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How to Make Your First Million Dollars - Coggle Diagram
How to Make Your First Million Dollars
You have to be ok with Money
Money is a means. If you have the means you can help change the ends.
Service
If this is only for you it will not last. Your family, friends and community have to benefit for you to be motivated and not waist it.
Clear Vision
15 Years
Plan for 15 years. Depending on where you are starting it can be more of less but don't think this happens tomorrow.
How will this benefit your family?
How will this benefit your community?
5 Year Plans
5y,1y,3m,1m,1w,1d
Read: The One Thing
Create a 5 year goal
Break it down
Only Act on Today
Charity
Sharing the wealth cleans the money and keeps your mind and heart healthy
Principles
Investment (Passive Income)
Real Estate
ETFs
Business
Revenue Generation
Get any job!
Revenue Multiplier
Education