According to Ryan Matthews, its founder, the My Millionaire Mentor is a simple 21-step mentoring system which allegedly allows you to earn quickly and easily 4-figure commissions online – more precisely, $1,250, $3,300, or $5,500.
And for good reason. Making things or providing services to large numbers of people is a complicated business. You have to have a marketable idea, probably a brilliant one. You have to hire workers. You have to manage them. (You may even have to deal with a union, God forbid.) You need to build a spirit of cooperation and a culture that values high quality and customer service. And don’t forget the R and D you’ll need to keep the innovation
We understand that not everyone’s needs are the same. Some of you are just looking to support your Starbucks habit, while others are looking for that thing that will let you walk away from your full-time job and still be able to pay your mortgage.
3. Save to invest, don’t save to save. The only reason you should save money is to invest that money and have it work for you. Pay yourself first and put your saved money into secured, sacred (untouchable) accounts that you will not even touch in the case of an emergency. I created three sacred accounts early on and treat that money like it was gone knowing one day I would use it to start a business. By moving money out of your reach you are forced to continue to follow step one and replenish reserves with new income because. To this day, at least twice a year, I am broke because I invest all my surpluses into new ventures or investments that will create new income.
Ultimately you will have to sit down and discuss with her, on why you would prefer to save the money. Explain what your long term goals are with the money that you are trying to save. It is also a good idea to leave aside some money for spending, as life is not all saving and no play.
I listened to this, and watched the video interview in regards to your story. Really liked it man. My story is somewhat similar. As a junior I was one of the highest ranked tennis players in Hawaii, and was on my way to a D1 scholarship, and then maybe some pros… but I decided to take a year off to train… and in that year, totally burned myself out by overtraining and drinking too much caffeine.
My wife reads my site and often sends me links to stories and other ideas. One day she sent me a link to an article called 8 Ways to Make a Million bucks. The article chronicles 8 different millionaires and shares a brief story about how each of them reached millionaire status.
Entrepreneurs have crossed “the risk line” from the “Time-and-Effort Economy” to the “Results Economy.” For them, there’s no guaranteed income, no one writing them a paycheck every two weeks. They live by their ability to generate opportunity by creating value for their clientele. Sometimes, they – and you – will put in a lot of time and effort and get no result. Other times, they don’t put in much time and effort and get a big result. The focus for entrepreneurs always has to be on results or there’s no revenue coming in. If you work for an entrepreneur, guess what! This is true for you, too. Though you probably have a guaranteed income, it’s important to understand that the business you work in exists inside The Results Economy, even if you’re sheltered somewhat from seeing that. I say this not to make you feel insecure, but to show you how to succeed in this environment: by maximizing your results while minimizing the time and effort it takes to get them.
First of all, it’s yet another rebranded MLM. In the past, they’ve also gone by the name of My Online Business Empire (MOBE) and My Top Tier Business, although they haven’t changed a thing aside from their name (kinda sounds like what happened with DS Domination & Infinii or Neways & Modere).
Stacia, this is very inspiring. I too am looking to be mentored by a millionaire that is humble enough and caring enough to share his or her secrets with a young man trying to build a better life for more than just himself. God bless
PS. There are a lot of really good mentors out there that will teach and guide you the right way. My mentors are 2 of the best in the industry and they have never asked me for a penny and I’m not even in the same company as them.
Asking for help wasn’t my forte, but I had to make it happen. Within months I had a lawyer, editor, personal trainer, part-time chef, and other personnel. It cost me a fortune at first, but eventually helped push me into the million-dollar mark. Most people won’t ask for help because their ego is in the way.
1. Follow the money. You need to find an opportunity where you have the ability to raise your income. You can’t save your way to a million dollars in today’s environment – you need income. Find a vehicle (job) where there is the possibility to produce incomes north of 100k. If you are at a job that you love where you make 40k a year, start looking for opportunities where you are now to follow the money and get into the revenue stream whereby you can participate and be rewarded by assisting the company in more revenue.
Making money isn’t a race. Competition certainly fuels some people’s desire to build wealth, and sometimes these competitors are tempted to do things they shouldn’t for the sake of a bigger payoff. But if you stay focused on your own goals and ignore what the other guy is doing (except to the extent that you can learn from it), competition is no longer a factor.
So I called Bryan Johnson, who started a company called Braintree. You might not have heard of Braintree but you’ve heard of their customers. They provide credit card transactions or payment services for companies like OpenTable, Uber, Airbnb, etc.
You’re thinking 10X bigger than everyone else. You’re operating under short timelines and high pressure. You can tax yourself to extremes while you work because you spend lots and lots of time resting and preparing.
Let’s imagine that you were to contribute the maximum amount allowed to your 401(k) each year ($18,000 as of 2017), beginning at age 20. Assume that you then earn 9% on the money, with the balance compounding.
If none of these are of interest, maybe you can sell handmade crafts, get paid for your opinion, make and share videos, or even get paid to watch television. Click here for even more legitimate ways to earn money online.
Work toward $1 million a year in revenue backwards. If you want your business to earn $1 million a year, that means you must make $83,333 a month, or $20,833 a week, or $4,166 per business day. That is a lot of money to earn every business day, but what new products or services could you add now that could possibly earn that much within one to two years? Think in terms of leverage, developing systems and residual passive income streams. Every minute of time you spend should be seen as an investment.
uhm…I think these 7 ways is so cool. It’s so hard to combine all ways to do at the same time but if I just follow some of them well, I can improve my millionairess status day by day. It’s worth to try!
You don’t have to give up anything to become wealthy. Financial security is a choice, not a sacrifice. There will be trade-offs, of course; you may not buy or do something today so you can buy or do something else later. But that, too, is a choice. You’re deciding what’s most important to you, so whatever you don’t buy or do today isn’t really a sacrifice — it’s just something that isn’t as important to you.
About WA, It is free for as long as you want, you decide yourself if you upgrade or not. If you later on, want to upgrade there is a cost of $47 a month or you can also pay for the whole year and get it for $359 a year (that is only $29 a month).
You order takeout and the deliveryman leaves you with a white plastic bag. On the exterior is a goofy yellow smiley face grinning back at you, encouraging you to “Have A Nice Day!” You take your food and plop in front of the television to find the same stupid smiley rolling down the isles of a Wal-mart ad, bringing customers shopping cheer as they peruse the super store.
FYI Everyone….Always keep in mind…..any program that says you could make thousands of dollars in such a short time….is a scam. If such a program did exist you wouldn’t be seeing shabby videos about it floating around on the internet. In fact, you wouldn’t be seeing ANY advertising about it because legitimate program opportunities are passed through word of mouth!
Start a blog, give speeches, write articles or publish a book on your niche area of business. Become the expert that people seek out when they need a solution. If you market yourself enough you will be receiving warm phone calls from individuals wanting to buy from you instead of potentially cold calling on individuals who have no interest in your business. (For further reading, check out Small Business: It’s All About Relationships.)