Finally! New Book Cover is Finished!

I never realized how hard it would be to write and finish a book when I started in May 2017, but finally, it’s done! The book copy is done. The cover is done. Now it is prepping for print!

Truly writing a book is the project that never seems to end. It seems like things just keep coming up to do or redo that keep you from finishing the job. Thankfully, I had some good friends and professional support in my editor, Anna Floit of The Peacock Quill, and my publisher, Morgan James Publishing. I can’t imaging trying to write a book on your own without some help!

During my writing, it was fun to hear about the different ways people write books. Some plan books out for years. Some just start writing. Some come up with an outline and then get to work. After writing my first book, I believe there’s not a right or wrong way to write a book. There’s just the way that you do it, and that is one of the things that makes it special. For my book, I crafted an outline using the chapters. After coming up with a list of chapters I wanted to write, I thought about what I wanted to include in each chapter. Some of the original chapters didn’t make the final cut. I’ll probably include them in another book someday.

I was very apprehensive after finishing the first draft in early July 2017. That’s when it was time for phase 2, get feedback from one of my very close friends. I gave him my book in early July 2017. When August arrived, it was time to touch base with him again to see what he thought. The anticipation of what he might say was nerve wracking! Did he like it? Would he think it was bad? What if he told me to throw it in the trash and start over? I vaguely recall the conversation, but one part of our discussion I remember very well. I asked him, “Is it worth writing?” He answered, “Yes. You’ve got a lot of work to do, but it’s worth writing.” His reply was all I needed to keep going on my book. Just that little boost of affirmation gave me the energy and confidence I needed to keep moving forward.

It’s been thirteen months since our conversation, and finally the book is done. Soon it will be heading to the printers. It seems so surreal.

The Book Wrap

This particular week I’m very excited because the book’s wrap has been completed. The book wrap includes the front cover, the binding, and the back cover. This is one of the last steps of production before the book is ready for the bookstores. With each completed step, I can feel the reality of my first published book and with it, the hope and excitement of being able to help people with it’s financial teaching.

The book cover process was pretty straightforward for me, and I was very happy that the publisher liked my cover concepts. I’ve heard many horror stories about publishers not really doing a good job on book covers for the authors and the authors not being satisfied with their covers. In my case, I’m very happy. I was able to present a mockup to the publisher and they quickly came back with several covers to review. After several revisions and tweaks, we ended up with a finished cover. The book wrap, binding and back cover, needed to wait until all of the writing was finalized so that we knew the page count of the book. This week, the final version came back, and well, see what you think. Comments welcome!

I present to you the book wrap for The Millionaire Choice, Millionaire or Not. You Can Choose.

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Taking Advantage of Our Millionaire Opportunities.

What an exciting time it is to be in the financial space. The financial markets are at all time highs with the Dow Jones breaking 25,000. Personal and governmental debt has reached extremes possibly causing an implosion of the entire western financial system at any time. Russia and China are weaning themselves off the western financial system by working to create a gold backed alternative currency with the goal of dethroning the US dollar as the only world reserve currency. And then there’s cryptocurrency, where new “Bitcoin Millionaires” are being minted regularly.

In this crazy financial climate, the question is, “what are you doing to build and protect your family’s wealth?” Too many of us are going for the immediate gratification of that new car, luxury vacation, or indulging in some other way to spend your hard earned money. The reality is, it’s what you do with your money today that will determine if you will be a millionaire or multi-millionaire tomorrow. Does that make you think differently about how you are going to spend your money today? It should. Every dollar you spend costs you multi-dollars in the future.

At a meager 10% annual growth rate, $500 spent this month would have become $2,000 in just 14 years if you had invested it. $8,000 in 28 years. Now, how will you spend that $500 this month?

Perhaps, you have a bit more disposable income than the average person. Maybe you have $5,000 to spend this month. If you spend that $5,000 this month, you just cost yourself $20,000 in 14 years or $80,000 in 28 years.

Whatever money you have available, if you want to be a millionaire, you have to learn to multiply your money rather than spend it. To multiply your money you have to practice taking what you have and turning it into more. You can’t do that by spending it all on the latest gadget or your favorite latte at Starbucks.

Now, let’s get a little radical. 10% is a great annual return if you’re using real estate or the stock market, but what about getting a better return? Sometimes opportunities are all around us, but we miss them. I missed one in 2003 when my wife told me to invest in Apple Computers at $4 a share. Ouch. That one still hurts. Hindsight is usually 20/20, and we recognize our missed opportunities. Why do we miss these millionaire maker opportunities? That is a great question. Sometimes we’re just clueless about the opportunity, and it isn’t on our radar. At other times, we’re just not willing to take the risks. Well, the opportunity is here again and it’s called cryptocurrency. Bitcoin, Ethereum, Litecoin and the like. How do I know this is a millionaire opportunity? Because I’ve met quite a few people who have already become millionaires through cryptocurrencies. I’ve recently met several people who invested modest amounts between $5,000 and $50,000 who saw their investments grow to over $1,000,000.

Over the last several months as I’ve continue to get deeper into the cryptocurrency industry, I’ve recognized we’re still in the early stages of the industry, and we are quickly entering the early adoption phase where the industry takes a deeper hold on society and becomes more mainstream. The news is all around if you look for it. Crypto Coins News and Coin Telegraph keep you abreast of the daily industry news.

During my cryptocurrency dive, I’ve talked with dozens of people about cryptocurrency. Some people are taking the risks with cryptocurrency investments, and some are skeptics. The skeptics are usually the tradition financial and investing guys committed to the status quo and what they know. I would call these guys safe traditional investors. Cryptocurrency is too new and volatile for them. To them it’s a bubble waiting to pop. What I believe they are missing is that cryptocurrency is the birth of an industry. It won’t follow all the traditional rules of investing. When Ford created the car, he created an industry. It changed everything. Here we are again with Bitcoin in the financial market

I believe the “wise” risk takers will be smiling with millionaire, and I believe that the skeptics will once again be reliving the “missed opportunity moment.” In time, we will know who is right and who is wrong.

In any case, you can’t be a fool with your money or investing. Whether you want to stick with traditional investing tools like real estate and the stock market or you prefer riskier investments like crytpocurrency, it is important to take advantage of your millionaire opportunities and be smart about them. Educate yourself and sync up with people who are smarter than you on the topic. As part of my cryptocurrency learning, I connected with the team at Crypto Capital Club’s Telegram Chat and Adela Investment, the first Cryptocurrency Investment Fund based in Nashville, TN. Adela’s team has helped bring me up to speed on the cryptocurrency space. A few other great resources include Chris Dunn and The Bitcoin Knowledge Podcast hosted by Trace Mayer.

I always remember to consider the risks with any investment. Here are some simple rules that I follow.

  1. I never invest more money than I am willing to lose if things go 100% south.
  2. I never risk money I need. I could lose it all.
  3. I know cryptocurrency is considered a “high risk” investment at this time. It is very volatile. As the industry matures, the risk should become lower.
  4. I only put at risk 5-10% of my net worth. If things blow up, I have plenty of money to fall back on to keep going.

Let me know if you become a “Cryptocurrency Millionaire”. I’d love to hear your story.