Wealth Building
Imagine this scenario… You wake up in the morning with a great moneymaking idea. All you need is a website and some traffic and you’re onto a surefire winner.
One of the most interesting things I learned from the individuals I knew who became billionaires is that they considered every dollar to be valuable. Money was a means to advance their goals - in particular, the goal to become wealthy. And you don’t become wealthy by being careless with any amount of money.
I recently read in a biography of Milton Hershey that he believed his business was recession-proof and depression-proof because he sold an affordable product. He reasoned that, even if a person couldn’t afford new shoes or a new car or a vacation, they could always afford a nickel for a Hershey’s chocolate bar. (That was the price in those days.)
Why do some people retire rich and most people retire poor? This question has fascinated philosophers, mystics, and teachers throughout the ages. There have been so many men and women - hundreds or thousands, maybe even millions - who started with nothing and became financially independent that people are naturally curious to know why it happened and if there are common rules or principles that others can apply to become wealthy as well.
How many times have you made a new acquaintance, thought you knew him, and then one day discovered he was not the person you thought he was? (Sometimes better, sometimes worse.) How many times have you been badgered, cajoled, or (okay) dragged to an event that turned out to be a lot of fun?
The starting point of great success and achievement has always been the same: Dream big dreams. There is nothing more important, and nothing that works faster, than to cast off your own limitations and begin fantasizing about what you can become, have, and do...
Starting an Internet business takes work - but it’s easier than you may think. Unfortunately, many people are stumped by the "technical" side of it. Here is just one example of the kind of e-mail I get from frustrated entrepreneurs on a daily basis…
A business associate of mine used to fax me on a regular basis. (This was before e-mail.) And every darn fax said URGENT at the top in big bold letters. At first, I found it curious. And then, it became annoying.
Aging baby boomers, who are retiring in droves these days, are fueling a $20 billion mega-market because they want to look and feel younger.
The market I’m talking about is nutraceuticals and cosmeceuticals. And you can make a lot of money selling these products on the Internet or by direct mail - even if you have limited capital to invest.
One of the most effective weapons in your marketing arsenal is urgency. Urgency makes your prospective customer feel that he has to take action and respond to your offer immediately. Your job is to give him a good reason to do it.
Richard called me in a panic, begging me to fill in as a guest on his local cable TV show. Seems that one of the people he’d booked had cancelled at the last minute. It sounded interesting, so I agreed.
The plan was nearly perfect.
I'd fly from Florida up to JFK and spend Friday night at my nephew's graduation party on Long Island. Saturday morning, I'd drive up to Boston to spend the rest of the weekend visiting friends, and would then fly back home out of Logan airport Sunday night.
Here's an exercise for you. Imagine that it's possible for you to earn 10 times your current annual wage.
Normally I pay no attention to political speeches, but this caught my attention. Less social mobility. That means a statistically lower chance for people to better themselves financially. Fifty years? Where's the progress?
Early in my career, I began to reassess some of the ways in which I was saving on expenses. I came to realize that in order to make intelligent decisions when it comes to saving money, time and stress should always be factored into the equation.
You have the greatest chance of getting big raises, big promotions - and eventually, a six-figure income - if the work you do has a positive impact on your company's bottom line.
If you want to survive and prosper in the first decade of 21st century, emulate the habits of the world's richest people. Educate yourself about money. Make conservative investments. And seize opportunities to start and/or invest in entrepreneurial businesses.
During the 20-year span of his career, Mike Tyson's income exceeded $400 million. Yet, in 2004, before his 39th birthday, this amazing moneymaker was $38 million in debt....
What are the secrets to surviving a recession - and maybe even prospering in an adverse environment as an entrepreneur?
Paying your credit card bill on time and in full is one of the best ways to stay out of debt. It's also a good way to build credit.
Getting an advance on your tax return can seem like a good idea. Here's why it is not.
Starting your own business may sound like an overwhelming task - but, like every worthwhile goal, it can be broken down into manageable parts. How to do it in three simple steps.
How would you like to make more money in an hour than professional basketball and baseball players, not to mention Fortune 500 CEOs?
To double your money every three years, you need an average yearly profit of about 26 percent. Does 26 percent seem like an easy target? Or a hard one?
If you're like a lot of people, one of your top financial goals is to increase your income to "seven figures".
Return to the Article Directory