Millionaire in just 3 Ways..

 

 

Get smart

People do not become billionaires by accident. Demystify as many of the variables as you can before you assemble a plan, such as interest rates, tax brackets, dividends and so on. Take a class online or at a university on finance, read books about investing and know the rules.

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Start saving

It takes money to make money, as the saying goes. Take a certain amount of money out of your paycheck as soon as you get paid and put it in a savings account, to be used for future investments or to simply collect interest.

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Make a five-year plan

Calculate a conservative estimate of how much money you could manage to save over 5 years. Depending on the amount, decide what the best use of your money should be, whether it's investing, starting a business or simply allowing the money to continue to collect interest

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Source:

http://www.blogger.com/blogger.g?blogID=2225680499375579314#editor/target=post;postID=7103337421530737047

 

A Millionaires Secret

Invent

Inventing is a tough road to take, but if you've got the smarts to successfully create,patent, produce and market a product that people need.Successful inventions aren't necessarily complicated or high-tech items

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Innovate

Innovation is the fine art of considering a current mainstream market and finding a creative way to improve the current offering. Successful innovators will identify the real needs behind customer demands, and will meet them with a smarter, better, more efficient product, or with a service that provides more than its competitors, or with a business that works in a way just different enough to stand out from the rest.

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Think You Know It All

The moment you think you have nothing left to learn is the moment you kill your potential for becoming a millionaire. Especially if you're interested in building your wealth through inventing or innovating, you have to be curious, open-minded and always learning

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Invest

Warren Buffett, the self-made millionaire, is famous for his frugal ways and for his smart investments. Investing, of course, requires a little seed money and some accurate insight into what investments are smart and what are a waste of money   

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Make Flashy Investments

The latest and greatest is always fun to talk about, and one of the pitfalls of would-be millionaire is to jump in on the "next big thing" which doesn't always turn out to be so big. Investors who make billions from their investments avoid flashy, fun and high-risk picks and instead choose those with long-term potential to provide great returns

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Be an Entrepreneur

The third option for becoming a millionaire is in the time-honored tradition of entrepreneurial pursuits. Starting a business and taking it to success isn't always easy, but for those with good business sense and the ability to spot start-ups that have potential to be great, entrepreneurship can be the vehicle to great wealth. millionaire entrepreneurs might work in one of two ways: either by coming up with a great idea and taking it all the way, as in the case of Bill Gates and Microsoft. Or by spotting someone else's good idea and investing in it early on, helping to carry it to huge success

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Quit Too Soon

Entrepreneurial types who succeed must realize that success rarely comes overnight. One business idea might not pay off, but the next might. Or your company might hit a low point, and you have to make the choice to hang on with it and bring it back or let your dream die and your debt increase. It's not easy to build something from scratch, especially when your something is a fortune of billions. Time is on your side, if you don't rush it

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Source:

http://www.investopedia.com/financial-edge/0311/7-real-life-ways-to-become-a-billionaire.aspx