Secrets of self-made millionaires

All self-made millionaires will tell you the same thing. Here are three of the moves you have to make so you can make your own fortune:

1. Set your sights on the prize. You must adapt intense concentration when you're working on your goal. You have to be determined to put in the long hours and do all the hard work to ensure your success. In this sense, you have to be passionate about what you're doing. When faced with setbacks, tell yourself, "No, this is your dream. Recommit and get to work."

2. See the possibilities in the money you have. Don't despair over starting small. All successful self-made tycoons start out that way. When extra money rolls in, it's easy to think, "Now, I can buy that new TV." But if you want to get rich, you need to pay yourself first, by putting money where it will work hard for you--whether that's in your retirement fund, a side business or investments like real estate.

3. Curb the urge to spend. Every self-made mogul will tell you that you must live below your means. Do not spend any single cent on things you don't need.

Remember that you don't have to be a genius to be a millionaire. (Although that wouldn't hurt.) Loral Langemeier, author of The Millionaire Maker, advises, "Everyone has a marketable skill. Just keep in mind that when you start making extra money, you have to invest in yourself first." This way, you would empower yourself with the insights to improve your skills or come up with more awesome innovations for your business or product."

Bottom line: The combination of financial savvy, hard work, and business smarts will take you very far. Perhaps, one day, you'll be right at the top of the list of self-made millionaires.

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The formula to becoming a millionaire (w/o selling your soul!)

Step 1: Stop loving money. Learn to cherish what is truly important and utterly irreplaceable, and the money will come to you.

Step 2: Realise money is just an idea. It is a mere idea in a boundless world of ideas and sometimes, it takes just one small idea to generate boundless wealth.

Step 3: Focus your desire. Call it what you will, but this is the power that gives you the strength and focus you need to create your extraordinary life.

Step 4: Imagine and feel the possibilities. Nothing can come into being without first being imagined.

Step 5: Believe at a bold new level. Learn to believe in a brave new way – and at a level so powerful and so compelling, that what you believe becomes reality.

Step 6: Exchange value on a large scale. Take your gift and share it with the world and the world, in return, will give you wealth, happiness and freedom.

Step 7: Take action. To make it real, you have to act, but if you've laid the groundwork, your action will feel effortless.

The result: Your windowless office becomes part of your past. Money is flowing into your life – more money than you've ever had before. You're providing value to the world and the world is giving you dazzling gifts in return. Life is good!

*excerpt from Secrets Of The Millionaire Inside

A rebellious Internet millionaire's 10 rules of success

At the recently-concluded Asian Internet Conference (AIC), I attended the brilliant presentation of Jo Han Mok, a renegade who became an Internet millionaire at 26 and below are his 10 rules of success:

1. It can be done!
2. Success is counter-intuitive.
3. Conventional wisdom is usually wrong.
4. Thoughts and actions have consequences.
5. Acknowledge that man in the mirror.
6. Forgive yourself, you are not your mistakes.
7. Nothing personal, it's only business.
8. Success is rarely achieved in a straight line!
9. I don't give a damn about what other people think, except those giving me money.
10. I am the centre of the Universe, it's ok to get my way.

To that, I'd like to add: Be Foolish and Bold! These 2 traits have brought me far and I believe that if I had been more rational and less upfront, I wouldn't be where I am today and my milestone-making new project (more on this later!) would not have materialised!

To find out more about this unconventional Internet millionaire, go to http://www.johanmok.net