This article is specifically for you if you’re looking to learn how to make $750k a year. You’re not alone and you’re definitely not delusional about this search. Making $750,000 dollars in a year comes down to making a staggering $62,500 dollars every single month.
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And if we do the daily math, that’s about $2,083 (in a 30-day month). So, basically, you’re in search of the most realistic ways to make $62.5k a month or $2,083 every single day. The good news is, it’s possible.
The hard news is, it’s not all that simple. But here are some methods to explore without further ado.
How to Make $750k a Year: 9 Smart & Sharp Methods
Car Dealership
If you want to learn how to make $750k a year, then getting into the car dealership business is definitely one of the ways to get there. This idea will require you to have a lot of money; enough to start a car dealership business off the ground with your licenses and everything else.
Ideally, you’ve got 12 months to make $750k in profit, which is very much realistic if you’re starting out with your stock of vehicles lined up for sale at your vendor venue.
Maybe car vendor is a right word to replicate the concept of making $750k a year selling cars, but you don’t need to be a vendor to make this amount of money in the car business in one year.
You can launch either as a vendor who/which is also a car dealership. The idea is to sell cars (used and new) and make a profit off the biz. I’m not going to tell you how to start a car dealership business to make tons of money in a single year, but then, you can make this happen if you learn the ropes and have some launch money.
Start a Blog
Right now, there are bloggers, standalone bloggers like myself, making more than $5 million dollars a year. Some mega blogs make this in a month. Blogging is fun. And it’s profitable with a really high ROI if you do things the right way.
So, basically, you start a blog and pump tons of quality content up the web space on your blog, kaboom! You start getting traffic. It’s that easy if you can get the right keywords to write on and actively promote your blog to boost blog ranking signals; and rank for terms to get search/organic traffic.
Once you start getting some traffic buzz, then you can monetize. Whatever you did to get your first 100 visitors a day, do it even more to hit 1,000 visitors per day. And do it a lot more with momentum to hit 10,000 visitors a day.
The lap between your first 100 consistent visitors per day and 10,000 consistent visitors per day is consistent upfront work. If you monetize your blog with ads like I’m doing on this blog, then you’d be making money passively.
If you incorporate other monetization strategies, then you can quickly reach $750k a year with your blog (which breaks down to around $62,500 dollars a month). This takes a lot of time. It takes a while to consistently hit $1,000 per month blogging. Then you can bank on consistency and scaling with your content to keep growing.
If you’ve not started a blog already, here’s a guide to help you start and grow your blog with ease.
Online Trading
There are different markets for you to trade on the internet. Whether it’s crypto or stocks you’re looking to trade, or Forex, you can definitely make $750k a year from doing this. However, you’ll need to be good at trading and have some money to start trading with. Trading the online markets isn’t free. You put in money, and then you take out even more money.
Depending on your level of expertise, you can make up to 500% your trading capital in a single month. It’s easier if you’re into trading futures; the amplified version of online markets.
Bottom line; making up to $750,000 dollars a year can happen if you trade the online markets profitably. Cut out the curiosity; take out some time to really learn about how the market works. Won’t be easy at first, but there’s a demo account feature to flex your apprentice skills.
Start E-commerce
The e-commerce giants right now include Amazon and eBay; both companies rip billions of dollars every single year in profit. But you don’t have to be one of them just yet.
You can start small or medium. If you’ve got so much money, then you can tap into the e-commerce market to establish your own space. If you don’t have so much money, you can start by learning how to start a successful e-commerce business.
Everything you need to know about e-commerce and launching big into success is on the web already. You’ll also need to decide if you’ll focus on physical products, digital products, or hybrid (a combo of both).
My take; e-commerce is a great passive income stream. And if you want your $750k/year to milk down from the web as passive income online revenue, then you should really give a thorough thought to launching your own e-commerce business.
Fashion Boutique
Fashion isn’t going anywhere. And we’ll always have newer trends in the fashion world. It’s funny but pretty much everything is beginning to make sense in the fashion world.
From multicolored tattoos to replacement of hairs with golden chains, crazy stuff is making a lot of sense. And it’s good for business. However, starting a boutique is a deep dive into the clothing niche of fashion. You’d cash out big-time.
It’s one of the ways on how to make $750,000 a year that’s both evergreen and doesn’t give credence to seasonality. The fashion business booms in every season as long as people still put on clothes and haven’t gone mentally rogue.
Another thing you’d really want to consider when launching a fashion boutique is the right location for this nature of business. Otherwise, you’d be making the reverse of $750k in a year; $57k or even less.
Pharmacy
Much more than money, you’ll need to have some certificates to stand eligible to start your own pharmacy. Hence, this is really a great idea if you’re in the medical field.
Starting a pharmacy of your own means you’re delving into the health sector; another evergreen field. And there’s every chance that you get to make much more money in a single year assuming you’re starting off from a sweet spot; the perfect location for the business.
You can also incorporate a supermarket or a store for people to buy other stuff while they buy meds. Trust me, running a business like this will cost a lot of money. And the profits in a year could balloon to $5m+ with all things in the proper order.
Start a Grocery Store
Another idea to make $750k a year in pure profits is to launch a grocery store. You can start this with a little experience in trade and some money; up to $50k. Everybody buys groceries; except the psychopaths. But then, you wouldn’t be the one running this business on your own.
From settling up the infrastructure to recruiting staff and configuring the payment methods there (and walkways), it’s a lot of work. If you have the right team or people who have enough experience in erecting grocery stores, the work would be easier (with less confusion).
Anyway, with the money, you can allot this as a contract to construction companies in no time. Grocery stores in the US generate an average of $14 million dollars a year. So, even if you’re starting a grocery store as little as your third apartment room, $750k in profit is attainable.
Acquire Startups, Businesses, or Franchises
Instead of stressing over starting something off the ground that’ll generate a yearly profit of $750,000 dollars, you could buy a business that’s already making around that figure a year and continue building the business for more revenue. Ideally, it’ll cost you more money. And there are several businesses like this in the United States selling for less than $300k.
You just need to find them. Another idea is to launch a franchise. You’d need to buy the license first before opening your own terminal for business. And it makes a lot of sense to buy franchises with the tendency to generate revenue in seven figures for you.
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Become Social Media Famous
Social media stars are making it happen. But it doesn’t take overnight to become a social media star unless Elon Musk or some celebrity tweets about you; just then, you can have a feel of overnight fame. Nothing good happens so easily.
And for this one, you’ll need to produce content consistently on social media, slowly grow your audience and retain the trophy at the end of the tunnel as a social media influencer. So, people who are famous on social media could easily make $750k dollars a year from posting sponsored contents including brand promotions, event promotions, brand campaigns, and
How to Make $750k a Year: 9 Smart & Sharp Methods – Summary
You can make $750k a year if you’re willing to put in the work. It doesn’t come easy, and I’m not promising that this will happen in the first year or second. But then, it’s realistic with these methods.
In summary, some of the best ways on how to make $750k a year include becoming a famous on social media or becoming a social media influencer, acquiring startups or businesses, starting a grocery store, opening a pharmacy or sponsoring the launch of one, venturing into car dealership, blogging (aggressively), trading financial markets online, starting an ecommerce website, and launching your own fashion boutique.
I mean, all of these are real businesses that can transition into million dollar enterprises with time.
