Recently Dr Irfan Khairi posted up what he did when he had his first 1st million when he was 25 @ his blog.
Can this be applied here because he is in Malaysia. Ok firstly Dr Irfan actually bought a Condo & a Car in cash. His reason was simple – He did not want to have debts. This was to make sure that his family are secured first. In uncertain times like this, being in debt is not a good idea.
If you happen to be on your way to make your first million, would you do the same. Personally I would but I won’t stay in the Condo. I would rather rent it out and get passive income on a monthly basis. For a car eh…Well the dream car is always the FERRARI kan…but that would cost me like 1 million and make me broke immediately..So I guess turning dad’s car into a Black plate would be a good idea. Heh!!
Then the rest of the money would be stash in savings and other forms of investments such as being a Venture Capitalist to start off other entrepreneurs. 
So yeah what would you do?
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- When will you hit your first million
- $100 Million Dollar competition..
- 50K funding to look forward to…
- KL Part 2- Interview with Dr Irfan Khairi
- Condo or Car
I would invest half a million dollars in premium domain names. Monetized them. Grow the traffics. And watch the money grow from the comfort of my bedroom.
I wished! Haha.
Haha that’s possible. Good idea to buy domains that’s everlasting..hmm ok aren’t most of them taken up already..hmmmmm
Nah I still believe the investment should be into people. Training, educating them to become responsible Entrepreneurs.
Wah same same
Beli rumah, establish my home-base … Rent out extra room
Invest more in other money revenues
Savings done too
Get more cert/credentials
Pick up new skills, invest in myself