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The Number One Way to Become a Millionaire
Manage episode 329886471 series 3324131
Το περιεχόμενο παρέχεται από το Dr. Doug Firebaugh. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Dr. Doug Firebaugh ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Do you know the number one way to becoming a Millionaire?
There is one way above all others.
Requires a vehicle that will give you the 7 Figure revenues that eventually creates a 7 Figure net worth.
Thomas Stanley's book The Millionaire Next Door, he interviewed hundreds of Millionaires and discovered some amazing things. How a millionaire thinks, believes, lives, etc.
All millionaires have one thing in common.
It is the number one way to become a millionaire.
Owning your own business.
83% of all millionaires own their own business.
But it takes a 7 Figure Mindset to be able to build one.
Richard Branson owns 400 businesses.
Can you start ONE?
Your own business give you;
More Control.
Options.
True Security.
Hope.
Energy for your dreams.
A better self image.
Confidence.
Increased cash flow and more.
What are you passionate about? What do you have a knack for? What comes easily for you?
These are clues to a business you can start.
Out of every dollar of value you bring to a company, you are paid about 25 pennies of every dollar and the company keeps the other 75 pennies of the dollar.
With your own business, you KEEP ALL THE PENNIES - ALL 100 pennies of every dollar vs a company keeping the majority of them.
Hewlett Packard started out of a garage.
Microsoft started out of a dorm room.
Apple started out of a garage.
Netjets started out of a small hangar at a desk.
Spanx started out of a bedroom.
Amazon started out of a garage.
Papa Johns started out of a broom closet.
What kind of business can you start out of your home?
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