Want to be a Millionaire? Follow these 4 steps

4 Steps to become successful.

Neeraj Joshi
Startups.com
4 min readApr 26, 2017

--

Picture Credits: Datapreneur

Do you want to be millionaire? Asking this question doesn't make much sense. Who would not want to be successful? But WHY? WHAT motivates you? And HOW to fulfil that motivation and become a millionaire? Let us get answers to these questions in the next 2 mins.

It is money which drives your expectations, needs and wants. The thing which helps and assists you in fulfilling them. It is a solution to most of your problems. Money can buy you almost anything, be it freedom, power, comfort, pleasure and the list goes on. Recently the most popular cliche that “Money can’t buy you Happiness” was proven wrong by a study conducted by Cambridge University. According to the study people who spent money in line with their personality traits were the Happiest. This is the reason WHY everyone wants money, more money and wants to be a Millionaire. Keep reading to find out the 4 simple steps to become a Millionaire.

1. Think about the WHY

The first step is to find the reason. WHY do you want to be a Millionaire? WHAT is the objective behind it? Yes, money can buy you almost anything, but not everything. You cannot earn respect, purpose in life and gain trust through money. Having figured out the objective, it’s time we define some parameters. Think about the time frame, the risks that you are willing to take and the things that you are willing to sacrifice.

“To win big, you sometimes have to take big risks”— Bill Gates.

2. Do Extensive Research and figure out the Requirements

After figuring out the objective, its time to do some Research. Search over the internet, talk with your friends to figure out the THINGS that you can do to become a Millionaire keeping in mind the parameters. Figure out the Requirements of those THINGS and analyze whether you will be able to fulfil them or not. If yes, HOW? Finally, come up with the THING that you would do to become a Millionaire. You have got a lot of options, you can start a business, get a job, invest in stock market or write blogs, anything that serves your purpose.

“Research is creating new knowledge” — Neil Armstrong.

3. Learn, learn and learn

After figuring out the THING and Requirements, its time we go back to our school days and study. Search for relevant study material or courses online, follow the experts in the domain and look for their writings, connect and collaborate with relevant people. Requirements that you discovered in the previous step are bound to change when you continue your journey through this phase. Just prepare yourself so that you can fulfil the maximum number of Requirements.

“There is no end to education. It is not that you read a book, pass an examination, and finish with education. The whole of life, from the moment you are born to the moment you die, is a process of learning”— Jiddu Krishnamurti.

4. Start, Learn and Share

After doing the initial groundwork its time you start working on the THING. Don’t expect to get the results instantaneously. Start small, learn everyday and share your learnings with the community. Don’t be embarrassed by your failures, learn from them and start again. Try to get feedback from the community by sharing as much as you can.

“You don’t learn to walk by following rules. You learn by doing, and by falling over” — Richard Branson.

Becoming a Millionaire is all about HOW well you Plan, Strategise and HOW open are you to learn from your failures and start fresh. One thing I want to quote here: “Define, Plan, Strategise, Start and Learn”.

And with that, I will close for the week. I am open to suggestions and feedback on the technical details of the blog. Also, you can join my group “PushStart” to get access to more such readings. You can comment here to share what you think.

I got motivation to write about this from the readings of Nir Eyal, Eric Ries, Dan Norris, Sangeet Paul Choudary, steve blank, Sujan Patel, Dan Pedersen, Erik Devaney, Derek Andersen and from the blogs of Matter, The Startup, Startup Grind, Startups Co, The Mission, Mashable, Techcrunch, Inc.com, The Verge and Wired.

Thanks a lot for reading! If you liked it, please support by clapping 👏🏻 and sharing the post. Feel free to leave a comment 💬 below.

Want to become part of India’s most active startup community?

Send a request on Pushstart and become part of our ever-growing family.

Hey! Neeraj here, the founder of Pushstart, India’s most active entrepreneur community. I release interviews with successful entrepreneurs every week. Feel free to reach out to me on Facebook | Linkedin | neeraj.joshi@pushstart.in | Twitter.

--

--