What are Your Chances Of Becoming A Millionaire? - Isnt This Cool?

A quick calculation gives that as approximately .54% of the total population or about 1 in 190 - which isn't bad odds when you think about it!

Totaly agree!

I quite often have stupid ideas, and this maybe one

but to earn $1000,000 selling a product with a profit of $200, I would need to sell 5,000 of that product.

I am guessing the average person could not conceive selling 5,000 of anything

but could the average person consider being able to sell 100 of a product,if there was a huge market and this was backed with a proven system, maybe this sounds more feasible.

so focus your effort on selling 100 of this product in the shortest time period possible. Come up with a no brain solution, systemise it, test different strategies and automate as much as possible.

then do some beta testing. you will split the profits with your jv partner 50/50 I am sure a lot of people would like to earn $10,000 , especially if you can give them an easy to use formula, and will require minimum of effort on their part.

once you nailed the system and have social proof, take it to the market place, you would need 100 people that can follow your formula to make your $1000,000.

Perhaps an even easier strategy would be to approach businesses that already have a large client base and then do a jv partnership with them. give them an automated system which they can plug into their sales funnel.

so first focus on the system, and then focus on helping your jv partners to implement the system.

This is actually my goal by the end of 2012 if we're still alive.... we'll see. By then being a millionaire in USD might not be much to brag about lol.





Edit: Now that I see someone brought a year old thread up from the grave... To stop the PM's and emails.. no I didn't do 1 mill this year. I thought I was going to, but still a considerable amount away. Always next year.

Going to try to lock down a $500,000 year in 2012, so I will be half way there !!!
I have many friends of mine that make 7 Figures with Internet Marketing.

Another great fact like this I heard yesterday was:

"There is enough money in circulation for EVERYONE ONE OF US to have a Million pounds"

Pretty uplifting huh!

Isn't that 1 in 190 figure just showing one out of every 190 people is a millionaire? What does it have to do with your chances of becoming one? I feel that someone that is actually working towards becoming a millionaire has a much better chance than 1 out of 190 then right?

I guess it all depends on what you consider a millionaire....

Someone could have made a million in there working lifetime.
$25k a year at 40 years is a million.

Then, there is someone's networth.
Between all the assets they have a total net worth of a million.

Then there is liquid.
Where you look at someone's bank statement and it shows a million.

Which kind of millionaire do you wanna be?

So if that is true, then about 1 in 200 humans are millionaires? About .5%....

Good point, OP!

The chances of you becoming a millionaire are simple... either 100% or 0%.

Those who are willing to gain the knowledge and skill required to
become a millionaire and apply that knowledge and skill on a consistent
daily basis have 100% probability of becoming a millionaire... assuming they
don't die first.

Those who aren't willing to gain the knowledge and skill or apply it on a consistent
daily basis have 0% chance no matter what they do... the exception being the rare
individual who picks the correct lotto numbers.... lol

As with most things... becoming a millionaire is a choice... not a chance.

Becoming a millionaire is the easy part.

The hard part is staying one.

Yes it's more of a choice than a chance in relation to the correct and consistent application of your acquired knowledge If you're looking for "chance" Do the lottery!

Wonder how many of them are Internet Millionaires?