So you have finally made it. You have traveled down the enlightened millionaire path and accumulated more wealth then you could ever hope to spend. You are a millionaire multiple times over and now you are looking for help to put your money to good use within the community you grew up in.
For starters, congratulations! Not everyone that commits to becoming a millionaire actually achieves this goal. There are many that get lost along the way. There is much to be said about the importance of the journey, but the destination is just as important as the journey. If you are now a multi-millionaire you already know this. Setting and actually obtaining the goals is just as important as what we learn along the way.
Now, if you have learned anything in becoming a multi-millionaire you realize that part of enjoying life and being successful involves helping those around you. Now that you are a millionaire several times over you are in a great position to help improve your surrounding community.
Community Improvement Ideas for the Millionaire
Build a Library – Every good community needs a library to serve the needs of both the young and the old. In cities and counties where the budget is tight, a large donation from a millionaire such as yourself may be just what the doctor ordered to get community library off of the drawing board and into the construction phase. What better way to leave your stamp on the community then by giving the gift that keeps on giving. As the youth that benefit from your community library grow up they will share the joy of books with their kids and grandkids and so on for generations to come.
Build a Skate Park – Just because you are a millionaire doesn’t mean you can’t contribute to the community in a fun and exciting way. Kids need constructive avenues to vent their frustrations and burn some energy. Why not build these kids a skate park so that they have a gathering place to hang out with their friends. This will help keep some of these troubled kids off the streets and away from gangs and crime. They can channel their energy into learning how to skate and having fun rather than causing trouble in the neighborhood. Bored kids cause trouble, so by eliminating their reason for boredom you have become part of the solution.
Sponsor a Youth Sports Team – You have always wanted to be an owner of a sports team. Why not take advantage of your millionaire status and sponsor a sports team for the youth. Kids need multiple avenues to expend their seemingly endless supply of energy. What better way to allow them to do so then in a constructive sports environment? In this environment kids will learn to play within the rules and improve their teamwork.
These are just a few ways you can contribute as a millionaire to the future health and strength of your community. The ideas are centered around helping the community’s youth grow up in a positive environment. There are of course other ways to impact the differing age groups of the community, but perhaps the most lasting impact you can have will be derived by doing something that is entirely for the youth. So now that you are a millionaire and set for life, go make a difference in your community.
Spending the Millionaire Cash Flow
Are you sure you want to be rich? I mean really rich? Like the kind of rich where you have so much cash flow coming in you don’t even know what do with all this money – except for swim in it. Being a millionaire would definitely be great. Think about all the great things you could do with your millions in cash flow.
The One Great Way to Make Money
Is there one great way to make money? The simple answer is no. In fact there are a variety of great ways to make money. Just ask Robert Allen or Mark Victor Hansen, two of America’s foremost experts on creating wealth. A few of the great ways to make money include investment (be it in real estate, mutual funds, stocks etc.), entrepreneurial ventures, or via rapid corporate promotions. Each path to wealth offers its own unique advantages, but if you are looking for the one great way to make money that anybody can follow then you have come to the right place.
Management Fundamentals
For beginning business students learning the business terminology will go a long way in ensuring you perform well in your classes. Not all families have a strong business pedigree and many of us must learn the business basics the old fashioned way – on our own. If you don’t know what management is or what the financial reporting process entails, then this is a great place to start. To jump start your busing understanding here is a brief overview of some fundamental business terms.
