RealWealthTalk

A Guiding Light To Financial Freedom

Millionaire Talk

Posted by darelb on September 22, 2013

Read what a millionaire has to say about how you can become a millionaire.

Three Types of Income:

There are 3 types of income to become a millionaire.

You need to do something to make money, whether it consists of taking a series of small actions on a periodic basis, or a big one.  Even if that action is small, like just sending out emails-to market a product – that’s still considered as taking action.

If you accept that fact, then  it’s obvious that your are on the right track.

To create wealth and become a millionaire, you need to have a vehicle or platform.  I like to call it “Opportunity” because a proven money making platform represents the kind of platform one should be seeking, as wealth-creating opportunities are sought.

Obviously, there are plenty of opportunities to choose from today, and it become “confusing” when you do not know your purpose.

Different opportunities will give you different types of income possibilities.  So let’s look at three types of income:

Income Today:

This is the income that you’ll need today and within the next 30 days.  Basically, this is your life-line – you need money right now to not only to enjoy your lifestyle, but as a fund for your journey to financial freedom.

You have to understand that there’s no liberty in living frugal – you need to use your income today to give you the pleasures of what you can afford.  You need to continuously reward yourself for taking actions to become successful.

Income Tomorrow:

While making money for income today, you would also be planning for income tomorrow. Income tomorrow is defined as income that you’ll have within months and can be extended to a year or so.

It creates a short-term passive income.  For instance, you own a internet on-line membership where people are paying you a monthly fee.

Millionaire Income:

Then there is millionaire income.  This is where you can be truly free.  You can choose when to work or not to work any more.  The biggest mistake that average people make (which keeps them from millionaire status) is simply not choosing the right opportunity (platform) that can lead to this stage.

Bare in mind that Opportunity can change at any time.  Just think of it as being the vehicle to get you from one place to another place; your trying to get from your current level of income to a higher financial level.

That being said, your focus should be on choosing the most suitable vehicle/platform that will take you to your destination of choice.  This is critical!

In my years of making money and creating wealth, I’ve used at least 3 major Opportunities.  So it is all about choosing the right vehicle, and staying focused on it.  If you choose the right platform/vehicle, then you will achieve wealth.  So take great care in selecting the right vehicle.  Take the necessary action required to select the right “vehicle”, and then be persistent in “driving” that vehicle to where you want to go…stay focused, be persistent, and you will reach your goal.

P.S.  This article is written by Patric Chan.  Find out how you too can become a Wake Up Millionaire!

So that’s it folks; Chan shows you how to become a millionaire by choosing a platform or vehicle that will help you earn three different types of income on your journey to wealth and financial freedom.

 

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