Spend the time it takes for you to hunt and kill meaningful contract work looking for a better paying F/T job, then use your nights for hobbies, cooking, exercise and socialization like (lowercase g)od intended.
I wonder if growing a successful 7 figure income is easier than becoming a 7 figure exec.
Besides, by being a 1M small business you're solving problems for society, by being a 1M per year top exec you're probably at the level you're bribing politicians, brainwashing people with ads and woke marketing and generally making the world a worse place.
You are right that 7 figures annually is different than just 7 figure net worth. However, if you have a 7 figure net worth, you could probably get to 7 figures annually relatively easily.
something to reasonably expect, might be be a 4% real return (i.e. net of inflation). that's achievable with discipline and no skill through low fee passive index investment. luck of avoiding catastrophes would also help.
at 4% real return, assuming you paid zero tax, your wealth doubles roughly once every 19 years. To throw off a 7 figure income at 4% real return you need $25m invested. That's 4.6 doublings of your initial $1m, so after 80-something years you're across the line. better start early.
Another way to accelerate the journey is to cheat and convert your money into a currency that is extremely devalued, then your income can have many additional figures even if your wealth is unchanged.
Any director at FAANG will make that much.
Then your priorities are probably fucked. Assuming this isn't just a devil's advocate hypothetical.