Millionaire Story: Sara Blakley – SPANX Inventor

What have you been doing the last decade or so? I retired in 2010 and thought I was doing great by starting several websites and landing writing jobs at several others.

After reading Sara Blakley’s story, I feel like a real slacker!

In just four years she went from working as a saleswoman for someone else to inventing a new product, starting a new company, getting noticed by Oprah and meeting Richard Branson. In the following years she went on (with her CEO Laurie Ann Goldman) to grow her company (SPANX) to a multi-million dollar enterprise and landed on the Forbes list of self-made billionaires (she is now just 42 years old). Continue reading

Roosevelt’s Wealth Building

Ken Burns has done it again. He has created yet another fascinating documentary – this time one about Teddy and Franklin Roosevelt as well as Eleanor. We’ve been watching the 9 part series on PBS all week. These two men had a great influence on the direction the government of the United States has taken (whether you like that direction or not).

The documentary acknowledges that both men and Eleanor were endowed with inherited wealth. Having that wealth allowed them to gain access to education, people and experiences that helped them become the men and woman they were. Without it, America may well have been a different place. Continue reading

Why You Won’t Be Rich

One of my new favorite poems is from “My Wage,” The Door of Dreams, by Jessie B Ritenhouse:

“I bargained with Life for a penny,
And Life would pay no more,
However I begged at evening
When I counted my scanty store.

For Life is just an employer,
He gives you what you ask,
But once you have set the wages,
Why, you must bear the task.

I worked for a menial’s hire,
Only to learn, dismayed,
That any wage I had asked of Life,
Life would have willingly paid.”

If you are working for a salary or hourly wage, especially if it is a low one, you may be asking too little of life! I know I did for years.

But this really is just one of the reasons you might never accumulate wealth. In my book Choose Wealth – Be a Millionaire by Midlife, I have detailed what I think are the reasons many of us don’t reach financial independence. This post will give you a taste of those reasons. Continue reading

Choose Wealth! Be a Millionaire by Midlife.

Jamaca beach flattenedHave you ever wondered how people get rich? Why is it that some folks manage to accumulate significant amounts of wealth while others just scrape by?

Only 1/4 of Americans end up with more than half a million by their 60′s. Will you be one of them? I am.

You don’t have to be a best selling author, a rock star musician, a tech guru wizard or a high powered lawyer to be a multimillionaire, you just need time and persistence. Anyone can do it if they know how. YOU can do it if you want it badly enough, learn how and persist. You just have to choose to be wealthy. This book helps you figure out how to choose wealth.

My new book, Choose Wealth!  Be a Millionaire by Midlife, is now available – on Amazon, Barnes and Noble, iTunes  and many other online outlets. I’m so excited to have completed this effort and hope that folks find it helpful in pursuing wealth of every sort, whether financial or other. Continue reading