Formula For Millionaires Blog

It may come as a surprise to know that even successful people go broke sometimes. Success is achieved when you are willing to take some risks to get what you want. Sometimes it works, many times it does not. I am a risk taker all the time. Many times I lose sometimes I win, that is why I end up being richer than most people, most of the time. But sometimes it also means I am poorer than most people for a little of the time.

So, when I found myself wondering how I would get out of my financial mess, wondering if I would actually go bankrupt, wondering if I would lose my house, I had to ask myself: can I do anything to save me from this calamity, or is it entirely up to God?

I decided it was entirely up to God, but that God put some power inside me to influence what happens.

I’ve spoke many times about how we are created in a way that we see the world around us through a filter. The filter is the beliefs held in our subconscious mind. If we can reprogram those beliefs then we can reprogram our life to see opportunities we could never see before.

I am not talking about reprogramming, our conscious beliefs. That is easy. I am talking about reprogramming something inside of us that we cannot see, cannot feel, and that we don’t even know what it believes except by observing what is happening to our life at any given moment.

So, when my finances were collapsing, I can conclude that my subconscious believes this is what I deserve at this very moment in time. So I have to reprogram it to believe differently, specifically that business can make me money, that my home can remain mine, that people all around me want to help me and that life is generally good and people are generous to each other because they bring me opportunities every day.

So how do we convince our subconscious mind of all that I just said? Especially when we cannot know for sure what it really believes.

You reprogram it by your actions. And specifically by taking action toward others to match what you want people to do for you. So if I want to save my house from foreclosure I should help another person save their house. Why does that work? Because, that action of mine speaks louder than my words, and teaches my subconscious mind that people will come to the rescue of others when in financial distress and homes will be saved.

So, how can I believing that make any difference in the real world? Because, when the subconscious believes something, it finds ways in the real world to see an opportunity it could not see before, causing you to take an action differently than before, moving you closer to that goal.

Did it work? Of course it did. I thought about a family member who I knew was losing their home, I spend days thinking about how I could help them. Of course I had no money, to help myself, how in the world could I help them. That is not important. What is important is I thought in my mind for days about how I wanted to and I imagined many things of how I might try to help them. Through that very process I was re=programming my own subconscious mind to believe it is possible, to believe people are good, people will help me to save my home. And within a short time I saw ways I could have a conversation with my banks to refinance a couple million dollars of debt I had that I was in trouble with at this very moment. This was all after the banks had already told me NO.

But, this time my subconscious mind was on my side working for me, not against me. This time it saw new opportunities to have that discussion with my bank in new ways. The bank kept telling me NO. Week after week, month after month. I continued thinking of ways to help my friends save their home and I continued to see strategies to also help myself. I never could have done it without the inner desire to help another.

But after exactly nine months my bank agreed to refinance two of my loans and after three more months it was finalized. My home was saved. I save and I had a renewed sense of security that I had longed for.  This strategy continues to work for me in securing new work for my businesses, my finances, and my personal relationships. It may seem like magic, but it is not. It is the way God created us to be. It is a psychological transformation that happens within us, causing us to change by the mere act of us reaching out and trying to help another. That change within us causes us to respond and act differently to our surroundings, thus moving us closer to the very goals we have for our lives.

For every desire you have, ask yourself how you can help someone you know achieve that same thing? Then go about meditating how you can help them, and then take action if you can. The result to your own life is not dependent upon whether or not you are actually successful helping the other person. Your results are only dependent upon if you wanted to, if you thought about how to help them often and if you truly attempted in some way, even if were only mentally attempting to figure it out. That is all it takes to make the shift in you, causing you to see new opportunities for yourself too.

Paul McCormick

Best Selling Author: Secrets of the Millionaire Inside

http://www.secretsofthemillionaireinside.com/

Moments ago, our congress just enacted new law that will change the course of this country forever. On a Sunday, congress acted as if they were God, granting its citizens an inalienable right; the right to demand medical insurance from our Government.

In return, the government will demand, by law, that all Americans purchase medical insurance. WOW! Obama said this is just the first step of many steps to expand the power of Government control. I wonder what the entire list looks like. We will soon discover it. I probably can also look back in history to see exactly what that list entails.

Sure, some of us will find a short term benefit to some of the items this bill will provide, it may even feel like a nice perk, but it comes at the cost of losing individual freedom and granting enormous power to our government, to decide what you must buy and sell. The long term results of socialized health care are devastating to the individual freedoms this country was built upon.

What I am talking about has just about nothing to do with medical insurance, and has everything to do with how much government control is now being granted to our government. Our founders knew it must be extremely limited in order that it not slip into dictatorship, socialism or communism. That balance is the only thing that separates America from the rest of the world in terms of being financially richer and having more freedom than any other country in history.

America’s founding fathers etched the balance of needing limited government power into our constitution so that we would forever remain a free county. And never lose it.

Today was an enormous step away from liberty, freedom, and opportunity for Americans, our children and our children’s children. I hope America wakes up so we, the people can see the handwriting on the wall, to see we are losing the only thing that made America special, that made it the land of the free.

If you’re not completely informed about what I am talking about, or if you think I sound way off the wall, just study our past, where we came from as a country, leaving Europe, why we left, where social leftist thinking leads a country, i.e., Marxism and communism or fashism, and what the early steps of that progression looks like. We are on that path and moving fast. The signs are easy to see, but only if we choose to look.

We are an amazing country, built on values that I believe are still rooted deep in the American people, so why are we letting far leftist radicals move the country away from the balance in governmental power that is so critical to keeping America the land of the Free. I believe we have simply not realized what is happening, it is happening so fast. The American people will eventually wake up and demand the return in the balance to limit the power of government in our lives; I only hope it happens before it’s too late.

Get involved; become informed, your freedom depends on it along with the freedom and opportunity for your children and your grandchildren.

There is a legendary spiritual teaching that says everything is neither good nor bad; in and of themselves they are void. Christian teachings say “All things can work for the good for those who trust in the Lord”. Buddhist teachings say “There is Emptiness in All Things”.

Both eastern and western views are the same idea, that things of themselves do not contain goodness or badness, but it is only you and me who bring our ideas of goodness or badness to the table through our perception of what we see happening around us.

When we get into a car wreck it seems very bad to us. But for the auto shop who will receive work to repair our car, it will be a good thing; especially to the auto shop owner’s family who may be struggling to make ends meet and having a hard time putting food on the table for their children. Then all of a sudden you come in with a completely wrecked car and have to pay him $6,000 to make it new. Your wrecked car is a blessing to this family.

See, to you the wreck was a problem, but to someone else the same situation is a blessing. The event, then, in and of itself cannot be called good or bad. The event contains the potential for both being good and being bad depending upon the people who look at the situation and the perspective they bring to it.

Why does any of this matter? It matters because if we can learn to look at every situation as having some good component then you can discover how to be happy more often. This allows me to stop myself just before I get angry at people who annoy me. It makes me stop, when a problem arises and instead of feeling like a victim, I stop and ask myself what good can come of this difficult situation. And almost always, I think of something that could happen good because of it.

In this way I learn to transform difficult situations into better ones, and turn anger into happier thoughts, and turn stress into less stressful feelings. I’m sure not perfect, not by any stretch of the imagination. But, I’ve found that I can use this technique to live a happier and less stressful life. And when I do, everyone around me magically begins to be nicer to me because of it.

Posting By:
Paul McCormick
Best Selling Author of Secrets of the Millionaire Inside
View his Book at:
http://www.freewealthiq.com/offer/starterkit.html
Forward this link to a friend.

There is an old saying “Love your enemies and pray for those who persecute you”. As a child growing up in a Judeo Christianity I was taught it was virtuous to help the widows and the orphans and giving to those who cannot help themselves, and to give in secret without receiving recognition for our giving.

For the most part of my life I’ve tried to treat people the way I would want to be treated. But, I did it because I believed it was the right thing to do, not because I thought it had anything to do with my own prosperity.

I saw absolutely no correlation between offering random acts of kindness and me getting rich; that is, I didn’t see the direct connection until now.

Now I know that these random acts of kindness are seeds to prosperity. This correlation took me half a lifetime to discover and decades of searching for the real reasons why some people are successful and others are not. Decades of observing good people struggle to make ends meet while watching ruthless and corrupt people succeed.

It took two decades of sacrificing, two decades of building a corporate career, two decades of building up a business and accumulating millions of dollars in wealth. And a few moments of watching it all disappear in the blink of an eye; all of this and I still did not really know why some are successful and others are not. I mistakenly thought it had to do with hard work.

A couple years ago I had the privilege of meeting John Assaraf, then a recent star of the movie The Secret. He gave a talk at a corporate convention in New Orleans where I was a guest author to do a book signing for my book, along with another star of The Secret James Ray. John spoke about the correlation between our beliefs and the results we get in life, specifically that we can direct the result we get in life with our thoughts and beliefs. His talk resonated with me and I knew he was on to something powerful

A little over a year later John’s book The Answer was published and I bought a copy to read. In this book John shares scientific evidence suggesting that our subconscious mind sees nearly unlimited opportunities in the world around us. Our subconscious mind sees and hears and knows millions of times more things than we can consciously be aware of.

IN other words our subconscious sees and hears opportunity everyday to be happy, wealthy and free but we may never consciously be aware of any of it, if we don’t know how our subconscious communicates with our conscious mind.

I’ve seen a demonstration where a group of people in an audience are asked to watch a 30 second video, yet 50% or more of the audience always misses a major item on the screen right in front of their eye. I remember when I first experienced it I was blown away by the significance of this truth. Because, it showed that very real things are happening to me every day to which I might be completely oblivious.

I’ve since learned that we only see about 2% of what is going on right in front of us and we only see what our subconscious wants us to see. Our subconscious filter has the job of blocking out 98% of everything it sees going on around us. The problem is, our subconscious mind blocks out many wonderful opportunities that could make us rich, happy, or successful.

I knew it was true, but I struggled to understand how to actually reprogram my subconscious mind to let all the good stuff through especially the opportunities to create success. I didn’t figure it out until I came across another book a couple years later that gave me the answer.

It was a book I had read three and a have years earlier and when I read it the first time I knew it contained keys to understanding how to create success, but again, like so many books it did not give me all the pieces of the puzzle that I needed to make it work in my life.

It was not until three and a half years later when I read it for the second time that all the pieces of the puzzle came together. Suddenly, I realized why everything I had been taught in Sunday school was far more important to me than I had ever realized.

The final piece of the puzzle came to me when I read, for the second time, a book titled The Diamond Cutter by Geshe Michael Roach. The Diamond Cutter uses different vocabulary than used in The Answer, but they are speaking about the same phenomena.

The Diamond Cutter suggests that the way we perceive the world around us dependent entirely upon imprints cast upon our subconscious mind. An imprint of kindness helps us see people being kind. An imprint of greed causes us to see greedy people, especially greedy toward us. We cannot have a perception about anything in life unless we have first projected that same imprint onto another person.

In other words, if we ever perceive someone who is trying to manipulate us to get what they want, it can only be perceived by us if we have sometime in our past manipulated someone else in the same way. And we cannot feel love from another person unless we have projected that same love to another person sometime in our past. What goes around comes around; karma.

On the surface this seems obvious; if I am good to you, you will likely be good back to me, if I am mean to you, then you might be mean back to me. But that is a shallow and false interpretation of what The Diamond Cutter is suggesting.

The reason we must do good acts of kindness to others is not so much for the benefit of the person we are helping, although that is a great side effect. The purpose of doing good to others is because those are the seeds we must plant to make our own imprints upon our own subconscious mind in order that we may then get the result we want in our own life.

In other words, if you want to be promoted in your career it cannot happen until you plant that imprint onto your subconscious mind. And the way you do that is to promote someone else first. For example if you are a supervisor hoping to be promoted into upper management then promote one of the people you supervise. Before you know it you will be promoted.

Now expand that concept to all areas of your life. Think about the list of everything you want and then ask yourself what seed you will have to plant in order to get what you want.

WHEN YOU WANT THIS THEN DO THIS

When you want more money Give money to others
When you want a new car Help someone else get a new car
When you want your business to succeed Help someone in that same line of business succeed (i.e. especially your competition)
When you want to keep your house Help someone else keep their house
When you want a job Help another person find a job
If you want to make a sale Help another person make a sale in the same line of work as you.
If you want more free time Help those around you to have more free time (i.e. those you supervise)
If you wish people were more reliable Be more reliable to those around you
If you want more harmony in your life Project more harmony to others

If you wonder why you don’t have all the things you want in life, all you have to do is ask yourself what seeds you are planting that are causing all the things you want to stay away. If you wonder why no one is buying your product, just ask yourself, how stingy have you been to those around you? If you are not getting promoted, ask yourself who have you not promoted that deserved to be. If people are not reliable and keep letting you down, ask yourself how are you not being reliable to those around you and how are you letting them down.

Only now after half a lifetime and countless failures and struggles do I understand the deep meaning of the teachings I learned when I was a little boy sitting in Sunday school class. I understand why blessing those who curse me is important, not for their benefit but for mine. I understand why I should help the orphans and the widows and do unto others as I would have them do unto me. Not just for them, but also, and especially for me.

On the surface it sounds like a good moral way for anyone to live. But the profound magic is in understanding how these random acts of kindness will unlock our own subconscious mind to guarantee these same random acts of kindness will grow from the seeds we plant and then come flooding back into our own life a thousand times larger. Not because the people we influence will do something good back to us; not at all.

No, we must do random acts of kindness, especially the exact same things we want done to us in any given time of our life to plant that exact imprint onto our subconscious mind. Then when our all knowing subconscious mind sees opportunities that align with the imprint we created, it will be passed through to our conscious awareness. And suddenly we see a world of opportunity and success right in front of our eyes that we never saw before.

Do something good for your neighbor, not because you want them to do something good back to you, but do it knowing that someone will walk into your life next month and do something ten times bigger for you.

Go ahead and give the employee of the month award to one of the people you supervise, not because you need anything back from them. Do it to plant the imprint inside you so that in one month a corporate executive will fly in from out of town and give you a promotion for doing a fabulous job managing your team.

Donate $100 to a charity; not so you can get a tax write off. Do it because you know you are planting a seed; making an imprint of financial giving that will enable you to recognize an opportunity next month to discover a financial opportunity worth a thousand times more than the seed you planted.

And if you don’t have any money to give don’t worry, this law has nothing to do with the physical transfer of money it has everything to do with your thought process and the intent you project onto your subconscious mind. The imprint is an imprint of intention. In other words developing the intention of what you would do if you had the money to help another is just as beneficial to you even if you cannot follow through and actually give the money.

The act of a wealthy person who gives no thought to donating $100,000 to the local charity in order that he may receive his name prominently on a brick over the lobby door will do nothing to gain him success because the seed he planted was not one of generosity but rather of gaining recognition. Because of that, he will receive exactly the seed he planted; he will receive recognition; not wealth.

Likewise if you have no money to give, don’t worry about the amount. Even if all you have is a penny, go ahead and give it to someone in need. The amount it completely irrelevant; what matters is understanding that the one cent you have is a seed and if planted along with your conscious awareness of what you are doing, expecting it to grow then it must come back to you a hundred or thousand times whatever you gave.

Give and it will be given to you, a good measure pressed down, and shaken together; it will be poured upon you.

Article By:
Paul McCormick
Best Selling Author of Secrets of the Millionaire Inside
View his Book at:
http://www.freewealthiq.com/offer/starterkit.html

Now you can discover your Wealth IQ score and get a color coded graphic chart showing how you measure up to the millionaires. Surprisingly, most people have a lot of the same or similar characterisitcs, thought patterns and behaviors as those of the most successful millioniares.  Also, surprising is that there is usually only one or two things holding you back from having that success manifest in your life. Do you know what that one thing is for you?

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Yesterday I received my copy of Success Magazine featuring Suze Orman on the front cover.

Although I do not have the same message as Suze, I love it every time I see her on TV, probably because that’s where I want to be, and I know I can speak to the same audience bringing them hope for financial freedom. Suze helps people get out of debt. I help people get out of debt and then get rich.

But, that’s not the main point I want to make. In the magazine was an article by Tom Peters, nationally renowned speaker on marketing and leadership.  In 1997, my first year as a CEO, I went to hear Tom speak at a weeklong conference in Seattle. I was about 27 years old and thought it was funny when he said, “Today the 54 year old CEO is being replaces by a 27 year old CEOs”.  You’ll have to remember the time period in 1997 dot com companies were the fastest growing business and they were making millionaires and billionaires out of people in their 20’s.  But Peter’s was also referring to the fact that tenure with a company no longer gave you job security.  Only the value you give right now determines your value to the company.  That’s why 54 year olds were being replaced by 27 year olds.

Now, twelve years later I find his article in Success Magazine, but this time he says something even more significant. He says

“Women aren’t a market segment,

they are the market”.

Tom Peters

As an author looking to reach my audience, I’ve known that woman and men read about the same amount of books. Yet, nearly 75% of all books sold are purchased by women. This statistic seems to prove true in my own family. I probably read even more books than my wife. Yet, my wife buys 75% of the book for our family.

Tom Peters goes on to say this is not only true about specific and individual markets, but that it is true across the board in all markets. He makes the point by saying that when a family or couple wants to buy a new car, many times it is the influence of the woman who will most determine which car they purchase.

Furthermore, it is often the woman, who does the research on the new Volvo she wants, reads consumer reports, reads user reviews, and researches dealers in the local area.  By the time her and her male friend are standing in front of the Volvo salesman, it is the woman who knows more about that particular car than the salesman trying to sell them and, who by the way is talking directly to the woman’s male friend, who has the least influence on the sale.

The point being that the salesman is talking to the wrong person, because the purchase will be more influenced by the woman that the man, so he is missing his golden opportunity to appeal to the woman.

I absolutely loved the article because, even though I have not always chosen marketing strategies consistent with this belief, I’ve intuitively sensed women are not only the majority of my market, but the majority of all markets.  Just in the last couple days I am allowing this realization to guide my decisions.  I’m in the process of hiring a production company to create my TV commercial campaign which will begin airing across the country in May and June. So I’m talking to woman producers and want to be sure I have women on my creative team so I don’t become the stupid salesman focusing on the wrong audience.

For all you men reading this blog, don’t get me wrong. My message is for everyone. After all, who doesn’t want to be incredibly wealthy, buy all the cars, vacation homes, and toys you want; never needing to go to work again, and make money while you sleep and vacation. Who wouldn’t want to be a multi millionaire or billionaire? What I offer is clearly for everyone.  All I’m saying is that many times it is the women who find the information and bring it to the attention of men.

To say it again as I quote Tom Peters, Women aren’t a market segment, they are the market”.

If you enjoyed this post, write a comment telling us why or forward the link to a friend

Paul McCormick

Best Selling Author: Secrets of the Millionaire Inside

www.TheAuthenticMillionaire.com

www.FormulaForMillionaires.com

I want to help you make massive amounts of money, but I cannot begin that conversation if you are struggling to pay bills. Right now I want to help you save money. Below are my money saving tips that put you on the road to financial freedom.

1.      Internet service: Verify what speed you need and only buy what you need. Ask your self is the internet a luxury or a mandatory tool for your success. Most people could chose a slower speed and Save $10 Per Month

2.      Cable TV – Basic Cable is $9.95 per month. More stations cost more money and wastes more of your time.  Choose a basic cable plan and Save $10 to $30 Per Month.

3.      Eating Out is a luxury and if you are financially struggling don’t eat out right now. Save $30 to $100 Per Month.

4.      Car payment – if you have one I’m sorry. I could tell you why you should never ever buy a car on credit, but that won’t help you now.  If you can sell your car to get out of a payment and buy an older good used car with cash, by all means do it.  Save $100 to $500 per month.

5.      Coffee and Latte – Ask yourself, do you have money to cover all your bills, plus the latte.  If not it’s a simple choice: the latte or end up evicted and on the street with no home.  Cut the latte. Save $20 to $30 Per Month.

6.      Cell Phone Service. Ten years ago you didn’t even have the cell phone so do you really need it? If you feel you do, then how many minutes do you really need?  Most people could choose a phone plan with less hours and save big fees. Save $20 to $40 Per Month.

7.      Food Costs.  Buy less processed and packaged foods and more bulk and natural foods. Save $100 to $400 Per Month.

8.      Entertainment - such as movies. Instead find a good show on TV. Save $ 10 to $30 Per Month.

9.      Housing – If you are single consider rent sharing with a friend and do yourself both a favor. Save $300 to $600 Per Month.

10.  Memberships and Subscriptions – Ask yourself are you receiving real value out of your monthly subscriptions and memberships. Cut out anything not helping you make money, Save $10 to $50 Per Month.

If you were able cut out everything on this list you would Save $610 to $1740 Per Month.  Wow!  You may not want to make changes in your lifestyle, but if you are not able to pay the bills, you absolutely must make some changes and this list will put you on the road to financial freedom.  Let me help you get started. Be sure you are signed up for my FREE newsletter and get my FREE reports at www.FormulaForMillionaires.com

Right Now!

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Paul McCormick

Best Selling Author: Secrets of the Millionaire Inside

www.FormulaForMillionaires.com

Tonight President Obama held a press conference in which he gave a brief opening statement of hope that we can get through this economic crisis but it will take.

After his introduction he was questioned by selected members of the press, and a couple themes prevailed.  I’d like to mention one of those themes in this blog.  The president was asked about his propose plan to double the federal deficit over the next 10 years from 11 trillion to over 23 trillion dollars, and whether he thought this was fair to push that problem into the future.

His answers were diplomatic and centered on his theme to rebuild the economy and ensure low cost healthcare to all.  Yet through the evening the question continued to be repeated.

I don’t want to discuss the pros and cons of his proposal. I want you to realize that everything in the economy that used to work is changing.  In the last six months more laws have been enacted that will change the future economy of this country than all the laws in the last 50 years. I’m talking law changes that have long time consequences long after the economy gets better.

The old rules of money just became obsolete. The US has enacted new laws regulating money that make everything different for you and me from this day forward, and it might or might not be good.  I have my own opinion about it, but we all agree that it will be very different.

No longer can you count on:

·         Pension Plans

·         401-K Plans

·         IRAs

·         Savings

·         Bank Deposits

·         Your Company to Employ You

·         The Government to Care For you

·         The Stock Market to be secure for the long term

I am amazed, by the coincidences in my life; the way things align and come together to put me right where I am supposed to be; freedom, happiness, and money.  Most people’s net worth took a nose dive during the last 12 month.  And my guess is the hit took its toll on the middle and upper middle class more than anyone else; maybe worst of all on the baby boomers who had most of their life savings tied up in paper assets like stocks, bonds, and mutual funds.

If you want to hear my perspective on that subject listen to me talk on a New York Podcast online Tuesday March 24 at 7PM EST at www.YourMoneyShow.com. I’ll share how so many people could have prevented losing their fortunes and how they can still build wealth once again, if they just do three things.

Fortunately I was already using my Formula For Millionaire’s process and am glad to look back over the last 12 months and say that my net worth has increased by 7 digits and even more than any other previous year in my life.  Isn’t that the way it should be?  Shouldn’t we be increasing our knowledge, our abilities and our wealth with each new year of our life?  And shouldn’t we be the ones in control of our life and our finances?  Why would we ever put it in the hands of the economy, or our employer, or the government? That would  be insane! Yet that is what most people do. Why?

A couple weeks ago I was speaking with Dave Alexander, a top real estate expert within Donald Trump’s Organization. He spends much of his time travelling the country coaching individuals on how to build wealth through real estate. He had the privilege of working with an individual earlier this year who works within the credit bureaus where they keep track of all our credit scores.

When asked how it really works, how are those credit scores:

Those scores that banks look at before they give you a loan,

Those scores that a landlord looks at before they approve you to rent an apartment,

Those scores that credit card companies look at before they give you a credit card,

And those scores that the car dealership looks at before they sell you a car,

When asked how those scores are calculated, this man who is a high ranking executive within the credit bureau said, ” We really don’t know how it works”.He went on to say that the three bureaus are tied to other government agencies but that they don’t work in collaboration, but rather the data goes into the system and it spits out a number and no one really knows how the numbers are calculated. We do know it is based on:

The amount of credit you have available

The amount of credit you have extended,

The amount of defaults on any of that credit

And the length of time for any of this defaults.

But beyond those variables no one seems to know the actual formula. But we did learn this: