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    Millionaire Secrets



    One of the best shows on entrepreneurship these days is The Big Idea with Donny Deutsch.  The program is full of great insights into what it takes to start and grow a successful business.  Deutsch brings to the show a select group of successful entrepreneurs who are living the entrepreneurial life that many people dream of.

    One of the greatest things about the show is that you get to learn straight from the people that are doing it.  Beginning entrepreneurs get to ask more the established and successful entrepreneurs how they would deal with a variety of common situations that people trying to build or grow a business are interested in learning about.

    This week on the show Deutsch invited Marci Shimoff, co-founder of the Esteem Group, and co-author of six of the Chicken Soup for the Soul series which has sold more than 13 million copies.  Shimoff is a motivational speaker who has consulted for many Fortune 500 companies and has recently published the book Happy for a Reason.

    Shimoff shared with the audience the secret of millionaires.  Here is what she had to say:

    1) Dare to Be Happy

    Most people think that success is going to make us happy, but according to Shimoff, it is the other way around:  Happiness attracts success!  Her advice is to go for happiness first, and success will follow.  “Studies have shown that people that are happier live longer, are healthier, they are more successful, and they make more money.  They make a million dollars more in their lifetime”, she says.  The idea is that people are drawn to others that are happier, and this attracts more customers and more opportunities.

    2) Don’t Believe Everything You Think

    “We have 60,000 thoughts a day.  For the average person 80% of them are negative.  Just because you have a thought it doesn’t mean that it is true”, said Shimoff.  She then went on to do an experiment with Deutsch – the muscle test.  She had him extend his arm and pushed it down asking him to resist.  In the first attempt his arm did not go down by much.  Then she asked him to repeat out loud 3 times “I can’t succeed”.  After he said that 3 times, she did the experiment again and he showed almost no resistance to her pushing his arm down.  Then she told him to say out loud 3 times “I can succeed!”  She did the test again and this time he held up his arm strongly.  Deutsch said he wasn’t kidding.  “It is amazing”, he said.

    Shimoff’s explanation of this phenomenon is that you body releases chemicals that impact your physiology based on your thoughts.  According to her, successful people don’t believe anything negative that they think.

    3) Use the Power Formula:  Intention / Attention / No Tension

    Shimoff said that whether you knew it or not, everything any of us have ever created were based on these 3 things.  Intention is about being clear on what you want. Attention is listening to you thoughts, your words, your feelings and your actions.  “Where you attention goes, your energy flows”, she explains.  And finally no tension is about relaxing and letting go.  “When we are at ease, things come to us…Big ideas come to us when we are relaxed.  Einstein said his biggest ideas came to him when he was out for a walk or relaxing.  This is why you have your big idea when you are in the shower”, she said.

    Relaxing may not come automatically, but people that are successful have made it a habit to relax and they have found ways to build relaxation into their routine.

    4) Let Your Passion Lead—Have The Guts to Go With Your Gut

    This is all about doing what you love and not living a life of misery doing something you don’t like.  It’s been said many times before that you have to be passionate about what you do in order to be successful.  If you truly love what you do you are more likely to persist and that is one of the keys to success.  Follow your passion and your gut!

    5) Don’t Catch the ‘NO’ Cold

    The final secret of millionaires is what is called emotional contagion.  It is about staying away from negative people, the ones that say that you can’t do it.  Instead, spend time with people that are living courageously and who are following their dreams.  Most importantly, the people you surround yourself with should be fully supportive of what you are trying to achieve.

    There you have it!  These are the millionaire secrets according to Marci Shimoff.

    Download a Free Copy of The Million Dollar Interview with Self-Made Millionaire Adam Khoo

     







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  • Comments

    Comment written by Bob Ritchie
    Date and Time: 2008-01-25, 9.35 am

    Great tips!

    Comment written by Alex Liu
    Date and Time: 2008-01-27, 6.07 am

    wow! These 5 secrets are awesome and great. I realized I have been practice some and missed out some.

    Thanks for the great information.

    Alex Liu
    How To Become A Millionaire
    http://secretsofunlimitedwealth.com

    Comment written by Mark @ TheLocoMono
    Date and Time: 2008-01-28, 2.33 pm

    That’s true on don’t believe everything you think and the NO. Just because everyone else says No and you think it doesn’t mean you should believe it.

    If anything, proving yourself wrong is worth the lesson in gold.

    Thanks for posting to the 20s Something Finances Carnival at my site.

    Write a comment: