How to Become a Millionaire by Age 30 (aka soon if you’re older than 30)

To read the excellent full article by Grant Cardone, click here!

Getting rich and becoming a millionaire is a taboo topic. Saying it can be done by the age of 30 seems like a fantasy.

It shouldn’t be taboo and it is possible. At the age of 21, I got out of college, broke and in debt, and by the time I was 30, I was a millionaire.

Related: I Had Been Fired and Evicted, and Still Retired at 27

Here are the 10 steps that will guarantee you will become a millionaire by 30.

1. Follow the money. In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.

2. Don’t show off — show up! I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy.

3. Save to invest, don’t save to save. 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 follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

4. Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

5. Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. 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.

Related: LISTEN: How to Make a Million Dollars Online

6. Money doesn’t sleep. Money doesn’t know about clocks, schedules or holidays, and you shouldn’t either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 p.m. Most times you could find me there at 11 p.m. making an extra sale. Never try to be the smartest or luckiest person — just make sure you outwork everyone.

7. 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. Bill Gates has said, “If you’re born poor, it’s not your mistake. But if you die poor, it is your mistake.”

8. Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have been studying millionaires to duplicate what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

9. Get your money to do the heavy lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work. If you don’t have surplus money you won’t make investments. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last 10 years. My third investment was in real estate, where I started with $350,000, a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.

10. Shoot for $10 million, not $1 million. The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there too.

Top Five Regrets of the Dying

top5

 

And on that somber note, HAPPY THURSDAY!!

How to Create a Social Media Brand Voice

Whether you want to create a full-fledged brand or simply learn to be a more effective communicator, here are four key elements you need to understand:

This infographic and an in-depth explanation can be found here

Work Inspiration: Jimmy overcomes one of life’s many obstacles

 

Happy Monday, everyone! Hang in there!

19 Hard Things You Need To Do To Be Successful

19 Hard Things You Need To Do To Be Successful

running snowREUTERS/Luke MacGregor

A woman jogs past snow covered beach huts in Brighton, southern England January 7, 2010.

You have to do the hard things.

  1. You have to make the call you’re afraid to make.
  2. You have to get up earlier than you want to get up.
  3. You have to give more than you get in return right away.
  4. You have to care more about others than they care about you.
  5. You have to fight when you are already injured, bloody, and sore.
  6. You have to feel unsure and insecure when playing it safe seems smarter.
  7. You have to lead when no one else is following you yet.
  8. You have to invest in yourself even though no one else is.
  9. You have to look like a fool while you’re looking for answers you don’t have.
  10. You have to grind out the details when it’s easier to shrug them off.
  11. You have to deliver results when making excuses is an option.
  12. You have to search for your own explanations even when you’re told to accept the “facts.”
  13. You have to make mistakes and look like an idiot.
  14. You have to try and fail and try again.
  15. You have to run faster even though you’re out of breath.
  16. You have to be kind to people who have been cruel to you.
  17. You have to meet deadlines that are unreasonable and deliver results that are unparalleled.
  18. You have to be accountable for your actions even when things go wrong.
  19. You have to keep moving towards where you want to be no matter what’s in front of you.
You have to do the hard things. The things that no one else is doing. The things that scare you.
The things that make you wonder how much longer you can hold on.
Those are the things that define you. Those are the things that make the difference
between living a life of mediocrity or outrageous success.
The hard things are the easiest things to avoid. To excuse away.
To pretend like they don’t apply to you.
The simple truth about how ordinary people accomplish outrageous feats of success
is that they do the hard things that smarter, wealthier, more qualified people
don’t have the courage — or desperation — to do.
Do the hard things. You might be surprised at how amazing you really are.
 

Read more: http://danwaldschmidt.com/2014/01/attitude/hard-things#ixzz2wGHSQgZG

 

Role Model of the Week: 81 Year Old Runs a Marathon Every Month

Many of us have excuses for our struggles, your pal Jimmy included. You can’t find a job because of the economy. You don’t have time to exercise. You can’t find love in your city. You’re getting too old. Your body can’t do the things it used to. Usually it helps to find a role model that can prove that you can. Case and point, this man:

Doctor’s Prescription for Beating Cancer: Running More Than 200 Marathons (article from yahoo!)

By  | The Good News – Fri, Mar 7, 2014 10:50 AM EST

photo courtesy of Dr. Moses ChristianThe 81-year-old physician battling prostate cancer will run his 19th L.A. marathon on Sunday, one of more than 200 marathons he’s run over 18 years. Christian was diagnosed with an advanced stage of the disease in 1994, and it has since metastasized and spread to his spine. Nevertheless, the man on a mission continues to work full time as a general surgeon and practitioner in Beaumont, California, and runs a marathon every month.

Furthermore, he’s skipped chemotherapy in favor of a vegetarian diet, alternative medicine, and, most importantly, running.

“One thing that’s going through my mind when I run is the health benefit, and then the challenge of it, the determination,” Christian tells the Good News Blog. “Especially when you do one a month. There are times when you think you can’t do it because of the pain and all, but I tell myself, no I have to finish it. How can I go back after travelling and going this distance and tell the people at home that I quit?”

Dr. Moses ChristianWhile Christian only began running only at age 61, he has conquered more than many who’ve been hitting the trails their entire lives. For 14 years, the doctor has run a marathon every single month. He got into it when his cousin dared him and quickly became hooked.

Christian initially believed running great distances was bad for the knees, but he changed his mind once he took up the sport.

“It is a good addiction,” Christian remarks. “One of the secrets I have lived this long with the cancer is my exercise. A good diet and a stress-free life, it’s a holistic approach.”

Christian opted out of radiation years ago, as he felt the treatment did more harm than good. He was told surgery wasn’t an option, which actually made him happy because he didn’t want to quit running.

As a substitute, the doctor visited an alternative medicine clinic and started taking all-natural vaccines. Keeping his health in check, he adopted a mostly vegetarian and vegan diet, with the occasional serving of fish and ice cream.

Otherwise, it’s all about marathons. Christian even ran the Boston Marathon in 2013, which was disrupted by two fatal bombings. He was on mile 20 when officials halted the competition.

“They told me to stop. They said I couldn’t go any further,” he recalls. “They said to come rest in the tent. I said no. I had planned whatever happens, I’m going to finish. I took my own road, my own route. I’m a very stubborn man.”

Dr. Moses ChristianChristian finished the 26.2 miles his own way and would later learn what had transpired.

In addition to running, the spry senior participates in biathlons and is a thrill seeker. He climbed Mount Kilimanjaro in 1997 and went bungee jumping in New Zealand in 2007.

“Running a marathon is much harder than jumping. You just close your eyes and jump and trust the rope,” Christian says.

It’s his ability to look beyond cancer that makes him such a winner. He hangs his medals in his office as a means of motivating patients, and he pushes everyone to test their limits.

His motto is to lead by example.

“Whatever you do, do it for the glory of God,” Christian remarks. “Be an inspiration to others.”

The Day-to-Day Activities of Music Mogul Pharrell Williams

A DAY IN THE LIFE (from Fast Company)


Time He Gets Up: “Generally, around 9 a.m.” (He never uses an alarm clock.)

First Thing He Does Each morning: “First thing I do is thank the master. I thank God every day. Then I lie there for a few minutes and just sort of . . . be. Then I shower, and that’s where a lot of my concepts come from. I write songs in there sometimes. If you don’t interrupt [your subconscious] with the ego, or are like, No, it’s gotta be like this, then a lot of ideas will come. Once you start judging it and editing it, then you’re no longer tapped in. You’ve moved it over to your mind before you even realize it. So I spend a lot of that time just standing there in the water with a blank stare. It is often the reason why I’m tardy.” To potential collaborators, he adds, “When you hear me say ‘traffic,’ and I wink, you’ll know what that means.”

Apps and Other Assists: Apple’s Logic Pro. “I’m a creature of habit. Now that I’m on it, it’s hard to get me off.”

Typical Schedule: “I do phone calls from somewhere between 10:30 a.m. and noon. I’m usually entering the studio between 12 and 1. I work from 1 or 2-ish to maybe 9 or 11 every day. Somewhere between 4 and 6, I may have to get on one or two conference calls about things outside of music.”

Last Thing He Does each night: “When I get back to my room late at night, I first watch MSNBC, then some Discovery Channel stuff. Then I’ve gotta go to TiVo and look at all my esoteric aliens stuff, like Ancient Aliens. I have to spend at least 30 minutes on that a night.”

Time He Goes to Bed: “Sometime between midnight and 2 a.m.”

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