Who wants to be a Millionaire?

Who wants to be a Millionaire? I know there are a lot of people out there who would love to become a millionaire. I would like to count myself as one of those people too. The tough question is how much do you want to be a millionaire? Are you one of those who sits on a chair or couch watching the TV show "Who wants to be a Millionaire?" and wish you were one of those contestants? Did you do anything to even try to be on that game show? Has anyone looked at the chances contestants have to get on the show, let alone win a million dollars?

In actuality there are a lot more millionaires among us than you would think. Many people believe that millionaires were either born into the money or just plain lucky. In actuality, that is not the case. Millionaires are made more than they are born into money. A lot of how a millionaire is made is in how they think, versus how the middle-class people think. Millionaires think in the long-term. They are looking 5 and 10 and 15 years into the future. Middle class people tend to worry more about what is going to happen tomorrow or next month. Short-term thinking will not allow you to take some necessary risks.

Millionaires are willing to take risks. They may lose everything several times, but they never quit. The middle class will play it safe with their money rather than commit to losing anything today. Every success story came with some risk involved. The key is to make calculated decisions and take calculated risks. Do not enter into opportunities randomly, you need to research and do your homework. You need to continually learn and grow in your knowledge. If you stop learning, you will become stagnated and you will not learn any additional techniques or opportunities that my turn you into the next millionaire.

The only way you are going to head on the road to becoming a millionaire is to begin to take calculated risks. Life is about risks. Opportunities are always risky, the key is to be sure you understand the opportunity before you get involved with it. I am not suggesting you jump into any opportunity that comes your way. You need to become educated on that opportunity, otherwise you are really doing nothing more than throwing money at a chance, just like at a slot machine. There is risk putting money into the slot machines, yet people do it every day, with loads of money. If they are willing to take that kind of risk, why wouldn't they want to do a little research and put their money on a better return on that risk? That question has always hounded me. Why put money into a machine that you really know nothing about except the odds of you winning back some money? Why not put that same money into something that has a higher chance of returning more money to you? Perhaps it is because people are lazy, and don't want to research. Me, I don't like gambling, not for ethical reasons, but because I see the return on investment to be minuscule. I would rather take my chances with a business opportunity that may fail, but then again, it may be a great opportunity.

I would never know if the opportunity is good if I didn't look into it and research. The Internet is a great venue to research almost anything. If you get into an opportunity and get burned because you didn't do you homework, shame on you. Taking risks does not mean just taking a shot in the dark, but rather taking a calculated chance that you will succeed. People put money in certain slot machines because they may have seen someone winning consistently with that particular machine. At least those people did a little homework on the machines.

The key here is to overcome your fear of taking risks by obtaining knowledge about the opportunity you are looking into. While you are exploring possibilities, be sure you know what the worst thing that can happen would be. If you are willing to accept the worst possible outcome, (and you can anticipate the best or a reasonable outcome), then this may be an opportunity that will work for you. You never know if you don't try. Just be sure you are comfortable with the knowledge that you may fall flat on your face. I bet you didn't get on a bicycle and ride it successfully the first time around. Just like in business, it takes practice.

So, keep researching, ask questions, test the waters, but once you have the knowledge, don't be afraid to take risks. Then others will ask you how you became a millionaire.

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Until tomorrow...