|Richard Paul Evans is a #1 New York Times bestselling author and the founder of the 5 Lessons Institute. (5Lessons.com) His two financial books are: The Five Lessons a Millionaire Taught Me about Life and Wealth. And, for Women, The Five Lessons a Millionaire Taught Me for Women. |
Yesterday I dared to struggle. Today I dare to win.
Of all the Five Lessons, Winning in the Margins, has the most to do with the speed of my own financial success. What does it mean to win in the margins? Simply this:
The wealthy FIND ADDITIONAL WAYS TO ADD TO THEIR GROWING NEST EGG
J. Paul Getty, once named the richest man in the world by Fortune magazine, called this “the Millionaire Mentality”:
“The Millionaire Mentality watches costs and tries to reduce them—and strives to increase production and sales and thus profits.”
Back in those days Getty didn’t write his book for us ‘little people’. He wrote his book for other business magnates. Lucky for us, we get a glimpse inside a billionaire’s mind and can learn some of his tricks.
There are essentially two ways to win in the margins. The first is by earning extra income. The second is by keeping more of what you earn. I recommend that you do both.
Winning in the Margins with Extra Income
I once had a friend who had the peculiar habit of looking for money. He would actually walk or ride his bike while looking down. As odd as his behavior was, the most surprising result of his habit was that nearly every day he would find something. We would be walking along when suddenly