5 Ways to Make One Million Dollars

 

Have you heard about people who go from $0 to $1 million seemingly overnight and wonder how? Practically everyone wants to be a millionaire, but how should you go about doing it? Usually, it takes some amount of skill, but making $1 million is easier than you thought.  Here are five examples of ways to make one million dollars (you could be doing it now):

Master Social Media

If you know how to use social media, you can probably use it to make $1 million. However, you can’t only have “basic knowledge” of the SoMe sites.  Back in in the mid 2010s, Scott DeLong, founder of ViralNova, figured out Facebook’s algorithm. Once he figured out how to effectively share his information on social media, he was able to use Google Ads to make money. For every 1,000 page views, he received $2. Once ViralNova went viral, he was able to make $400,000 a month from 200 million page views.  He would only have to replicate this success two or three times to hit the $1,000,000 mark.

You can do this too. Although not every site turns out to be as popular as ViralNova, you can start your own blog and begin monetizing. For many people this turns out to be a little extra money each month. You never know though. You could be the next Scott DeLong and make millions from your blog idea.

Become an Uber Driver in a Big City

Uber has become increasingly popular in big cities. It has become so popular that many drivers make a living (a great living). In fact, according to Business Insider, Uber drivers in New York City who drive 40 hours a week average $90,000 a year. Uber drivers in San Francisco average $74,000 a year. Uber drivers keep 80 percent of each ride while Lyft drivers only keep 20 percent. It would take a lifetime of driving with Lyft to make $1 million. If you were to make a career out of driving for Uber in more-populated cities, you will have made $1 million in 10 to 15 years.

Be Innovative

Being innovative can change your life. If you have a good idea, put it into action and see where it goes. Some of the best success stories come from one simple idea and it is a good way to make $1 million relatively quick. You can submit your ideas on Kickstarter, Quirky or Indiegogo and potentially get funding to start your own business/manufacture your idea into a product. On these crowdfunding sites, many people have raised $1 million or more.

Create Something Viral

As noted with Scott DeLong’s success with ViralNova, if you create something that goes viral, you can make a lot of money. One great example of this is viral apps. If you were to create an app or game like “Angry Birds” and sell it for as little as a month on the App Store, you could make $1 million or more. The creator of “Flappy Bird” made $50,000 a day for the first 20 days that his app was available in the App Store.

Self-Publish An e-Book

If you are a writer, you may want to think about self-publishing an e-book, especially if you think it’s something people would read. You can sell your e-book for about $2 per copy and keep 70 percent of each sale ($1.40). If you sell just over 700,000 copies, you can make $1 million.

More Ideas From Around The Web:

Becoming a celebrity is another great way to make entry in the list of ways to make one million, here is a case study of how comedian Gabriel Iglesias did it.

Here is a list of radical ways to build your wealth – including creating your own country and suing someone and taking their fortune.

If you need some stepping stones on the way to be a millionaire, here is a list of 38 ways to stack cash on the side.

Have you made $1 million using a creative technique? We’d love to hear from you!

Photo: Flickr: Simon Davison