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Millionaire Money Habits

April 1st, 2008 at 11:15 am

The Real Life Money Tree

Imagine that you recently received a rare seed for a money tree. This seed, if nurtured correctly, will begin producing a million dollars a year when it reaches 5-years of age. As it matures and the $20 and $50 bills are ripe for the picking, your money tree can be sold for tens of millions of dollars. Sounds good, right?

The catch is that during its infant years, the money tree needs a lot of care and has a very slim chance of maturing. It requires you to wake up early in the morning to feed it and talk to it. You have to read the money tree stories and do a lot of research on how to care for it properly. There are times when it will get sick and not show any signs of life for months at a time, but only your dedicated care can keep it going. The baby money tree is exhausting.

real life money treeThen, one day after three exhausting years of caring for your money tree, some optimistic signs begin to appear. You see one of the leaves budding and take the form of a dollar bill. You get so excited you can’t sleep at night. You call in sick to work for a week straight just to sit and watch the money tree grow. It starts to produce a minimal amount of money, not enough to support your family, but you’ve decided to quit your job to nurture the money tree fulltime.

After two years of maxing out your credit cards, borrowing money from family and friends, and being unable to substantially support your family, the money tree suddenly bursts with bills. Every morning you wake up to find more and more money around the base of your tree, as the $20 leaves quickly ripen. You’ve struck gold and successfully raised a prosperous money tree.

After your tree grows into a fruitful, blossoming money tree, you decide to put the money tree up for sale just to see what kind of offers you’d receive. After many offers you decide to sell the tree for $15 million. That is enough for you to retire comfortably and not have to worry about caring for the tree. But before you sell the tree you pick one of the seeds and put it in a safe place just in case you get bored during your early retirement.

A year later you decide you want to see if you can get lucky and successfully raise another tree. You find that your experience taught you well and you are more easily able to raise the tree, and it grows bigger and faster, and as a result your wealth is rapidly growing.

Realizing the work involved and the risk that your efforts may amount to nothing, would you attempt to raise a money tree?

Just like the money tree, building a business is the best way to accumulate wealth. It can be exhausting and at times feel like a wasted effort, but after much dedication it can become the ultimate money machine that is worth 10 times its income potential.

If you have the drive, passion and the wherewithal to build a business, give it a shot. Don’t quit your job today to expect a source of income tomorrow though. Entrepreneurial advisors suggest analyzing your hobbies and interests - things you already do - and find a way to turn those activities into a profitable part-time, home-based business. As a result, your passion will get you through the infant stage of your business, and times when there seems no hope for success.

Millionaire Money Habit: Building a real life money tree is a great way to boost your earnings, increase investment funds and potentially build a multi-million dollar source of income. Be prepared to sacrifice your nights and weekends, and time with your family and friends. Your passion will get you through the exhaustion, and your goal at the end will be a very fruitful reward of thousands of bills. Who said money doesn’t grow on trees? - RT

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  • Momma
    10:58 am on April 2nd, 2008 1

    I loved this post! Wes and I have started our own business. It’s got some scary moments, but overall very rewarding. We’re looking for this money tree to start sprouting soon. At least some baby buds, anyway :) .

  • Lazy Man and Money
    7:16 pm on May 8th, 2008 2

    This was a great post, but I was waiting for the part where there is an 80% chance that the money tree will die before it produces money. This may happen despite extremely diligent care of the money tree.

  • Moneymonk
    12:10 pm on August 4th, 2008 3

    Well said Ryan. Anything decent takes time and patience.

  • al lavery
    5:13 pm on May 31st, 2009 4

    This was a great story and spot-on target.

    What I don’t understand is, as great as this read is there are very few comments. I guess most people don’t have the time to nurture their thoughts and weed the garden.

    Good luck to all who read this and enjoy your fortune.


  • ooone
    10:00 am on April 18th, 2010 5

    how do you get a money tree?


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