Advantage Conferences Home Business Entrepreneurs Enjoy Path To Millionaires - Fire Your Boss, Work for Yourself, Break the Mold, Become Wealthy
Released on = October 16, 2006, 9:05 pm
Press Release Author = Hildy Kidman
Industry = Small Business
Press Release Summary = How have some Home Business Christian Entrepreneurs found the path to becoming Millionaires. The answer is simpler than you might think. Discover how a select few discover the elusive secret of financial independence.
Press Release Body = What is keeping you from making a high 6-figure income?
Sometimes it is difficult to admit, but we are the reason. Here are a few reasons why most will never reach financial independence and how you can break-the-mold:
Consistency
"A foolish consistency is the hobgoblin of small minds." Ralph Waldo Emerson Self-Reliance (1841)
We are told by Doctors of Psychology that children need consistency in their lives. As responsible parents, consistent patterns are adhered to for the sake of proper development of our children. As we become adults, we follow the patterns that we were taught and experienced: finish school, get a job, get married, raise and educate our children to do the same. We have been trained to follow a pattern of consistency. What we have not realized is that we have been following a pattern of consistent middle-class poverty.
Comfort
As unrefined and basic as an animal's emotional equipment may be, it is not insensitive to freedom. Somewhere in the archives of crudest instinct is recorded the truth that it is better to be endangered and free than captive and comfortable.
Somewhere during the civilization of human kind, we lost the instinct of freedom. We voluntarily become slaves to creditors and employers for the sake of unrealized financial comfort.
Employment
The most memorable conversations I had with my Grandfather were the stories of his life and the jobs he worked. He was born and raised on a horse ranch in the midst of the great Western frontier. While in his late teens, his Father died in a barn accident, his Mother sold the horse ranches and he was forced to find a job. He performed hard labor in the coal mines for many years. After being diagnosed with black-lung, he left the coal mines and began working at a service station pumping gas and changing tires and oil. The service station owner was preparing to retire, when my Grandfather offered to buy the station. The remainder of his working years he generated wealth 6 days a week, 4:30 a.m. to 10:00 p.m., operating his own business; he closed the business on Sundays to take my Grandmother to church and fly-fish in the clear streams of Wyoming.
One Sunday afternoon, amidst the foliage that draped a slow running, rainbow trout filled stream, my Grandfather whispered, "you will never become rich working for someone else." "What?!?" I exclaimed. Grandfather quickly moved to another part of the stream, were the fish had not been spooked by an easily excited youth. I never understood his subtle advice until I had entered the workforce as an employee.
Working for an established business brings job security and many benefits. It is a safe and comforting feeling knowing that day-in and day-out, working 40 hours a week will yield a staple paycheck. The affordable company insurance plan takes care of my family in times of sickness. It is further comforting to know that with each annual review, I will receive a normal and consistent raise, about 3-6%, and occasional promotion for an additional 3-6%. After 20 years of labor, I will have increased my worth by 200%! Mathematically, I will have gone from a starting annual salary of $33,000 (1989) to just slightly over $99,000 (2009).
My salary will not be anything near the Millionaire status my Grandfather had achieved. So that is what my Grandfather was trying to tell me.
Employee Mentality
"Employment causes the most industrious to strive for acceptable productivity."
In other words, you get what you pay for. If you want a consistent and comfortable employee, hire one. If you want a driven, hard working, imaginative, income producing individual, seek out a successful entrepreneur.
The Price of Wealth
"The price of wealth is too high."
The only people I have ever heard say "the price of wealth is too high," were from those that were not wealthy. To be wealthy takes more than money, it takes the right mindset.
Billionaire Sam Walton understood value, a fair price, and had the right mindset toward wealth. Frugal, imaginative, persistent, hard working, and Christian values are adjectives that best describe Sam Walton. Despite Mr. Walton being the wealthiest man in the world, he drove an old pick-up truck, bought his clothes from no place other than Wal-Mart, and continued to be the most innovative entrepreneur in retail.
It takes money to make money. After leaving the military in 1945, Sam Walton borrowed $20,000 from his father-in-law, plus $5000 of his life savings to open his first store. This was a bold move that those with the employee mentality would never consider. Entrepreneurs take calculated risks and will spend life savings with the potential to earn greater wealth.
Lack of Knowledge
Sam Walton understood, Grand-dad was right, Psychologists are correct, Ralph Waldo Emerson eloquent and blunt: to become independently wealthy you must work for yourself, never become complacent, use the God given talents within each of us, and live a life consistent with the Millionaire Mindset.
If our parents, teachers, and mentors in our lives cannot provide the information, experience, and knowledge how to become wealthy, who can? Answer: Self-established millionaires. The only way to raise your income is to surround yourself with wealthy people. Millionaires enjoy helping those that help themselves. Seek out and find some millionaires today.
Finding Success
Where can you find millionaires willing to share their wealth building secrets, experiences, and ongoing mentoring. Advantage Conferences has created and found millionaire mentors willing to provide on-going: education, sharing of knowledge, experience, and successes through hosting The Millionaire Mindset Conference (MMC). Learn from self-established Christian Millionaires. Develop the Millionaire Mindset and become independently wealthy. This seasons MMC is being held in Dallas, TX, October 27-28, 2006.
For more information, go to: http://www.advantageconferences.com/kidman/interst_form.asp
Web Site = http://www.advantageconferences.com/kidman/interest_form.asp
Contact Details = PO Box 1785 Mansfield, TX 76063 817-880-4292