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The Number One Way to Become a Millionaire

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Manage episode 329886471 series 3324131
Content provided by Dr. Doug Firebaugh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Doug Firebaugh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you know the number one way to becoming a Millionaire?

There is one way above all others.

Requires a vehicle that will give you the 7 Figure revenues that eventually creates a 7 Figure net worth.

Thomas Stanley's book The Millionaire Next Door, he interviewed hundreds of Millionaires and discovered some amazing things. How a millionaire thinks, believes, lives, etc.

All millionaires have one thing in common.

It is the number one way to become a millionaire.

Owning your own business.

83% of all millionaires own their own business.

But it takes a 7 Figure Mindset to be able to build one.

Richard Branson owns 400 businesses.

Can you start ONE?

Your own business give you;

More Control.

Options.

True Security.

Hope.

Energy for your dreams.

A better self image.

Confidence.

Increased cash flow and more.

What are you passionate about? What do you have a knack for? What comes easily for you?

These are clues to a business you can start.

Out of every dollar of value you bring to a company, you are paid about 25 pennies of every dollar and the company keeps the other 75 pennies of the dollar.

With your own business, you KEEP ALL THE PENNIES - ALL 100 pennies of every dollar vs a company keeping the majority of them.

Hewlett Packard started out of a garage.

Microsoft started out of a dorm room.

Apple started out of a garage.

Netjets started out of a small hangar at a desk.

Spanx started out of a bedroom.

Amazon started out of a garage.

Papa Johns started out of a broom closet.

What kind of business can you start out of your home?

  continue reading

12 episodes

Artwork
iconShare
 
Manage episode 329886471 series 3324131
Content provided by Dr. Doug Firebaugh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Doug Firebaugh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Do you know the number one way to becoming a Millionaire?

There is one way above all others.

Requires a vehicle that will give you the 7 Figure revenues that eventually creates a 7 Figure net worth.

Thomas Stanley's book The Millionaire Next Door, he interviewed hundreds of Millionaires and discovered some amazing things. How a millionaire thinks, believes, lives, etc.

All millionaires have one thing in common.

It is the number one way to become a millionaire.

Owning your own business.

83% of all millionaires own their own business.

But it takes a 7 Figure Mindset to be able to build one.

Richard Branson owns 400 businesses.

Can you start ONE?

Your own business give you;

More Control.

Options.

True Security.

Hope.

Energy for your dreams.

A better self image.

Confidence.

Increased cash flow and more.

What are you passionate about? What do you have a knack for? What comes easily for you?

These are clues to a business you can start.

Out of every dollar of value you bring to a company, you are paid about 25 pennies of every dollar and the company keeps the other 75 pennies of the dollar.

With your own business, you KEEP ALL THE PENNIES - ALL 100 pennies of every dollar vs a company keeping the majority of them.

Hewlett Packard started out of a garage.

Microsoft started out of a dorm room.

Apple started out of a garage.

Netjets started out of a small hangar at a desk.

Spanx started out of a bedroom.

Amazon started out of a garage.

Papa Johns started out of a broom closet.

What kind of business can you start out of your home?

  continue reading

12 episodes

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