Becoming a Self-made Millionaire Isn’t Painless, But It’s Possible

29th May 2019

Businesswoman and Secrets of the Self-made title

The road to becoming a self-made millionaire isn’t an easy one, but with the right mindset and habits it is completely attainable. If you are good at saving money, you are on the right track and should continue putting money in tax-advantaged retirement plans. But there is more to building wealth than retirement planning. If you’re building a business from scratch, in order to achieve success you’ll need to have thick skin, patience and a love for challenges.

Our passion is to sell retirement plans to high-income self-employed people, and we have literally seen thousands of success stories from all backgrounds. Our clients include traditional occupations such as doctors and dentists to more pioneering professions like motivational speaking and online entrepreneurs. Here are some top posts on self-made success for the week – we hope you feel inspired.

A Self-Made Millionaire Says a Decision He Made at 21 Was the Key to Not Only Building His Wealth, But Keeping It Intact

A self-made millionaire credits his wealth to investing in retirement accounts from an early age. He said that investing in tax-advantaged retirement accounts that penalize early withdrawals was the key to keeping his savings sound and helped grow his retirement.

Via Business Insider

Jack Ma Explains How Entrepreneurs Should Deal with Rejection

When it comes to building a business from the bottom up, every entrepreneur is bound to face some form of rejection. If entrepreneurs want to be successful, Jack Ma, founder of Alibaba, says they will have to get accustomed to rejection and negative responses. Also, they should not get discouraged.

Via CNBC

What Does It Take to Become a Millionaire? Here’s What Americans Think

There are nearly 12 million U.S. households with a net worth of more than $1 million. Many Americans who aspire to be millionaires are mapping out how to get there – here are some tips to achieve this goal.

Via The Motley Fool

The Entrepreneur Behind This Million-Dollar Protein Snack Brand Says Patience Is the Key to His Success

Mark Samuel, founder of protein snack maker Iwon Organics, launched his company in 2016 and its products are already in 5,000 stores. Here’s the main thing he attributes to his success: patience.

Via Entrepreneur

How Ferdinand Porsche’s Great-Grandson Is Gearing Up to Disrupt The Sports Car Market

Another member of the extended Porsche family is getting ready to shake up the automotive world—not by redefining what it means to be a sports car but rather by changing the foundation on which one is built and challenging what it means to be an automaker in this day and age.

Via Forbes

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3 Retirement Planning Blunders That May Cost You a Fortune via @motleyfool #retirementplanning #moneymistakeshttps://t.co/fBUAThuESZ

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The Top 10 Mistakes That Keep Women Entrepreneurs From Scaling to $1 Million via @entrepreneur #womeninbusinesshttps://t.co/Nw8k8Hq4T9

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When Does It Make Sense to Quit Your Corporate Job & Become an Independent Consultant? #smallbusinesshttps://t.co/5r647zhSi1

5:43 PM 24 January 2020

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4 Ways the SECURE Act Impacts Your Retirement Planning Now via @forbes @BarryGlassman #SECUREActhttps://t.co/2xlyvUEHAP

4:23 PM 24 January 2020

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Entrepreneurs Should Consider Doing These 3 Things Before Building a Company With an Exit Strategy via @inchttps://t.co/MIQyaJHg5A

1:16 AM 24 January 2020

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What are the key differences between Defined Benefit vs. Defined Contribution plans? The favorable tax savings of D… https://t.co/qc4B2wvy7c

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