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> How to become a millionaire in 3 years? I've said this before: statistically speaking you are highly unlikely to achieve this. In fact in my experience thos

by ErrantX 16y ago

> How to become a millionaire in 3 years? I've said this before: statistically speaking you are highly unlikely to achieve this. In fact in my experience those who set out to earn discrete amounts in a discrete time with no idea how to do it are those most unlikely to achieve it. The truth hurts. Others have said that setting a deadline is a good idea; which it usually is. Here is just limits your scope - very few things can earn you an initial $1Million in 3yrs, and most of them rely on luck or a lot of skill (and if you have that skill why are you here asking the question). With that out of the way there are sure fire ways to make a million: - work in corporate of finance positions, you can be on $100K+ in a few years with minimal effort and on bonuses shortly after. By living frugally you can earn $1Million in 5-8years no problem - find someone willing to "invest" $1 Million in you. Making another $1 Million with that is fairly easy if you are smart. But, ultimately, I think this falls well into the category of pipe dream :)

nobutyestoo 16y ago
Asking is a strong way of pursuing things. If you are able to ask yourself and others like you then you are doing it right. Don't be afraid of those who think that this is impossible. Ask yourself how to avoid thinking that it is impossible as a first step to make it possible.
- ErrantX 16y ago
  > If you are able to ask yourself and others like you then you are doing it right. Maybe. In a very small number of cases. Most of the time it is people either a) struggling to come up with ideas or b) trying to figure out a way to solve their dream with minimum effort. > Don't be afraid of those who think that this is impossible. It's not technically impossible. But setting out to make $1Million in 3 years is generally a non-optimal approach. I'm a realist in the sense that I figured out a long time ago that truly impossible goals are worthless and, generally, counter productive. Here's an example of how to fix that; one of my long term goals is to go into Space. This is technically feasible now, but to do it I'd need a few million $'s - so that's a good hack, I can work to achieve my goal through some means and the money should be incidental to that. But it is not limiting because I may find another way to achieve this goal without the cost.

by ErrantX 16y ago

nobutyestoo 16y ago

Asking is a strong way of pursuing things. If you are able to ask yourself and others like you then you are doing it right. Don't be afraid of those who think that this is impossible. Ask yourself how to avoid thinking that it is impossible as a first step to make it possible.

ErrantX 16y ago
> If you are able to ask yourself and others like you then you are doing it right. Maybe. In a very small number of cases. Most of the time it is people either a) struggling to come up with ideas or b) trying to figure out a way to solve their dream with minimum effort. > Don't be afraid of those who think that this is impossible. It's not technically impossible. But setting out to make $1Million in 3 years is generally a non-optimal approach. I'm a realist in the sense that I figured out a long time ago that truly impossible goals are worthless and, generally, counter productive. Here's an example of how to fix that; one of my long term goals is to go into Space. This is technically feasible now, but to do it I'd need a few million $'s - so that's a good hack, I can work to achieve my goal through some means and the money should be incidental to that. But it is not limiting because I may find another way to achieve this goal without the cost.