All you need to know from a guy who does know …

After three years, you may be sick of listening to me – besides, by now, you should be $2 million or $3 million into your own $7 million 7 year journey, so what can I teach you? – so, here is some really important advice from Darwin Deason, a self-made billionaire entrepreneur:

Forbes Magazine: You have $100,000–where do you put it?

Darwin Deason: It depends on age and goals–but if I was young, I’d put all of it in a company that a) I could directly influence or control, and b) that I loved.

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If you have your own financial advice, or feel that summarizing somebody else’s ‘personal finance system’ into “just one page” would be fun – and useful – then I have 5 x $100 Apple Gift cards to give away!

Just check out this post to join the action: http://7million7years.com/2010/10/28/just-one-page/

But, hurry … the giveaway finishes on Thursday November 11th (the last day for submissions) and the entries are already starting to come in!

Winners announced Monday, November 15.

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4 thoughts on “All you need to know from a guy who does know …

  1. This Deason guy sounds pretty smart. I like his advice.Pretty simple,covers a lot of what you have already taught us.I Like the investing in something you can control,or influence.

  2. Should you be making 1m a year every year in your 7m7y journey or is it build, build, and then have 7m once the 7 years is up?

    It’s all too easy to think 7m in 7y, then perhaps I can make 1m in 1y, but I don’t think it works that way?

  3. “7m in 7y, then perhaps I can make 1m in 1y, but I don’t think it works that way?”

    @ Winalot – Agree! Simple compounding will show that the biggest $$$ gains come in the last 12 months of your journey …

  4. Pingback: Best of the Rest: New To Me Blogger Edition | Sweating The Big Stuff

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