I might have named this post ‘How To Make $1million’, but it’s a very sad fact that I haven’t actually made $1million, yet!
You see, a lot of people think they’d like to make $1million, but they don’t break it down and consider how they can make that happen.
So, late last night, I decided it would be a good idea to work out how I could make $1million.
The first thing to do, was to make it sound realistic to myself. Just saying, yep, $1million please, just doesn't sound very realistic, so I broke it down.
Here's what I came up with...
I worked out I'd need 20 sites making $50 a day each. That works out at $1,000 a day, $7,000 a week, $28,000 a month and $336,000 a year!
So, say it took one year to get the site up to this level, I could then run the site for 2 more years, earning $672,000 and then sell the site for 12-24 months revenue, which would have surpassed the $1million mark!
Well, it might sound a bit more realistic now, but how are we going to actually do this? 20 sites each earning $50 a day.
Aim low achieve low, aim high achieve high.
*This is an introductory post to a detailed plan I'm creating. Obviously it's not going to be a guaranteed $1million if you follow it, we can all dream of that.
However, the aim of this is to inspire people to come to their own conclusions, give yourself ideas based on my ideas.