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THE FOUR PROVEN WAYS TO BECOME A MILLIONAIRE ($1 Million and above)

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I always wonder how some folks manage to reach the Millionaire Status while a large percentage of the world’s population struggles with financial difficulties.

For this reason, I usually spend a large part of my time studying the self-made millionaires’ biographies to check how these individuals reached massive levels of financial success.

From their biographies, I realized the 4 main ways to become a million-dollar millionaire.

  1. Climbing the Corporate Ladder

You can become rich by climbing the corporate ladder. Millionaires such as Brian Dunn (Best Buy’s CEO), and Jack Welch (General Electric CEO) were once junior employees, but they became the CEOs of their companies.

Brian Dunn was once paid more than $3 million within three months, while Jack Welch received a contract termination fee of $ 417 million.

Brian Dunn commenced his career as Best Buy’s sales associate, while Jack Welch started as a Junior Engineer.

Climbing the corporate ladder is, therefore, one good way to become rich. However, it’s not easy to climb the corporate ladder because you have to work extremely hard for you to do so.

Brian Tracy teaches that for you to climb the corporate ladder and reach executive level positions, you have to enjoy working for your company so much that you use your free days working. Besides this, he teaches that you have to treat the company as if it’s yours, and you always have to be the first one to arrive and the last to leave.

If you work so hard, you’ll be highly skilled in whatever you do, and your firm will do anything, including promoting you so that it retains you.

I wonder how today many people hate working hard for their employers, and still expect to rise to high positions. If you are one of them, kindly forget this method as a means to ‘millionare-hood.’

  1. Investing in Businesses While Still Working For Another Person

Some individuals have become millionaires by investing a large percentage of their incomes in various businesses.

If you can’t climb the corporate ladder, you can, therefore, invest your income in businesses or stocks.

However, this method is also hard because you’ll always have to find time for managing your investments. People who became millionaires through this method rarely slept because they had to work for both their bosses and still manage their investments.

It’s hard to work on different things. However, it’s not impossible because there are some people out there doing it. If they can do it, why not us? Why? I don’t see why.

  1. Starting Your Own Company

You can become a millionaire by starting a company and giving it all you got.

Many millionaires used this formula. For instance, Richard Desmond ($ 1.45 Billion), and Mike Ashley ($ 3.8 Billion) built their million-dollar companies from scratch.

The hard part of this method is that it will eventually require you to quit your job if you have one because starting a million-dollar company from scratch requires a large part of your time. You have to work for the company day and night.

Also, you might fail to receive profits in the first few years. For instance, Jack Ma’s company, Alibaba, never received profits in its first three years.

You have to have high levels of confidence in your company for you to dedicate all your efforts to it without realizing profits in its early stages.

  1. Using Your Talent

Some people have used their talents to enter millionaire-hood. Musicians, like Eminem (Net worth-$190 Million), Dolly Parton (Net worth-$ 500 Million), and Lil-Wayne (Net worth-$150 Million), have earned millions of dollars from their music. Besides musicians, some actors and sportsmen have also made millions from their talents.

This path to riches often seems easy, but it’s also a hard method. You’ll have to find your talent, and start working on it. And, you’ll have to withstand earning few or no dollars for a long period before you become rich and famous.

This method also requires you to be very humble in the beginning stages of your career. For example, in the beginning phases of her acting career, the ‘Game of Thrones,’ actress, Emilia Clark had to accept roles that many beginning actors would have rejected. She appeared in commercials, and she also played old ladies and prostitutes.

Besides humility, for you to earn huge money from your talent, you have to work very hard on perfecting it. You have to become the best of the best for you to get noticed.

For this reason, many people give up on this method because of the amount of hard work, and humility it requires.

Concluding Remarks

I believe you have noticed that none of the 4 methods is easy. They all require hard work and extraordinary levels of determination.

Riches don’t come easily, and that’s why only 1 percent of the world’s population is above the million-dollar mark.

In the USA only 14,814, 453 people out of 325,000,000 individuals are millionaires ($ 1 Million dollars and above) while in Kenya, around 9,000 people out of 47,000,000 people are millionaires.

However, I believe that we too can reach the millionaire status if we are determined, and if we decide not to discourage each other, but to push each other harder. I hope we’ll meet at the top.

Thank You for reading.

If you have any other methods of becoming rich, you are free to list them in the comment box below. Feel free to disagree.

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2 Comments

2 Comments

  1. Pinchez

    May 18, 2018 at 3:05 pm

    Wonderful post

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SUCCESS

Nine Powerful Success Lessons You Can Learn From The Best East African Rapper: KHALIGRAPH JONES

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Photo Source – Khaligraph Jones

Papa Jones a.k.a Khaligraph Jones/The OG is my favorite rapper and also the best East African Rapper. You must be living in a cave if you live in East Africa and you don’t know this guy. He flows like water, and he can fluently rap in both English and Kiswahili.

Rap was dead, but Khaligraph Jones is one of the few rappers in the world who is bringing rap back to life because most rappers are now doing TRAP, or is it CRAP?

Anyway, besides loving his songs, I love how Khaligraph came from nothing to be one of the most successful rappers in Kenya. I have learned a few lessons from him that have inspired me to dream bigger and believe in the impossible.

Here are nine powerful lessons I have learned from Khaligraph Jones’ success story.

  1. You Can Make Something Out Of Nothing

Khaligraph Jones was a broke ass lad before rising to fame. He worked as a nightclub bouncer, and he lived in one of the poorest regions in Kenya’s capital city. In his songs, he always reveals how life was tough before he became rich and famous, and how people used to ignore him because they believed he won’t amount to anything. However, from being a broke ass guy, he is now one of the richest and highest paid rappers in Kenya. He drives flashy cars, and he recently built a mansion.

His story shows that where you currently are doesn’t really matter because you can move from nowhere to somewhere within a short period if you put in the effort.

  1. Do Your Thing and Never Ever Care What Other People Say

Besides rapping, Khaligraph is also good at not caring what people say. When he entered the music industry, people mocked him because he had an American accent despite being a Kenyan. People thought his style was fake and they believed his accent would ruin his career because the music industry requires originality.

However, Khaligraph ignored the Naysayers. He still has an American accent, and he doesn’t care what people say about him. Ironically, people now love his American accent after he showed them what he can do.

  1. Be Generous

Most Kenyan musicians are selfish as they often avoid working with upcoming artists. However, despite being the illest rapper in town, Khaligraph is the most generous rapper in East Africa as he always gives a helping hand to aspiring artists by featuring them in his songs. He has made Kenyans recognize some artists they couldn’t have recognized.

In an interview, Khaligraph revealed that he works with young artists because he realized Kenya has too much potential and also because he needs to bring in other people to showcase their musical talents.

  1. Work Like Hell

The number of songs Khaligraph Jones has released this year proves that he’s currently the most hardworking rapper in East Africa.

  1. Put God First

Recently, before performing at The Terminal Music Weekend, Khaligraph revealed that besides discipline and hard work, he is successful because he puts God first. He advised aspiring artists to trust in God and he will make a way for them.

  1. Don’t Waste Your Energy on Unworthy Competition

When asked why he stopped responding to diss tracks from his greatest rival, Papa Jones revealed that he is now too mature to waste time on beefs.  The OG revealed that he is now putting more effort into his work instead of unworthy beefs.

The OG made me realize that we always waste our precious time and energy assessing our competitors’ progress. Little do we know that we’ll make quick progress if we channel this energy into our careers/businesses/projects.

  1. Don’t be Afraid to Reach Out

We are always advised that the shortest route to success is to reach out to the most successful folks in our industry and ask them for guidance and make them work with us. However, most of us fear doing so because we think these folks will ignore us.

Papa Jones isn’t ‘most of us,’ because while he was still a struggling artist, he reached out to Abbas, a badass Kenyan Rapper and asked if he could work with him. To Jones’ surprise, Abbas agreed to do a track with him without any financial demands. The track helped Jones advance in his career.

Recently, Khaligraph also reached out to YCEE, who is currently a big name in the African music industry, and asked if he could work with him. Surprisingly, YCEE agreed to work with him because he RESPECTS THE OG. Together they released a song named Gwala.

With this in mind, we must reach out to successful folks in our industry because they might agree to work with us.

  1. Do what you love

When Khaligraph Jones was asked how he kept moving forward after being booed off stage, he revealed that the love of music was what kept him going. He continued working on his skills because he loved rapping.

It is easy to give up working hard if you face obstacles on something you don’t love. However, when you love something, the obstacles don’t matter because you will always want to work no matter what.

9. Never Ever Give Up

During the ‘Testimony 1990’ Listening Party, Jones revealed that when he started recording music, many radio stations refused to play his music, and they told him to try another career. Besides this, he almost succumbed to depression because he felt that nobody was listening to his music despite his hard work. However, despite these challenges, Papa Jones never gave up.

Conclusion

Papa Jones is a great rapper, and I deeply believe he’ll reach great heights if he continues working hard and being generous. Currently, he’s the only rapper I believe will put Kenya on the Global map. I pray for him because if he succeeds, Kenya succeeds. KEEP WORKING BRO – SEE YOU AT THE TOP

RESPECT THE OG: HE HAS DONE WHAT MANY CAN’T DO.

Besides the above lessons, I believe there are many more lessons we can learn from the best rapper in East Africa. You are free to share them in the comment box below.

Feel free to join my Facebook Community The Unbounded Wisdom Community for more success ideas, and quotes.

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QUOTES

16 Sensational Quotes by the Rich and Famous That Prove Hard Work is the Secret to Success

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I have written twice, on why hard work is the secret to success because I believe that hard work works. Today, I compiled quotes I noted down from books, songs, interviews, and speeches of some of the world’s famous millionaires to prove that these folks really believe in hard work.

Here are they

  1. ‘I never cried, never complained, I just worked hard. To get to where I got to in life, it has been hard work.’ – Mayweather, boxer, (Net worth – around $ 700million).

 

  1. ‘I represent being sucker-free, being positive, and working hard. I don’t hate on anybody, I’m not a negative individual, and I just wake up and I just try to work the hardest I can work.’ – Puff Daddy, American Rapper & Entrepreneur (Net worth $810 -900 million)

 

 

  1. ‘I just kept at it. I work, work, work, work. I hate lazy people, I hate laziness.’ – Nicki Minaj, Rapper & Singer (Net worth – $ 70 million)

 

  1. ‘They always tell me nobody is working hard as you, and even though I laugh it off men, it’s probably true coz when all my friends are out partying I’m just here making music that they party to.’ – Drake, Rapper (Net worth – $120 Million).

 

 

  1. ‘Dreams don’t work unless you do.’ – John C. Maxwell, American Author & Pastor (Net worth – $ 700 million).

 

  1. ‘I have brothers like Rick Ross, and Wayne who are working like non-stop. I think we all push each other harder.’ – Drake, Rapper (Net worth – $120 Million).

 

 

  1. ‘I have never viewed myself as particularly talented, where I excel is ridiculous, sickening work ethic. While the other guy is sleeping, I’m working, while the other guy is eating, I’m working. – Will Smith, Actor (Net worth – $250 million)

 

  1. ‘Ignore the naysayers, and WORK LIKE HELL.’ – Arnold Schwarzenegger, Actor (Net worth – $ 400 million)

 

 

  1. ‘If you want to win, there is absolutely no way around hard hard work.’ – Arnold Schwarzenegger, Actor (Net worth-$ 400 million).

 

  1. ‘Work-hard, and who knows maybe someday you’ll find yourself standing on the stage, or maybe someday somebody will give you an award calling you an innovator.’ – Justin Timberlake, Singer – Songwriter (Net worth – $230 million).

 

 

  1. ‘I had no money to go to college so I had to work three jobs, and I learned a work ethic that I think made me who I am. I am a very hard worker, I am not the smartest kid in class, but just in terms of being clever and having hustle, I think my career proves that I’ll get it done no matter what – Jason Calacanis, Internet Entrepreneur (Net worth – $20 million).

 

  1. ‘Work-hard every waking hour if you are starting a company because if somebody else is working 50 hours and you are working 100, you will get twice as much done in the course of the year.’ – Elon Musk (Net worth- $ 20 billion)

 

 

  1. ‘I think there is no secret to success. It’s all about hard work. It’s about going out there and practicing more than your teammates or opponents.’ – Alex Morgan, Footballer ($ Net worth – $3 million ).

 

  1. ‘Talent without hard work is nothing.’ – Christiano Ronaldo, Footballer (Net worth – $400 million)

 

 

  1. ’If you think you can make it without working, you are making a mistake. If you are not going to work hard forget about it.’ – Arnold Schwarzenegger, actor (Net worth – $ 400 million).

 

  1. You have to work. I work every day and this is why I’m in the top level. It is not by coincidence it’s because I put extra-work outside the field.’ – Christiano Ronaldo, Footballer (Net worth – $400 million)

 

Which of the above quotes did you like?

Feel free to join my facebook group Unbounded Wisdom Community for more insightful quotes and discussions.

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