I was twenty-eight when I met a "real" multimillionaire for the first time in my life. I remember the day as if it were yesterday, because I learned an unforgettable lesson. It happened during a gala evening in Bad Kissingen, Germany, where our firm celebrated its tenth anniversary. The guest of honour was Mr J. V. Sanders who had worked his way up from being a door-to-door salesman to C.E.O. and president of the company. He was the wealthiest man to have risen through the ranks since our business had begun in 1936.

When I saw him sitting at the table next to mine I was awe-struck and delighted at the same time. As soon as everybody at his table had left for a dance I took all the courage that I had, got up, walked over to him and approached him with the following words, "Excuse me, Mr President, my name is Matthias. I don’t want to take up much of your precious time, but would you perhaps allow me to ask you one question?" Mr Sanders looked at me, smiled and said, "Of course, son, sit down here next to me and shoot!" Knowing that his neighbours would be back in a couple of minutes, I didn’t waste any time but went straight to the point and asked the question I had been dying to ask someone who knew the answer: "How can I become a millionaire, Mr President?"

Mr Sanders laughed so hard that he almost fell off his chair. But when he saw the puzzled look on my face he finally stopped laughing and said in a benevolent tone of voice: "I am sorry, young man, but I am not laughing at you; my laughter comes from happiness and surprise. I have been preparing the answer to your question for so many years; in fact I spent most of my life searching for and finally finding the right answers but nobody has ever asked me to share my secrets but you."

"So how can I become a millionaire?" I repeated impatiently. "It is very easy," Mr Sanders said with a smile........."

Continue reading in Part V of the book- The MillionaireMaker Habits