Your First 100 Million

277 Pages·1999·44.27 MB·english

by  Dan S. Peña

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Your First 100 Million
In the book you're about to read, I talk about the importance of mentors as
a Quantum Leap to wisdom. Years ago, as a young hot shot in the corporate world,
I learned the secrets of super success from three gentlemen who mentored me at
critical times in my life.
i
Constantine "Costa" Gratsos had made his fortune as a lifelong associate of
shippingicon Aristotle Onassis. He took a liking to me, became my first mentor, and
showed me how to swim in the deep, dangerous waters of business.
Jim Newman, the business visionary who created the term "comfort zone"
showed me how to expand my horizons. Thanks to Jim, after I attended one of his
PACESeminars in1978, Imoved out ofmy comfort zone at BearStearns and became
a super successful oilman.
Jerry Ormand was already a legendary Texas oilman when I met him. Yet
he took the time to introduce me to the fine points of the oil business, and how to
survive and prosper amid the chaos of a rough-and-tumble industry.
t
Jerry... Jim... "Costa"... this book is gratefully dedicated to you.
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Your First
100 M i l l i o n
by
Daniel S. Pena, Sr.
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Your First 100Million
Your First 100 Million
Daniel S. Pei'ia, Sr.
All Rights Reserved. Nopart ofthis book may be reproduced ortransmitted in any fonn orby any
means, electronic ormechanical, including photocopying and recordingorby any information storage
or retrieval system without the written pennission ofthe publisher.
Guthrie Castle Ltd.
Guthrie Castle
Angus
Scotland DD8 2TP
United Kingdom
2nd Edition 2009
The National Library Cataloguing Publication Data
Acatalogue record for this book is available from theNational Library, Manila, Philippines
ISBN 978-971-94218-2-5
Printed by: AM Cleofe Prints, #75 VisayasAvenue, Brgy. VASRA, Quezon City, Philippines
DISCLAIMER: Seminar presentations, newsletters, books, QLA products and other communications are
not intended to convey legal, accounting, tax appraisal or other professional or invesbnent advice which is
expressly disclaimed. You are expected to use your own due diligence and consult your own professional
advisors before taking action or making decisions, and comply with all applicable laws. Remember:
"Investigate before you invest!" I can't do that for you! No presentation or communication and nothing
in this book shall expressly or implicitly bind any person or entity to any contract, agreement or course of
conduct, orwaive any part ofthis disclaimer.
,
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Dan,falheraJQLA 2009
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Table of Contents
Prologue.... 1
Foreword.............................................................. 2
Introduction: Your Quantum Leap Advantage. 3
I. Super Success - Not for the Touchy-Feely................... 6
2. The Barrio - and the Castle.... 18
3. Conventional Wisdom - the Loser's Crutch................. 29
4. Getting Comfortahle with High Performance............... 42
5. Building Perception to Become Reality...................... 56
6. Creating Your Dream Team.... 66
7. 11 Steps That Make the Deal................................. 86
8. The Plan with No Escape...................................... 101
9. Offering Lenders the Chance to Finance Your Dream.. 136
10. More Capital Ideas for Financing Your Deal............ 153
11.Acquisitions - the Secret OfQuantum Growth......... 167
12. Your Grand Exit - Dying or Selling........................ 185
13. Take Action Now! - or Never............................... 195
Appendices.................... 206
A. 11 Steps from an Idea to its Execution..................... 206
B. Quantum Leap AdvantageAction War Plan............. 208
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C. The Business Investment "Red Flag" Checklist......... 211
D. Words to Help You Make Your MiUions - Peila-isms... 214
E. Your Own Natural Resources for Success................. 219
F. Once or1\vice in A Lifetime - Knock! Knock! 226
G. Charlie Soladay's Eulogy.................................... 228
H. A Profile of Daniel S. Peila, Sr.............................. 231
I. You Can't Do ThatL........................................... 234
J. Proud Moments - and Sad Ones............................. 239
K. What People and the Press Have to Say about Dan Pena.... 241
L. You're Right, Dan. This StuffReaUy Works!................ 245
M. Sample Letters........... 249
N. Consolidation - the Strategy ofConsolidation:
The Secret ofExponential Growth........................... 263