Some people get large sums of money through coincidence. They win the lottery, invest well. It is almost impossible to repeat these achievements. Others manage to reach the top after years of trying. To make big money, these people need a good plan.
Instructions
Step 1
Set a time frame for which you think you will reach your goal. You can act persistently for 5 years.
Step 2
Set aside time for preparatory activities. If you are not ready to act right now, you will need additional information and training. Your patience can be measured in 6 months. During this time, do not come close to the goal from a financial point of view. But make a plan, remove the interfering factors, and get some initial preparation for the ultimate dash.
Step 3
Set the cost of the product. Money appears when customers pay for goods / services. While you do not know what the product will be like, you are making a model for achieving the goal. Set a price that is comfortable for you. Let it be a purchase of no more than 100 euros. Write the number down in your plan.
Step 4
Calculate the total number of sales. At the first step, a period of 5 years was determined. Gross profit (excluding taxes) - 1 million euros. Divide € 1,000,000 by € 100 to calculate the number of sales in 5 years. It turns out 10,000 trades.
Step 5
Calculate the number of sales in 1 day. There are 365 days in a year, sales are made every day. 365 days * 5 years = 1825 trading days. Divide the result of step 4 by the number of days. 10000 sales / 1825 days = 5, 48. There should be 5-6 sales per day.
Step 6
Find out which product is already being sold at the specified price in the right quantity. To get such information, you need to look at the statistics of different companies. The Internet allows you to sell e-books, courses, trainings. Take a look at the statistics for this industry. For 5 years, you need to make 5-6 sales per day at a price of 100 euros per item. The numbers don't look unreal, but look for confirmation.
Step 7
Collect information about the possibility of selling the same or similar product.
Step 8
Go back to step 1 and go through the steps again, making the necessary adjustments.
Step 9
Make a plan of action and move towards the goal.
