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Joining the Ranks of the Private Millionaires
Home :: Finance :: Wealth-Building
By: Luke Hawthorne Email Article
Word Count: 1114 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Let's be honest; we all want to be wealthy. Wealth, whether it's gold, buildings, land or livestock, gives us a lot of what we want out of life. Although wealth can also be defined in many other ways, for this brief article, I want to use the normally accepted concept of wealth; money.

There are really only three ways to get money; you can win or inherit it; you can take it by force or coercion; or you can earn it. (I think lawsuits probably come under the 'by force' category).

By far the most certain, ethical and safe way is to earn it. However, most people who choose this option usually do it by exchanging their time (and effort and skills) for money.

Business owners typically know that this is not the best way to go about earning money. A man (or woman) may start a business and employ people to do the day-to-day chores for him. By doing this he leverages his time by getting paid MORE (by his customers) than his employees cost him.

Most people, however, don't have the initial money (investment capital) to start a business, so they end up working for somebody else all their lives. There could well be an alternative!

There's some buzz going around the internet at the moment about a company called 'The Private Millionaire'. At first glance, it appears to be nothing more than another MLM or Viral Marketing system, but I thought I'd dig a little deeper, as I'm not one to judge the proverbial book by its cover.

I had to laugh at the initial web pages that suggest you can make $4 million and retire comfortably very quickly. This, I thought, is going to be fun to read. Let's face it, most of us have seen similar offers that promise ridiculously high earning potential, and I thought this one would be no different. But I read on mainly because the sales pages are so expertly written.

On further inspection, this United Kingdom based company seems to have hit upon a really great concept. This is how it works:

The products they are selling are downloadable reports; nothing new there. But the way they market these reports is very clever indeed. As many people now know, even an average product can be the most successful in its market if it's marketed well, McDonalds being a prime example.

The potential customer is taken to their initial page which very briefly explains that there are four downloadable reports, all of them about wealth and money. Two of the reports cost $16 each. The first report is free, and then you buy the second report from the person who referred you to the website.

The third report is also free, but then you buy the fourth report from the person who directed you to the initial sponsor's website (i.e. the sponsor's sponsor). Total outlay for all the reports is $32. These are extremely well written reports by the way, and arguably, are easily worth $16 each, even though the average price would actually be $8 per report, because 2 of the four reports are at no charge. What you do with the information within each report is of course entirely up to the reader, which is, of course, the case with any and all information products.

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Luke Hawthorne has been writing for over 14 years. His interests include making money, flying airplanes, skiing, scuba-diving and paragliding. http://www.private-millionaire.org/1/64039801-invitation-page.aspxhttp://www.private-millionaire.org/1/64039801-gateway-page.htm

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