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With Robert G Allen at NAC Singapore

Robert G. Allen is America’s foremost #1 millionaire-maker.  Widely known for his 1980 colossal best seller “Nothing Down” which established him as one of the most influential investment advisors of all time, Robert Allen’s other best-selling books include “Multiple Streams of Income”, “The One Minute Millionaire” as well as “Creating Wealth”.

Recently at the NAC Singapore, also known as National Achievers Congress, I had the pleasure of listening to Robert Allen, millionaire, live on stage.  A popular talk-show guest, here are 7 millionaire questions by this multi-millionaire.

According to Robert G Allen, you are your wealth.  It is from within you that exudes a strong ability to acquire anything you want.  However you need to ask yourself the millionaire question #1:-  What is it that you really want?  You need to be able to have a vivid vision of your deepest desires.  Have the ability to see it, feel it, hear it, smell it and taste it.  This will make it much more real.  Visualize it with all your 5 senses.

Millionaire question #2:-  Do you have multiple streams of income?  In his book “Multiple Streams of Income”, Robert Allen covers ten streams of income which include investments in the stock market, buying and selling of options, investing in real estate, internet marketing, network marketing, infopreneuring and licensing amongst others.

Millionaire question #3:-  Do you earn money while you sleep?  Ultimately this is what you would aim for.  Earning passive residual income would be income that is earned with little effort required to maintain it.  Examples would include royalties and dividends.

Millionaire question #4:-  Do you have the right mentor?  As in any business, if you wish to be successful and increase your learning curve, you would do well to find someone who is a success in the field of your choice and pay them to teach you how to do it.  This will be money well spent.

Millionaire question #5:-  Are you using proven systems?  System is an acronym for “Saving YourSelf Time, Effort and Money”.  When you do not have any system, you will get nowhere.  It is not necessary for you to re-invent the wheel.  Make use of proven systems that have worked for others.  This will help you reach success faster.

Millionaire question #6:-  Do you have your million dollar idea?  Here, Robert G Allen shared with us the secret of finding million dollar ideas via Google.  When you do a search on Google, instead of going through just the first five pages, go to the bottom of Google to find your million-dollar idea.  Then you can negotiate for exclusive rights to the product or service and start to market it.

Millionaire question #7:-  Last but not least, do you have the courage to act?  You cannot expect to succeed without taking action.  As Johann Wolfgang von Goethe put it:-  Knowing is not enough; we must apply.  Willing is not enough; we must do.

So how badly do you want success?  How deep is your desire to become like Robert Allen, millionaire with multiple streams of income?  Robert G Allen is a millionaire maker.  Listening to him at NAC Singapore was an eye opener.  However, it is not enough listening to such millionaires if you are not willing to put your foot forward and take action.  Check out the book by Robert Allen, “Multiple Streams of Income” for more ideas or visit his website.