Introduction to "The Millionaire Maker"

The following is an excerpt from my book THE MILLIONAIRE MAKER   Act, Think, and Make Money the Way the Wealthy Do

-Loral Langemeier

INTRODUCTION

I was on my way out of the office when the television producer called.

“Loral,” she said. “We want to do financial makeovers.”

“Sounds good,” I said. I put on my headset and went to my car. The sun was still high over the hills of Marin County, just north of San Francisco. I figured I could get a bike ride in with my son Logan before dinner.

“But we have a problem,” she said.

“What’s the problem?”

“Well, we want to do a series of TV segments throughout the year, where we take a family and help them build wealth.”

“That sounds good,” I said.

“Did you hear what I said?”

“You want to help them build wealth.”

“Right, we don’t want to tell them how to build wealth. We actu­ally want to build their wealth. On TV,” the producer said.

“And?”

“And, you haven’t hung up on me.”

“Should I?” I asked.

“Well, we’ve talked to a few well-known wealth builders and asked them to do the show. And they told us that they could work with people on their perspectives about money and their behaviors, but that they aren’t comfortable assuring us that they can actually make people wealthy on TV.”

“That sounds like the reason I came into this field in the first place.”

 “Do you think you can do it?” the producer asked.

“I know I can take anyone, anywhere, and make him or her wealthy.”

She laughed.

I didn’t.

She cleared her throat. “Really?”

“Really.”

I make millionaires. It’s that simple. I have a straightforward, strate­gic approach to creating wealth. The key to my approach is a propri­etary system I created several years ago called the Wealth Cycle Process, which is a method of generating cash through assets and income. In this wealth-building process, your money truly works for you. Even if you start out with a great deal of debt, once you set the Wealth Cycle Process in motion, you can be on your way to having everything you ever wanted much faster than you ever thought possi­ble. The truth of how to build wealth has been known forever, but most wealthy people have never taken the time to share this informa­tion. By understanding how the wealthy make money, you can too.

I was not born with money or connections. I grew up on a farm in Nebraska, where I woke up early every morning to do my chores and went to bed early each night so I could wake up early again the next morning to do my chores. From the time I was a kid on the farm to my teenage years I worked hard creating my own busi­nesses; in my early adulthood I worked for a large corporation and juggled my own ventures on the side. I was always pushing myself to create enough money to live the life of my dreams.

And then I figured it out. I discovered the Wealth Cycle, the key to financial success. Now I live the life of my dreams, where money is abundant and I can focus on the things that matter to me: my family, my friends, my health, and my passions. Making money and living a life free of financial concern is doable—for everyone. And because I was brought up to believe that you have to give to get, I took what I learned and created the Wealth Cycle Process.

Too many people think they can’t have a lot of money. The fact is

 1. You possess every tool you need to make a lot of money.

2. Wealth is about access, and now you can finally access the information and opportunities too long kept in too small a circle.

3. There is no such thing as a self-made millionaire; it takes a team to make those millions.

4. Taking control of your money takes stress and risk out of your life.

The Wealth Cycle Process is a concrete plan. Too many wealth programs are abstract, and that means too many people are learn­ing a lot of interesting, but not very helpful, concepts. Activity, not concepts, will help you take the actual steps toward wealth. Think­ing like a wealthy person is good; modeling your behavior after the wealthy is better. The Wealth Cycle is about massive action. My approach, which involves a community of Team-Made Millionaires, supports moving forward with hope and optimism and a belief in our ability to be successful investors. Many other wealth-building programs lose 30 to 40 percent of their clients in the first year, whereas the attrition rate of my coaching programs is less than 1 percent—and it works for people from all walks of life. For exam­ple, our Team-Made Millionaire community includes

1. A construction manager who, within eight months of beginning the Wealth Cycle Process, initiated a project from which he would personally earn over $12 million in the next two years

2. A middle-aged woman making a fair salary at a telecommu­nications company, putting her savings into a 401(k) and hating every day of work, who became an avid student of the Wealth Cycle Process, drove two hours every night to a bread-and-butter real estate market, and within nine months of working with us was a millionaire

3. A receptionist at a law firm making $24,000 a year and spi­raling down in debt, who wanted to start her own business and initiated the Wealth Cycle Process with a dog-walking venture that increased her annual salary to $100,000 and pushed her to millionaire status in just a few years

As I said, I make millionaires. It’s that simple.

Meanwhile, the television producer asked if I could meet her a few days later in a small town outside of Oakland, California, to tape the first segment. “We’re going to roll tape that day, Loral,” she said.

“Are you sure about this?”

“I’m positive,” I said.

But she wasn’t. “We have a family of four who are in debt and the mother’s about to lose her job. I just want to be clear. You said you’re going to get them on the road to wealth in several television segments shot over six months?”

“Yes,” I said.

"How would it work?” she asked. I could tell she was nervous about the possibility of having a crew, not to mention an eager fam­ily, standing around watching me stand on my head, with no clue what I was doing.

"I will ask them eight questions in eight minutes and come up with a wealth plan for the rest of their lives,” I said. “That will be the first segment. Then we’ll put the plan in place, and by the end of the series, they’ll be on their way to becoming millionaires.”

“Loral, our audience has no patience for theory—”

“Neither do I,” I said. “The Wealth Cycle Process is not about theory, and I don’t present broad strokes that gloss over details. This is a practical approach to becoming wealthy. I will walk this family through the Wealth Cycle Process very specifically.”

“But all our viewers need to feel that it can apply to them.”

“No problem. You can give me someone who’s severely in debt, you can give me a single mom on a low income, you can even give me a guy who’s living a big lifestyle on fumes. I can take all of them and make them millionaires. My approach meets them exactly where they are and takes them all the way to a new life.”

 “Great, maybe I’ll do it myself,” she said.

 “Of course, you will,” I said. “I’ll see you in a few days.”

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 Loral Langemeier  is the founder of Live Out Loud, a coaching and seminar company that teaches wealth building techniques. Learn tips from the financial strategist at The Millionaire Maker. Please join us by clicking here.