Thursday 25 July 2019

Eight Ways to Make Your First Million Dollars/Ringgit!



Dharmesh Shah (of HubSpot) lists eight ways to becoming a millionaire:

(i) stop the obsession on money
- shift your perspective, see money as not the primary goal but a byproduct of doing the right things!

(ii) start tracking how many people you can help
- work hard to make others successful – employees, customers, vendors, suppliers, and if they can do that then success will follow.

(iii) start serving a million people
- find a way to serve lots of people and benefits will follow. And serve them incredibly well and the money will follow.

(iv) see making money as making more things
- there are two types of people:
(a) those who want to make the money and it doesn’t matter what they do; and
(b) those who want to make more things, improve product/service, and extend their excellence.
“We don’t make movies to make money, we make money to make more movies” – Walt Disney.

(v) do one thing better
- pick one service/product you are better than most people. Just one thing! Work, train, learn, practice, evaluate, refine and sell.

(vi) get a list of world’s best 10 people doing the one thing right
- use their criteria for your own progress to being the best
- the new nomenclature suggests, “benchmarking”

(vii) track progress
- measure, measure, measure

(viii) build routines for progress
- try to take small steps daily to the final goal. And stick to the routine – whether it is marketing, selling, developing or processing. Refine, revise and adapt.

One day you will be world class because you focused, re-invented, kept the faith! Then without really noticing you are a millionaire.


Reference:

Jeff Haden, 8 Surprising Ways to Make Your First Million Dollars www.inc.com

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