Millionaire Mindset ~
1. Follow the Money.
In today’s economic environment, you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that.
2. Don’t Show Off – Show Up.
I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income.
3. Save to Invest, Don’t Save To Save.
The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything – not even an emergency.
This will force you to continue to follow step one (increase income).
4. Avoid Debt That Doesn’t Pay You.
Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew I could increase my income.
Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.
5. Treat Money Like a Jealous Lover.
Millions wish for financial freedom, and only those who make it a priority have millions. To get rich and stay rich, you will have to make it a priority.
Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.
6. Money Doesn’t Sleep.
Money doesn’t know about clocks, schedules or holidays and you shouldn’t, either. Money loves people that have great work ethic.
Never try to be the smartest or luckiest person; just make sure you outwork everyone.
7. Poor Makes No Sense.
I have been poor and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow okay.
Bill Gates said to a group of college grads, “It’s not your fault if you were born poor; it is your fault if you stay poor.”
8. Get a Millionaire Mentor.
Most of us are brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have been studying millionaires in order to duplicate what they did.
Get your own personal millionaire mentor and study him or her. Most rich people are extremely generous with their knowledge and their resources.
9. Get Your Money to Do the Heavy Lifting.
Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work.
If you don’t have surplus money you won’t make investments.
Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting. Ask me about investing in bitcoin.
10. Shoot for $10 million, not $1 million.
The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. Thats why my mottos is always think big. You only have one life and if you live it right the first time once is enough.
There is no shortage of money on this planet, only a shortage of people thinking big enough.
Apply these 10 steps and they will make you rich. Steer clear of people who suggest your financial dreams are born of greed.
Avoid get-rich-quick schemes, be ethical, never give up and once you make it, be willing to help others get there, too.
If your interested in starting your journey lets connect today,