e-Wealth Daily: Free Ways to Make Quick Money, Ways to Become Rich

So it's simple; that's how you become a millionaire, by getting a million dollars. But, how do you get that first million? And, how do you keep bringing in more money so that you can remain a millionaire?

Unfortunately, there's no one single answer that will tell you how to become a millionaire. And, if you've been following the news about the economy, it sounds like you may face a few more challenges on your way to your first million.

Now, I happen to know a few very successful millionaires. And not the type of millionaires who fell into a large inheritance or won a long-shot lottery. These are all self-made men who set a goal and did whatever it took to achieve it.

My father, Michael Newman, has become a millionaire not once, but twice. A few bad investments drained his first million, but, since he'd already done it before, he was able to change the direction of his life and get back to living a life without money worries.

There's also Bill Hebden, who has made a career of making other people rich. He's helped me make hundreds of thousands of dollars and in turn he's made a lot of money doing this. When you talk to Bill, you hear the confident voice of someone who knew what he wanted and went after his goal with an undying dedication.

So, you see, being a millionaire is easy. And getting that first million could be just as simple when you set your mind to it, develop a plan and stick to it.

Now, there's much more for you to learn about getting your first million. Bill Hebden has written a book about how he has made his millions and how you could do it, too. To read more, click on the link below:

http://www.lombardipublishing.com/ads/ym/index.asp

** How to Use "The Velvet Sledgehammer," Part 2
By Doug D'Anna, the "Hundred-Million-Dollar Man"

On Monday, I introduced "The Velvet Sledgehammer." Today, I'll get a little more into how to use it to overcome stubborn obstacles.

Here are few keys I have found that could overcome even the most stubborn resistance you will encounter.

First, of course, is to respect everyone around you. People love to be respected. Think about your own situation. Chances are that you, too, want people to respect you, don't you? I know that personally I love to be around people who I know respect me. Who wants to hang around someone that believes they are superior to you or somehow better than you are?

When someone knows that you respect them, it will place you on a higher level in their mind -- and therefore they will be more open to you and your ideas.

The fact is, I honestly cannot think of anyone who wouldn't offer a helping hand to someone who showed them respect.

On the other hand, of course, you would never help someone who has stepped all over you, either. By simply showing respect, the people you meet will always view you as someone who they can not only trust, but as someone honest and compelling as well. No matter what, it is always best to treat people with respect. To be sure, this isn't rocket science, but rather human science.

As I tell my own kids, you will get more in life with sugar than you ever will with vinegar. Respect is the sugar that sweetens other people's lives.

Think about it. You are in a department store and want to return an item that you bought or perhaps received as a gift. The store policy is that they accept returns with a receipt only. If you stand there and start yelling at the sales clerk, perhaps slandering this person's job and the like, then they are never going to bend the rules for you. But, if you are nice, pleasant, and respectful, then there is a good chance that the two of you can come to a compromise. Perhaps you can return the item for a gift certificate toward another purchase, or perhaps you can exchange it for something you really need. In any event, being respectful will get you much further than being condescending ever will.

This is true even with people who have the most stubborn and strongest of wills.

As I've said before, when you get people to go your way, nothing will ever get in your way.

I'll conclude this little talk about "The Velvet Sledgehammer" on Thursday with some well-known rejection words and the power of "The Three Fs" to overcome resistance.

** How Far Does $500 Go?
By John Hurd, Chief Wealth Researcher

There's an $825-billion economic stimulus plan on the table and part of it includes a $500 tax credit for many individuals.

Now, $500 doesn't sound like a whole lot of money. And, quite frankly, it isn't. However, any windfall of cash is an opportunity for more money, you just need to know how to make this happen.

With your check in hand, you will be faced with choices. Do you spend it all at once? Do you invest it? Do you give it someone else who needs it more than you?

It's your choice as to whether you make more money with this money or not.

Here, then, are a few of my suggestions for making an extra $500 turn into more money:

1) Invest in Your Business: $500 could help you pay for supplies, expand your advertising or carry more stock. By looking at what you need and how you are making money, putting that $500 to work for your business could help you see more money for the rest of the year.

2) Pay Back Your Debt: Paying off debt may not sound like a way to make more money. However, if you're carrying credit card debt, you could be paying 18% or more in interest. By paying off part of your debt, you are lowering the interest you pay and this could mean extra money in your pocket as the months go on.

3) Start a Business: There are plenty of businesses that you can start for under $500. Working from home, you could turn your hobby into a business by advertising your wares or services. You could start an information publishing business or start selling secondhand items through Craigslist or eBay. While any new business does involve risks, spending that money to try out your moneymaking idea could pay off.

4) Invest in Yourself: There's always the temptation to use this money to get something you really want. Something that many people will tell you is a waste of money. But, this certainly may not be the case. A new television or computer or other item may not make you money, but it could help lift your spirits. Spending this money could get you something that will bring you motivation and get you started on the path to success, even if that item has nothing to do with making money on its own.

When faced with the decision of what to do with an extra $500, the choice is yours and only you will know which one is the right one to make.

** Deliver on Your Promises
By Michael Newman, Self-made Millionaire

Without trying to sound like too much of a naysayer, I generally find it surprising when politicians act quickly to fulfill the promises they made on the campaign trail. Usually we're left hanging, waiting to see if and when the things they'd promised will ever come to fruition. Well, now we've got a new President and he seems to be doing his best to act quickly on his word.

Last week, President Obama and the Democrats unveiled an $825-billion stimulus plan to help the nation get through what has been called the worst recession since the Great Depression. The proposed plan centers around education spending, Medicaid, unemployment benefits, and a large number of various projects to create jobs, in addition to cutting taxes for those individuals who need it most.

Of course, this plan still has to be tweaked and approved by the various branches of government, but the important thing is that a promise was made, with action quickly following suit. As a politician, the ability to live up to your word is priceless; as a business owner, the same rings true.

If you're operating a business these days, times are tough. Because of the current economic conditions, you are forced to change the way you do business, while trying new things to ensure you keep your doors open. Some of the things you may be trying are increasing the value of your product or service, improving customer care or offering a new set of services.

The thing is, many business owners these days might promise the world to hold on to customers, but continue to operate their business as usual. This is not a good thing. Customers will soon notice that you aren't delivering on the promises you've made, and they may elect to take their business elsewhere.

These days, customer service and perception are of the utmost importance. Do your best to make good on all the promises you make to ensure customers walk away happy and return when they need you again.