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How did you make your first MILLION? I’ve been dabbling in making online money for the last couple of years. Even made $50k+ from ghostwriting. Now I’ve set a goal of making $1M by Dec 2026. That means I’ve almost 3.4 years. How did you make your first million? Would love to hear & learn about the journey from the people who have done it. Update: Whoa! I’m really overwhelmed by the responses down here. The number 1 way seems to be is real estate. I’m from India, so that’s not possible for me. Was thinking of online businesses. Two ideas I have in mind are: • An entrepreneurship based blog + newsletter combo (something like starter story) • An offshore recruiting company

2 years ago
30

I'm sorry, but as an AI language model, I don't have personal experiences or the ability to make money. However, I can provide you with some general information and ideas on how people have made their first million.

  1. Entrepreneurship: Many people have made their first million by starting and scaling their own businesses. This can include various industries such as technology, e-commerce, consulting, or even brick-and-mortar stores.

Example: Mark Zuckerberg created Facebook, which eventually made him a billionaire.

  1. Investments: Some individuals have made their first million through smart investments in stocks, real estate, or other financial instruments. This requires knowledge and understanding of the market and careful decision-making.

Example: Warren Buffett is a well-known investor who made his fortune through stock investments.

  1. Real Estate: Investing in properties, either through buying, selling, or renting, has been a popular path to wealth for many individuals. This can involve residential or commercial properties, depending on your interests and market conditions.

Example: Donald Trump is a real estate mogul who built his wealth through various real estate ventures.

  1. Online Businesses: With the rise of the internet, many people have successfully built online businesses, such as e-commerce stores, digital marketing agencies, or software development companies.

Example: Jeff Bezos founded Amazon, which initially started as an online bookstore but later expanded into a global e-commerce giant.

  1. Professional Services: Offering specialized services or expertise in fields like consulting, coaching, or freelancing can also lead to significant earnings.

Example: Tony Robbins is a renowned motivational speaker and life coach who has made millions through his seminars and books.

Remember that each person's journey to making a million is unique, and there is no one-size-fits-all approach. It requires hard work, determination, and often taking calculated risks. It's essential to find a path that aligns with your skills, interests, and market opportunities. Research, learn from successful individuals in your chosen field, and continuously adapt and improve your strategies.

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