Making $1,000,000 may sound like a very daunting task that seems almost impossible. The truth is that 1700 new millionaires are made every day, and about 620,000 new millionaires yearly all around the world. How come so many people become millionaires so often, how do they do it? Do you think you can do the same? We are here to tell you that it is very possible when you position yourself in a way that is advantageous to you financially. All that you have to do is add a lot of value to the marketplace. If the market deems you worthy of $1,000,000 that is what you will get. Here we have 3 Ideas that you can pursue anytime in your road to financial success:
1. Have 1% Paying Job
One of the most obvious ways that your parents and society orient you towards is getting the best high-paying jobs. If you are really good in a job that you specialize in. The obvious choices are Doctors, Lawyers, Engineers, and upper management, which all average above $100,000 per year. If you are really good at your job and are hyper-specialized you have the option to double or even triple that amount. The highest paying job with the lowest barrier to entry has always been sales. The ability to sell would allow you to not cap the earning potential in your sales career, you are also able to double or even triple the $100,000 per year as a high ticket salesman.
2. Starting A Dropshipping Online Business
This is a very fun and fulfilling business model. You need to find a supplier of a specific product that would allow you to bring in sales and keep the difference in pricing. As an example, if you could find a supplier who could package and deliver a weight loss tea for $5 a package, you would advertise and sell the tea for $15 on your end. You would then pay the supplier their respective $5 and then keep the difference which is at most $10. The supplier takes care of everything, including
– Production
– Packaging
– Customer Support
– Delivery
– Returns
An example of a very successful dropshipping entrepreneur includes Kylie Jenner. She is one of the youngest billionaires today and owns 100% of a company that has almost 6 employees. She utilizes that dropshipping and private labeling business model to build this empire of hers. All of her production and delivery is outsourced to other entities.
3. Write Several Self Published Books
It is an incorrect assumption to make when you think that you need to create a best-selling Harry Potter caliber book in order to be successful in the publishing world. Although it is very unlikely for you to write a book of that caliber, it isn’t very difficult to make tens if not hundreds of thousands from publishing small novels and non-fiction books. There is almost always a new angle for content and an audience willing to purchase. A good example of this is Amanda Hokings, she has been rejected by most publishing agencies. None of her novels were given a shot, she then decided to self-publish some of her novels on kindle and made over $20k in her first month. When she added all of the novels into kindle she made over $2.2 million in the span of 20 months. As a part-time novel writer, these are crazy figures that anyone with enough imagination can achieve.
Party Investors 