Leased Ad Space
How to Make Millions in the Next 12 Months (Try These 3 Strategies)
Published by Tom Lindstrom — 11-28-2021 08:11:40 AM
How can you make millions of dollars in the next year, whether on the Internet or in the "real" world? Is it really realistic? Is it even possible?
The answer is yes! There are at least three ways to make a million dollars in a year. It is not easy, but it is possible.
And if you only achieve 10% of your goal of $1,000,000, it is still $100,000.
When considering how to make a million dollars in a year, you must first consider WHY you want to make so much money in only 12 months.
The stronger your reason is, and the more often you play out that reason in your mind, the greater are your odds of achieving your goal in the next 12 months. It does not matter which of the three methods you choose.
How To Make Millions Of Dollars In The Next 12 Months: Try These 3 Proven Methods!
Method #1: Day trading
This is one of the best ways to make a lot of money quickly, but unfortunately, it is also one of the quickest ways to lose money. You must know what you are doing. There is no room for "gut instinct" and emotions. You must follow trusted and proven methods that work.
Frankly, it can take a few years of daily practice to get really good at this. However, you might have the capability to make a million dollars in your first year. It is possible, but not likely.
If you want to do day trading, invest in the best education possible and spend hundreds of hours practicing. Your best shot: Start with $25,000, margin it to $75,000, and find at least 250 traders that will return 3% or more in the next 3 days.
Is it easy? No, it is not! Is it doable? Possibly.
Method #2: Create A Sales Funnel!
Email marketing is a tried and true method of making money quickly. Create your own sales funnel, from creating a valuable free product to get people on your email list to selling a $15,000 product to your subscribers, and everything in between.
If you are thinking about how to make millions of dollars in the next 12 months, then this is probably your best option.
You can sell:
- 1 million products for $1 apiece.
- 100,000 products for $10 apiece.
- 10,000 products for $100 apiece
- 1,000 products for $1,000 apiece
- 100 products for $10,000 apiece
- 10 products for $100,000 apiece.
- 1 product for 1 million dollars
For example, if you go to The Dollar Shave Club's website, you'll notice that they've decided to sell 1 million products to millions of customers. However, if you have a very effective sales funnel, you can easily take those $1 customers and upsell them to your more expensive offers. First, they buy your $1 offer, then $10, and after that, $100, and so on.
Once you start selling $1,000 or even $10,000 products, it does not take massive sales to reach your goal of $1,000,000 USD within the next 12 months.
Next, drive highly targeted traffic to your sales funnel using proven sources, like for instance:
A few important things to remember:
- Always focus on what people want instead of what they need.
- Always recommend products, never sell them. People don´t want to be sold anything directly.
- Always try to make the entire experience as easy as possible for the customer—and fun!
- Whenever possible, try to make your message go viral using social media or YouTube, even if there is no immediate payoff for you.
The more people you have in your sales funnel and on your email list, the more money you will make. By setting up a powerful follow-up sequence, you will start earning income even when you are not actually doing anything. It is a monthly passive income.
When you have people on your email list, you need to send them useful and interesting updates regularly. Over time, they begin to trust you and buy the products and services you recommend. By giving them great value, they will not unsubscribe. Instead, they can become repeat customers and buy from you over and over again.
If you manage to build a sales funnel, you are definitely on your way to making $1,000,000 in a year.
Method #3. Sales!
How to make millions of dollars Sell more stuff! If you are really good at sales or have the ability to learn necessary sales skills quickly and have the right product or service to sell, then you can definitely achieve your goal in just 12 months.
Naturally, you must sell very expensive items that earn you huge commissions in order to scale your income quicker. If you already have a background in sales, then this process will be a lot easier for you. If you want to take this route to make $1,000,000 and are willing to invest some time in learning, the more likely you are to become successful.
Spend the first 3 months becoming great at sales. Invest in an online sales course, study proven sales techniques, get a great teacher (mentor), and then just work in sales for 10 hours per day.
During your first three months, you will have an idea of what kind of products or services are the easiest to sell and pay the highest commissions. Also, you should definitely look for subscription products. These pay you a residual monthly commission for as long as the customer is paying for the service.
This way, your commissions will grow every month when you get more customers. By selling "subscription products," you are more likely to achieve your goal of $1,000,000 in one year. As a bonus, you don´t need to find new customers all the time, compared to selling products that only pay you a one-time commission.
About Tom Lindstrom
Hey there! I'm Tom, and I've been working online for quite some time now. If you're searching for a great place to advertise your business, I highly recommend LeasedAdSpace—it's been an amazing resource for me. And if you're interested in a FREE, complete, professional money-making website setup, definitely check out MoneyMakingWebsiteSetup.com. It’s worth a look!