpoh had a great comment a week or two back. Many small businesses are doomed before they start. They just aren’t viable to begin with. Learning how to model businesses ahead of time is very helpful, used to be taught in business school. “Passion” is no substitute for numbers that work.

Stucky
Stucky
October 28, 2015 10:27 am

Every one of these is a virtual guide to endless riches. I usually charge $100 for this. But today it’s free to all you copfuk lovers.

1. A pizza restaurant where YOU make your own pie.

2. Moviefone operator.

3. Portable roll-down tie dispenser.

4. Upper body support system for overweight men with tits, the Mansierre.

5. An oil bladder system for supertankers.

6. Ketchup and mustard in the SAME bottle.

7. Beltless trenchcoats.

8. Any kind of new, but unique, perfume/cologne is a virtual goldmine. A lot of you faggotmen here will greatly like my new line, Copsuck. flash would no doubt enjoy my other best seller, Pussystank.

Back in PA Mike
Back in PA Mike
October 28, 2015 10:38 am

Stuck, When I get rich, I will donate 50% of my earnings to the Krakatoan volcano relief fund.

flash
flash
October 28, 2015 10:39 am

Pusstank Stuck…sounds interesting.Is that the tank you use to replenish your Nancy boy estrogen levels when they get low?

ace
ace
October 28, 2015 11:10 am

Fraud. But its got to be huge. And you cant defraud other fraudsters because there are laws against that. Use ill gotten gains to open a bank. Defraud said bank. Keep money. Have public pay bank back. Use ill gotten gains to lobby to be allowed to repeat process on larger scale.
This proven formula can work for anyone who is even mildly psychopathic and has no sense of guilt or right and wrong.

Bea Lever
Bea Lever
October 28, 2015 11:33 am

I consider a man who has his home paid for, drives a paid for ten year old car and who’s only debt is his monthly utility bills A RICH MAN. Even better if he has some metal stacked away for a rainy day.

Rise Up
Rise Up
October 28, 2015 12:03 pm

Rob banks…after all, that’s where the money is.

jamesthewanderer
jamesthewanderer
October 28, 2015 12:22 pm

How To Get Rich, University / Research Version:

(1) Read study solicitations from Govt.

(2) Bid on several studies; win one

(3) Having overpriced said study, skim excess. Perform study and reach pre-determined conclusion(s).

(4) Find some tiny, insignificant aspect of study that “needs more study”. Solicit extension / expansion of study.

(5) If (4) unsuccessful or finally runs down (nothing left to expand to), repeat. Win new study.

Administrator
Administrator
October 28, 2015 12:29 pm

Don’t start a website frequented by cheapskates and crotchety old bastards.

kokoda
kokoda
October 28, 2015 12:44 pm

james…10% correct

Admin….that’s me

kokoda
kokoda
October 28, 2015 1:43 pm

james – meant 100%

AC
AC
October 28, 2015 2:30 pm

Black market commerce.

methatbe
methatbe
October 28, 2015 2:41 pm

Start a new religion or franchise in an existing one. All tax free. It worked great for the Pope and L. Ron.

bb
bb
October 28, 2015 3:09 pm

Convert to Judaism . Then become a banker.

gm
gm
October 28, 2015 3:33 pm

@bea lol im almost there on house , rest is squared away altho car is only 5 years old . Im only rich in the sense of family and a very very small amount of friends. My son last night said dad your hair sure is white ! I laughed . Made me proud he could say that . He is autistic . And has overcome so many hurdles that average people think nothing of . That he can talk is amazing.
Now on to how to get rich in dollars hmm , Unless I lie cheat or steal then I can only say spend less than you earn , or work more till you can ..

flash
flash
October 28, 2015 4:11 pm

play the lottery

Anonymous
Anonymous
October 28, 2015 4:24 pm

Don’t waste your time trying to do things that don’t need to be done.

Find something someone needs done and do it while figuring out how to make a profit from it.

And don’t waste time looking for easy money, it it was easy someone else would have already beaten you to it.

Peaknic
Peaknic
October 28, 2015 5:07 pm

I hear cocaine has a nice profit margin…

Seriously though, I have gleaned only a few recommendations for getting rich:

1.) You can’t get rich being sole proprietor, you need to be a manager of others who actually do the work and take your piece of the action. You need to focus on strategy and business development.
2.) Create multiple income streams that do not need much ongoing work on your part (e.g., write a book, set up an e-commerce website, purchase rental properties and hire a good property manager, etc.)

Of course, I have done neither of these things, because like most, I tend toward the easy path and that has meant Fortune 500 corporate HR roles for me. I am now working my 15th job since graduating grad school in the early 90’s.

Peaceout
Peaceout
October 28, 2015 5:14 pm

Figure out how to be the guy who signs the paychecks on the front side instead of the guys who sign the checks on the back. Think about it.

phoolish
phoolish
October 28, 2015 7:11 pm

Write porn and sell the short stories for $1 ea on Amazon.

EL Coyote
EL Coyote
October 29, 2015 12:54 am

Stucky says: Every one of these is a virtual guide to endless riches. I usually charge $100 for this.

Stuck, a sports bra would be more appropriate for us armchair jocks.

My idea is an apparatus resembling the old wax lips candy, it would be to provide a defined buttcheek separation for lardasses that still want to flaunt that manly ass without resorting to padded panties.