Be a Millionaire and Enjoy It!

I read an article by Paul Farrell titled 10 Secrets to Being a Millionaire and Enjoying It! Here’s a summary of his major points.

1. Getting rich isn’t about money.When 5,000 millionaires were interviewed they spent an average of just 6 minutes a day on personal finance. They have better things to do.

2. Think different. Go where ther’s a unique opportunity that fits your unique talents. Don’t fit in, go your own way.

3. Accentuate the positive. According to a Special Forces instructor:

If you have a guy with all the survival training in the world who has a negative attitude and a guy who doesn’t have a clue but has a positive attitude, I guarantee you that the guy with a positive attitude is coming out of the woods alive.

4. Quit doing what you hate. Marcus Buckingham said:

Figure out what you don’t like, then stop doing it.

5. Do what you love. The really brilliant millionaires are those who selected a vocation that they love.

6. Find the “real you”. Get in sync with the real you. You may discover that through books and career counselors.

7. Invest in “You Inc.” Most millionaires work for themselves, pay less taxes and build equity in themselves.

8. Live with passion. Believe in something! Listen to the still small voice. What really ignites your passion?

9. Live in the moment. Warren Buffett once said:

I get up every day and have a chance to do what I love to do, every day.

10. Make a difference. Millionaires dream of making the world a better place, with visions of a better tomorrow for everyone.

Nothing earth shatterin here but I really did enjoy reading this article and he makes excellent observations. My take on these observations:

1. I’ve noticed that for many who just concentrate on the money-never really achieve being a millionaire or if that’s there total focus-they have no life balance whatsoever and are miserable!

2. I love his second point. I’ve meant many millionaores who just built a better product or enhanced products by thinking defferently.

3. Accentuate the positive-this is so true. Negative people suck all the energy out of those around them and are too negative to be successful. Avoid them at all costs.

4. We’ve all done something we hate. The question is this: do I have the guts to change. There can be some short term pain but it can be the best thing in the world, long term.

5. Doing what you love is probably the singlest biggest step towards success.

6. I think of all his observations-this is the toughest one by far! The real you is there but you may have many jobs, read many books and talk many hours to career counselors but it’s worth it! Dig deep and find the real you!

7. Investing in yourself is one of the scariest and sometimes one of the most difficult decisions but look for inspiration from others. I can think of Crystal and her husband, and Flexo right off the top of my mind!

8. Live with passion-or die! There is nothing worse than being around a person who has no passion, for anything.

9. Too many people are going to be happy and successful “if this” or “when” and then they wake up one day and realized they wasted their live and nver lived in the moment!

10. For those who truly make a positive difference the world and the associates around them are truly blessed. One of the proudest days of my life is when I invented an ergonomic crutch handle and took it to the market. The payoff was reading the letters of gratitude from those who loved the handle and it had changed their life.

Take the time to read the entire article and refer back to it frequently, it’s great advice!!

 

4 Responses to “Be a Millionaire and Enjoy It!”

  1. True. It is never really about the money. It’s about chasing dreams, proving something, wanting to make a difference, wanting a better life for yourself and for everyone else. Most people who do it for the money tend to become short-sighted and get stuck where they are. Most millionaires are visionaries who took action.

  2. Great set of tips. I think the most important one is ‘Invest in “You Inc.”’ It’s all about educating yourself and paying yourself first from your pay-check in building your savings. Paying others in the form of buying goods and services should come second.

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Dansette