Most millionaires and even billionaires began in a disadvantaged state of being. Henceforth their desire to become wealthy. Regardless of race, many CEOs and entrepreneurs started from the bottom. I had the honor of being taught by Professor William D. Danko, co-author of The Millionaire Next Door - The Suprising Secrets of America's Wealthy. Through this work, many others and personal conversations I notice a pattern in the lives of the wealthy. You will discover these 3 elements:
Besides the idea of wanting to become rich, one has to have a cause, a reason, an idea that will serve a purpose and create value in the lives of others so much so consumers are willing to exchange their money for his or her product or service. This is key in creating wealth. Many dreamers have the desire to get rich but lack the idea that will bring them into a state of material abundance. Discover your gifts; abilities you were born with to serve others in the world. Then find the specific people who need and want what you have to offer. Your gifts along with an idea open doors to much tangible wealth if used wisely and appropriately.
How Money Works
It is key to learn how money works. Small beginnings is often times the best teacher. Money only amplifies the individual so what ever you do with a little you will do with a lot (just on a grander scale). When you discover what money is, how to create it, and how to maintain it you will find yourself gathering wealth little by little.
The method used to create one dollar can be used to create a million. Some may see it as simple but things that make the greatest impact usually are. Yes, the method may be tweeked or entirely different, because there are many ways to make a million, but consistency is vital. One drop of water consistenly dripping on a bolder can wear in down overtime. Find your methods, put them to work, tweek when neccesary and watch your wealth grow.
Being wealthy is a learned behavior. Anyone can amass great riches if they become a student (inside and outside of the classroom) of purpose, service, and personal finance. It takes having your mind right in order to get your money right. #bnm
Good Reads: Mind Right Money Right: 10 Laws of Financial Freedom & What The Fico 12 Steps to Repairng Your Credit by Ash Cash + The Millionaire Next Door: The Surprising Secrets to America's Wealthy by Thomas J. Stanley & William D. Danko
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