If there was some single piece of advice that everyone could follow to be rich everybody, and therefore no body would be rich. To start with I would probably r

If there was some single piece of advice that everyone could follow to be rich everybody, and therefore no body would be rich. To start with I would probably remind them that to be rich you’ll probably need to do things differently to some extent. The reason most people aren’t rich isn’t because they’re not smart enough, but because unless you’re lucky enough to be born to a rich family or win the lottery building wealth requires decades of discipline in executing a strategy that will get you there. Most people are not willing to do this but you have to be that person who is. You’ll also find you can’t just copy some playbook. You’re not going to build Amazon because it already exists and you’re not going to invest in TSLA or Bitcoin when it was trading as $20. You need to identify the next big thing before anyone else and have the self belief to stick with it for years while everyone thinks you’re crazy and going to lose everything. Large amounts of wealth are almost always amassed by finding some method of generating exponential value. It is a common misconception that a good job can make you rich. Linearly trading time for money can give you enough money to have a good life, but rarely will provide a pathway to true wealth. Building a company or investing in appreciating assets are generally the only two pathways to generate large amounts of wealth. However these both come with high risks and as previously mentioned typically require deferring gratification for years to decades while growing a business or compounding an investment portfolio. And at the end of it all your business could go bankrupt or your investments to zero. In many cases people don’t want millions of dollars, rather just a good standard of living with job security and money to spend in the present. In this case a good education in a STEM is probably a decent shout, otherwise find something you truly believe will be huge in the future and take your slice early on either by building a business in that niche or investing in one.