Millionaires see themselves as self-employed

Self-made Millionaires see themselves as self-employed either in their functions as employees or entrepreneurs. They develop the mentality of highly independent, self-responsible, self-starting individuals. They are also intensely result oriented!

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Millionaires work hard

All self-made Millionaires work very hard. They start work early in the morning and finish work late in the evening. Bill Gates is known for working an average of 18 hours per day and taking 1 day off only per year!

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Do what you love to do

One common trait among self-made Millionaires and Billionaires is that they do what they LOVE to do. They identify what their LOVE vocation is and then dedicate themselves wholeheartedly to it! As a result, they become successful in everything they do!

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Vision and Action

Vision and Action are necessary on the path to becoming a Millionaire. According to Bill Gates 'Vision is the easy part'. And Sam Walton once quoted 'Capital isn't scarce, Vision is'. Vision must be followed by consistent and focused Action towards the desired Goal!

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Your Potential

Everyone has the potential to be very rich like Carlos Slim Helu, Bill Gates and Warren Buffett. You just need to enrich your personal finance knowledge and apply them. Action is necessary to become rich!

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Specific Education versus Formal Education

The Rich are obsessed with obtaining 'specific education' to get rich, like learning how to invest or sell, and the Poor and the Middle-class concentrate on getting 'formal education', from school to PhD!

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Syed Mokhtar Al-Bukhary

Ahli Perniagaan Bumiputera Malaysia yang paling saya kagumi ialah Tan Sri Syed Mokhtar Al-Bukhary. Beliau dilahirkan dalam kemiskinan dan tamat belajar setakat Tingkatan 5 sahaja, tetapi berjaya membuktikan kejayaannya sebagai Usahawan dan Pelabur yang berjaya. Untuk mengetahui rahsia-rahsia kejayaanya, boleh ke http://www.usahawan.com/…/rahsia-kejayaan-tan-sri-syed-mokh…!

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The Vision to become Rich

You must have the Vision to become rich, so that you can help the unfortunate and the needy, and make this World a better place. God loves more the rich who are humble and generous with their money towards the poor!

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The Greatest Secrets

The greatest secrets of the Rich are being charitable (philanthropy) and having their own company (corporation).

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What being Rich means

Being rich is not about having high status or living extravagant lifestyle. Rather, it is about being charitable and helping those in need, and making this Planet a better place to live!

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The 4 Types

There are 4 types of people mentioned by Robert Kiyosaki in his ESBI quadrant. They are Employee, Small Business Owner, Big Business Owner and finally Investor.

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The 4 Fields

There are 4 fields that you have to master for you to become rich. They are Accounting, Investing, Marketing and Law.

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The Truely Rich People

The truely rich people are wealthy spiritually and materially. They are humble and philanthropic. They like to serve people. They consider themselves as custodians of God's wealth!

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Investing Habit

The Rich spend less than they earn and invest the difference. The Poor spend more than they earn and never invest at all!

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Dream Big Dream

If you want to dream, make sure you dream big. Surround yourself with practical dreamers who are positive and upbeat, and who want you to succeed!

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Practical Dreamers

The path to financial freedom begins with a dream. If you can dream it, you can achieve it. Civilization is built in stages by practical dreamers!

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Making your first Million

Making your first million is often the hardest, after that your journey towards becoming a Multimillionaire and a Billionaire gets easier. You simply have to apply new strategies to match the financial targets!

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Street-education

Most billionaires from Bill Gates to Steve Jobs and Mark Zuckerberg are university dropouts. That shows how ineffective our exam-oriented educational system in producing men and women of wealth. Many billionaires depend on what I term 'street-education', rather than school-education.

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Financial Education is a Necessity

Elementary schools in all parts of the World never train students to be employers, instead they prepare them to only become good employees. Financial education and IQ are a necessity in becoming rich, that certainly is void in today's education system. Students graduate without being taught how to make money work hard for them, only how to work hard for money!

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Read like Buffett

Warren Buffett spends an average of 6 hours per day reading and researching anything to do with business and investing. And he still does it even when he's already successful! Cultivate the reading habit from now if you want to be a Millionaire or a Billionaire!

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Get Reading

I can't stress this enough, but reading is a common habit amongst successful entrepreneurs and investors. Invest at least 1 hour per day reading articles and books on business, especially business ownership!

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Importance of Research

Expect to fail at least 3 times before you succeed as a millionaire entrepreneur. If you wish to evade failure at all, spend some time researching on the failures and successes of other entrepreneurs!

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Do the Opposite

To be successful in business and life, watch what other people are doing and do the opposite. If people are busy looking for jobs at reputable corporations, you must be busy forming your own corporation and business!

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