$1 Stock Commission - Interactive Broker

Millionaires know a good deal. Here is my recommendation to you future millionaires/billionaires - Interactive Broker. I have been using them since March this year. It is definitely cheap, but you've got to learn and understand what you are doing. The online interface is very basic, i.e. not very user friendly. This site has a direct link to the stock market. There is no human involved in executing your trade. Absolutely efficient!

Check out their fee chart

Warning: For those of you who need lots of stock support & advice, Interactive Brokers will not give you that.

Mountain of Change

Lincoln once said: It often requires more courage to dare to do right than to fear to do wrong.

To do the right often requires change. Most people don’t like change because our life is so comfortable; it doesn’t really need the change. Even though the changes are for the good, do I really need to change?

Successful people love changes. Change is fun and exciting. Without climbing up to the top of the mountain, there is no way you can find out how great the view up there is.

Embrace Change! Climb the mountain of change. It is hard work, but it is fun and it is the only way to get you out of the valley.

Everything comes from your mind. What you believe is true is always true. What you don’t believe would never be true. People like to argue is this nature or nurture? As much as I am concern, it does not matter where it comes from, as long as you believe your ability. It will happen.

Board of Directors

Companies have board of directors. President has advisors. CEO has executive staff. Who are on your board of directors? Who is going to celebrate your victory? Who is your shoulder to cry on?

To achieve anything in life is a team sport. You may fly solo at times. But even flying solo would need people to help you get the plane ready, fuel it up and prepare you for take off. You are surrounded by other people’s creation ALL the times. Even when you are sleeping, you are wearing and sleeping on things that are created by others.

Just like running a company, you need to know what you are great at and what you are not. For the areas that you are not great at, find someone to be on your board of directors that can support and help on in those areas. Here are some areas to consider:

Products (Who are you? What will you be selling)
Marketing (How would people find out about you?)
Sales (How would you sell to others?)
Order (Who would you deliver?)
Services (Who do you keep your customer happy?)
Technology (IT)
Finance
People (HR)
Legal
Partners (Who else can help you in addition to your board of director?)

Millionaire's Emotion

We are injured and hurt emotionally, not so much by other people or what they say and don't say, But by our own attitude and our own response. - Maxwell Maltz

Do you get mad easily? Do you get sad easily? Do you get really happy easily? What kind of emotion do you fill yourself with?

Nothing has meaning except the meaning you give it. Realize that certain people upset you because you let them upset you. I am not saying you should play your emotion down. If you are happy or upset, face it and deal with it. Don’t tell yourself ‘it is okay’. If it is not okay, deal with it! Some of my loved ones often say, ‘It’s okay. I can deal with it.’ What they are really saying is that they will suck it up. Don’t suck it up.

Rich and Successful people deal with their challenges and problem by facing them, not avoiding them. If certain things are making you upset or angry, tell yourself that you are a bigger man (woman) that this silly challenge. Not only you are overcome this, you will take control of them.

You are a powerful and successful person and nothing can stop you!

Friends are food?

There are many levels of friends. Friends are like food to me. You can’t live without them, but you don’t necessary love to eat all of them all the time.

The Carbohydrate - Rice, Noodles
They are boring, but you need them. We don’t really care too much about them, but they are always there. We don’t usually put too much thought when we are cooking or eating them. They are just there. But if one day they go away… we would not be able to survive. Family belongs to this category too.

The Fiber - Vegetables
They are great for us! They provide extremely great nutrients (advice) that we really need (and hear). We don’t love them. Simply become they are not that exciting. We all know they are essential and we probably need to eat them everyday, but we usually don’t. If we only have vegetable everyday, we will be really healthy. But lots of time, we just avoid them and prefer the good stuff – the High Calories.

The High Calories – Meat, Dessert
They are so tasty, but so bad if you have too much. We cannot survive with only meant and sweets. We will die. We cannot only have friends that sugar-coat everything. But they are fun to hang with and they make you feel good. You got to live a little once in a while.

What kind of friends are you? What who do you have around?

Desire

Napoleon Hill once said:

There is one quality that one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it.

Many people drifting life with great quality and purpose, but missing the burning desire. You might say you want something. How bad do you want it? If you don’t have it, what would happen? It cannot be NOTHING!

Imagine if a mother is in labor. Her doctor says ‘Push! You got to push the baby out!’ The mother say: ‘I don’t have the desire to do this….’ What could happen? Of course most of us are not experiencing labor and don’t usually encounter this kind of life and death situation on a daily basis. If the only way to get your desire out is to put yourself at streak in situation like this, you got to do it now.

What is your desire?