I wrote a book called “How To Stop Working And Make A Million Pounds Instead.” So I was very interested to read someone else’s take on how to make a million in a year, which they broke down into four key points. Here they are:

1. Choose a growing market… If you can find a growing trend you can ride the wave all the way to the top.

2. Figure out how to make money first… Don’t follow the .Com path and start a business with little idea where the revenue will come from. A business that doesn’t make money is a hobby.

3. Find a market with competition and be the best. If there’s no competition, there’s probably a very good reason! You’re unlikely to be the first to come up with an idea, so no competition probably means it’s not a great idea. Figure out what the competition do badly and aim to do it better. In fact aim to be the best.

4. Constantly review, revise and repeat. Never stop analysing and improving.

I can’t argue with any of that. Excellent advice.  Just one more thing not mentioned here which is critical… Take action!  Nothing works until you do.