Get rich slowly

brown snail crawling on red chili

Because nobody wants to get rich slow.

Warren Buffet

Being rich is not about money but about living the life you want to live. Every guru in their Facebook and Instagram ads will tell you: why wait: you can have it now (spoiler: ads are seldom truthful because they want your money).

It is about consistency

As Warren Buffet is known for compounding interest, you should look at what can compound for you to get rich. Do you want to run a marathon? You can do that now, right away. It won’t be fast, it won’t be a pleasant experience, but you can. You can also take three years to train steadily to make it an enjoyable experience which you can repeat every few months.

Do you want to lose 10 kilos? Just stop eating. You will get there. Though when you start eating again, the kilos you lost will bring some of their friends to keep you company. Consider changing your diet, add exercise, and you might lose those kilos, though more importantly, instead of crashing to some goal, make a sustainable change to stay where you want to be.

Consistency is boring

Intensity makes a good story. Consistency makes progress.

James Clear

The Warren Buffet quote at the end is from a conversation with Jeff Bezos and shows that the most giant trap you can fall into is trying to be a hack and avoid simple, proven and patient and try to replace it with complex, luck and now. Yes, sometimes you get lucky, but if you don’t want to need luck, put in the work (or abstain from pleasure traps and quick rich schemes) every day that is required.

Amazon founder Jeff Bezos once asked Warren Buffett: “You’re the second richest guy in the world. Your investment thesis is so simple. Why don’t more people just copy you?”

Buffett replied, “Because nobody wants to get rich slow.”