Thursday, 26 February 2015

How to Become A Millionaire



     Many people aspire to become a millionaire, but not so many people are pushing themselves hard enough to reach that particular goal. In a world where being a billionaire is now the new target for the rich, becoming a millionaire is a real possibility for many an average , and it mostly comes down to good management, sensible thinking and occasional calculated risks.

     We all have a chance to become a millionaire. God loves us and gives most people at least one chance to become a millionaire. Most people can’t catch this chance because they prefer to join complaining. Only a few of people can catch this chance because they prefer to eliminate complaining. Bill Gates got his chance when everyone was complaining very difficult to use computer. Mark Zuckerberg got his chance when everyone was complaining very difficult to find old friends. 

What does it take to get that rich? Are millionaires completely different from us? There are three secrets of the becoming a millionaire that most of successful rich people said had helped them get to where they are:

The first secret of becoming a millionaire is that they are never afraid to fail. Most of rich people told  that at one point they had had a choice to either stick to an easy, secure route or take a calculated risk. To reach the truly heights of wealth, some risk is needed. If you look for security in a job or are scared to try something different, you won’t get far in the pursuit of true wealth.

Even when they had failed–and every single one of them had at least once–the truly rich said they had used those experiences to learn from their mistakes and get back in the saddle. They had avoided the real failure of letting a bad experience destroy their optimism and their passion.

The second secret of becoming a millionaire is that they look creatively at problems to find new revenue sources. They looked at problems from different angles and liked to go against the grain. They recognized that everyone else believing or doing something didn't make it right. But being a contrarian for the sake of being contrary was no solution either. They knew they always had to think critically when analyzing any problems.

The third secret of becoming a millionaire is that they marry well. It doesn’t mean they find a rich heir or heiress to wed, though that might not hurt. Rather, most of the truly rich, especially the self-made ones, told that having a good spouse had been critical to their success. Starting a company or running a conglomerate takes a lot of sacrifices. The stress can be a killer. Having a good spouse to support you and, most important, believe in you as you struggle to the top is critical.

Many of the rich had been through long patches of poverty. They rented rather than bought their homes or took out triple mortgages to get cash flow for their start-ups. Some spent years working out of the garages or working double jobs to pursue their passions. Some made it big but then lost it all before bouncing back again. Make sure you find someone who believes in you and is willing to accept the hardship it takes to get to the top. 


Becoming a millionaire won't happen simply by sitting there and praying for money or entering the lottery every week. It also won't happen by simply reading how to make it happen. After learning what tools to use and what mindset to adopt, the rest of the real effort is up to you. You actually have to do something to achieve this goal. As you try to become a millionaire, don’t forget your family and health.


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