1. Learn how to save and make investment
Its common saying that little drops make an ocean; this phrase applies to every principle in life and wealth creation is not exempted from the list. Most gainfully employed bachelor spend a lot of their free monies on stuffs they don't really need; like expensive shoes, games, high tag phones going for as much as 200k or more, evening life at the clubs and around town - while one cannot ask that you don't partake in some of these activities, it is also important to save when you have less responsibility, no school fees to pay, in readiness for the future. Imagine saving the little you don't need today, 'tomorrow' when you need a capital; you've got it ready already.


2. Have more than one source of income
Income streams are a regular series of payments. In-fact, Building multiple streams of income is no longer a luxury, it has become a necessity to survive in present day economy. Having your only source of income from your job is risky and cannot help your create enough wealth. To become a millionaire and remain there, you'll need your money working for you while you're asleep.


3. Concentrate on earning
If you want to be a millionaire, then you have to put your eyes on the prize. Do not take your eyes off the concept of making more money. You have to find means of increasing your income while doing things to double your savings.
Concentrate on earning and do everything possible to make more money. Follow the money and it will help you see opportunities that can yield in more money.
Find high paying jobs you can have by the side, supply services to those who need and you will make more before you know it. It is important for you to read books that will widen your horizon and teach you the basic things you need to know before staring a business


4. Work on your mentality
If you want to be a controller of millions, then you need to change the way you think. Firstly, you have to believe you can make the money while you go in active pursuit of things that will bring you more money. Stay focused on the goal and keep a positive mindset / mentality. You should constantly remind yourself of the goal and don't derail from it.


5. Move out with like minds
Show me your friends; yes the people you move with have a great influence on who you eventually turn out to be. If you want to be a millionaire, you have to start moving with millionaires or people who have the same dream of becoming millionaires - people who can influence your life, thinking and investments positively and vice versa. You cannot give what you don't have; so learn from the masters.


6. Aim High
Even as you plan on becoming a millionaire, have it in mind to have go beyond the first digit. Having the first one million should not be end point for you; strive to have up to ten million and use the above tips to double the amount as you start. Learn to think big and chase you dreams. Not doing this is the mistake most people make. Remember the popular saying, if you want to land on the moon, aim for the sky.


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Capacity Building's a must too; all the way.
Nice one Op

well said

chachanga:
Capacity Building's a must too; all the way.
Nice one Op

Thanks.. Please explain capacity building so we can learn from it too. Thanks

switstiv:
well said

thanks

Millionaire at 40? Do you mean billionaire?
Millionaire at 25 would be more captivating for a topic

computerboy:
Millionaire at 40? Do you mean billionaire?
Millionaire at 25 would be more captivating for a topic

I'm forced to agree..