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Making One Million Tips
Saving Your Way to a Million
Open a savings account with your local bank. Talk with your bank to see which saving account will earn you the most interest, explain your business plan to the person who is helping you, and see which type of saving account she recommends.
Once you've opened your savings account, place money into it each month. Figure up all your monthly earnings – next, pay your bills and business expenses, save a little for personal use, and place the rest into your new savings account so it can begin growing. At the end of each year, check with the bank to see your earnings for the entire year. Take part of your earnings and start investing it to earn more.
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They say, if you save money, you'll never make money...
This one is the Law of Accumulation and Attraction- and really does make sense. Start with a little money- just putting a pound or dollar into a savings account each month and it will being to attract more...
Every millionaire started off small, with one or two products or clients and a little cash, but they worked and this grew. Take baby steps, start small and build up.
Save some of what you make, because if you spend everything you've got, it'll never ammount to a million!
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Setting Goals to Achieve Your First Million
Don't set your goals too high at first - be realistic. Set a goal to earn $5,000 by September 1. Once you meet that goal you can increase it by 20 percent.
The next goal you want to set is a lifestyle goal. Do you plan to travel or work locally? Finally, set a marketing goal. Decide how many markets you will target in one month, and set a budget for your marketing plan.