1 Focus on earning:

"In today's economic environment you cannot save your way to millionaire status," writes Grant Cardone. "The first step is to focus on increasing your income in increments and repeating that." Read about 50 ways to bring in additional income, some high-paying jobs you can do on the side, how you can earn passive income, and the first step to take before starting any business...

2 Develop multiple streams of income

One way to earn more is to increase your streams of income. The more income streams you can create in life, the more secure will your financial house be.

3 Save to invest, don't save to save

The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income).

4 Don't show off — show up

"I didn't buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income," writes Cardone. "I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy."

5 Change your mindset about money

"Getting rich begins with the way you think and what you believe about making money," self-made millionaire Steve Siebold explains.

At the end of the day, "The secret has always been the same: thinking," he emphasises. While the masses believe becoming wealthy is out of their control, rich people know that making money is really an inside job."

6 Invest in yourself

Read at least 30 minutes a day, listen to relevant podcasts while driving and seek out mentors vigorously. You don't just need to be a master in your field, you need to be a well-rounded genius capable of talking about any subject whether it is financial, political or sports related. Consume knowledge like air and put your pursuit of learning above all else."

Many modern-day successful and wealthy people are voracious readers. Take Warren Buffett, for example, who estimates that 80% of his working day is dedicated to reading."

7 Set goals and visualise achieving them

If you want to make more money, you have to have a clear goal and then a specific plan for how to achieve that goal. Money won't just appear — you have to work at it.

Rich people choose to commit to attaining wealth. It takes focus, courage, knowledge, and a lot of effort, self-made millionaire T. Harv Eker emphasises, and it's possible if you have precise goals and a clear vision: "The number one reason most people don't get what they want is that they don't know what they want. Rich people are totally clear that they want wealth."

8 Start hanging out with people you admire

The idea is to surround yourself with talented people who share your vision, because the alignment of several smart and creative minds is exponentially more powerful than just one.

Plus, we become like the people we associate with, which is why the rich tend to associate with others who are rich.

9 Shoot for 10 million, not 1 million

"The single biggest financial mistake I've made was not thinking big enough," writes Cardone. "I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough."
http://www.independent.co.uk/life-style/9-things-to-do-in-your-20s-to-become-a-millionaire-by-30-a7377801.html?cmpid=facebook-post

CORRECTIONS

1 Focus on Learning: This is the only way YOU CAN EARN CONTINUOUSLY WITHOUT FAIL... Learn the TRICKS of the TRADE.

2 Develop ONE stream of income: Yes everyone says MULTIPLE streams but its very wrong to start out with many businesses BECAUSE not everyone is a MANAGER... all you need to do is MASTER ONE and you will be able to flow to others over TIME.... ONE business must be the BASE of your EARNINGS while others are still trying to start. COOKING many dishes at the same TIME will only lead to waste and loss of details.

5 Change your mindset about money= MONEY IS YOUR SLAVE..... Send it on INVESTMENT ERRANDS.

8 Start hanging out with people you admire: This RULE can not work in NIGERIA because the people you admire are also admired by EVANS and fellow thieves and kidnappers ... SO such people will never allow you associate with them unless you already have what they admire.... Instead of this, HANG AROUND PEOPLE WHO HAVE INFORMATION in the direction of your VISION.... either you READ THEIR BOOKS, ATTEND THEIR SEMINARS or WATCH THEM

These corrections are not BIASED but BASED on Nigerian Economy and not some FOREIGN BLOG, These are the practical steps to your first millions in naija

greatnaija01:
CORRECTIONS

1 Focus on Learning: This is the only way YOU CAN EARN CONTINUOUSLY WITHOUT FAIL... Learn the TRICKS of the TRADE.

2 Develop ONE stream of income: Yes everyone says MULTIPLE streams but its very wrong to start out with many businesses BECAUSE not everyone is a MANAGER... all you need to do is MASTER ONE and you will be able to flow to others over TIME.... ONE business must be the BASE of your EARNINGS while others are still trying to start. COOKING many dishes at the same TIME will only lead to waste and loss of details.

5 Change your mindset about money= MONEY IS YOUR SLAVE..... Send it on INVESTMENT ERRANDS.

8 Start hanging out with people you admire: This RULE can not work in NIGERIA because the people you admire are also admired by EVANS and fellow thieves and kidnappers ... SO such people will never allow you associate with them unless you already have what they admire.... Instead of this, HANG AROUND PEOPLE WHO HAVE INFORMATION in the direction of your VISION.... either you READ THEIR BOOKS, ATTEND THEIR SEMINARS or WATCH THEM

These corrections are not BIASED but BASED on Nigerian Economy and not some FOREIGN BLOG, These are the practical steps to your first millions in naija

This may not be a correction after all. It may just be a different belief as even your points here are not perfect. For example, even in the Nigerian economy, it is highly possible to have multiple streams of income CONCURRENTLY.

yes you are so right, I only stated carefully that YOU SHOULD START WITH ONE. no man can run on 5 lanes at the same time.... check my post again... its very PRACTICAL

phoenixthefirst:

This may not be a correction after all. It may just be a different belief as even your points here are not perfect. For example, even in the Nigerian economy, it is highly possible to have more streams of income CONCURRENTLY.

greatnaija01:
yes you are so right, I only stated carefully that YOU SHOULD START WITH ONE. no man can run on 5 lanes at the same time.... check my post again... its very PRACTICAL

Okay, I got it now. But if you check my post again, I never said one should begin with multiple streams of income. It's good advice, though, to begin with one before adding more streams.

greatnaija01:
CORRECTIONS

1 Focus on Learning: This is the only way YOU CAN EARN CONTINUOUSLY WITHOUT FAIL... Learn the TRICKS of the TRADE.

2 Develop ONE stream of income: Yes everyone says MULTIPLE streams but its very wrong to start out with many businesses BECAUSE not everyone is a MANAGER... all you need to do is MASTER ONE and you will be able to flow to others over TIME.... ONE business must be the BASE of your EARNINGS while others are still trying to start. COOKING many dishes at the same TIME will only lead to waste and loss of details.

5 Change your mindset about money= MONEY IS YOUR SLAVE..... Send it on INVESTMENT ERRANDS.

8 Start hanging out with people you admire: This RULE can not work in NIGERIA because the people you admire are also admired by EVANS and fellow thieves and kidnappers ... SO such people will never allow you associate with them unless you already have what they admire.... Instead of this, HANG AROUND PEOPLE WHO HAVE INFORMATION in the direction of your VISION.... either you READ THEIR BOOKS, ATTEND THEIR SEMINARS or WATCH THEM

These corrections are not BIASED but BASED on Nigerian Economy and not some FOREIGN BLOG, These are the pra ctical steps to your first millions in naija

Lol...I love this bro.

Op just copied and pasted a foreign jargon and posted here.

I guess yours is more practical

Most things that work abroad, don't work here in Nigeria.

Worwor:
Most things that work abroad, don't work here in Nigeria.

But these points work anywhere in the world. Dangote has multiple streams of income. I'm sure he also keeps a company of the gentry. He must think big too. These things work anywhere in the world. In the thread, the sixth point is to invest in oneself. Doesn't investing in oneself work in Nigeria? It sure does.