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Is There a Millionaire Secret
Home :: Finance :: Wealth-Building
By: Wilf Staton Email Article
Word Count: 1142 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Is there a millionaire secret that will make us all millionaires? (If we want to do something about it). Well maybe there is or maybe there isn’t. Do we think that all those millionaires out there became so because they had a secret millionaire way of getting there?

I don’t think so. I think they worked at it, some probably got there easily and some just had to work a bit harder.

So is there really a millionaire secret? Maybe.

Lets look at it this way. If you want to eat an elephant how would you do it and how long would it take? An elephant is a big thing to eat so you can only eat it a bit at a time. This would take you a long time to eat an elephant.

Now lets get back to the millionaires and their supposedly millionaire secret. Most millionaires say that they did it with their own effort and hard work. What a lot of rubbish.

Now if we take for example a seller of hotdogs. Here is our potential millionaire pedaling his hotdog cart to the corner to sell his hotdogs. If he stuck at that would he become a millionaire? No he wouldn’t. The only way he/she could is buy buying more hotdog carts and spreading them through-out the city and then the nation.

That’s pretty hard to do when there is only one of you.

Let’s get back to the elephant. How do you eat a elephant quicker. Why by inviting all your friends, neighbors, finding new friends to help you to eat it. The more you get to help the quicker the elephant will get eaten.

So off the potential millionaire goes and solicits others to join with him/her in opening up more and more hotdog stands (or carts). He/she says to them, "I will provide you with everything you need to run your hotdog business, you just pay me a fee for doing so and buy all your ongoing supplies from me". What’s more if you bring in more people into this I will pay you a commission for everyone you do.

So the franchise business was born. But this is not about franchising this was all about the possibility of there being a millionaire secret.

It also makes rubbish that a person becomes a millionaire just by his or her own efforts. If there was no-one taking up the hotdog franchises and making the effort and putting in the work then the hopeful millionaire would never become one.

But the main thing is, is that the hopeful millionaire had the idea. He/she also was shrewd because he/she also had the smarts to involve the franchisees in helping to grow the business with the potential of them becoming millionaires.

So all of you people working for someone who is a millionaire and who says I did this all by myself, think again. If you were not working your butts off for that person that person would never become a millionaire. You are in effect working and putting in effort to keep that person a millionaire. What do you get in return? You are getting a pay packet and are told that you are lucky to have a job and by the way I am going to squeeze that pay packet because I want more money coming to me. Shouldn’t it really be said, "I am lucky that you are working for me because if no-one did I would not be a millionaire".

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Wilf Staton is retired and loves creating blogs and earning on the Internet. He hopes to be one someday. See is blog http://www.millionairesecret.how-do-you-do.info and see what he thinks the secret is.

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