Thursday, September 2, 2010

The Calculation

To be able to make a million dollars in a year time:

$ 1,000,000 / 365 days = $2739.73 a day = $114.16 an hour 

A CEO of a big international company might make that much of money a year, but how many CEO is there out there? Even a high pay lawyer or a doctor that earn more than $100 an hour won’t be making a million dollars a year because they won’t be working 24 hours a day.

It seems much easier for me to fly to the moon than to make a million dollars in a year time – mission impossible!!

Time length to make a million dollars for me:
  • Example 1: If I make $20 an hour (Less in real life *sigh*)
$1,000,000 / $20 = 50,000 hours
I work 40 hours a week = 1250 week
There is 52 week a year = 24 years (So it will be more than 24 years for me to be having a million dollars)
Note: example one is just pure income which exclude tax, bill, and expenses.
  • Example 2: If I am able to save $1,800 a month (For some people, it is their full paid)
$1,000,000 / $1800 = 555.56 month = 46.3 Years
46.3 Years?!?!?!?!!!!!!! I don’t even know if I will still be alive by then, even if I am; what am I going to spent it on - Medication or hospital bill??

That is the reason why working for other people will never get you anywhere. 

What am I suppose to do now or what can I do to make a million dollars in a year time?

Ever think of a method call “doubling your money”?

If you have $100, can you turn that to $200, from $200 to $400, from $400 to $800 and so on until you hit a million dollars? It will only take you about 15 times to make $1,638,400; does it sound much better than 24 years or even 46.3 years?


Well, if I know the answer, I will be the happiest man alive, but I will never give up, lot of research and never stop trying, I am sure it will get you there.
Quick update:
- Old toy $10
- Hair dryer $10

Total money made by selling my junk: Total $1,139


  1. Perhaps you could try selling your spunk. That has to be worth quite a bit. ;)

  2. you are a dreamer to become a millionaire .... keep dreaming ... Since every successful start of a dream .... dream + pray + work + hard work = success ... each success is the beginning of the dream ... chaiyok!

  3. Yeah~ everything start from a dream, even a big tree start from a small seed! =)