14 Unique Thoughts About Money that Every Millionaire Has

I’m sure you’ll admit that money pre-occupies most minds most of the time. Yet research shows that money and finances are one of the toughest things to crack. You need only look at the wealth distribution statistics to see the financial plight that most of society finds themselves in. The results? Well, quite clearly, financially wealthy people are in the minority.

Logically, we can only conclude that they are different from the average Joe Sope. Be it their thoughts, speech or actions – they are different. In this post, I want to highlight 14 unique thoughts about money that makes millionaires different.

1. They know money is abundant

Millionaires live in an abundant frame of mind. To them, nothing is limited or scarce. Whilst most people scramble around – doing things they hate – because they believe money will run out, millionaires know that money will never run out.

2. They know money is the root of all good

Whilst most believe “money is the root of all evil”, millionaires know that money is the root of all good. Money solves problems. Money gives you the power to bless others. Money changes lives. Money brings pleasure. Money liberates. In the right hands, money is the root of all good.

“What material success does is provide you with the ability to concentrate on other things that really matter. And that is being able to make a difference, not only in your own life, but in other people’s lives.” – Oprah Winfrey

3. They know money comes from Value Add

Millionaires know that the number one ingredient that attracts money is problem solving. When you solve problems, you add value to other people’s lives. When you add value, people are willing to pay you bucket loads of cash – happily so.

4. They know earning more outweighs saving

Most financial gurus will tell you to “save as much as you can”. That’s why most of society spends 40 – 45 years of their lives working to save for retirement. Whilst the benefits of saving are undeniable, millionaires know that your ability to earn more money is far more important than your ability to save.

5. They live within their means

In modern day society, we suffer from consumerism. It suffocates us to a point of no return. There’s nothing wrong with spending money. But there’s something crazy about spending money you don’t have. Millionaires budget. Within that budget, they understand the importance of spending less than you earn.

6. They know that time and money have little correlation

Passive income is a millionaire’s secret. By definition, passive income is earning money without you physically being present. Whilst the majority of people hustle and trade their time for money, millionaires trade and leverage their brains and assets for money.

7. They know that calculated risks are not optional

“Playing it safe” with your money is a sad way of living your life. Being stupid with your money is also a pathetic way of living life. But somewhere in the middle, lies a sweet spot. And millionaires know this. They take financial risks, in a measured and calculative way.

“Brave people don’t live forever, but cautious people don’t live at all.” – Richard Branson

8. They choose action not lottery

Whilst hard work and hustling every day is not a priority, waiting for the lottery winnings isn’t going to crack it either. Millionaires act. They believe in action that positions them to make money. The majority of society believe in the lottery, and hinge most of their financial success on luck. We all need some stroke of luck. Millionaires need a stroke of luck, too. But the difference is this: for them luck finds them on the path of action.

9. They value life experience over formal education

Life is a great teacher. It teaches you stuff that formal education will never teach you, especially when it comes to making money. It’s no surprise that most educated people are employed by ‘drop outs’. Millionaires realize that you learn more about money in the real world than you do through formal education.

10. They value education over entertainment

Although millionaires value life experience over formal education, they don’t – for one second – under-estimate the importance of education. They read books. They read current affairs and stay abreast of issues.

Sadly, the majority of society are soaked in entertainment. From television to movies, entertainment occupies a large chunk of their time. Over weekends, it’s parties and clubs – all in the name of entertainment. Millionaires know that money and habitual entertainment are an unhealthy combination.

“Poor people have a big TV. RIch people have a big library.” – Jim Rohn

11. They know you don’t need money to make money

Millionaires use the power of leverage. I’ve already mentioned that millionaires know that there is an abundance of money. Just because you don’t have money, it doesn’t mean that there isn’t money. In addition I highlighted that money is generated when you add value to people’s lives. When you solve problems, people are willing to pay you.

These two factors alone mean that if you have an idea that can solve problems and add value to other people’s lives and there’s someone out there with an abundant supply of funds, you are in a position to make money.

Focus on solving problems and creating ideas. That way, you’ll move from the notion of “you need money to make money” to “You need ideas to make money”. And millionaires know this.

12. They know money is a magnet

With money, you are able to attract things and people – both good and bad. When you value money, you attract good. When you disrespect it, you attract negative aspects. Millionaires know the magnetic power of money and how it can elevate your life to levels you could never reach without it.

13. They know making money is a process

There’s no such thing as “overnight success”. Millionaires will tell you it took years to become an overnight success. Genuine millionaires have invested time and effort to eventually generate the ideas that make them millionaires. They have made sacrifices that most are not willing to make.

Becoming a millionaire is a process. Cheat the process at your own peril.

14. They know that money should never steal your peace

Ultimately, millionaires know that money is a resource that liberates. But, it should never steal you peace. It should never be chased at the expense of your health, relationships and other important areas of your life.

Conclusion

As I conclude, I think of Andrew Mason, founder of Groupon – a coupon and discount site. Groupon generated the largest revenue in a 12 month period for a start-up company. Founded in 2008, it generated approximately $350 million in 2010.

What was Mason’s ingredients? Simplicity and value add.

He harnessed the power of collective buying. He created a win-win solution where customers save a ton of money, businesses gets an influx of customers, and Groupon takes up to 50 percent of the cut.

Where money is concerned, millionaires think differently. Apart from lottery winners and criminals, making millions is no fluke. You have to think, speak and act in a way that reflects that you are not mainstream. Go out there and cash in on your thoughts.

Source: http://cc.cc/730u

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7 Reasons Why You’re Not A Millionaire

If you’re not a millionaire, don’t give up hope that you will become one someday. Take note of the reasons you aren’t a millionaire and resolve to make changes that will make a million dollars obtainable, even for the average person.

1. You’re Not Your Own Boss
Although there’s no guarantee that self-employment will earn you a million dollars, it’s really unlikely that working for someone else will get you there either. There are very few jobs that pay million dollar salaries.
Don’t quit your day job tomorrow to launch a business, however. Instead, consider keeping your day job while you start a business on the side. You’ll have the security of your current salary along with an opportunity to create a business where you can earn extra cash.

2. You Avoid Taking Risks
People don’t become millionaires without taking any risks. Taking a risk doesn’t mean you need to invest all your money into a single investment or that you need to gamble earnings foolishly.
However, taking calculated risks is often part of good money management. No one gets rich on the interest they earn from the bank. Instead, millionaires know how to invest their money wisely.

3. You Never Act on Your Good Ideas
It’s one thing to come up with million dollar ideas, but a completely different thing to act on them. If you are more a dreamer who never puts his money where his mouth is, you’ll never get rich. Millionaires don’t sit around and watch others advance in life. They take action to help them reach their goals.

4. You Don’t Manage Your Money Wisely
The average person has the potential to become a millionaire in today’s world. Sound investments, a solid budget, and clear goals can mean that a person who earns an average salary can become a millionaire by retirement. If you don’t manage your money wisely now, however, it’s unlikely that you’ll be able to handle a million dollars with good sense. Establish a budget and create goals for yourself to help you save money now.

5. You Don’t Set Clear Goals for Yourself
People who don’t have clear goals aren’t going to make smart money decisions. You need goals to help you save money and invest wisely. Create goals, such as getting out of debt or saving up for a vacation home. Creating goals will help you determine whether or not you should spend your money on other things that come up in the meantime. If you’re saving with a specific goal in mind, it’s much easier to say no to tempting opportunities to spend money.

6. You Don’t Put in Enough Time, Effort, and Energy
No one makes a million dollars by watching TV or sleeping 12 hours a night. Unless you’re lucky enough to win the lottery or inherit a windfall, becoming a millionaire takes hard work.
Millionaires consider the time and energy they put into a project to be an investment. They understand they won’t get immediate results but are willing to put in the hard work it takes to see the fruits of their labor. Learn how to manage your time wisely so you can become more productive with your efforts.

7.  You Aren’t Networking with the Right People
You won’t become successful in life if you spend time with lazy people who aren’t interested in managing their money wisely. However, if you surround yourself with energetic, successful people, it will rub off on you. Develop relationships with successful people in your community. Look for people who can mentor you in your efforts to manage your finances, invest wisely, or build a business. Spending time with others who share your goals can help fuel your passion and efforts to become a successful millionaire.
Source: http://tinyurl.com/WhyYou-AreNotAMillionaire

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4 Secrets to Giving a Great Marketing Presentation



Presentation skills are critical to producing an engaging and interesting teleseminar that gets people to show up and to want more. Here's how you can make your teleseminars entertaining to your attendees:

1. Deliver great content. This is the most important presentation skill. In your marketing, you promised you were going to solve a problem for your customers. Deliver exactly what you promised and maybe even a little bit more. During your teleseminars, demonstrate to your attendees that you're helping them solve their problem in a unique way that's easy for them to implement. Below are five keys to ensure you'll do just that.

• Focus on specifics. The goal is to provide very clear, specific tactics and information that folks can immediately implement. If you're interviewing an expert and he says, "Well, you have to do X, Y, Z . . .," respond with "Exactly how do you do X, Y, Z?" You not only want to tell listeners what to do but how to do it so they can implement what you promised they'd be able to implement.

• Keep it relevant. Don't go off on tangents and talk about things that aren't related. Focus your attention and your guest's attention on exactly what you promised you'd deliver.

• Make it easy to apply. Make your content easy to implement so your attendees get the results you promised. You might even want to emphasize a particular item by saying, "This is something you're going to want to write down." You may want to list these items in a quick-start guide and, at the end of the call, wrap up with a quick summary: "These are the three things we talked about today. To solve the X, Y, Z problem, these are the five steps. Let me recap them for you.

• Be practical. Keep your information as simple to learn and as easy for them to implement as possible. Let attendees know the content you're delivering doesn't require any specialized or technical know-how, or if it does require specialized or technical know-how, then consider providing a bonus program or track to help them catch up.

• Make it memorable. You want your training to really sink in. One of the best ways to make a lasting impression is through storytelling. Quick stories about how you got started, or about how a person you know learned the material, or about how some celebrity or a famous brand is implementing what you're teaching--those little stories are important to help illustrate what you're trying to impart to your listeners.

2. Grab their attention. You want to start your teleseminar with something dramatic--a question like "Are you frustrated with the results you're getting from your marketing?" or "Are you scared to death about having your teen driving?" Use something dramatic that starts the program off with a bang. The goal is to grip the audience immediately, capture their attention, and get them focused on what you have to deliver.

Next, hit them with the big promise. For instance, if you begin with the question "Is your teen ready to drive in traffic?" follow it up immediately with the big promise: "Well, if not, in this program, we're going to teach you and your teen how your teen can drive safely. Your son or daughter will be confident and ready for any situation he or she might encounter out on the road." It's a big promise to say that teen drivers are going to be ready for any situation they find out on the road, but that's the promise that's important and relevant to these buyers.

The third attention grabber is the brief story. This story introduces a character who has a problem you can solve. In a teen driving teleseminar, you might say, "My daughter was crying and frustrated because she veered off the road and was afraid to try driving again. We taught her a few simple skills that I'm going to teach you in this program, and now she's excited to drive. Not only that, she's confident enough to drive her little brother to his baseball practices so my wife doesn't have to do it all the time." This simple story provides a bit of drama and human interest.

3. Illustrate your points with stories and examples. As you go through your teaching elements, whenever possible, use case stories to explain them. It's as simple as telling how someone else implemented what you are trying to teach. "Sally faced this same problem. Here is the solution she implemented, and here's what happened as a result. Her life is so much better now because . . ." Telling a story gives you compelling content that will really excite and engage your listeners.

4. Use teasers. Finally, at the end of your program, you should have teasers for the next program. For instance, if you're doing a teleseminar on navigating traffic with defensive driving skills, you could promote the upcoming module: "Next time in our teleseminar series, we've got honing your skills in parking lots and driving in reverse … ." It's your responsibility to make your teleseminars interesting enough that listeners want to show up on the next call. You not only need to deliver excellent content, but you need to deliver it in a way that's compelling and fun.

Source: http://tinyurl.com/MarketingSuccessTips

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