If you’re not a millionaire, don’t give up hope that you will become one someday. Take note of the reasons you aren’t a millionaire and resolve to make changes that will make a million dollars obtainable, even for the average person.
1. You’re Not Your Own Boss
Although there’s no guarantee that self-employment will earn you a million dollars, it’s really unlikely that working for someone else will get you there either. There are very few jobs that pay million dollar salaries.
Don’t quit your day job tomorrow to launch a business, however. Instead, consider keeping your day job while you start a business on the side. You’ll have the security of your current salary along with an opportunity to create a business where you can earn extra cash.
2. You Avoid Taking Risks
People don’t become millionaires without taking any risks. Taking a risk doesn’t mean you need to invest all your money into a single investment or that you need to gamble earnings foolishly.
However, taking calculated risks is often part of good money management. No one gets rich on the interest they earn from the bank. Instead, millionaires know how to invest their money wisely.