How can you quickly make a million. Here's Dharmesh:
A few weeks ago I wrote a post about how this was the year you had to quit your job. I gave the reasons why. What should I do? What did they do?
Our smart strategies will help you reach (or surpass) the seven-figure milestone.
How do you quit your job and basically, make a million dollars? Not everyone is Mark Zuckerberg or Larry Page. Not everyone is going to drop out of college and create an iPhone or a time machine or a toilet that resizes itself automatically depending on who is sitting on it although that would be pretty cool. Some people would simply like to quit their jobs and make a good living.
Some people would simply like to quit their jobs and make a million dollars. Completely ripped from the OpenTable blog. Apparently they were using OpenTable. I am not an investor in Braintree. I like to call people who I think have interesting stories and hear what they have to say. He quit his job and within two years was making over a million a year.
How To Go From $0 To $1,, In Two Years – TechCrunch
So I will tell you. I had been a salesman before in the credit card processing business where I would go out and get merchants like restaurants and retailers to switch their business to the company I was selling for. So I figured I could do this but work for myself instead of another company.
First you have to hustle. VCs want to back someone who shows a little oomph!
- 11 creative ways to make $1 million - Business Insider
- Protect Your Wealth 7.
Rule No. Bryan picked a business that every merchant in the world needs and he also knew that it was an exploding business because of all the online stores that were opening up.
Just do the old, old thing slightly better than everyone else. Customers will switch to you. This is probably the most important rule for any entrepreneur.
1. Pick the Right Major
Bryan found 10 customers out of the first 12 he approached who would switch their credit card processing to him. He quit his job and suddenly he was in business. He was making money on every credit card purchase with his first 10 customers.
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Someone suggested that I needed to blog. So I started blogging about what was really happening in the credit card industry, including all the unscrupulous practices and how merchants were being taken advantage of.
So before long all these online sites that had previously had a hard time navigating this industry would start contacting me to switch their payment services. Blogging is about trust. My own blog has made me a total of zero cents but has created millions in opportunities for me.
8 Surprising Ways to Make Your First Million Dollars
I signed a three year deal with them that allowed me to build a team of developers and we built them a solution. We now had more services to sell to customers. He started out just connecting merchants with a credit card processor.
He said YES!
He got software developers, built a great product, and quadrupled his income or more. And then it put his business in a whole new stratosphere of services he offered customers. And the VCs started calling because all of their clients were saying Braintree was providing all of their payment services.
You can treat each customer, new and old, like a real human being. Your best new customers are your old customers, and the best way to touch your old customers is to provide quick help when they need it. Customer service is how can you quickly make a million most reliable touch point to keep selling your service to them. By year 2 two, Bryan was making over a million a year and was doubling every year.
- 16 Realistic and Actionable Ways to Make One Million Dollars
- But how do we use that money to boost our finances?
Not bad for someone who quit his job and just wanted to figure out a way to get his bills paid.