Later, while he was still attending University of Texas, he

How To Become a Millionaire

At age 12, Michael Dell earned his first $1000 by canada goose jacket outlet sale selling stamps and newspaper subscriptions for a newspaper company called Houston Post. Later, while he was still attending University of Texas, he started computer business selling personal computer directly to consumers, at prices much lower than retail stores. He became a millionaire when he was 19 years old. He then dropped out of university to focus on his business. Five years later, his company, Dell reached canada goose outlet store calgary revenue of $258 million. As of February 2012, Forbes estimates Dell’s net worth canada goose outlet 2015 at $15.9 billion.

canada goose clearance sale In an interview with Academy of Achievement, he advised the young entrepreneurs: “You’ve got to be passionate about it. I think people that look for great ideas to make money aren’t nearly as successful as those who say, ‘OK, what do I really love to do?'” canada goose clearance sale

The beauty of doing something you really love is : you will love to do it with all your heart, putting in your best effort, and persevere despite hardship. The success rate is much higher than doing something that you do not have passion for.

Steve Jobs have such strong impact on many people life. His innovations have changed nearly every aspect of computers, movies, music and mobile industries. He once said, “People with passion can change the world for the better.” Another time he was asked about the advice he would offer to the would be entrepreneurs, he said, “I’d get a job as a busboy or something until I figured out what I was really passionate about.” That’s how much passion meant to him. This step can be your major stumbling block canada goose outlet store montreal to overcome, and you may find yourself giving up the idea of becoming a millionaire. You will canada goose outlet orlando be thinking that it is just too hard. Well, don’t think too much or too hard. Have a brain storming session, write down as many possibilities as possible. When you have the list, go through the list, and start planning the business for each item listed. Consider the investment cost, the source and availability of the materials, the product manufacturing process (if applicable), then decide on the selling price, and finally think of all the marketing strategy. As you go through this process for each possible item that you have listed, cross out the least feasible business, and narrow down your list to one or two. Don’t worry too much over whether your business would be successful, since it is your first venture. You can always try again if it didn’t work canada goose jacket outlet uk out well. No millionaires in this world succeed in their first business attempt. The success will only come when we persevere, work hard and endure till we reach our target.

Cameron Johnson became a millionaire before he finished high school. He started his first company at 9 years old, making greeting and invitation cards from his home using his own computer. At age canada goose outlet buffalo 12, he made $50,000 a year selling Beanie canada goose outlet toronto address Baby Collection. He launched a dozen of websites before he reached 20 years old, making millionaire of dollars. Cameron is always interested in making money, and he can sell anything placed in front of him. His advice to young entrepreneurs: “Put yourself out there. Get started, do something and start small. The lower your startup costs, the easier it is to find profitability. Create value for others, and you’ll be rewarded.”

Find Out Why Other Businesses Fail

cheap canada goose uk Michael Dell, Cameron Johnson and Steve Jobs must be lucky to be millionaires, you may think. Well, partly. There are many reasons why some people fail in their canada goose factory outlet vancouver business ventures. It would be a good idea to find out these reasons and avoid it before it happens to you, wouldn’t it? Learn from others and you will be better prepared. If you google the internet, you can read many business failure stories. Write down all the pitfalls and things to consider and be mindful of them when you start your business. It costs less when you learn the mistake before you make it than after you make it. cheap canada-gooseoutlets canada goose uk

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Success in life is simple. It is not easy, but it is simple. People make it complicated. Not everything, but many of the most important things in life that we need to know we have learnt it in kindergarten. These are the simple rules to lead a successful living in life :

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4. Treat others the way you would like to be treated.

5. Be generous in using the word “Thank You” and “Please”

6. Greet each day with a smile. Think happy thoughts, do happy deeds.

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8. Make a commitment to excel in whatever you do.

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10. Love life! Have fun in whatever you do.

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