Originated From
AOL Search

How to make $1M a year?

Liked this question? Tell your friends about it

2 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

Most people can't come close to $1 million a year.  There are a few dozen basketball players who make that much, but it helps if you are 6 foot 6 to start.  There are baseball players, football players, soccer stars, golfers, but you have to be better than average to make a million.  Many players stay in the minor leagues until they quit.  Backup players in the major leagues may not make a million.

Entertainers can make a million a year, but there are only a few dozen movie stars that make a lot, and a few dozen singers and instrumentalists.  If you can become the next Jay Leno or the next Dr. Phil, you make a lot.  But you may be the next Herbert Khaury or the next William Hung. 

Most writers won't make a million in their lifetime.  But a few like J.K. Rowling have best sellers.

Inventors can make a lot of money, but it often leaves you with nothing more than a garage full of what-nots.  The inventor of the Pet Rock had only brief success.

Attorneys and doctors might make a million, but it's not easy.  For every open-heart surgery there are a lot of people with heartburn.

Your best bet to make $1 million a year is to work for a company that has bonuses or stock options.  Bankers and stockbrokers may get million dollar bonuses.  But bank tellers barely make a living.  You have to get to be a vice president, at least.  The best bonuses come to those who invent a new product or a new way to sell an old product. 

Salesmen can possibly get a million in commissions.  If you are in real estate and can sell $33 million in a year, your 3% commission will do it.  Or maybe you can sell yachts.  But you can starve before you make your first sale.

Stock options - if you can work for a startup company and it makes a hit like Facebook, your stock options may be worth millions.  But if you worked for Solyndra you got nothing.

Answer to your question will not come cheap so prepare to spend money to make money.

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Is vegetarian culture accepted in Greece?

Is vegetarian culture accepted in Greece?

Asked: What is the effect of computers on society?

What is the effect of computers on society?

Asked: History/Culture of the term "robin Snow".

History/culture of "robin snow" where did the term originate? what is the meaning of? Is it a term that originated with the PA Dutch culture?

Ask a Question... We'll forward it to people who know

More Questions

New Year-s resolutions

At last I have seen a post by the nearly infamous (if not notorious) Rocmike3! I will say he had a rabbelasian sense of humor. As the holidays approach, I will also give thought to my New Years' Resolutions. One will be that I shall not fault myself for breaking them.

Core exercises for 85 years old female

Yeah, I think it depends on the discussed person's condition. Anyway, I think yoga is suitable for senior people. The point is choosing the right poses. I think yoga poses for beginners would be suitable for her.

150 years of racism, decadence, and degeneracy....

Someone must have struck a nerve. Yeah, leftists have always been degenerate bigots. Maybe that is why no body respects leftists one little bit. Maybe that s why leftists all went wild with paranoia and live in terror that they are heading back to prison under the Three Strikes law Obatso is ...

No more spain people and rule africa

Not all Africans are/were slaves. And have you noticed all the violence between tribes in Africa? PuertoRicans are 80% European, mainly from Spain . What happened in the past, you cannot change. Holding on to things you cannot change will only bring you bitterness, hurting mostly yourself ...