How to Become a Millionaire
Monday June 5, 2006
While being a millionaire, at least on paper, may not be quite what it once was, it's still something that most people will only aspire to and never actually achieve. And while money is rarely the only motivating factor for entrepreneurs, long-term financial security is certainly one of the top things that prompts people to start their own business.
Our Financial Planning Guide, Deborah Fowles, says that becoming a millionaire really isn't out of reach for many people, and spells out the 9-step tried-and-true method for doing so in How to Become a Millionaire. #9 on the list: "If possible and feasible, own your own business."
Related: Making Your Business Work For You: Turning Business Success into Personal Wealth
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of course i had to quickly check this one cuz i’ve decided to leapfrog the Millionaires & head straight for the $Billionaire stratusphere!!
I fervently believe that if one wants to become a millionaire we have to reiterate what one billionaire in the U.S.A. once said: ” If your really want to become a millionaire then never lose money that is plain and simple as that.” I will also suggest what our almighty God Jesus Christ once said: ” There is only one way to become rich – borrow to those who have.” Borrow to the banks, to people and institutions who have the money and invest them in profitable ventures and pay the debts promptly before they become due.