So You Want To Be A Millionaire?

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There is no specific formula you can use to become a millionaire. At school, we are told that receiving a proper education is all that we need to do well in society. However, a recent study by Professor Gary Cooper of the University of Manchester has proven this wrong. Professor Cooper studied the lives of successful entrepreneurs and discovered that 60 percent left school early, either due to expulsion or boredom. Other studies show that there is little connection between how well children do at school and the success they achieve as adults.

At the moment, there are 95,000 millionaires in Britain alone. Those who recently became millionaires come from a wide variety of backgrounds. The easiest way is to start out wealthy. In a survey of the richest 200 people in Britain, more than 50 percent inherited money. Twenty-five per cent of those who head large corporations were born into wealthy families.

If you are not born wealthy, you may be able to take advantage of your good looks. Dr. Raymond Bull of Portsmouth University says that good looks make early life easier. He then adds that people expect a good-looking person to be kinder and more efficient. However, don’t be surprised if you find yourself employed as a decorative figure due to your good looks, while your less attractive colleagues are moving up the career ladder.

Professor Cooper divided successful people into two categories: the entrepreneurs and the intrapreneurs. The former often left school early and had several business disasters. However, in general, they are very determined people. The latter, on the other hand, have risen up through the levels of organizations. They are the children everyone thought would do well. Over half of them went to universities. They are good organizers and get on well with people. One dramatic difference between Cooper’s two groups is that many of the intrapreneurs felt that they had been the victims of discrimination early in their lives. This has not been the case for entrepreneurs.

Nonetheless, even if you were born poor and lack good looks, there is still plenty you can do to improve your chances of success. There are many self-help manuals available to help you reach the top. There is even a magazine called Personal Success, filled with ads for courses that will transform your thinking and behavior. Most of today’s courses on positive thinking originated in the United States. Many start by emphasizing the importance of self-belief and its role in being successful.

All these methods are the result of the fact that the old idea of a career ladder leading to success in big corporations no longer applies. There is a much greater emphasis on personal development. However, what none of these methods do is look at the quality of your life or consider whether the price of success is too high. Most entrepreneurs are anxious people who are not strangers to self-destructive behavior. Twenty-five percent of top executives are unhappy with the long hours they have to work and the destructive effects this has on their family life. It seems that true success turns out to be based on more than motivation. There is a need for harmony, creativity, and healthy relationships.