Here’s a half-assed, half-a-million-dollar idea for you. Somewhere, in Joel Comm’s sordid mind, out squeaked the iFart, the whoopee cushion for the iPhone. What’s even crazier? He thought people would pay for the app. iFart retails for $.99. And, the absolutely insane part about this all? Joel Comm was right.
Even though it is often stressed that counting to precisely a million would be an exceedingly tedious task due to the time and concentration required, there are many ways to bring the number “down to size” in approximate quantities, ignoring irregularities or packing effects.
The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.
You probably have much more stuff than you realize. According to The National Association of Homebuilders, the average house size in 1973 was 1,644 square feet. That grew to 2,624 square feet in 2014. Clean the dust, sort out your storage closet, and put up a garage sale.
There are core professionals who earn far more than a million US dollars annually from a good paying job. A good paying job could be in the oil and gas industry, the banking and finance industry, the chemical industry, the aviation industry and the maritime / shipping industry et al. Thus, if you are looking for a practical way to earn a million US dollars in one year from the scratch, then one of your options is to secure a good paying job. Please note that you must have the required qualifications and corresponding job experience before you can earn it big as a career person.
A few weeks ago I wrote a post about how this was the year you had to quit your job. I gave the reasons why. It wasn’t a gung-ho “you have to be an entrepreneur” article. It was more: https://youtu.be/knlhNoFr-GY shit is happening in the corporate world and bit by bit you’re going to feel the urge to quit.
Guest posts often bring with it relationships. Secondly, you’ll probably get more direct traffic from a good guest post than 10 web 2.0 properties. Thirdly, SEO is not about the quality of links. Fourthly, don’t do one or the other. Diversify!
When talking to Stone, I got to know more about his background and what’s even more fascinating is that he went to school and is a mechanical engineer by trade who started an engineering firm called Treadstone Performance Engineering that still exists today. Starting an engineering firm is pretty different than being an online marketer or influencer.
For entrepreneurs, one good idea can provide an extraordinary amount of hope. Even though the chances of success are minimal, these ideas give people something to aspire to greater than a boring cubicle and a nagging boss. Not to mention, these ideas make some people obscenely loaded.
Amazon describes its Mechanical Turk service as a “marketplace for work.” When you sign up as a worker, you can then choose which tasks to complete. Those tasks might involve translating text from one language into another, rating search results, determining if a website is suitable for an audience, correcting spelling, or pulling usable information from images. In general, the tasks don’t pay a lot, but they also don’t usually take much time.
Siebold has failed with businesses over the years but has learned more from those failures than he has from his successes. Failure, he says, makes you analyze what you did wrong. Worrying about failure, however, holds people back from taking a chance and being successful. We shouldn’t be our own worst enemies – look at the rich; they’ve brainwashed themselves with positive belief so they’re not as afraid to take the chances and risk.
* If you’ve been paying attention, you will note that the only potentially tricky step in this process is the “raise $1 billion of equity.” Where, exactly, are you going to get $1 billion of equity? Well, you will have to do some selling there.