Becoming a millionaire in a mere 12 months is possible, but it’s unlikely — unless you receive an unexpected financial windfall. Instead, the path to riches is more of a long-term goal. Entrepreneurship provides the most direct path to becoming a millionaire, albeit with significant risk and effort. You can make it if you can build a small but strong company like a company manufacturing bath soaps or laundry soaps that are sustainable and affordable for the masses. most businesses require large investments of time and money before becoming profitable but through perseverance and hard work is where you can reach your dreams and even if you fail to shoot the moon you can still land among the stars. Success hinges on exceptional execution, differentiation, timing, and a bit of luck. But no matter how many steps you take, your path to wealth is likely to take a detour because the secret to getting rich is to anticipate some setbacks, but always plan, and focus on hitting your goals to get rich.
Is it possible to become a millionaire in one year?
- Thread starter Starmix
- Start date
It could be your dream and it is my dream too, practically I have done so many things in this regard but still I am far away from my goal. I read recent incident of an individual who spend $4000 in Shiba Inu when it started, after some time when it's price were on down side he sold all In state of fear. After some time this cryptocurrency hit all time high and so he would be millionaire within few weeks.
- Thread starter
- #7
Becoming a millionaire in one-year time is a matter of luck if won a lotto like my neighbor, she is a fish vendor and she won 345 million pesos lotto. She is lucky. Another way is to invest more and do business that profits more.
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- Thread starter
- #9
If you have a business like a store, you can save some percentage of your profit and have the money spent for an investment like buying stocks. This is the best way to reach the goal of becoming a millionaire in one year time.
It is possible to earn a million in a year, but it depends on your income. For individuals earning six digits every month, becoming a millionaire in a year is attainable.
When it comes to making money, is all about time and chance. One masterstroke investment can just work in your favour and you become a millionaire in just few months. It possible.
It is possible to move from zero to millions in two months. If you was able to learn a high paying skill, you would easily become a millionaire.
