Want to become a millionaire? Here's how to do it

I read some interesting articles from my Google alert service and I intend to share one of them replete with simple, yet practical tips.

Want to become a millionaire? Here's how to do it

BY JEFF ROSE TRIBUNE NEWS SERVICE

What do you picture when you hear the word "millionaire?"
Perhaps a well-groomed senior, lounging in a bathrobe, sipping champagne and overlooking acres of achievement from the portico of a mansion? You think you can never be a millionaire. But what if you can?
Becoming one is simpler than you think. You might well be rich already. If you make $20,000 in net income every year, you're among the top 3.65 percent richest people in the world, according to Globalrichlist.com.
Simple tasks on the road to riches are not always easy, but they can be effective:

* Work smarter and harder than your competition.
Identify your competition. What differentiators can you bring to your workplace or market?
First, work smarter. There's no sense in selling ice cream on your front lawn in the dead of winter. Instead, set up a booth at the park in the sizzling summertime. Commonsense changes can greatly improve your effectiveness.
And we've all seen colleagues who work harder than anyone. Aren't they the ones promoted? Don't they often become the office linchpins?

* Learn from your mistakes and move on.
Did you get suckered into two companies that went nowhere? Did you sink $8,000 into an online business venture, only to lose it all? These are just a couple of several investment mistakes I made.
Mistakes are difficult to swallow. The best way forward: Admit we fumbled. Are you willing to admit your mistakes?
Some people beat themselves up after a goof, paralyzing their thinking from future decisions that might produce success. As IKEA founder Ingvar Kamprad said, "Only those who are asleep make no mistakes."
Fess up and move on. Millionaires don't give up because of a few silly mistakes.

* Build something new that you'd love. You can read book after book about what your customers will love. By the time you deliver the innovation, customers will likely be bored with the idea.
Millionaires understand that some of the best ideas come out of passion for making the world a better place.

* Learn to budget. How much do you drop on eating out, clothing, gadgets and other unnecessary delights? Write down the amount.
Budgeting helps ensure that you spend less than you make. The only way to do that? Track everything. Get assistance with record-keeping if you need it.

* Start investing. Millionaires often become -- and stay -- rich because they invest. The good news? Investing is pretty simple to start.
Once you start, don't jump ship. The stock market has ups and downs. Ride the wave long term.

* Don't believe the discouraging people. Your belief affects your actions and your actions affect your outcomes. When you listen to discouraging people, they drag you down so you don't surpass them.

* Save for a rainy day. Medical emergencies can last years. Trees go through roofs. Jobs evaporate.
Without an emergency fund of liquid cash in a savings account you're likely to either go into debt or borrow from family members.
Keep about three to six months' expenses in your fund. For really bad times, I recommend eight.


Source: http://www.thonline.com




Have a great day!

Emmanuel Ayeni

Lifecoach, Engineer and Entrepreneur


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WHOSE BLOG IS IT ANYWAY?

I pop a question....
This is my blogging space but much more I think it is yours. Why do I say that? Well, because I am here to serve you with the latest tips that will help you live a great life a step at a time. You are my highly esteemed reader and because of that, the blog is yours.
Well, I also feel it is mine too because I will also share some real life experiences, especially personal ones from which I have drawn a bit of lesson. For instance I have decided to share my blogging journey and a few of my other walks that might perhaps interest a few readers.
Wait a minute, what if I just write and nobody reads; I'll just sit here in a room in Lagos or write an article in the regular Lagos traffic-jam, like I am doing now (and I get to do that a lot these days) I mean writing or finishing my articles while commuting, thanks to the power of mobile- I presently use my handy functional blackberry curve though I still remain an android lover. So, back to the point, if I write and nobody reads, then to me no work has been done!
So I think the blog is yours or perhaps mine….so what do you think???
Please use the social media buttons below to share with friends. I always appreciate and enjoy your feedback.
Your billionaire friend,
Emmanuel Ayeni
www.emmanuelayeni.com
Twitter: @emmandus
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THE MARCH MAKE-OVER

It's a great day! In a new month, I welcome you into a new month- the month of March. I was excited about February, and thank God it was a great month. This is March! I already feel super-excited and I believe it's another spectacular month.
In fact, I already prophesied and named the month :March-Makeover. Well, I am not a 'prophet' but I am a child of God and I believe God is Able!
March is a great month!

I will show you why!

March is the 3rd month and I believe 3 stands for perfection or completion. (As a matter of fact the Lord Jesus did rise again on the 3rd day not 2nd or 4th!) So I believe everything God has started in your life will be perfected this month.

It is the beginning of the last month of the 1st Quarter of the year. So I believe everything God has promised, every goal you have not been able to achieve yet in this first quarter will find speedy completion this month.

I also believe this is the month of divine Make-over. Everything you have lost in the beginning of this year or in the past, will find speedy fulfillment in Jesus name!

Welcome to the Spectacular March-Makeover where your March into greatness is unexplainable yet undeniable.

HAPPY NEW MONTH!


Your billionaire friend!

Emmanuel Ayeni




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PROTECT YOURSELF!

It’s a great day and a wonderful morning at that. I am once again inspired to write and to fulfill the higher calling of inspiring you, my reader, to greatness, to awaken you to higher consciousness the greater purpose, God’s destiny for you.
I am grateful, joyful and thankful. I celebrate God and His goodness in my life today. I have myriad of reasons to be happy and thankful, I believe you do too.
Today I will share with you the very essential need to protect yourself. I mean protect yourself.

God is your first protection. He is your defender and protector, However you need to learn to protect yourself and by this I speak in terms of safety measures as it applies to you and other aspects of your life.
A lot of time we pray for God to protect us and then we take careless measures, nonchalant approach or throw cautions to the wind… this is a against the code of greatness, success or anything good and positive.
This brings to mind the story from an African folktale- a story from the Yoruba people (my part of western Nigeria)It is the tale of the Proverbial Palm wine tapper ,called Folorunsho (God-protected) who attempts to mount the Palm tree with the fibre cuttings from the leaves of the Plantain tree and the rest can only be
imagined. The morale of this means anyone that is God-protected needs still thread softly and carefully and not throw caution to the wind.
However you need to bear in mind that the call to protect your self is not a call to paranoia or pessimism. Rather it’s a call to balance and levelheadedness.

Why do you need to protect yourself?

I want to justify this further…
Everything precious is usually well kept. Treasures are rarely found on the surface. Imagine the story of gold and even the crude oil in their natural form they are found deep down below the ground level. Miners usually dig thousands of feet before the slightest hope of finding gold.You are more precious than gold ! You are God’s most expensive resource on earth! Protect yourself!

We all love gifts. Nobody buys a gift and lays it bare. I still cherish the thoughts of receiving gifts no matter what season of the year it is. Gift is well packaged, protected and kept from dirt, stain and from being mishandled, you are God’s invaluable gift to your world, protect God’s gifts in you.

Nobody dares the king, yet he is well guarded and protected not due to weakness but honor code demands so... There is royalty in you, you are the very child of the most high God.Everything that is kept well and protected lasts longer and appreciates in value. It is only wise to keep and protect yourself! ....We shall continue tomorrow by God's grace!

It's a lovely day in a beautiful week go and live like royalty. I celebrate God's greatness in You!

Your Great friend!

Emmanuel Ayeni


@emmandus

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THE JOURNEY: STARTING THE JOURNEY TO WEALTH

It's a great day! And it is so nice to continue the Journey series from another perspective from where we left off.This weekend, I am privileged to have Fola Adelesi's kind permission to share a great piece from his recent writing on the blog today. Do have a great time on the journey.

Starting the journey to wealth | © Fola Daniel Adelesi

BY FOLA DANIEL ADELESI

When you are going on a long journey one of the most important things you will do is to pack your bags. You want to be sure that you have all that is needed for the journey because you don’t want to be stranded anywhere. Many of us start our journey in life with the intention to succeed and be rich but we don’t pack the bags needed with the right things? Or maybe I should ask you questions? What kind of bag do you think you need when starting the journey to wealth and what should you pack into the bag? The bag you need is your mind!

While the bag we need is the mind, many of us have been packing the wrong things – things that will never make us rich – into those bags and we expect to become rich simply because we already have those things in our bags.

At this point it is Important for us to start an unlearning and relearning process before we begin the journey to wealth together. Forget all the wrong things you have learnt about working very hard after getting a degree. That is not to say you should not get a degree or work very hard but they may never make you a wealthy person! Mark my words and watch for other articles on http://www.foladaniel.WordPress.com about the things you struggle for but will not give you wealth.

If you want to be rich the first thing you have to deal with is your mind. It is like the law of the lid as proposed by John C. Maxwell. The law of the lid simply explains how a leader cannot lead people beyond his capacity. If I can extend the law of the lid into wealth then you should already know it means that you or no man can be richer than the content or the capacity of his mind.

When you go to an ATM machine, it will only continue to dispense money when there is money in it. The machine cannot produce more than the amount of money kept in it. Once the money kept in it is exhausted you will have to load it with money before it can continue dispensing money. This is the same with your mind. If you want to be rich then start with your mind. The wealth you can produce is proportionate to the wealth your mind can create! If your mind cannot create wealth then you will keep running after shadows and will do that for years! That is why people are paid off in their offices – they are suddenly seeing a lot of money for the first time and they don’t know what to do with it. Some others think they know what to do but after a few years they realize that they didn’t actually multiply the money they got. They only spent it or just ‘practically buried it.’

Go and train your mind. Don’t assume you know all that must be done or what you need to do per time. Spend some time learning about money in other to see how it works and how to make, manage and multiply money. Stretch your mind by learning from those who have made money and are still making money. Learn from those who have made money but lost it all so that you will not make their mistakes. If you take these things serious then it means that you are truly ready for the journey to wealth.

Remember that many travel in the bid to find wealth but they return without the little they had even before starting. It will not be nice for you to struggle and to see all your struggles coming to nothing! Go and equip your mind before starting the journey to wealth!

Fola Daniel Adelesi

President/CEO,

Edible Pen

http://www.foladaniel.com/blog

http://www.foladaniel.com

http://www.ediblepen.org

Fola Daniel Adelesi is a professional public speaker and coach, an author, a blogger and a trainer of aspiring bloggers, management consultant and trainer, broadcaster and master of ceremonies.Fola Daniel is the Chief Executive Officer of Edible Pen, a business, motivational and leadership company which currently does training and business development.

Fola's books are now available on http://www.lulu.com/spotlight/foladaniel

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