4 Steps To Become A Millionaire If You Aren’t Already

Become A Millionaire
4 Steps To Become A Millionaire If You Aren’t Already

Your Wealth Is In Doing And Selling You!

If you want to be become a millionaire, then you, too, should take the necessary four steps that I have outlined and add up your past income.

Disclaimer: I am an Amazon Associate; therefore, this post may contain affiliate links for me to earn a commission. RuralMoney.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

But first, I want to share my story about how I discovered I had become a millionaire—and didn’t know it.

When I was a girl, I used to think that there was no shame in being poor because almost everyone in my community was in poverty.

Today, many of them are still there.

I don’t judge them—I just wonder why they stayed—while there were so many examples of upwardly mobile families all around them.

If you are born poor it is not your mistake, but if you die poor it is your mistake.

Bill Gates

The thing about not being ashamed of poverty is that there is no driving force or motivation to overcome it.

As for me, I was not comfortable being a poor kid, so I did everything I could to improve my situation.

By the time I was ten, I knew I wanted to be an entrepreneur, so I looked for opportunities to sell something.

In a characteristic way, I knew that if I could sell something without spending any money, then I could earn money—so I tried—and sometimes got shot down by my mom.

She couldn’t see my vision or know my desire, so I just kept pitching the neighbors and her.

One of my most lucrative enterprises was scrubbing dried cement off of a neighbor’s husband’s overalls, which paid me $5!

That was proof positive that I could earn money with my knowledge, skill, ability and opportunities.

What also gave me the vision to want a better lifestyle was well to do families on both sides of our segregated community.

Seeing how well they lived convinced me that I had a choice to become a millionaire.

It was like watching A Tale of Two Cities. 

I wanted to cross the great divide between the haves and have nots.

At the time, I didn’t understand why a few families appeared to be “rich,” while my parents struggled to feed five kids and keep shoes on our feet.

Yet, something deep inside of me knew that I was supposed to be a millionaire.

First Step On My Journey To Become A Millionaire

The first step on my journey to become a millionaire began when I adamantly decided not to work in the mill.

Instead, I asked my mother to rent a typewriter for me.

At that point, I had decided to do whatever it takes—no matter how long—to become a millionaire—in my own way.

No, I don’t have a million dollars, but I have had a million dollars in my lifetime, and you probably have too.

Discounting Wealth Is Self Robbery

In college, I learned the basic principles of saving money, but I spent every dollar as soon as it hit my hands.

What I hadn’t learned was the discipline it takes to save money and not touch it until you reach a certain goal, and reinvest it to earn more money.

It was by a Divine intervention in 2002 that inspired me to track my income just to see how much cash flow was running through my life (at a time when I felt extremely poor).

Several years later, I added it up and was amazed!

While I was wishing I were a millionaire, I had reached the millionaire status as a consequence of steadily using my knowledge, skill, ability and opportunities.

A million dollars worth of cash, gifts and assets… had flowed through my life while I had no liabilities.

It did not include income from a job or any previous jobs during my professional careers.

The point is, I had reached my milestone.

And, I achieved it largely by selling something with a high monetary value.

I sold antiques and collectibles, estate sale personal property, Real Estate, and had a successful full-service house cleaning business.


Moreover, the discipline of tracking my income showed me money, gifts (cash equivalents) and assets that I had been “discounting!”

In other words, I had been disregarding, paying no attention to, taking no notice of, dismissing, ignoring, overlooking, disbelieving and rejecting wealth that was already present in my life.

Now, I want to show you a common example of how you may be discounting wealth (earned income) in your life.

Have you ever thought about how much money is needed to raise a child from birth to 21-years-old?

It is amazing how low-income families can have multiple children and not count the cost of raising them, which is part of their wealth.

Yet, they manage it by practicing austerity budgeting and frugality while managing home life like a business.

Rearing one-child alone costs the average-income family $233,610!

The average cost of raising a child in 1987 was approximately $100,000.

Moreover, the government does not differentiate these figures from middle-income to low-income families.

Although low-income families spend less to raise a child, they spend pretty close to the national average.

In 2021, the cost of raising a child has increased in the last year, according to a report from the Department of Agriculture.

For a middle-income family to raise a child born in 2015 through the age of 17, the cost of rearing a child has hit $233,610, according to the report.

On the other hand, low-income families raise their children with similar goods, services and basic education and college!

This Is Wealth

This is wealth!

And, all of this wealth is spent whether buying or renting and with cash or credit.

So, how could you be poor in the U.S. and shell out this amount of money just to raise one child?

The point is, you may feel poor, but the fact is you live in the richest country on the planet.

Whereby you convert your knowledge, skill, ability and opportunity into wealth, which you dispose.

The fact that your house is underwater, or your job doesn’t pay much, or you don’t have a job is relative.

Your house may be cash poor, you may have less after tax income, and you may have debt up to your eyeballs.

But, you still have enough wealth to raise one or more children—even during the worst economy since the Great Depression.

In spite of life’s ups and downs, the fact is, you have earned wealth, which you have discounted.

Now, you are about to re-discover your intangible wealth of abilities that could make you a millionaire, which are usually discounted as well.

Your Ability Is Nothing Without Opportunity

Like me, you have probably spent most of your life working hard, but you can’t retire.

Or, you’re just starting to work, but don’t know how to earn money (much less become a millionaire) in a society of few jobs and low wages.

There is a solution to solve your problem, however, it may require doing something you hate.

If you are willing to do that, then you can become a millionaire by exploiting the full potential of your knowledge, skill, ability and opportunity (KSAOs).

The acronym means knowledge, skill, ability and other personal characteristics, but I am accustomed to the government personnel version that ends with “opportunities.”

In government personnel, KSAOs is required for good job performance on a specific job.

I cite its four definitions as my “4 Steps To Become A Millionaire:

  • Knowledge is what a person knows that is relevant to the job (e.g., knowledge of procedures in a high-paying job or service i.e. Sales).
  • Skill is what a person is able to do on the job or in a business to make a lot of money. This includes both mental tasks (e.g., skill in doing accounting) and physical tasks (e.g., skill in selling empty houses).
  • Ability is the capacity to learn a skill (e.g., cognitive ability is the capacity to learn mental skills). Abilities include mental abilities, physical abilities…
  • Other personal characteristics, not covered by the first three, include attitudes, beliefs, personality characteristics, temperaments, and values.
  • Opportunity, not covered by the first four, include a situation or condition favorable for attainment of a goal, a good position, chance, or prospect, as for advancement or success. Therefore, if you want an opportunity, you must create or seize one by force.

Opportunity is the most logical conclusion to this sequence of characteristics because Napoleon Bonaparte said, “Ability is nothing without opportunity.”

Therefore, if you want to become a millionaire, you must develop or seek an opportunity that pays you the most money!

Whether you realize it or not, these are the four steps you have used your entire life to make a living and acquire all the wealth you discounted.

And, these are the same keys to unlock any present or future opportunities for success and wealth, whether you want a little or a lot.

Remember how I started earning money as a girl?

The opportunity of “sales” is your quickest path to become a millionaire, but most people hate Sales.


Learn To Sell Something Or Be Poor

If you didn’t hate sales, then you could become the best sales rock star in whatever you’re promoting by making the world your stage.

What do I mean?

Sales is not easy, but social media has made promotions a whole lot easier.

The entire world is social media!

Therefore, by promoting your product or service everywhere on social media platforms, you could become rich and famous, especially on YouTube.

On top of that, it’s still free—for now!

So, don’t hate the Sales game.

Choose some type of Sales to re-exploit the full potential of your knowledge, skill, ability and opportunity to become a player and get paid exponentially to become a millionaire.