A Millionaire Secret

About 200,000 new millionaires were added last year according to Spectrem Group of Chicago who released its latest annual report of American millionaires early in 2012.   One can be a cynic and come up with unfair reasons why this happened.  Why be bitter, jealous or indifferent? Let’s celebrate the success of others unselfishly. Paul B. Farrell wrote a revealing blog titled Secrets to Being a Millionaire and Enjoying It.    It really comes down to ATTITUDE. It is all in your head.

It is deciding you have what it takes to take your life in whatever direction you need to take it to create value for others.  Paul identified 10 ways to think the right way:

1. Getting rich isn’t about the money
(It’s about creating value for others…improve peoples’ lives)
2. Think different
(Go  Your Own Way….take out that machete and carve that path…make life fun)
3. Accentuate the positive
( A positive attitude will offset “almost” any disadvantage thrown your way)
4. Quit doing what you hate
(Don’t let your life whittle away doing what you don’t enjoy.)
5. Do what you love
(Many times it starts as a hobby, then some pocket change and then….it happens a lot)
6. Find the real you
 (You will know it when you feel it…experience new things, meet new people)
7. Invest in “You Inc.”
 (Take the attitude that you right now own your own company..take pride in what you do)
8. Live with Passion
(Go through each day with enthusiasm, live with zest, you are a lucky person!!)
9.  Live in the moment
 (Live every day to its fullest, ..who knows what tomorrow brings…but today is a sure thing)
10. Make a difference
(Most millionaires love helping people and making a difference in other peoples’  lives)

 ACTION OF THE DAY
List 3 ways you can be of value to others.  One way at work, one way at home and one way for a stranger. Take action today. How did it feel? Natural or strange. Keep practicing this approach until it feels comfortable and natural. You will find so much joy in bringing value and happiness to others, that the inevitable future compensation you get from your services will happen automatically.

QUOTE OF THE DAY
“You are the masterpiece of your own life; you are the Michelangelo of your experience. The David that you are sculpting is you. And you do it with your thoughts.”
Dr. Joe Vitale   Motivational author and speaker

Picture Credit: © MinervaStudio | Dreamstime.com

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Am I an Entrepreneur? It doesn’t Matter

Entrepreneurs are critical to the success of our economy by bearing the financial risks to drive innovation and value to their customers.  We salute them.


Are there shades of grey in being an Entrepreneur or is it black and white?  Can you be employed by others but still bring significant value to your company?   If your employer fails, you typically simply move on taking on the risk of lost income, not loss net worth.  However, what if you started to think like an entrepreneur where you are currently employed. Deborah Bailey wrote an interesting article to reflect this concept titled Become a Star Employee by Thinking Like an Entrepreneur.  There are several key take aways:

Your Attitude
Entrepreneurs start out with a vision of what they want to create, whether it is a product or a service. As an employee, your vision is just as important. The good news is that you have 100% control of this

Be Creative
Another trait of entrepreneurs is the ability to find creative ways to get things done. You also  have 100% control of this. Entrepreneurs must think creatively even in their sleep.  If you only do so during your waking hours, you are ahead of a majority of others.  If your employer goes out of its way to keep your creativity at bay, pick your battles.  If possible, find a new manager more responsive to new ideas. Believe it or not, they are there waiting for you!!!

Keep an Open Mind
A most important trait of entrepreneurs is the ability to learn new information and to continue to adapt.  Guess what, you have 100% control of this as well.  Many people find themselves doing the same type of responsibilities for years and get comfortable. Are you in this situation? If so, find a new set where you are more on the edge. It will reawaken your thought processes and clear your mind for new approaches and opportunities.

Thinking like an entrepreneur will ensure you will increase your value to your employer. With this brings increased opportunities, greater income potential and a life filled more with excitement.

ACTION FOR THE DAY
Imagine receiving an unexpected letter in the mail. You open it up and it declares that you are the new owner of the company you currently work for.  You have been given authority to make changes in the way your company earns revenue or manages its costs. Take a look at your roles and responsibilities in your current position.   Identify 3 ideas to accomplish your responsibilities in a faster and/or more efficient way.  How would you run your newly found company with a positive attitude, creative approach and keeping an open mind?  Who would you want to talk to in your company to implement these ideas?

Quote of the Day
Whatever you can do or dream you can, begin it.  Boldness has genius, power and magic in it. Begin it now!! – Goethe


Picture Credit : © Shane Trotter | Dreamstime.com

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