Secrets of the Millionaire Mind


part, if you add one or two more clients, even part-time, you


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Secrets of the Millionaire Mind (@authenticielts)


part, if you add one or two more clients, even part-time, you 
can get paid as a business owner instead of an employee and 
enjoy business-owner tax benefits. Who knows, those part-
time clients may grow to become full-time clients, which 
would then give you the opportunity to leverage yourself, hire 
other people to get all the work done, and eventually you’ll be 
running your own full-on business.
You might think, “My employer would never go for that.” I 
wouldn’t be too sure about that. You have to understand, it 
costs a company a fortune to have an employee. Not only do 
they have to pay salary or wages, but they have to pay a whack 
of money on top of that to the government, often to the tune 
of 25 percent or more above what the employee earns. Add to 
that the cost of the benefits package that most employees get, 
and you’ve probably got a 50 percent savings to a company 
that chooses to hire you as an independent consultant. Of 
course you won’t be eligible for many of the benefits you got 
as an employee, but for what you save in taxes alone, you can 
buy the best of what you need on your own.
In the end, the only way to earn what you’re really worth is 
to get paid based on your results. Once again, my dad said it 
best: “You’ll never get rich working on straight salary for


The Wealth Files - 129
someone else. If you’re going to get a job, make sure you get 
paid on percentage. Otherwise, go work for yourself !”
Now that’s sage advice!
DECLARATION: 
Place your hand on your heart and say...
“I choose to get paid based on my results.” 
 
Touch your head and say...
“I have a millionaire mind!” 
 
MILLIONAIRE MIND ACTIONS
1. If you are currently in a job getting paid based on an 
hourly wage or salary, create and propose a compensa-
tion plan to your employer that would allow you to get 
paid at least partly based on your individual results as well 
as the results of the company.
If you own your own business, create a compensation
plan that allows your employees or even primary sup 
pliers to get paid based more on their results and the
results of your company.
Put these plans into action immediately.
2. If you are currently in a job and not being paid what 
you are worth based on the results you are producing, 
consider starting start your own business. You can 
begin part-time. You could easily join a network mar-
keting company or become a coach, teaching others 
what you know, or offer your independent consulting 
services back to the company you originally worked for, 
but this time, paid on performance and results rather 
than only for your time. 


130 - 
Secrets of the Millionaire Mind

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