What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars
Author: Jim Paul
Publisher: Columbia University Press
Total Pages: 192
Release: 2013-05-21
Genre: Business & Economics
ISBN: 0231164688
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Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.

The Million-Dollar, One-Person Business, Revised

The Million-Dollar, One-Person Business, Revised
Author: Elaine Pofeldt
Publisher: Lorena Jones Books
Total Pages: 274
Release: 2018-01-02
Genre: Business & Economics
ISBN: 0399578978
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The self-employment revolution is here. Learn the latest pioneering tactics from real people who are bringing in $1 million a year on their own terms. Join the record number of people who have ended their dependence on traditional employment and embraced entrepreneurship as the ultimate way to control their futures. Determine when, where, and how much you work, and by what values. With up-to-date advice and more real-life success stories, this revised edition of The Million-Dollar, One-Person Business shows the latest strategies you can apply from everyday people who--on their own--are bringing in $1 million a year to live exactly how they want.

12 Months to $1 Million

12 Months to $1 Million
Author: Ryan Daniel Moran
Publisher: BenBella Books
Total Pages: 206
Release: 2020-05-05
Genre: Business & Economics
ISBN: 1950665143
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This is the road map to a seven-figure business . . . in one year or less The word "entrepreneur" is today's favorite buzzword, and any aspiring business owner has likely encountered an overwhelming number of so-called "easy paths to success." The truth is that building a real, profitable, sustainable business requires thousands of hours of commitment, grit, and hard work. It's no wonder why more than half of new businesses close within six years of opening, and fewer than 5 percent will ever earn more than $1 million annually. 12 Months to $1 Million condenses the startup phase into one fast-paced year that has helped hundreds of new entrepreneurs hit the million-dollar level by using an exclusive and foolproof formula. By cutting out the noise and providing a clear and proven plan, this roadmap helps even brand-new entrepreneurs make decisions quickly, get their product up for sale, and launch it to a crowd that is ready and waiting to buy. This one-year plan will guide you through the three stages to your first $1 million: • The Grind (Months 0-4): This step-by-step plan will help you identify a winning product idea, target customers that are guaranteed to buy, secure funding, and take your first sale within your first four months. • The Growth (Months 5 - 8): Once you're in business, you will discover how to use cheap and effective advertising strategies to get your product to at least 25 sales per day, so you can prove you have a profitable business. • The Gold (Months 9-12): It's time to establish series of products available for sale, until you are averaging at least 100 sales per day, getting you closer to the million-dollar mark every single day. Through his training sessions at Capitalism.com, Ryan Daniel Moran has helped new and experienced entrepreneurs launch scalable and sustainable online businesses. He's seen more than 100 entrepreneurs cross the seven-figure barrier, many of whom go on to sell their businesses. If your goal is to be a full-time entrepreneur, get ready for one chaotic, stressful, and rewarding year. If you have the guts to complete it, you will be the proud owner of a million-dollar business and be in a position to call your own shots for life.

The First 20 Hours

The First 20 Hours
Author: Josh Kaufman
Publisher: Penguin
Total Pages: 288
Release: 2013-06-13
Genre: Self-Help
ISBN: 1101623047
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Forget the 10,000 hour rule— what if it’s possible to learn the basics of any new skill in 20 hours or less? Take a moment to consider how many things you want to learn to do. What’s on your list? What’s holding you back from getting started? Are you worried about the time and effort it takes to acquire new skills—time you don’t have and effort you can’t spare? Research suggests it takes 10,000 hours to develop a new skill. In this nonstop world when will you ever find that much time and energy? To make matters worse, the early hours of prac­ticing something new are always the most frustrating. That’s why it’s difficult to learn how to speak a new language, play an instrument, hit a golf ball, or shoot great photos. It’s so much easier to watch TV or surf the web . . . In The First 20 Hours, Josh Kaufman offers a systematic approach to rapid skill acquisition— how to learn any new skill as quickly as possible. His method shows you how to deconstruct com­plex skills, maximize productive practice, and remove common learning barriers. By complet­ing just 20 hours of focused, deliberate practice you’ll go from knowing absolutely nothing to performing noticeably well. Kaufman personally field-tested the meth­ods in this book. You’ll have a front row seat as he develops a personal yoga practice, writes his own web-based computer programs, teaches himself to touch type on a nonstandard key­board, explores the oldest and most complex board game in history, picks up the ukulele, and learns how to windsurf. Here are a few of the sim­ple techniques he teaches: Define your target performance level: Fig­ure out what your desired level of skill looks like, what you’re trying to achieve, and what you’ll be able to do when you’re done. The more specific, the better. Deconstruct the skill: Most of the things we think of as skills are actually bundles of smaller subskills. If you break down the subcompo­nents, it’s easier to figure out which ones are most important and practice those first. Eliminate barriers to practice: Removing common distractions and unnecessary effort makes it much easier to sit down and focus on deliberate practice. Create fast feedback loops: Getting accu­rate, real-time information about how well you’re performing during practice makes it much easier to improve. Whether you want to paint a portrait, launch a start-up, fly an airplane, or juggle flaming chain­saws, The First 20 Hours will help you pick up the basics of any skill in record time . . . and have more fun along the way.

The School of Greatness

The School of Greatness
Author: Lewis Howes
Publisher: Rodale
Total Pages: 274
Release: 2015-10-27
Genre: Self-Help
ISBN: 1623365961
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When a career-ending injury left elite athlete and professional football player Lewis Howes out of work and living on his sister’s couch, he decided he needed to make a change for the better. He started by reaching out to people he admired, searching for mentors, and applying his past coaches’ advice from sports to life off the field. Lewis did more than bounce back: He built a multimillion-dollar online business and is now a sought-after business coach, speaker, and podcast host. In The School of Greatness, Howes shares the essential tips and habits he gathered in interviewing “the greats” on his wildly popular podcast of the same name. In discussion with people like Olympic gold medalist Shawn Johnson and Pencils of Promise CEO Adam Braun, Howes figured out that greatness is unearthed and cultivated from within. The masters of greatness are not successful because they got lucky or are innately more talented, but because they applied specific habits and tools to embrace and overcome adversity in their lives. A framework for personal development, The School of Greatness gives you the tools, knowledge, and actionable resources you need to reach your potential. Howes anchors each chapter with a specific lesson he culled from his greatness “professors” and his own experiences to teach you how to create a vision, develop hustle, and use dedication, mindfulness, joy, and love to reach goals. His lessons and practical exercises prove that anyone is capable of achieving success and that we can all strive for greatness in our everyday lives.

The 4-Hour Work Week

The 4-Hour Work Week
Author: Timothy Ferriss
Publisher: Crown
Total Pages: 322
Release: 2007
Genre: Business & Economics
ISBN: 0307353133
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Offers techniques and strategies for increasing income while cutting work time in half, and includes advice for leading a more fulfilling life.

The Million Dollar Day

The Million Dollar Day
Author: Mark Hoverson
Publisher:
Total Pages: 106
Release: 2016-09-15
Genre:
ISBN: 9781537457857
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"If you made a list of EVERYTHING in your ENTIRE life that you have been procrastinating on... and someone said they'd give you ONE MILLION DOLLARS if you could complete the list in 24 hours... Do you think you could do it?" Discover why thousands of people, from all across the world, are echoing the same chorus, "The Million Dollar Day was the single most-productive day in my life." Inside these pages, an amazing team of co-authors walk you through how their own Million Dollar Day (MDD) experience was the catalyst for massive lifestyle transformation. You'll see that as soon as Kristi Carter fully released an old business idea...a better one almost immediately appeared. Read how Fusano Nagahima turned the tragic death of her twin sister into a new drive for a fully ordered life, free of all clutter. Matthew Kominiak shares how his MDD sparked the amazing journey of restoring his wife's hearing. See how Amparo Titmus redeemed a long-lost treasury of one-of-a-kind Beatle's memorabilia. Jamie Waters walks us through how the MDD caused him to re-examine his time & money routines, and how it refreshed his lifestyle. Jaden Easton reveals how attacking his messy office opened up brand new creative energy so he could become more productive. Read how Victor Dedaj used his MDD to take courage to actually engage the I.R.S. in a tax dispute, and win! Hear how Christine Kominiak made peace with a rocky relationship, and put her fashion game back on track. Read how the MDD inspired Troy Scott & his wife to finally complete a much-needed financial overhaul, and it saved them thousands of dollars. Discover how Laurie Conrod's MDD set the stage for her to recover a precious family heirloom that was missing for 8 years.

The Last Lecture

The Last Lecture
Author: Randy Pausch
Publisher:
Total Pages: 0
Release: 2010
Genre: Cancer
ISBN: 9780340978504
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The author, a computer science professor diagnosed with terminal cancer, explores his life, the lessons that he has learned, how he has worked to achieve his childhood dreams, and the effect of his diagnosis on him and his family.

The Millionaire Fastlane

The Millionaire Fastlane
Author: MJ DeMarco
Publisher: Viperion Publishing Corp
Total Pages: 337
Release: 2011-01-04
Genre: Business & Economics
ISBN: 0984358102
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10TH ANNIVERSARY EDITION Is the financial plan of mediocrity -- a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes; it sounds a lil something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This impotent financial gamble dubiously promises wealth in a wheelchair -- sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to "settle-for-less" and a slight chance of elderly riches, there is an alternative; an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. Why most entrepreneurs fail and how to immediately put the odds in your favor. The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. The leading cause of poorness: Change this and you change everything. How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. Why the guru's grand deity - compound interest - is an impotent wealth accelerator. Why the guru myth of "do what you love" will most likely keep you poor, not rich. And 250+ more poverty busting distinctions... Demand the Fastlane, an alternative road-to-wealth; one that actually ignites dreams and creates millionaires young, not old. Change lanes and find your explosive wealth accelerator. Hit the Fastlane, crack the code to wealth, and find out how to live rich for a lifetime.

How to Make a Million Dollars Profit in 5 Years or Less

How to Make a Million Dollars Profit in 5 Years or Less
Author: Profit Keith
Publisher: AuthorHouse
Total Pages: 82
Release: 2010-04-15
Genre: Education
ISBN: 1449091601
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How To Make A Million Dollars Profit In 5 Years Or Less. Entrepreneurship is the easiest way to become rich. In this book it will show and explain many ways on How To Make A Million Dollars Profit In 5 Years Or Less. In ways like Business Interests,Brokering and how to build a business and a customer base also shows how this knowledge will apply to some common businesses and how to make a million dollars profit in them common businesses in 5 years. These are some of the common businesses used in the book for teaching. :Lawn Mowing/Lawn Care, Barber Shop/Beauty Salon, Hand Car Wash, Cellular Phone Sales/ Broker, Manicurist/ Nail Technician, Used Car Dealer After you read this knowledge of Profit Keith you would not believe it is that easy to become a millionaire and make a million dollars profit in 5 years in this book you will learn how. The knowledge in this book will apply to most businesses that sell a product or have a service and a lot of common businesses can be started with less than $10,000. This book will show and explain to you how to succeed in a business and at your work place .By learning how to build a business and a customer base, after reading this book the only way you don't become rich if you apply this knowledge ,you don't want to be rich. All you need to do is Read, Learn, And Apply The Knowledge.