Advertising
Advertising

10 Steps To Help You Make Your First Million Dollars

10 Steps To Help You Make Your First Million Dollars

Money may not be everything, but the things it could afford makes certain things so much easier. While it can’t afford true love, kindness, passion and wisdom, certain processes becomes much more efficient. A million dollar today compared to a million dollar ages ago is indeed a lot different in terms of value. At the present, it is more possible to make your first million if you really want it. Especially, there are many ways the world can offer to help you make your first million dollars.

Believe you are capable, and you’ll get there. Here are 10 ways to ensure you will reach that goal:

1. Stop planning, start doing

“If you wait, all that happens is that you get older!” – Mario Andretti

The first step is sometimes the most challenging step. If you want to get ahead, you should know not only where to go but also when you are going to perform your first move. Planning alone won’t make you succeed. Too much preparation won’t get your things done. So start doing and remain focused on the goal you’ve set. For example, if you want to earn more money through your current job, seek to have a promotion within the organization or find a company that will help you increase your salary. It’s always about starting to take upon yourself the beliefs and habits of highly successful people.

2. Define your priorities

It’s not enough to simply become busy, give most of your attention to what matters the most and what is important to you. Make sure these priorities you create will continue to support your goal. For example, you want to own a brand new car. What exact amount do you need to feel accomplished? What are your ways and means to make it? These are the questions you probably need to ask so you can begin constructing your priorities list. Let’s say, less spending on home furniture can give you more saving that can accumulate until you achieve your dream car.

3. Track your gains and losses

Sometimes you need to take a look back and see the big picture to realize what you have and where you are today. Tracking your gains and losses means monitoring your past activities to come up with a conclusion regarding your progress. Based on your conclusion, you can decide what you should do next.

Advertising

4. Make an investment

Invest in something that will accumulate wealth. Invest in assets and avoid too much liabilities. Investment is like watching your plants grow. How much you keep matters more than how much you spend. Make saving a habit. Save while you can.

5. Be patient

No successful person will think he can make tons of money overnight. Many have found themselves in debt because of too much living in the now. While there are many people as well who really get their patience paid off. Patience works to most people. Being patient doesn’t mean waiting while doing nothing. Remember: no aspiring millionaire is a couch potato.

6. Work with what you have and make the most out of it

Instead of thinking about what you lack, focus on what you have and what amazing things you can do with it. Spend your time and energy wisely.

Advertising

7. Expand your knowledge

“True knowledge exists in knowing that you know nothing.” – Socrates

There are several exciting ways to improve your knowledge and perspective about what’s new in your field, it’s endless. It is important so you don’t get stuck to one thing. Have courage to push that goal, you have to keep moving, you have to get deep.

8. Establish routine

Be careful with your actions, you become what you do. Begin each morning with a clear mind and definite plans. Stick faithfully to your routine and finish what you’ve started.

Advertising

9. Adapt and develop

You can only do better once you begin to recognize what you need to improve. Change is the only constant thing. Adapt new ways and new strategies to develop more effective results. The value of money is never stable, it changes over time. You have to keep an eye to those changes.

10. Focus on your goal

Keep a clear and determined mind constantly to avoid distractions that drain your energy and mislead you. Know your target and your purpose of getting there. Remind yourself everyday to attract favorable things.

Featured photo credit: Giuliano Maiolini via flic.kr

Advertising

More by this author

LinkedIn Experts You Must Follow 50 Great People To Follow On LinkedIn, No Matter Your Industry Successful People and their Habits 9 Habits that Accelerate the Efficiency of Successful Entrepreneurs 8 Myths About Starting Business Which Prevent Success Natural Remedies for Anxiety and Depression Anxious Buddies, Relax! Try These 6 Herbal Remedies To Regain Your Peace And Calmness Easy Steps to Make Your First Million 10 Steps To Help You Make Your First Million Dollars

Trending in Money

130 Fun Things You Can Do This Summer Without Spending Much 235 Real Ways to Actually Make Money Online 3How to Make Money with a Blog (According to 23 Successful Bloggers) 4This List of 50 Low-cost Hobbies Will Excite You 530 Fun Things To Do With Your Friends Without Spending Much

Read Next

Advertising
Advertising

Last Updated on August 15, 2018

30 Fun Things You Can Do This Summer Without Spending Much

30 Fun Things You Can Do This Summer Without Spending Much

Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

Video Summary

1. Visit a strawberry festival

Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

2. Have a picnic

Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

3. Camp in your back yard

    The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

    4. Take long walks

    Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

    5. Break a world record

    Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

    Advertising

    6. Go on a bike ride

    The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

    7. Join a gym class

      The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

      8. Find a new hobby

      The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

      9. Join a sports team

      Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

      10. Make a slip ‘n slide

        Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

        11. Make a treasure hunt for your kids

        Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

        Advertising

        12. Visit a free festival

        Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

        13. Visit the zoo

          Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

          14. Take a road trip

          Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

          15. Play ultimate frisbee in the park

            Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

            16. Make your own ice cream

            Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

            17. Invite your neighbors over for a BBQ

            Advertising

              When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

              18. Get a summer job

              For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

              19. Attend a charity event

              Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

              20. Visit a national park

              National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

              21. Visit your local comedy club

                Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                22. Make your own hammock

                  Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

                  Advertising

                  23. Read in your new hammock

                  Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                  24. Watch a movie outside

                  Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                  25. Take a hike

                    Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                    26. Learn how to fly a kite

                    As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                    27. Work out at the park

                    American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                    28. Take your dog to the beach

                      One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                      29. Make a summer smoothie

                      Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                      30. Attend a free yoga session at the beach

                      No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

                      Read Next