Montel Williams — Live Like a Millionaire
This was a strange appearance. We were originally told that Montel wanted to help viewers save money and that we were appearing with a friend of his who was going to do just that. It turned out to be a show about becoming a millionaire . . . not our idea of saving money. His guest was a long-time friend Marshall Sylver. He is called the millionaire maker and brought four of his "students" with him to profile how the turned their lives around by applying his money principals. We talked with many of these people back stage and found that their "empires" were built mainly by borrowing money.
Borrowing to build a business might work well if you have learned to manage your money and your business prudently, but borrowing heavily to start a new business when you have little experience is a crap-shoot. We just don't belive in it.
We've posted a video of our portion of the show. Hopefully our message of "Get rich slowly" will continue to gain traction when the wheels of the "get rich quick" philosophy start spinning and falling off.
On a personal note, we did get a few minutes to speak with Montel. He is a genuine and gentle individual. He is battling MS and less than a year after we appeared he retired from his show. He ran a grueling schedule taping three shows, two days each week (preparing for the taping of the shows the other days of the week). We were the third show he taped when we were there and we could tell he was really worn out.
Montel did give us a challenge - to see what the kids could buy for $50 at a thrift store. Here are the examples of how far that money went.