How To Make A Million Dollars Fast And Furious
What if I was to tell you that money was just a figment of your concentration? Ever considered making a concentrated effort that could change your life for good? Ever wondered if you applied yourself to making your first million whether it would be a waste of time or a life changing experience? Either of these posibilities may occur. The question really is, would you try? Have you ever spoken to somebody who has made a million dollars? Do you ever wonder how they would answer your questions?
For example, you may be surprised to discover that making that first million is easy. I would wager that nearly every such person you spoke to would answer, if they were to be completely honest, that the money really was quite simple to get. They would probably go on to tell you that what really stopped them was their environment. Listening to family, the wife/husband, the social compass’s in your life. That working long hours in a good job was the only and honest way to earn money and anything else was simply wrong. These millionaires would probably even admit that the real reason they succeeded was because everybody else was still under that same restraint and so they probably did so well simply due to a lack of competition.
A wealth building program that works
To make a million dollars fast you have to have a system. You see, it doesn’t matter how much you have made or how much money you had to start with, what matters is how you are going to get there. If that system is robust, you will never fear poverty again.
Jack Reynolds was a good salesman. He was honest and hard working and I was his sales manager. I left that workplace several years earlier and caught up with Jack one day to see how he was going. You see, I found a system for myself that made sense. This system served as a structure to apply to my daily actyivities. When I saw that was working, I just simply re-produced my initial results to continue the momentum.
I did make my first million fairly quickly, infact when I saw that it was feasible, I was like a man on a mission. There was nothing that was going to stop me and nothing did. Jack on the other hand was still at the same old Insurance company we had spent many years at. His eyes were like diamonds when I showed up at our meeting at a local restaurant one day on his lunch hour. I pulled up right infront at the pavilion and beeped at my Merc with my hand coded key. It beeped back obediently.
I strolled over and recognised Jack immediately. We shook hands and started to talk. It didn’t take long before the questions started. I will never forget the first question he asked me. You see we were close friends, apart from being his boss, I always felt the fellow had a good head on his shoulders and a bright outlook on things. We had spent social time together with our wives, but today was different. He had not heard of or seen me for over 12 months and his first words were “Martin! what happened to the ford?” (A broken down clunker I used to call transportation)
I didn’t hold back. I told my old friend everything. Every question he had, I answered with complete and forthright frankness. The more questions I answered, the more the questions came. His lunch hour turned into an afternoon off. The napkins on hour table were transformed into financial footnotes of formulas and milestone achieved.
I guess it boiled down to real estate. No-where else can one get such enormous leverage. Jack told me he had no spare money to get into real estate because of the high entry costs, but then, when I began, I had no money at all either. Its the system that matters and not the individuals current seed capital account I told him.
Building wealth one house at a time
Real estate was the investment vehicle I chose to build my fortune with. It certainly was a personal choice and not what this system relies on. It is however the most recommended way to go. Jack took what I told him and eventually got into real estate, however, he enjoyed utilizing precious stones and also sea going vessels like yachts and power cruisers.
I found the capital gains that you get in real estate were the most advantageous. The biggest advantage of real estate is that it is possible to make your first million without ever paying a single cent in tax. Of course its legal and the governement allows you to take capital gains on homes that you live in as your own. I found this approach was for me. I enjoyed working on these properties in my own pace and the things I wasn’t qualified to do I simply contracted out.
The biggest step I made was leaving a job. That was hard but when you begin to see things happening there is no real choice. You have to follow your gut. You need the time to work on your first million and thats what I did. I committed to it by planning it thoroughly and then I set sail, as they say.
I compounded my earnings one house at a time. No complicated taxation issues to worry about because there was no tax obligations. This system is the best I ever came across and obviously was something that made sense to me. I made my million fast and furious because I simply had the vision to keep going.