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8 Millionaire Lessons

Millionaire lesson No. 1
Build a strong brand, and don’t be afraid to promote your product with passion.

Millionaire lesson No. 2
Don’t be afraid to go out on your own if you possess the competence and know people who can help you reach your goal.

Millionaire Lesson No. 3
Identify trends and be patient, even if it means waiting a decade to make an investment.

Millionaire Lesson No. 4
Success on the Internet isn’t serendipitous. Don’t court investors until you have adequate traffic and initial revenue.

Millionaire Lesson No. 5
Plan for the very long term. Gary Gardelli waited two years to get the job he wanted and more than 30 years for the payoff.

Millionaire Lesson No. 6
Combining an old way of doing things with a popular new trend will resonate with customers and clients.

Millionaire Lesson No. 7
It doesn’t take a fortune to build one. Saving a little at a time is an established path to accumulating wealth.

Millionaire Lesson No. 8
Forgo the safe route and find an employer who will help you live up to your potential.

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8 Millionaire Lessons

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The Power Of Social Proof

I am on day 23 of my internet marketing career and already I’ve replaced the income from my J-O-B.

That’s right.

In just under a month, my income is at (actually slightly above) what I was making as an ‘E - employee’ at The Rich Dad Company.

What does that say about the education I received while working for Robert and Kim Kiyosaki for the last six years? To me it says that I am one of THE LUCKIEST people on the planet.

Not only did I have the opportunity to study side-by-side with Robert, Kim and the rest of the Rich Dad team, I got the opportunity to jump out into the real world and put that education to work.

One of the most significant things I’ve learned so far, is the power of social proof.

What is social proof?

It is when someone well known in the circles you are looking to be successful in endorses you. I have an advantage over most others having Robert and Kim behind me.

However, social proof can come from anyone. And it is often just as powerful.

Check out this video Nic Mitchell made (without my knowledge!) and posted on YouTube.

Now THAT demonstrates the power of social proof. And the power of leading with the giving hand. Nic didn’t ask for anything in return (although, I have recorded a response video that he does not know about yet).

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The Power Of Social Proof

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Why Recognizing Feedback Is Critical To Success

Robert just submitted an article to Entrepreneur.com that captures, in a concise, easy-to-digest fashion, the importance of recognizing, hearing, and acting on feedback.

When building a business, one of the KILLERS that often results in a failed business, is the inability of the leader to accept feedback. Remember the quote from rich dad?

“If you are the smartest person on your team, then your team is in trouble.”

It is this attitude that causes so many businesses to flounder and ultimately end up in the toilet.

Each of us is receiving feedback every minute of every day. Winners know how to recognize and act on that feedback.

Seif

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Why Recognizing Feedback Is Critical To Success

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True Flexibility… Literally

Talk about context before content…

Check this out.

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True Flexibility… Literally

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This Time It Is For Real

Remember the Apprentice Challenge? That was over two years ago, when I was still working at the Rich Dad headquarters in Scottsdale, AZ.

You heard me right, I no longer work at the Rich Dad headquarters. As of 31 July, I am officially on my own, building my own business.

I still do some work for Rich Dad, but remotely, as a consultant.

I’ve also moved myself and my family about 120 miles north of Scottsdale to Flagstaff, AZ. It has been our dream to move here for 3-4 years now (ask anyone at Rich Dad and they’ll tell you how I’ve talked their ears off about this for a long time).

I want to be up front about how this all came about.

For the past six years I’ve managed the online presence (IT, web, RD Underground, etc) as well as the home office network for the Rich Dad Company. During that time I’ve received what I consider to be the most valuable education anyone could ever receive.

However, there was something I was missing. Sure, I could do the IT work and was extremely successful at building and fine tuning the systems, but there was a problem.

IT was not my passion.

As most of you know, I love making videos. Especially behind the scenes, fly on the wall-type videos of stuff no one else gets to see.

So, I decided to move out of IT and into media production. Well, my skill level and experience did not allow me to do that full time at Rich Dad.

Therefore, the decision was made for me to move on, and do things on my own. This is what I am calling ‘The REAL Apprentice Challenge.’

Robert and Kim were incredibly supportive and encouraging. It was not easy to leave the folks at Rich Dad that I had come to think of as my family.

However, I believe it was the best thing for me and the best thing for the company. We both needed to grow beyond our current context.

So, here is the deal. I have teamed up with a friend of mine who is an incredible entrepreneur, online marketing expert and teacher. He and I are going to be building a team of people dedicated to getting financial education into the hands of the people that are ready to learn.

If you’ve subscribed to this blog, then you will receive a separate email explaining the whole thing.

In the mean time, I am going to keep you all posted on my progress. Hopefully via video, like the first apprentice challenge. The only difference is, this one is for real.

Do or die.

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This Time It Is For Real

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