According to personal research, Iv come to realize that a short term goal never made anyone a millionaire,only a long term goal does. Short term goal are for the moment, long term goal are a lifetime.
I study the life of millionaire/billionaires and realize it took them close to 10-30 years to be where they are today.
Making short term plans can only sustain you a while, but making a long one will sustain you a life time……
I read a story about a young man of 18years that became a millionaire through investing in bitcoin… He invested $1000 in bitcoin in 2011($100 per 1btc) by 2013 he made large profit and invested the money in his business. The business grew and a buyer bought it for 300btc, he bought another 100btc(then 1btc is less that $200).by 2014 he had 403btc…..which he left on touch for 3years untouched… Right now the BTC worth $1,063,000($2763 per 1btc)……he plans to leave the BTC till his 20th birthday(5years plan} 2014-2019.
Unlike people that like fast cash(mostly Africans), this people invest and leave to grow…. They make plans in long term……
If you truly want to be a millionaire in asset(money in bank, property and so on), try make a five year plan instead of wanting to hit the jackpot I.e, gambling, baba ijebu, ponzi. And so on..
Every millionaire/billionaires you know now started their empire at least 10yearsago…… It’s not too late to start yours now……
Do you have a long term plan? Make sure it’s written down for future reference…. Have a a lovely weekend
John omoloye meshe