admin-ajax.php

Accidental Millionaires

Forrest Gump wanted to be a shrimp boat captain.

So, after he returned from the war, Forrest went out and bought a shrimp boat and persistently failed until luck visited him.

With that luck, as well as the help of his reluctant, yet devoted apostle, Lieutenant Dan, Forrest was able to build a shrimp distribution empire that transformed him into an Accidental Millionaire.

Only in the movies, right? Fortune Magazine–forrest Gump 1994

But, as I learned from my five year study of self-made millionaires (Rich Habits Study), luck plays a very important factor in striking it rich.

But the luck I’m referring to isn’t a random good luck many rich-haters ascribe to the wealth.

The luck I’m referring to is called Opportunity Luck.

This is a type of luck that only visits those with persistence, good daily habits and a work ethic driven by a passion that borders on the obsessive.

There are many self-made millionaires out there who were beneficiaries of Opportunity Luck.

Tabasco Sauce

Edmund McIchenry, a struggling farmer, was tired of eating bland food.

So, in 1865, in an effort to liven up his food, he began experimenting with some of the hot Mexican peppers that were growing in the garden, just outside his kitchen.

The sauce he created became known as Tabasco Sauce.

Q-Tips

Leo Gerstensang noticed his wife trying to clean their baby’s ears with a toothpick and some cotton.

Worried she might hurt their child, he created the Q-Tip.

Apple Computer Apple Computer

Steve Jobs was desperately seeking seed capital in order to get his fledgling Apple Computer up an running.

There was one wealthy individual in town who had turned Jobs down on his funding request.

That was until the wealthy local saw Jobs having lunch with a representative from Rockefeller Venture Capital.

The wealthy local man, thinking the Rockefeller’s were investing with Jobs (they too turned Jobs down), decided to invest $150,000, which gave birth to Apple Computer.

Slinky

In 1943, Navy engineer Richard James was trying to figure out how to use springs to keep the sensitive instruments aboard ships from rocking themselves to death, when he knocked one of his prototypes over.

Instead of crashing to the floor, it gracefully sprang downward, and then righted itself.

Slinky’s went on to sell 300 million worldwide!

Opportunity Luck requires that you be tuned in to opportunity.

The Reticular Activating System (RAS) is part of our old brain (brain stem) physiology.

It’s purpose is to filter out most sensory data, unless that data is important to us. 

ad_rhph

Our name, for example, is important to us.

When you hear your name, even in a crowded, noisy airport, you turn in the direction of the person calling your name.

That’s the RAS at work.

You can tune your RAS into receiving only specific sensory information, like your name.

When you set a big goal or follow a life dream, your RAS becomes tuned in to sensory data that will help you achieve the goal or realize the dream.

Opportunities we did not see previously, become obvious.

The law of attraction is actually the RAS system at work.

You are not actually attracting opportunities but rather becoming aware of them thanks to the RAS.

This is why those who set big goals or pursue a major purpose or dream in life are so much more successful than everyone else.

Their RAS is working for them, allowing them to achieve great things in life.



icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Tom is a CPA, CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty and his research he identified over 200 daily activities that separated the “haves” from the “have nots” which culminated in his #1 bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals. Visit the website: www.richhabits.net


'Accidental Millionaires' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!