This summer I find myself working harder than
I have in a long time.
And you know what?
That's a good thing.
If this confuses you, you should read a book
called "The Millionaire Next Door."
It explodes a lot of the biggest myths about
m'oney making.
Myths that quite frankly, a lot of people are
working overtime trying to sell you because
they want you to spend without thinking.
======================================
Myth #1: Millionaires don't work hard
======================================
I know many, many people who've become
financially successful starting from scratch.
Folks who've elevated themselves from zero to
millionaire and multi-millionaire status.
And they all share one thing in common...
They work much, much harder than the
"average" and "sub-average" person.
I know this flies in the face of the guru
fantasy guys, but sorry, it's reality.
The good news is if you think you must being doing
something "wrong" because you work so hard,
guess what?
You're on the right track.
===========================================
Myth #2: Millionaires spend lots of money
on toys and other indulgences.
===========================================
Yes, the news media loves to shower attention
on big spenders. After all, extravagant people
make for good stories.
The gurus like to talk about their expensive
cars, their expensive vacations, their over-sized
homes.
They're idiots.
I've met many people who could buy and sell
the average Internet guru hot shot tens times
over and most of these self-made folks are
militant about living normal, low key lives.
Why?
They're more interested in building their
net worth than building their overhead.
(Read that sentence again. It may be the
most succinct and powerful financial advice
you'll ever get.)
====================================================
Myth #3: Millionaires are all about the "lifestyle."
They know the best clubs, the best vacation spots,
the best cars, the best of everything
====================================================
Financially successful people are all about
being effective in their marketplaces.
They could care less about *appearing*
wealthy. They're far more interested in
*being* wealthy.
They're constantly on the look out for opportunity.
They're always seeking ways to be more productive,
to make their offerings better, to reach new markets.
They make a game out of it.
When you're in the right market and you enjoy
what you're doing, it's fun.
"Normal" people want to take it easy. They dream about
retiring early. About getting something for nothing.
That's the formula for getting nowhere.
There are two kinds of people in the world
when it comes to wealth building...
People who are production minded and people
who are consumption minded.
When people who are consumption minded
get a windfall, their first thought is to how to
spend it.
When production minded people get a
windfall, they put it aside and get back to
work. They try to figure out how to take the
win and leverage it to go even further.
That's the mind set of the entrepreneur.
And when you live this way, you'll find you
have the money of anything you really need
or really want to do.
"The Millionaire Next Door" is a great book
and it will help you get your head screwed on
right about money and how it's really made
and accumulated.
*** Opportunities for Internet marketers
This summer I'm working hard on new ways to
bring more people to the Internet marketing
world the right way.
Three things for you to check out:
--- The System Intensive in London
If you live in the UK or Europe, or can otherwise
get to London easily, and you want to learn
how to use Internet marketing and direct marketing
to build real, solid wealth, I be offering a unique
training called the System Intensive this
fall in London.
More details are available here:
http://www.SystemIntensive.com/uk
--- The System Boot Camp in Chicago
The annual System Seminar is where people
with six, seven and even eight figure a year
businesses go to get new ideas and
inspiration on how to take their businesses
even further.
But what if you're just getting started or
you're still trying to make your first
big breakthrough in Internet marketing?
Where can you go?
It's been seven years since I offered a
course especially for beginners and
intermediate Internet marketers.
This fall, I'm offering a brand new
one that includes all the big changes
that have taken place in Internet marketing
in the last seven years.
I'm not sure when I'll get the chance to
offer another training like this in a live
setting...so if you want to get the training
that has launched more Internet marketing
success stories than practically all the
other seminars out there put together...
check this out.
More details are available here:
http://www.SmartBeginners.com/bootcamp
---- The Virtual System Seminar
Until now, the only way to access the
System Seminar training has been to get on a
plane and come to Chicago.
Not only has the tuition gone up steadily
every year since we started, but so have transportation
costs and it looks like they'll be even higher
next year.
For years, people have been asking me to
make the System Seminar available
remotely.
This is the year we're going to do it.
For people who know a great opportunity
when they see one and don't need a big
song and dance, we have an amazing deal
for smart early birds.
More details are available here:
http://www.thesystemseminar.com/2008/cds/
However you decide to use your summer...
whether to work or play, or do some of both,
I hope it's a great one for you.
It's been a long time since I've been on
school, but summer still represents
freedom to me and that, ultimately, is
what smart entrepreneurs are working
for.
Best,
Ken
P.S. This would be a very smart way to make
your summer highly productive:
http://www.thesystemseminar.com/2008/cds/
Ken McCarthy
The System Seminar
---------------------------------------------------------
* The System Seminar March 27 - 29, 2009
The annual gathering of *serious* Internet entrepreneurs
http://www.TheSystemSeminar.com
* London UK - System Intensive November 15 & 16, 2008
* Home study solutions for Internet entrepreneurs
http://www.KensCatalog.com
* Serious marketing books for serious marketers
http://www.RealMarketingBooks.com
---------------------------------------------------------
The System
Education for Internet Entrepreneurs
14 North Road
Tivoli, NY 12583
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