Tag Archives: how to become a millionaire
Nina Vaca arrived at Los Angeles at the age of two as an immigrant from Quito, Equador. The goal of her family was to build up a business where all their children will not find it difficult to participate. Vaca observes today that her father had once stated, ‘the key to American dream is through entrepreneurship’. But perhaps Mr. Hernan Alfredo Vaca did not imagine that his daughter would evolve as a fantastic entrepreneur just at the age of thirty-five. Nina Vaca’s Pinnacle Technical Resources is an information technology business that had a reported turnover of $60 million in 2006.
After arriving at America, Alfredo started a travel agency and planned to have five chains of the same for his five kids. The children were required to take a bus downtown in order to witness the progress and working of the family business. After Nina’s graduation, Alfredo got killed in a robbery and decided to put the company for sale while she did her major in business from the Texas State University.
She discovered her ‘talent for attracting clients’ while she was working with a technology company in New York and Dallas. At 25, she opened Pinnacle and began recruiting IT talent for companies that required aid to administer their computer systems. She had found out a way on how to become a millionaire.
Ben Way believes that he was a nightmare child and was born in Devon, England. His father was an accountant and his mother was an artist. At nine, he was diagnosed with dyslexia. He was presented with a laptop by his father and within a very short span of time; Ben managed to learn the computer applications. It was the beginning of the computer age and Ben was already well aware of the intricacies of the machine. This offered him the directive on how to become a millionaire.
The parents of his friends wanted to learn computers and they approached him for help. Ben began to charge 10 Pounds for an hour of teaching. This was the humble beginning of a full-fledged computer consultancy business, which was slated to evolve as a millionaire game. The school students approached him for classes and his annual turnover was over 20,000 Pounds! This was a business that Ben ran for three years and at 16, he left school in order to concentrate on this business completely.
He evolved as a millionaire and greatly enjoyed being a part of all those chat shows. Ben was paid a six-figure salary by investors from New Jersey. It was total change of lifestyle for Ben, but then the Dotcom bubble frizzled out and he landed in a soup. In 2002, Ben established Rainmakers and again succeeded in re-establishing himself as a self-made millionaire. He deals with product ideas related to all kind of technology.
A millionaire image has always been associated with private jets, collect cars and a flashy lifestyle. But, a lot of the modern day millionaires love to reside in middle-class neighborhoods and work full-time. Being a millionaire allows one to make unrestricted decisions. During the last decade, the number of millionaires almost doubled. There are certain common traits that ought to be inculcated if you want to know how to become a millionaire. In countless millionaire success stories, you’d find that the respective person must learn to think big. Dreaming big will always act as a motivation. They commonly observe that fear of dreaming big prevents people from taking even calculated risks. They therefore stand to lose on available opportunities.
Like, Jeff Harris used to be a grocery store clerk in his earlier days but, his world seemed to change once he came across a stock-broker at a Christmas party. He decided to invest $25 in a mutual fund every month. This along with few other judicious decisions has made him an investment adviser and a multi-millionaire in South Carolina.
In order to become a millionaire, one needs to educate himself on the opportunities so that he can reap the maximum benefits. Then, a lot of millionaires opined that being passionate, having a heart to overcome the obstacles, reinvesting in ones’ hobby can enhance the investment capital. And, the biggest secret is to perhaps curtail the expenditures.