5 things to do if you want to become a millionaire before 35

Lynn Nguyen DNUM_BGZAIZCABI 16:50

If you are not exceptionally talented and want to get rich at a young age, learn from what millionaires have done.

Here are five helpful tips from Alberto Favaretto, a former lawyer and owner of a well-known business firm.Maxim:

Learn how to solve problems at work

When you are the "nail" factor in the office, you become an irreplaceable character, more noticeable than those who only know how to complain about things that are not satisfactory. Of course, you will always be respected in the group, and rewarded commensurate with your contributions.

Mr. Adrian Cheng, 34-year-old millionaire in Hong Kong. Photo:Straitstimes.

Start your own business

Working overtime, even on weekends and even on vacations to start your own business is something many millionaires do. The goal is to get a few clients (friends and family don’t count).

Once you have 3 clients, think about increasing to 30. If you can't reach a certain level of revenue within 3 months, focus on finding a new business idea.

Stop debt

Avoid debt, both in cash and credit. If you feel like you can’t afford something, make a conscious decision to put it out of your mind. Remember, we don’t need 90% of the things on sale, so avoid impulse buying.

Stop wasting time

If you keep burying your face in social networks, you will have no time left to make realistic plans for the future. So, the first step is to delete Facebook, Twitter... applications from your phone, only use them on your computer - this will help you reduce your access time significantly.

Choose your friends wisely

This is considered the most difficult advice to follow, because it also involves the people around you, your close ones. According to experts, you should avoid being close to people who reduce your motivation and determination, and aim for optimistic, strong, positive personalities to have more energy for the future.

Lynn Nguyen