Dear All.

we can learn something from how people became millionares in America. i hope you all will find this writing of Brian Tracy interesting.

Who Are the Millionaires?

 By: Brian Tracy
 
 The way you think about money will determine how
 much of it you accumulate more than any other
 factor. Your attitude toward money affects your
emotions and your motivations.

 The Five Ways To Become A Millionaire

 If you are really serious about becoming wealthy,
 you will want to know the five main ways that
 fortunes are made in this country. Number one, top
 of the list, top of the hit parade throughout the
 history of America, is self-owned businesses. It is
 entrepreneurship of all kinds, including in real
 estate. 74% of self-made millionaires in America,
 not only in this generation and in this century, but
 in the last century as well, come from self owned
 businesses.
 
 How Wealthy People Start Out
 

The great majority of wealthy people started
 businesses and built them from the ground up. In the
 19th century, fortunes were built by people like
 Andrew Carnegie, Jacob van Astor, Thomas Edison,
 Commodore Vanderbilt, J. P. Morgan and others. In
 the 20th century, especially in the last few years,
 businesses and fortunes alike have been built by
 people like Bill Gates, Steve Case, Larry Ellison,
 Ross Perot and Sam Walton. Each of these people
 started with nothing and built a business from
 scratch.

 The second major source of self-made millionaires in
 America is senior executives. Ten percent of the
 self-made millionaires in America are men and women
 who have joined large corporations and worked with
 those corporations for many years. They rose to
 positions of seniority, were paid extremely well,
 given stock options, profit sharing and bonuses, and
 as a result of holding onto the money, they became
 millionaires.
 
 Success Pays Big Rewards

 Richard Eisner of Disney Corporation received a $126
 million dollar bonus in a single year. Lee Iacoca of
 Chrysler Corporation was paid $26.7 million dollars
 as a bonus in a single year. It's not hard to become
 a self-made millionaire when you are making that
 kind of money.
 
 The Professional Road To Wealth

 The third source of self-made millionaires in
 America is doctors, lawyers and other professionals.
 Men and women who become very, very good at what
 they do and rise to the top of their professions are
 eventually paid, very, very well. The top five
 percent in every field earn 10 and 20 times as much
 as the average person in that field.
  Sell Your Way To The Top

 The fourth major source of self-made millionaires in
 America is salespeople and sales consultants. Fully
 five percent of self-made millionaires are men and
 women who are the top salespeople in their fields.
 They never started their own businesses. They never
 went to college or university to get professional
 degrees. They just became very good salespeople for
 their products or services and were paid very good
 money. The secret was that they then invested the
 money conservatively and held on to it. 99% of
 self-made millionaires come from these four
 categories: self-owned businesses - 74%; senior
 executive positions - 10%: doctors, lawyers and
 other professionals - 10%; and salespeople and sales
 consultants - 5%.
 
 Other Ways To Get Rich
 

The final one percent of self-made millionaires is
 made up of all the people in all other areas. This
 one percent consists of people who have made their
 money by inventions, in show business, in sports,
 through authorship of books and songs, lottery
 winners and inheritances. But these people make up
 only one percent of the total. 
 

The bottom line is that there are so many ways for
 you to become a self-made millionaire that it is
 almost impossible for you not to achieve this goal
 if you are really serious about it.
 
 Action Exercises

 Here are two things you can do to put this
 information into action as soon as possible:
 First, decide what it is that you really enjoy
 doing and then throw your whole heart into doing it
 extremely well. There is a direct relationship
 between excellent performance and the kind of high
 income that leads to financial independence.
 Second, be perfectly honest with yourself on an
 ongoing basis. Is what you are doing right now going
 to lead you to financial independence, or do you
 have to begin making some serious changes in your
 work and in your life? Whatever your answer, take
 action on it immediately.