Earning one (1) million is something we all want of course. But although we all want it, not everyone is able to achieve this.
How can you earn a million euros? Or is it possible to make a million at all?
Absolutely!
On this article I will explain to you the method that millionaires have used to become millionaires; I also call it the Millionaires Method.
Why earn a million euros?
Before we discuss the Millionaires Method, it is important to know why you want to make a million euros.
What's so special about a million euros?
The idea that many people get from becoming a millionaire as a whole is the ultimate freedom. However, you don't have to be a millionaire for this.
Suppose you earn 10,000 euros a month passively, is that not more than enough to experience the ultimate freedom?
You earn enough money to buy almost anything you want, and you have a lot of freedom.
You certainly do not need to have a million euros in your bank account to feel like a millionaire. As long as enough money comes in (passively) every month.
How can you earn a million euros?
Earning a million euros sounds more difficult than it is.
Suppose you earn 10,000 euros every month, then you have a million after 100 months. 100 months is 8.3 years, so after eight years and a quarter you can already be a millionaire if you earn 10,000 euros every month.
But how do you get the 10,000 euros per month?
10,000 euros per month is 322 euros per day. That already sounds a lot easier to realize, right?
Absolutely.
I am 25 years old and currently earn around 15,000 euros a month thanks to the internet.
The power of compound interest
So I earn my money on the internet. I started making so much money because I started to earn more and more money.
This may sound a bit strange, but I'll explain it to you.
When I started business, I started with a single site. After three months I started to earn about 500 euros per month with that site. That is about 6000, - euros per year, with one website.
In the meantime I made a new site. After about two months, I also started earning 500 euros a month with that site. Together that is already 1000, - euros per month, and 12,000 euros per year.
Because I was constantly building new websites, and with these sites started to earn more money, my income increased and I was able to buy other sites that already bring in money (assets).
For 2000, - euro you can buy a site that does 200, - euro per month. If you start improving this site, you can already earn back after six months.
You can earn passive income with all of these sites.
Anyone can become a millionaire
I am convinced that anyone can become a millionaire , and anyone can make a million.
You just have to step out of your comfort zone and realize that it is possible. If you stay in your 9 to 5 life, and keep doing the same thing all the time, you're not going to be a millionaire - either you have to win the lottery or get a big legacy.
Bet money as an asset. Buy assets (houses, websites, real estate) that continuously earn you money, and buy more of them every time.
If you can make two euros out of every dollar you spend, making your first million is easy.
Develop your own method
The trick of getting rich is very simple, but unfortunately few people get it.
Aim to keep more money every month if you spend it.
Stop subscriptions to unnecessary things - things you don't need at all, and put the money left over here on assets. This will continuously earn you money, which you can use to buy new assets.
Good luck