Why some entrepreneurs are millionaries

[mrClen]

How to be rich?

Many people want to be rich and on their way to financial freedom. According to reports there is increase number of millionaires worldwide and they are getting younger and younger. Why they able to make themselves so rich when they are so young or maybe even still schooling.

It is because millionaires do not PROCRASTINATE. They take ACTION. They know what they want in life. They WORK HARD towards achieving their goal of financial freedom. They know what is called DELAY GRATIFICATION. They would work hard now and enjoy the fruit of their labor later in life. To achieve DELAY GRATIFICATION, millionaires have DISIPLINE. They know what they should do and should not do. They do right things at the right time. They have a different mindset from other people. They are willing to venture out of their safety net and into the unknown.

Look around and compare some of them, the methods to wealthy they used are the same, just that the approach is different. Everyone can be millionaires just that whether it is a MUST to them. If it is a MUST, you will be rich.

The best part is that everyone can be rich if you know the right strategies. The strategies that the millionaires used themselves to become rich.

[artdrops]

Actually the average entrepreneur does not become wealty from their first venture. Usaully it's the 3rd, 4th, 5th or more until they hit gold, so to speak. The difference with entrepreneurs is that they are passionate about success and quitting is not an option.

[goodwood]

my first...being a retail shop, man I hope it doesnt fail. not expecting it to make me millions, but hope it never fails.lol.

retail! lol whoop.

also am into a clothing line.
real estate fliping.
sites.
dropships.

[cokeclassact]

i disagree. i think the paths to wealth are varied. i think one of the critical components though is the ability to learn from mistakes.

[bryanGENE]

and the mistakes of others

[more freedom]

Many reasons why people become millionaires.

[nado]

None of us on here know the secret to becoming a millionaire... yet.

However, I think persistence and leverage would be large factors.

i.e. don't give up, learn from your mistakes and keep going (but know when to quit a venture too).

And leverage the resources, time and efforts of others. It's pretty difficult to become a millionaire all by yourself. You need employees, you need contacts, you need partnerships.

cheers
nathan