Can I Be A Millionaire Before 40?
After graduating 9 years ago, I targeted to be a millionaire by 30 years old! My strategy that time was to make as much money and to do that I joined various multi level businesses (MLM). After losing a lot of time and money, I realized that MLM is not for me. I’m not making any money at all. I’m tired and frustrated. It took me about 6 years to conclude that I’m not that MLM type of guy. This era, for me is named “Make Money 1.0” and it failed big time.
Then, the so called Web 2.0 emerge. Slowly and progressively I explore and learn about it, mainly through blogs and RSS. The more information I seek, the more I discovered. Now, I’m flooded with 9,213,793 GB of information – mostly stored in the E drive of my 10 months old HP laptop. I hardly have the time to read, comprehend, practice and make full advantage of the over spilled information. I need to divide my time between my new white collar career AND my potentially lucrative interest -> Make Money Online. At the same time, I need to balance the time for my family and religious affairs. So, can I manage?
My wife agreed that making money online is a better option for us, compared to the latter effort. The informal continuous online education program and BIG successful online TAIKO – OTAI – GURU (local and worldwide) inspires me to put more effort to reach my new medium term goal. After indirectly accumulating few thousand ringgit, I’m convince that this is the way… Making Money online is the master plan and strategy to realize my 7 figure income target. This is what I call “Making Money 2.0”.
I’m strategically planning and giving myself another 8 years to reach that point. In other words, I must make myself a millionaire by 40. Why another 8 years? I don’t want to exert extreme pressure to myself. I need to live myself as a normal human being too. I know my limits and capabilities. That’s why I want my target and time frame to be realistic.
Will there be any such thing as “Making Money 3.0”?
Maybe yes. It’s a matter of time and situation. The worsening global economic crisis surely impact the traditional industry and this may trigger other opportunities… which I don’t know…
Hmmm… OK, enough of my musing. That’s just me. I know a lot of you out there are younger then me. Yoo are fortunate to be living and growing in the web 2.0 age. Lucky you!!! You have the opportunity to be in the expensive millionaires club at a relatively tender age. I’m happy for you. That’s cool, for me, it’s better late then never.
p/s: If only I’m a left winger playing in the first team for the Red Manchester United Devil, I’m definitely a millionaire every month… 🙂