So the simplest way to make a million dollars is to find a product you can sell for $100 that solves a problem for a large group people and then sell 10,000 of them. Either that or find something that you can sell for $10,000 and then sell 100 of them.
Mark recommends the following next steps:
Hard work and perseverance are two keeps to making money. A goal of making one million dollars in two years can be possible with the right idea. I would consider what type of item is missing from the marketplace and how you can create something to satisfy a need. Remember companies like Uber, Facebook, etc. all had to start somewhere and create a product to satisfy a need in the marketplace.
This is a very lofty goal and part of it depends on being at the right place at the right time with a product that people want. Do your research and come up with a plan, something that will sell in the marketplace. You will probably need seed funding to get your idea in the marketplace and present this to a venture firm. You will need tangible ideas of how to market and what the cost would be. Another avenue is joining a start-up company that will give you options if and when the firm goes public. This will give experience of how a company works. Prepare for long hours.
Janet recommends the following next steps: