There are two routes to climbing the Millionaire Mountain: a short and long one. The
long route is the safest and easiest. You can literally become a millionaire by
investing as little as a dollar a day. To become a millionaire in your lifetime, all that is
required is (1) the ability to find investments that yield at least 10% annually after
taxes and (2) the discipline to keep up the process, year in and year out. But this is the
long route and is certainly not the way most of us want it. Nonetheless, while finding
your way to the fast route, why not also take time and invest in the long route?
No matter your present circumstances, here are the four steps to your first million:
1. Decide that it's okay for you to become a millionaire
2. Practice imagining yourself enjoying an abundant lifestyle
3. Spend less than you earn
4. Invest the difference
In the whole wide world of money there are only four major ways of becoming a
millionaire. No matter what your background, you can learn to master one of these
areas.
1. Investments: Accumulating shares of stock, bonds, CDs
2. Real Estate: Owning properties
3. Business: Marketing products, services or ideas
4. Internet: Expanding possibilities
Why call this the Mountain Range of Wealth? A lot of routes can be taken to the top of
each mountain. But for now, realize that you will probably reach your million-dollar
goal with a combination of all four.
Principles are simple yet powerful models that help us understand how the world
works. There are at least 24 Principles of Wealth. Let's call them "Ahas."
First Aha: Everyone Manifests
Look around you. Everything you see began as thought in someone's mind. The
chair, the table, the car. The verb for turning thoughts into things is to manifest. First
you think it, then you manifest it. You "materialize" it. You cause it to appear.
Everyone manifests. Some people manifest abundance. Some manifest lack. Think
positive thoughts, intensely. Grow enthusiastic images. Speak only wonderful words
to yourself. Like a magnet, you will attract the resources necessary to manifest the
world you desire.
