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Thread: The Untold Truth Behing the "Make Millions" Article...

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    Chillaxin
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    Default The Untold Truth Behing the "Make Millions" Article...

    Yahoo recently syndicated an article about several young entrepreneurs who made small fortunes ...

    Article here:
    how-to-make-1-million-before-you-graduate: Personal Finance News from Yahoo! Finance

    However for me, the real story was WHAT WAS NOT IN THE ARTICLE.

    How to Make Millions Before Your Graduation, The Untold Truth Behind the Article | Fastlane Entrepreneurs
    The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
    "The best book on creating wealth I've ever read -- it makes Think and Grow Rich seem amateur "
    "The most succinct, passionate book on wealth creation I've come across yet, and I've come across a lot!"
    Free Download ~ Get the Book ~ Learn More ~ Facebook ~ Twitter ~ HelpMyDecision.com

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    CEBenz (Apr 21st, 2011)

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    (10) Toyota taichijedi's Avatar
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    Default

    It goes a little further than that. Some of the methods on that list are applicable, to a point, and may be viable means in diversifying one's approach to wealth. Above all it seemed to boil down to 2 key components: invention and execution.

    Everyone in that article was able to create a solution to fill a niche or a need they had seen which was unfulfilled. This is an admirable accomplishment, but it is only 10% of the battle. Lots of people have lots of ideas. If ideas were th key to wealth, we'd all be wealthy. The mind is a powerful tool, but it can only be used to lay a foundation for wealth, it is how that foundation is built upon that will result in success.

    This lead to execution, which is the meat of the issue, and makes the young people discussed even more impressive. They figured out how to execute on an idea before most people even know what they want to do for their career. Execution is the key; with no execution, that idea just evaporates back into the ethereal mist from whence it came. These guys invented, executed, and have reaped the rewards!
    "Brick walls are there to show you how bad you want something." --Randy Pausch

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    dexta (Jul 15th, 2011), Paul Gallo (Mar 25th, 2011)

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    (13) Pontiac Paul Gallo's Avatar
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    wow.....
    its so true, execution is the key that helps unlock wealth.
    as its said... ready ... fire... aim...

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    (7) Lexus CEBenz's Avatar
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    Default

    MJ, thanks for commenting on that. I had a similar thought when I read it, but I felt that story really lacked a lot.

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