How can I become a millionaire before age 30?
Of-course apart from winning the lottery, and definitely not inheriting from family coz we have no millio0njaire in our family. Hope to get some creative ideas that can work
The only way I have ever heard of this is either through means of inventing and getting patents or by investing in stocks. If you're good at making things and have a good degree of creative thinking I would go with trying to invent something useful. If you have a friend or you yourself are knowledgable with stocks and numbers then that is also a very valid route. It is very risky though...I have heard of people investing great deals money in a company then the company does great for some time, but they hang on to their shares believing that they will continue to rise and then the stock plummets and they lose everything. It's very complicated and risky so I would advise researching as much as possible before attempting this. Another longshot is making it in any sort of media. Musicians, writers, and actors are a dime a dozen so the industry is pretty rough today, but hey it has to be someone who makes it. Why not you?
I hope this helped! God bless!
Do something you enjoy and become an expert at it and look for multiple business opportunities within that interest...it's always worth a try!?
I think the best way for you to meet your goal is to get a mentor- someone who has done exactly what you are trying to do. That way they can give you tips on how they became a millionaire and help you lay out a step by step plan. It seems that most extremely successful people have someone gently guiding them toward their goals.
It is really difficult, but go ahead, plan and apply all your knowledge and double work work hard for that.. just be patient and do not surrender
Learn how to get your money working for you. You don't need much to start due to the power of compound returns. Learn how to create leveraged income, and use your countries tax laws to your benefit. Don't spend money on depreciating assets like new cars, etc. Live simple. Learn how to offer people value in whatever you do, do it with passion, do it better than anybody else. Do this well from an early age and you will be a millionaire by 30, probably many times over. I did not understand this until I was 30, by 37.......I made it!
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