Become a Millionaire Even When You Start With Little

The hardest part of becoming successful is getting started to begin with. But despite the challenges ahead of you, there’s a way to become a millionaire when starting with little. I’m going to show you four reasons why you can become a millionaire with just a small investment.

Education is your greatest weapon. Focus on learning in the beginning. Don’t make the mistake of focusing on making huge gains in the beginning. Learn everything you can because this is how you build the foundations for long-term gains.

They say that if a millionaire goes bankrupt they’ll nearly always be able to get it back. And that’s because they might have lost their money, but they have the knowledge of how to get back to where they need to be.

Related: 10 Tips to Become a Millionaire This Year

2. You can learn loads about any topic online.

I’m grateful for the internet. It’s the single biggest library in the world. You’re reading this article right now and you’re acquiring knowledge you wouldn’t have been able to acquire 40 years ago. Use the internet to its fullest extent, whether that’s through reading books, browsing articles or watching video tutorials.

Set some time aside every day to learn something online. It could be a video series or a favorite blog. When you get into the habit of learning regularly you’ll find that you advance much faster.

Related: 10 Free Online Courses That Can Benefit Every Entrepreneur

3. Focus on the niche you love.

These days you can learn about anything and target the niche you’re passionate about. This is what I was able to do with penny stocks. I found a gap in the market and provided knowledge to people who wouldn’t have otherwise being able to access this sort of information.

You can do that with absolutely any niche. When you find a niche you’re passionate about and you use the reach of the Internet you start to make huge gains.

Related: 7 Steps to Defining Your Niche Market

4. Prove your expertise by creating free content.

Your reputation as an authority is the new business card. There’s a reason I created a penny stock guide and made it free for all. You may have already seen ads for it on social media. The way to succeed with little is to create a reputation through your content.

It’s the gateway to success because through free content you start to build relationships with others who value your work. And from there everyone gets richer.

You can do lots with a little.

The days when you needed a huge investment to become successful are long gone. These days you can do so much with just a little. Find what you love, advance your knowledge in that area, and create a product that fulfills a need. Finally, work on building up relationships through portraying yourself as an authority on your subject

Being Lazy Might Be the Secret to a Successful

With all of the talk of disruption, it’s easy to believe that reinventing the wheel is the only way to have a successful tech startup. There’s a lot of pressure to innovate and create, but that’s not the only way to make a truly great business that has staying power. In fact, being “lazy” and copying a model that’s already working is a great way to get started.

When we started our bot company, Chattypeople, we could have created an independent app to enable people to chat with brands or individuals. But, the model is already out there: Facebook has already built a working ecosystem and platform with Facebook Messenger. Chattypeople is built on top of that chatbot system, working on top of another platform. We’ve been incredibly successful because there is a need for bots, and a ton of perks that we’ve benefitted from in piggybacking on an already successful system.

Related: Grit Helped This Entrepreneur Hustle Harder — Even After a Rejection By Trump

There are many innovative and incredible partners and systems out there already that would also benefit from combining forces with you. So, don’t worry about being slightly lazy. In fact, here are some great reasons why a little bit of laziness (combined with some creativity and determination) can actually help your business, rather than hurt it:

1. The base is already built.

You have a great advantage if you can identify a killer platform that would combine easily with what you’d like to do. Why create something extravagant and time-consuming when another person has already built and developed many of the features that you otherwise would have to build yourself? Partnering with those who could benefit your company, as well as building on pre-existing platforms, is a great way to turn a profit, without having to reinvent the wheel.

Related: Productive Partnerships: How a ‘David’ Can Partner With a ‘Goliath’

2. Users come with the partnership.

Whether you are combining forces with another small company, or building on top of a large, popular platform, you’re going to gain users that you didn’t have. There’s a clear benefit to getting on board with a platform that already has a large user base and a number of customers already using the platform, and are used to using that system or platform. Think of the savings in time and energy you’ll gain from minimizing that initial marketing push!

3. Larger platforms are marketing for you.

Speaking of marketing: You’re saving yourself a lot of time and energy building your product on a larger platform as that platform is likely promoting and marketing its product with more dollars than you could ever throw at it. For example, Facebook is marketing and promoting Messenger bots, so that’s helping to drive the market, interest and customer conversion.

Related: 6 Things to Consider Before Partnering Up

4. You’re closer to diversifying.

The potential downside to building on the back of one platform is what if that platform decides to no longer offer that feature, which could jeopardize the whole future of your company. But, having built your product once, you’ll be able to diversify it for other platforms and systems quite easily. At ChattyPeople, we’re working against that by building a version of ChattyPeople for Slack, Skype, Viber and Telegram, which all have messenger bot platforms and the possibility of integrating bots. When you work to integrate your product to work alongside all those platforms, you mitigate risk.

Being lazy isn’t always a character flaw. In fact, being lazy can help you build an unstoppable business that is already set up for success from the get go. So be lazy — and then be driven, excited and innovative with the product that you’ve built

Constantly Advance Your Career

You only need three things to constantly advance your career. The first is attitude. Do you bring a positive atmosphere to work? Do your coworkers enjoy being around you? It might not affect the quality of your work, but it matters in the long run.

The third is progress. How are you getting better at your job every day?

These things are easier said than done, but they’re worth it if you want to advance your career. Click play to learn more about how you can achieve them in your job and keep moving forward