Secrets of a Million dollar Mindset

Millionaires were once normal people like you and I, except that they now have plenty of cash with them. How do they create those additional cash and turn themselves millionaires over time? This article presents to you the five secrets of self-made millionaires:

Millionaire mindset #1: True focus on what they want to achieve

Set clear goals. Imagine yourself being a millionaire and what you would do to achieve it. As Robert Collier says, “if you see yourself as prosperous, you will be. If you see yourself as continually hard up, that is exactly what you will be.” Don’t focus on the current state of affairs, but rather where you want to be.

Millionaire mindset #2: Work on what you are passionate about

According to a research conducted by Thomas J. Stanley, author of The Millionaire Mind, more than 80% of all millionaires admitted that they would not have been as successful if they were not passionate about what they were doing. Just take a look at the countless rich people in the news today- Bill Gates, Donald Trump, the list goes on. They all talk about their work passionately. The question you need to ask yourself now is, what is YOUR passion?

Millionaire mindset #3: Be a learner, educate yourself

One major hurdle to making money is, surprising, not understanding how money works. Ask yourself, how much do I know about money management, investing, etc? If we have zero knowledge on finance management, how do we expect ourselves to earn any level of financial success? 

Millionaire mindset #4: Grow your assets. Life is a struggle if you live paycheck to paycheck, especially with the forever increasing inflation while your monthly wage stays the same. Self-made millionaires work hard to make extra money for investing and not hording; they put their money where it will work for them and where it will do the most good. If you want to get rich, control and manage your income, just like Benjamin Franklin once says, “He does not posses wealth that allows it to possess him.”

Millionaire mindset #5: Be willing to take risks. If you read biographies of self-made millionaires, you can see many of them have often gone through countless failures. What invariably makes them who they are today is the persistence and never-give-up attitudes that they maintained while going through the rough times.

Out of these five mindsets, #5 is the most important. Never give up, no matter what. My ultimate goal from sharing my knowledge and experience with you is for you, no matter if you are a wantrapreneur, solopreneur, entrepreneur or even a sidepreneur, I want you to succeed, so let me know how I can help.  

When it comes to mindset, one of my greatest mentors was Jim Rohn. I found this on Amazon on sale. If you want to change your mindset in order to get higher, earn more and live more, click the link and get it now. Or, in the very least, check to see if you can find it in your local library.

Power Question:

What research could you do to move you forward in taking the next step toward your success goals?