This Is How the Rich Get Richer (and How You Can Do the Same)

The wealthy are always keeping an eye on the long-term pay-out.

learn more about Jeff Rose

By Jeff Rose

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Jeff Rose describes a few tactics the rich use to continue to get wealthier that you can emulate. First off, you must build a core asset and business. Once this core is established, you can start expanding.

Those who are able to build wealth over time also know that long-term goals are especially important. These goals should be your all-important focus. Create a business that will deliver long-term and produce dividends. Rose's personal example is developing his personal finance blog, which he worked on developing consistently. He only began to see profit from this side hustle after many years.

Click the video to hear more.

Related: 7 Crucial Rules to Consider While Investing in Your 20s

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

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