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Anthony R. Michalski
April 19, 2009
I read a very good article written by Kimberly Palmer on Yahoo! Finance entitled “10 Secrets of Millionaires’ Money Management.” Here is the link to the article, which I strongly encourage you to read -
A couple of the “secrets” that stand out are
In the article, the author wrote that Alan Corey, author of A Million Bucks by 30, did something that I often tell people to do: read all the biographies and autobiographies of millionaires that you can. When you do, you’ll see that what they achieved was the result of a (sometimes) good idea, thorough planning, and hard work, as well as a belief that they can do it.
First, they had knowledge of their power; second, they had the courage to dare; and third, they had the faith to do.
When you read biographies and autobiographies, you will see beyond the trite anecdotes that you often hear. You’ll see them in all their naked, sometimes unflattering, glory–warts and all.
Hopefully, you’ll see a little of yourself in them and you’ll be convinced on a very deep level that you can achieve the success you want.
Another point on which the author of the article touched was an idea with which you are probably familiar. That idea is that vague and general goals are of not great value; rather, you should be somewhat specific about your goals. From the article,
Jen Smith, author of the Millionaire Mommy Next Door blog, says that the saying, “I want to be rich,” is too vague. Instead, she recommends imagining what your ideal life as a millionaire will look like. Smith offers this example: “I want to have $2,000,000 invested so that I can live off of the interest. Then I will quit my job so that I can volunteer, travel, learn to play tennis and watercolor, and enjoy picnics at the beach with my family.”
One of the best books that you can read to hone your vision of success is The Master Key Workbook. Get it, read it, do the exercises, and you will have a very clear picture of what you want–and a plan to achieve it.
There are two words that have earned me the ire of some devotees of The Master Key System. Those words are “hard work.”
I have always encouraged people to embrace hard work, as that is the true “secret” of any success, regardless of what some infomercials and “gurus” will tell you. As my proof, I cite every successful person with whom I’ve spoken or whose biography I’ve read.
4. This is another psychological fact which is well known, but unfortunately reading about it will not bring about any result which you may have in mind; it will not even help you to form the mental image, much less bring it into manifestation. Work is necessary—labor, hard mental labor, the kind of effort which so few are willing to put forth.
28. Thought force is the most powerful means of obtaining knowledge, and if concentrated on any subject will solve the problem. Nothing is beyond the power of human comprehension, but in order to harness thought force and make it do your bidding, work is required.
Now, I can cite this article, which quotes Donald Trump -
Donald Trump attributes his success to his hard work, which to outsiders often appears to be luck. But Trump says luck only comes from working hard. “If your work pays off, which it most likely will, people might say you’re just lucky. Maybe so, because you’re lucky enough to have the brains to work hard!” he says.
One last point from the article that I want to address is that many successful people (millionaires) live below there means. Frankly, many that I have met are down-right cheap! Two highly successful people that I know have a friendly competition about who got the better deal on their purchases. (For example, one will point to his shoes and say, “Target. Fifteen bucks.” The other will smirk and reply, “I used a coupon and got these for twelve.” Yes, they are that cheap.)
8. Those who recognize this principle have a great advantage in the affairs of life. They do not wear themselves out. They can eliminate vagrant thoughts with facility. They can readily concentrate to the highest possible degree on any subject. They do not waste time or money upon objects which can be of no possible benefit to them.
Far too many “gurus” are out there today selling a lifestyle for my taste. They brag about their car collections or their huge mansions. They also say silly (if not outright stupid) things such as if you want to make money, then give away money.
As an insider in the self-help industry, I know that many of these “gurus” are playing smoke and mirror games. They brag about cars they don’t actually own (or if they do own them, they go into massive debt for them) or they film themselves in homes they rented for a video shoot. Read this article about the MTV show “Cribs” to see what often happens in the name of promoting an image -
Don’t base your lifestyle on what you see these “gurus” promoting on their blogs and videos. Instead, live life on your terms–and below your means. You will find yourself happier–and wealthier–in the long run.
Take these ideas to heart.
More importantly, put them into daily practice.
Attaining a million dollars is very doable as long as you go about it intelligently. Of course, you can purchase lottery tickets and wish and pray for your one-in-a-billion chance to win the money.
Or you can plan your work and work your plan and practically guarantee your success.
One path is more difficult than the other. One path is also more rewarding. Not just on a materialistic level, but on also on any scale you can think of–mental, spiritual, and moral.
Listen to what real millionaires and successes say about becoming a millionaire. Put their words of wisdom into practice. It may be difficult in the beginning, but you’ll be glad that you did.
© Anthony R. Michalski/Master Key Coaching | | (13) Comments
November 13, 2008
When I drive, I look at the signs and businesses that line the roads and streets. Recently, I asked myself a question that revealed a fatal flaw in my thinking – a fatal flaw that just may be the difference betwixt wealth and insecurity, becoming what I wish to be and remaining in my current position.
Whilst looking at the sundry businesses – at the many different ways people were creating wealth and personal prosperity – I asked myself a simple question and one, I am certain, you probably have asked yourself a plethora of times.
What is the difference between them and me?
Perhaps you did not use that exact wording, but the spirit of the questin is the same. On that night, like many uncountable nights, I wondered about the people of commerce and industry and power and ideas. I wondered why Sam Walton could create his line of stores, yet so many are left wallowing in positions that they could barely stand – and which kept them barely above water.
While I had asked myself that question many times in the past, on this particular night I had a revelation. I followed with another question:
Why am I looking for differences when, intrinsically, no real differences exist?
The differences I saw and noticed weren’t the real factors that contributed to anyone’s success or failure. It wasn’t a matter of brains or brawn, capital or ingenuity, push or pull. Rather, it was a matter of doing things – at least, just doing something. Anything!
It has often been the nature of popular business books and pop psychologists to earn their sheckles by keeping us in shackles with endless ramblings about what makes the successful successful. In other words, most of the common literature on the subject of success has been mired in putting our noses in our somehow unglamourous values and habits rather than showing us what really counts: Doing it!
I have a passion for reading biographies of historical or successful people. In all of the biographies that I have read, there has always been one common element: they are all crazy. When I say crazy, I mean completely nuts, bonkers, whacked. The “successful” have so many idiosynchrosies that to name all of them would be to name every speck of sand on a beach. For now, I will just list a few that I find most amusing:
Steve Jobs: Control freak and not very nice to underlings. Not to mention the drugs.
Donald Trump: Can we safely call him an egomaniac?
Larry Ellison: Braggart, egomaniac, BS-er.
Bill Gates: Do I have to mention his business practices?
Alexander the Great: Delusions of grandeur.
Napoleon: Another one with delusions of grandeur.
JD Salinger: Reclusive.
Lord Byron: Womanizer and scandal monger.
Ted Turner: Speaks before he thinks.
Just by looking at this miniscule sampling of famous personas, it becomes obvious that probably none of them read How To Win Friends and Influence People or The Seven Habits of Highly Effective People. All of them have had scandalous exposes written about them. All of them were majourly flawed in one way – or many. All of them pushed the envelope and just did what they did.
That, it turns out, is the deciding factor: doing what one wants to do. There is no preparing, no training, no self-improvement necessary. How big would Microsoft be today if Mr. Gates simply welcomed competition with a smile? What would the news industry be like if Ted Turner kept his mouth shut and minded what he said? I can answer that: kinda dull. His brashness earned him billions.
I do not write this as a vindication for all of our vices and failing points. I do not write this to stop people from reading self-improvement books and attending seminars. I write this for the people who do those things again and again and again. Those people must realize that the difference between them and the successful is merely the ability to dig in one’s heels and get to it.
Too often, I speak with a person who continually reads the books and attends the seminars and always has a plan or scheme for self-improvement. Listening to them is like listening to a Dead Head recant all of the shows to which he’s been. “I saw Tony Robbins in Atlanta, ‘99; Dr. Phil in Boston, ‘00; I was to Chopra’s book signing in New York last month…” and the litany continues ad nauseum. The kicker is that the person still isn’t particularly happy, fulfilled, or successful. Do these seminars and books make the person happy? Yes, like crack makes a drug addict happy. The person catches his buzz and feels that in doing so, he is doing something. In the end, though, he is not.
All of the speakers and motivators say the same thing: Do it! All of the books reiterate that simple, yet poignant, phrase. There comes a time when a person realizes that they do not need to be completely organized or a polished speaker or a flawless person. Instead of studying the books, they should take what they learned and apply it to real life by working on their dreams. Or if not their dreams, then something – anything!
Or, as Haanel wrote
“You must first have the knowledge of your power; second, the courage to dare; third, the faith to do.”
You have the knowledge of your power (if you don’t, then keep reading this blog and get The Complete Master Key Course – you’ll get it!); the courage to dare will come to you, if you don’t have it already, as you take those first steps toward your goal. All that’s needed is for you to have the faith to do. To get that, forget what you’ve heard and read; instead go boldly forward with what you know.
There are no real differences between us and them. The “differences” that certain authors and speakers like to notice are just fluff. I may have been a tad hasty when I said that their are no differences, perhaps there is one:
The successful know that they are flawed, but they just don’t care. They just do it!
© Anthony R. Michalski/Master Key Coaching | | (3) Comments