Real Estate Millionaire
...12-Month Real Estate Millionaire Mark Rolton Part #1: My Million Dollar Profit Story Table of Contents Forward ........................................................................................4 About the Author .........................................................................9 About this Book ..........................................................................11 It All Starts in Your Mind ...........................................................15 You are what you think .......................................................................................15 What questions are you asking? ..........................................................................16 A new approach to wealth ..................................................................................17 What is Money? ..........................................................................20 A case for karma? ................................................................................................22 Cashﬂow from Control? .............................................................25 Developing short-term cashﬂow ..........................................................................26 Options give you time .........................................................................................26 12-Month Real Estate Millionaire - Part 1 2 Copyright © 2012 by Mark Rolton All rights reserved. No part of this book may be reproduced...
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...A model is a simplified representation of some aspect of the world. In what ways may models help or hinder the research for knowledge? A model by definition is “a schematic description of a system, theory, or phenomenon that accounts for its known or inferred properties and may be used for further study of its characteristics” that implies that a model is supposed to be a helping hand while searching for knowledge in any subject. Sometimes however models can appear to be quite confusing as they are to general or too far away from real life situations. So how and in what way models can help and hinder the search for knowledge in natural sciences, human sciences and arts I am going to argue in the following essay. In school we learn all our subjects with the help of models and especially in natural sciences we need them in order to assume what might happen if, say in biology, in a cell there is a lack of oxygen and we know and can explain with a model of a cell and of the respiratory cycle how anaerobic respiration works and what it does and needs. With the help of the model and through logical connecting of facts that the student might already have, he can develop the thought in his or her mind and therefore gain new knowledge about a theoretical process that was proven to take place in the human body. Another model, which however is not as accurate also in Biology is the Sigmoid Population growth curve. It displays the population growth of a species over a period of......
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7 Secrets of Self Made Millionaire
...7 Secrets of Self-Made Millionaires By Grant Cardone Learn how to generate multimillion-dollar wealth -- and enjoy the journey on your way to the top. First, understand that you no longer want to be just a millionaire. You want to become a multimillionaire. While you may think a million dollars will give you financial security, it will not. Given the volatility in economies, governments and financial markets around the world, it's no longer safe to assume a million dollars will provide you and your family with true security. In fact, a Fidelity Investments' study of millionaires last year found that 42 percent of them don't feel wealthy and they would need $7.5 million of investable assets to start feeling rich. This isn't a how-to on the accumulation of wealth from a lifetime of saving and pinching pennies. This is about generating multimillion-dollar wealth and enjoying it during the creation process. To get started, consider these seven secrets of multimillionaires. No. 1: Decide to be a multimillionaire You first have to decide you want to be a self-made millionaire. I went from nothing — no money, just ideas and a lot of hard work — to create a net worth that probably cannot be destroyed in my lifetime. The first step was making a decision and setting a target. Every day for years, I wrote down this statement: "I am worth over $100,000,000!" Related: 7 Rules for Coping with Sales Rejection No. 2: Get rid of poverty thinking There's no shortage of money on......
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...The specification says ‘explanations’, which means you’ll need to know at least two explanations. 1. The importation model – this explains aggression in prisons. In brief, it says aggression occurs because of characteristics that prisoners bring inside with them. Cheeseman (2003) said that men in prison have a certain way of behaving (probably why they went to prison in the first place!) and they then apply that behaviour to their new institutional setting. Toch (1997) says this: all prisons inherit their subcultural sediments from the street corners that supply them with clients. This suggests that young people can be aggressive both on the street and in prison. Personal and psychological factors that existed in inmates before being incarcerated can affect the level of aggressive behaviour shown in prison. Mills, Kroner and Weekes (1998) studied prisoners admitted to a Canadian prison using the alcohol dependence scale (ADS). Inmates who had higher levels of dependence were associated with more aggression shown in prison. Also, inmates who had greater periods of unemployment, lower levels of education, and a more serious criminal record were more likely to be aggressive in prison (Kane and Janus, 1981). Demographic variables that seem to influence aggression in prisons are race and age. Studies in America have shown that non-whites and younger prisoners are more likely to be aggressive whilst incarcerated. Kane and Janus (1981) say that this is because these......
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Millionaire Next Door
...While reading the book The Millionaire Next Door I liked the very first part “Meet the Millionaire Next Door.”(7-25) This part gave a lot of statistics that were found from the author’s surveys. I was always under the opinion, like the majority of people, that a millionaire is somebody that has the huge mansion, inherited money from parents, spent thousands on clothes, etc. That is where I found out I was wrong. The first chapter stated that more than half of the surveyed millionaires have never earned as much as a dollar of inheritance, and less than ten percent of the millionaires thought they would never earn another dollar of inheritance. I liked this chapter for setting the record straight on what millionaires actually are. A section I really didn’t care for in this book and probably disliked the most was the “You Aren’t What You Drive” section. From the chart on page 114 it was clear to me that I didn’t like this part of the book. The average price paid for a motor vehicle seemed to be around 30,000 dollars by these millionaires. I happen to know that there are a lot of very fancy looking vehicles that can be bought at this price. The Chevy Camaro, a really nice pickup truck, the Ford Mustang, the Scion FR-S to name a few. These cars can all be bought brand new or a couple years old for the average price spent by the millionaires surveyed. This section tried to make it seem like the millionaires are driving low quality vehicles when they ranked the top......
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...IJFPSS, Vol.1, No.2, pp. 35-38, Dec, 2011 H. Darestani Quality excellence model: A review of researches in Developing countries Wan Khairuzzaman Wan Ismail1, Hassan Darestani2*, Maziar Azimzadeh Irani3 1 2 International Business School (IBS), Universiti Teknologi Malaysia (UTM), Malaysia Faculty of Management and Human Resource Development, Universiti Teknologi Malaysia (UTM), Malaysia, 3 International Business School (IBS), Universiti Teknologi Malaysia (UTM), Malaysia firstname.lastname@example.org (Received Nov 2011; Published Dec 2011) ABSTRACT There have been fundamental changes in management since 1950, and these changes are still affecting enterprises around the glob. Quality as the main issue of these changes has received special consideration. The European foundation for quality management (EFQM) was established in 1988 in order to achieve quality leadership and continuous improvement. EFQM is a model which is designed for all kinds of organization and with utilizing self assessment as a strategic tool helps companies to identify their weaknesses, strengths and areas of improvement. This paper reviews some of the studies conducted in developing countries about applying EFQM in enterprises with special attention to small and medium-sized enterprise (SMEs). The main purpose of this study is to find whether EFQM model have been successful in building winning and efficient organizations in developing countries. Due to the situation of global market and competitive...
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Slumdog Millionaire Oscar
...PGDM 2009-2011 Business Communication II Did Slumdog Millionaire deserve the awards it got? Submitted to: Prof. Virupakshi Goud Submitted by Section C Names: Rachit Bhatia 2009156 Rachita Gulati 2009157 Declaration We, Rachita Gulati and Rachit Bhatia have prepared this report solely for our BC II project. We accept that every coin has 2 facets and we have tried to consider both the perspectives for the said scenario. But then again we might have been biased towards a single perspective. Here we declare that such an instance should be seen as unintentional. While writing this report we have included certain personal opinions and so, it must not be seen as containing derogatory remarks. Place: Nagpur Signatures: Date: 15 December 2009 Acknowledgement We would like to thank Prof. H Virupakshi Goud, Business Communication professor, for giving us this interesting and highly debated topic for the project. This helped us in attaining a lot of information about the film industry, films and awards. This project also helps us to sort out the differing view of people and thus giving a new line of thought to thinking. Thus, it helped us further in realizing the importance of considering all the facets of a situation before giving out a judgement. Abstract Slumdog Millionaire is a 2008 film directed by Danny Boyle based in Mumbai, India’s most popular metropolis. The movie was critically acclaimed in the western world as well as in India.......
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Millionaire Next Door
...Tom Jones Probability and Statistics Millionaire Next Door 12/05/2013 Millionaire Next Door I learned a lot about wealth in America reading the book Millionaire Next Door. The main idea is that people who look rich may not be actually rich. Many people overspend to look the part and have “symbols of wealth” but are actually in a large amount of debt. Actual millionaires live in the middle class income neighborhoods, drive average cars, and wear simple clothing and accessories. One lesson I learned is that income does not equal wealth. The amount someone earns on a paycheck is only 30 percent of the wealth earned in the household. The important this is the amount of income that is invested. It is said that the average millionaire invests almost 20 percent of their income. In the book it says, “Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by 10. This, less any inherited wealth, is what your net worth should be.” Net worth is what separates the average people and the millionaires. I also learned that having a budget is important. Most millionaires have a budget, or they put their money into investments. Although we don’t like to budget, it is good for our spending. A person can only benefit in the long run if they budget their money correctly. Setting an actual budget of what they are allowed to spend does this. Another thing I learned is that time is important; “Time is money”. It is important to......
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Model to Compare
...CapitaLand”, 2014, para 1)1. Automobile Association of Singapore (AASingapore) is a leading motor association which serves its members mainly in roadside recovery services and providing other services(“About AA”, 2008, para 2)2. 2. Evaluate The Opportunities, Threats, Strengths And Weaknesses Of The Organisations Using Strategic Models In order to analyse the two significantly different organisations, an evaluation on their external & internal environments was made using various strategic models to compare and contrast their opportunities and threats they face, as well as their strengths and weaknesses. 2.1 An Organization's External Environment (Coulter, 2013)3 2.1.1 General Environment The general environment, according to Coulter (2013)3, includes economic, demographic, socio-cultural, political-legal and technological sectors. Each of these aspects is evaluated to determine if an opportunity or threat is posed to CapitaLand and AA Singapore. An Organization's External Environment (Coulter, 2013) 3 a. Economic The growing affluence of both the Singapore and China market, which boast a large number of millionaires (Hannah Goldberg, 2014)4&(Neerja Jetley,2013)5, is an opportunity to CapitaLand. Besides that, the global economy has been in a very low interest rate environment. Singapore’s SIBOR has been below 1% since 2008 (Source: http://www.siborratesingapore.com/). This is a boost to CapitaLand, as the buyer can afford to loan more......
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The Model Millionaire
...The model millionaire – Oscar Wilde The model millionaire is a short story written by Oscar Wilde in 1871. The theme of the short story deals with a very materialistic aspect of life in a mercantile world in which the protagonist Hughie Erskine is a complete misfit. Despite of the attractive appearance and charming personality, his lack of money prohibits him from marrying the girl he loves – Laura. Her father demands a total of £10.000 to prove his worth to him and accept him as a son in law. The demand is only of economical character, because of the fact that Hughie quick and easily achieved the acceptance of the father as a person. This issue defines the very essence of the short story, of which it becomes clear that "romance is the privilege of the rich, not the profession of the unemployed." But is that so in the real, contemporary world? Is love only appropriate in the world of the privileged or is it achievable for anyone? This attitude is quite an old fashion way of thinking which is very appropriate of the time period in which the text is written and so the modern man would probably controvert the statement. A controversy claiming that love is a spirit with ability to posses anyone and so the modern expression “Love is for everyone” manifests itself. A second theme in the short story is represented in terms of kindness. It is expressed to its fullest that being kind pays out in the end. Hughie shows his kind side when he generously offers the ‘beggar’ his last......
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The Automatic Millionaire
...The Automatic Millionaire Meet the Automatic Millionaires The book begins with the author David Bach meeting Jim McIntyre after one of his investment classes. Jim requests to meet the author to review their financial situation and the meeting is set. Mr. Bach is amazed as he looks through the McIntyre’s finances and the conversation switches from looking at their situation to asking how they’ve done what they’ve done. What the McIntyres told the author has help himself and many others through this book become automatic millionaires. “A latte spurned is a fortune earned.” The first chapter of the book makes it sound simple enough to become an automatic millionaire, but where does one begin? David Bach tell us through story how easily one spends money and how with just a little discipline, it turns from spending to saving. The author suggest taking the “Latte Factor Challenge” which is tracking your spending for just one day to be able to see your spending habits. Once done one should make a personal decision to live on less and save a little more. Pay Yourself First The secret is, pay yourself first. Although many view this as common knowledge few actually practice it. Make a commitment to practice paying yourself first and choose a specific percentage of your income. The percentage that you choose depends on whether you want to be rich, poor, or middle class. Mr. Bach says that although well intentioned budgeting can be more of a hassle than it’s worth. Instead use......
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Intertextuality in Slumdog Millionaire
...Narisha Reddy Professor Gohar Siddiqui English 2250 - 01 Intertextuality in Slumdog Millionaire Scenes: First question and back-story Slumdog Millionaire is a film adapted by the novel, Q&A (2005) written by Indian author and diplomat Vikas Swarup. The film tells a story of a young boy named Jamal Malik who lived in the slums of Mumbai, India. While he was a tea server at a call center, he ended up on the Indian TV show version of a British TV show called Who Wants to Be a Millionaire? On the show he is asked a series of questions in which he correctly answers all of them. Because he gets so many questions right the police are suspicious that he is cheating. As a result, Jamal is taken to the police office and tortured into telling how he cheated. However, when the police officers replay each question, Jamal explains to them how he knew the answers with flashbacks that end up being linked to different key events in his life. Throughout this film there are many examples of intertextuality. Intertextuality is when some text makes a reference to another text. In the movie Slumdog Millionaire, intertextuality is used to reference Hindi Cinema and the original TV show, Kaun Banega Cororepati. The scene that I will analyze in this paper is the scene where Jamal is in the hot seat of the TV show Who Wants to Be a Millionaire? and he is asked his first question. The scene then goes onto a flashback to his childhood and unreels how he knows the answer to the question “Who......
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Cross Cultural Analysis of Slumdog Millionaire
...prevalent in the movie Slumdog Millionaire. Slumdog Millionaire tells the tale of 18 year old Jamal, a kid from the slums, “slum dog” of Bombay/Mumbai as he is about to answer the final question on India’s version of “Who Wants to be a Millionaire”. The movie opens on Jamal being interrogated by police who think the only way a kid from the slums could make it that far on the show is by cheating. Throughout the movie we see Jamal get asked each question and as a result of his experiences, how he arrived upon each answer. Through these memories, we see Jamal’s experiences with being orphaned, surviving the slums with his brother Salim and trying to find out what happened to their friend Latika. Slumdog Millionaire was took home numerous awards at the 2009 Oscars including Best Picture. There are many cross cultural psychology concepts that are prevalent in this movie. The idea of collectivism vs individualism is a constant theme throughout the movie. Individualistic cultures are those which have many practices and customs encouraging individuals to prioritize their own individualistic goals and emphasize the ways in which they are distinct from each other as well as being self-sufficient. Collectivist cultures are ones in which interdependent goals are more emphasized people attend to close relationships and group memberships more (pg. 206). India is a country that has both individualistic and collectivistic traits. As seen in Slumdog Millionaire, Jamal very collectivist......
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A Model Millionaire
...A Model Millionaire by Oscar Wilde Oscar Wilde’s short story A Model Millionaire was published in 1887 during the Victorian era (1830-1900). The short story tells us about Hughie Erskine, the happy-go-lucky protagonist who is a poor young man with no profession that gets by on life on a yearly allowance by his aunt. Hughie is in love with Laura and wants to marry her, but her father the colonel will have none of that until Hughie can present a sum of 10,000 pounds. Hughie is friends with Alan Revor an artist who is in the process of painting a portrait of a beggar who turns out to be the millionaire Baron Haisberg. Erskine feels compassion for the beggar not knowing that he is a millionaire and shows his compassion for this beggar by given him his last soverign. The beggar aka Haisberg finds this deed so admirable that he gives him a gift of 10,000 pounds that he needs to marry Laura. During the Victorian era when this short story was written much focus was on the disparity between rich and poor partly caused by the industrial revolution. This short story deals with that issue in a somewhat lighter tone and centers on the materialistic impact on life. If you do not have success materially you will also fail in love or marriage as it seems to be required that you posses money in order to obtain marriage. However, in the end the theme of morality often seen in Victorian literature seems to show us that human values will overpower the strength of material wealth. The short......
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Becoming a Collegiate Millionaire
...Garrett Winters Professor VanCuren ENG 111 22 March 2016 Becoming a Collegiate Millionaire Some people never gain effective study habits during their years of early education. This means they may struggle through their first couple semesters of college. Students should figure out how to study the best possible way; many people cannot create a quality essay at four in the morning with the music blasting out loud and the television glaring right into their eyes when the lights are out. Although poor study habits may cause lots of students to struggle, a student may become connected by joining music groups, clubs, or sports teams that will help us make more friends while balancing our lives. So, students should get involved, it’s healthy and helps them discover things about themselves. School does not have to be just about schoolwork. It is good to find an activity that the school offers that is enjoyable, and join it if the schedule allows. Yet, some people have a harder time adjusting to school than other people and may feel that success is impossible. However, students can be successful in many ways, such as being on time for class, keeping an assignment notebook, and managing their time wisely. For students to be successful, they become punctual. To do so, they prepare the night before, such as ironing their garments the night before class; this will save them at least five to ten minutes in the morning, and they may use that time to read the newspaper or......
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Introduction: The Model Millionaire by Oscar Wilde
The Model Millionaire
The Model Millionaire by Oscar Wilde is not a book, but a short story. The story looks at materialism, acts of kindness, and value system. In the mornings when I am practicing my speed reading drills using bookmarklets, I have been doing so with short stories that I find on the American Literature website.
I have found and read some excellent short stories on this site. Below, you’ll find my review of two books by Oscar Wilde.
Have you read?
Review of Oscar Wilde’s The Canterville Ghost
Oscar Wilde Personal Library – The Shaping of a Mind
The Picture of Dorian Gray by Oscar Wilde – Book Review
The Story: The Model Millionaire by Oscar Wilde
I found The Model Millionaire by Oscar Wilde very touching. Oscar Wilde wrote an amazing start for this story, “Unless one is wealthy there is no use in being a charming fellow. Romance is the privilege of the rich, not the profession of the unemployed. The poor should be practical and prosaic. It is better to have a permanent income than to be fascinating.” What are your thoughts, do you agree with this?
Hughie Erskine, a handsome young man, hasn’t been able to get his act together. He has tried many things to make a living, including being a stock trader and also a merchant. Hughie is in love with Laura Merton, the daughter of a retired merchant. Although the retired Colonel likes and approves of the young man, he will not give his daughter’s hand in marriage unless Hughie is able to amass a wealth of £10,000, and then he will revisit the matter. Hughie does not have a profession and doesn’t know how he will ever get the money. On the positive side, Laura loves him, but what good is that if they cannot marry?
Hughie often visits his friend, Alan Trevor, a renowned painter, whose paintings are always in demand. Alan happens to like Hughie, and allows him to visit even while he is working. One day when Hughie is visiting, Alan is painting a beggar with a piteous and miserable look on his face. The two friends talk about the beggar and Hughie asks how much the model gets, and he learns that it is a schilling for an hour while Alan gets 2000 guineas for the painting. Hughie declares that the model works as hard as the painter and should earn more.
“’Nonsense, nonsense! Why, look at the trouble of laying on the paint alone, and standing all day long at one’s easel! It’s all very well, Hughie, for you to talk, but I assure you that there are moments when Art almost attains to the dignity of manual labour. But you mustn’t chatter; I’m very busy. Smoke a cigarette, and keep quiet.’”
A servant informs Alan that the frame maker wants to speak to him. While he is gone, the beggar takes the time to rest his weary body. Hughie starts to speak to him, and feeling compassion he dips into his pocket and shares the little he has, thinking that the beggar needs it more than he does. The beggar is very grateful for the money. It’s at a great sacrifice because that means that Hughie has no transportation for two weeks and will have to walk home. Is that such a bad thing? Anyway, much later when he visits Laura and tells her what he did, she scolds him for being extravagant.
At 11:00 pm that night, he visits the Palette Club and finds Alan there, sitting by himself smoking and drinking. Alan tells Hughie that he told the beggar all about him – about his financial situation and the £10,000 he has to amass before he can marry Laura. Hughie cannot understand why Alan would share his personal information with a beggar. He also tells Alan that he gave the beggar money. Alan discloses that the beggar isn’t really a beggar, “’that old beggar, as you call him, is one of the richest men in Europe. He could buy all London tomorrow without overdrawing his account. He has a house in every capital, dines off gold plate, and can prevent Russia going to war when he chooses.’”
The ‘beggar,’ Baron Hausberg, commissioned the painting and posed for it. Hughie is not happy about the deception. The next morning while he is eating breakfast, his servant brings him a card from Monsieur Gustave Naudin who works for Baron Hausberg. Hughie thinks he has to apologize for giving a multimillionaire spare change. As it turns out, Baron Hausberg was touched by Hughie’s kind gesture despite his financial situation. Monsieur Gustave Naudin delivers a cheque made out to Hughie Erskine for £10,000 so that he can marry his sweetheart.
The Conclusion: The Model Millionaire by Oscar Wilde
The Model Millionaire
I loved this story because it teaches us to have compassion for all, and that we are our brother’s keeper. Today, we are living in an individualistic society where most of us focus on monetary success, and often forget the important things in life.
The Model Millionaire (Download a free copy) by Oscar Wilde is a great reminder to me that social and economic justice matter.
It is possible that big lessons can come in small packages.
Oscar Wilde Book List
Intentions The Picture of Dorian GrayThe Importance of Being EarnestOscar Wilde: The Complete CollectionWit and Wisdom: A Book of QuotationsThe Canterville Ghost A Life in LettersThe Complete Fairy Tales of Oscar WildeOscar Wilde’s The Selfish GiantOscar Wilde and a Death of No ImportanceA House of PomegranatesLady Windermere’s FanThe Happy Prince and Other Stories
Books About Oscar Wilde
The Secret Life of Oscar WildeThe Real Trial of Oscar WildeIrish Peacock and Scarlet Marquess: The Real Trial of Oscar Wilde
Avil’s Side Hustle: Short e-Books to Help You Get the Most Out of Your Reading
Filed Under: Book Summary and Review, Professional DevelopmentTagged With: Model Millionaire, Oscar Wilde, The Model Millionaire, The Model Millionaire by Oscar Wilde