The Multimillionaire process
Read the secret or story behind, how multimillionaire become;
All self-made multimillionaires create their wealth by a carefully orchestrated process. They have and use the entire formula. Despite what you may have read or heard, wealth is not an event. Wealth doesn't drop from the sky or come from a game show. It doesn't ring the doorbell and await you on the front porch with balloons and a check the size of a refrigerator. Wealth does not chime from a machine with spinning bars, lemons, and cherries.Wealth is a process, not an event. Ask any chef and they will confirm that the perfect dish is a series of ingredients and a well-engineered process of execution: a little of this, a little of that, done at the right time at the right place, and wham, you have a tasty meal. Wealth creation has the same method of execution-a fabricated accumulation of many disassociated ingredients into an assembled
whole that has value and is worth millions.
Wealth eludes most people because they are preoccupied with events while
disregarding process. Without process, there is no event.
Take a moment and reread that. Process makes millionaires, and the events you see and hear are the results of that process. For our chef, the cooking is the process, while the meal is the event.
For example, an athlete who scores a $50-million-dollar contract to play pro basketball is an event from process. You see and hear about the big contract, the spectacular “get-rich” event, but you typically ignore the process that preceded the event. The process was the long, arduous road you didn't witness: The daily four-hour practices, the midnight pickup basketball games, the torn ligaments, the surgery and rehabilitation, the rejection of being cut from the junior varsity team, and the resistance to the neighborhood gangs, all fabricates the journey that forms process.
When a 20-year-old sells his Internet company for $30 million dollars, you read about it on a tech blog. The event is lauded and showcased for all to admire. Sidelined is the process-you didn't hear about the long hours of coding the founder had to endure. You don't hear about the cold dark days working in the
garage. You don't hear about how the company was founded on credit cards at 21.99% interest. You don't hear about the founder and his rusty P.O.S. Toyota with 174,000 miles.
Avoid the Spending Trap
When J. Darius Bikoff founded Glaceau Vitamin Water in 1996 and 11 yearslater Coca-Cola offers him $4.1 billion for the company, the offer makes headline news around the world. What doesn't? The 11 years of struggle forged by a sharpened process. The billion-dollar offer is the event-the process is thestruggle and the backstory.
The sale of my company climaxed in an event, but its fruition was carved by process. Outsiders see the nice house and the expensive cars and might think, “Wow, if I only could be so lucky.” Such a belief is a mirage of event over process.
All events of wealth are preceded by process, a backstory of trial, risk, hard work, and sacrifice. If you try to skip process, you'll never experience events. Unfortunately, as a media-driven, “I want it now” society, we spotlight and glorify the event, but usher the process behind the woodshed, carefully drying its sweat from the public cognition. However, if you search long and hard, you can always find the process, buried in another story or in the trailing paragraphs that glorify the event.
When you make your first million, it will be because of process and not some clandestine happenstance that just happened to waltz across your path. Process is the road trip to wealth: The destination shines as an event, but it's found by process. Yes, the elevator to success is out-of-order-you'll need to hit the stairs.
Source: The Millionaire Fastlane by MJ DeMarco