It depends on how much you are willing to sacrifice to get there. Most millionaires are, in fact, small business owners. They built their businesses through hard work, paid themselves very little and maximized cash flow that they reinvested for growth (and more cash flow). Most of their assets are tied up in their businesses, which they then used to buy real estate and build a stock portfolio (read: stock, not mutual fund).
Do you have any money set aside now? If you are ready to start your own (non-mlm, non-franchise) business, remember that cash flow is everything and maximize every penny you can while minimizing expenses.
If you are building a reserve over time (4+ years) to eventually start a company, start small by buying pieces of companies (stocks). Not just any stock, but great businesses with great cash flows (these are generally best poised to grow over a company with, say, good earnings but no cash flow).
If you are totally lost on the meaning or importance of cash flow, do a search for:
"Cash Flow"
"Free Cash Flow"
"The Importance of Cash Flow"
For the most part, highly successful business owners and millionaires will tend to agree with me. Most financial advisers will disagree.
2007-01-27 02:55:40
·
answer #1
·
answered by JoePonzio 2
·
1⤊
0⤋
The wealthy place on earth Is the USA. yet only 6% of the population are millionaires. Now that means people with1 million or more. Not the ones with mega millions. that's less than 1%. You already have a lot of good answers but mine is just a little bit different. So here it is. SAVE YOUR MONEY. Making money is the easiest thing in the world to do. Saving it requires discipline and patience. If you start saving money on a regular basis at the age of 18 and only save until you are 40 Yrs of age. it is possible to exceed 6 million dollars at the age of 65. Start Saving As soon as you can. It does not matter how much you make. It matters how much you save. Good luck.
2007-01-27 07:14:16
·
answer #2
·
answered by Smax 2
·
0⤊
0⤋
This works!!! read on…
I recently joined AGLOCO because of a friend recommended it to me. I am now promoting it to you because I like the idea and I want you to share in what I think will be an exciting new Internet concept.
AGLOCO’s story is simple:
Do you realize how valuable you are? Advertisers, search providers and online retailers are paying billions to reach you while you surf. How much of that money are you making? NONE!
AGLOCO thinks you deserve a piece of the action.
AGLOCO collects money from those companies on behalf of its members. (For example, Google currently pays AOL 10 cents for every Google search by an AOL user. And Google still has enough profit to pay $1.6 billion dollars for YouTube, an 18-month old site full of content that YouTube’s users did not get paid for!
AGLOCO will work to get its Members their share of this and more.
AGLOCO is building a new form of online community that they call an Economic Network. They are not only paying Members their fair share, but they’re building a community that will generate the kind of fortune that YouTube. But instead of that wealth making only a few people rich, the entire community will get its share.
What’s the catch? No catch – no spyware, no pop-ups and no spam – membership and software are free and AGLOCO is 100% member owned. Privacy is a core value and AGLOCO never sells or rents member information.
So if you are interested in becoming a part of the next big thing you could sign up for free in about 30 seconds and make money like you’ve never imagined before ho http://www.agloco.com/r/BBBR3185
Thanks
2007-01-28 11:55:46
·
answer #3
·
answered by Tim 1
·
0⤊
0⤋
first thing you have to learn about making lots of money is that there is no easy method.
you need to find something that you are passionate about, work wise and the money will come to you.
money only comes easy when you do work that you love, that way it won't seem like you're working hard at something you hate trying to make a dollar.
find your passion. work at it and the money will roll in real easy.
2007-01-27 02:00:51
·
answer #4
·
answered by Debt Free! 5
·
0⤊
0⤋
I don't think there are any easy methods but, you could read and learn how to at http://www.mycreditadvise.com
2007-01-27 02:00:36
·
answer #5
·
answered by Anonymous
·
0⤊
1⤋
use this site if you need some money....
http://www.*************/index.php?ref=138685
but, give it some time before you actually make money...do all of the easy offers first and if you have a CC work your way up...for any other info check out the forums on that site...
2007-01-27 02:30:12
·
answer #6
·
answered by Anonymous
·
0⤊
2⤋
Simply BUY things that make you more money.
Poor people BUY & do things that cost them more money, rich people buy & do things that will ultimately make more.
Very simple !!
2007-01-27 05:29:34
·
answer #7
·
answered by Kitty 6
·
0⤊
0⤋
hey man check this site
2007-01-27 08:19:54
·
answer #8
·
answered by slipstar_182 2
·
0⤊
0⤋
here is the once in a lifetime my friend dont let it go
http://www.globalpensionplan.net/?id=claudio01
2007-01-28 11:50:11
·
answer #9
·
answered by Anonymous
·
0⤊
0⤋
check this site out:
http://www.agloco.com/r/BBBR5629
This will help you out a lot!!!!
2007-01-29 07:16:49
·
answer #10
·
answered by Anonymous
·
0⤊
0⤋