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FROM MY MAIL: REASONS YOU ARE NOT YET A MILLIONAIRE

Hello Sly,

It's been a while since I wrote you.

Today, I want to give you some short tips
on the reasons why many people are still
struggling and not yet millionaires.

Here are the reasons I came up with.

1. Too Afraid To Take Calculated Risks

Not giving opportunity a chance. Many people
are risk averse, and not willing to take
up opportunities because of fear of losing money.

It's always a better choice to seek out opportunities
in whatever form and take it up.

Instead of allowing the fear of losing money hold
you down from moving ahead financially, I would advise
you to have this mentality...

"Take Risks, if you win and become successful in the
process, you will be happy; if you lose, you will have
learnt one way not to lose again"

Learn from your mistakes in opportunities, and you
will win the next time.

If you don't take risks, you won't be able to learn
these success secrets hidden in failure.

2. Not Knowing How To Sell Anything

You see making money is very easy if you know how
to sell.

If you want to become a millionaire in the nearest
future, master the art of selling.

And when it comes to the internet, selling becomes
easier. Even a shy person who fears selling can do
so seamlessly online.

What does it take to become a millionaire selling
products?

If you can sell a product and make a profit of
N10,000 per unit sold, all you need to make
a million Naira per month is selling 100 units.

If you can sell 50 units per month, that is N500,000
per month.

If you continue at this pace and do it successfully
for 6 - 12 months, you're already a millionaire as
you would have netted a total profit of 3 - 6 million
in that period of time.

And to sell 50 units of a product per month requires
that you build an email list of just 2,000 people and
convert only 2.5% of it to buyers.

This is very easy to do, if you know what you're doing.

Many people can convert up to 7% from the same list in
a 3 - 4 month period.

3. Depending On One Source of Income

If you have a salary job, and that is the only
source of income for you, you're sitting on a
ticking time bomb.

If your boss offers you a sack letter, you're income
stops immediately.

As a wise person, it's always good to have a plan B,
and Plan C, if any of your income sources dries up.

If you rely on only one income source, your chances
of becoming a millionaire is slim to none.

It's time to wisen up, and create a secondary revenue
channel.

Brainstorm on ideas for extra revenue stream.

Here are few options you can consider...Write a book and sellTry consulting services for what you know how to doOpen a side business, online or offlineCreate services you can offer to peopleYou see, as long as you're guilty of any/all
of these 3 reasons, becoming a millionaire will
be a problem for you.

In our current economy, more than ever before,
it's now an absolute necessity to have a secondary
income stream.

That's my tips for you today. I hope you find it
helpful.

Speak soon,

Joe Okoro

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