Skip to main content

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

Labels:

Comments

Post a Comment

Popular posts from this blog

The Sphere

Photograph by Elena Saavedra Buckley. Once when I was about twelve I was walking down the dead-end road in Albuquerque where I grew up, around twilight with a friend. Far beyond the end of the road was a mountain range, and at that time of evening it flattened into a matte indigo wash, like a mural. While kicking down the asphalt we saw a small bright light appear at the top of the peaks, near where we knew radio towers to occasionally emit flashes of red. But this glare, blinding and colorless, grew at an alarming rate. It looked like a single floodlight and then a tight swarm beginning to leak over the edge of the summit. My friend and I became frightened, and as the light poured from the crest, our murmurs turned into screams. We stood there, clutching our heads, screaming. I knew this was the thing that was going to come and get me. It was finally going to show me the horrifying wiring that lay just behind the visible universe and that was inside of me too. And then, a couple se...
Post a Comment
Read more

The Historical Future of Trans Literature

  Whatever happens against custom we say is against Nature, yet there is nothing whatsoever which is not in harmony with her. May Nature’s universal reason chase away that deluded ecstatic amazement which novelty brings to us.  —Michel de Montaigne If you were trying to get anywhere in the late thirteenth century, the Hereford Mappa Mundi would not have been particularly helpful; the map is rife with topographical omissions, compressions, and errors—the most egregious of which is perhaps the mislabeling of Africa as Europe and vice-versa. Of course, as any medievalist will tell you, mappa mundi were not intended for cartographic accuracy anyway. Rather, they were pictorial histories, encyclopedias of the world’s mythological and theological narratives, records of medical fact and fable. Notable places—Carthage, Rome, Jerusalem, Alexandria, Jericho—appeared, but their placement on the map emphasized their symbolic import, rather than their geographical specificity. Thus, ...
Post a Comment
Read more

A Year in Reading: Daniel Torday

I’ve been on leave from teaching this year, so it’s been a uniquely good 12 months of reading for me, a year when I’ve read for only one reason: fun. Now when I say fun … I’m a book nerd. So I tend to take on “reading projects.” The first was to work toward becoming a Joseph Conrad completist. I’m almost there. I warmed up with critic Maya Jasanoff ’s The Dawn Watch: Conrad in a Global World , which granted me permission to remember the capacious scope of his perspective, his humanistic genius. His masterwork was hard work, but Nostromo belongs on the shelf of both the most important and most difficult of the 20th century. The Secret Agent blew the top of my head off—it’s funny and deeply relevant to our moment, about a terrorist bombing gone horribly wrong. Under Western Eyes is all I got left. 2018 isn’t over yet. But then much fun came in reading whatever, whenever. That started with a heavy dose of Denis Johnson . The new posthumous collection of his short stories, The Lar...
Post a Comment
Read more