Monday, 31 March 2008

Where do millionaires come from?

If you meet a ‘self-made’ millionaire, chances are that they made their millions in one of seven ways:

  •  An executive in the financial sector
  • A business owner (entrepreneur) in a growth industry i.e. communications, technology, wellness, marketing, manufacturing, law firm, media, energy, commodities etc
  • A real estate investor – They own a property portfolio that yields an income
  • Network marketing – They have built a huge down-line and benefit from residual incomes based on sales of products or services.
  • Intellectual property – They own the rights to various works of art including songs, literature, paintings, patents and copyrights and have made millions through royalties.
  • Stock investors – they trade on the stock market and own shares in growing companies.
  • Information marketing – These sell knowledge, advice, expertise i.e. a consultant, speaker, authors etc.

Sports and entertainment millionaires are often the most visible and vocal but they only represent a tiny fraction of the world’s millionaires. Chances are that if you meet a self-made millionaire, they will have made their fortune in one of the seven ways listed.

Smart questions: include, where do you go to get educated in these millionaire strategies? Why is none of this education compulsory and why isn’t any of it taught in schools? Why is the entire education process designed to help you get a job working for one of these seven people?

Smart observation: If you have little or no knowledge of any of these seven strategies, you will probably not become a millionaire no matter how much you dream about financial freedom. Sadly, nothing in the system prepares you for life in the success lane. You literally have to find out for yourself. Thankfully an abundance of information exists on these subjects. Simply choose your subjects and go for it!

Smart decision: Decide to educate yourself in one or more of these seven fields so that you at least have a chance of achieving the freedoms you dream about. 

I'd like to hear your thoughts on this subject. Email me a comment!

Monday, 3 March 2008

Welcome to my blogg

Hey friends and fellow learning revolutionaries,

Welcome to my 'Get Smart blogg'. The purpose of this blogg is to document my thoughts and journey as I go on the campaign trail to kick start a global movement for self-improvement. My message is simple - Get Smart! However its implications are quite profound, because it raises other social, economic and political issues. In particular, I want to address some of the discrepancies, disparities and blatant inequalities that plague the devloped and developing world. I also want to ask some poignant questions like:

  • Why is the income gap between the rich and the poor getting wider?
  • Is there any hope for people who fail at school?
  • Is it possible to fail in formal eduction and yet succeed in success education?
  • Is there any real alternative to self-help? I think not, unless you like the idea of total dependency.
The main aim of this blogg is to start a meanigful discussion about self-devlopment as it relates to success education, financial education and entrepreneurial education। I believe we are at the dawn of a new revolution; one that empowers ordinary people to achieve extraordinary success through self-development. Typically in a revolution, the poor rise up and sieze the assetts of the rich. Today, the main assett of the rich is knowledge. Thats right! The reason why the rich get richer and the poor get poorer is that the rich know things that the poor and middle classes do not! This new revolution is all about seizing the knowledge assetts of the rich, so that we can create our own success. I call it the learning revolution because for the first time in history, millions of us are determined to find out HOW we can create our own wealth; HOW we can achieve health and fitness; HOW we can experience fulfilling relationships and HOW we can live the life of our dreams.

If you are one of those learning revolutionairies who wants to know HOW and are committed to re-educating yourself in those critical areas that matter to you, then I invite you to join the discussion and post your comments on my blogg।