Loral Langemeier, CEO/Founder of Live Out Loud, international speaker, money expert and best-selling author of the Millionaire Maker 3-book series and Put More Cash In Your Pocket. www.liveoutloud.com
Would you introduce yourself to OnSuccess readers and share your thoughts on Korea?
I have learned that Korea has boundless natural resources and rich cultural wonders. Since the 1960s, when South Korea underwent such immense economic changes, the Korean people have steadily risen to extraordinary success throughout the world. With this momentum, your country has a unique platform of support for entrepreneurialism.
Loral, I have read your books and interviews. How can you be so passionate, independent and successful?
In Nebraska during high school when most kids are reading the required English Lit materials, I took on the works of George S. Clason, author of 'The Richest Man in Babylon,' as well as 'Think and Grow Rich,' by Napoleon Hill. At just 17 I attended a Dennis Waitley conference and from that experience knew there was nothing more that I wanted to do than positively affect people and their change.
and there are so many financial strategists around the world, and they also work and live with passion. But few financial strategists succeed like you. what makes you different from them? And why?
I cultivated an innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. Over time I created, nurtured, and perfected a 3 to 5 year strategy to make millions for the "Average Jill and Joe".
and many people consider starting their own business while they are at certain Job or school, but very few have been successful in actually doing it. What’s your advice for this?
You can begin to move away from your job by using skills you already have to make some new money. Do you teach? You could be a tutor. Are you an accountant at a company? You could do that on the side for other clients and get paid. Whatever you are doing now, you could do for others outside the company you work for now and make your first few dollars, your first few hundred dollars and eventually replace that income.
About money, you are a great expert in this field, : ) it may look silly questions but what do you think is the best and fastest way to make a big money?
Do what you already know how to do. Then you duplicate that and replicate it. Pretty soon, you will have a steady source of income. This takes consistent action and a belief that you can do it.
Tell us about the misery time in your life. And how did you turn that situation to success? And why do you think that you could overcome that?
When I was just out of college, a global oil corporation wanted to drop me off in the middle of the Gulf of Mexico on an oil rig to set up fitness facilities and my first thought was, “No way! I don’t think I can pull this off.” But, my answer was, and I’m going to say this to you now, “Say, yes and figure out how.”
What sacrifices have you had to make to be a successful entrepreneur? What's the real life as an entrepreneur?
Being an entrepreneur is a lifestyle. You live it constantly. You breathe it. You get up early and work late. You fit your schedule to the needs of what you have to get done. You continually take action. You build wealth and then make that wealth work for you. If you do all of this, you can have the life you want.
And Loral, as you are in royal millionaires club. : ) who are your good friends among celebrities?
Some of my colleagues are Mark Victor Hansen, Chris Howard, T. Harv Eker, Jack Canfield, and Bob Proctor.
Would you please advice to korean students(highschool & university) how to spend the time in youth life?
Study and learn all you can about business. Get involved with young entrepreneur groups, groups like Rotary and other business groups. Read books that teach you about money management. Read my books. If you want a big life style, you need to be able to pay for it, so start making money now.
Have you any plans (personal or business) that you can share with us about your future plans / goals / lifetime goals?
My future plans include teaching people to have open and frank conversations about money. Financial literacy for everyone is a primary goal for me. I want to help lead the wave of entrepreneurialism across the world.
And would you please say the things that you want to say to korean readers especially to future entrepreneurs before saying good bye?
Whatever it is you want to do as an entrepreneur, someone else is already doing it. Do research on-line, find the best and model after that business. Get moving, take action, believe in yourself and ask for the cash.
