Sunday, December 28, 2008

The Big Dreams

I would like to talk a little about your dreams, the big dreams, the dreams you had when you were 15 years old, 18 years old, or 20 years old. Do you know what I see?

I see people give up on their dreams, the big dreams, and it seems the older we get, the more we give up on our dreams. Try to talk to any 15 year old kids and they know that they are going to have a great car, a great house, a wonderful spouse when they will grow up. They know they are going to be rich, successful, they know they can be an astronauts or a football stars or a rock stars. There is no limit to what they can dream and they have very big dreams.

So, what happens along their way?

They go to school and college to get some education and when they get out they are twenty one years old, they get a job they don't really want, it's not their dream job but it allows them to survive. After few years they meet someone and get married and all of a sudden there is a baby and another baby and there are diapers and more expanses, so they look for another job for the extra money.

And all of a sudden you are 35 years old, 45 years old, 55 years old and you forgot your big dreams! My friend, It's time to wake up, don't give up on your big dreams. You can do it, the only thing that you need is to believe in you.

You are great and you can achieve everything you can imagine.Most people fail in life not because they aim to high and missed, but because they aim to low and hit! And many even not aim at all!

I encourage you to write down your big dreams, put the list in a place where can you see it every day and make the next small steps towards it.Please don't ask yourself: "How am I going to do it", The HOW is none of your business. Just focus on the next small step.

To Learn How Can You Master Your Life and Achieve Your Goals and Dreams, Visit: http://www.successeffect.com

Monday, September 15, 2008

20 Months to One Million

Being the owner of multiple businesses, I am always conscious of my money from both a personal and professional perspective. Our lives are very much intertwined and often controlled by our ability to manage, save and spend our money. I was recently reminded of a great concept that I learned about when I was a teenager.

If a person were to take one dollar, invest the dollar in an asset and then sell the asset for two dollars, they will have taken the first step in a 20 month process of accumulating a million dollars. The only habit that would need to be created is the habit of doubling the amount in hand every month for 20 months. The final amount at the end of each month would be:

Start - $1
Month 1 - $2
Month 2 - $4
Month 3 - $8
Month 4 - $16
Month 5 - $32
Month 6 - $64
Month 7 - $128
Month 8 - $256
Month 9 - $512
Month 10 - $1024
Month 11 - $2048
Month 12 - $4096
Month 13 - $8192
Month 14 - $16384
Month 15 - $32768
Month 16 - $65536
Month 17 - $131072
Month 18 - $262144
Month 19 - $524288
Month 20 - $1048576

Obviously the model is very simple and the idea is basic enough for anyone to grasp, however, I would like to expand on the underlying psychology of this concept. Let's imagine that we were going to make a committed decision to implement this model in our own personal financial lives and we could not skip any steps or take any shortcuts. By the end of the first year, we will have accumulated only $2048. This means that in the next 8 months, we will have to amass $997,952 more than we currently have to reach the one million dollar level.

At this point, this imaginary experiment becomes more of a fairy tale or daydream to the average person. But let's think about our minds and the power of focus. For the first 12 months of the experiment, we were making a monthly habit of acquiring assets (likely devalued assets) and selling them at a higher price point. As each month went by, we were forced to become more creative and innovative with our investments as the challenge of each amount grew larger. Assuming we were successful for the first 12 months, the challenge on month 13 would be to double $2048 to $4096. After an entire year of practicing with small amounts and getting into this habit, the only real change required would be to adjust our perception of the size of the investment. There are plenty of people in the world who have had success doubling large sums of money in short periods of time (business acquisitions, real estate and currency trading to name just a few). The average person may not understand how to do it but they most certainly could learn if they were to focus their mind and their attention on the task and do whatever it takes to learn the required skill.

I once heard T. Harv Eker use the extreme example that if there was a life or death situation and your life depended on you making a million dollars in one year, you could figure out a way to do it. I completely agree. The point I am trying to make is that I truly believe we are all capable of achieving a goal like this if the stakes are high enough. Why then, do so few people ever try to achieve such a major goal? Why do so many people reject the idea before giving any serious thought to it? There are probably a number of reasons, but from my perspective, the primary reason a person would never even attempt a goal like this is because in their heart, they don't believe they can do it. If they did believe they could achieve the goal, would they not be actively working on it? Of course they would.

With that in mind we can begin to understand the powerful role that beliefs play in our lives. From the standpoint of our minds, a psychologist would say that a belief is nothing more than an idea that we have consciously accepted as true and ingrained as part of our subconscious conditioning. So if we are holding on to beliefs that limit us and keep us from taking action on a life changing idea, with the proper awareness, we can make the conscious decision to formulate a new belief that supports us in our big life goals.

I think it is both healthy and wise for every person to take time out regularly to examine their habits of thought. Since this article is centred around the idea of financial goals and money, I would encourage you to step back and review your personal thought processes when you were introduced to the idea of '20 Months to One Million'. If you rejected the idea as something that was unrealistic or out of your level of capability, take some time to examine the belief you are holding that is causing you to reject the idea. What other limiting beliefs have crept into your mind that are no longer serving you? Can you replace those beliefs with a more empowering and gratifying thought pattern?

This concept always fascinates and excites me. If you would like to comment or share your thoughts, I would love to hear from you: justin@igniteyouressence.com or call me at 1-866-983-MIND.

Justin Popovic

justin@igniteyouressence.com

http://www.igniteyouressence.com

http://www.justinpopovic.com

Justin Popovic is the founder and key speaker for the personal development education company, Ignite Your Essence.

Wednesday, August 20, 2008

How to Become a Billionaire

Have you ever wondered how world's richest 10 persons earn their billions? And they achieved this while the rest of us struggle with our monthly paychecks?

Their secret to success is plain to see: all of them amass their massive fortunes through creating many income sources. That is, they all had successful multiple streams of income.

Here's proof on how they did it. Below is a list of the world's Top 10 richest people in 2007 and their income sources.

1) Warren Buffett (US; Net worth: US$62b): Stocks and shares investments, acquiring out-of-luck companies, re-structuring them and re-selling at much higher prices. His financial vehicle Berkshire Hathaway holds controlling stakes in big companies such as Coca-Cola, Kraft Foods, Johnson and Johnson, Wrigley and so on.

2) Carlos Slim Helu (Mexico; Net worth: US$60b): Major investments in Mexican equities market, telecommunication networks, electronics.

3) Bill Gates (US; Net worth: US$58b): Operating software, computer hardware, portable entertainment systems, acquiring competitors.

4) Lakshmi Mittal (India; Net worth: US$45b): Heavy industries, manufacturing, controls the world's largest steel-maker Arcelor Mittal.

5) Mukesh Ambani (India; Net worth: US$43b): Heavy industries, petrochemicals.

6) Anil Ambani (India; Net worth: US$42b): Heavy industries, petrochemicals, telecommunications, power supply.

7) Ingvar Kamprad (Sweden; Net worth: US$31b): retailing, restaurants, furniture and household appliances.

8) K. P. Singh (India; Net worth: US$30b): real estate, land investments.

9) Oleg Deripaska (Russia; Net worth: US$28b): aluminum trading, coal production and energy deals.

10) Karl Albrecht (Germany; Net worth: US$27b): retailing, grocery and discount supermarket business.

Of course, success leaves clues and can be replicated by anyone determined enough. However, chances are none of us are in the midst of buying a steel mill or launching a satellite telecommunication system next month.

So let's get back to reality. The good news is everyone, including you, is absolutely capable of making his first million bucks. And just like them, from multiple streams of income, of course. See what I meant by 'success leaving clues'?

In fact, earning passive income from multiple streams can be pretty easy once you learn the tricks, practice hard and get the hang of it. Start humble like them and perhaps one day you'll make it to the top 10 list of the world's super-rich. Best of luck!

Kumcheong wrote this article. If you liked it, there's more where that came from! Visit his Multiple Streams Of Income website to start your financial dreams, and grab your bonuses at no extra charge.

Article Source: http://EzineArticles.com/?expert=Kumcheong_Tang

--http://bemillionerfromhome.blogspot.com/

Sunday, July 27, 2008

Who Is Your Millionaire Mentor ?

If you are working on your dreams, you might be just one
ingredient away from unlocking and unleashing your destiny.

You might be one ingredient away from living your dreams.

You might be one ingredient away from becoming a Millionaire or
Multi-Millionaire or even a Billionaire.

This one ingredient often means the difference between taking
decades to reach your goals or speeding up the pace of
advancement to a matter of weeks or even days.

That one ingredient is a Mentor.

There are seeds of greatness within you right now, but sometimes
it takes the assistance of a Mentor to help them flourish.

I have been blessed to have had many types of mentors throughout
my life, from teachers in grade school, to youth service workers
in my community, to business people who saw something in me and
encouraged me or offered to guide me.

I lived in the same impoverished ghetto as people who went on to
join gangs, drop out of school, become addicted to drugs, and
many of them are no longer with us. They made different choices.
Those people had the same potential within them that I did. But I
had mentors to look up to.

I made a decision as a youth, to search out positive Mentors.
Not just as a one time thing, but as a lifelong mission. And
even though I have gone on to success in mentoring thousands of
people, I still Mentor others and I still seek out Mentors.

When mentors appeared, I embraced them and studied them. I read
what they told me to read, I went where they told me to go and I
did what they told me to do.

Sam Walton said, "Outstanding leaders go out of their way to boost the
self-esteem of their personnel. If people believe in themselves,
it's amazing what they can accomplish."

What makes a great Mentor?

A great Mentor sees more potential in you than you do in
yourself.

A great Mentor can show you the way and point out things you
might not otherwise see or be aware of. Sometimes weaknesses,
sometimes strengths, sometimes patterns that you unconsciously
practice that hold you back.

A great Mentor believes in you.

A great Mentor inspires you.

A great Mentor knows that the same seeds of greatness that are
inside them are inside you too.

A great Mentor cultivates and nourishes those seeds, they help
you grow.

A great Mentor helps you bridge the gap from where you are now
to where you want to be.

A great Mentor Coaches you to breakthrough your limiting
beliefs.

A great Mentor convinces you to believe you can achieve what
others deem impossible.

A great Mentor brings out the best in you.

Great Mentors do all of this and so much more...

I have been invited to be a part of an amazing new movement to
bring you some of the greatest Mentors of our lifetime. It is
actually one of the most powerful, positive projects I have ever
seen and you can be a part of it too.

If you would like to learn from today's most empowering leaders,
I urge you to head over to MillionaireMentor.com and
sign up so you can be part of this incredible experience.

I want you to reach your goals. I want you to live your dreams.
I want you to have access to the BEST Mentors anywhere in the
world.

Everyone needs a mentor to reach the next level.

All you have to do is take the next step.

Live Your Dreams

Jill Koenig, the "Goal Guru' is a Self Made Millionaire. A Best Selling Author, Coach and Motivational Speaker, she is an expert on the subjects of Goal Setting, Time Management and Business Success. She is the host of the Millionaire Mentor Radio Show. Her passion in life is helping you Achieve your Goals and Unleash your untapped potential. Learn Cutting Edge Strategies and get your FREE ebook at http://www.MillionaireMentor.com

Jill Koenig - EzineArticles Expert Author

Wednesday, July 23, 2008

6 Things My Millionaire Mentor Taught Me

There will be 10 million NEW millionaires over the next 10 years according to Paul Zane Pilzer our nation's foremost economist and financial forecaster. So the life changing question is , "Will you be one of them?" Earning millions of dollars no longer has to be ONLY a dream; it can be your reality.

Many people are cashing in on today's truths. And so am I. I have the privilege of mentorship and exposure to one of the greatest wealth coaches. My millionaire mentor Myron Golden has not only taught me life changing principles he has shown me how to implement them. If you are ready to be the next millionaire then take a further read.

1. Start changing the way you think. Your mind generates wealth or poverty. As my millionaire mentor says "Poor people are not poor because they have no money, poor people are poor because they are (mentality) poor."

2. Understand how money works. If you do not understand financial principles, then those principles are being used against you by people who do understand them. Lack of knowledge about how most financial principles work will keep you in poverty.

3. Manage your money as a millionaire. A money management system is an important factor in becoming rich. Don't wait to become rich to start managing your money-start now with Myron's CAN system.

4. Stop trading time for money. The reason people work for money is because they believe time is money. Millionaires know that time is not money. You can always get more money; but you can't always get more time.

5. Find a business that is hands free. Passive and residual money is an ultimate avenue to becoming a millionaire. Millionaires own business systems. They let their business give them time and money freedom.

6. Find a treasure guide who has already found the treasure. Take financial advice from people who are millionaires. Find a guide who has already found the millionaire treasure, allow him or her to take you by the hand and lead you to where it is.

The next millionaires are in progress because millionaire coaches are leading them. The coaches are not just limited to mentorship they can become friends.

A recent survey conducted determined your income is the average of your friends' income. Isn't time to get some new friends? Myron Golden is the author of "From The Trash Man To The Cash Man: How Anyone Can Get Rich Starting From Anywhere http://www.trashmantocashman.com

Vanessa Lewis is a mom-preneur empowering stay-at-home-moms to live out their entrepreneurial dreams. http://www.girlsniteoutspa.com

Tuesday, July 15, 2008

The Best Reason for Learning How To Become A Millionaire

Why should you strive to learn how to become a millionaire?

Why should you develop the millionaire mindset?

For money? For attention?

Well here's a powerful reason that's worth your
time to consider....

You see, in a recent interview with multi-millionaire
Jim Rohn (Anthony Robbins' original mentor) he
mentioned what he feels is the best reason for
learning how to become a millionaire.

Here's what Jim Rohn said in the interview...

"Set a goal to become a millionaire for what it makes
of you to achieve it."

Then Jim Rohn went on to talk about his own mentor.
A man with a true millionaire mindset.

Jim continued...

"My own mentor, Mr. Schoaff, had an interesting way
of teaching it. When I was 25 years old he said to me,
'I suggest, Jim, that you set a goal to become a
millionaire.' I was all intrigued by that. You know,
it's got a nice ring to it - millionaire.

Then Mr. Shoaff said, 'Here's why.'

"I thought to myself, 'gosh, he doesn't need to teach
me why. Wouldn't it be great to have a million dollars?'

Then Shoaff said, "No. Then you'll never acquire it.
Instead, set a goal to become millionaire for what it
makes of you to achieve it."

"Do it for the skills you have to learn and the person
you have to become. Do it for what you'll end up
knowing about the marketplace. What you'll learn about
the management of time and working with people. Do it
for the ability of discovering how to keep your ego in
check. For what you have to learn about being benevolent.
Being kind as well as being strong. What you have to
learn about society and business and government and
taxes and becoming an accomplished person to reach the
status of millionaire."

"All that you have learned and all that you've become
to reach the status of millionaire is what's valuable.
Not the million dollars."

Jim Rohn mentioned a bunch of amazing things during this
interview. But, this lesson really stands out as advice
we should all follow.

In fact, Jim Rohn wasn't the only millionaire who agrees
with the power of this lesson. Chicken Soup for the Soul
co-author, Jack Canfield gave the same lesson in an
interview with him.

Jack said, "It doesn't make a lot of difference to become
a millionaire. I've done that many times over and I can
tell you that it's nice to have a house and a car that
doesn't fall apart and all that."

"But, what's more important is who did I have to become
in order to become a millionaire?"

"I had to learn how to overcome my fears. I had to learn
how to talk in front of groups. I had to learn how to
plan a speech. I had to learn how to ask people I was
initially afraid of to loan me money, etc."

"All of that was scary. But, when I did it and survived
it, I was no longer afraid to do it in the future. Now
you can take away my house, my money, my car and
everything, and it wouldn't matter. I know how to create
more of those things because of who I've become NOT what
I possess."

The powerful lessons taught by the millionaires in these
interviews is priceless.

Jason Oman is the author of #1 best-selling Conversations with Millionaires. As well as being the President of Money Systems Technologies, a marketing firm that focuses on book marketing, author publicity and writing resources. Jason is an author's strategist specializing in helping clients achieve their goals of becoming a best selling author. For more information and free book writing secrets, sign up for Jason's newsletter at http://www.bestsellingauthorsecrets.com Get information on Jason's next best seller at http://www.conversationswithfemalemillionaires.com

Jason Oman - EzineArticles Expert Author