Winning the lottery, becoming an overnight multi-millionaire, achieving financial freedom.
We’ve all dreamed about that scenario, the numbers on your lottery card match the ones on TV.
You jump for joy exclaiming, “I’m a millionaire! I’m a millionaire!” You pick up your winnings and go to live the life that you have always dreamed of!
You buy expensive cars, big houses, fancy gadgets, all because you can.
But going back to reality, over 70% of lottery winners file for bankruptcy a few years after winning. Why?
Let me first tell you what these get rich quick businesses are all about.
What is the Get Rich Quick Business
This varies from online landing pages to lotteries, but the basic premise is that the program that you opt into promises you the chance or the guarantee of a large amount of wealth overnight.
There are the legit but very hard to win lotteries, and the fake websites promising everyone wealth.
These websites that promise large amounts of wealth overnight or within a week are just complete BS.
All they are trying to do it take advantage of people that want financial success in their life, but these fake websites are only making these unethical human beings rich after scamming the public of money.
Why Would Someone make these Scams
Self-gain. That’s the short answer.
People love to sell this idea that you can become rich overnight, and you can do it too, but after you pay them a fee.
There is no such thing as an overnight success because success comes from reaching your goal after learning many lessons, making mistakes, and giving your self hours and hours and hours to beat on your craft.
Lottery winners are just praying for the lucky numbers, but they didn’t work for the winnings they receive. So while they might have gotten very wealthy overnight, they didn’t learn anything about themselves or the journey it took them to become wealthy.
Reasons the Get Rich Quick Motto Doesn’t Work
People that get these large amounts of money overnight are ones that will lose it all if they lack the proper knowledge and experience, and there are a few reasons why people that become financially successful after a short period are not able to keep their riches.
1. Lack of self-discipline
All of the self-made millionaires in the world did not become millionaires because they wished on a star to become financially successful. All of the self-made millionaires are where they are today because they put in the work to get to where they are right now.
During their journey of becoming self-made, they learned how to have delayed gratifications, live below their means, managing money, and how to make sacrifices.
People that get large amounts of wealth overnight haven’t learned these important lessons and haven’t gone through the process of creating their wealth. So they don’t know how to handle all of their wealth other than to spend it all.
When it comes to the point where they don’t have money anymore, they are so desperate to get that life that they once had back, and end up creating their own jail which they willingly lock themselves into.
The self-made millionaires, because they learned lessons along their journey, are able to build everything back up after it has all fallen down.
2. No long term plan
A plan is important to ensure that you know what you are going to do, and when you are going to do it.
Without a plan to follow, you become careless and make bad decisions.
The percentage of people that won the lottery, and were able to not only keep their riches but earn more, were the ones who had a plan of how to spend their money and what to invest in.
Those smart lottery winners invested money into something like a business so they could earn more money. While every other lottery winner bought things that were only going to cost them money and only lived in the moment rather than thinking about the future.
3. Not doing any saving
Spending more and more money on things just because you can won’t do anything else but drive up your monthly bill.
Not being willing to skip that one meal or realize that you don’t need an extremely expensive car will be bad for you in the long run. It will only encourage you to unnecessarily spend money, putting yourself in a worse and worse place as time goes on.
Then when it comes to the point where they don’t have any money to afford these luxuries, this habit continues, bringing them into debt.
How to Differentiate the Lies from the Truth
Many people on the Internet are taken advantage of because they read about this program promising tons of wealth, but all that ends up happening is they get scammed out of a lot of money.
There are many things to look for, but here are the main points to differentiate the scammers from the legit people wanting the best for you.
1. Check if it has worked for other people
This is probably the biggest point, and I would not recommend skipping this when you are looking into one of these programs.
When you do this, make sure to look for real people who have tried the program. Don’t refer to the program’s host (s) because they can lie about their business to get you to pay.
2. Read reviews
What are people saying about this program promising millions? Have people been able to achieve such success through that program?
3. Check if they are honest and upfront
If the people in the program are shady or suspicious, don’t continue with it.
If they are promising wealth within a week or less, don’t continue with it.
If they are not upfront with the fact that for most people, it takes several months of drive to achieve any kind of substantial profit, don’t continue with it.
Check for red flags throughout the website and the people on the website.
The True Way to Financial Success
The mindset that you need to be able to adapt is knowing that building your financial success will not come overnight.
If you are building a business from the ground up, the average time that it takes before a business becomes profitable is six months. If you are able and willing to work on this business on the side for several months, then you are well on your way to building something great.
Under the chance that you have somehow won the lottery, create a way to produce more money instead of just settling for what you have. Nothing in this world lasts forever, and lottery winnings are no exception.
If you were to invest in a program that promises wealth, confirm that other real people have achieved success through that program, and do not refer to the platform’s host (s) if it works. (Simply because the platform’s host (s) may lie to you to get you to pay them money)
If you have any further questions about anything listed here, or you just want to talk about this topic, leave a comment below this article and I will do my best to answer.