5 Proven Ways of Becoming a Millionaire
Nearly every living person secretly desires to be wealthy. Some have tried and given up. Others are trying but just a few have ‘made it.’ How do people become filthy rich? What route did the present and past millionaires take? Is success guaranteed if you follow a proven course?
Many people have studied the rich extensively. Almost every trait, habit, mindset, ability of millionaires has been documented. And what I’m about to reveal is what I could call the scientific way of attaining lasting wealth. Majority of millionaires started their businesses from the ground and built them up. These are people who have a dream and constantly visualize its realization. They never rest and work to build their fortunes. If you look around you will see many people you know who have done this. You knew them when they had nothing but these days your probably even fear approaching them.
You may be thinking that they were lucky. There is no such thing in business as luck. What happens is that when you make up your mind on the direction you want to take, you coincidentally met events and people who catapult your way up. The people who use this route of entrepreneurship to gain wealth and fame are about 74%. This means that you have the best chance of becoming a millionaire if you go into business.
The second way is being a senior executive. This means joining a large corporation and working your way to the top. Senior people are paid extremely well and in some cases share the profits the corporation makes. They are often given bonuses and stock options. About 10% use this route to become wealthy. To make it to the top positions may require a minimum of education, hard work, dedication and exceptional managerial skills. If you want to use this route, then you may need to go back to school and continuously improve yourself. You may have to put up with many years of being bypassed for promotion. Your time will certainly come.
The third way which 10% of the people use is being a top notch professional. In this category you find doctors, lawyers, engineers, architects, pilots and a host of other professionals. You will need to polish your trade. Know your profession very well and establish yourself as a top expert in your niche. The top 5% of these top level experts in any field earn 10 to 20 times more than the average person in the field.
The fourth way is being a sales person or marketing consultant. About 5% of self made millionaires use this route. These people never start their businesses. Some may never have gone to college but they become very good at selling. You may have realized that most sales people earn a commission on the sales that they generate. If you generate $ 10 million in a year and get paid 5%, it’s not that hard to get wealthy. I would like to say that this is the route that has the least entry level conditions. Not many companies will turn down an offer to sell there wares on commission.
The last way that that people use to get wealthy is through inventions, sports, inheritances, lottery and movie stars. These people only make just about 1% of the total. However these people get the biggest media attention. I think out of the skewed media reports, people have come to believe that that is the only way of getting wealthy. Whichever way you want to use to be wealthy, have two things in mind. One, be extremely good at what you do. Never allow mediocrity. Two choose something you enjoy and love.
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