How to Become a Millionaire Before the Age of 30? Is That Goal Even Possible for Most People?

vacationing in Bali

riches and gold - on becoming wealthy

Today, I am going to tell you my story.

When I was a child I never thought I would ever find a job. One night I wrote a letter to my Dad (I guess I may have been in 5th grade). I wrote, “Papa, please never stop working. I don’t think I will ever get a job.”

My mom and bother asked me to show what I have written. I was so embarrassed that I tore the page. I had to struggle with them to do it. My brother and Mom wanted me to show it to them. It was kind of cute from their perspective that I wrote a letter to Dad. I ended up crying.

Well, this is when I was in Mihijam, a very small town in the eastern part of India. Years later I moved to America at age 21 as a Computer Engineering student. I took a big bank loan to fund my education. My family was not rich and I knew that I am accountable to every single dollar. The success or failure of my American Dream was in my own hands. I learned and accepted early on that I am 100% responsible for my own future success or misery.

I started working part time in College and building relationships with people in positions. I was a regular church goer during my college years. This saved me hundred of dollars and hours by staying out of drinking and partying.

I used to read a lot. I was big time into documentary films. But what really used to motivate me was writing and thinking about starting my own business someday. I used to come up with business ideas and discuss with my friends.

I was looking and I was a hungry young man ready for any challenge. One day, a young man in his mid thirties came with a Business offer and I was in awe. It was like God sent. It turned out to be Amway business. I joined and worked hard at it. At my peak I was almost halfway to Platinumship, the first ladder of Amway success chain. Amway did not work for me and my heart was not in the door-to-door sales, so I started to focus back on writing.

A year later, I started an IT company and was teaching college graduates healthcare and information technology. I also got a high paying job with Dell as Software Quality Advisor. For four years I worked a full time job with Dell and also ran my own side IT business. I made enough money to buy two rental properties back in New Delhi, India for $220K USD during the Indian real estate boom.

money bag

 

Since I carry no debt, I was able to invest heavily in the Stock market. I bought Apple shares when they were below $400 mark per share (before the stock split). I bought Medical Marijuana stocks at $0.09 and later sold at $0.20 a share. I had 60,000 stocks.

Two years fast-forward, I am still working as an Independent Senior Consultant, and I continue to write. Earlier this year, I published my first book“Naked Soul: The Erotic Love Poems” which surprisingly turned into a decent success.

I have two more books coming out later this year. I also offer one-on-one book marketing consultation.

I have no debt, my car is paid off and between my current stock portfolio, real estate investment, monthly rents and other investments, life insurance and savings, my net worth is approximately $1.03M USD (if I liquidate everything).

Having said it all, I also must add that I do not feel accomplished yet. My goals are higher and I am just beginning.

Hope my story provides some hope and direction. If you have any questions, please feel free to comment and ask.

Keep working hard where your heart is. The rest will come to you on its own.

 

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Do you want to become wealthy? Are you working on your goals or are you gonna give up? Tell me in the comments and I’ll try to answer your questions. The first 10 commenters are always my favorite and I like to personally communicate with them. So share your thoughts.

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10 comments

  • wetaka

    As a child my dream was to become a billionaire because of this I didn’t concentrate on sciences a lot am a writer but I dont know how to sell my writings and how to market them and the songs I write this is what I do at my leisure time am in my final year in university I dont love the course I do at first my dream of becoming a billionaire was moving but being at school I couldn’t handle the two am bit worried I may not make it again after making big losses I became broke. Please advice me I got great businees plans but I got no enough capital

  • Ray

    Thanks a lot for sharing!

  • Olawale

    I am Olawale, a graduate of business administration but over years now, there is no job and am only practicing photography and i dnt seems to fully like it anymore .i want a nice job or another business idea that i can venture into although no money now but i can stil get at least 500k conveniently. Thnks

    • Hi Olawale, you have already taken the first step and that is you realize that life is more than your degree and your current job or business. I would recommend you to take one small step each day. You can turn your photography into a bigger business by going digital. So besides doing photoshoots, also check out what you can do digitally. You need to create a system. And save money (whatever you can) and invest it so that your net capital increases which you would need and then extra for your solid business plan. Study the market, try to identify gaps and then come up with solutions. Last step: execute and implement. Good luck to you!

  • ifeanyi

    I want to make money but i dont have cash to start my own business.

    • Hi, you can start your business with very little cash or with almost nothing. If you have no cash but you think you have great ideas, talk to some of your friends who would like to invest in your business plan. Create a business plan and then approach these people who would like to help you and as well as be part of something cool that you have to offer. Good luck!

  • Oluyomi Samuel

    I am impressed when I read it. I have a vision but money is the problem. The country where I am is not encouraging. And no job for graduate. How can I make it? I am also a computer engineering student.

    • I hear you Oluyomi! Today we live in a global, flat world. Get yourself on Upwork and Freelancer. Create a profile and start offering your services to the ever growing global demand for talents and specialized skills. Also, you can begin the change in your country by starting a business and becoming an entrepreneur yourself.

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