2007-09-14 05:20:49 · 11 answers · asked by Anonymous in Entertainment & Music ➔ Movies
Finding some item that no one makes but everyone needs (or enjoys having) and then producing it.
2007-09-14 05:25:32 · answer #1 · answered by Jess 7 · 0⤊ 0⤋
In simplest terms: Business investments. That can mean stock market investments, investing money into starting your own business, real estate, investing money into the creation and distribution of your own product (be it a book, music,, household item, computer program, anything at all), etc...
People make the most money by selling something that everyone else wants. There's billions of people in the world - if one in a thousand buy your product at a dollar each then you're a millionaire.
Trouble is if you invest a bunch of money into something and it goes nowhere - you're out the money and someone else has just made a bunch of money off of you. That's the gamble so you best be sure your investing in as sure a thing as possible and you don't 'put all your eggs in one basket' so to speak.
2007-09-14 12:31:46 · answer #2 · answered by Jeremy R 2 · 0⤊ 0⤋
From what I have seen, small businesses that are successful are what make millionaires. Next would be real estate. And a few do it by saving and investing as much as they can in stocks over a very long period of time.
2007-09-14 12:27:11 · answer #3 · answered by Nikolas M 5 · 0⤊ 0⤋
the two most effective means are real estate and money market/mutual fund investments. once you get rolling with either, the capital accumulates and with a few good moves you can be a millionaire down the road.
2007-09-14 12:29:49 · answer #4 · answered by Super G 5 · 0⤊ 0⤋
They are very thrifty spenders watching every penny and using every tactic to save money this is why they a millionaires
2007-09-14 12:27:48 · answer #5 · answered by grandmaofthree 2 · 0⤊ 0⤋
Real Estate
2007-09-14 12:54:46 · answer #6 · answered by sassssy 5 · 0⤊ 0⤋
In my opinion, I believe that sports athletes are payed WAYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCHHHHHHHHHHHHHH for playing for like 10 years, rather than most people who work for 50 years. On the other hand, most millionaires make their $ by investing.
2007-09-16 00:54:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Investing in real estate.
Inventing a product that becomes very popular.
2007-09-14 12:36:01 · answer #8 · answered by ontheroadagainwithoutyou 6 · 0⤊ 0⤋
Extortion, land, pimping.
2007-09-14 12:35:45 · answer #9 · answered by Anonymous · 0⤊ 0⤋
sole proprietors
2007-09-14 12:49:54 · answer #10 · answered by intimadatein 3 · 0⤊ 0⤋