A person who holds more than million dollars (USD) of asset
value such as property, stocks, vehicles and cash in the bank. At least 90% of
the people in this world definitely have the thoughts to become millionaire at
any point in their lifetime. Next question arises in everyone mind is it
achievable and if so then how to become millionaire.
Let we breakdown it to three ways to become millionaire:
- · Side lane
- · Slow lane
- · Fast lane
These three ways help people to achieve the millionaire
status in some point of their life. What are these lanes and what it actually
means?
These lanes are paths to the same goal, it is like travelling
to same destination via different ways. We will explain each of these lane and
what it actually takes in these lane. First one is side lane in our list.
Side lane
If you got athletic ability then you can choose the side
lane. Side lane is the path for people who have prominent performance in the
sports. If you know boxing well then you can spend more time on practising the
boxing and earn millions of dollar in a match. Problem with this lane, people
who perform well in the sports not getting received pay cheque after they stops
play due to poor money management. We can give hundreds of athletes’ name who not
get paid after their heyday or peak time ended.
Pros of side lane:
Reaching greater fame in short period.
Even earn millions per year and million for each season.
Cons of side lane:
Prime time or peak time is very much limited.
Sports person most of the time have poor money management.
Slow lane
Slow lane is very easiest way to become millionaire but it
is also the slowest way to reach destination. This is for general population
who lacks athletic ability and creative thinking. Joining a good institution
and study any craft or interested course and getting job as office worker. If
they save five to ten percentage per year, then invest them in banks and
stocks. It will yield them millionaire status during retirement time.
Pros of slow lane:
Steady growth
More chances of reaching the goal
Cons of slow lane:
Reaching time of the goal is almost take lifetime.
Fast lane
This is rocket speed lane. In this lane, you need to give
more value for the society so that it will return. Take the examples of Gates,
Jobs, Musk, Zuckerberg and Page: they all give more to the society. If you have
the creativity, dedication to the core will give you the leading edge. Suppose if
you solve the cure for diseases like cancer and AIDS. Then you will become not
just millionaire and end up as billionaire.
Pros of fast lane:
No need to wait for life time to reach the goal.
Enormous wealth in short span.
Cons of fast lane:
Only thing is you need to be very hard worker and risk taker.
Most of the time end up in spending more time on research, study the needs and
focus more time on business meeting which includes satisfying the customer,
investor and your employees.
Conclusion
Please choose wisely and reach your goal.
Becoming millionaire is in your hand, your decision only makes what you are
going to be. But the last lane even make you billionaire. Post by
newWorld
3 comments:
wonderful article.
Thanks for sharing.
why scientist are unable to use fast lane?
why so?
@albert, I agree your point. But actually scientists are able to earn million dollars for their invention and they are using fast lane. And they are not making billion dollars, which you mentioned as scientist are not making fast lane.
Thanks for the comments.
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