Have you ever wondered what makes a millionaire different from an average middle class person? I would say it’s just the mindset.
This means you don’t think like a millionaire, instead you need to act like one 🙂 I was fortunate to hit the million dollar mark at the age of 35, however if I look back, I feel that it was a bit late. Had I followed some basic principals early in my life, I could have hit that mark at 30 or maybe at 25.
Nevertheless, everyone has his own “time zone”. So take a deep breath, relax and follow the basic steps. I can assure you that these are the most powerful yet “simple” steps to become a millionaire !!!
Regardless of your age and what’s there in your bank account at this point in time, you can start following the basic principles.
1. Millionaires think about “IDEAS” and NOT things.
Millionaires understand that it’s the idea which is the most valuable asset in the world. They tend to focus more on big ideas for the future than on the trivial things happening in the present. In order to be successful and rich, you need to continuously expand your mind, thinking about innovative ways of doing the same things differently.
The age-old saying, ‘Winners don’t do different things. They do things differently’.
2. Millionaires take BOLD decisions and Calculated Risks… They challenge themselves and ask for more.
While an average middle class person will be happy to lead a normal life, millionaires strive to continuously challenge themselves and set their ambitions higher. Put another way, the middle class lives in fear of risking too much, while millionaires know when to go for it.
Millionaires overcome their fear with extensive skills/knowledge. They often educate themselves before taking risks, and then consider the consequences of failing. They evaluate the worst case scenario versus the power of the reward and if they feel that the rewards are exceptional, then they Go for it.
3. Millionaires think about creating multiple avenues of income.
It’s common sense… right? The more income sources you have, the more potential you have to get fatter paychecks.
But driving multiple source of income means letting go of a mindset that often holds the middle class back… The idea that you must do everything yourself as this puts extreme limits on your financial potential.
Millionaires believe they can find someone who can do not only the job as as they can, but maybe even better! This will help them in streamlining one source of income, and then move on to the next income stream.
4. Millionaires are generous.
Generosity is a necessity for the rich, while the middle class people believe that they can’t afford much to give back.
The Law of Cause and Effect states that whatever you send out into the universe comes back. In my opinion, it comes back with a bigger impact !!! Think about it.
They see money as a seed. They feel if they are generous, they will receive much more in return. This doesn’t mean that all millionaires are generous, however I just want to draw your attention to the point we discussed earlier, that if you have a mindset of being generous, 99.9% chances are that the universe will send back a reward for you!
People often use “affirmations” which help them change their mindsets. These are short sentences that we repeat to ourselves that affirm our objectives and abilities. They can be really powerful and assist you to make the shift in your thinking process. You can recite the affirmations the first thing in the morning, or after a meditation session. This is because your mind is active and receptive to these new ideas. I assure you will find it much easier to change your thought process, but you surely need to be reciting them every day.
RELATED ARTICLE: Join the Trek to become a Millionaire in just 4 simple steps.