16.10.12

You inspire me. Pre-millionaire log.


Remember how I said my goal was to become a millionaire by 30?  I thought it would be fun to kind of document my process a little bit so that I can have a log for myself and also possibly inspire others to the same. You guys inspire me so much. I even created a bulletin board full of your sweet comments to help me stay motivated which sits right here beside me as I type this.

I've been learning a lot about passive income lately, which is basically when you create something to generate the income, and don't really have to do much afterwards. You do all the work ahead of time, put it out there, and people just continue to purchase it. An example would been an eBook or an app. I've had my experience with eBooks and digital downloads before, but wanted to reach a wider range of people so I decided that I was going to try the app business. It really is right up my alley, being that I pretty much do everything but apps.  I have a great one designed and am currently working with a developer to get it made. I could have spent months learning how to do the programming myself, but having never worked on an app before, it's a little out of my area of expertise and I figured the safest bet was to hire somebody who knows their stuff so that I am guaranteed a professional product.


I've been reading tons of success stories from people in the app industry who have been so successful and have had no previous experience. I'm talking fifty thousand dollar a month incomes. That is insane. I understand that this isn't the norm, but could it be if you have a really great idea? Absolutely.

The riskiest thing is always the money. Not knowing if it will be worth it to spend a pretty good amount on an idea with the outcome being unclear is super scary. Will this make me some income when it's all said and done? Will I have wasted all of my money? What if I don't take this chance, will I have missed out on a potentially great opportunity? Sometimes you need to take that risk to find out. I decided that I at least needed to try it. If it fails, I will learn from my mistakes. If it succeeds, then I know I'm on the right track and will be able to continue along this path to wishful financial freedom.

What's the biggest risk you've ever taken?

27 comments:

  1. I just wanted to say that I love keeping up with all of your thoughts and goals! Helps motivate me :) Good luck lady!
    Melissa

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  2. Wow you are just awesome! I am sure you and your app will be a huge success. Good for you for stepping out and going for it! I am super curious what the app will be! :) Cant wait to see.

    I am definitely inspired by you, Ive got some big dreams/goals in mind but for so long (and still) I keep letting fear get in my way. But you have inspired me. Thanks for that. ♥

    ~Maria-Isabel

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  3. I'm so positive that you will achieve your goal. What an amazing one to have, too! I'm not really a risk taker myself, but i'd love to be... I'd say that my biggest risk lately was creating my blog, as i was so convinced i wouldn't be very good at it. I'm so glad i took the plunge though as i'm loving every minute of it! x x
    seeking--serendipity.blogspot.com

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  4. My husband and I are about to open up our own store. All of the furtiture etc is being put in now so thats a risk you always worry about but were excited none the less. Hope your idea works out..

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  5. I always believed that you can do WHATEVER you want to do in life if you work hard at it. I have some ideas also brewing in my mind that I sometimes am scared of taking the risk cause I don't want to be disappointed in the outcome. But how do you learn if you don't try? Go for it girl! Keep shooting for your dreams and I believe you will get there! :)

    Cristina Marie
    C'est Une Belle Vie

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  6. Woo hoo!!! I made the board. It totally made me laugh out loud :)

    I'm excited to hear more updates about your big idea! The suspense is killing me.

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  7. Dana, I think that is awesome! I hope your venture is very successful. You have so many great ideas. If you never try them, you'll never know. Good luck!
    http://www.averysweetblog.com/

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  8. Good luck Dana! You've already accomplished so much and I bet this won't be an exception :)

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  9. Omgosh! I am new to the blogging scene and I am so glad I found you! You are very inspiring, and I know I will be learning a lot from you. <3

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  10. I love this! I think you could become a millionaire! You have all the qualities!

    On a side note, you have totally inspired me to up my years profit number! I now want to end my first year in business as a 10,000aire! lol. It is small, but I have only been open like 7 months.

    http://debonairbandit.blogspot.com/
    http://www.etsy.com/shop/debonairbandit?ref=si_shop

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  11. Great idea, love this!!! You will definitely be a millionaire, girl! I just know it ;)
    xo TJ

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  12. Right now I'm in the "taking the leap" boat with my business. We've grown by leaps and bounds but hiring a PR company has always been on the back burner, mainly because it's so expensive. Recently we've decided to take the leap and I am a little nervous but I think in the long run it will pay off. I mean we can always make more money (right?!), and I would have to have that "what if" moment and wonder if something great would have come out of it :)

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  13. Again, what a great idea! I'm so glad you're able to keep all your inspiration right in front of you. It sounds like you're definitely doing the research. The fiance really has an entrepreneur mind. He has all sorts of ideas--but I know he will only take the risk AFTER he does all of his research. I think you're doing the right thing. And I'm sure, in the end, that you'll take the "risk," because you know it will be worth the effort in the long run. You will get something, I'm sure. New skills, knowledge. A bigger brand. Anything, really.

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  14. I'm currently taking a leap of faith, by taking steps towards having my own event planning business! I know I can do it, but it sure does cost money to make money. Anyway, I think an app would be GREAT!

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  15. I haven't taken any true risk. Not like that. I want to but something always holds me back. But I know you can if you really want to. Try it. Fail or success you learned. And if you know a skill that others are looking for you could be hired...just saying.

    Good luck,
    Cody @Solemn Sound

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  16. I love this idea- I do this at work with nice work emails I get :) On stressful days- it helps to re-read them!

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  17. Good for you. My bf makes apps and seems to be doing well with it. Look forward to hearing how it goes!

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  18. great food for thought! I am not much of a risk taker... I need to do that more : )

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  19. Great idea :) Good luck xxx

    http://jeminixlife.blogspot.com

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  20. You are such a source of inspiration! I'm really really happy that you decided to make a blog and share your life with other because I think we can all learn from your motivation.

    I read this article
    a while ago and your post reminded me of it. The writer is a bit abrasive but he makes some great points!

    I look forward to keep up with your progress on this new quest!


    Ivan and Lola

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  21. you are so smart and talented. I cannot wait to see/use your finished app! Stay inspired my friend, it is so necessary when things get tough :).

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  22. I have to say, you have been an inspirations to me, Lady. My dreams are small but sometimes I am scared of my own shadow. Hearing you talk about these things motivates me :)

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  23. Life is about leaps of faith, thanks to reminding me.

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  24. Quitting my day-job is probably the biggest financial risk I've ever taken. Not sure if that's paying off yet financially, but it's certainly picking up my emotional and creative spirits!

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  25. Greta post! I am going to try this as well! I have a little over 5 years to try and accomplish this goal! Looking forward to keeping up with your progress as well!

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