Posts Tagged ‘brian tracy’

Brian Tracy, How To Reinvent Yourself – Part 3of5

http://www.Learning-Earning.com -- Success Coach Brian Tracy reveals the secrets of how to re-invent yourself and shares the secret to the number one success principle. Easily learn how to make more money, start your own business, set and achieve goals and create wealth faster than ever before. Learn more about Brian Tracy and his iLearning Global team.

Duration : 0:9:18

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Brian Tracy, How To Reinvent Yourself – Part 2of5

http://www.Learning-Earning.com -- Brian Tracy tells you how to make money online, set and achieve your goals, start a business, make money working from home, and ends this session with the number one secret of success. Join our Brian Tracy iLearningGlobal team to learn and earn your way wealth. We will personally mentor you to success not only in life, but in business and finances. Learn more about iLearningGlobal.tv by going to www.Learning-Earning.com

Duration : 0:9:25

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The Secret 5 Ways to Money – Become Rich

Five Ways to Become Rich
By Brian Tracy

If you are really serious about becoming wealthy, there are five primary ways that fortunes are made.

Become an Entrepreneur

The number one road to riches, at the head of the list and on the top of the hit parade throughout U.S. history, is entrepreneurship, starting and building a successful business. Entrepreneurship includes every kind of business, from farming and trucking to real estate and computers. Seventy-four percent of self made millionaires in the United States, going back 200 years, come from self-owned businesses. An individual starts with an idea for a product or service, turns it into a business, builds it up from the ground floor, and as a result becomes wealthy.

Work Your Way Up

Another way to become rich is as a highly paid executive of a successful company, or as an employee of a company that awards stock options that become valuable. Ten percent of self-made millionaires in the United States are men or women who have joined large corporations, or companies that became large, and worked for these companies for many years. They usually work hard; were promoted and paid well; earned stock options, bonuses, and profit sharing; and as a result of holding on to that money, become millionaires and multimillionaires.

Become a Professional

A major source of self-made millionaires consists of professional people—doctors, dentists, lawyers, architects, engineers, and others with advanced degrees who can charge high fees for their services. These people earn their degrees and dedicate themselves to becoming very good at what they do, rise to the top of their professions, earn high incomes, and then hold on to the money. Ten percent of self-made millionaires in the United States fall into this category.

Get into Sales

An important source of self-made millionaires is salespeople and sales consultants. Five percent of self-made millionaires in the United States are men and women who are experts and at the top of their fields in selling. They never started their own businesses. Few of them went to college or earned professional degrees. Instead, they became very good at selling a product of service, and were paid well for doing it. In addition, they managed their money well, invested it intelligently, and made it grow until they were millionaires or better.

All the Others

The final 1 percent of self-made millionaires includes all the people who have made their money in the stock market, with inventions, in show business, through the authorship of books and songs, as lottery winners, and all other sources. Unfortunately, because this group gets so much publicity, many think they are typical of the people who get rich. The fact is they are quite rare.

Action Exercise

Project forward 10 to 20 years and begin imagining you perfect life. What would it look like? What steps could you take immediately to begin making it a reality? Join the six minutes to success program and begin the road to riches.

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Five Ways to Become Wealthy

Five Ways to Become Wealthy

There are basically five ways that you can become wealthy starting with nothing in America based on over 25 years of research into American millionaires.

The Five Roads to Financial Success in America and How to Choose Your Own
There are basically five ways that you can become wealthy starting with nothing in America based on over 25 years of research into American millionaires. Number one, you can inherit it. Less than 10 percent of wealthy Americans inherited any of their money, and it’s less and less every single year.

The Second Way
The second way that you can become wealthy is you can achieve it professionally. You can become a doctor or a lawyer or an architect or an accountant. You can become extremely good at what you do, be paid very well, and hold on to the money.

The Third Way
The third way you can achieve it is you can become a senior executive of a large corporation. You can be highly paid; you can have stock options and bonuses. And if you stay with the company long enough, for enough years, you can be paid enough to become wealthy.

The Fourth Way
You can win it. But only a tiny fraction of one percent of wealthy Americans got that way by winning their money some way or another. As a matter of fact, the odds against you winning the lottery are the equivalent of lightning striking twice in the same place. They’re millions and millions to one.

The Best Way
The fifth way that you can become wealthy is you can start your own business and earn it all by yourself. Starting your own business has been and will always be the high road to becoming wealthy for most self-made millionaires. Entrepreneurship in America offers more opportunities and opens more doors than all other possibilities put together. This is why it has been said that if you have the ability to start your own business and you don’t do it, you are a fool. I’ll repeat that. If you have the ability to start your own business and you don’t do it, you’re a fool.

Where do you start?
You start by getting your finances under control. The very first thing you do is you make a decision to get your finances under control. Some years ago, a man named George Classon wrote a book called The Richest Man in Babylon. It’s a classic on financial success and what Classon said in that book was that the key to becoming wealthy is to pay yourself first. Take ten percent off your earnings, off your gross income every month and put it aside. Learn to live on ninety percent or less of your gross income. So the very first thing that you do is you begin to save your money.

Action Exercises
Now, here are two things you can do immediately to put yourself onto the high road to personal wealth:

First, resolve today to begin saving your money a little bit at a time. Set a goal to save 10% of your earnings, to put it away and to never touch it. This will change your life.

Second, immediately register your own business or sole proprietorship. Open a bank account, get business cards and letterhead and create the corporate entity under which you can do business. Your business opportunities will appear far sooner than you think. If you build it, they will come- Brian Tracy

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