Showing posts with label Mind Set Of Millionaire People. Show all posts
Showing posts with label Mind Set Of Millionaire People. Show all posts

RICH PEOPLE HAVE THEIR MONEY WORK HARD FOR THEM WHILE POOR PEOPLE WORK HARD FOR THEIR MONEY



Rich people see every dollar as a “seed” that can be planted to earn a hundred more dollars, which can then be replanted to earn a thousand more dollars.

MILLIONAIRE MIND ACTIONS :

1. Get educated. Take investment seminars. Read at least one investment book a month. Read magazines such as Money, Forbes, Barron’s, and the Wall Street Journal. I’m not suggesting you follow their advice gesting you get familiar with what financial options are out there. Then choose an arena to become an expert in and begin investing in that area.
 
2. Change your focus from “active” income to “passive” income. List at least three specific strategies with which you could create income without working, in either the investment or the business field. Begin researching and then take action on these strategies.

3. Don’t wait to buy real estate. Buy real estate and wait.

RICH PEOPLE CONSTANTLY LEARN AND GROW WHILE POOR PEOPLE THINK THEY ALREADY KNOW



You can be right or you can be rich,but you can’t be both.

To get paid the best, you must be the best.

MILLIONAIRE MIND ACTIONS :

1. Commit to your growth. Each month read at least one book, listen to one educational tape or CD, or take a seminar on money, business, or personal development. Your knowledge, your confidence, and your success will soar!

2. Consider hiring a personal coach to keep you on track .

3. Attend the Millionaire Mind Intensive. This amazing event has transformed the lives of thousands and thousands of people and will transform your life too!

RICH PEOPLE ACT IN SPITE OF FEAR WHILE POOR PEOPLE LET FEAR STOP THEM



 
Action is the “bridge” between the inner world and the outer world. It is not necessary to try to get rid of fear in order to succeed. If you are willing to do only what’s easy, life will be hard. But if you are willing to do what’s hard, life will be easy.
 
The only time you are actually growing is when you are uncomfortable. Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success.

MILLIONAIRE MIND ACTIONS :

1. List your three greatest worries, concerns, or fears regarding money and wealth. Challenge them. For each, write down what you would do if the situation you fear actually happened. Could you still survive? Could you make a comeback? Chances are that the answers are yes. Now quit worrying and start getting rich!
 
2. Practice getting out of your comfort zone. Intentionally make decisions that are uncomfortable for you. Speak to people you normally wouldn’t speak to, ask for a raise in
your job or raise your prices in your business, wake up an hour earlier each day, walk in the woods at night. Take the Enlightened Warrior Training. It will train you to be
unstoppable!

3. Employ “power thinking.” Observe yourself and your thought patterns. Challenge the little voice in your head whenever it tells you “I can’t” or “I don’t want to” or “I don’t feel like it.” Don’t allow this fear-based, comfortbased voice to get the better of you. Make a pact with yourself that whenever the voice tries to stop you from doing something that would be supportive to your success, you will do it anyway, to show your mind that you are the boss, not it. Not only will you increase your confidence dramatically, but eventually this voice will get quieter and quieter as it recognizes it has little effect on you.

RICH PEOPLE MANAGE THEIR MONEY WELL WHILE POOR PEOPLE MISMANAGE THEIR MONEY WELL



Until you show you can handle what you’ve got, you won’t get any more! The habit of managing your money is more important than the amount. Either you control money, or it will control you.

MILLIONAIRE MIND ACTIONS :

1. Open your Financial Freedom bank account. Put 10 percent of all your income (after taxes) into this account. This money is never to be spent, only invested to produce passive income for your retirement.
 
2. Create a Financial Freedom jar in your home and deposit money into it every day. It could be $10, $5, $1, a single penny, or all your loose change. Again, this will put daily attention on your financial freedom, and where attention goes, results show.

3. Open a play account or have a play jar in your home where you deposit 10 percent of all your income. Along with your play account and your financial freedom account, open four more accounts and deposit the following percentages into each:
10 percent into your Long-Term Savings for Spending
Account
10 percent into your Education Account

RICH PEOPLE FOCUS ON THEIR NET WORTH WHILE POOR PEOPLE FOCUS ON THEIR WORKING INCOME



The true measure of wealth is net worth, not working income.
 
“Where attention goes, energy flows and results show.”
 
MILLIONAIRE MIND ACTIONS :

1. Focus on all four net worth factors: increasing your in come, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.
 
2. Create a net worth statement. To do this, add the current dollar value of everything you own (your assets) and subtract the total value of everything you owe (your liabilities). Commit to tracking and revising this statement each quarter. Again, by virtue of the law of focus, what you track will increase.
 
3. Hire a financial planner who is highly successful and works with a well-known, reputable company. Again, the best way to find a great financial planner