7 Tricks to Become a Millionaire

Whenever you close your eyes, do you dream about money? If you desperately want to become rich and own asset exceeding 1 million, then don't go anywhere else, here we have mentioned the 7 routes most people take to earn millions. Well, money is not something so hard to earn, you just have to use your brain, skill, talents and in least cases your luck to achieve large wealth. Let's have a look at the 7 best known ways of becoming a millionaire as reported by Unmaskingthemillionaires.com

Route #1: Owning a Business

Those who work hard and take bigger risk of starting and managing a business of their own, at the end of the day they are bound to get rewarded with attractive profits. Even if you start a business on a small scale with less investment, after some years of successful operation you can easily gather enough money to expand your business and earn larger profit. This is known to be one of the best ways of moving up to the ladder of wealth, and is often used by people with entrepreneur skills.

Route #2: Becoming a Senior Company Executive

The second route to earn millions is to work in senior levels of large business enterprises. Those who become a senior executive of a large corporation are not only paid better salary along with additional allowances but in some cases are also given a share in the profits of the company. Just like an icing on a cake, they are also offered bonuses and stock options. If you want to make to the top positions, what you require is a good educational degree, hard work and extraordinary managerial skills. After you have fulfilled all these criteria, then just wait for your turn of promotion.

Route #3: Being a Top Notch Professional

Nowadays, even professionals earn pretty well. For instance top notch Doctors, Lawyers, Engineers, Architects, Chartered Accountants and a host of other professionals charge heavy fees for their services rendered to their clients or customers. This route of gaining wealth is useful for people who hold a professional degree, have in-depth knowledge about their particular field of profession and have the potential to establish themselves as a top expert in their niche. You must know that, the top expert in any field earn 10 to 20 times higher than the average professionals.

Route #4: Being an Accomplished Sales or Marketing Person

If you promise to be a good sales person or a marketing consultant, this fourth route of wealth hoarding is all yours. You would be surprised to know that 5 percent of self made millionaires have used this route. It's even more surprising to note that most of them have never gone to college or hold a good degree. In this field, most sales people earn a commission on the sales that they generate. Hence, if you generate 10 million in a year and get paid at 5 percent, then the day won't be far enough when you will super rich. It is even very easy to this field, as not many companies will turn down your offer for selling their product on commission.

Route #5: Inheriting

Is your mom and dad super rich, and then there can be a chance of their legacy getting passed to you. Well, inheritance is a good means of earning wealth and asset without any hard work. But here one cannot completely rely on their luck for inheriting a family property, as in some cases parents donate most of their wealth to charity. Also remember, that inheriting has a major drawback, here you have no control on when and how much you will inherit. So don't waste your time sitting with of hope of getting rich on your daddy's wealth, just earn something of your own.

Route #6: Becoming a Top Movie or Sports Star

Since childhood, how many times have you desired to become like your favorite actor or a sports star? Innumerous times undoubtedly. Well getting inspired by these top movie or sports star can work to your advantage. If you can learn from them how to excel in this field and raise your bar (charges) in the market, it would be really great. Since you know this is a field of glamour and publicity, you must not get carried away by these glittering things and forget about your performance and your loving family.

Route #7: Winning the Lottery

Warning, enter this route at your own risk. Silicon India does not recommend its reader to experiment their luck and money in this field, as it does not provides you assured return, neither do it guarantees the refund of amount lost over lottery tickets. We have mentioned it here only because the maximum middle class people believe it to be one of the easiest ways to become a millionaire. However, you must not forget, it's a kind of gambling and can also hurt you emotionally and financially each time you lose a bet.