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So, if you are looking for a practical way to legally earn a million US dollars in one year from the scratch, then one of your options is to go into the sale and supply of medical equipment. You must have heard of people making million US dollars from network marketing business especially those that have pretty large down — lines. Network marketing business is all about recruiting people to market a product or services and earning commissions and bonuses from any sale the make. If you are good network marketer and you are looking for a practical way to legally make a million US dollars in one year from the scratch, then one of your options is to start a network marketing business.

There are core professionals who earn far more than a million US dollars annually from a good paying job. Thus, if you are looking for a practical way to earn a million US dollars in one year from the scratch, then one of your options is to secure a good paying job. Please note that you must have the required qualifications and corresponding job experience before you can earn it big as a career person. Starting a construction company is yet another practical way to earn a million US dollars from the scratch in one year.


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Of course one of the most popular businesses to start in the construction industry is to register and start a construction company. One thing is certain, surviving in the business world as a construction company requires more than knowing how to deliver standard projects, but also how to network with key people that matters; decision makers that can decide who a project is giving to and all that.

So, if you are a civil engineer, a structural engineer or a profession in any related field and you are looking for a business to start, a business that you can earn a million US dollars from within a year, then you should consider starting a construction company. Another practical way that an aspiring entrepreneur can legally make a million US dollar in one year from the scratch is to open a filling station.

With that you can be certain that you will make a million US dollars if your business projections are right and all other business factors work in your favor. Starting a law firm is yet another practical way to make a million US dollars in one year from the scratch. The services of lawyers are need in every parts of the United States of America. These goes to show that starting a law firm is indeed a thriving business in the U. S because there is a large market for such business and the industry provides loads of job opportunities for lawyers and other professionals.

As a lawyer, if you are looking for a practical way to legally make a million US dollars in one year from the scratch, then your best bet is to start your own law firm. Another practical way to legally earn a million US dollars in one year from the scratch is to start an e-commerce business. As an aspiring entrepreneur, starting an e-commerce business is a great way to successfully launch a business that can gain recognition on a wide scale with minimal resources. The fact that the internet is a global village makes it easier for e — commerce businesses to reach out to a wide market scope.

There are several ways to do business online; you can start by selling your own products or you can create an affiliate website that has a functional online store, drop shipping for a merchant.

How can i become a millionaire overnight | 2KnowMySelf

Starting a diamond retailing business is yet another practical way that an aspiring entrepreneur can legally make a million US dollars in one year from the scratch. If you have a penchant for diamond and jewelries, you can indeed make good money if only you can be willing to start your own diamond retailing business. Diamond retailing business is one business that is not common in most part of the world, but it has a very high profit margin.

People that are involved in the retailing of diamond would admit that they are making huge returns on their investment. Another practical way that an aspiring entrepreneur can legally make one million US dollars in one year from the scratch is to start a solar panel manufacturing company. Solar panel is rapidly gaining huge market acceptance all over the globe simply because of how effective and useful it has become to most people.

Solar panel is simply a device that helps convert sunlight into electrical energy and stores it for use. There are loads of areas where you can use solar energy and that is the reason why a lot of inventions that is being powered by solar panel energy keep propping up. There are software developers who have been able to hit the one million US dollars mark in one year simply because they were able to develop software applications that are universally accepted and used in all counties of the world.

So if you are looking for practical ways to legally make one million US dollars in one year from the scratch, then one of your options is to start developing software applications. You can be lucky to develop software applications that will gain sell globally. With that, you can comfortably make a million US dollars in one year from the scratch. You must have heard of movies that sold over a million copies in just few weeks of its release.

This goes to show that a movie producer can make a million US dollars in one year from the scratch. So if you are looking for a practical way to legally make a million US dollars in one year from the scratch, then one of your options is to produce a bestselling movie. An extra and practical way that an aspiring entrepreneur can legally make a million US dollars in one year from the scratch is to start an advertising and branding company. The innovation in the advertising and branding industry is evolving and new windows for both conventional and unconventional style of advertising are opening up.

Advertisers will do all they can to catch up with their target market.

If you are lucky to consistently execute good advertising and branding deals, you are likely going to make a million US dollars in one year. Another real way that an aspiring entrepreneur can legally make a million US dollars in one year is to become a licensed military contractor.

As a licensed military contractor, your core task is to supply the military equipment and gadgets such as arms, food supplies, uniforms, gasoline, etc. You can also be assigned the construction of facilities, designing and manufacturing of gadgets, monitoring specific issues, etc. Starting a biodiesel production company is yet another practical way through which an aspiring entrepreneur can legally make a million US dollars in one year from the scratch.

As a matter of fact, in recent time, especially in the United States, the awareness and use of biodiesel is rapidly increasing simple because it has been proven to be environmentally friendly and efficient when used in any machine that runs on diesel. It has lower emission compared to the diesel produced from petroleum.

Many investors now go into the production of biodiesel because it has been proven to be a better substitute for diesel and that is why it has now been produced in commercial quantity in the US thereby reducing the importation and dependence on petroleum. Another applied way to legally make a million US dollars in one year from the scratch is to start an oil and gas servicing company.

If you are able to secure a handful of servicing contract in the oil and gas industry, you are likely going to earn a million US dollars in one year. The truth is that the oil and gas industry is indeed a money spinning industry. Opening an amusement park is yet another practical way to make a million US dollars in one year from the scratch.

As a matter of fact, Disney Land is the number one spot for children and adults looking for a park to catch maximum fun; People travel from all over the world to pay expensive fees to visit Disney Land. The truth is that any entrepreneur can model a business after Disney Land in any part of the world and still make huge success from the business. So, if you are passionate about making children catch mad fun, then you should think of starting an amusement park.

Beyond every reasonable doubt, one of the most profitable, creative and interesting aspect of the real estate industry is property development. As a matter of fact, developers are a major player when it comes to determining the prices of properties. Although this type of business venture can be risky, but in other to make it big in the industry as a property developer, you just have to take calculated risks. So if you are looking for a practical way to make a million US dollars in one year, then one of your options is to start a property development company. Starting a record label is yet another useful means to make a million US dollars in one year from the scratch.

If you are an entrepreneur and you love music, one of the easiest ways of making money from the music industry is to start your own music label; and the truth is that it is not difficult to start your own music label from the scratch in any part of the world. Often, the more you pay the better, because you'll take the relationship far more seriously. You won't solely be taking in that relationship. You won't purely be a consumer. Instead, you'll be invested, and as such, you'll listen more carefully.

Why you can't become a millionaire overnight

You'll be more thoughtful and engaged. There will be higher consequences for not succeeding. But in those four or five hours, he taught me what I needed to know to create an amazing book proposal. He provided me resources that dramatically enhanced and sped up my process. With his help, I was able to get a literary agent and eventually a multi-six-figure book contract. At the very most I'd have written a terrible one. I would not have been as motivated or invested, so I would have been far more likely to procrastinate needed action. If you don't have much money, surely you can afford to buy a book.

How much money and time do you spend on entertainment, clothes, or food? It's a matter of priority. Beyond mentorships, you should invest in education programs, such as online courses and books, and quality products to help you eat and sleep better. Your level of success can generally be directly measured by your level of investment. If you're not getting the results you want, it's because you haven't invested enough to get those results. When left to their own devices, most people consume their time as well. It is only by investing your time that you get a return on that time.

Nearly every second spent on social media is consumed time. You can't have that time back. Rather than making your future better, it actually made your future worse. Just like eating bad food, every consumed moment leaves you worse off. Every invested moment leaves you better off. Entertainment is all well and good--but only when that entertainment is an investment in your relationships or yourself. You'll know if it was an investment if that entertainment continues to yield returns over and over in your future. That may include positive memories, transformational learning, or deepened relationships.

Still, life isn't purely about being entertained. Education is also key.

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And although both are essential, education will provide far greater returns in your future. The world's most successful people are intense learners. They are hard readers. They know that what they know determines how well they see the world. They know that what they know determines the quality of relationships they can have and the quality of work they can do.

1. Invest at Least 10 Percent of Your Income in Yourself

If you are constantly consuming junk media, how can you possibly expect to create high-value work? Your input directly translates to your output. Garbage in, garbage out. Just as a large majority of your downtime should be spent learning, so should a great deal of your "working" time. Wealthy and happy people work to learn. Unsuccessful and unhappy people work primarily for money. Only 20 percent of your energy should be spent doing your actual work.

The rest should be spent learning, improving yourself, and resting. It is by "sharpening your saw" that you'll continue to become a better and more capable person. Thus, as you dedicate large portions of time to becoming a better thinker, communicator, and better at your craft, the quality of your work will continue to increase.

Eventually, you'll be able to charge very, very high fees for your work, because no one else can do it like you. When you prioritize learning and recovery, then you'll be in a deep flow state during the hours you are actually working. You won't be distracted, like most people are when they work. You're either percent on or percent off. While working, you can get more done in a few hours than most people get done in a number of days. Your time is spent well because your priorities are clear, you're well-rested, and your mind is stimulated. Knowledge is worthless unless it is applied.

In our media and information age, there are a million things you could learn. But if you don't put that learning into immediate practice, it becomes shallow information. It takes wisdom to determine what you should learn, why you should learn it, and when you should learn it. Unless you're invested, you probably won't learn with the intensity needed to maximize that knowledge.

Unless you understand the value of your time, you probably won't have the discernment to ignore almost everything while learning that which will bring the highest return. When you learn something, you should get a return on that learning. Far too many people read books now just to say they've read lots of books. If you're not applying what you're learning, your consuming and wasting your time.

Even those who have high incomes are not truly wealthy. Most people's lifestyles match their incomes.


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When they make more, they consume more. In fact, most people make money solely to consume. It's best to think of your business as only half of your income equation. You have your business which brings income. Then, you have your investment entity to turn your income into even more money. Like anything, how well you manage your money is determined by how well mentored you are.

If you want to become brilliant with money, invest in education and mentoring. The best time to plant a tree was 20 years ago. The best time to start investing was also in the past. If you haven't started yet, don't sit and wallow in regret. Tomorrow doesn't exist for people who don't do something today. Create a vehicle, or several vehicles, where you put at least 10 percent of your income.

Eventually, your investment vehicle may even start producing more profits for you than your actual business. Compound interest is a real thing. If you put 10 percent of your income into your investments over a long enough period of time, you'll be set. Unlike the majority of high earners out there, you'll be able to stop working whenever you want, because your money is making more than enough for you to comfortably live on. However, once you become more consciously awake to the world, your desire will shift from merely receiving to giving.

You'll realize that it's actually far more satisfying to give than to get. Moreover, you'll be driven by a cause you fully believe in. When your motivation is to give, you'll often get insights about how you can improve your relationships. Random thoughts will pop into you head to send "Thank you" notes to various people.

You'll start contributing more, which will lead to far more opportunities and deeper relationships. People will come to love and trust you. Your work will be motivated by a higher cause, and thus will be far more inspired and impactful. The truth is, everyone is highly dependent on other people to do what they do.

But it takes wisdom and humility to openly acknowledge that dependence. Rather than seeing it as a weakness, realize that it's a strength. Beyond acknowledging your dependence, constantly express your appreciation to the people in your life. The only sure way to become a millionaire is to do it slowly but surely. By the way slowly here doesn't mean in 10 years or even 5. If you were dedicated and worked hard enough you might be able to become a millionaire in 2 or 3 years.

The first thing you must do in order to really become a millionaire is to forget about irrational idea of wanting it to happen overnight. Becoming a millionaire is possible provided that you give up irrational ideas such as doing it overnight. I didn't only study psychology for 10 years but i also completed my MBA and became a dot com millionaire, The information you just read can dramatically increase your chance of increasing your wealth and of becoming reach.

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How to develop rock solid self confidence fast course. How can i become a millionaire overnight By M. Farouk Radwan , MSc. Business and Making Money. How can i become a millionaire overnight How can you become a millionaire overnight? Why you can't become a millionaire overnight If you want to become a millionaire then certainly you would want to follow a solid plan that will work.