Who Wants To Be A Millionaire? Part 4

The fourth major source of self-made Millionaires in America are sales people and sales consultants. Five percent of self-made Millionaires are sales people at the top of their field.

They never started their own businesses, they never went to college to get a professional degree, they just became good sales people. They learned how to sell their products or services and they were paid very well for their efforts. They held onto their money, they invested it.

So, those four groups account for 99% of all self-made Millionaires in America. The remaining 1% comprise the fifth category, which is everything else (e.g. lottery winners, legal settlements, professional sports players, rock stars, celebrities, etc.).

My goal was to find a job where I could eventually make six figures, and in a lot of sales jobs, you really can't. So when I started looking, the first thing I wanted to know was - who's the top person in this office and how much are they making? If their best employee was making $38,000 he wasn't going to be able to teach me how to make $500,000.

I found a good opportunity, went to work and had some success in sales, and then because they felt I had leadership ability they gave me a promotion and asked me to lead the team. When I just about thought I could handle that job, they did it to me again. With each promotion came additional incentives and well as increased salary.

But, what I know today is that the real key to becoming a Millionaire does not require you to make a big salary. The secret has always been to start setting some of your income aside to invest it. The more you can invest and the earlier you can invest it the greater your eventual return on that investment will be.

Therefore, anyone can become a Millionaire by applying that simple discipline. Today, I am more convinced than ever, that the path to "cash" Millionaire status is through Real Estate investment. If that is your goal, there are a hundred ways to get involved and get started.

But I can just about guarantee you that you won't succeed by trying to do it all by yourself. Attending seminars, gathering information and knowledge is a good idea. But getting involved with a group of like- minded investors will accelerate your success and reduce your risk of failure by letting your learn from the experiences of others.

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