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    • Investing in Land. I know quite a few people who’ve invested in land more than once, often with insider information about upcoming infrastructure projects like highways, railways, or airports.
    • Investing in IPOs. Investing in IPOs, like Amazon’s in 1997, shows the potential for significant returns. If you had invested $1,000 in Amazon then, by 2020, you’d have over $50,000.
    • Working in a Startup Before its IPO. In Facebook’s early days, until late 2005, some entry-level employees in basic office or site support roles received between 1,000 to 5,000 shares.
    • The Lottery. Ok, this is an obvious one. The lottery is probably the most known get-rich-quick scheme out there. While it’s a legitimate operation often run by governments, I would call it more of a poverty tax than a real pathway to wealth.
    • Hustles That Require Licensing Or Certification
    • Multilevel Marketing (MLM) Schemes
    • Side Hustle Coaching Programs
    • Bottom Line

    Salon services, real estate salesand certified accounting and tax prep services are often touted as top side hustle ideas. While these fields can be very profitable, you must have the required education and licensing or certification. To get this, you’ll spend anywhere from $500 to $10,000, or more, to complete your initial education, plus pay init...

    MLM companiesare skilled at convincing you of easy money and big profit potential, and there certainly are many who do well in this model. However, you should carefully research any MLM opportunity’s required costs and product investment—which can be hefty—and examine their sales and profit model. In most cases, you’ll only profit if you build a la...

    As you explore various side hustle ideas, you’re sure to stumble across coaching programs that tout untold profits and promise to help you quickly succeed. This is another group of skilled marketers who know how to convince you to pay $100s or $1000s for their “foolproof” system. While some coaching programs offer sound techniques and good advice, ...

    Side hustles are a great way to earn extra income, pursue a passion or launch a new business in your spare time. With so many side hustle opportunities, it’s wise to explore the options to determine which hustles fit your skills, goals, budget and available time. No side hustle is a guaranteed success or get-rich-quick scheme, despite what some cle...

  2. Trying to get rich quick without a stock-market killing or genius business idea can make people susceptible to scams, schemes, and downright bad ideas. Here are 18 ways you can go broke trying to get rich, including continuing to chase that always-tempting Powerball jackpot.

  3. Aug 11, 2021 · 1. Money mindset is everything. You need to have a positive money mindset when it comes to creating wealth. Everyone carries a money story and it’s your job to understand what yours is...

    • Melissa Houston
  4. May 16, 2024 · Get rich quick schemes often come with grand promises and little substance. They range from MLM to cryptocurrency to dubious online business ventures.

  5. Aug 7, 2024 · 1. Get paid to take surveys. Taking surveys from your phone or tablet might not make you rich but it is an easy way to make money fast. Companies are willing to pay good money for...

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