investments are very good, but you need to understand this for a long time and monitor various market trends. if you are lazy enough for this try baccarat, here you can raise at least 2 million relying on luck
Great question. Other than winning the lottery it takes a great deal of work and luck. The quickest way is to have a product or service with an existing customer base with an extreem need. Outside of this you could also have the makings of a product that someone else with funding believes in and is willing to invest.
In either case you need to have a great plan, a great product and great timing with some really great people behind you.
Passive residual income. When planning my business model, I wanted to avoid selling products where I made a single sum of money per sale with no trailing revenue, which requires selling another to make another dollar.
Real estate, subscription services, insurance all come to mind.
Best of luck and keep us posted!
Rajneesh, sorry - but not really sure that your question is asked from the right frame of mind. If your aim is to "earn a million dollars in a year", and you do not love (or at least like) what you do - you will find any other advice given here fairly difficult to follow, and possibly not succeed.
Without at least some interest into what you are doing or thinking of doing, you will lack the motivation to do the necessary research, find the proper product, target market and ideal location to provide said services/products (as I suspect from the question is that you have not even thought of it, or at least decided not to share this info with us).
Once you have addressed my concerns mentioned above, ANY of the answers given here will help you considerably, but most likely not before then.
Just my two cents. Good luck!
Find a niche product or service to offer, add some value to it, and work like crazy.
Rajneesh, I would first ask, why do you need to earn a million dollars in one year? What has driven you to think this? It is very similar when client tells me they need "x" amount of life insurance. I ask them how did they come up with this number. What factors have driven this answer.
Is this a real question? You are asking in a free public forum what to do to make a million dollars in a year. If it was that easy to start something and turn it into a million dollars in a year, most people would already be doing that. Do you really think you will find the answer to this question here? And, If you had the answer, would you give it away for free? There are many models for success out there, but finding what one will work for you is the challenge. And, it likely won't be found in a free forum.
Rajneesh, if you find an easy way, write a book. It will net you another million. Paul is right find something little like services sell it to the masses but do it extremely well. A very rich person Dexter Yeager said; to live with the classes, you have to sell and serve to the masses. The masses being the normal 90% of the population. I always tell peopl to, read; Think and grow Rich, The Wealthiest an in Babylon, Acres of Diamonds.
If you want this you have to read about wealthy people, study them every day. Do you know someone that s wealthy? Spend as much time with them as possible. Have them become a mentor of yours. I coach young adults. They say they want to be like someone else. I react to then you have to study this person do what they do, breath like they breath, emulate everything in their life. If you can do this maybe you will get lucky.
Is one million dollars really going to make you happy? Once you are there you'll want more. I made my fist million 12 years ago only to loss it 8 years later. I know am working on it again but in a different way. I am content with what I have but now my drive is helping other get what they want out of life. Every one wants it but a few get it. Best of luck to you my friend and I look forward to reading your book when you do. Gil
That kind of depends on a few things.
1. Are you already in a business or thinking of setting up a business?
2. What industry do you specialize in?
3. o you have financial backing to get yourself into a position to market your idea?
There are many ways you could make a million dollars a year. It all depends on your skill set, and what you can give to the world.
You got the cure for a terrible disease? That's worth a million a year easy.
You could go the "Breaking Bad" path of business, but that's a high risk profession... only joking!!
All the little things extremely well . what is your business model