You want to be a millionaire by age 25? That is crazy, but possible. I am guessing that you are still a small kid with big dreams. Some people might look down on you. That’s okay because I had been there. So let’s prove them wrong, shall we? Here within my post, I will guide you on how to see a potential Millionaire in yourself. And because of that, you want to read this until the very end.
The Reasons to be A Millionaire by Age 25
We are living in the more visual world, thus it is no doubt that your fantasy has gone wild. Most people do dream to become rich fast. Unfortunately, only a few work hard toward their goals and succeed eventually. Believe me or not, I aimed big too, but fail often. Soon I discover a formula to become wealthy which you will witness it soon.
Before jumping to the formula, what sort of reasons you want be millionaire at the very young age? A quick respond for you might be as follow:
- You want to enjoy more fulfilling life without having to work for a boss.
- You want a fancy car, house, ship, or latest gadgets.
- Get drunk and party all night after age 25? Ehm..Probably.
Whatever you want. ONE THING I know. You have already acquired the first move to become millionaires. It is called a DREAM. Every successful person has this fantasy! And of course, the bigger your dream is, the more motivated you will be.
Want to Make One Million Dollars?
Yes, we are talking about $1,000,000. Now depending on your age right now, the result will vary. You can get to this goal faster or slower. But my suggestion is, the faster the better. Let’s do a simple math here. Don’t freak out. It doesn’t involve Algebra. For the sake of this example, we will assume that you are twenty years old at the moment.
I have done a mind map for you. This is what your intention to become successful. There are some secrets to it. I will explain more details, but take a look at the map first:
You might get confused. That’s fine! I will discuss more on each step.
Your Goals at Age 20 – 21
To be honest, this one year period is the toughest thing to do. You are not going to work or anything related to a profession. Both of us know that working will never lead you anywhere to $1 M. It is just impossible. So what you must do instead, is to learn as much as possible from the experience people! This is perhaps the easiest way to understand your future.
There are entrepreneurs who have succeeded and own millions if not multi-million dollars companies. LEARN FROM THEM! With the power of internet, it is ridiculously easy to access free content from experts in any field. Go find them on Google and learn. When I said learn, it means study and apply.
Age 21 – 22
After the first year of learning a lot from successful people, you will have a solid foundation of becoming a millionaire. You should understand how the world system works and how money flows. When you grasp this tightly, it is time to build your own system that produces cash flow.
Trust me, going from $0 – $100 is harder than $100K – $1M. That’s the truth of your initial framework. This strategy of having a running system is also called Franchising. At this level, you must at least see some money coming into your business.
Age 22 – 23
The first two years are the hardest part. Now we have come to age 22 going for 23. During this period, you should be able to aim from $100 – $10,000. Don’t worry, it is easier once your system has been properly set up. The next thing you want to do, is to improve your system! Taking the knowledge from year 1, you can easily come up with powerful ideas and scale your business to the next level.
Age 23 – 24
Okay. You have gotten at least $10,000 in your pocket. Next would be outsourcing your work. Hire people to create multiple businesses for you. From the skills you have earned previously, things are going to be predictable.
Train people you trust and pay them for the work you want them to do. But be careful with your investment though, make sure the outcome will be profitable not a loss.
Once you have multiple businesses set up fast, going to attain $100,000 a year in revenue is possible before you hit age 24.
Age 24 – 25
Again, learn from those who are successful. Take their secret sauce and inject it into your business. Now at this point, your businesses are producing passive income for you without working on it. But how do we hit 7 figures? Simple (not easy)! Just make sure you have at least 5 businesses that are generating $17,000 a month each. Monitor them and see what kind of strategy can improve your overall earnings!
Let’s do the math again. $17,000 x 5 businesses = $85,000 a month = $1,020,000 a year. This is a running business which will grow each year. If you are talking to make just $1M one-time, the process will be much more easier than this. However, how can you achieve it without a running system? Oh, there is one. Buy a lottery ticket and pray. 🙂
Make Money with Online Business
There we go. I hope you can get an overview as to how you can be a millionaire at age 25. It will eventually boil down to your desire and effort. But if you are serious, I would advice going for online business since there is no big capital involve.
With the power of internet, you can promote anything online and earn money with a quite simple process. Anyway, there is one platform that will teach about having a profitable business. I had reviewed this as my #1 Recommendation platform. You can check it out on the next page. But before that, please share this information and comment for your thoughts. I’d love to hear from you.