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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Career Path vs. Hobby

Can you make something you really enjoy doing as a HOBBY your CAREER PATH?

Let’s take photography. That can be fun. Who hasn’t experienced capturing the worlds best photo and feeling really good about it.

Photo by Graur Razvan Ionut.

Hey, wouldn’t it be great if someone paid me to do what I like to do? But converting a hobby into a money making venture can be a potential rude awakening.  Do you have the knowledge and capabilities today to begin the transition from your current career path?

An interesting article in STARTUP NATION addresses topics for converting your hobby into a business. http://www.startupnation.com/business-articles/1180/1/AT_Turning-Hobby-Into-Business.asp.   Key concepts:

1) Focus on the Prize.   Keep your focus and patience. The prize of doing what you love and generating an income over the long term must be high enough to develop and implement a plan over time.

2) Validate your Hobby can be a viable Business. Just because you can bake eggplant in 35 delicious and unique ways, does not mean there are enough people interested in your product and service.  Investigate. Use Google Search, Ebay, Craigslist. Do you see any competition? No competition, means you will have a nice long road ahead to create a market for your hobby.

3) Evaluate Yourself Realistically. Are you skilled enough at this hobby that other people actually will pay you for your service or knowledge, or do you just enjoy the heck out of it? Do you have the commitment and disciple to fully pursue this venture when it starts to feel like a job instead of fun?

4) Is there enough Revenue potential?  Similar to #2, but we are expanding from general interest in the marketplace to specifically defining the areas of Revenue you can realistically obtain? Going back to the Eggplant recipe example, you may live in a community who is in love with eggplant, but there is a natural limit to how many customers will buy your recipes or packaged meals.

5) Figure out how to stand out…..It is not enough to be as good as the competition, you need something extra. What is that something extra that will cause customers to move their business to you?

Action: Make a list of your hobbies and select the top 3 you enjoy the most.  Check out the competition on the internet. Do you see any? As you evaluate, don’t stop your day job or pursuit of jobs to keep your finances afloat.

Quote of the Day:  “Instead of giving myself reasons why I can’t,  I give myself reasons why I can.”      Author Unknown

The web address for graur razvan ionut’s portfolio is: http://www.freedigitalphotos.net/images/view_photog.php?photogid=987