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About
How to make a million dollars. I don't make your life, I make your life better. This blog focuses on saving, investing, creating wealth and increasing net worth. The personal finance blog of a young professional with the goal of saving 1 million dollars for retirement.
The mission of How to make a million dollars is to provide you with the tools you need to succeed in business and in life. We offer refreshing original content to motivate and inspire your success. Our goal is to help you reach your monetary goals and improve your life. Join the movement towards fiscal responsibility and pay down debts, live within your means, delay gratification, and save for your dreams. Share your shortcomings and triumphs with like minded individuals who share the same goal of financial independence.
I started this blog in 2006 to help keep track of finances and share the things I learned, by reading other financial blogs and websites. I pay off my credit card every month, pay a mortgage, own a car, and have no school loans (right now). I'm always trying to think of ways to increase my earning potential, and accelerate my wealth accumulation. My goal is to save 1 million dollars for retirement which is a very attainable goal, considering I'm socking away 15% of my salary each year into a 401K. I hope to save enough money to be able to support myself on interest and dividends. I recently started dabbling in stocks with mixed results, but hope to improve my skills to take myself off the treadmill and onto a yacht. I plan to start a 10 different companies. My goal is to create at least one hugely successful business, which I could then sell or take public.
The mission of How to make a million dollars is to provide you with the tools you need to succeed in business and in life. We offer refreshing original content to motivate and inspire your success. Our goal is to help you reach your monetary goals and improve your life. Join the movement towards fiscal responsibility and pay down debts, live within your means, delay gratification, and save for your dreams. Share your shortcomings and triumphs with like minded individuals who share the same goal of financial independence.
I started this blog in 2006 to help keep track of finances and share the things I learned, by reading other financial blogs and websites. I pay off my credit card every month, pay a mortgage, own a car, and have no school loans (right now). I'm always trying to think of ways to increase my earning potential, and accelerate my wealth accumulation. My goal is to save 1 million dollars for retirement which is a very attainable goal, considering I'm socking away 15% of my salary each year into a 401K. I hope to save enough money to be able to support myself on interest and dividends. I recently started dabbling in stocks with mixed results, but hope to improve my skills to take myself off the treadmill and onto a yacht. I plan to start a 10 different companies. My goal is to create at least one hugely successful business, which I could then sell or take public.
How to Make a Million Dollars
Step one do some research.
Where to search? The web. Search on www.google.com, www.yahoo.com, etc. Find some worthwhile leads. After about an hour or two I found a bunch of crap and a few worthwhile ideas. Any website that was asking for money I classify in the crap section, because if I had enough money then I could do some savy investing and not need to spend any time on this million dollar mission. I found two good sites that I will recommend to anyone that wants to really profit, without having to dump a lot of money into the project. Check out http://marshallbrain.com/million1.htm A detailed guide on how to make a million by setting up your own businesses. Another site that I found helpful and interesting: http://www.stevepavlina.com/million-dollar-experiment.htm A motivator, who also runs his own businesses is running a million dollar experiment. Basically he is wishing for the money to come to him, I doubt this will work, but the sight is interesting. I also read about a kid who sold pixals on a blank website as ad space and netted a cool 1 million in just over 4months http://news.yahoo.com/s/nf/20060119/tc_nf/41063
So far there are a couple legal ways to make a million
1. Start your own business and be successful
2. Invest in the stock market wisely and get a high return of about 10% interest on your money
3. Win the lottery
4. Marry rich
5. Win a lawsuit
6. Inherit money
7. Attract a lot of traffic to your website and allow advertisements
all of these ideas are from Marshall Brain's website except for #7
1,3,4,6,7 do not require money to make money
Where to search? The web. Search on www.google.com, www.yahoo.com, etc. Find some worthwhile leads. After about an hour or two I found a bunch of crap and a few worthwhile ideas. Any website that was asking for money I classify in the crap section, because if I had enough money then I could do some savy investing and not need to spend any time on this million dollar mission. I found two good sites that I will recommend to anyone that wants to really profit, without having to dump a lot of money into the project. Check out http://marshallbrain.com/million1.htm A detailed guide on how to make a million by setting up your own businesses. Another site that I found helpful and interesting: http://www.stevepavlina.com/million-dollar-experiment.htm A motivator, who also runs his own businesses is running a million dollar experiment. Basically he is wishing for the money to come to him, I doubt this will work, but the sight is interesting. I also read about a kid who sold pixals on a blank website as ad space and netted a cool 1 million in just over 4months http://news.yahoo.com/s/nf/20060119/tc_nf/41063
So far there are a couple legal ways to make a million
1. Start your own business and be successful
2. Invest in the stock market wisely and get a high return of about 10% interest on your money
3. Win the lottery
4. Marry rich
5. Win a lawsuit
6. Inherit money
7. Attract a lot of traffic to your website and allow advertisements
all of these ideas are from Marshall Brain's website except for #7
1,3,4,6,7 do not require money to make money
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