Saturday, July 18, 2009

What Millionaire Traits Do You Share With The Wealthy?

By Dan Gazaway

What opportunities do you feel you have to make millions? Making money is easier that many think, especially when it comes to making money on the internet. Everybody I associate with either is or wants to be a millionaire for a variety of reasons. Today there are literally thousands, if not millions; of ways to make a truck load of residual cash. Because successful people leave clues, we can learn a lot from the wealthy as most share some common characteristics.

All millionaires, with the exception of lotto winners, have mentors. Whether a millionaire has made their fortune in Real Estate, Internet or some other source; millionaires pay big bucks to stay current with their knowledge. Wouldnt you rather pay someone who has 20 years of experience in their field $50,000 to teach you what they know in 20 days? It buys you so much time if you can utilize the knowledge they teach you.

Millionaires are also workhorses. Most millionaires are millionaires because they create a business around their passion. They dont feel like they are working. In fact, someone once said that if you choose to work for yourself in a field that you are passionate about, you will never work a day in your life. These same millionaires also have learned how to leverage their time by hiring around their weak areas so they focus on their strengths to keep the business fun for them. Otherwise, why do business in the first place if it isnt enjoyable to you.

Millionaires are great at leveraging other peoples time and money. They hire people who have talents they dont possess. Therefore, they hire out their weaknesses and focus on what they do best. Because they are so passionate about what they do, people (their clients) recognize that and they buy from them.

Believe it or not, most millionaires are very conservative people. Most of them will never buy a new car or new anything. They understand the value of the dollar and dont want to waste hard earned money on things that depreciate in value. They will however be aggressive when it comes to investing in them and their business. - 23309

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