{"id":1058,"date":"2020-10-09T00:40:24","date_gmt":"2020-10-08T22:40:24","guid":{"rendered":"https:\/\/wealthymefs.co.za\/?p=1058"},"modified":"2020-10-09T00:41:42","modified_gmt":"2020-10-08T22:41:42","slug":"who-wants-to-be-a-millionaire","status":"publish","type":"post","link":"https:\/\/wealthymefs.co.za\/?p=1058","title":{"rendered":"Who wants to be a millionaire?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1058\" class=\"elementor elementor-1058\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3966f9f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3966f9f4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-431e5513\" data-id=\"431e5513\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-676334d3 elementor-widget elementor-widget-text-editor\" data-id=\"676334d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p>By Reagan Mitchell, CFP<sup>\u00ae<\/sup>&amp; MD of WealthyMe<\/p>\n\n\n\n<p>There is a misconception that millionaires are narcissistic and only concerned with accumulating money for themselves at the cost of everyone and everything else. While such people do exist, there are plenty of wealthy people who dedicate their lives and resources to solving some of the biggest problems in the world.<\/p>\n\n\n\n<p>Consider the invention of cars, airplanes, trains, and ships \u2013 these inventions were the result of a commuting problem humanity was facing. A few people became passionate about solving this problem and in the process, they became millionaires.<\/p>\n\n\n\n<p><strong>Make me a millionaire<\/strong><\/p>\n\n\n\n<p>Being a millionaire is generally measured on a person\u2019s net worth and net worth is an accounting formula that subtracts liabilities from your assets. Most millionaires consider themselves to be dollar millionaires. That said, it doesn\u2019t disqualify you from being a millionaire in local currency.<\/p>\n\n\n\n<p>In my opinion, becoming a millionaire requires immense diligence in serving the needs of humanity coupled with a laser focus on the specific problem you are solving. You can become a millionaire in the following 5 broad categories.<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Work hard to become a corporate executive in a listed or private company. Corporate executives earn big salaries and bonuses that help them accelerate their millionaire status.<\/li><li>Become a self-employed professional like a cardiovascular specialist or a high-flying legal professional.<\/li><li>Become an entrepreneur and build problem-solving businesses.<\/li><li>Check your natural ability and if you\u2019ve got sports or entertainment talent, hone it every single day and go into those industries. Million-rand endorsements are not unheard of, so form a big chunk of the earnings.<\/li><li>To take it up a notch and earn billionaire status, become an investor who invests in listed companies and other ventures. That is how Warren Buffet became a billionaire.<\/li><\/ol>\n\n\n\n<p>There are no get-rich-quick solutions to becoming a millionaire. Those are the ones to be most wary of. We live in a society of the \u201cnow\u201d, we want everything to happen instantly and to a large degree this fuels get-rich-quick schemes which end up causing more damage than anything else.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>By Reagan Mitchell, CFP\u00ae&amp; MD of WealthyMe There is a misconception that millionaires are narcissistic and only concerned with accumulating money for themselves at the cost of everyone and everything else. While such people do exist, there are plenty of wealthy people who dedicate their lives and resources to solving some of the biggest problems&hellip; <a class=\"more-link\" href=\"https:\/\/wealthymefs.co.za\/?p=1058\">Continue reading <span class=\"screen-reader-text\">Who wants to be a millionaire?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":1059,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","wds_primary_category":0,"footnotes":""},"categories":[23],"tags":[36,34,35,29,26],"class_list":["post-1058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-creation","tag-cfp","tag-how-wants-to-be-a-millionaire","tag-make-a-million","tag-reagan-mitchell","tag-wealthyme","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Who wants to be a millionaire? - WealthyMe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wealthymefs.co.za\/?p=1058\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who wants to be a millionaire? - WealthyMe\" \/>\n<meta property=\"og:description\" content=\"By Reagan Mitchell, CFP\u00ae&amp; MD of WealthyMe There is a misconception that millionaires are narcissistic and only concerned with accumulating money for themselves at the cost of everyone and everything else. While such people do exist, there are plenty of wealthy people who dedicate their lives and resources to solving some of the biggest problems&hellip; Continue reading Who wants to be a millionaire?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wealthymefs.co.za\/?p=1058\" \/>\n<meta property=\"og:site_name\" content=\"WealthyMe\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WealthyMeOfficial\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-08T22:40:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-08T22:41:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wealthymefs.co.za\/wp-content\/uploads\/2020\/10\/Untitled-design-15-1024x493.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"493\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"WealthyMe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@me_wealthy\" \/>\n<meta name=\"twitter:site\" content=\"@me_wealthy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WealthyMe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058\"},\"author\":{\"name\":\"WealthyMe\",\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/#\\\/schema\\\/person\\\/6e380ea2d8419560a3355c73cc92f600\"},\"headline\":\"Who wants to be a millionaire?\",\"datePublished\":\"2020-10-08T22:40:24+00:00\",\"dateModified\":\"2020-10-08T22:41:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058\"},\"wordCount\":353,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wealthymefs.co.za\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Untitled-design-15.png\",\"keywords\":[\"cfp\",\"how wants to be a millionaire\",\"make a million\",\"Reagan mitchell\",\"WEALTHYME\"],\"articleSection\":[\"Wealth Creation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058\",\"url\":\"https:\\\/\\\/wealthymefs.co.za\\\/?p=1058\",\"name\":\"Who wants to be a millionaire? 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