How to make a billion dollars, or more...

in #money8 years ago (edited)

Hustle, grind... whatever you want to call it. Work for someone and stack some cash. Works best with zero-to-no overhead so try to live with family or friends (if you can). While you stack that cash, start teaching yourself how to invest/trade- I am personally into Bitcoin and equities. When you get to 25k, well...you want to really have 30k because the SEC will label you as a "pattern day trader" and suspend your account. now trade away... Use tight stops and take lower risk long positions at first, then start to sell in increments when in profit. When you get to a comfortable amount of cash($100k-ish) begin investing those profits into things that generate income. Consider things like a food truck or maybe low-risk dividend paying stocks. Try some licensed car flipping, vending routes, tax deed sales for properties to remodel and rent. Remember to live below your means when you get to this level. By now, you will be "ballin" and the last thing you need to do is lose sight of your vision. When you have enough income coming in and your business ventures are running smoothly and efficiently with little effort, you can now jump into the real start-up scene. I mean the real deal silicon valley "100mil IPO" type shit. 

get it...