Matt Bacak: Secrets of the Internet Millionaire Mind

October 15, 2007 | By rogerloh In Internet Millionaire |

I just read Secrets of the Internet Millionaire Mindby Matt Bacak who brands himself as the “Powerful Promoter”.

Matt is an incredible guy who started his first company with employees at the age of 12!

Here are two nuggets I thought might benefit you and your business:

  • Internet millionaires ask questions beginning with what and how … but not why! Matt Bacak said that ‘why’ reminds us of childhood days that we often are asked, ‘Why did you do that?’  Instead, ask questions like ‘What are my goals?’ and ‘How do I get there?’
  • Internet millionaires use two magic words: systemize and monetize. As an engineer by training, I particularly like the term ’systemize’. In business too, if we can systemize what we want to do, our business or work would become process-dependent rather than people-dependent. With a system, when you put in a certain input, you are guaranteed a certain output…  As I write, that reminds me of The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It - that I would recommend anyone who wants to start or own a small business to read from cover to cover!

Other Related Posts:

  • T. Harv Eker: Secrets of the Millionaire Mind
  • Recommended Resources
  • Think And Grow Rich: The 21st Century Edition Chapter 1 - The Secret Of Success
  • T. Harv Eker: Give me five minutes, and I can predict your financial future for the rest of your life.
  • Success Express #2: Brian Tracy Success Interview conducted by Jerry “DRhino” Clark

    • 3 Comments so far

    1. Roger on October 15th, 2007

      Haha…here’s my own comment :-)

      MINDSET is everything!

      I believe that many of us find it a challenge to change our mindset so as to progress in our journey to success …

      What do you think?

      Learn SECRETS that your upline never told you…

    2. BenL on October 15th, 2007

      I chose to differ with Matt Bacak. I believe if one have a strong WHY, then the WHAT and HOW will come in automatically.

    3. rogerloh on October 20th, 2007

      Hi BenL,

      Certainly agreed with you that WHY is indeed the most important!

      This reminds me of Jack Zufelt who came to Singapore this week and talked about having the CORE DESIRE to succeed - which is indeed another way of putting the WHY into sharp focus. He said that when our core desire is 100%, it will overcome all barriers. Isn’t that interesting?

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