' Millionaire Booklet ' by Grand Cardone Book Summary via Anchor Kunal Vastani - 9819599420
- Anchor Kunal Vastani
- Jun 29, 2020
- 3 min read
Secret from Book #Millionaire #Booklet by Grant Cardone
1) #Millionaire #Decision :
It's Say " It's hard to hit the Target if you are not able to see that target " so first decide how much Money exactly you want to become super rich and Multi-Millionaire. Belief - Behaviour - Result
2) #Millionaire #Math :
Author says Seeing is believing. To make One Million,
If you Earn $50K/Year, then it will take 20 years
If you Earn $100K/ Year, then it will take 10 years
If you earn $250K / year , Then it will take 4 years
If you earn $500K / year then it will take 2 Years
If you are entrepreneur and you have product / Services (Offline / Online) to sell.
To earn One Million, you must sell below number of products.
If $100 is per unit cost, then You must sell 10K Units.
If $500 is per unit cost, then you must sell 2K units
If $10,000 is per Unit Cost, then you must sell only 100 Units.
So, Goal here is to find out what products / services you are selling by gathering the number of people so that to you earn One Million dollar.
Strong Foundation of getting rich is Not Only Saving and Investing but Focus on Continues Increasing your income. Author says be careful when you start other Venture's. Your primary focus and first goal are to maximize the current source of income. If New Venture's distract you from original source of income, then you might land up Losing your first income and back to One Square. So, author says to enhance your existing Job skill set so that you can Increase your existing income Month By month and year after year.
From Above step, once you figure out a) What Product / services you are selling
b) What will be the cost per Product/ Service? c) How many people you will needed to make you Millionaire?
Now Time to identify your potential client / customer who got your money.
It's Human Tendency like when Earning grows, our expenses also grows and we start spending Money On extra Luxurious Items like expensive Homes, Cars, Phones etc.
Author Says, this won't make you Wealthy and take you to starting point if you increase your expenses with your Increased earning. Author says Stay broke that's means Invest your extra earned money so that you don't have money and you work like you are already broke.
It's says " It's not about How much you MAKE but How much You KEEP "
This Philosophy will help you to work more and become more productive to earn more money.
Here author says, Save Money Not to save But to invest so that can produce more child's which get further invested to produce more child. This will help you to become wealthy.
Without losing the primary source of income Growth, learn to create multiple source of income. Purpose of Investing is to create Multiple source of income. Author says, creating multiple source of income will help to become financially independent.
8) #Repeat, #Reinforce and #Hyper #focus :
Once you got the secret recipe to increase you earning Then With hyper focus Repeat this above 7 step process to become Multi-Millionaire.
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CheeRs4LIFE,
Anchor Kunal Vastani
+91 - 9819599420

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