MONEY

How to Build a Millionaire Mindset in 6 easy steps

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We all like to dream of being rich financially. For most people though, it is always a dream come true. Why is that?

That is because most people do not set their sights on achieving that goal. They may not be happy in their current situation but they are comfortable – and comfort is one of the biggest enemies of growth.

How do you keep developing that millionaire mindset? By following these simple steps:

  1. Focus on What You Want – And Take It!
    Most people are too ashamed to admit that they want something and then want it. When there is something you want to achieve don’t think “I will never do that”, think “I can do that and I WILL do that”.

Millions are playing to win, not to avoid defeat.

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This does not mean that you have to be a greedy criminal. What it means to have self-confidence and honesty yourself. You don’t have to catch other people. There is a large unwanted gold pot in the middle of the table – why shouldn’t it be you who wants it? You deserve it!

  1. Have a Goal
    It is virtually impossible to achieve anything without setting solid goals for yourself. Only lottery winners become millionaires all night long. By setting realistic goals, you will eventually reach your goal. Don’t try to get rich quick – get a little rich.

Let’s take the idea of ​​making your first million dollars and expand what kind of goals you can set for yourself to get there. Let’s say you start in the lounge – you do enough to get a few luxury items, but nothing more.

Your first year goal could be $ 10,000 in a bank within a year. It will not be easy but it is possible. Next, you need to find the steps you need to take to achieve that goal.

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Always look for ways to make growth before cuts. With that in mind, you may want to see if you can negotiate a raise with your employer, even if there is another job out there that will pay better. You may be relieved of your old job but remember, comfort brings growth.

You can have other skills besides your workplace that you can make money to increase your bank balance. Maybe you can design websites for people, for a certain amount of money, or make changes to clothes.

If this is not enough to make the money you need to save $ 10,000 a year, it’s time to look at the reduction. Do you have a lot of old trash that someone might like? Sell! Do you need to spend $ 10 on your daily lunch when you can make up for a small portion of your expenses?

If you are going to become a millionaire, you need to start raising money.

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  1. Don’t Spend Your Money – Invest It
    The reason you need to raise money is the third step. Billions are often people who save money, and that’s because they know the real value of investing in investing. Being your own boss means being a millionaire. You will want to quit your normal job for a while.

Stop working for your money and make your money work for you.

Instead of buying a new iPad, that $ 500 can be used to invest in the stock market. Get the right shares (more on that later), and that amount can double within a year.

It’s not just the stock market – it’s just the stock, and your own education.

  1. Never Stop Reading
    It’s a good idea to invest in yourself.

When most people leave the education system, they think that their schooling is over. Not those that are possible, but yours should not be. Successful people continue to learn and adapt.

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Billionaire Warren Buffet estimates that he read at least 100 investment books before he turned 20. Most people never read another book after school. Who would you like to be?

Learn all you can about how the economy works, how stock markets work, how they operate.

Learn new skills. If you are interested in it, read everything you can about it. You may be surprised at how often, skills that seem insignificant can be very helpful in the right situation.

  1. Think Big
    While I advise you to start with small goals, you should have a big goal in mind. If you have a business idea, that’s your main goal – to start that business and be successful. If you want to invest millions of dollars and do a little work without research, then that is your main goal.

Shame on you for not achieving a great goal. If you run a business and aim to make a profit of $ 1 million a year and then “only” make $ 200,000, then you are in the best position for most people.

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Fight for the stars, if you fail you will be over the moon.

  1. Enjoy Attention
    To be successful, you need to be willing to advertise and enjoy a measure of attention. Now care doesn’t have to be for you, it can be for your product, but care definitely draws money.

Never be ashamed to get your name out there. That means getting noticed and having the courage to go under it.

If you run a business, try contacting local papers. You may be surprised at how often they run a story about you and your business, and all of this is a free story.

Above all, remember: You control your future. Push hard enough with anything and you will get it.

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Categories:MONEY, MOTIVATION

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