How An Average Person Can Become A Millionaire - Step By Step Directions
Millionaires are definitely in the minority & this is absolutely no accident.
The main reason why most people aren't wealthy is because most people simply do not want to be rich.
If you asked most of the people that you know if they would like to make a million they most likely would say yes.
The thing is that most people wouldn't mind receiving a million dollars if they didn't have to do anything out of their way to receive it.
Many people do not make money their first priority.
If you asked the masses to name their top 5 priorities in life, they would generally prioritize them in the following order: 1.
Family 2.
Living Expenses 3.
Entertainment 4.
Vacations 5.
Retirement Now here are a Millionaire's Priorities: 1.
Family 2.
Making More Money 3.
Focus 4.
Opportunity 5.
Constant Growth Do you see the difference in the mindset above? The first group seems to focus on survival & entertainment.
The second group seems to focus on prosperity.
Think about this for one minute.
If you focus on just paying bills & surviving then that is what you will be doing for a very long time.
Now if you changed your focus to making more money instead of just paying off debts, then entertainment, vacations, retirement & living expenses will be the by product of making more income.
Here is the main problem: Most people do not want to take anymore time than they have to put in at their jobs to earn income.
After work they rush home to spend what little time they have left in the day to be with their families or to do something they enjoy.
Here are some more comparisons in the mind set of the masses to the millionaire: o Millionaires focus on getting paid for their efforts.
The masses focus on getting paid for their time.
o Millionaires don't mind working 7 days per week or after hours if they have to.
The masses only want to work during business hours.
o Millionaires don't think a road block is a problem.
They just look at it as something that needs a solution.
The masses will tend to become petrified at the first road block.
If you truly want to become wealthy then you have got to start thinking like a millionaire right now even if you don't have the money yet.
Many Millionaires were not born rich.
Many came from poverty.
Anyone can become a millionaire by using the following 5 steps: 1.
Seek Wisdom 2.
Income Goal 3.
Timing 4.
Opportunity 5.
Commitment Seek Wisdom: Start building your mind everyday by educating yourself personally.
Read books & go to seminars on wealth building.
Surround yourself with like minded individuals.
Model rich & famous people.
Seek out a mentor.
Make a decision to change your mindset as of today.
Millionaires are constantly building their minds & getting coached.
They know that no matter how much they have accomplished, there is always room for growth.
Income Goal: I will guess that your goal is a million dollars if you are reading this article but is that believable to you? Here is an example of what I mean: If someone only made $50,000 per year but wanted to make a million instead then that would be making 20 times more than what they are used to.
It is a very big stretch.
It would be easier to make an income goal of $80,000 instead.
$80,000 is more believable for someone who only makes $50K.
Now once they achieve $80K, then they can change their income goal to $100K & so on.
Pick an income goal & write it down.
Timing: Find out when you want to start making this kind of income.
Don't wait for the opportunity to present itself.
Instead give yourself a realistic deadline.
If you say something like "sometime this year" then you have absolutely no idea & may never get started on your road to abundance.
Pick a date for example: I want to increase my income by $30K by the next 6 months.
Pick a date & write it down.
Opportunity: Now once you have a date & time then you can start looking for opportunities to increase your immediate cash flow.
Look for a second source of income that can give you a residual income stream.
Residual income will give you extra income without the constant extra effort.
It is always better to keep doing what you are currently doing for your primary income while at the same time building a second income stream.
Once you have a second income stream bringing you a constant flow of income, find another opportunity & repeat.
This is where it gets tricky.
Most people try to build 3 or 4 multiple income streams at the same time but do not experience success in any of them because they get overwhelmed.
Start with one opportunity at a time.
Commitment: Make a commitment to yourself that you will do everything humanly possible to get what you want as long as you do not hurt anyone.
Stick with your plans no matter how many road blocks you hit.
In order to earn a million dollars (which is out of the ordinary) you will have to take the road less travelled.
Stick to your guns & you will achieve your desired outcome.
This is what makes a millionaire a millionaire.
Their desire is so strong that they stay in the game long enough to reap their rewards.
The main reason why most people aren't wealthy is because most people simply do not want to be rich.
If you asked most of the people that you know if they would like to make a million they most likely would say yes.
The thing is that most people wouldn't mind receiving a million dollars if they didn't have to do anything out of their way to receive it.
Many people do not make money their first priority.
If you asked the masses to name their top 5 priorities in life, they would generally prioritize them in the following order: 1.
Family 2.
Living Expenses 3.
Entertainment 4.
Vacations 5.
Retirement Now here are a Millionaire's Priorities: 1.
Family 2.
Making More Money 3.
Focus 4.
Opportunity 5.
Constant Growth Do you see the difference in the mindset above? The first group seems to focus on survival & entertainment.
The second group seems to focus on prosperity.
Think about this for one minute.
If you focus on just paying bills & surviving then that is what you will be doing for a very long time.
Now if you changed your focus to making more money instead of just paying off debts, then entertainment, vacations, retirement & living expenses will be the by product of making more income.
Here is the main problem: Most people do not want to take anymore time than they have to put in at their jobs to earn income.
After work they rush home to spend what little time they have left in the day to be with their families or to do something they enjoy.
Here are some more comparisons in the mind set of the masses to the millionaire: o Millionaires focus on getting paid for their efforts.
The masses focus on getting paid for their time.
o Millionaires don't mind working 7 days per week or after hours if they have to.
The masses only want to work during business hours.
o Millionaires don't think a road block is a problem.
They just look at it as something that needs a solution.
The masses will tend to become petrified at the first road block.
If you truly want to become wealthy then you have got to start thinking like a millionaire right now even if you don't have the money yet.
Many Millionaires were not born rich.
Many came from poverty.
Anyone can become a millionaire by using the following 5 steps: 1.
Seek Wisdom 2.
Income Goal 3.
Timing 4.
Opportunity 5.
Commitment Seek Wisdom: Start building your mind everyday by educating yourself personally.
Read books & go to seminars on wealth building.
Surround yourself with like minded individuals.
Model rich & famous people.
Seek out a mentor.
Make a decision to change your mindset as of today.
Millionaires are constantly building their minds & getting coached.
They know that no matter how much they have accomplished, there is always room for growth.
Income Goal: I will guess that your goal is a million dollars if you are reading this article but is that believable to you? Here is an example of what I mean: If someone only made $50,000 per year but wanted to make a million instead then that would be making 20 times more than what they are used to.
It is a very big stretch.
It would be easier to make an income goal of $80,000 instead.
$80,000 is more believable for someone who only makes $50K.
Now once they achieve $80K, then they can change their income goal to $100K & so on.
Pick an income goal & write it down.
Timing: Find out when you want to start making this kind of income.
Don't wait for the opportunity to present itself.
Instead give yourself a realistic deadline.
If you say something like "sometime this year" then you have absolutely no idea & may never get started on your road to abundance.
Pick a date for example: I want to increase my income by $30K by the next 6 months.
Pick a date & write it down.
Opportunity: Now once you have a date & time then you can start looking for opportunities to increase your immediate cash flow.
Look for a second source of income that can give you a residual income stream.
Residual income will give you extra income without the constant extra effort.
It is always better to keep doing what you are currently doing for your primary income while at the same time building a second income stream.
Once you have a second income stream bringing you a constant flow of income, find another opportunity & repeat.
This is where it gets tricky.
Most people try to build 3 or 4 multiple income streams at the same time but do not experience success in any of them because they get overwhelmed.
Start with one opportunity at a time.
Commitment: Make a commitment to yourself that you will do everything humanly possible to get what you want as long as you do not hurt anyone.
Stick with your plans no matter how many road blocks you hit.
In order to earn a million dollars (which is out of the ordinary) you will have to take the road less travelled.
Stick to your guns & you will achieve your desired outcome.
This is what makes a millionaire a millionaire.
Their desire is so strong that they stay in the game long enough to reap their rewards.
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