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The first is become an entrepreneur, the number on road to riches at the head of the list is entrepreneurship, starting and building a successful business. Entrepreneur includes every king of business from farming and trucking to real estate and computers. In fact 75 percent of self-make millionaires in the United States going back 200 years come from cell phone businesses. A person starts with an idea for a product or service turns it into a business. Buildings it up from the ground floor and as result becomes wealthy.
Haney Ford, Andrew Carnegie, Bill Gate and Larry Ellison are all people who stated with little or nothing and built their own successful businesses. And there are millions of others.
The second way to become wealthy is to work your way up. Another way to become riches is a highly paid executive of a successful company or as an employee of a company that awards stock options that become valuable. Ten percent of self-made millionaire in the US are people who have joined large corporations or companies that become large and worked for those companies for many years.
They usually worked hard, were promoted and paid well, earned stock options, bonuses and profit sharing. And as a result of holding on to that money. They became millionaires and even multimillionaires. This is not only counting those people that started in high rank positions by the way. It is true for employees that started as secretaries and programmers who received valuable stock options easily on in their career and then become very wealthy after exercising them.
The third way to become wealthy is to become a professional. A major source of self-made millionaires consists of professional people includes doctors, dentists, layers, architects, engineers and others with advanced degrees, who can charge high fees for their services. These people earn their degrees dedicate themselves to becoming very well at what they do, rise to the top of their professions, earn high incomes and then hold on to the money. Ten percent of self-made millionaires in the US fall into this category.
The fourth way to become wealth is to get into sales. An important source of self-made millionaires is sales people and sales consultants. Five percent of self-made millionaires I the US are people who are experts and at the top of their fields in selling. They never started their own business few of them went to college or earned professional degrees. Instead they became good at selling product or service and were paid very well for doing it. In addition they managed their money well as everyone should investing it intelligently and made it grow until they were millionaires or better. Now we are left with the types of people who make up the remaining less than one percent of self-made millionaires. One percent includes all the people, who make their money in show business sports throughout the authorship of books and songs. As lottery winners and all other sources.
Unfortunately because this group gets so much publicity, many people think that they are typical of the people who get rich, the fact is that they are quite rare. The majority of us will have to choose a more practical conventional path and although if may not lead to overnight success, success it is still entirely possible and realistic for you. To reach this level of wealth and security, in fact not only is it possible but you have complete control over whether or not it happens.
