How to Become a Self-Made Millionaire with No Money


Money doesn’t grow on trees. Nor do diamonds, pearls or gold. If you don’t have any money, it might feel like there’s no way to get rich. But don’t lose hope! With a lot of hard work and perseverance, you can become a self-made millionaire with no money. Here’s how:

1. You need to make a plan.

The first thing you need to do is make a plan. You can’t get anywhere if you don’t know where you’re going.

The most important part of your journey toward financial independence is figuring out what exactly it is that you want out of life, and how much money it will take to get there.

You don’t have to start by writing down all your goals (and then crossing them off one by one).

In fact, people who come up with specific financial targets tend to be less happy than those who just set vague goals for themselves without worrying about the specifics.

The point here isn’t so much about achieving massive amounts of wealth as it is about becoming financially independent enough so that no matter what happens in life—good or bad—you can keep going without having to worry about money again.

2. You need to start saving money.

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You probably already know this, but it’s worth repeating: the most common way that millionaires became rich was through saving and investing their money.

They didn’t win the lottery or inherit their fortune; they made it themselves by putting aside at least 10% of their income every month.

Saving for retirement is an obvious first step for people who want to save more than just enough for emergencies and basic expenses (which we will discuss in Chapter 3).

But what about saving for a house? Or investing in stocks? There are plenty of other ways to invest your savings so that they grow over time, too! We’ll discuss different types of investments later on in this book.

3. You need to decide on a career, and create a business plan.

In order to be a successful self-made millionaire, you need to have a solid plan for how you are going to make money.

The first step is deciding on your career path. Are you going to pursue being an entrepreneur? If so, what type of entrepreneur do you want to be? Do you want to start a business from scratch or buy one and grow it into something bigger than it currently is? Once this decision has been made, create a business plan that outlines the steps necessary in order to achieve success with your chosen method of making money.

This includes finding customers, creating products/services, building up capital (if needed), and other tasks that may come up along the way.

4. Find people who are where you want to be, and copy them.

Once you know what you want, the next step is finding people who are where you want to be and copying them.

This is the most important part of becoming a successful entrepreneur: finding mentors and learning from them.

The best way to find a mentor is by looking in places where other entrepreneurs hang out. You’ll find them at conferences, meetups and events—but also on social media platforms like Twitter or Facebook groups for entrepreneurs who are starting businesses in similar spaces as yours. You can even reach out directly via email if they have their information listed on their website or blog. When reaching out via email, just be sure not to send anything too salesy (more on this later). Instead focus on getting advice from these successful individuals because they’ve already built up their success stories over time through trial-and-error experience–so they’re probably more than willing to share some tips with someone who’s just starting out!

5. Get out of debt now!

If you have debt, get rid of it. Now. It’s impossible to build wealth if you are constantly being sucked into the vortex of living paycheck to paycheck and paying off bills that eat away at your earnings.

If you have a car loan, pay it off — or at least refinance it with a lower interest rate so that the monthly payments are more manageable. If you have a mortgage on your home, pay it off as fast as possible — if this means moving into an apartment or selling some stuff so that the funds can be put toward paying off the house faster, then do it! If one or two people move out of their house and live in smaller quarters for a year or two until all debts are paid off, so be it!

There is no point in having an expensive mortgage when there are no assets being built up behind it because all money goes straight towards paying rent and bills each month.

6. Start your own business on the side while you still have the financial safety net of your job

If you’re not ready to quit work, that’s okay. But don’t let the fact that you aren’t making the big bucks yet stop you from taking steps toward becoming a millionaire someday.

If anything, starting a business on the side is more important if you want to succeed as an entrepreneur because it gives you an opportunity to test out various ideas without risking much of anything at all.

Start small and plan for growth: It’s far better for most people to start with something simple, such as selling something off their shelves or bartering services for other people’s goods or services. This way, even if things don’t go as planned (which they usually won’t), there won’t be too much loss involved—and hopefully some good lessons learned along the way!

7. Save up enough money to quit your job and go full-time with your business.

The last step is to save up enough money to quit your job and go full-time with your business.

How much money will you need? It depends on how long it takes for you to start making real money in your business, but we’re going to assume that it takes a year or less.

You’ll also need enough savings so that if things don’t work out right away, you won’t feel the financial stress of having no income (even if it’s just a few months).

To give ourselves some room for error and unexpected expenses, let’s say that $10k is the bare minimum amount of savings that most people should have before quitting their job and going all in on their own business venture. In reality though, most people should probably aim for more like $20k – $40k depending on how much risk they want to take on their own ventures!

So how can we save up this much money without actually being able to afford rent/food/etc? Here are some tips:

  • Get creative with finding extra jobs/side hustles – maybe try freelance writing online or selling items online through eBay and Craigslist!

8. Keep working hard until you achieve your goals – it won’t happen overnight, but it WILL happen!

One of the most important lessons I’ve learned is not to give up. You will hear people say it’s hard and that you won’t succeed, and you’ll hear others say that “things happen for a reason,” or “you deserve it.” But don’t let those things stop you from trying. If there’s one thing I’ve learned, it’s that nothing happens overnight and everything takes time!

You may have heard stories about successful people who started off with nothing but now have millions in their bank account, but this isn’t something that happens overnight: these individuals worked hard over many years until they achieved their goals. It won’t happen overnight—it might take months or even years before your business makes money—but with perseverance and dedication, I promise there will be huge payoffs in the future!

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Take control over your finances today and make sure you don’t miss out on your opportunity to be rich!

You can achieve wealth, but it might not be easy. You have to put in the time and effort.

It’s going to take hard work, skill and perseverance on your part. But if you’re willing to do this, then you can definitely become rich!


We hope this list has given you a starting point for your own financial journey. It may seem overwhelming at first, but don’t let that stop you from getting started! You can do this!

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