Creating Software as a Service (SASS) and charging people to use it can be a good money earner. Charge your customers a one-off fee to access the tool you have created, or a monthly recurring payment. A useful and popular SASS can expect a high return, so if you have the programming skills for such a task it may be well worth your while.
“It’s easier to get rich at 50, even 60 or 70, it is to get rich at 30,” Siebold says. “There’s no question of that in my mind. Older people have the life experience that a kid just doesn’t have. Maybe [younger people] know more about technology, but we lived longer and know the ups and downs of life. In creating a fortune or financial independence, there are going to be ups and downs. Older people have a great, great advantage to get wealthier way faster. And it’s so ripe for the taking.”
After providing your email address, you will be redirected to the homepage of MTTB at mttbsystem.com. Note that MTTB is just part of a larger program called My Online Business Empire (MOBE). MOBE / MTTB has been around for a few years, and they have generated an awful lot of negative feedback due to the ridiculous up-sells.
Earn money, spend less than you earn, save, invest, repeat the process. Embrace the Millionaire Mindset. After that it’s just a matter of time. Even if it takes years or decades, the process really is that simple. Of course, it may not seem as easy as I laid it out here, but it really is. Remember, this is not an overnight get rich quick scheme. It takes time, planning, and a little luck along the way.
Some of them then also spent more, and those types don’t typically become millionaires. The ones who become millionaires make a commitment to save more as they earn more. People who fall in this category might be: doctors, engineers, attorneys, accountants, architects, information technology experts, computer programmers, administrators, and corporate executives.
If you spend an hour doing something you do not want to do you do not have ULTIMATE FINANCIAL FREEDOM. ULTIMATE FINANCIAL FREEDOM is what you want to achieve. Anything less is a form of financial slavery. Anybody who ever said money can’t buy happiness never had any. READ MORE…
There are some who say it’s best t put content on your own site, so you can have a website of your own with lots of content in the long run. But again, if you don’t want to deal with building and maintaining a website, working with revenue sharing sites is a great option.
@BrandonTurner This is just absolutely mind-blowing! My favourite saying is “millions have read Rich Dad Poor Dad, but only a few have taken action and only a handful have become millionaires. Thanks for the post sir!
Building your own audience puts you in a great position to monetize in a variety of ways. But you’ll only be able to take full advantage of the opportunities you have if you understand the makeup of your audience.
When I was at a conference in Vegas, a friend of mine had a complimentary suite. I asked if we could plan something in his suite, and I invited another friend, a mind-reading sword swallower, to join us and bring his swords.
In a similar way “diligence” is a vital component of the trip. For every smart young man or woman that comes ready to ‘take on the world’ a whole lot get sidetracked in ways that make it rather unlikely they’ll ever accumulate the wealth of others. Sometimes the diversions are obvious — “sex, drugs and rock n roll” have been the downfall of many folks that experience a bit of early success. Other times the detours are simply what others consider a “traditional path” — working for somebody else instead of striking out on your own, joining a practice that gives you lots of free time instead of one that gives the opportunity to maximize experience / exposure / responsibility, being more of an “improver / maintainer” vs innovator / disruptor.
Here’s a script you could use to ask an authority figure to be your mentor. In our case we will use our millionaire mentor Dan “The Man” Lok as an example. Only use this script after you have established a relationship with your mentor and you have done all the steps above.
Great post! I simplified your ideas for my 12YO on the way to school this morning. He already talks a lot about going to college & what kind of job he’s going to have when he’s an adult. I’m making it my life’s work to show him that collecting a paycheck is just the most common option–not the only one! Thank you for inspiring a really good conversation today about what being a millionaire can actually look like. 🙂
What, exactly, does it take to become a millionaire? If you’re like me, you may envision Scrooge McDuck swimming the backstroke across a sea of gold coins, the spoils of a charmed life. The reality, however, is that most millionaires have built their wealth through scrappy perseverance and a diverse portfolio.
So if your self-imposed deadline for achieving $1 million (or any financial goal) is tight, instead of banking on optimistic returns, you’re better off trying to boost your savings as much as possible. Then invest in a balanced mix of 50% stocks and 50% bonds that can be expected to beat inflation by a modest two or three percentage points a year.
These internet business opportunities should give you plenty of ideas for making money online in 2018. Keep that momentum going. Take what you’ve learned, start testing your own ventures, build on small wins to create a viable business, then start driving massive amounts of website traffic.
Even people who live in modest homes, drive used cars and go camping on their vacations can undermine their thriftiness by committing money missteps. Overspending on children, for example, can be a big temptation, and it’s particularly strong when it’s time to send your kids to college. If you reduce or eliminate contributions to your savings plans to pay for college, you’ll be hard-pressed to make up for those lost years of compounding. A better strategy: