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First Step to Making Your Fortune

December 21, 2012 by  
Filed under blog

Last week I promised that I would show you an almost fool proof path to your own financial fortune.  I said that I would lay out a step by step formula that you could follow, so that’s what I am going to do now.

First a few comments about timing as it is very important that you understand how your timing can impact your success. In Malcolm Gladwell’s book Outliers he talks about research done on young hockey players and how the timing of their birth dates made all the difference as to who went on to play at a professional level. This might sound a bit odd but if you read the book you’ll see why their birth dates were so important to their success. The timing issue is about being at the right place at the right time but it’s not just about luck. Right now the timing for someone who wants to make a fortune in the USA is near perfect but it won’t matter one bit if you don’t take advantage of it.

So let’s talk about step number 1, that first step you need to take on your way to building a fortune.

Step 1: Work on accumulating some beginning capital.

Okay, you may rightfully be thinking “Easier said than done!” But it’s not about easy; it’s about what is possible. Just about anyone can do this and there is more than one way to get the job done.

The slow but sure way is to consistently set aside at least 10% of your income. 20% is even better if you can do it. That’s the way I started and yes it took years before I had enough capital to begin to get started on amassing my fortune. However, if you want to jump start you growth of capital there is a way to dramatically speed up the process. It’s called “Partners Capital”.

In my book How to Wake Up the Financial Genius Inside You I tell the story of a guy that now has over a half a billion dollars of income producing property and he did it quickly because he did it primarily with “Partners Capital”. When he was in college he came across my book, followed the formulas I had outlined in it but also added the “Partners Capital” thing to the mix. With this combination he passed my success level by a huge margin, which of course makes me very proud.

If you choose to go the “partner” path there is a way to do it that can bring in not just one or two partners but multiple partners to join you. This is really is part of step number two which we will get to next week. But as part of your first step, I suggest you read my updated book now called  The Next Step to Waking up the Financial Genius Inside You. I very much want you to succeed so I am giving the first 50 people who email me a free copy of the book. Just cover the $5 cost of shipping to show you are serious about amassing your fortune and I’ll get the book right out to you. Email me at freebook@reincome.com  to get started.

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