Earning your first £1m Watch

Toiletpaper8
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#61
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#61
I have no desire to have that much money :p:

I'm considering a career abroad anyway
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nnnnl
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#62
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#62
abroad like wales?
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coldfusion
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#63
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#63
Inflation will mean that a million is much more easily attainable. I mean even nowadays, a small terraced house in the middle of london is worth a million.
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Chemical_Scum
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#64
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(Original post by bruceleej)
How are you planning to achieve that? Nobel prize or Investment banking?
Because I seriously doubt EEE will make you a mil in 2/3 years.

EDIT: No offence, Im going to be doing EEE myself at IC, just curious.
lol if any degree is going to make you that kind of money fast its EEE. Virgin, Coca Cola, Tescos and such forms of enterprise required no specialist training to conceive of and all the skills involved in implementation were learned in a non academic environment. in short if thats the kind of enterprise I want to develop then there is no university course on earth that will prepare me for it any more effectively than I can myself. EEE however will give me knowledge and skills that make enterprises such as Apple, Google, IBM, Microsoft, EA, Orange, Facebook and countless others a real possibility. The point is I couldn't hope to enter such markets/create similar markets without the formal training provided by a EEE or computer science degree. Look at Jeff Han, Jeff Hawkings, Sergie and Larry, Gates, Steve Wozniak (Jobs didn't really do anything technical) and many many others. All of them walked into multi million and billion dollar fortunes with very little initial capital because they had specialised knowledge and were operating in a relatively competition free market. they didnt even need to use boom entry and even if they did it would have been vastly cheaper than in a conventional market e.g starting your own furniture store or bookstore. how many chocolate bars, soft drinks, car makers, fashion outlets etc. are out there? even those industries have very small start up costs compared to things like Oil,Steel and other commodity based industry. EEE means I can compete in or even create my own markets at very little cost compared with conventional industry. I mean Bebo was made by an Imperial Physicist for nothing lol and sold for £500,000,000 less than 5 years later!I'm not saying thats definitely the industry I want to be in (though it kind of is, to start with) but what I am saying is that I want to have a choice. After my EEE degree I will be able to conceptualize a product in virtually any market on earth. Successfully marketing it is another thing . I don't want to give much away but I have like a hierarchy of products I will be looking to develop whilst studying for my degree. Little mobile phone applications I can develop on my own or with a couple of friends all the way up to the big stuff I'd like to work on with backing from a big VC. that just an explanation of why EEE in terms of business but certainly not my only means of making money. I will be making 5k per fight pretty soon and if i actually develop a good record (which is the plan) that could easily be 20-50 by 2014. even better if i'm anywhere near as successful as some of my team mates i could be looking at massive sponsorship from multiple sources. i know a guy on something like 50Kpa (probably more) from only 3 different sponsors! im better than 5k+ fighters i know right now lol. thats money i would be plowing into forex or TradElect or something (obviously i'm only interested in E-DAT, don't want to waste money on brokers). theres a lot of different industries that i'm interested in but tech is where the low cost money is at. i have some fantastic ideas for websites that would be sure to see tonnes of traffic and thus revenue from google adds or whatever. you only need to look at TSR to see a prime example of such a business model. as George Soros says, any intelligent person can be rich in a capitalist and free market system. he just needs to be motivated to be so. as you can see, plenty of highly intelligent people place little value on the contents of their wallets, and rightly so. neither do i. my motives are Philanthropic but more importantly, i am more concerned with creating value than creating wealth. there is a big difference. those who set out to become rich are usually idiots. those clever engineers who want to solve a problem or enhance a system/product are the guys who create true value. often however they don't care about the money. imagine if Tim Berners Lee had patented the net lol. he'd be the richest man on earth surely.

and btw, 1 million is a very modest goal . I will be making much more than that I assure you!
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Trevor 12345
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#65
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#65
(Original post by Micky13)
well it wouldn't in the north either really...all 5 bedroom houses in decent areas are 1million plus...tho they will no doubt go below that figure over the next few gears...and then no doubt go back up again....

erm ....lol

sorry ??

http://www.propertyfinder.com/cgi-bi...&tm=1219702760

or

http://www.propertyfinder.com/cgi-bi...&tm=1219702760

or

http://www.propertyfinder.com/cgi-bi...&tm=1219702760

or

http://www.propertyfinder.com/cgi-bi...&tm=1219702934

or

http://www.propertyfinder.com/cgi-bi...&tm=1219703020


etc

etc

all less than 1 000 000
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ifyouwannaberalphslover
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#66
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(Original post by ILikeToHaveFun)
Anyone else got the desire to earn/make it?

Discuss.
i'm already a fat millionaire - everytime i did yo momma, she gave me a biscuit and a pound

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xxstace123xx
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#67
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#67
I wouldn't mind it like :p:

My dad has just made his 1st
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fisherman
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#68
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I fully intend to earn a million. I reckon I should have it done before the age of 25, so 7 years away. I value money. I don't think money doesn't matter.

Personally, I think I'll be pleased should I break the 100 million barrier (adjusted for inflation of course, 100million in 80 years will be worth a lot less than it is now). A billion would be good, but not something I desperately want.
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Chemical_Scum
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#69
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(Original post by fisherman)
I fully intend to earn a million. I reckon I should have it done before the age of 25, so 7 years away. I value money. I don't think money doesn't matter.

Personally, I think I'll be pleased should I break the 100 million barrier (adjusted for inflation of course, 100million in 80 years will be worth a lot less than it is now). A billion would be good, but not something I desperately want.
what uni you going to?
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fisherman
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#70
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(Original post by solo2wolf)
what uni you going to?
Currently unknown. However, I would like to go to cambridge, mit, or caltech. To do physics.

However, I don't plan to do a career in physics. I am going to uni primarily for fun, for my interest, and to make contacts and have a degree to make me look good.

I'll be making my money as an entrepeneur.
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Chemical_Scum
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(Original post by fisherman)
Currently unknown. However, I would like to go to cambridge, mit, or caltech. To do physics.

However, I don't plan to do a career in physics. I am going to uni primarily for fun, for my interest, and to make contacts and have a degree to make me look good.

I'll be making my money as an entrepeneur.
Looks like you're looking for the same contacts as I am. Why the hell not Imperial!Pure science and tech grads like Caltech and the best in Europe. Go to MIT or Caltech and I hope you've got deep pockets! Imperial is the most successful UK uni in terms of spin-offs and startups. Look up Imperial Innovations for example or Imperial Entrepreneurs. There are whole divisions of VC firms that plow money SOLEY into Imperial startups. I'm sure the same could be said of Cambridge though.
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daleyboy69
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#72
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tbh making a million is a very modest goal. but it all depends what you want, having a regular job working 9-5 you would earn a million in 20 years if you were on 50k a year but minus costs and everything you probably wnt see a bank balance saying £1,000,000. i myslef although i am doing a degree have no desire to work for anybody else. it just doesnt appeal to my nature. all i have ever done since i was young is want to own my own company. i spend my life researching new business ideas. my first memory of creating a business was writing a newspaper about our village when i was like nine and wanting to go and sell it to my neighbours(my mum wouldnt let me ) i want to own my own company for more than wealth, i want to be able to run things on my schedule(i often get most of my best ideas at 4am) answering to myself. then to gain a successful established company. for me money is a by product of success. i hate people being negative about saying you wont be a millionaire etc because ive had to put up with it all my life, my mum likes safety and security in a job, me and my dad like to be more adventurous, my dad wanted to sell his current business(its only a small cleaning company) and start up a garden nursary but wanted mum to leave her job she wouldnt so he still has his small cleaning company lol. Although i want to run my own companies for other reasons apart from just wealth, there are little things which keep my drive going such as nice houses( i saw a house the other day for sale for (£775,000) 6 bedrooms with an indoor swimming pool and gym and thought im going to have that one day good luck all
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Planto
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#73
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#73
(Original post by daleyboy69)
more adventurous
Good album.
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iliketurtles
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#74
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(Original post by solo2wolf)
lol if any degree is going to make you that kind of money fast its EEE. Virgin, Coca Cola, Tescos and such forms of enterprise required no specialist training to conceive of and all the skills involved in implementation were learned in a non academic environment. in short if thats the kind of enterprise I want to develop then there is no university course on earth that will prepare me for it any more effectively than I can myself. EEE however will give me knowledge and skills that make enterprises such as Apple, Google, IBM, Microsoft, EA, Orange, Facebook and countless others a real possibility. The point is I couldn't hope to enter such markets/create similar markets without the formal training...
blah blah blah
...ing wealth. there is a big difference. those who set out to become rich are usually idiots. those clever engineers who want to solve a problem or enhance a system/product are the guys who create true value. often however they don't care about the money. imagine if Tim Berners Lee had patented the net lol. he'd be the richest man on earth surely.
Will EEE educate you in how to paragraph properly?
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Malsy
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#75
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#75
//
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Planto
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#76
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#76
I love how many people seem to genuinely believe that their degree will fast-track them to success.
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Chemical_Scum
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#77
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#77
(Original post by iliketurtles)
Will EEE educate you in how to paragraph properly?
up until a few days a go i used to write like dis so u shud be gr8ful im usin like capital letrs nd stuf az it iz nd stop ur winin. if it troubles you dont read my priceless contribution to the thread.
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username156568
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#78
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(Original post by Planto)
I love how many people seem to genuinely believe that their degree will fast-track them to success.
I agree. A degree is necessary, however - they are far too common these days. You have to make yourself stand out - how? Your degree result. There's only one spot at the top and joint first does not count.

Its all about how you use your degree and what you do after.
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Chemical_Scum
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#79
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(Original post by Planto)
I love how many people seem to genuinely believe that their degree will fast-track them to success.
depends what you call success. if salary is a factor then it certainly does make a difference. Imperial has the second highest starting salary of UK unis. LSE has the highest. uni does make a difference as much as i dont agree with it.
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Planto
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#80
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(Original post by solo2wolf)
depends what you call success. if salary is a factor then it certainly does make a difference. Imperial has the second highest starting salary of UK unis. LSE has the highest. uni does make a difference as much as i dont agree with it.
No. No degree will guarantee you success. Of course a good degree will work heavily in your favour in terms of initial employment prospects - it may even be mandatory - but even then it isn't the be-all, end-all. You're gonna need to be in possession of a little competence, too, which isn't necessarily a given with a graduate from anywhere.
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