Top 9 ways to become a millionaire
Top 9 ways to become a millionaire 1. Stock market What better option for people with financial knowledge? However, high returns in stock ma...
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Top 9 ways to become a millionaire
1. Stock market
What better option for people with financial knowledge? However, high returns in stock markets involve high risks. Stocks have the ability to make you millionaire overnight, or bankrupt too.
So play safe & in limits. Your knowledge about market plays a very important role to make big money in stock market trading.
Even if you have lots of knowledge, there are some basic rules of stock market you need to follow. In order to make (not lose) big money in share market, stay updated regularly through finance blogs or news channels like CNBC, Bloomberg etc.
2. Make Viral YouTube videos
Watching videos has become a growing trend on Internet. If you have some unique and viral content and want to share with people, upload them on YouTube. You can earn minimum $1 per 1000 views.
Sometime even one simple video can make you earn thousands of dollars like Charlie Bit My Finger or Dhinchak Pooja. If you create a channel and create quality videos regularly then there are great chances of becoming rich.
If your channel becomes famous you can earn millions by joining YouTube Partner Program.
You can find some of the YouTube video ideas here and check some of these top YouTube earners who makes millions of dollars monthly.
Here are top YouTube millionaires:
Related posts: 10 tips to get 2 million views per month on your YouTube channel
3. Gambling
There are many legal ways of gambling & betting you can use to become rich. You can find number of online gambling sites, casinos or you can even buy lottery tickets.
But there is an equal chance of losing your money. If you can afford to take this risk then this is also one of the best way to make money.
4. Invent something & earn royalties through Patents
You can even think of inventing something and earn royalty by patenting your product. If anyone wants to use your patent product, he/she will pay you what’s known as a licensing fee. This can become a lucrative business as you can make millions in profit.
Bayer sells cancer drug Nexavar and earns millions per month through its patent drug.
5. Lottery
This is one of the simple and easiest methods to earn money with little investment. One can play online lottery to earn money in his free time and quickly become rich. Online sites like Playwin, Lotto lottery are quite popular to play online lottery.
6. Work hard towards your passion
Every person in this world comes with some passion. Don’t let this waste. Work hard towards your passion that when there is a discussion on that topic, people will know your name.
There are thousands of such examples.
You have the passion for photography, you can become a top photographer; you have passion in studies, you can do your best in education; you have passion in sports, you can become a top sportsperson; you have the passion in music, you can excel in music world & so on.
7. Bring a new idea
There is no second opinion in the philosophy: “An idea can change your life”. Here I am not talking about the idea to make money but an idea to solve some problems in your life.
Some of the ideas that made people super rich –
- Larry Page & Sergey Brin created Google
- Mark Zuckerberg created Facebook
- Shai Wininge created Fiverr
- Lalit modi brought the idea of IPL
- Ekta Kapoor redefined TV industry
- Jan Koum Founded Whatsapp
You can also think of small ideas that are new in your city, state or country. Some of the ideas that you can work on:
- Toys on rent business
- Healthy breakfast service
- Food Truck
- Virtual assistant services
- Cost cutting services
- Social media profile management
- Your own new idea….
8. MLM (Network Marketing)
Believe me, this is one of the easiest & quickest way to get rich. Not one, but I have literally seen hundreds of people made millions of dollars though network marketing. No education, no qualification & low investment needed to get big success in MLM.
So what exactly you need to start making money from network marketing.
- A best MLM company & plan – Check top 10 network marketing companies
- High motivation & stubbornness
- Leadership skills – check top 10 strategies of successful MLM leader
If you want to increases the speed of success, you can promote your MLM company through Internet.
9. Internet Marketing
This is one of my favorite ways to become rich. If people ask me only one & the best way to become rich then I recommend Internet marketing only. Millions of people around the world have become rich through Internet marketing over the last 15 years.
There is no better time than this for a smart & hard worker to use Internet marketing to get rich quickly. There are number of ways provided below-
i) Make Money Online Program
ii) Sell your own product
This is another method, I will recommend to get rich fast. Either, you can create your own website to sell your products or become a seller on sites like Amazon, eBay etc. & sell your product.
iii) Blogging & Affiliate Marketing
Blogging is one of the highly recommended ways to become rich. You just create a blog, write your experiences, opinions, ideas etc. and share with the world.
Then promote it through digital marketing techniques, get the traffic and make huge money. You can earn either by placing AdSense ads or promoting affiliate programs in your blog.
