It’s also not a ‘get rich quick’ scheme. You will have to work I’m afraid! However with the growth of social media, network marketing is becoming easier and lots of people are now making a decent living from it.
If you have a webcam, you’re probably eligible for focus groups that host online research panels. Focus groups vary in size and type, but most of them provide some sort of compensation — a check in the mail, a PayPal deposit or even a gift card.
If you asked people if they would want to make a million dollars legally in one year, you definitely are going to get a resounding yes from everybody. Nevertheless, the challenge that might be encountered in this quest is that it is one thing to want to earn a million US dollars in a year, and it is entirely another kettle of fish to know the process to follow to earn a million US dollars in a year.
If you are wondering why I include My Online Business Empire (MOBE) and My Top Tier Business (MTTB) in the descriptions above, it’s because all these scams are related to each other. I’ll explain in details below.
PineCone Research: Hard to get into this panel since they only open their doors for a limited time throughout the year, but once you get in, every survey you take earns you $3. Most surveys are 15-20 minutes long.
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.
While this is one of the riskier options, it is one that can really pay off. About 25% of millionaires are professionals and the other 75% are entrepreneurs. Starting a business takes hard work and courage, and it’s not for everybody. Read the stories of successful entrepreneurs to see not only the benefits of starting your own business, but also how to create, build, and run one so that it is successful and endures.
That’s why BiggerPockets exists. With over a million forum posts, thousands of blog articles, books, podcasts, and more, you could spend your whole life learning about real estate and never learn it all. And that often becomes a problem! People get stuck in “education mode” and never escape it.
Basically, you’ll have to tell a few investors about your awesome new business plan (see above) that will earn them returns of at least 20% on their equity from Day 1. A 20% return on equity is a lot, especially when the return is largely risk free. So you should have no problem raising that $1 billion of equity.
If babies ain’t your thing, then maybe canines are… looking after other people’s dogs is big business. Just think that as a student you’re likely to have free time during the day when others are out at work and worried about their pets at home.
Since taxes are undoubtedly on your mind, why not help your future tax bill as well as your future self? If you don’t have an individual retirement account, now is a good time to open one, particularly a Roth IRA. You’ll pay income tax upfront when you funnel money into a Roth, but the funds you withdraw in retirement will be tax-free.
If the headline of this article “How To Become a Millionaire” sounds like an infomercial, don’t be deceived. It’s not. The advice on how to become a millionaire is based on proven tactics used by millionaires in the United States who did not inherit their and do not earn millions of dollars a year.
FYI Everyone….Always keep in mind…..any program that says you could make thousands of dollars in such a short time….is a scam. If such a program did exist you wouldn’t be seeing shabby videos about it floating around on the internet. In fact, you wouldn’t be seeing ANY advertising about it because legitimate program opportunities are passed through word of mouth!
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.