Million Dollar Secrets

Jim Hart asked:




Financial success is tough to achieve when people don’t have much money to start with. I have been pondering this dilemma and have come to a logical conclusion, which has tremendous potential for those who can grasp the simplicity of the concept.

Let’s debunk and/or clarify a few issues: First, it does not take much money to make money. Secondly, it is true that you can make more money selling products than services. Why? Because your income potential with services is limited to your ability to deliver quantity-of-service-per-hour. Whereas; a product can be produced and delivered at nearly infinite levels depending on consumer demand and production capacity.
It is also true that millionaires have a superior perspective on how to make money over the common person and this can be proved true by the fact that not everybody is a millionaire.

So how does a millionaire make millions? By investing money into things and ideas that “make money”…
Millionaires want a return on their investments and ROI is the KEY to success. The problem for most people who dream of making a million dollars is how to get from zero, or nearly zero dollars to a million–that’s where the mental grid-lock happens. People can’t figure it out and give up, get a job and do what everybody else does, follow the followers.

As I was contemplating this issue it dawned on me that making a million dollars, with no inertia, is way to complex and basically an unachievable goal, and that is why most people cannot achieve it. Then the simplicity of the process hit me. The way to make a million bucks starting with one hundred dollars. The KEY is ROI. The key is to smart small and apply one rule of thumb to whatever you do and here’s the formula that will allow you to take $100.00 and turn it into a million:

Whatever you invest in with your money, double your profits when you sell it. It is that simple. Knowing this, then you must buy/invest into something (anything) for the lowest possible price with your initial $100.00 so that when you sell it, you recover your initial investment, cover all your costs associated with selling the product, and after the dust settles, you have $200.00. Then, repeat the process. It’s kind of like the “double a penny everyday for 30 days” angle where at the end of 30 days, you have a million dollars… only this is more practical because you are exchanging a product for money rather than just doubling pennies without a source for pennies.

Let me say it again: Invest $100.00 into any product so that when you sell it, it is priced to recover all your costs and doubles your money. Then, repeat the process. That product could be anything from A to Z. The key is buying low, selling high and doubling your initial investment. If you can’t double the investment under this theory, don’t invest. Let’s look at the math:

$100-initial investment.

$200-first ROI

$400-second ROI

$800-third ROI

$1600-fourth

$3200-fifth

$6400-sixth

$12 800-seventh

$25600-eight

$51200-ninth

$102400-tenth

$204800-eleventh (1/4 million)

$409600-twelfth (1/2 million)

$819200-thirteenth (nearly a million)

$1638400-fourteenth (nearly 2 million)

Instead of thinking about “making a million dollars” change your thinking to “doubling your money” on everything you invest in and start small. In fact, starting with $50.00 only adds one additional step to making a million dollars. Don’t have $50.00? Start with $25.00, you get the point. I have pondered this and here is a truth: If you can’t implement this simple, logical plan to make a million dollars, the chances are extremely high that you will never become a millionaire. Why? Because if you can’t do the little things first, you will never get the big things done. Start with whatever you have to invest and double your ROI.

I don’t know about you, but as you are reading this, I am thinking about my potential investments.

Think about it…

Copyright ? 2006

James W. Hart, IV

All Rights reserved

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Terry Hart asked:




One would think successfully investing one million dollars would be a simple matter. Clearly getting a return on $100 dollars is easier but the return in terms of dollars is not much. Investing one million dollars on the other hand, would deliver a very usable return even if you managed just 5%

Clearly the goal of investing one million dollars is to make an income. This sort of money can give anybody a decent middle class lifestyle. Lets say you get a return of just 7% and that would equate to $70,000 dollars or $1400 approximately each week.

If your goal was to just have a passive income there would be nothing simpler than putting the whole thing in a fixed term bank deposit at 10% There is nothing safer and nothing simpler than a bank deposit and the big advantage is you can save money on your financial planner. Nothing easier.

But if you want bigger returns, you may need to park your money in real estate because historically, you can get a double return. Around 7% on the appreciation and another 7% on the rentals you may receive.

Of course some people that have amassed a million dollars have special skills and expertise. These skills can be used to invest in the form of a business that yields a passive income. An investment like this is much more lucrative and a return of 30% to 70% is not unheard of. This is also a lot more risky and to a large extent is based on your abilities and skills. Obviously you should assess your options carefully but these are a few sensible ideas.

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Roy Leadwell asked:




The question that you have been asking yourself for years is, “Can I Make a Million Dollars?” The answer is yes you can but it is really up to you to answer that question for yourself. Are you someone that is a dreamer and never acts on their dreams? The real reason most people stay where there at and do not gain financially is because they are not willing to act on their dreams and ideas. The only way you are going to make millions of dollars is if you find your niche and promote it and work everyday to make it successful.

Most Millionaires made it because they did not listen to those people telling they could not make it. Whether it is your family of friends telling you that you need to keep that good job and to stop with all the crazy ideas, or just your inner voice telling you to be cautious and not to take any risk. This kind of thinking will keep you exactly where you at right now.

Those people who took a risk and ventured outside there box are the ones who made it big. They did not listen to any negative people and only stayed positive and focused completely on their goal. They went the extra mile to make sure no one was going to stop them from accomplishing their dreams.

If you want to be a Millionaire you need to have that mindset. It is important to stay very focused and always be thinking of where you are going and do not be satisfied where you are.

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Jimmy K Dean asked:




There are several guides on the market that promote marketing your business. 90-Day Affiliate Millionaire is another one of the hundreds. This particular guide is good for the beginner and intermediate marketers. There seems to be somewhat of a question if this is for the advance marketer.

This guide gives a good idea of what is required of an affiliate marketer and how they should go about implementing what they have read. It does not provide very good support and lacks clear and precise examples along with no website templates, keyword suggestions or email forms.

It claims that you can make over 1 million dollars in 90 days buy following the step in this guide. The Author is a gentleman by the name of Daniel Jeffreys. I do not know this person but he claims not to be a marketing guru. He claims his millions came from doing internet marketing online.

Before you buy or invest in the 90-Day Affiliate Marketing Guide you should look at what others have to offer. Do you ever buy the first house or car you see? Probably not and there certainly are other guides out there.

One of the things it seems that this guide does not offer is one on one coaching or some other tools that can help beginners. There does not seem to be a clear cut example or website templates. One of the key elements in internet marketing is keyword suggestions. There does not seem to be any keyword suggestions.

I have done a review of the 3 top internet marketing guides, techniques or resources on the internet. The 90-Day Affiliate Marketing Guide did make the top three list, but it is not the number one. The biggest reason for the one picked as number one was because it does offer one on one coaching and it has a full community of other marketers to help you out. To the best of my knowledge and on the writing of this article 90-Day affiliate does not offer one to one coaching or the community.

The 90-Day Affiliate Marketing Guide is a good guide and starting point but having coaching and others you can share your ideas with can occasionally make a big difference.

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Jim Anderson asked:




I found Slumdog Millionaire to be a curious movie.? It comes from the emerging “Bollywood” in India, and it exposes the contradictions of the worldview that is prevalent in the area, that has perpetuated the caste system.? This movie is all about the human struggle in the lower end of the caste system.? When Americans see this film, they are appalled by the oppression, yet the caste system is an integral part of the society in that part of the world where Hinduism prevails.? In our society we are beginning to embrace postmodern values that consider all religions equally valid, yet we contradict ourselves when we are offended by the oppression we see in this caste system.

What would it be like if we had a lower class like the “untouchables” in India here in the U.S.; a class of people that only deserved the most menial jobs?? What would it be like to only be allowed to clean toilets for a living?? Then your children follow you in your line of work.? If they try to look for a better job, like becoming a teacher or a nurse, they are first asked what their caste is.? It would be intolerable in our country.? We simply wouldn’t allow it.? Yet somehow there are many that are validating Hinduism in the name of “tolerance.”? But, how can these two conflicting values co-exist without compromising our own values?? This is an important question.

There are an increasing number of “Dalits” converting to Christianity despite the “anti-discrimination” laws that the Indian government has passed to compensate for their discrimination.? When they convert to Christianity, they lose their “benefits” under these laws, and it puts them into a state of grinding poverty.? So those 25 million plus secret Christians pretend to be Hindu in public to avoid persecution.? India is thought of as a democracy, but is without one of the basic tenants of a democracy, freedom of religion.?

That is what the character Jamal, in this movie Slumdog Millionaire, is up against.? Going on a TV show to win a million dollars to win the heart of a woman who is above his caste is considered a crime.? Though, it seems he is Mulsim, I’m not sure.? This should remind us that we do pretty well here in America.? We have built a country based in a Judeo-Christian worldview, and though there are still those who live in relative poverty, it is hard to find anyone living lives like the “untouchables” in India.? Instead of our poor being resentful of the rich and demanding reparations from our government, they would do better to think about what they do have and what is really important in life.? They need to recognize there are opportunities available to them that they can’t see without help.? Our wealthy could be more generous in helping give the poor more assistance in helping them see how to lift themselves out of poverty.? We don’t rely on our government to do this for us.? That is consistent with the worldview we have in the U.S.?

So while the economic growth in India is impressive, and is giving rise to a new version of Hollywood, the worldview of the society is headed for a crisis of contradiction.? As more light is shed on India’s society, more questions will arise about the worldview of Hinduism and reinforce the American values while people flee to the U.S. for a better life.? Hopefully, we will preserve those values and not let the emerging “postmodern” ideas attempt to destroy what we have built and integrate worldviews that allow for destructive ideas like India’s caste system.? At the same time, maybe we can learn from what we see here, and remember the foundations of our values as a country that we hold as self evident and true, that when we put our trust in God and not in money or political power we build a healthier and stronger society.

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Nicola Cairncross asked:




Two of the main searches on Google in the wealth creation arena are “how to become a millionaire” and “how to become a millionaire”. Hmmmm, that’s interesting isn’t it? Just think for a second about what people are doing when they type those two search terms into Google, or their search engine of choice.

The phrase “how to become a millionaire” implies that people are searching for the “how to” of becoming a millionaire and indeed there are many seminars and workshops nowadays, that can teach what you need to do to become a millionaire from property investing, the internet or from building your own business.

When you look closely at the phrase “how to BE a millionaire” however, it implies something different. There are shades of “how to be famous” or “how to be beautiful” or “how to be loved” and there is an element of just wanting it to happen, to just be, without having to become.

Because being something, like a millionaire, implies you are already there, you have made it, you have succeeded.

And let’s be clear here, I’m going to talk about self-made millionaires here, not people who have inherited millions, like Prince Harry did today, on his 25th birthday. 6.1 million left to him originally, which has grown with interest to 9 million plus apparently.

(Today while flying helicopters on his birthday, Prince Harry is being a millionaire without having had to become a millionaire. I wish him happy birthday and all the happiness in the world because no amount of money can replace his mum!)

Whereas becoming something like a millionaire implies that you know there is some effort, some work, and even, dare I say it, some changing involved.

So more people want to be a millionaire, than become a millionaire.

I’m a bit obsessed with this topic at the moment and have started a series of articles on “The Secrets Of Success” on our blog and you can read them here as they unfold week by week.

Because I have realised that it’s actually easy and quite simple to find out how to become a millionaire.

The bit I’m most interested in now is learning how to BE a millionaire or even a billionaire if that’s what you want!

Because I have learned that you have to BE one, before you can BECOME one, at least in terms of attitude, thoughts, feelings, decisions, the people you surround yourself with, your actions and most of all the quality and amount of those actions.

Let’s look at those things, those requirement if you like, one by one, shall we?

Being A Millionaire – The Attitude

What kind of an attitude do you think a millionaire would need to have?

Open minded? That’s quite likely as you would need to be able to listen to new ideas without dismissing them out of hand.

Generous? Possibly, there are probably mean ones too, but you often hear of millionaires and multi-millionaires being great philanthropists. Look at the programme “The Secret Millionaire” on which my first ever wealth creation mentor Gill Fielding appeared – those millionaires are actually giving away their own money.

A “Can Do” attitude would certainly help because in order to become a millionaire, you would need to have overcome problems, bust through challenges and above all, to have never, never, never given up.

The Thoughts

What kind of thoughts do you think you would need to have in order to be a millionaire?

Upbeat thoughts would help you overcome those “grey days” everyone gets and I would imagine someone who has become a millionaire has got pretty good control over the kind of thoughts they would allow in their heads. This is tough at first, but the more practice you get at it, the more easy it gets.

Excited? Yes, I would imagine a millionaire would have many excited thoughts, as every day must be a new adventure. From the next business venture to the next holiday, there must be many exciting things to think about when you can do just about anything you want to and have complete freedom of choice.

Creative thoughts, definitely. You don’t get to be a millionaire without having been creative at some time…perhaps you created a product or service that filled a need or solved a problem. Perhaps you saw a great solution to something and took that idea from the original thought, through a trial to launch – that’s a creative process right there.

Positive? In order to be a millionaire you most definitely have make sure your thoughts are more often positive than negative. Negativity is the lethal enemy of creativity and of taking action and taking action regularly.

The Feelings

Feeling Optimistic?

Yep, because if you are not optimistic you would never start a project. It’s different feeling optimistic from choosing to have positive thoughts by the way, just think about it for a moment. Can you say you both feel optimistic AND have positive thoughts?

Feeling Responsible

Feeling responsible is a bit of a double edged sword actually, but master the proper grip and you will become very strong indeed. You need to feel responsible for yourself, and take responsibility for your own success, but you need to be careful of shouldering responsibility for others, their results and their happiness.

First born children in families – while more likely to succeed – need to be especially careful of this, as they often had to take responsibility for siblings, and parents struggle a little bit too. Of course you are responsible for your children’s safety and getting enough love, but you are not responsible for the happiness and success of other adults around you. That’s their job.

The Decisions

Being a millionaire involves making decisions, They don’t even have to be great decisions or the right decisions but making decisions is absolutely crucial. Making decisions means creating momentum and all millionaires have created massive momentum at some point. They made decisions knowing that they could correct course later if they needed to, but that it was important to get going!

The People

Being a millionaire means surrounding yourself with great people, people you can trust, people you love, people who, ironically, don’t care that you are a millionaire. It also means being around people who inspire you, who challenge you to be your best, and who you can continue to learn and grow from.

Actions – The Quality

I once read in a Steven Covey book that you should always do the right thing, not the easy thing. That really struck home and it’s served me well in many tricky situations because most of the time, the action you want to take is the easy action (for you) but not necessarily the right action.

Of course “right” can be defined in many different ways – what is right for you might not be right for someone else (in their opinion!) So you have to decide what action is right for you, by whatever criteria you define. Is it right for your business? Is it right for you? Is it right for your wealth creation? I think most people have a deep sense of fairness and are inherently good people, so I try and decide if the action I’m about to take is fair to as many people as possible and I ask myself if Nicola as a child would think it was a good thing to do – kids have a great sense of fairness and goodness I think.

So, you have to take good quality actions to be a millionaire so that you can live with yourself and sleep well at night, in your luxury mansion.

Actions – The Amount

Here’s the big one. I’ve come to the realisation that both becoming AND being a millionaire means doing much, much more than most people would do. When we went to T.Harv Ecker’s event in New Jersey, there was an exercise that he got us all doing (and made us promise not to tell) which made me realise that I always used to only ever do the BARE MINIMUM (much like employees only ever do the minimum required to keep their jobs), and that successful people aim way beyond doing the minimum – they take MASSIVE ACTION.

In conclusion, I hope that this article has made you think about the difference between becoming a millionaire and being a millionaire.

More importantly I hope it’s made you realise that you are much more likely to become a millionaire if you act like you are ALREADY a millionaire.

Because being a millionaire involves a whole different set of decisions, people, actions – both the quality and amount of, thoughts, attitudes and feelings and you can start to cultivate and practice those today.

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XxForever&EverxX asked:


i’m playing a stock market game for my economics class and trying to find some good stocks to invest in…any ideas please let me know what companies are good, what their symbol is, and how many shares you think i should buy. thanks!

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Afton M asked:


I have a very bright 12 year old that needs to use his creativity this summer. He is smart enough to make a million dollars (more or less) but he needs ideas. Thanks…

Some pop singers make millions

Bill Spohnholtz asked:




Most millionaires become millionaires through a series of smart decisions repeated nearly every day for a lifetime. Very few millionaires earned their wealth from a right place right time situation. In fact, just thinking that you’ll become rich that way isn’t enough control for the average millionaire. They want to own their results not have them happen to them.

In order to get on the right path yourself you’re going to have to learn to set real goals and see them through. Most people fail their goals from day one because they set poor goals. A good goal has to be achievable, measurable, and broken down into smaller goals that are reviewed daily if not more often. For example, if you want to lose 50 pounds, that’s a good ambition, but a lousy goal. Fifty pounds in how long? One Month? One decade? Also, how will you lose that weight? There is a big difference in improvement between diet and working out and liposuction. A great goal would be to lose one pound per week for 50 weeks with a minimum workout of 20 minutes 5 days a week. That goal has results in a given timeframe with smaller milestones and daily objectives.

So here is an example goal to becoming a millionaire. It is multilayered to protect myself from myself. You know your problem areas so you need to improve aspects of your life that could detriment your long term goal.

Goal #1 – Save half of every raise for the rest of your life

Maybe you can’t afford to save anything right now. However, you are probably getting by. So the next raise you get (say 3%) you save half of it. Then you’ll be saving 1.5% of your income. That’s a start. Next year you get another 3% raise and you’ll be saving 3% of your income. It will add up fast and get easier.

Goal #2 – Read a Book a Month

Continual learning is a critical part of increased wealth. Knowledge is the real world currency. Well applied knowledge at least. Reading consistently will keep your ideas fresh and your eyes open to new opportunities.

Goal #3 – Determine What it Will Take to Be A Millionaire Starting Today

Create a savings plan that reaches your millionaire status by the year you want to be a millionaire. Once the monthly saving goal is in front you it’s up to you to be creative enough to get there. Remember to use the power of compound interest when planning. Much harder to save that much under your mattress.

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Mark Kithcart asked:




A Millionaire Mentor – everyone wants and needs to have a mentor. But you need to know the only way that can happen is for you to deserve to have a mentor.

What should you look for in a mentor? Well what I did when I met my mentor Holton Buggs. A person who could impact my life dramatically. Did it work?

Holton changed our families lives forever. This servant took 3 1/2 years and flew from Houston Texas to Santa Rosa California once each month to mentor us. As a result my wife and I retired from Corporate America in our thirties. Holton sacrificed time at home with his family to help us achieve our goals. That is serious servant leadership.

Now – How can YOU have a millionaire mentor like that? Well, first of all get some of their precious time by asking them to lunch or dinner. Everyone needs to eat at some point, right?

Once you sit down with them you haven’t opened just one door but you just walked into a hall lined with doors as the conversation unfolds on how they became successful. Each door along the hallway has a journey associated with it. Some you will choose to pursue others you will open the door and then decide not to enter, just close the door and move on. The great thing is you get to choose where you want to go and how to get there. These doors where put there by you deciding to take action and actually sit down with this person. You never know, the person you sat down with that you admire may want you to work with them or even know someone that you could team up with on your journey. The doors are there will you find the hallway?

The greatest part of all is you will get insight into how that person acts, reacts and handles themselves in various scenarios that they experienced in their lives. When you are asking the questions of how they achieved the levels of success and the journey they took be sure not to forget these questions;

- What was your thought process during this period of time?

- What were you thinking as you decided to do x, y or z?

- Did you think you were going to get the result you did?

- What result were you expecting?

- Why didn’t it work out like you thought it would?

- What would you have done differently?

And most of all LISTEN, LISTEN, LISTEN. This is not a time to talk about you and what you are all about – remember you are where you are because of your current thinking, after all, you also asked them to lunch right? Bring a recorder if you can and record the conversation. Jot down notes about what they are saying so you can remember it later. The sharpest mind is weaker than the palest ink. It will also show them you are serious about learning this information. You’re not there just blowing wind or wanting to take their time and not take it seriously. Their time and your time is the most precious commodity you have. Be sure you thank them profusely before, during and after lunch and yes do it even if you are paying, the information they just gave you will change you life if you really want it to.

After the meeting sit down and review your notes that day before you go to sleep. If you recorded it – sit down and replay it and take notes on it. Why? Because you want to involve all of the senses possible with this information. Seeing the information by writing it out physically, hearing the information, repeating the information in your own voice so your mind can hear you say it. Get your entire physiology around this information. And YES, this is important. And most of all go out and teach this information to someone else within 24 hours. You don’t have to act like you’re teaching it to someone just replay the conversation to a friend or spouse or anyone who will listen. Why? Because if you do this you will learn it quicker and it will stick. Now you’ve engaged all of the senses, but that won’t create what you want only ACTION will at this point.

From the conversation and session you had with your mentor you will need to internalize the information physiologically as described. At this point, within 24 hours, you will also want to review the information once more then sit down and write out all of the ideas you received as you replay it in your mind once again. Once the ideas are on paper you will want to flesh the ideas out further on your own. For each one write a synopsis of how this idea would look in its working form and what the benefits would be for you and others as you take action and implement these ideas.

You must earn mentorship folks. Work hard and do exactly what your mentor coaches you to do. One of the main reasons most never truly receive TRUE mentorship is their EGO will not allow it. I personally have worked with several individuals on a mentorship basis and the only thing that prevented some from achieving massive results and greatness was themselves.

So as you look for, seek and find mentorship be sure you are open to receive the invaluable coaching and then take MASSIVE ACTION. Your results will come, and if they aren’t as quick as you desire redouble your efforts and follow your mentors coaching as many times as it takes!

My wife and I received the mentorship, coaching and leadership and paid it forward. You can do the same in any circumstance. Find out what drives you what and you want to achieve in your field of endeavor and then find a mentor who has succeeded in that area. Take them out to lunch and find out about them and how they did it. Never ask for mentorship, instead first build a relationship. Mentorship relationships are built over time and develop into friendships that can last for a lifetime.

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