Why Jews are Richer?
We should appreciate the achievements and accept the truth to become successful in our life. Being richer is a dream life for everyone but every dream needs patience and good decision-making regardless of the volunteer. We know that the Jews are richer and have more market shares in the companies around the globe, but we never think that how they get so rich. So, our article would be giving you life tips and the business path that Jews make in their daily life.
Bill Gates has said truly;
If you’re born poor then it's not your mistake but if die poor it’s your mistake.
Ever you thought about the ways that can make you rich and help you financially to make your business successful. But in this article, you would be going through the techniques that rich and successful people make in their lives. More than this, the world knows that top rich people are also Jewish.
List of 5 Top Richest Jewish People:
- Michael Dell (Founder of Dell Technologies)
- Larry Elison (Co-founder Oracle)
- Michael Bloomberg (Bloomberg)
- Mark Zuckerberg (Meta, Facebook, Instagram and WhatsApp)
- Sergey Brin and Larry Page (Google)
So, I am telling you the story of an American millionaire Jew who went to the Synagogue of London Street where he was invited for a lecture on how to become a billionaire. But before reading further, I want you to make sure that all the proposed methods were according to his opinion or thought but we may not contradict it with any other thought or religion. He told Jewish students that we all are gathered here for the reason to become financially strong and get to know about the main reasons that may lead them to become market leaders. This means that there is the teaching of finance and business along with the religious teachings in the synagogues.
11 Reasons Why Jews are Richer
1. Always Give Charity:
In Islam, we donate resources and money to the people who are in need. We Muslims also give Zakat and other charities in different forms such as on Eid Ul Adah, there is the mass distribution of meat and food or Iftar in the month of Ramadhan Kareem. According to him, he said that if you will give something to charity then someone will also help you via that charity at some other time. This means that if you will help someone then in return nature will also praise you with its gifts in your harsh times.
2. Be honest:
Never lose your trust and forgot about being dishonest. Because your dishonesty would result in misconduct, mistrust and a bad reputation around the people where you exist. A bad review may impact your financial dealings and may lead to other issues or crises.
3. No Gamble:
It does not mean that he does not gamble but he means that he never invests more than 150 million dollars in anything without consultancy from financial institutions. He means that he never makes investments where earnings are at the risk. He gets suggestions from the best consultants before making the main step while minimizing the potential risks after a good research. So, we must also get suggestions from experienced people who are already groomed in the market.
4. Do not go all out if you can’t afford to:
Never invested all your savings and resources on a single platform because a single source may become unstable anytime and you can’t rely on it. So, we must avoid keeping and investing all our resources in a single place or stage. Because the availability of more than one or multiple resources can save you from bankruptcy or defaulter.
5. Consultation:
He told his students to acquire consultancy from the best consultants in every matter of life whether it's finance, law, family, banking, health, and education. If not possible then pay to get the best consultant groups which would help you make the better decision. Because we pay consultants for their experience and their experience has some value for it
6. Know your product and customer:
He taught the marketing skill that how to grab the local and international market. He emphasized that you must study and research the products that are high in demand and how you can fulfil the market needs efficiently. This means that before investing, take a deeper dive into the customer demands and then build the exact product that he was supposed to search for in the market.
7. Work harder than any other person:
You must be an industrious worker but a smart worker. Take the challenge and aim for the goals to achieve as per your target. This means that you must work 110%.
8. Leveraging:
According to Jewish belief, leveraging and interest rates are allowed in their Jewish religion. But as a Muslim, I would never recommend you do such, as leveraging and interest Is haram in Islam. Sood (Interest) is prohibited by Allah which would mean that there might be some hidden mysteries. However, I would recommend my Muslim brothers & sisters and other readers from another religion to make yourself skilled and experienced enough that people will be ready to invest in you and hire you. Make your communications powerful enough so that people could trust you and get funds to launch startups.
9. Never associate yourself with dishonest people:
You cannot expect honesty from people who are dishonest with someone else. So never make friends or company with an untrusted group. Those suspicious friends or teammates may also engulf you at some time and you won't run longer with them. Hence, always make lifetime partnerships.
10. Networking:
Make good friendships and direct mutual understandings with powerful and successful people such as lawmakers, security analysts, bankers, politicians, and officers. Because being in touch with good people would make you updated and recognized in their good list.
11. Financial Discussion:
You would be surprised that Jewish parents discuss their financial problems in front of their children. When children are supposed to go through these issues then they are made to save the money from their pockets. Through savings from their pocket money, children understand the value of cash and seek guidance before purchasing anything. That's how a child learns and gets his hands dirtier when swims into the economic decisions and plans for his future.
Conclusion:
We must accept the facts and figures that are available and develop strategies to enhance the lifestyle. Continuous motivation and hard work always pay off if it is done with honesty. Forget all about the hate against any group that makes you angry and try to focus on the reasons that make Jewish people so successful.
In the end, as a young Muslim, I would recommend my audience to go through the life of the prophet Muhammad (PBUH) and seek the best financial lessons from his life. Plus, I would also recommend you launch your own startup and business because we lack on this platform. Jews are richer because they own 90% of the startups. We as Muslims should be designers, creators, and entrepreneurs to lead the world into our own hands. I have detailed to the best practices made by Jews to become rich, and it is now your turn to make your own product or start a new business.
In the end, as a young Muslim, I would recommend my audience to go through the life of the prophet Muhammad (PBUH) and seek the best financial lessons from his life. Plus, I would also recommend you launch your own startup and business because we lack on this platform. Jews are richer because they own 90% of the startups. We as Muslims should be designers, creators, and entrepreneurs to lead the world into our own hands. I have detailed to the best practices made by Jews to become rich, and it is now your turn to make your own product or start a new business.