Comments on: 19 Things Future Multimillionaires Do…

By: J. Money

J. Money — Fri, 07 Feb 2020 19:14:57 +0000

In reply to Julie.

Hell yes on that last one!! I ask that all the time when at antique stores or yard sales :)

Very true about *action* too… All the reading and thinking and strategizing is nice, but if you never do anything about it it doesn’t matter.

By: Julie

Julie — Fri, 07 Feb 2020 18:00:08 +0000

Here are a couple of thoughts:
1) Networking up and down. Talking to people who can help you. Talking to people you can help. = Talking and engaging with everyone.
2) Strategic Planning: I found there are two steps to “getting what you want” or “accomplishing a goal.” First step is crucial: THINKING & PLANNING (how to reach goal). Second step is: DOING. The “doing” is actually easier than the “Thinking and Planning” which takes much more deliberate effort. Therefore, “Strategic Planning.”

*Doing Something Is Better Than Doing Nothing.*
*If you want results, you must take action.*
*Everything is negotiable. Always ask: “Is there any way I can get a better price on this?”*

By: J. Money

J. Money — Mon, 03 Feb 2020 11:27:35 +0000

In reply to ED.

Haha…. that was my friend Brent who wrote that one up :)

Super smart and talented guy!

https://eliteedgemoney.com/how-i-ran-business-out-of-shoebox-made-10000/

By: ED

ED — Sat, 01 Feb 2020 02:06:30 +0000

After Reading the Sim Card Mogul I would definitely say you’ve got selling mastered

By: J. Money

J. Money — Wed, 29 Jan 2020 19:11:27 +0000

In reply to JoeHx.

Here’s what the original author says about “thinking strategically”:

“This is really just a fancy way of saying that wealthy people have usually learned to decide what their goals are, then work backward to figure out what they have to do each year, each week—and even each day—to make it happen. Then they track their progress.”

By: J. Money

J. Money — Wed, 29 Jan 2020 19:09:51 +0000

In reply to Dora. yayy!! so do you plan on retiring a lot earlier now, or just wanted the *freedom* to?

By: JoeHx

JoeHx — Wed, 29 Jan 2020 18:16:00 +0000

I tried #1 (They develop multiple income sources) multiple times in my 20’s, but I was never successful. Even lost money a few times. I’m in my 30s now, and do have more than one income source, although my day job is still my #1 money maker.

I don’t know how to tell if someone “thinks strategically” though. Maybe I did?

By: Dora

Dora — Wed, 29 Jan 2020 17:55:03 +0000

While I always saved and lived below my means, I thought I would work forever. At age 50, I took a hard turn and reconsidered that mentality. I started investing regularly and intelligently for the past 5 years, and it has handsomely paid off. It’s never too late to change money habits.

By: J. Money

J. Money — Mon, 27 Jan 2020 20:24:46 +0000

In reply to Revanche @ A Gai Shan Life.

Ahhhh yeah, probably the “giving back” part there… Very smart – and nice – thing to do :)

By: Revanche @ A Gai Shan Life

Revanche @ A Gai Shan Life — Mon, 27 Jan 2020 19:22:00 +0000

#4 both ways: Maybe they mean using the network for themselves and also working it by connecting people within your network? I try to be a connector of people in my network more than I use it myself. Then if I have to use it, I’m usually happily surprised when I ask for help. Or maybe they mean giving back to the network as much as you get. Either way!