How You Can Become a Millionaire via Your Hobby
By Charles Goodwin
Greetings! I have been preaching my wealth creation principles for many years now from the "pulpit" of the Internet and consider it a high honor that I have been able to assist so many of you to commence upon this exciting path of wealth creation, freedom and abundance.
Please accept this one fact – a fact that I am totally and utterly certain of – becoming a millionaire via my wealth creation principles is within the easy grasp of just about everyone one in the western world. So if you are not "making it" right now – that is – what you have been doing up till now has not financiallyworked for you, why don’t you embrace my teachings until my "knowledge" becomes your "knowing". Remember, a guru or a teacher is only ever the bridge to your inner knowing. Once you have crossed the bridge to your destination the bridge fades into the illusory past and becomes obsolete.
Those of you who have read my other articles (or my book), know that I am not about advising you to borrow money, use existing funds or income, speculating, investing or even "making money". I teach the direct route of Wealth Creation. That is, a millionaire is a person whose net assets in a non fire sale situation, if sold, would bring a price in excess of a net million dollars.
So if you want to become a millionaire fast – we ask the simple question, what is a quick and easy, sure way of increasing your net assets by $1,000,000.00? Now most of you have jobs and families to support, so to avoid burn out, you will need to create this million dollars in assets, not only part time, but also in an enjoyable and relaxing way.
When I was a ten year old in the late fifties, I lived in basically what was a satellite English migrant city in Australia. Almost all families were struggling and times were hard. I recall my father scolding me harshly when he found out that I had wasted my money on buying a few comic books. (I particularly liked "The Phantom").
One morning, in my school holidays I placed my collection of about a dozen comics in an old wooden go-cart and went door-to-door offering to swap my meager supply of comics three for two. Within a few streets my poor old go-cart couldn’t cope with the weight, so I also starting offering to sell my treasures at about a third of retail price. A few hours later, I found I no longer needed to go door to door – all the kids and often their parents came to me in the street. My pile of notes and coins was now piling up as fast as my pile of comics. I leant a lot that first day.
he next morning I was more prepared. I enlisted the help of two schoolmates. We took it in turns to push a large old Victorian pram and added a blanket upon which to lay out all the comics. We had crude signs stuck on the side of the pram and an old strapless handbag for the money. Needless to say we made a killing! The bush telegraph system worked and wherever we went we were swamped with eager customers. In today’s values I probably was creating several hundred dollars a day – a fortune for a ten year old, yet never dared tell my father that those same comic books were now creating more money than he was currently earning.
When the marble craze hit our school, guess who used the same principles? (But "my head master sanctioned school casino with marbles as chips" is another story.)
I later called this system the "arbitrage-compound system of wealth creating" and have used it to this day. Assets, even at a 50% mark up as in the above example, grow to staggering totals if left to multiply unhindered. That is why casinos just love punters who use the many variations of the "double up system". Like the casino barons, the wealth creator uses these principles to his or her own "wealth" advantage.
Now you can start your wealth program with any commodity, however, like a 10 year old lad with his comic books, if you are passionate and/or have a wider than average knowledge about a certain subject then trust me when I say, you already have the ability to fast track your millionaire status.
In my book and other articles, I have used numerous examples of real cases of people just like you who have used their hobby to become wealthy in their spare time.
A recent example, Paul, one of my early readers, shared with me that his passion and hobby was of all things "sea shells". Needless to say, his knowledge on the subject compared to mine, seemed immense. He explained that over the Internet and via magazines, collectors communicate with each other and swap and buy and sell thousands of different types of shells.
Many bring a $1,000.00 plus! Just like I had never considered investing in seashells, Paul had never considered, until he had read my writings, that his hobby and passion could make him super rich. Paul visited me a couple of weeks ago and excitedly told me that the day previous, he picked up in a second hand shop 5 small shells, all of the same species for only $100.00. The dealer grinned like a Cheshire cat at the victory of selling some schmuck 5 worthless shells for a hundred bucks.
Paul had a ready market for those rarer shells at a thousand dollars each! Now please see the difference. The dealer, from his $100 has to pay his overheads. Paul will use the $5,000 to purchase up to $15,000.00 worth of shells. Paul’s wealth total will accelerate an extra $14,900.00 in one buy-sell-buy cycle. The dealer’s $100 became lost in the overheads quagmire.
Another example: An acquaintance of mine began his dinky toy car collection as a boy. His collection "Wealth Total" is also now valued well over a million dollars. Get the picture?
Other readers have successfully used for their wealth program to riches, hobbies involving paintings, jewelry, coins, stamp collecting, gold nuggets, old electric guitars, old bikes, china, postcards, teddy bears, model railroads, signatures, sporting souvenirs - old share certificates - in fact virtually any hobby can be used to kick start your wealth program.
You see with your hobby you already have the knowledge base and the passion - couple this with a wealth program and your future becomes excitingly assured.
In these series of articles and in my book I have laid out an easy, well proved and virtually failure proof plan for you to become a millionaire. Yet I can only sow the seeds. The watering and the caring needs to come from within you.
And remember, it starts with a decision!