09 June, 2009

The Millionaires' Race to 2010- A Starting Point.

The Millionaires’ Race to 2010 – A Starting Point.

Last week I told you why you want to be a part of this economic revolution. Now I’m going to give you a starting point to get ready to participate in it.

This whole effort is to build virtually indestructible legs of economic prosperity in our two countries, and to provide personal economic security through initiatives designed to teach us all how to build wealth responsibly while building new jobs and prosperity for our communities too.

Clearly we can’t just wait for governments to make the world a more prosperous place for us. It isn’t going to happen that way. Our neighbours and families are hurting, divorces are at highs we’ve not ever contemplated before, our employers are on shaky ground, consumer spending is down, consumer savings are only starting to make a moderate comeback, but the average household has a long way to go to be safe in the event of an economic disaster. We don’t need to let this happen, and we sure don’t need to let it continue.

That’s the motivation behind the Millionaires’ Race to 2010.

Now we’re getting into the details of how to make this happen. We’re going to have people from all walks of life and all kinds of interests. What subjects and approaches interest one person, will be of zero interest to someone else, so to make this successful, concentrating on only one kind of business or methodology as a means for generating a million dollars in a year is dumb. What’s going to happen instead is that I’ll put a bunch of ideas out there, but I’ll also give regular advice, inspirational stories, and most importantly I’m going to use my competitive intelligence background and expertise to show you how to find and generate opportunities in the kinds of things *you* most get a kick out of or are best at.

I’ll share those management insights I have about what makes a great company or a great manager, and I’ll share stories of where those techniques have worked for others. I’ll also point out some of the worst pitfalls to avoid and where you can find resources to help you figure out how to advance your own projects.

And here’s your first installment…

A million dollars is an amount of money. I could have picked an amount of $10, 1 billion dollars, or anything in between. But no matter how much or how little money we’re talking about, the money itself doesn’t define how it gets made or spent.

For those of you who don’t want the stress and strain of building a traditional business, you don’t have to. I can show you how to take knowledge you already possess and turn it into massive income. Or you can take your talent at crafts and art and, placed in the right environment, and on the right products, you can achieve successes you’ve never imagined. I can list dozens of things here, but that’s the littlest part of the equation. *What* you do matters, but not nearly as much as how and when and where. But very clearly, building a traditional business is *not* necessary.

For those of you who thrive on the idea of building your own businesses, boy will you be in for a treat. The opportunities you’ll see will make the difference between going to one of the shows on buying your own franchise and having the success of your life doing something you want to do instead.

Start setting aside some ‘what’ ideas if you’d like – it’s usually what gets us all inspired in the first place. At the end of the day, though, be ready to see opportunities as they arise. And I assure you, if you’re reading this blog, you’ll see a number of them.

And that’s your first secret to making bucket-loads of money – it isn’t only about having a great idea, it’s about acting on an opportunity in a timely manner. INC Magazine, for instance, profiled Paul Graham as their idea of a start-up guru because he’s started more than 145 companies, each targeting solutions to opportunities that the new company addresses.

What opportunities do you see today? And what opportunities will I show you in the coming tomorrows?

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