I have a good friend who is also my business consultation client.He’s millionaire and made his money by buying 3-4 new properties each month but he doesn’t look like one of those rich people you’ve seen flashing their cars and diamonds.
Put it this way— he doesn’t LOOK rich. I mean it.
Last week when I was having lunch with him, he told me a story of how he met a ‘successful’ book author.
Let’s call my friend, Robert.
You see, Robert’s the type of guy who likes to attend seminars because he’s always seeking for new and brilliant money-making ideas.
And in a real estate seminar he was attending, there was this “famous” real estate book author. So Robert politely approached the author with a copy of the book that he had purchased. He then asked the author for a personal autograph.
Of course the author was pleased and he wrote this note on the book for Robert…
“Robert, you’ll be the next millionaire!”
My friend IS already a millionaire and probably has more properties than the real estate author could ever imagine.
There are a few key lessons I want to share here.
Never, ever judge anyone— especially in seminars regardless of how successful or rich you are. You could never know the that guy sitting beside you is 10 times better than you. Also, don’t a smart Alec. It doesn’t pays to act smart.
Lesson? Be humble. Be modest. Maybe, you’ll discover a few extra tips in life for free.
Always seek to improve yourself to the next level.
If you’re not growing, you’re declining. You could say that you’re ‘maintaining’ but be honest with yourself—How could you be at the same level when we’re living in a world where new ideas and technologies are developed so quickly?
20 years ago, being a millionaire is a big deal. Nowadays, it’s pretty common.
Read books. Attain seminars. Listen to CD’s. Go to the library. Surf the internet. Whatever. Just make sure that you’re developing your personal growth on a consistent basis. It doesn’t have to be the topic of creating wealth or becoming richer because wealth is just a portion of your “wheel of life”. All money with no love makes Jake a sad boy.
It could be anything as long as you know that you’re becoming wiser and finding ways to attain happiness. Of course, lots of money in the pocket plays a huge role but not necessary.
Large money is made in a leverage fashion. If you really want to become extremely wealthy, find any information you can get about ‘leverage income’. Robert makes a lot of money from ‘leverage income’ such as acquiring properties.
With his methods, he could buy one below the value of the property, ‘revamp’ it, increase the value and make 100% profit out of it. But he doesn’t just go out and sell it back to the market. He uses it for other means of leverage—such as increasing his capital, creating positive cashflow, etc.
“Leverage income” comes in many forms, my friend.
An author is applying ‘leverage income’ when he’s collecting royalty fee from his books.
A supplement consumer is expanding his ‘leverage income’ by building a network for his multi-level marketing business.
Properties. Stocks. Internet. Systems. Businesses. Licenses. These are a few examples of ‘leverage incomes’.
My closing for today’s content?
When you become the Master, go back to lesson one— Don’t show off. Trust me, you’ll get nothing back from it accept for temporarily ego boost.
If you like what you read, it’ll be cool if you can leave a Comment below. I’ll definitely appreciate it because I read every single Comment posted here.
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I got a point from you again, Patric.
Thanks you very much for sharing your good attitude.
Great article Patric,
Many true words therein. I always beleive that the way to learn is from somebody who has been there and done that.
If I ever need advice(often), I will always ask one of my freinds, who have made it in the real world.
Keep these gems coming.
Harvey
Thanx a lot for that humble advice which just landed on the right hands. I am really looking foward to and really working hard to be a successful man. And one thing Ill never forget is to be humble enough to learn more ways of improving myself. Thanks.
Great story Patric, thanks for sharing.
At times we all need to be reminded that the universe does not rotate around us.
What you think today is what you become tomorrow
Very insightful, Patric. I know many individuals who fit the mold of the real-estate author your describe, and several others who you’d never guess have more money than a ‘show-dog could jump over’.
It’s very easy to deceive oneself and to begin believing there’s no one better, richer, happier, better looking, and on, and on.
A very good friend told me this little gem: “You can never know what the other guy knows when you begin a business relationship with him (or her)… So don’t be a ‘know-it-all’. You may be shooting yourself in the foot.”
I enjoy your emails and your personal commitment very much. Thanks
Chan,
totally agreed with you on being modest. I live in Penang. I know of many millionaires whom you will never know they are rich from the way they dressed and behaved! some of them may be even driving a waja only . I respect them for that !!
Leverage income, another great idea, my greatest challenge is how and where to find these leverage income???
cheers !
Hello Chan,
I have been a subsriber of your newsletter for a few months now. So far I have enjoyed everything you have written. You have such an honest, ethical and warm way of putting together excellent self-development messages.
Yes, being modest is a wonderful attribute that we should all practice. Our modesty helps create a better World.
Thank you for your insights, good advice and for helping to make our World a better place.
Best regards and to your continued success,
CN
Patrick,
Thank you for the words of wisdom, I always appreciate your work. I have been receiving your newsletter for quite some time. The principles that you teach about constant improvement and also constant humility are what makes the difference between a true success and someone who only mimics success. You are correct that there can be millionaires in any business, and it is proven that there are millionaires in any business. Some are flashy, others are humble, and most fit right in the middle. The key is to learn from all of them and make your own success, which I think is your primary lesson. I look forward to your next enlightening and entertaining newsletter, and I wish you and your family a blessed day.
Matt,
Texas, USA
http://www.teamsizzle.com/thorpe.
Hi Patric
What a good sentiment, as there are many people that have good incomes but do not have grace! Its a lesson we should all learn “Be humble”.
Chan,
I appreciate your contribution.
Very excellent idea. Thank you.
It is a nice reminder to always be humble and modest even when we are successful. I hope you continue to write something like this.
This article make me remember that one will always be an student of life doesn’t matter at what level one is.
Also this tell Us that there is a bigger number of rich people (realy rich) but don’t let it show to the public, for example Warren Buffet.
thanks for your work and keep it becoming the force you mean to be.
att. prosperityman
its really great reading those stories of yours. they answer all of the queries i have in mind.just have to apply them. want to have more inspiring stories from you so with the techniques you have for me to grow more. God bless! More power!
Your words are aspiring. It is true that it is easier to say than do. In Hong Kong, properties are very expensive, so, is it that easy to make money out of properties, esp. in HK, how can we have leverage income?
Hi Patric,
Thanks for the sharing. As the chinese says, only half full water container will making all the noise. The full tank water container will not brag.
On top of learning leaverage income, we should learn leaverage time also. Just my two sen worth of opinion.
Thanks.
Hi Patric,
Thanks for your message. I enjoyed it. I have also
seen it happen a few times. Every time I really appreciate it. So there is some truth in the old
saying: “Nobless oblige.”
Cheers,
Pirkko
Patric,
Agreed wholeheartedly with you “Never judge a book by its cover”.
Treat everyone the same as you would want to be treated.
Al
So true, Patric
John
Hello Patric,
I am always loved what you write especially on basic principals that are universal, such as this one.
What you bring out here will impact many people’s life.
Thank you for keeping me in your loop.
Best of All.
Suwandi Chow
Great article, i have gained some insights from this reading, thanks a lot, wishing you all the best. Kind regards/Prakash
Thanks guys!
Wow, just by reading all of these inspirational comments, they’ll definitely motivate me to find more ways to touch people’s life.
Thank you very much.
-Patric Chan
Founder of the You Chan Do It!
Success Outcome System
http://www.YCDISuccessOutcome.com
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Your absolutely right Patric. I hear many stories about millionaires. I’m still learning how to get at least $100.00 in my clickbank account.
Patric, that’s a great bit of advice, especially since real estate gurus with successful or, even, semi-successful books are a dime a dozen. That’s not counting the e-books. There may be real estate gurus who’ve never written a book and are multi-millionaires because they don’t need to write the book to make money. Times change so rapidly that the persons on top and bottom today can change places tomorrow. Then, those who were on top will be racking their brains to remember a tidbit of wisdom from the person(s) they never listened to. Good job, Patric. I always enjoy your offerings.
Keep it up, we will treasure your wisdom in advising us with such gems. We don’t need more boastful arrogance but meekness and humility sure do make people ‘nicer’, whether rich or poor. When pride is inherent, there is an unstated strength in reaching these qualities. For sure they don’t come easily. Very useful in smoothing out your rough edges in every human interaction. Good to be reminded again every now and then. Thanks Patric.
Patric,
That was a very good article,as your articles are.
I think a humble person has a greater legacy to leave, and you are on your way.
God bless you.
Glenna
You Chan,
I have come to believe after going through your valueble articles that, knowledge has got such a short life shelf if not shared. Also there is something i have learnt, that when you keep pretending in life of what your not chances are that one day in yourlife so longer as you live you may happen to forget the trick and tell you what, you become completely nothing i mean you get obsolutely reduced to nothing. Thanks Patrick for lighting the world i am so , so sure that, there is not and never ever in this life will ever be someone like you not even your children or grand children. I am just humbled by the way you look at life positively. God Bless the works of your hands Brother.
Ponny N.Mbuga Kampala Ugands
Dear Patric,
Thanks a lott for sharing all your knowledge with me.I liked the story about your friend,aswell & i agree that people have to be modest.
My oppinion is that beeing modest is a great weapon against one’s Ego.Also know that the book of life is open for everybody-you just have to wish to read;that’s why I’m sure everybody here can share at least 1 good story with a good lesson in it.
Best regards :
Rumen
Dear Patrick,
I totally agree with what you wrote.
Zul
Patric,
I felt very well after reading your article. Being humble in life, regardless you are rich or not, is always helping you to be happy.
Thank you.
Patrick I like your attitude and approach. Great principle set forth!!!Thanks man!!
Being humble has always been one of my virtues. But thanks for the info.
as usual,
some other great thing to learn from you.
you are the man…
Hello Patric,
I think the saying ” Never judge a book by its cover” applys so well here.
I think with being a Internet Marketer you have to take everyone on face value and merit. It does not matter if you have a speech impediment, disabled or growing a new set of ears. We are all equal is my point.
Thankyou
lisa
Hi Patrick
Just wanted to say thank you for all the information you share, information that is inspiring and free.
Patric,
As always, you continue to provide inspirational notes to keep me going, despite those really down days when it seems nothing is working right.
Today’s message is especially appropriate, as there are many coming online now who want to be the “big kahuna.”
I know I can turn to your words, on any of your web sites or blogs, or emails, to keep the right perspective on things. I’m sure there are others who care, but you are the only one I personally know about who is truly sincere.
Thanks again, keep up the great work.
It was an honest, sincere but truthful piece of writing. Looks and circumstances don’t define a man’s future.
Thanks for the easy but relevant reading. Its a good reminder.
Thank you for reminding me that being humble is still
a way to project some form of gratitude.
love your writtings.
I think I know the person you are referring to i.e. ‘Robert’. I think this article has tickle my brain so to speak. I am quite interested in this concept of leverage income. Is there books on this? or websites that would expand on this concept?
Hi Walston,
There are many forms of leverage income and there are a lot of books on this subject.
What’s important is to decide which leverage income that you want to use, i.e option trading, internet, MLM businesses, etc.
Thanks
Patric
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Aha, Patrick – point proven, don’t judge a guy by his badge! He may have engineered his way into a huge family inheritence or married the owner’s daughter or about to sign a partnership deal … On the other hand, he might be a bored employee with his dreams shattered through MLM wondering “where did it all go?”
!!
thank u for ur gr8 effort and these gr8 tips keep going
I am very impressed with you and your knowledge.
I am a PHD in Metaphysics and you amaze me. I have been on the internet looking at lots of other people
even the people on the Secret. I wonder how they missed you. I think you offer much more wisdom.
DR. Bill
Patric,in facts,i conduct so many trainings for my staffs and share with them my key learning and good habits always. i found i did ignore some people sit besides me, they maybe 5 times better than me, but i said the same words to them like above author” you will be there like me one day.” After reading your sharing, i found sometimes i looks overconfident in other people’s eyes. be humble and modest, i kept it in my mind now. thanks you so much for your valuable advices and suggestions. look forward to reading more from you in upcoming weeks, moths and years…….
Thanks for sharing. Very insightful post.
Thanks for sharing. A very insightful post.
Dear Patric,
. Of course, I wish to also help my single mom, who is in debt. Is there anything specific you could advise to google?
I love how you write. Not only do you give good info, but also in a unique, interesting, reader friendly way. Thank you very much for sharing your thoughts. You’ve brightened up my day!
I would be extremely greatful if you could possibly direct me to where I could look up proven/tested ways of affiliate marketing, and how to register for it, which are free. (But anything about raising capital in a summer month would be very welcome). I am a virtual university graduate, soon post-graduate and on the way to exceeding my maximum overdraft in the next 2 weeks, if I buy just food