How to Become a Millionaire Before the Age of 30?
Today, I am going to tell you my story. Well, not everything but a small chapter of it.
When I was about 9 or 10 years old, I always thought I would ever find a job. As a kid watching my dad go to work and do office work was beyond my intellectual capacity and therefore I mistakenly believed that I can never do a job. I am just not qualified.
One night I wrote a letter to my Dad. I think I wrote something like “Papa, please never stop working. I don’t think I will ever get a job.”
My mom and brother asked me to show what I have written. I was so embarrassed by the fact that I admitted I am totally unqualified 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 the US to continue my education in Computer Engineering.
I took a small bank loan to fund my education. My family was middle class 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 failure.
I started working part-time in College and building relationships with people in positions. I was a regular churchgoer during my college years. This saved me hundreds of dollars and hours by staying out of drinking and partying.
In hindsight, spirituality saved me both time and money and it helped build a rock-solid foundation for my future growth.
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 them with my friends.
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 the Amway MLM business. I joined and worked hard at it. At my peak, I was almost halfway to Platinumship, the first step of Amway’s success ladder.
Well as most MLM stories end, Amway did not work for me and I went back to focus on reading and writing.
A year later, I started an IT company with one of my college friends, and part-time I was also teaching new graduates healthcare and information technology.
Around the same time, I got a high paying full-time job offer with Dell as Senior Software Quality Advisor.
For three years I worked at Dell and in parallel ran my own side IT business. I made some money that allowed me to buy two real estate properties in Noida, India for $150K USD during the Indian real estate boom.
Since I carried no debt at this point in my life, I was also 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 tons of Medical Marijuana stocks at $0.02 and later sold at $0.30 a share.
Fast-forward to today, I am still working as an Independent IT 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 big success in the Love Poems category on Amazon.
I have two more books coming out soon (they are currently being edited). 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 investments, other investments, 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. Most of this money is tied to non-liquid assets such as Real Estate and Gold. Moreover, my goals are higher and I know this is just the beginning.
Hope my story provides hope and inspiration to some of you who may be thinking out loud that if they can make it.
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.
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.
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!
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!
Thanks a lot for sharing!
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
Hi Wetaka, I totally hear you. Please check out my blog post which tries to cover this. (http://nakedsoulpoems.com/how-to-make-money-online-ebooks-blogs-podcasts-youtube-a-business-model-example-that-works/).
I would also recommend to find a good paying job and work on your passion in night and during weekends. Don’t dive deep without first having solid plan and financial backing. Trust me, when the time comes, you will need all the money you have for promotion and marketing. For now, focus on guerrilla marketing.