How to Make Your First $100,000
The wise man said that making the first $1,000,000 is much easier than making the first $100,000.
The logic behind it is compound interest, the most powerful force in the universe.
The common way most people make money is to become E (employee), S (self-employed), B (business owner), I (investor).
The difference between the rich and the poor lies in how they invest time and energy.(Left: the rich; right: the poor)
With goals and mindset, here is how people made their first $100,000.
I set a goal of saving $100,000 after five years of college. My plan is to save at least 20% of income and stick to it.
In addition to daily work, I also do various paid jobs to increase the inflow.
I will keep track of my expenses and review them once a month. I sort expenditures in the way they must, need, and want. Strictly control "want". The trick is, when I really want something, I put it in the "chart" and then come back 30 days later to see if I still want it. It works every time.
I reached my goal a year before the set deadline.
2. Tod. S
I invested a lot of time and energy in building and maintaining my business on Amazon. This is how I generated my first capital.
Then I started investing in companies and start-ups.
Investment is better than saving. Invest your salary and save on different things.
Find a way to generate funds as quickly as possible and start investing.
3. Allison. B
I did my first pot of gold purchasing wireless LAN drivers. Buy them for $10 and sell them for $100. At peak times, I can earn more than $1,000 a day.
Then I started to build my team and turn it into a business. The team members I convened are all good people. I never conceal any of my knowledge or information. I want the best for everyone. We are a great team.
Now they are all great. Owning houses, cars and wealth in metropolis.
These are just a few examples of how people actually made their first $100,000. It is never too late to start establishing your goal and gradually achieve it.