10 Tips to become Millionaire
Many of us dream about becoming the next Bill Gates or Elon Musk; however, accomplishing that level of success is not easy.But it’s not impossible either.
- 1 #. Invest in yourself
Invest in yourself is one of the best return on investments you can have.
#. Here are the 5 ways to invest in yourself
1: Invest in your future.
2: Read books and blogs
3: Never stop learning
4: Become boss of your money
5: create multiple income streams
2 #. Invest in stocks
Investing in stocks can be an efficient way to build wealth over time
What are stocks
A stock is a general term used to describe the ownership certificates of any company
Stocks are an investment in a company and that companies profits
Stocks are one of the best ways to build wealth
3 #. Upgrade your skills and knowledge
Upgrading your skills will open the door to new career opportunities that you may not have been able to consider before
Best ways to keep your skills and knowledge upgraded
*. Make use of online resources
*. Invest in continuing education and certification
*. Learn from others
*. Ask questions
*. Take professional development courses
4 #. Start a blog to earn 1000 per day
Setup a WordPress blog based on your interests,create valuable content,drive relevant traffic,and start monetising using ads,affiliate marketing etc.
Blogging have become more accessible more and more people are learning how to blog and make a living blogging.
They are part of a rising profession
5 #. Earn money by placing sponsored content on your blog
Sponsored blog posts can be a great way to make money on your blog
Sponsored posts are articles that a blogger is paid to publish on their own sites by brands,businesses related to that site’s topic
Sponsored posts can be written by either the blogger or by the sponsoring brand itself
The best way to find sponsors for your blog is by being proactive
6 #. YouTube Earning
YouTube’s main source of revenue is advertising
If you have a YouTube channel even with just few thousand views, you have the potential to start making money
In order to earn revenue on a video,you need to first post videos on your YouTube channel
7 #. Earn with Adsense
*. You make your ad spaces available
*. The highest paying ads appear on your site
*. You get paid you make your ad spaces available by pasting ad code on your site ,and choose where you want the ads to appear.Advertisers bid to show in your ad spaces in a real-time auction
It’s hard to say exactly how much you’ll earn with Adsense until you try it for yourself
8 #. Start an online business
*. Validate your idea with market research
*. Develop your products or services
*. Set up your business finances
*. Find vendors and suppliers
*. Build your website
Some of online business ideas;
*. SEO consultant
*. Small business consultant
*. Social media consultant
*. Niche market e-commerce retailer
*. Web designer or web developer
*. Blogger
9 #. Increase your streams of income
You can increase your income through investing in company stocks,bonds,and various types of stock market funds with the goal of having your investments grow over time and in turn earning you portfolio income
Some ideas are;
*. Invest in real estate
*. Create an online course
*. Create a product
*. Start a passion project
*. Offer a service or sell something
10 #. Live below your means and lay off the credit
Living below your means is when you spend less than what you make. In other words ,you have money left over at the end of the month, you’re not living paycheque to paycheque.
Tips to help you live below your means ;
*. Create a budget
*. Track your spending
*. Reduce meaningless spending
*. Save from the start
*. Pickup a second form of income
Entrepreneur 