Everybody is looking forward in one way or another to become a millionaire. But it gets kinda fun when you achieve that mark by age 30, you can then always have the option of retiring young and rich. It’s not a piece of cake, you need to put hell lot of efforts but what’s the first thing you need to do? You got to start planning early. Planning your work carefully helps you to get tasks done efficiently.
1. Focus on earning.
The first step is to focus on increasing your income in increments and repeating that. Always keep an eye on how much you making and think of the ways to double your earnings.
2. Save to invest, don’t save to save.
The only reason to save money is to invest it. Put your saved money into untouchable accounts. And even in case of an emergency, never use these accounts.
3. Don’t show off – show up.
Be known for your work ethic, not the trinkets that you buy. If you are in business world to flaunt your money, you are going down pretty soon!
4. Be decisive.
Conserve your mental power by making easily reversible decisions as quickly as possible. Don’t waste time deciding what to wear at work or what to have for breakfast, don’t get stuck on things that don’t matter much.
5. Ask for help.
You always have the option of asking others for help. You might have to deal with their weird advices at times but it will push you towards the million-dollar mark. Most people won’t ask for help because their ego is in the way. Don’t be that kind of person.
6. Know when to take risks and act.
You’ll have to take major leaps in your life, sometimes not even knowing where it will lead. However, it will pay off once you get to the brighter side.
7. Master soft skills and cooperate.
In the process of reaching the seven-figure mark you’ll learn that dealing with people is the most important attribute. You are wrong if you think you can become a millionaire having no clue how to deal with people assertively.
8. Go for $10 million, not $1 million.
The single biggest financial mistake people make is not thinking big enough. Think of making more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.
9. Invest in yourself.
The safest investment you can ever make is in your future. Consume knowledge like air and put your pursuit of learning above all else.