So how do do you make a million?
For most people this is a fairly large goal and requires a mountain of effort (and no this is not a step-by-step guide on how you make a million) but rather a way of changing the way you think of a million…
Like all large goals, You break this number down into something that seems a bit more tangible and “bite sized”,
1,000,000 per year (whether it be GBP, USD or any other kind of currency you are aiming for?) can be broken down into much smaller amounts.
So lets look at breaking this down into a daily amount. 1 million per year is approx 2740 per day.
2740 per day is a much more easier to comprehend.
Now if your goal is to make 1 million per year, You now have to work out how you get to 2740 each day rather than how I make 1 million in a year. This should (at least it did for me) make the whole thing much more achievable.
Some people obviously do not want to make a millions (it is dam hard work, and not every one reaches it) some people want the lifestyle of a business rather than money but if you struggle with setting yourself goals and targets hopefully you can see a way of breaking ti down into bite sized goals makes it easier to work out how to tackle it.
How to make a million fast
I am sure we all have a friend who makes a lot of money (or friends).
And it seems like they did it fast as anything (some people are lucky and can make it fast) but for those lucky people who do make a million, it takes time, and lots of it.
As humans, we tend to look at some one now and we do not see or think about what they have done to get to that point. And also how many people may have failed and never even made it to that point.
If you have your eyes set on making a million (or 2740 per day!) then make sure you set realistic time frames and answer all the questions you should be asking yourself –
- Can I do this on my own
- Will I need to outsource
- What is the vehicle I will use
- What skills do I need to learn
- What capital do I need to start
- Do all the figures and projections make sense
- Is it a viable business model
- What are my strengths and weaknesses
- Will the niche I choose have stability and longevity
There are so many things you should think about when starting a business 1 million very rarely comes fast, and normally with a lot of luck!