HOW TO MAKE A MIL­LION IN FIVE YEARS OR LESS

Can it be done? Can you be a mil­lion rand richer five years from now?

Finweek English Edition - - INSIDE - BY KRISTIA VAN HEER­DEN

Fi­nan­cial ad­viser War­ren In­gram likes to say mak­ing the first mil­lion is al­ways the hard­est. Un­for­tu­nately, many of us non-mil­lion­aires can at­test to the truth of this state­ment. Get­ting from one to a mil­lion is pos­si­ble, but if you hope to achieve that goal while you’re still in charge of all your fac­ul­ties, you should prob­a­bly get cracking right now.

So how do you go from zero to six zero hero in five years (or less)? Ja­son Garner, strate­gic re­la­tion­ship man­ager for Old Mu­tual Wealth, is fa­mil­iar with the ques­tion. “My clients of­ten ex­pect some mag­i­cal an­swer, like there was a memo that they didn’t get,” he says. “The re­al­ity is that most of us have some idea of how to go about mak­ing the elu­sive mil­lion but, quite frankly, we lack the mo­ti­va­tion to do so.”

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