Here’s a fantasy scenario: If you had to choose between getting a million dollars in your hand tomorrow, and being given the mind of a millionaire but no money at all, which option would you take? Would you say, ‘I’ll take the money!’ or ‘I’ll take the mind’?

There are many benefits to be obtained from having access to a large sum of money; the opportunities for profiting from a sudden influx of wealth should be almost immeasurable. Yet we constantly hear unfortunate stories of persons who have received sudden fortunes, such as lottery winners, and who end up losing all their money in a short time.

On the other hand, there are inspirational tales of very wealthy people who, through business failure or some major calamity, lost everything they worked hard for, only to regain it in a few short years.

Donald Trump’s riches-to-rags-to-riches-again story comes readily to mind as a perfect example of someone who, although he lost his money, didn’t lose his ability to make money. Continue reading Who Wants to Have a Millionaire Mind? →