2 Ways To Become A Millionaire

So here’s the thing… we all want to become millionaires, right? Yes, for the most part. But most of us haven’t reached this goal yet or we believe (our inside voices) that we probably can’t or won’t. Well, think positive. There are two ways that you can put yourself on the path to becoming a millionaire, but you have to work hard and you have to remain steadfast.

First, write down 3-5 of the best people in the world who do what you do. Yes, there are others… if there wasn’t, you’d already be a millionaire. So, write down the names and then write down one step you know each person took to get to where they are at. Now, you have a road map and you just have to develop your very own plan that can mirror it.

Second, show up. I know people who want to strike it rich. They create a product or service, they launch it, they walk away and head to their latest and greatest idea. Well, where is the investment? It takes more than money to make something work for you. You have to invest time and effort and energy and love and so forth. Anyone can invest in creating a product or service, but not everyone is willing to show up to promote it and sell it and really go to bat for it. Create a routine and move your life forward by showing up for what it is that you work on. Think about it in book terms. If you hire a ghostwriter to create a book for you, it’s done. There is no love. You can sell it but are you really showing up for it? Now, let’s say you work on the book yourself for a year. You believe in it. You’ve loved it. You’ve hated it. You are more likely to really believe in it and pitch it and see it through to your earned success.

If you take my advice, and I hope you will, these two steps will put you on the right path to becoming a millionaire.

Twyla N. Garrett

Networking and Building Relationships 102!

It is becoming more and more acceptable to network online, not in person. If you are starting from ground zero as a business person, finding emails to pitch and network to can be hard. So, the next move for people in this position is to network online and gain email contacts to develop real business relationships.

In order to do this is to start with Twitter first. You can find connections based on industry. For example, start conversations with a simple search on Twitter. If you are in auto sales, search “Auto Sales New York” and then follow all the people that come up. Next, start real conversations with the people returned in your results. Once you have their email address, set up a list that says “Twitter Auto Sales New York” and send eCards out on major holidays. These small steps make a big difference when it comes to online marketing.

Next, start a networking group on your Facebook page. This is a separate FB meant to generate new industry contacts, not sales. Why do this? Let’s say your workload is in overdrive and you can’t handle another client- well, you post the opportunity and contact in your group and say you are going to refer this person out in exchange for a list share. Then you gain something and your peers can bid for a lead based on your referral.

I hope these suggestions spark a boom in your online networking and relationships efforts. Don’t expect results overnight and don’t buy likes. You need to focus on making the connections and then keeping the connections and these two efforts take take.

Until tomorrow,

Twyla Garrett

The Top 5 Worst Places to Own A Business.

Owning a business is challenging enough. But, if you own a business in one of these states- consider yourself at more of a disadvantage.

#1- Hawaii. This is one state that over-regulates and over-taxes all types of businesses. It is hard to make and keep a profit here.

#2-Oregon. The state is great when it comes to tax advantages. However, there is a huge disadvantage in pricing when it comes to healthcare for employees, which makes it harder to find and keep good employees.

#3- Pennsylvania. This state has excessive regulations and penalizes business owners who make a profit. A business owner will have to double his or her profit margin just to get by in this state.

#4- Massachusetts. The Family Leave law in this state isn't kind to business owners but great for employees.

#5- Michigan. One CEO went on record to state, " Michigan has ridiculous amount of red tape to start a business. Getting licensed as a builder. process, training, testing is so rigorous and time consuming its ridiculous. Plus the penalties for not following the rules are stricter than drug dealer conviction." In my research, I've also come across poor attitudes to entrepreneurs looking at Michigan.

The truth is a great idea will succeed no matter where the business exists. However, how much of the profit you get to keep (or even grow as a company) will depend on what state you operate that business in.

Let's talk. Follow me on Twitter!

Twyla