MARCH 26 BEING A MILLIONAIRE “It is no use to wait for your ship to come in unless you have sent one out.” —Belgian proverb Amazing as it may seem, there are over a million millionaires in the United States today. The wide-eyed dream of children, and the more serious dream of college graduates, is to be a member of that elite club—even if a million dollars isn’t what it used to be. Surveys and opinion polls of young Americans today show that becoming well off is often a major life goal. Even with its high-sounding mystique, millionaire status no longer requires that a person be a corporate magnate or a Hollywood idol. Today’s millionaires own the local dry-cleaning establishment or make automobile antennas in a small factory. According to studies, most millionaires made their money “the old-fashioned way”—they lived below their income and saved the rest of their money. According to professor Thomas Stanley of Georgia State University, 80 percent of all millionaires today are self-made. The average millionaire works about twelve hours a day and runs an ordinary business but usually gives it a new twist. Dave Drum took advantage of the camping craze and began Kampgrounds of America. Valerie Freeman, a former teacher of business administration, founded the Wordtemps temporary personnel service. Jimmy Verttos, the son of a Greek immigrant, rented a fruit stand that he eventually parlayed into a large food store. These people took ordinary ideas, worked hard at making them successful, and turned their hard work into hard-earned dollars. CONSIDER THIS: Prosperity is still usually based on how hard and how long you are willing to work. Submitted by Jay
Posted on: Wed, 26 Mar 2014 11:25:58 +0000
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