Do you know the biggest secret of most of the world’s wealthiest entrepreneurs? Nearly all of them have experienced a personal bankruptcy, or at last a huge failure that left them to start building their careers all over again. Yes, I mean people like P.T. Barnum, David Buick (founder of Buick Motors), Walt Disney, James Folger (founder of Folger Coffee), Henry Ford, Conrad Hilton, J.C. Penney, Sam Walton, William Fox (founder of 20th Century Fox Film Corp.), H.J. Heinz, and Frank Lloyd Wright…to name just a few.
What did they know that you don’t know? The legendary Dan Kennedy, known as the “millionaire maker” coach, says that bankruptcy is a profound experience that leads the entrepreneur to fully realize just how replaceable money is! Creating wealth requires a willingness to take risk and experience failure…and to recover from it quickly and decisively. According to Dan, the one secret shared by successful entrepreneurs is the absence of fear.
“Fears about money inhibit your wealth attraction powers. Absence of fears about money releases your full wealth attraction power.”
Not convinced yet? Let me tell you about two well-known multi-millionaires, both stars of the best-selling book and video The Secret.
John Assaraf was an immigrant from the Middle East living in a poor neighborhood in Canada. He spent most of his teen years running with a group of kids who kept getting into trouble. In high school, he started down the path to becoming a professional athlete, but a freak car accident ended his prospects for pro basketball forever. Yet he managed to overcome all that, without even getting a college degree, to build four multi-millionaire dollar businesses. Now John is known as an internationally bestselling author, speaker and coach.
Joe Vitale, another start of The Secret, was once homeless and living in poverty. He is now a best-selling author and coach, and is considered one of the pioneers of internet marketing. His rags to riches story has inspired thousands of people to create online empires. Joe is often called the Buddha of the Internet for his inspirational and spiritual approach to creating wealth.
What all of these gurus would tell you is…if they can do it, you can do it, too! And they all got where they are by thinking BIG, and by caring about something beyond themselves.
So, for today, let’s put fear aside and envision your idea life…a life filled with passion, success, and everything you need to make you happy.
Next: Leveraged business models (Stop trading time for $)






