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Monday, November 29, 2010

FINANCIAL PRINCIPLES OF THE MILLIONAIRES

The idea of becoming a millionaire seems very enticing to all but only those who understand and consistently practice the financial principles of the millionaire can actually become a millionaire. Millionaires have principles; I mean real practical principles which they consistently and persistently practice. That is why they are called millionaires. Their persistent and consistent practice of financial principles has created a huge financial empire to authenticate the soundness of their principles. These principles are the small input that creates the big difference between the rich and the poor.

Through personal observation, study and research I have been able to discover some practical financial principles of the millionaires. It is my commitment to share it with you, and by following them with absolute faith, commitment, persistence and consistency you too can become a millionaire some day. 
The principles are as follows:

  1. The millionaire buy, appreciate and protect assets.
  2. The millionaire employ the power of compounding.
  3. The millionaire creates and control leveraged financial systems.
  4. The millionaire engage the power of leveraging.
  5. The millionaire buy low and sell high
  6. The millionaire maximize profit
  7.  The millionaire move in higher velocity
  8. The millionaire employ top class business strategies
  9. The millionaire understand and maximize the law of demand and supply
  10. The millionaire creates channels for passive income
  11. The millionaire employ smart and creative thinking
  12.  The millionaire embrace opportunity and take risk
  13. The millionaire use other peoples money
  14. The millionaire employ the power of effective negotiation
  15. The millionaire apply the power of aggressive marketing
  16. The millionaire concentrate their efforts on business that brings the highest return
  17. The millionaire uses the mastermind principle.
  18. The millionaire hires those with bigger vision
  19. The millionaire surround themselves with good accountants.
  20. 20. The millionaire use other peoples effort and take the credit

To make you a millionaire is not a task which you cannot undertake and successfully execute. All you need is the understanding of the financial principles of the millionaires coupled with your determination to persistently and consistently apply it until you too become a millionaire. Those in the world record of millionaires do not have ten heads, they are not created superior than yourself; the only difference is that they know and apply what you do not know.

Do you want to be a millionaire? If your answer is on the affirmative, then begin to take what you are reading seriously. It holds the key to becoming a millionaire. You are not going to sing your way into millions; you have to discover your areas of talents and persistently hone and drive it to success following the principles outlined above. 

Take your time to follow the links to know more about the highlighted principles. You can print it out so that you can read it on your spare time. Practice everything you read in this article and your financial life will be greatly improve, and very soon you will be counted among the millionaires. Your access to wealth is the working understanding of the financial principles of the millionaire. Without it no man can firmly plant his feet in the place of making sustainable millions. 

If this article has been of great help to you, feel free to add your comment in the space provided below. Tell your friends about the site. You can also twit and blog about it. 





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4. Reasons why most People do not Get Rich
5. How to become a Millionaire in 30 days
6. Gaining financial freedom through joining the right company
 


You are the next millionaire the world is waiting to celebrate!

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