Do you know Hiroshi Yamauchi? Hiroshi Yamauchi born November 7, 1927 in Kyoto is a Japanese businessman. He was the third president of Nintendo Co., Ltd. beginning in 1949 until stepping down on May 31, 2002. Yamauchi is credited with transforming Nintendo from a small hanafuda card making company in Japan to the multi-billion dollar video game company that it is today. Yamauchi was succeeded at Nintendo by Satoru Iwata. Yamauchi also became the majority owner of the Seattle Mariners baseball team in 1992, which is now managed by former Nintendo of America chairman, Howard Lincoln.  

Do you want to become rich someday just like Hiroshi Yamauchi? There are many people labeled as Nouveau Riche. Denotatively speaking, nouveau riche is a French term for "new rich", or new money. It refers to persons who acquire wealth within their generation. It is generally used to emphasize that the persons were previously part of a lower economic or social class, and that the acquisition of wealth has provided the ability to do or to have things that were previously out of their reach.

I have read an article saying there are many ways to become nouveau riche, but many more to become poor. Of course it’s usually not easy and many quick methods involve a lot of risk. I list the steps on becoming rich according to that article. Here it is.

1.      Start by investing in your most important asset: Your mind

1. Doing well in school
2. Learn about basic economics
3. Develop yourself all your life
4. Develop a vision
5. Stay healthy

2.      Invest

1. Start investing as early as possible
2. Make smart investments

3.      Start Your Own Business

1. It is always better to be an employer than an employee
2. Entrepreneurs make up the majority of millionaires

4.      Be Smart

1. Learn about budgeting, credit, and debt.
2. Put an amount of money in the bank monthly.