Good day, dear readers. My name is , I am a successful entrepreneur involved in the tourism business. Today I will talk about how to earn a million dollars in the conditions of modern Russian realities, without going beyond the legal framework and personal dignity.
As history shows, there are many ways to become a successful and rich person. The overwhelming majority of them are accessible to most people, regardless of where they were born and what social status they initially had. So why are there so few millionaires?
For many, this question will be rhetorical. But in fact, there is an answer to it and it’s damn simple - not all people can become millionaires! Because a successful person, also known as a rich person, must combine 7 qualities, without which it is simply impossible to achieve success.
Absolutely all successful people are as curious as cats and incredibly persistent in their curiosity. They are always eager to learn more! And having learned something new, they begin to ask questions: “What should I do with this?” or “How can I implement this?” At the same time, they always start with distrust and skepticism, disassembling the information received brick by brick to find cause-and-effect relationships. And only after that they begin to act!
Successful people, whether consciously or unconsciously, always believe that they are 100% responsible for their actions and their consequences. For them, there is no such thing as something just happening; for them, everything is always “done” either by them or by those they manage.
This construction of consciousness, from the point of view of psychology, indicates that successful people perceive themselves as a subject - the one who controls, and not an object - the one who is controlled.
Tenacity.
How to make a million without persistence and a bulldog grip? No way! It is impossible to become rich if you retreat at the slightest resistance or failure. You need to cling to your goal and go towards it no matter what!
Self-criticism and the ability to admit your mistakes.
Whatever path to success you choose, you should remember three simple truths:
Mistakes are inevitable - people tend to make mistakes even in simple things.
Mistakes and failures are the price of the most valuable experience.
Admitting your failures and mistakes is a predicate of wisdom!
Ability to attract people.
Successful people are able to impose their thoughts and ideas on other people. They can collect them around themselves, or something specified by them.
Self-discipline and willpower.
No matter how trivial it may sound, you cannot achieve anything if you have weak willpower. This is equally true for small things - getting up at 4:00 to go fishing; and for significant ones - devote 3 hours every day to mastering new information so as not to lose your skill level.
Do you want to know how much willpower you have? Then set yourself a simple task: every day for 2 months, at eight and a half o’clock in the evening, pour water from the tap into a glass and pour it into the toilet.
Do you think it's simple? According to statistics, only 1 person out of 30,000 is able to complete the task without interruptions and errors (deviations) in time.
Sense of humor.
Even if you know how to make a million and follow this path, you will not achieve success if you are unable to perceive troubles and failures with humor. Without this, the process of achieving your goal will become depressing and unbearable.
How to make a million: 6 strategies for future millionaires!
So, let's say you have all the traits of a successful person and decide to make your first million. At the same time, you want to become not a ruble millionaire, but a dollar millionaire! Because in the first case, the task is not very difficult. In order to earn a million rubles in one year, it is enough to get a job with a salary of 150 thousand rubles and save about 84 thousand from this amount. Such salaries are not uncommon in our time.
But what if you need to earn $1,000,000? There are seven answers to this question, or rather seven answers - six time-tested and successful strategies.
Strategy #1. In the footsteps of the pioneers!
The first strategy you can use to become a millionaire is to open your own business producing and/or trading goods. This option is perfect for those who want not only to earn a lot, but also to strive for self-realization and self-development, since entrepreneurial activity requires constant improvement in many aspects:
Professional;
communicative;
analysis and the ability to draw the right conclusions;
ability to predict;
leadership
To be fair, it should be said that owning your own business is, as a rule, a very labor-intensive process that not everyone can handle. In addition, according to statistics, most of the new commercial organizations in Russia leave the market without existing for even two years, which is due to several things, the main of which are:
Low business literacy of the population;
difficult economic conditions;
lack of cheap bank loans and unnecessarily difficult access to government funding;
bureaucracy.
However, if you decide to earn $1,000,000 through classic manufacturing or trading, then you need to decide on the following things:
1) understand what exactly you will do;
2) analyze the market and make a plan on how to earn a million in your chosen field of activity;
3) create a very detailed business plan;
4) calculate how much money will be needed to open your own business, for its promotion and development.
Having done the above, you can begin to implement your planned business plan. In fact, all this is relatively simple, with the exception of choosing the field of activity and forming start-up capital.
The field of activity must be chosen based on personal preferences and professional skills. For example, if you love flowers and know how to trade, you can open one or more intermediary flower shops.
If you don’t want to trade, then you can do flower decoration for special events or simply grow flowers in greenhouses for sale. Another way to make money on flowers is through the selection of new species.
In other words, find what brings you pleasure, and then choose the best way for you to monetize your preferences.
Regarding the difficulties with forming start-up capital, I wrote about this in the article. Read it at your leisure, and you will understand that even now getting money to open your own business is not so difficult.
Strategy No. 2. Network marketing: how to get to the top of the pyramid?
You've probably heard about the next strategy - trading something with a referral profit distribution system. That is, network marketing.
Network marketing is a unique concept for the sale of services and goods, which is based on a multi-level system of independent sales agents (distributors), each of whom has the right not only to sell goods, but also to attract new agents.
Income in such a system is distributed along a pyramidal structure - from bottom to top.
For example, if you sell flowers as part of network marketing, then in addition to the profit from sales, you will also receive a certain percentage of the profit of the network agent you attracted. And the one who attracted you will receive a percentage of your income (revenue from the sale of goods + your income coming from lower-level network agents attracted by you).
This is called a referral income distribution system, where a referral is a network agent, part of whose proceeds goes to the person who attracted him.
Therefore, to earn a million, you need to have as many referrals as possible. This can be achieved very quickly if you follow this sequence of actions:
1. It is necessary to create, by personal example, the image of a successful participant in the referral system!
2. You should advertise yourself and your profits in the system - wherever possible.
3. Complete special training on attracting referrals to understand how it works.
4. Train downline network agents on how to attract new members. If you don’t have the skills, find someone who has them and let him teach you.
In practice, everything looks like this: you are being introduced into the current network marketing structure; start promoting your product through advertising and dating; and after several transactions with the client, you invite him to become a member of the system.
Do this for a long time and within six months you will be able to receive passive income from 1 to 15 thousand dollars, depending on what you trade. Afterwards, you should begin organizing courses for training lower-level agents.
It should be noted that the time required to receive the first million depends 95% on persistence and systematic work to attract new referrals. For some, it may be only 1 year, while for others it will take 10 years.
Strategy No. 3. How much is your knowledge worth?
Do you want to know how to make a million without starting capital or any business experience? Then you should study the newfangled trend of the modern world called “Infobusiness”. This is an activity based on information, or rather trading in it.
The simplest example of such a business is the sale of educational audio cassettes for learning English. In this case, the information is how to speak English correctly, and money is taken for teaching this.
To create your own information business, you must initially understand what you are an expert in and what you can teach other people. Training and expertise can be sold together or separately.
For example, you can sell information about the current state of the pharmaceutical market. Or you can teach for money how to analyze this market yourself. The situation is similar with stock markets. But forecasting the value of assets is more valued there than an expert assessment of the current state of the market.
It is very easy to understand what of your knowledge will be useful to others. To do this, just ask your colleagues, clients and friends what they learned from you.
In order to make money on your knowledge you should:
1) choose a niche in which you will engage in information business: economics, handicrafts, plumbing, alcoholism treatment, etc.;
2) create a website with an appropriate theme;
3) fill the site with interesting and useful content: articles, audio recordings, videos, images, photos;
5) create an email newsletter with news and updates on your site. In parallel with this, create your own information product, dividing it into two parts: the main one - free; and bonus – distributed on a paid basis.
This is the easiest way to build your information business from scratch with minimal investment. But there are other options: holding seminars, publishing books, selling electronic disks, or privately consulting people. Which one is best for selling your expert information is up to you to decide!
Strategy No. 4. Financial markets - they rule the world!
Did you know that over the past 15-20 years, the world economy has been growing solely due to an increase in the financial value of assets, without a significant increase in real production? This is easy to notice if we compare several factors that indirectly reflect the dynamics of quantitative and material indicators of the main economies of the world with the dynamics of world GDP growth.
For example, if you look at the chart for the Baltic Dry Index, you can see that it has fallen significantly since 2010. And this indicates a decrease in the volume of trade turnover of the world economy:
Baltic Dry Index is an index that displays the cost of transported dry cargo (grain, coal, ore, etc.) by ships of the Panamax, Handymax and Capesize classes. The index is calculated daily by the Baltic Exchange.
A similar situation is observed in the dynamics of trade turnover within the United States - a drop of 2.5% in 2015! This is even more noticeable in the indicators of import and export of Chinese goods, where only according to official data, there is a drop of 10-16%. And these are the lows of the last 8 years. The same picture can be seen if you study the indicators of electricity consumption in these countries - they are steadily decreasing.
A similar situation is observed in the TOP 20 world economies, which directly indicates a drop in the level of roll production in the world!
However, if you look at the graph of global GDP growth, it becomes obvious that in terms of financial indicators, the world economy has almost recovered from the crisis of 2007-2009.
What does this indicate? It’s simple – money is leaving the “real” sector for the financial markets.
Therefore, if you don’t know how to make a million, pay attention to trading exchanges, Forex or binary options that are gaining momentum.
Financial markets are a set of financial instruments that make it possible to trade a variety of assets in very large volumes with minimal costs.
Depending on what type of asset is a commodity, financial markets are divided into:
Market of bonds, shares and other securities;
currency market;
futures market;
money market;
precious metals exchanges;
capital market.
The most popular markets in Russia are Forex (currency trading) and the securities exchange. Recently, interest in options has also increased. This is a financial trading instrument in which the commodity (asset) is a contract for the purchase or sale of a specific asset with an exact execution date. The contract price is also specified in advance. Regarding binary options, in the case of them there is no real transaction of buying or selling an asset, but only a prediction of the price for it - whether it will rise or fall.
However, if you want to understand this type of earnings in more detail, I advise you to read my article. It describes all the nuances of how to make a million on binary options in a few years. But I’ll tell you right away – it’s not easy!
To make a profit in the financial markets and binary options in particular, you need to be thoroughly prepared. Understand how a particular market operates and study in advance effective ways to predict the movement of an asset’s value. The latter can take anywhere from a few weeks to 3-5 years, depending on your level of diligence and natural ingenuity. You also need to thoroughly study and apply the rules of money management, which I talked about in the article. However, if you study everything, choose the right strategy and follow it, then the first million dollars on your deposit will quite possibly appear within a few years! Personally, I strive for this and am making excellent progress:
Strategy #5. How to make a million in Runet: 3 roads to wealth!
The Internet is the second most popular segment of the economy after financial markets in terms of investment attractiveness. Therefore, it is also easy to become a dollar millionaire here. Of course, if you know what to do.
Earning money on the Internet can be divided into three categories: services, speculation and advertising.
Internet advertising is probably the easiest way to make money on the World Wide Web. Since even a schoolchild with a 7th grade education is able to make a profit from his VKontakte account, albeit a small one.
But for serious profits, you will need to create an advertising platform that will attract five thousand unique visitors every day. And this is not so simple, because fans of Internet surfing are very picky and are ready to regularly visit only those portals that are professionally made and filled with high-quality, interesting content.
Of course, sometimes there are exceptions if something incredibly unique, exciting or out of the ordinary comes along. But even in such cases, the platform providing this wonderful new content needs to be developed and improved. Because the novelty effect works for the first 2-3 months. And during this time you will not become a millionaire!
Conclusion, if you want to earn a million on the Internet, create an attractive advertising platform and constantly update it.
The second way to make money on the Internet is through mediation in trade. Such businesses can be divided into two groups: small speculation and online stores.
Where can I get money to start my own business? This is exactly the problem that 95% of new entrepreneurs face! In the article, we revealed the most relevant ways to obtain start-up capital for an entrepreneur. We also recommend that you carefully study the results of our experiment in exchange earnings:
In the first case, this is selling something in small quantities through your accounts on social networks, Twitter or a blog, which does not require large investments or a lot of time. It is enough to buy goods once a week and check the Internet from time to time to sell previously purchased goods.
In the second case, you need to create a large business project!
Important! There are no medium-sized businesses in capitalism, only large and small ones. Since any enterprise that goes beyond small retail is obliged to act according to the same rules and principles as big business.
As a rule, an online store is created according to the following scheme:
1) first it is necessary to conduct a market analysis in order to find a free or least competitive niche;
2) then you should study who your buyer is and what his needs are;
3) then select tools (specific names of products) to meet the needs of potential customers;
5) all financial costs are calculated, including marketing costs;
6) the business plan is put into practice.
The last way to make money online is by providing certain services. The essence of this activity is to save your client’s time, money and nerves. Or do something on the Internet that the client cannot or does not want to do on his own.
For example, you can deal with the legal nuances of interaction between people and government agencies (applying for visas, subsidies, doing accounting).
Internet services also include freelancing. This is remote execution of tasks without signing a contract for permanent cooperation. Services there include: copyright, programming, market analysis, photo services, private one-time consultations, etc.
You can also make a lot of money from this. There are many examples of professional copywriters who earn over 300 thousand rubles a month. And if an experienced programmer engages in freelancing, the specified amount can be increased by 5-10 times.
Strategy #6. How to get money without doing anything?
The next strategy that allows you to earn a lot of money in a relatively short time is to create passive income. There are several such sources of funds, but we will consider only the four most accessible and proven options.
Passive income is receiving money from sources that do not require constant active action to fill it and maintain the level of income.
Option number 1. You can earn passive income if you become a distributor of a well-known company and, in parallel with your main job, engage in network marketing. This has already been written about above, so we won’t dwell on it. I’ll just point out that earlier we talked about how to make money exclusively from network marketing. And in this case, we mean additional income without claims to dominance in the “network pyramid.”
Option #2. You can also create an information Internet portal with good traffic and receive 20-50 thousand rubles per month from advertising. This is an excellent option for those who are well versed in computers and Internet marketing.
Option #3. You can also rent out the property you own. This is probably the easiest way to get additional passive income, provided that you own real estate. Otherwise, real estate can be purchased by taking out a loan from a bank. However, this should be done under two conditions:
Firstly, the monthly rent must be greater than the loan payments;
secondly, you should not buy real estate on credit if its cost is more than 120 monthly rent payments.
Option number 4. The last option for creating passive income is investing in assets or commercial structures. This means medium- and long-term investing, since investing money for a short time means making money in the financial markets, as was written about earlier when talking about Forex and.
12 rules of investing from Herbert Casson!
It should be noted that you can borrow money not only to purchase real estate, but also to invest it. Only in this case should you be 95% confident in the profitability and reliability of your investment.
At the same time, your confidence should not be based on “faith” in a bright future. And on the analysis, correctly selected strategy and 12 rules of investment from Herbert Casson, which serve as a “manifesto” for most entrepreneurs in the “Western” world.
Rule #1. Investments should only be made in what you understand!
You should not have any illusions and think that everyone wants to help you and therefore advises you to invest money in an asset unknown to you. Everyone has their own selfish goals and, as a rule, they run counter to yours.
Rule #2. Don't invest under pressure!
If you feel like you are being persuaded or pressured, take a break, get some privacy and think carefully about everything.
Rule #3. Money should be made from real things, not from plans!
Only very rich people, banks and states can afford to spend money, investing them in the words and intentions of people. An ordinary investor must be very careful, so he is obliged to invest only in reliable assets.
Rule #4. Invest in what you can sell!
At the same time, remember that the cost of something is determined by demand, and not by media popularity or uniqueness.
Rule #5. There is a profit - take it!
Do not forget that the purpose of investing is to generate income. Many novice investors forget about this. And after receiving the first profit, they invest it again and again until they lose all the money.
Rule #6. Listen to the advice of bankers or economists.
Finance is an incredibly large ball of tangled and intertwined threads that only someone who has been doing it all their life can understand.
Rule #7. You need to invest when prices fall and sell when they rise.
This is a general rule of capitalism that allows you to make money rather than lose it.
Rule #8. Money must work!
Want to know how to make a million? Then fill in the simple truth - only capital movement generates profit.
Rule #9. If you take out a loan, then all the funds received must be invested in the business!
You shouldn’t put it off and create a “safety cushion” from part of the money borrowed. If you borrowed money, use it for its intended purpose.
Rule #10. Credit funds are needed for development, not banal boasting.
Many investors cannot distinguish one from the other. Money should be invested in what generates profit, not in what brings fame or improves status.
Rule #11. Investors don't lend!
If you give money, it should be for the sake of making a profit, and not empty gratitude.
Rule #12. By investing in an asset, you are betting on an industry, not an individual business.
You shouldn't invest in the best company in the worst industry.
I would like to note that on our website we decided to conduct an experiment with investing by investing $5,200 in some assets through the intermediary ShareInStock. The results of our little project are displayed in .
Professions that bring in millions!
The above shows how to earn a million in the near future. But, in my opinion, this will not be enough. It is also necessary to mention who you should study to earn a lot in the future.
Let me just point out from the very beginning: the professions that I will point out are in demand in developed economies. In addition, you may think that they cannot be studied in Russia. However, I would not advise focusing on the domestic education market, since there are countries that are ready to educate several thousand students from the CIS annually for free (Switzerland, Canada, Italy or the UK).
ENGINEER.
Oddly enough, representatives of this profession are becoming rare nowadays, if you do not take into account countries such as China and India. In the EU and the USA, an ordinary engineer receives from 5 thousand dollars a month, an experienced one from 8 thousand, and a professional in his field from 15 thousand dollars.
GENETIC CONSULTANT.
Representatives of this profession receive from 3 thousand dollars even in the CIS. What can we say about the EU, USA and Canada.
MEDICAL EQUIPMENT SPECIALIST.
He is also an engineer, but specializing in medical equipment. They are divided into 2 groups:
Specialists who work in clinics with a monthly income of 7 thousand dollars ;
employees of medical device manufacturers. Their salary starts from 20 thousand dollars.
AUDIOLOGIST.
This is a healthcare professional who specializes in hearing problems. Experienced specialists in this specialty earn about 600 thousand dollars a year.
STYLIST/COSMETOLOGIST.
These are people with a wide range of activities and therefore the range of their income levels is very impressive: from 1 thousand dollars per month to several million per year.
INVESTMENT BANKER/BROKER.
Many people believe that the economic crisis destroyed this profession, but in reality it only removed most of the non-professionals from the market. While professional traders still earn fabulous money.
ELECTED OFFICERS.
Even here, such civil servants are paid a lot of money. And this is understandable - the higher an official’s salary, the less likely he is to become corrupt.
SYSTEMS ANALYST.
These are people involved in automation and optimization of business processes. Sometimes they are also called crisis managers. The income of such specialists sometimes reaches several million dollars per contract.
SURGEON.
I think it’s quite natural that people who save lives should earn a lot.
We could also mention several professions such as actors, writers, artists, singers and TV presenters. They, theoretically, could also be the answer to the question of how to make a million dollars. However, success in these professions depends 99% on luck, so you shouldn’t bet on them.
How to make a million: 10 absurd ideas that brought fabulous wealth!
Do you want to know how “budding” millionaires make money? Just don’t tell anyone, but anything can bring big money. If in doubt, look at examples of several absurd business ideas that brought fabulous wealth to their owners.
Idea No. 1. Do you think it is possible to make money from revenge? It turned out that yes! This is proven by the “Revenge Stores” operating in St. Petersburg. Their essence is this; a client comes to them with an idea or concept of an “act of revenge,” and the store employees embody it, if necessary, beautifully design “this action” and complement it with original ideas. Of course, everything is within the framework of current legislation.
Idea No. 2. One day, an American 15-year-old boy decided that he had a brilliant idea. The essence of which is to record your “farts” and make a plugin for browsers from this sound. A kind of button, pressing which leads to a “fart”. The guy turned his idea into reality and now he earns tens of thousands monthly by selling the “fart” button.
Idea No. 3. Have you ever wondered if there are ineffective and unnecessary advertising? As practice shows, it does not exist! This is evidenced by the Milliondollar website, where the creator of the portal provided 1,000,000 pixels for advertising at a cost of 1 dollar per piece. One could say that no one needs this. But all the pixels were bought, and 21-year-old Alex Tew became another millionaire.
Idea No. 4. In 2001, Byron Reese decided it would be nice if parents could find out what their children wanted for Christmas. And it’s even better if you can make money from it! After some thought, our hero decided to open a North Pole mailbox in the state of Alaska, in the name of Santa Claus. And he suggested that parents send letters from their children to Santa at his “Pole”, after which they will return back, but as Santa’s answer. Such mediation costs only $10 per letter.
Idea No. 5. There is a perfume company in Ukraine that makes money from “pleasant gases.” It makes candy that the company says improves the flavor of "farts." They cost only $3.25 per bottle. The range includes fragrances from Sensation, Calvin Klein, Clara and many others. Including scents of lavender, hay and pine forest.
Idea No. 6. A travel agency for our pets - I think that says it all. Although no, it is also worth mentioning the British company Chien Bleu, which invented this service and made it a reality.
Idea No. 7. Notarization of predictions. This service is provided by a notary office in St. Paul (USA). Whether this is good or bad is unknown. But it is known that the business serving “Nostradamus” brings in a lot of money.
Idea No. 8. The clergy of the Cistercian Abbey named after the Holy Virgin Mary decided to follow the spirit of the times and created their website LaserMonks for this purpose, where they offer their users services for the consecration of cartridges and disks. Financial reports say that since 2005, people have paid over $2.5 million to save their devices from corruption. Hallelujah!
Idea No. 9. In the West, many places sell the product Emergency Underpants, which in Russian will sound like “rescue” or “spare” disposable underpants. They are packaged and sold in the same way as disposable napkins are packaged and sold. According to the creators of this product, disposable panties are in constant demand and have brought them a lot of money.
Idea No. 10. One of our compatriots decided that it would be nice to say goodbye to some things with “pomp!” And now anyone can part with their favorite but cracked mug to the applause of a dozen spectators and explosions of fireworks.
Let's say you made your first million. So, what is next? Most likely, you will lose it, spend it or go bankrupt - this is what statistics and the experience of most entrepreneurs say.
However, this can be avoided if you heed the advice of those who have earned more than one million dollars and managed to save their fortune.
Tip #1. There are only three things whose value does not decrease over time: gold, precious stones and US bonds.
Tip #2. Don't trust women! Their understanding of the words “profitable” and “save” in most cases is identical to the word “want”.
Tip #3. If you earned one million in production, invest half in development and you will get three million.
Tip #4. Stock markets are good for making profits, but they are not good for storing money.
Tip #5. If you don’t know what to invest money in, invest in yourself!
Tip #6. Peace and tranquility is the slow depreciation of capital. Money loves movement!
Tip #7. There are no permanent partners in business, there are only permanent business interests.
Tip #8. Spend your money wisely! Don't buy fame or status - invest in resources and financial instruments.
Tip #9. Forget about the interests of those business partners who care about your interests.
Tip #10. If you lost your first million, what’s stopping you from earning another one or two?
In conclusion!
To summarize, I’ll note an important detail: there are no exact instructions that would spell out exactly how to make a million, but there are proven tools in the form of concepts and strategies. Their correct use will allow you to achieve commercial success in the shortest possible time. Follow them and you will definitely get rich!
How to earn a million dollars from scratch - 10 tips for beginners + 15 options for making money + 5 non-standard ideas.
Those who want to learn several effective ways can find advice in this article, choose the best options for themselves and start taking action.
What does it take to make a million dollars?
Where to begin?
How to earn a million dollars from scratch and become a rich person?
How are rich people different from poor people?
First of all, positive thinking and the ability to earn money.
There are only two differences, but it’s so difficult to learn to be in a good mood all the time when you have nothing to pay for a loan and nothing to buy a coat for the winter.
To break out of the cycle of poverty, you will have to try.
Gather all your will into a fist and start acting.
To earn big money, one or several million dollars, you need to throw all your energy into searching for highly profitable active and passive income.
Working for your uncle six days a week won't make you a million.
And you won’t earn it either by sitting at home and receiving income from renting out an apartment.
By combining one with the other, giving your all, you can achieve significant results.
What to do right now:
- Think about passive income options.
- Change your job if you don’t like it or don’t pay well.
- Find your hobby and time for it.
- Make a wish list.
- Create a calendar for the money that will be deposited into your account, which will turn into your first million dollars.
How to make a million dollars from scratch: 15 ideas
To receive large amounts of money, you need to move in two directions: towards creating active and passive income.
Ideas for active income:
Construction firm.
Making money by renovating new houses, apartments and offices is a highly profitable job.
Production of animal feed.
Starting a business may require investment, but the business quickly pays for itself. Food for cats, dogs and parrots is quickly consumed by consumers.
To get started, just rent a small office and purchase several tour packages.
Legal or notary office.
When opening an office, you should choose the direction of activity: land law, civil or criminal.
Making soap and scented candles.
You can make money from them by selling them in the VK group or renting them to cosmetic stores.
Opening your own grocery or pharmacy outlet.
Owning your own business brings in a lot of income if you plan your business correctly.
To get customers to come to your store, you need to provide good advertising and a convenient location.
Growing vegetables and fruits in greenhouses.
With large volumes of planted fruits and vegetables, a million dollars can be earned for selling 2-3 harvests.
Opening of a private kindergarten.
There can be up to 8 people in a group.
You can earn money by accepting only one person - 15,000 rubles.
To start an activity, you will need to obtain the appropriate license, but the result is worth it.
Opening a beauty salon - hairdresser or nail salon.
In recent years, the beauty industry has developed widely.
Women strive to look better and more well-groomed.
Online store of clothing or cosmetics.
When ordering goods in bulk and setting a retail price, you can make good money on the difference between prices.
There are a lot of active income options.
Each person should choose a business they like and put all their strength into it.
However, earning a million dollars without passive income is almost impossible.
Ideas for passive income:
Deposit account in a bank.
A significant amount does not start flowing into the account immediately, but 5-7 years after opening the account, but the prospects are very good, and the money in the account is better preserved.
Website on the Internet.
Having spent just a few months developing and promoting a website, you can receive about 15,000 per month from just one address. What if there are 5-10 such addresses?
Create an intellectual product and patent it.
The device must be new and useful.
Earnings are made up of percentages from the sale of goods.
Earnings from a one-room apartment in a small town are 12,000 rubles.
In cities such as Moscow and St. Petersburg, the price for a one-room apartment exceeds 20,000.
The Rich Man's Mindset: How to Make a Million Dollars from Scratch
A rich man loves his job.
He gets up in the morning with great pleasure and goes to do things.
In the morning, they don’t turn off the alarm clock, setting it to five minutes later, but get up immediately.
What do you need to do to develop the habit of thinking like a successful person?
In any free time - riding in an elevator or bus, climbing stairs, brewing morning coffee, think about your plans and earnings.
Set goals and priorities for each of them.
By when do you want to earn a million dollars?
In six months, a year?
Every person has failures and failures in life.
A person with a millionaire mindset will learn a lesson and move on.
The biggest mistake is to give too much attention to problems and think about them every minute of your life.
To have something you've never had before, you have to do something you've never done before.
Discover new paths for yourself.
Work on your appearance.
This is really important.
You will feel better about yourself, and others will see you as a successful, collected person who takes care of himself.
To do this, you need to look expensive yourself.
To become a millionaire, you need to imagine yourself as one more often.
Imagine how you spend money, how you have conversations, what places you visit.
Bring your desired life closer with the help of thoughts.
Many people tend to underestimate the power of thoughts, but one cannot help but agree with the belief that “If you cannot imagine yourself being a millionaire, you cannot become one.”
How to make a million dollars from scratch: 5 exercises for future millionaires
People who are thinking about the question: How to make a million dollars from scratch, can bring themselves closer to success by performing simple exercises daily before or after work.Exercises to achieve financial success:
- Put 20 percent of your monthly income into a savings account.
Make it your main goal to earn $1,000,000.
Every day on your calendar, mark how close your savings are to this amount.
If you have no money, put at least 10 rubles in your piggy bank and mark it on your calendar.
The amount should grow every day.
Analyze your financial sphere of life.
Compare income and expenses, compare them with profit.
Make a shopping list every day and stick to it.
Don't allow yourself to buy too much.
Find passive income.
Come up with several options for such income and choose the one that suits you best.
The following video shows examples of successful startups that have brought millions to their owners:
5 unconventional ideas for making a million dollars from scratch
Some people do not want to devote all their time to the office.
They love to travel, be creative, write books and music.
You can earn a million dollars from scratch with a creative approach to your goal.
Here are a few non-standard ideas for making money from scratch:
- Create a new social network, which will attract a large number of users.
- Draw sketches of clothes, bright and original, and sell them to a fashion house.
Write a song and music and send it to the production center.
An application may be accepted if you have been involved in musical creativity for many years and studied at a special school.
Wear T-shirts with company logos, drink juices and take pictures with them, and products from “health food markets” may also be included in the frame.
The Internet offers vacancies for travelers.
Money is paid to inspect hotels and service industries.
One condition is to have a foreign passport.
The main answer to the question: How to make a million dollars from scratch It sounds like this - stock up on desire and patience.
Do everything that depends on you, believe in success, and it will definitely come.
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Ekaterina Bochkareva
It took me 15 months to make my first million.
Forget it. In fact, everything was not like that.
It took six years. I had to earn half a million, then lose it completely (and not only that). I found myself on the streets twice and suffered from “self-dissatisfaction bordering on suicide” every summer.
Forget it. In fact, this was not the case either.
It took me 29 years to earn my $1,000,000. Whole life.
As much as I wish I could give you step by step instructions on how to make your first million dollars. I can't. I have no doubt that there are enough greedy/unscrupulous people willing to take your money in exchange for a plan on “How to make $1,000,000.” Besides, my path to a million will obviously not be to your liking.
It turned out to be quite difficult.
How to make $1,000,000: The hardcore way
Step #1 Try everything
If you are like me and absolutely do not know how to make decisions, then this method will not work. Try something different and let the results decide for you.
Even if you shell out money for market research, it won't tell you anything important. In order to make effective business decisions, you need to be guided by reliable data. You can buy them (for a thousand or two dollars) or do extensive research yourself. By acting.
The latter is much more effective ( and cheaper).
« Will this headline attract users to my sales page??»
Send traffic to it and find out.
« Will the book I write sell well?»
Publish, release to market and see.
« Will this blog post attract my dream clients? Will anyone read it??»
Check and find out.
I started a chocolate candy company, a pay-for-performance SEO firm, a reputation risk management agency, an information marketing company, a T-shirt business, a full-scale online advertising agency, a health blog, a copywriting agency, and created seven fictional literary novels. pseudonyms and one non-fictional one.
From all of the above, nothing worked except for three projects ( I'm going to throw them away too).
I wrote 36 books, hired and fired 47 people, made and lost and made a fortune again, and so on twice. I've collected and then cut, collected again, and cut staff at the same company at least five times in the past year.
I don't wait until I make up my mind. I just do it.
If I have an idea for a book, I don't think about writing it, I write it.
If you are still reading this article, then you have ideas wandering around in your head that need to be implemented. We need to check everything in action. Receive reliable data. Stop entertaining the idea that you can predict the future. You can not. Instead, try every possible option.
Step #2. Stop whining and start working for people
Then stop writing books for yourself, start writing books for your audience.
Your bank account directly reflects the value you bring to people in the market. Both in general terms and at the level of each person individually. But it's not that easy...
I hate writing. As a child, I promised myself that I would never, under any circumstances, work while sitting at a desk. Today I spend 12-14 hours a day sitting in a windowless room and typing in front of a monitor screen. However, it is through my writing that I bring benefit to people. It is unlikely that I have reached such heights in writing that they would pay me for it.
But... Serving people is not easy. For the most part, they are all ungrateful, negative curmudgeons. They constantly demand more. You will have to work for hours to keep them happy. You won't always enjoy it. Sometimes you have to work for an idea. Go through this stage. I passed.
If you think that only artists are creating something for an audience, and not for themselves, out of desperation... then don’t complain that no one buys your product ( something is wrong with your ideas about art)
Find a way to serve people that suits you. Don't whine, do it. You will have to wait a long time until you get paid.
You can look for yourself in different areas. I looked. It turned out that I couldn’t make money by building business connections. I hate cold calling; I hate calling clients when they are offline. I can't sleep well if I have to sell information about a product.
Maybe you'll do well. The point is to find something you can do to help people and do it to the best of your ability. Even if it's hard.
Step #3. Set yourself the bar
Do not give up. Never. Choose one thing and don’t quit until you complete it.
This is my second post on Medium. The first one received zero views. I will write on Medium until I get 1,000,000 views. Guided by the principle not “if I don’t get it”, but the principle “ Bye will not get".
How long will it take?
Who knows.
What if this doesn't happen?
What if it happens? Reaching the milestone of a million views is one victory. The true goal is mastery.
Even if I can’t do it now, I will succeed in the future. That's the idea.
True story: $1,000,000 alone is nothing.
First, the state will attack you and take away half of your money. Your accountants, lawyers, and financial managers will also get a share of what they earn. Do you have a loan? Pay off all debts immediately, otherwise they will eat up a large part of your budget in the future.
Let's say you're lucky and have $400 thousand left of the million. It doesn't work out very well.
I'm 29. I can't quit my job with 400 thousand dollars in my pocket. I still have to work tirelessly. A million dollars did not buy me the long-awaited freedom. If I want to buy a second home, $400,000 won't get you very far, especially in Portland. Especially with children.
Depressing...if you only care about money, I don't. A million dollars is just a number. A tangible way to measure success.
It doesn't matter if you end up making $1,000,000. That's not the point. When you set the bar for yourself, two scenarios emerge:
A. You achieve the targets that you have set for yourself. Achieve your goal and get additional benefits.
B. You die without ever reaching the milestone. The goal is not achieved, but you receive an incentive bonus in the form of additional bonuses.
There is an alternative to this:
You're giving up too early. If you don't achieve your goal, you miss out on the long list of additional bonuses that were waiting for you along the way.
What else remains? Play video games?
This is the most important step. Take everything you just read out of your head and form your strategy. You have to do this if you want a million dollars.
There is no unique recipe, instructions “How to make a million,” or maps of hidden treasures. One hundred people who read this article will try to earn it, and perhaps one of them will succeed. Maybe. But few people will be able to retain this wealth.
The tired saying that “the main thing is not victory, but participation” actually works.
Take a risk and earn $1,000,000. You have the right to do this. Just be prepared for the fact that many pleasant things will happen to you on your way to a million.
Instructions
Become the president of a large company. Really large – both by Russian and foreign standards. To do this, you don’t have to create it yourself. It is enough to get an education at one of the best universities in the world and earn a reputation at the top level. Depending on your skill level, you will be offered to head the boards of directors of large corporations and holdings. And with the success of your enterprise, success will not be far off.
Become a professional international athlete. The salaries of sports stars have long exceeded the monthly mark of one million dollars. For example, Schumacher agreed to join the Ferrari team for a fee of $50 million a year. Beckham signed a contract worth $250 million over 5 years.
If you have acting or directing skills, make a career in Hollywood. The fees of famous Hollywood actors and directors for filming a single film amount to tens of millions.
You can regularly earn a million a month on the Internet. You don’t have to look far for an example - the social networks Odnoklassniki and VKontakte bring their creators income of approximately the same level. And the idea is simple - they just created a Russian-language analogue of Facebook, a network popular abroad.
The fastest and most obvious way to easily get a million dollars in a month is seen by many as winning the lottery or. Meanwhile, the average client earns millions of “green” dollars every month. And for this he doesn’t even have to cheat. It is obvious that by creating your own casino or organizing your own lottery, it is quite possible to grow your business to such heights.
Create your own business and grow it to at least the level of the largest in the region. According to many large entrepreneurs, this is not as difficult as it seems. If business ideas don't come to your mind, pay attention to the USA, Japan and Europe. Many new ideas, almost unknown to us, began to be implemented in these countries. Over time, they will come to Russia. And whoever brings them to our country first will be able to quickly build a large business capable of generating profits of more than $1,000,000 per month.
Video on the topic
note
The answer to the question of how to earn a million in a month in dollar terms is simple: this can be done by famous actors, top-level professional athletes, as well as wealthy rentiers with solid accounts in Western banks. Accordingly, today’s topic - how to earn a million in a month - is almost the same if we talk about dollars, and a 30 times simplified task if we talk about rubles.
Helpful advice
And not just a beauty salon - but a mobile beauty salon, that is, one that can be ordered directly to your home. This is how you can get a million for your hobby. The full name of this wonderful enterprise is as follows: “Hollywood Mobile Animal Care Service.” When you post an article, don’t write: “How to make a million,” “big money in a month,” and other nonsense; as a rule, such advertisements are ignored (it looks like a scam).
Welcome readers of the online magazine “RichPro.ru”! Today we’ll talk about how you can earn a million (1,000,000) rubles or even dollars in a month or a year and what options are possible for this.
After studying the article from beginning to end, you will also learn:
- Is it possible to earn a million from scratch in Russia;
- What ways will help you earn your first million;
- Where can you earn $1,000,000?
In this publication you will find real stories and examples, as well as advice for those who decided to make a million without investment .
Studying the article is useful for everyone who has not yet made a million and does not yet know how to do it. Don't forget the saying "time is money". So don't lose it and start reading right now.
About how to earn a million in a month or a year and who earns $1,000,000 - in our new issue
(million) rubles or dollars for 1 day, week, month, year?
Many people dream of earning a million rubles or dollars in a short time . However, not everyone understands whether this is real.
In fact, it is quite possible to earn that amount. However, for this there must be already existing options - running business, expensive real estate, high-paying job or even just communications .
Also, those who have unique talent or famous name . This concerns For example, famous football players, actors, singers.
Naturally, not everyone has these advantages. However, even in their absence, you shouldn’t despair: it’s quite possible to earn a million. You just have to keep in mind that you will have to spend more time and effort on this. But all your efforts will definitely pay off many times over.
If you are not one of those who are afraid of difficulties, start working. Simple calculations allow you to understand that earning about 100,000 rubles per month, you can already get a million in 10 months. And this is quite real.
Of course, you can earn huge money much faster. However, we we do not recommend use fraudulent schemes or engage in crime. Therefore, in our article we will only talk about honest and reliable methods. They will definitely help you earn a million, even in about a year.
TOP 8 options on how you can earn your first million
2. Where and how to earn your first million from scratch in Russia - 8 possible options
Actually make money billion and it is almost impossible for an ordinary person in Russia not to deny themselves anything. This requires serious initial capital, as well as connections. The situation with earnings is different million or even several.
First of all In order to achieve financial well-being, you will have to change - reconsider your own habits, beliefs, and attitude.
When some work has been done on yourself, the desire to earn your first million will inevitably appear. Naturally, at this moment the question will arise how to do this. To earn a million, you will have to learn not only to reason, but also to actively act. Below are TOP 8 options for earning 1,000,000 in Russia .
Option 1. Hired work
Among those looking for ways to make a million from scratch, the idea of working for hire is usually not popular. However, the wages of experienced specialists in megacities are often significantly higher than the profits of an entrepreneur in the provinces.
Of course, finding a well-paid paid job is not easy. A number of conditions will need to be met.
To earn a decent income, you must:
- become a highly educated specialist who is in demand on the labor market;
- carefully build a career, choosing the most promising and highly paid ones from a large number of offers.
Today, not only management personnel can boast of the highest salaries, but also specialists in the field programming , accounting department , lawyers , dentists , realtors real estate sales.
Provided they have certain experience, a serious attitude towards work, and employment in a large company, they can earn several million a year.
Option 2. Own business
In search of a way to make a million, many people pay attention to the opportunity to start their own business. Financial experts confirm that this is one of the few options that can bring hundreds of percent per year from the funds invested in the business.
It should be remembered that it is unlikely that you will be able to make money from scratch this way. In any case, you will have to invest money in creating your own business.
Of course, there are areas that allow you to start a business with minimal investment. Moreover, a new entrepreneur can count on free financial support from the state. However, in order to obtain it, you will have to develop and submit a high-quality one for consideration by the commission.
When choosing the direction of your own business, experts recommend first of all paying attention to mini business ideas . They allow you to get started with minimal investment at home. The only thing you need to do is evaluate your knowledge and skills.
Almost everyone has the resources necessary to run the following types of business:
- cosmetic and major repairs of residential and commercial premises;
- provision of small household services in the field of electrical and plumbing;
- equipment repair;
- services of a private driving instructor;
- making custom cakes;
- cleaning services;
- tutoring;
- consulting services.
Method 5. Earn money at home
Even those who live in small towns and do not have initial capital can earn a million. To do this, it is enough to organize your own home business.
Professionals advise start your own business in an area with which you are familiar. The greatest success is achieved by former employees who have managed to gain serious experience in their professional field.
It is also important to ensure that the chosen area of activity is in demand. Today the greatest success can be achieved lawyers, teachers, pastry chefs, photographers.
The choice of options for creating your own business is significantly expanding for those who have free space for this. Many successful businessmen started their business in a garage.
The following types of companies can be opened in the garage:
- car service;
- furniture workshop;
- production of building materials, paving stones, paints and other products;
- dry cleaning or laundry;
- for cleaning feather pillows;
- growing mushrooms and herbs;
- production of breakfast cereals, herbal teas.
If you choose a business that you like and is in demand among residents of nearby areas, it will be quite possible to earn a million. Of course, this will require some effort.
Method 6. Investments
Many who have free money are thinking about how to make money with it. Most often, the decision is made to put capital in the bank on. However, the profitability of this option leaves much to be desired.
In fact, there are many ways to invest money that allow you to make good money in a fairly short time.
It should be understood that a higher ⇑ level of return is associated with a higher ⇑ level of risk of loss of invested funds. Therefore, when investing, it is important to choose the optimal ratio of these two indicators for yourself.
The table presents the most popular investment instruments in order of increasing risk and profitability.
Table: “Profitability and risk levels of various investment instruments.”
| Investment instrument | Risk level | Profitability |
| Bank deposit | Minimum | Low |
| Precious metals | Low | Low |
| Bonds | Low | Average |
| Stock | Average | Can be quite high |
| Currency | Elevated | High |
| Private lending | Very tall | Maximum |
An important principle of this income generation option is that the investor must have a good understanding of the chosen financial instrument. In this case, you will be able to earn a million or even more quickly.
Beginners who lack the necessary knowledge may lose part or all of their invested capital. However, there is an opportunity that can significantly reduce⇓ risks - transfer money to trust management professionals. In this case, the owner of the funds only needs to find an experienced manager who can wisely invest the funds with maximum profit.
Method 7. Earn money from freelancing
This income option is very popular all over the world. In Russia, they are still treating him very warily. Meanwhile, he allows you to earn a million by offering your services to those in need. However, it should be borne in mind that serious experience and knowledge in a certain area will be required.
Among the advantages of freelancing are:
- there is no need to waste time on the road to the workplace;
- the ability to independently plan your working day;
- absence of demanding superiors, the freelancer decides for himself when and what to do.
However, despite serious advantages, this option also has tangible flaws . First of all, they are associated with instability of earnings. There is no guarantee that orders will arrive evenly throughout the month; you may be left without income for an indefinite period of time.
It is precisely due to instability that experts recommend first using freelancing as a source additional income. Only when you have built up a large client base can you quit your job and devote yourself entirely to what you love.
Method 8. Own website
Not everyone knows, but it allows you to quickly make a million creating your own websites . This kind of work requires the ability to create resources, select and write high-quality content, and promote a finished website. If such skills are not available, funds will be required to pay for the services of specialists.
You don't have to have a lot of experience to start making money this way. Beginners can create websites using free templates and purchase inexpensive texts on exchanges to fill them out. Of course, such a resource cannot be sold at a high price, but you can practice basic skills and learn a lot from it.
Real examples of how successful people in various fields earned millions of dollars
4. Real stories and examples of earning a million dollars 💰
We have already told you what methods you can use to earn a million. But the article would be incomplete without examples of real millionaires. Below we talk about people who managed to make money in various fields.
1) Millionaires in manufacturing
To make a million dollars $ Today in the field of production, it is necessary to create a truly unique product. At the same time he Not only must be special, but also in great demand. Below are the stories of three businessmen who succeeded.
👨💼 Dmitry Yurchenko
Today, it is quite rare for businessmen to rely on social projects. All the more interesting is the story of Dmitry Yurchenko, who managed to make money by creating the so-called life buttons .
The essence of the idea is quite simple: Pensioners can send an alarm signal to the call center by pressing just one button. After his admission, an ambulance team is immediately sent to the elderly person. Surely, the world would be a better place if more businessmen developed such projects.
👨💼 Nick Base
Nick Bays managed to get rich thanks to the invention of a seemingly elementary thing - lids for glasses . They change color according to the temperature of the contents of the glass.
When demand for his invention arose, Nick did not stop there. The businessman decided to sell space on the surface of the lids for advertising. This brought him considerable additional profit.
👨💼 Jason Wall
Jason Wall's story is also very unusual. At one time, he began to produce basic goods - caps for car antennas .
Despite the simplicity of its products, Jason Wall's company managed to 2 earn over a million dollars in a year.
2) Millionaires in the trading sector
This concludes our issue.
We wish all readers and visitors of the online magazine “site” to find a truly profitable way to earn money. If you have not yet managed to earn your million, may you be able to do so in the near future!
If you have any questions, comments or additions on this topic, write them in the comments below. Don't forget to also share this material with your friends on social networks. See you again!