The millionaires death club pdf


 

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The Millionaires Death Club Pdf

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Steve Jobs: Obsess over the details Jobs had a reputation for being ruthless, but Kara Swisher, the executive editor of Recode, says that was a result of his obsession with perfection. You know what I mean? He cared too much. He had so much heart that he just couldn't stand it when things weren't right. Richard Branson 5. Mark Zuckerberg: Apologize quickly when you mess up After emotionally sensitive user content was removed by the Facebook content regulation algorithm earlier this year, Zuckerberg apologized publicly.

Am I moving too fast? I was still driving a Toyota Camry when I had become a millionaire. Ballers throw money around — because they have lots of it.

You see a guy in a Lambo and he may be a baller, but he may be just trying to be a baller. There is a big difference. The truth is, you can have a Lambo and not be a baller. The pretender spenders try to impress everyone by picking up dinner, downloading the bottles, downloading the big car. They seek freedom, not friends. In the meantime, live below the money you are making. Not because you are depriving yourself, but because you are seeking to use the extra money to start a second flow of income from an investment.

The Millionaires' Death Club [PDF Download] Online

No one has ever done business with me because of the suit I wear, the watch I have on my wrist, or the car I drove. Or as I like to say, pay the price today so you can pay any price tomorrow. The only reason to save money is to invest it. Put your saved money into secured, sacred untouchable accounts.

Never use these accounts for anything—not even an emergency. This will force you to continue to increase your income. Still to this day, at least twice a year I am broke because I always invest my surpluses into ventures I cannot access. Investing is the Holy Grail in becoming a multi-millionaire and you should make more money off your investments than your work. When investing, do not diversify.

If you are going to bank a million before you are old and tired you need to pick one or two investment you KNOW are winners and go all in on it. I knew that no technology could disrupt this and that a weaker economy only made the business better.

So, I went all in on the thing I understand and that gives me the most chances of hitting multi-million dollar pay-dirt.

The Millionaires' Death Club

Debt that produces income and builds your value or allows you to expand your brand, your enterprise or your name is good debt as long as it produces either more value or more income than it costs. I borrowed money for a car only because I knew I could increase my income.

Rich people use debt to leverage investments and grow cash flows. Poor people use debt to download things that make rich people richer. Most people download a home, but this a liability, not an asset. People think the only way to save money is to download a house. Suzy Orman thinks you have no way to earn any real money for yourself, so she advises you to download a house as the only way to get your money.

The house, much like a college education, has been fed to you as the American dream. Work harder and longer than everyone else The discipline of work as an ethics matter is lost in our culture today.

Working hard for a week or so means nothing.

Success is not a journey for most people, it is a marathon. People live for Fridays when they lack purpose. Sundays are rest for those who at least work 6 days. Quit acting poor and quit acting like you are a spectator.

Boss up in everything and especially in the money department. The cost of goods is not the issue, boss up and produce in your life. Act like a boss, not like a little whiner, because to get rich and stay rich you will have to make it a priority.

Money is like a jealous lover. Ignore it and it will ignore you or worse, it will leave you for someone who makes it a priority.

Money loves people that have a great work ethic.

List of Ugandans by net worth

I worked more than the boss. Never try to be the smartest or luckiest person; just make sure you outwork everyone because being poor makes no sense. I have been poor and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow ok. So, you can see you need more income. The old saying is people lie, emotions deceive, but numbers always tell the truth.

Math is a universal language and necessary for you to get where you are going. When it comes to money you have to quit giving everyone else money and only paying yourself what is left over. Pay yourself first. Before you make the house payment, utilities, phone bill, the nanny—fund your savings and emergency accounts.

And in order to get wealthy, you have to first get rich. Income is king, so keep increasing your income by increments, and keep yourself focused on your income—not your expenses. If you spend all your time on defense sooner or later you lose the game. The trick with money and ultimately how to get super rich is to stay on offense.

I know this sounds basic—because it is—but a lot of people have this confused. People are out there trying to save money, talking about how debt is bad and save, save, save.

There is no chance of wealth without income first. You need income. The reason people get a job is to get income. Now the question becomes, how much can you incrementally increase that income? Those are commissions. All the benefits of that relationship are then commissions. For what? Good health. The truth is the better you get in sales no matter what job you have, no matter what industry , the faster you will get to your first million.

If you want to speed up the process, I also created Cardone University to show you exactly how to get better in sales. But as I mentioned earlier, your goal is to increase your income. There is a big difference between cash and cash flow. Cash is garbage—inflation eats it. This is why saving money is useless.

If you leave money in savings too long, it disappears. This is why you should only temporarily store your cash, then you need to invest the storage. Money needs to make babies—it needs to multiply, otherwise, you might as well spend it as soon as possible.

Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines—things move in and out quickly. The same is true with money. Cash is not king, rather cash flow is king. To increase my income, I first invested in myself by investing in a training program to improve my sales skills.

This allowed me to incrementally increase my income at my job. I kept storing excess cash into I had enough to invest in real estate.

This meant I got a passive flow of income each month without doing any work. I like to call this mailbox money, and I explain in detail about it in my new book , which you can also get for FREE! Am I moving too fast? I was still driving a Toyota Camry when I had become a millionaire.

Ballers throw money around — because they have lots of it. You see a guy in a Lambo and he may be a baller, but he may be just trying to be a baller. There is a big difference. The truth is, you can have a Lambo and not be a baller.

The pretender spenders try to impress everyone by picking up dinner, downloading the bottles, downloading the big car.

They seek freedom, not friends.

[Ebook]^^ The Millionaires' Death Club Full PDF

In the meantime, live below the money you are making. Not because you are depriving yourself, but because you are seeking to use the extra money to start a second flow of income from an investment. No one has ever done business with me because of the suit I wear, the watch I have on my wrist, or the car I drove. Or as I like to say, pay the price today so you can pay any price tomorrow. The only reason to save money is to invest it. Put your saved money into secured, sacred untouchable accounts.

Never use these accounts for anything—not even an emergency. This will force you to continue to increase your income. Still to this day, at least twice a year I am broke because I always invest my surpluses into ventures I cannot access. Investing is the Holy Grail in becoming a multi-millionaire and you should make more money off your investments than your work.

When investing, do not diversify. If you are going to bank a million before you are old and tired you need to pick one or two investment you KNOW are winners and go all in on it.

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