Be a Millionaire: Build Your Cash Machine

Click here for articles from financial coach and author Loral Langemeier.

When will you begin to think and talk differently about money? Are you having conversations about the possibilities and not the roadblocks to financial freedom?

Have you started building your team? I hope so! Remember, you need to learn to earn if you are to generate an endless supply of income. You must change your focus from debt to one of creating cash. And above all, you must take action.

The "Wealth Cycle" is my proprietary system for wealth-building that I wrote about in my first two books, The Millionaire Maker: Act, Think and Make Money the Way the Wealthy Do and The Millionaire Maker's Guide to Wealth Cycle Investing. It is a system of generating cash through a self-perpetuating cycle of assets and income.

Wealth-cycle investors put money into assets directly, without paying middlemen or broker commissions. These assets generate double-digit returns that are then invested in more assets. And it all starts with your "Cash Machine." This is what drives the cash you need for building your assets.

The Cash Machine is a legally structured business entity that uses your skill sets to generate more money now. It is modeled after a similar successful business, using a team to support you along the way. Often Cash Machines are launched in weeks, sometimes days, with cash flow available immediately to fuel your Wealth Cycle.

Why do I place such an emphasis on creating a business -- a Cash Machine -- as a way to enter your Wealth Cycle? Think about it this way.

Tweet