How to become a Millionaire?
All of us need money and luxury and many aspire to be a millionaire and work really hard of it, but only few succeed and many fail in this path, there are many people who became millionaire with their passion and dedication towards their work, but every body have passion and dedication but only few gets the success, when asked in many interviews, here the most common things between the things which made them successful.
1. Perfect Strategy.
No one can become successful over night, it takes months more over years and even decades to become millionaire in life, prepare a strategical plan and work for it at least 2 to 3 hours a day, and give at least one year for the result, don’t expect too early.
example- if you want to make money online, or if you are youtuber or blogger, give at least 1 year then only you can see good results, there are many millionaires who didn’t even earned pennies in there initial days, so give some time.
2. Good Education.
Yes there are many millionaires who never even went to school,
Education never means of having a degree from any university, or having marks or academic records, in the language of millionaires education means learning an through learning unlocking the opportunities,
Many stats proofs that, many millionaires prefer to have good education to open up minds.
3. Have Confidence.
It is the most important point to become a millionaire, many people quit there jobs due some initial failures, it depends on us how we take the failure, more you work, more you fail, more you fail more you will learn, so if you learn more there will more chances of you r success, so never afraid to fail.
Many surveys have proven than, many great people are great readers, it increases you think and exploring ability, read the advises of successful people, auto biographies of many millionaires and there strategies.
5. Have a good influence.
Build good relation with people who walked into this path or who are also willing to aspire and learn from them, create good contact with them, and increase your circle and reputation among other members, so you can have good partnership in future.
6. Manage your money.
Stop spending and start investing, successful people never spend things on expensive things, they save money and invest at correct time at correct place, always invest where you get profit more than 30%.
7. Look what people need.
if you are doing a business, or establishing any industry, look into you r surroundings and check what people are expecting from there existing technology and what new they want
example- when people felt every hot they used hand fan after some days electrical fan was created and then table fan, cooler and now air conditioners, so whats next?
AC takes space and cost, so people are looking forward for small and portable AC, so its in demand,
so create some thing which is in demand of public.
8. Develop you existing strategy.
There are some people how lost there who properties due to lack of continuous per planned strategies, create thousands of plans which suits for your company and implement the best annually, never be in a hurry of increasing your money fastly, go slow and steady.
9.Hire good people.
Many corporations and industries people having experience of having at least 3 years, never hire people with educational qualifications, skills are only increased with experience , so only hire experienced people.
10.Buy and sell.
This process can make you a millionaire a very fast, buy thing but not for you, some times people who are in need can buy a thing at three times than its original cost, so buy at cheap and sell at high.