How to grow 1 million networth to 10 million networth in 10 years time?

I have reached 1-million-dollar net worth. My next goal is to reach 10-million-dollar net worth in 10 years' time. I've asked Chat GPT what the 10 ways are to hit the 10-million-dollar net worth and what are the probability of success.

Here are 10 possible ways, with a rough probability of success (my estimates, not guarantees):

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1. Aggressive Stock/ETF Investing

• Invest in growth stocks, small caps, tech, or emerging markets.

• Requires discipline, timing, and risk tolerance.

• CAGR target: 15–25%.

• Probability of success: ⭐⭐ 15–20%.
  (Possible, but hard to sustain 10 years without major drawdowns.)

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2. Real Estate Development / Leveraged Property Investing

• Buy undervalued property, use leverage, develop/rent, and compound profits.

• Works especially in fast-growing cities like Singapore, Malaysia, or overseas hotspots.

• CAGR target: 20–30% (with leverage).

• Probability of success: ⭐⭐⭐ 25–30%.
  (Good if you understand property cycles and financing.)

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3. Build & Scale a Business

• Starting your own company with scalable growth (tech, e-commerce, services).

• Businesses can grow much faster than passive assets.

• CAGR target: 30–50% (if successful).

• Probability of success: ⭐ 5–10%.
  (High upside, but most businesses fail before scaling.)

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4. Private Equity / Angel Investing

• Invest in startups or private businesses before they grow.

• Can return 10x or more if you pick winners.

• CAGR target: 25–50%.

• Probability of success: ⭐ 5–10%.
  (High risk; most fail, but a few huge winners can carry portfolio.)

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5. High-Level Career + Stock Options

• Work in top roles (tech, finance, biotech), negotiate stock options.

• E.g., executives at FAANG, startups, or unicorns.

• CAGR target: 20–30% via comp + equity.

• Probability of success: ⭐⭐ 10–15%.
  (Needs career leverage + luck with company success.)

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6. Hedge Fund / Quant Trading

• Active trading in equities, futures, or crypto with strategies.

• Needs skill, system, and discipline.

• CAGR target: 25–40%.

• Probability of success: ⭐⭐ 10–15%.
  (Possible if you’re exceptional, but most traders lose long-term.)

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7. Cryptocurrency & Blockchain Ventures

• Investing in crypto projects, tokens, or blockchain businesses.

• 10x is possible (crypto already produced many 10x cases).

• CAGR target: 30–60%.

• Probability of success: ⭐ 5–10%.
  (High volatility; huge upside, but timing is everything.)

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8. Franchising / Multiple Businesses

• Buy or start franchises, scale to multiple outlets.

• Cash flow + reinvestment accelerates growth.

• CAGR target: 20–25%.

• Probability of success: ⭐⭐ 15–20%.
  (If you pick the right franchise model and location.)

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9. Combination Strategy (Barbell Approach)

• Core safe investments (bonds, index ETFs) + high-risk bets (startups, crypto, trading).

• Limits downside while keeping upside open.

• CAGR target: 20–25%.

• Probability of success: ⭐⭐⭐ 25–30%.
  (Balanced risk, not all eggs in one basket.)

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10. Partnerships & Joint Ventures

• Team up with others to pool capital, skills, and networks.

• Could be in real estate, startups, or funds.

• CAGR target: 20–30%.

• Probability of success: ⭐⭐ 15–20%.
  (Stronger with good partners; weaker if trust or management issues arise.)

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🔑 Key Takeaways

• To grow $1M → $10M in 10 years, you need very high returns (~26%/yr).

• Safe passive investing won’t cut it (likely $2–3M max in 10 years).

• Realistic best bets: property leverage, building/scaling a business, or barbell strategy (some safe + some moonshot bets).

• Probabilities: Only 10–30% chance realistically, unless you take big risks and succeed.