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Gary Halbertteachingcontext

One thing people seem to believe is I have made millions (perhaps even billions) of dollars... and... I have it all stashed away living the life of Reilly with no financial struggles to trouble me.

Nothing Could Be Further From The Truth!

Gary Halbertteachingcontext

Here's the real truth: I have made, in my lifetime, zillions of dollars. However, I am not prudent with money. I have very little of it left. Don't let that worry you though. I have enough to lead the modest lifestyle I prefer. But, I don't have a big, fat cushion of millions (or even hundreds of…

Gary Halbertteachingcontext

In the meantime, I want to tell you what I think is an amusing story. Many years ago, I was experiencing financial difficulties and was nearly dead broke. I was talking with Dan Kennedy in Phoenix, Arizona and he asked, "Gary, do you need some bucks?"

Gary Halbertteachingcontext

I replied, "Yeah, Dan, I do. I'm broke."

So Dan lent me a considerable amount of money on the spot. I pulled off my gold Rolex watch and said, "Here Dan, you can hold this as collateral."

He looked at me with a frown on his face and said, "Holy cow Gary! I don't need any collateral from…

Gary Halbertteachingcontext

I said, "No, no Dan. You don't understand."

Dan asked, "Understand what?"

I said...

"You Don't Understand What

A Great Story This Will Make

In A Newsletter Some Day!"

Then I talked to Dan a little more and asked him if he had ever been in dire financial straits... while... trying to give a speech on having a…

Gary Halbertteachingcontext

Early in his career, he was giving one of his energetic, positive talks on money-making strategies. Apparently, he was doing this in some sort of store front building. Behind him there was a large plate glass window. At one point during his speech, he turned around and looked out that window. He couldn't believe his eyes. He saw…

Gary Halbertteachingcontext

I hope Dan will forgive me for telling this story. But, it's going to help me illustrate a point.

Many People Make Millions Of Dollars... And Then...

Conduct Their Affairs In Such A Way As To

Find Themselves Broke Once Again!

Gary Halbertteachingcontext

Other people (ignorant people) ask, "How could you have lost all that money?" Well I'll tell you something about people who ask that question. None of them have ever made millions of dollars.

You see, within the seeds of every man who has the ability to make millions of dollars... also... are the seeds with the ability to lose…

Gary Halbertteachingcontext

But people like Dan Kennedy and myself can never be poor. Perhaps occasionally we'll find ourselves broke. But never poor.

Somebody who is poor has no money and no skills to make money.

Somebody who is broke has no money... but... has skills to make money. They may be temporarily broke but will always bounce back to make as…

Gary Halbertteachingcontext

Almost every successful, rich person I know (including many famous names you would recognize) has had extreme financial ups and downs. But, they always weather these storms because their true wealth is what they have between their ears. If you have the right stuff between your ears, you may find yourself temporarily broke... but... you will never be poor. That…

Gary Halbertteachingcontext

I live in Miami. People from other countries (mostly Cuba) come ashore on the east coast of Florida every day. Now I want you to imagine two men, totally exhausted from their week long journey aboard their inner-tube raft, finally step ashore on the beaches of Miami. They are now in the United States of America.

Gary Halbertteachingcontext

One of these men was formerly a dishwasher who worked at a hotel in Cuba. He managed to steal a million dollars from the hotel and the guests of the hotel. He was able to get to America with that money safely strapped to himself in a waterproof container.

Gary Halbertteachingcontext

But the other guy came ashore with absolutely nothing except the torn T-shirt and shorts he was wearing. He didn't have a penny, a peso or any other kind of money. But this poor chap was a brain surgeon in Cuba.

Gary Halbertteachingcontext

Now let's fast forward five years and take another look at those two men...

My guess is the dishwasher/thief will be broke. I'll bet he'll have spent almost all his money on drugs, prostitutes, insanely impractical expensive cars (like Lamborginies), and in general, carelessly scattered his money to the wind. And since he doesn't know…

Gary Halbertteachingcontext

But let's take a look at that other guy who washed ashore the same day, the brain surgeon. After the same five years have passed, he's living in Coral Gables (a luxurious suburb of Miami), has a nice wife with one or two kids, a terrific showplace house, a Lexus (the best car ever made), a thriving practice…

Gary Halbertteachingcontext

What's the difference between those two guys? The difference is the dishwasher/thief did not come ashore with "real" wealth. He only came ashore with money. The brain surgeon came ashore with the only "real" wealth there is. He came ashore with the wealth he had between his ears.

Gary Halbertteachingcontext

Should that brain surgeon ever run into financial troubles, he might temporarily become broke... but... because of this wealth between his ears... he will rapidly cure that situation. He WILL become prosperous again.

Gary Halbertteachingcontext

A lot of the money I made, I spent intelligently. For example, I spent a lot of it on sex, drugs, wild women, booze, rock and roll, insanely fast and dangerous boats, and business ventures that were so stupidly conceived, they didn't have a chance to succeed.

Gary Halbertteachingcontext

On the other hand, I spent much of my money stupidly on things like food, clothing, shelter, medicine and the like.

Anyway, now let's switch gears and talk about the concepts of...

Efficiency,

Effectiveness

Gary Halbertteachingcontext

And The Internet!

I was born in Parkersburg, West (by God) Virginia which is located on the east side of the Ohio River. Parkersburg is about 30-miles south from Marietta, Ohio. Marietta is on the west side of the Ohio River. Got all that?

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