Who Wants To Be A Millionaire? Part 2

The second major source of self-made Millionaires is Senior Executives. Fully 10% of self-made Millionaires in America are men and women who joined large corporations, worked in them for many years, worked hard and rose to the top with their seniority, stock options and profit-sharing.

Now, I do not believe that everyone is cut out to be self-employed. But everyone can use their time wisely. Everyone can become a better student of money, a better student of their job. I do believe that whatever we are going to do, we need to be successful at it.

Not everyone has the temperament to be self-employed - and if you're not going to be self-employed, and you know you're not, then you need to be the best employee you can. Do your job as if you DID own the business. Try to see your job from your employer's perspective.

And be faithful. That's something very difficult to do in America. The standards are so low. In my lifetime, I have watched the standard of the American worker deteriorate. I talk to self-employed people and small business owners all the time. They're happy if people just show up for work. Just showing up, is enough to put you ahead today in America.

People blow off work. They don't show up. They screw off when they get there. People are being promoted today that would have been fired 20 years ago.

It's not hard to succeed - because NOBODY'S TRYING. They think they are. They think they're owed a paycheck just because they rolled out of bed and made it to work.

Michael Eisner at Disney Corporation received a $126,000,000 bonus one year. Lee Iacocca was paid a $26,000,000 bonus in one year, and his company was failing. With bonuses like that, you can become a Millionaire and not own the Company. You can work for someone else with bonuses like that.

But to get there you have to become the chief problem solver for the Company and not be focused on how the Company can solve your problems.

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