How To Make A Million Dollars
HowStuffWorks wrote a great article on how to make a million dollars. It’s a collection of posts that look at what it really takes to make the mill, or create financial freedom for yourself.
Most interesting, for me, was the reference to a Business.com article called Upping the Odds of Startup Success. Here they debunk the ‘myth’ that 9 out of 10 businesses fail in the US; which is a stat that is widely quoted and possibly counts for many ventures never being pursued.
Data from the U.S. Census Bureau’s Business Tracking Series show about 65 percent of new businesses still operating after four years. And a recent study estimates that only 10 percent of the nation’s 5.5 million small businesses (not counting solo operators) close each year.
Couple that with HowStuffWorks’ simple run down of investing and pursuing goals and you’ll start thinking to yourself: Why aren’t I doing this?
How To Make A Million Dollars – [HowStuffWorks]
Upping the Odds of Startup Success – [Business.com]
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Comments
BeanCounting says on June 18th, 2007 at 5:51 am
Will you be posting a follow up when you get a million dollars?
Craig Childs says on June 18th, 2007 at 10:03 am
You will be the first to know.
Linz says on June 18th, 2007 at 2:11 pm
This article makes me think of Million Dollar Wiki
Tom says on July 17th, 2007 at 8:48 am
Not a surprise – how stuff works owner and founder made millions on this project.
Tom says on July 20th, 2007 at 8:11 am
My idea of making a million dollars is slightly different from what I have seen until now. Correct me if I am wrong, but I haven’t seen a blog that would be worth 1.000.000 bucks. So here is my aim. There is a pretty nice service available out there to evaluate the possible price of domain name – http://www.dnscoop.com; My target is to have the value of my web blog which is by the way at http://www.how-to-make-million-dollars.com increased till 1.000.000 $ until 2008-07-07; I started the blog on 2007-07-07 – hence, that gives me the whole year of article writing, promoting… you name it… to have the value of the domain name be exactly 1.000.000$ (or more)
moneycometh says on March 5th, 2009 at 6:36 pm
This is a relieving thing to heir. I heard these same statistics about how 9 out of 10 businesses start-ups survive after so many years, myself.
I read the two links you recommended that we read. I have done a lot of research on saving money and starting up businesses, myself. Thank you for the additional information.
Also, I like the million dollar check you have on your post up above. I am hoping for one, myself.