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What do Millionaires do for a Living?
Here are the 4 proven paths to your first million
The 4 paths to Millions
For those of you who have ever wonder the question, “how did Millionaires make their first million” i’ve summarized everything you need to know!
Tim Corey, author of “Rich Habits” researched how millionaires made there money and put them into 4 categories
1. The Saver/Investor
This is the easiest and safest path to wealth especially if you're able to start young. Investing 5,000 a month at a return of 10% would turn into 1 million in ten years.
2. The Dreamer
The dreamer is someone working endlessly on a business, project, or goal often failing repeatedly overtime until they succeed. This while not always can be one of the fastest ways to achieve wealth
Did you Know
67.7% of Millionaires are self made
3. The Company Climber
This is the old fashioned yet highest % of self made millionaires. Staying with a job and climbing the ranks to the top is a long yet safe way to increase your income over a long period.
4. The Skilled Path
This is where we find the Doctors, Layers, Accountants, and other high skilled careers. This path can be expensive and time consuming as the average doctorate degree requires 4-6 years along with the average cost of $150,000, but once completed can be very rewarding in the long run.
The 5 industries that produce the most millions under 50
Banking and Finance
Technology
Hospitality and Entertainment
Consumer and Business services
Real Estate
These are the most safe and proven ways to achieve wealth overtime, but… If you're looking for that secret millionaire syrup to finding a faster path to achieve millions, subscribe to learn how.