Week 1: Initial Idea
Road to a million pounds in 10 years
Find something to produce a net profit of £274 everyday
I want to start this weekly blog to document this journey and hold myself accountable.
Start Date: 03/02/2022
The total money in my bank is roughly £15,000 at this present time.
My current yearly salary is £21,500 so my take home pay is an estimated £17,800
More than half of that money goes to bills so I am left with roughly £8000 profit each year.
End Date: 03/02/2032
To be financially free and have a net worth of £1,000,000
Advice to myself:
The more revenue streams you have the more likely the success as you don't want to put all your eggs in one basket.
I need to provide value to people and I need to do things that are scalable.
If I don't get a pay rise or job promotion by April 2022, I will look for another job.
Ideas
- Reselling
- Sell Courses
- Social Media
- Stocks
- Real Estate
- Drop shipping
- High Paying Job
- Join a start-up