How To Make A Million Dollars

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how to make a million dollars

How can you make money, a lot of money, a million dollars?  Have you ever wondered how those millionaires have done it?  Do you think to yourself that this is an impossible task for you?

I’ll preface this article by letting you know that I am writing this article as a Christian, that is a follower of Jesus Christ.  Therefore, I’m writing from a  Christian world view.

First, let me be cautious to tell you that you don’t want to make the same mistakes I have made on the road to creating wealth.  You don’t want to have an over-emphasis on wealth that supersedes your love for your Creator and for others.  I think Ebenezer Scrooge is a good example of what can happen when we have a stingy, greedy, grasping approach to wealth.

On the other hand, we don’t want to have a poverty mindset that disregards wealth altogether.  Like the faithful servants in the Parable of the Talents, Christian entrepreneurs can have a healthy, balanced perspective of wealth.  If Jesus Christ is first on our priority list, we can work on being faithful stewards and investors of the gifts, talents, opportunities, time, and money entrusted to us.

So, placing those principles in front of us let’s thing about  .

Here are some ways that have an extremely low chance of generating a million dollars for you:

  • Suing someone for a million dollars
  • Playing a game show
  • Becoming a professional athlete
  • Becoming a celebrity musician or athlete
  • Winning the lottery

I say that the chance is very low, because these things just don’t happen to very many people.

However, if you would like to know some higher likelihood ways of making a lot of money, I’ll share some strategies I have learned in researching this article series.

Learn From the Millionaires

How To Make A Million Dollars

How to make a million dollars?  It sounds simple, but it is the single most important thing you can do to embark on a course toward wealth:  Study the habits of millionaires!

Don’t Expect a Handout!

Too many people live as victims instead of victors.  In other words, they feel that life has “happened to” them, versus feeling that they have any control over their circumstances.  They feel that they were born with little talent, poor parenting, not enough brains, not enough this, not enough that.  If you find yourself in that frame of mind, don’t punish yourself for it–learn from it, and start moving forward!

To be honest, I lived as a victim for a several years.  It took some hard lessons learned for me to change my thinking and my attitudes.  Changing my mind and attitudes have made a BIG difference, and a change of heart and mind will make a big difference for you, too!

Do Be Proactive!

Formulate Your Mission, Vision, Values, and Goals

The great thing about having a sense of who you are and where you’re going in life is that you will get there much more quickly and efficiently. Take the time to read the following articles from your blog designed just for you!

Personal Mission Statement:

A Simple Formula: Find Your Mission Through Your Passion

Clarifying Your Values

What Everybody Ought To Know About True North

Smart Goal Setting

Discover These Smart Goal Setting Secrets

Smart Goal Setting

Check Out This Smart Goal Setting Template

Here’s Your Personal Growth Development Plan

Decide to Think Big!

Again, if you are placing God first in all you do, you can then start dreaming and thinking big!

Donald Trump has said, “I like thinking big. If you’re going to be thinking anything, you might as well think big. ”

I love that quote, because it’s true!  As Christians, we serve the Creator of the Universe!  Don’t you think that He can do just about anything?  We need to believe that He has big things He wants to carry out through ordinary people like you and me.  As long as our dreams are in line with Biblical values established in Scripture, they are very important things to cultivate and strive for.

Read These Classic Books

(Disclosure: yes, I may get a 4-6% commission on some of the books listed below.  I only share books that a) I have read and b) which I feel will be helpful to you.  You can always check them out at the library, go directly to a bookstore, or you can support me and my blog by purchasing it through the link)

Brian Tracy’s Million Dollar Habits is one of my favorite reads of all time.  I like Mr. Tracy because he walks the talk: he’s lived through every type of business success and failure you can imagine.  He has a gift for translating success strategies, business and personal, into very easy to understand formats.

Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire (Agora Series), by Michael Masterson, is a book I have thoroughly enjoyed.  I bought it a few years ago, prompting me to write a vision statement that has led, in part, to starting this and other blogs I write.

There are a number of specific stories of persons who went from broke to seven figures in seven years.  There is nothing like a story to inspire, so I hope you’ll enjoy this book as much as I did.  Prepare to be inspired to action!

Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Ecker contains some mental strategies for working on your inner beliefs and thinking patterns.  You can remove the patterns holding you back, and you can design new internal programming to optimize your mindset toward wealth.  I listened to this book in audio format, and found it immensely helpful in challenging my own self-limiting beliefs.

The Millionaire Next Door: Surprising Secrets of America’s Wealthyand The Millionaire Mind are two classic books written by Dr. Thomas J. Stanley, an economics professor.  If you want to get insights to then model for personal success, these are must reads.

Read These Blogs to Feed Your Business Mindset

The Smart Passive Income Blog by Pat Flynn, is a hands down favorite.  Pat is an extremely humble guy who provides tons of value at this site.  You’ll learn so much about making money online from this guy.

The Personal MBA blog assumes you don’t need a first class MBA education from an élite graduate program to learn everything you need to know to build a successful business.  Stop by for some great book summaries and reading suggestions to build your mental wealth.

Solo Entrepeneur blog has a lot of short articles on business building topics.  Many of their tele-seminars are free of cost.

What are your plans for becoming a millionaire?  What books do you recommend?  What blogs do you recommend?  I look forward to your comments!

photo credit: Andreas Ivaarson 
 

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Comments

  1. says

    I guess most of us, at one or another, lived our lives feeling sorry for ourselves and blamed others for our bad situations. Obviously, this is not a good way to become a millionaire.
    To be honest, it would be nice to be wealthy, but right now, I just want enough.
    I say, for myself, focus on personal development first, read and learn as much as I can, and know what I want, what I really want to do, and then get rich.
    Doesnt sound very concrete does it?
    :)
    Glori recently posted…“Stop the madness for constant group work.”My Profile

    • says

      Glori, thanks so much for your input. I don’t think that wealth and personal development have to be separated necessarily. However, I think it was Jim Rohn who said that that if we worked as hard on ourselves as we work on getting more wealthy, we would end up becoming more wealthy. I think you’ve got a healthy perspective.

  2. says

    Stephen,

    May God smile upon your daily walk through this lifetime. You have made a better place for people to increase their hope.

    I do see all the points you make and they are focused on making money the right way with the right mindset. That is all good and more. I know from experience that everyone has always had a blueprint that works in every area of business and personal development. This source is were all other book originate their ideas from. Everyone who has ever accomplished their determination of success originates from this one source which is and always will be flawless. I was just surprised you did not offer it as the ultimate guide to having everything from a million dollars to increase of strength.

    If you want to just make some money and have a real lifestyle of unlimited abundance. Look no further than on source that will not cost you a dime. Hey, you can read it free online for the rest of your new awakening life. Then get with a supportive group of people who their only focus is what you determined as your success.

    You are unique as we all are. Yet, each of us have that one something that will awaken within you once you stop playing as you have a real business. You have to get serious and start from step one which is your mind set.

    Stephen, your one of our great visionaries in this global business and I am honored to know you.

    By the way the one source which is key to every business and personal growth is “The Bible”. Each word is flawless and if you search with you heart. Everything you need to know is located within. That simple and you have wondered why all the books created by millions are just to motivate you and create a hunger for you just to start to take action. The only book that has stood the test of time is given to you and it works. I am living proof and you will be to.
    William Earl Amis Jr III recently posted…WOW!My Profile

    • says

      William, your last paragraph is my favorite. God’s Word is more precious than all the riches in the world. It’s in our best interest to treasure it as such.

  3. says

    “I like thinking big. If you’re going to be thinking anything, you might as well think big. ” what a great statement… I remember a mentor of mine once saying something like this. When you aim for something just aim as high as you can possibly imagine. You might not hit what you are aiming for, but your low is going to 100 times higher than other people sealing.

    thanks for a great post

    Brian
    Brian Lagoni recently posted…The Power of PresuppositionsMy Profile

    • says

      It’s an interesting perspective, isn’t it Brian? As you would well know, the power of language is great when it comes to influencing our beliefs. It’s tricky to set a goal so high that our subconscious doesn’t really believe it, yet not setting the bar so low that we will ‘live down’ to it. What suggestions do you have from an NLP standpoint?

  4. says

    Stephen,
    I am not ashamed in my faith in Christ. And that being said; too many people are seemingly caught up with the likes of the Kardishians to be worried what I am up to anyhow. To be a faithful servant of the gifts and talents that the Lord has placed in our hands is the best way to riches in this life and beyond.
    Thanks for wearing it on your sleeve.
    Jay
    Jay Bergers III recently posted…I’ll start that new “work out plan” as soon as I get around to it!My Profile

    • says

      Hi, Jay! Thanks for the encouragement. My faith is so central to who I am and how I view the world that I don’t necessarily want to preach, but I want to be authentic about where I’m coming from.

  5. says

    You know Steve, I am always inspired by your articles … however, a person really does not have to follow organized religion to have values, a mission or goals … or to understand that attempting to benefit the easy way or off someone else’s misfortune is not a great idea. The principles you’ve shared here are excellent and common sense and not exclusive to Christians.
    marquita herald recently posted…A Week’s Worth of UndiesMy Profile

    • says

      Marquita, I really respect your for allowing me to express my worldview. You’re very correct in saying that the principles can be helpful for everyone. I appreciate your encouragement.

  6. says

    As a Christian, I agree that Christ needs to be the priority. I know some really rich Christians and they are extremely dangerous. I think God makes some Christians rich and then gives them the gift of generosity. They have an important role in the church to help push forward God’s work. I doubt I will ever make a million dollars, but if I do, I want to be generous with it.

  7. says

    Hi Stephen:

    If we can’t be faithful with a little we will never be asked to be faithful with much, right? Being the best managers of what we already have is the first step toward living a successful life.

    Thanks so much for your thoughts on this subject!

    Kevin
    Kevin Martineau recently posted…A unique program for managing your debtMy Profile

  8. says

    Making a million or more takes a lot of mental preparation. It takes getting into the mindset to succeed, and then once you achieve, to go further and not just stop. I think Bruce Lee once said and I am paraphrasing.. that there are levels of success and you cannot stop at the first plateau… you must keep working to achieve more.
    Nile recently posted…Blondish.net Podcast: Paid To Blog- Is It For You?My Profile

  9. says

    The title of this article moved me to click it and read about it! I know, this is not a million dollar question. This question has been around and i keep on clicking it. Thats lesson number 1. If i want to be rich I should stop clicking and start working instead! But hey, this article is worth the click! Good read!
    Stevie Smith recently posted…Ways To Make A Man Love YouMy Profile

    • says

      Stevie, I disagree with you. The fact that you clicked on it shows that you have a wealth mindset! And I know, from seeing how hard you work and what a great job you do, that you are well on your way to your first million :)

  10. says

    Great post, Steve. I love the way you included so many resources. I’ll have to read my way through those links! I’m a Christian, too, and I’d like to be a millionaire. I’d like to be able to give more money to my church, campaign contributions for righteous candidates, help the grandkids with braces and college, give more to my favorite charities … in addition to having more security for my husband and me. I’ll have to get working on that millionaire mindset. Thanks for sharing.

    All the best,
    Leslie Denning

    • says

      Thanks, Leslie. Those sound like some great goals for your wealth. I’m excited to see your progression beginning, and it’s great to see you on the blogosphere again :)

  11. John says

    I disagree about being a professional athlete being in the list of unlikely ways to make a million. The others are down to chance but the pro sport route is there for the taking if someone is willing to do the work and smart enough not to spend too much time going down blind alleys. Not being the right body shape or not tall enough or whatever else depending on the sport.. just excuses, look how many top athletes there are who did it against all odds. It is attitude and dedication that are most important.

    This is true of any route to success. Success is more than just wealth too. Wealth is just a possible side effect. If you spend your time chasing just wealth and neglect family and your health, getting your million might not be such a success! But some of the core Christian values should prevent this. Another thing, Jesus said if you want to follow him you need to give away all your money to the poor, our modern day version of that is to pay a bigger percentage of tax if you are lucky enough to be in the income bracket to do so. That means dodging taxes or trying to pay less especially in these times is just as dishonest and unChristian as stealing.

    • says

      John, thank you for your input. It’s great to hear you disagree and offer a well reasoned response. And you’re right about chasing wealth at the expense of family and health. Jesus also said, What good does it do a person to gain the whole world, yet lose his soul?”

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