Home » Business » These are the 10 ways to make a million dollars

These are the 10 ways to make a million dollars

People are constantly inquiring about the different ways to get more income, as they understand the importance of not having just an economic income to support their homes. If you are looking for how to make $ 1 million dollars, read on.

  1. Create an attractive app and advertise in it

A clear example that this works is the case of Dong Nguyen, who created the popular game “Flappy Bird.” According to Business Insider, the video game developer made up to $ 50,000 per day with his free app thanks to the banner ad he used.

  1. Start a business taking advantage of technology

Starting a business can be one of the best methods to earn up to more than $ 1 million dollars. Take advantage of the “boom” of e-commerce and social networks. You can create a web development company, analysis, creation of UX or UI strategies, digital marketing, etc.

  1. Innovate a product that is required in all homes and offices

Do you want to sell a highly necessary product but are afraid that they will not buy from you? Innovate! The importance of innovating in the market has been demonstrated, as this offers a different option than what everyone is used to.

– Sponsored –

For example, Jake Zien positioned his sales website by creating a flexible or multi-tap outlet called “Pivot Power”, a product that can be adapted to virtually any flat surface. With the sales that the young man made, he managed to earn more than $ 2 million dollars in 2010.

  1. Create a business as coaching

You would be impressed to know how much money is being invested in coaching businesses. If you are passionate about a subject and want to teach it, you can pay for a course that allows you to learn all the necessary tools so that you can teach.

If you are good, each month you can offer your advice and earn large sums of money.

  1. Create a digital book as a “freelance” writer

Would you like to be a freelance writer and earn thousands of dollars for it? That’s what happened to American Amanda Hocking, who was the best-selling “freelance” writer on the Amazon Kindle.

The woman did not have a publishing or publishing contract and, therefore, was able to keep 70% of the sales of her books. Each copy of his creations cost between $ 1 to $ 3 and he sold an average of 100,000 copies a month.

  1. Buy shares when they are not expensive

If you like to invest in stocks, take the opportunity to buy them when they are not so expensive, because apart from saving some money, with the rebound, you can earn even a much more considerable value than you invested.

If you need advice, you can contact a broker so they can tell you which stocks you should invest in.

  1. Invest in real estate

In other Q’PASA articles we have told you about the importance of investing in real estate, as this market is valued annually. If you have a good capital saved, you can ask for a mortgage and buy a building to rent several rooms or apartments.

It may take a while to earn $ 1 million, but over the years, you can surely make more than this amount.

  1. Design graphic packages

Have you seen the design and creation of graphic packages for independent brands go viral? If you are an expert designer and you love to create and capture the creative concepts of your clients, you should try to make an undertaking designing graphic packages.

Also, if your work is captivating, you will surely not only stick with the startups, but also collaborate with the big companies.

  1. Become an influencer

Influencers are currently some of the people who earn the most money. The best instagramers earn great sums for history. According to USA Today, an influencer with 1,000,000 active followers could charge up to $ 100,000 for a story. In case many brands want to advertise with you, you can earn even more than $ 1 million per month.

  1. Develop algorithms to find opportunities in different skills

This is why many people will want to pay! You could even become the next “Octopus Paul.” You remember? The animal that was used as an “oracle” to predict the results of the 2010 Soccer World Cup.

If you are very good at predicting results in races, games and others, you can create an algorithm that allows you to “know” what the results of the different games and competitions will be. Many bettors would pay for your algorithm.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.