How to become a millionaire the reality of the world is that whether young or old jobless are employed we all desire to be rich a look at some of the world's richest people gives us a peek into the kind of lifestyles we all wish we had unfortunately only a few of us ever really get there which means there are certain skills that the rich applying life that most of us don't could it be that we're not following the right principles or maybe were simply not smart enough or is it that we're just too afraid to give entrepreneurship in the possibility of living the good life shot sure it's true you could lose all of your money your job and even become bankrupt while pursuing your dreams so the question then becomes is your financial freedom worth it the truth is that the transition between converting your money ideas into practical methods is daunting it's quite easy to look around and feel that we were born into the wrong family or that we don't have the necessary connections capital or skills to fulfill our dreams for most of us it's easy to believe that getting a 7 figure income could only come from holding a position such as a CEO or manager in an extremely successful company which is obviously impossible for everyone this means that to become financially free you have to become either self employed an investor a business owner or a successful entrepreneur so in this video I'm going to share with you some of the traits and habits that millionaires use to become rich and successful would you can borrow and apply in your life to help you on your journey to financial freedom
mindset is everything though highly repeated the mindset concept is still very poorly applied among most of us remember that your environment is one of the key determinants of who you become in the future for most of us becoming richer financially free rarely crosses our minds for very long even when the thought doesn't care it's mostly a fleeting fantasy of what life could be in another world our schoolmates friends work mates Jim partners the people around us and who we socialize and interact with our most likely in the same financial bracket that we're in which is most likely living paycheck to paycheck or if they're lucky just getting by so we have nothing to measure up to accept the little we see around us some of us even have role models who are not wealthy or if they are wealthy there probably some form of playboy celebrity music artist or someone who recently made it filthy rich and what all these people do is show you they're nice big houses their posh cars and jewelry they're amazing quote unquote fun life filled with amazing parties every weekend and just an amazing attractive life that we all dream of having and what we do we eat all of it up although I've got nothing against these people they never give you the full picture and besides they're simply not good role models to look up to in your financial journey you should instead be inspired by people like Warren Buffett Bill Gates Steve Jobs Rockefeller Phil knight Oprah Richard Branson and Robert Kiyosaki Justin name a few read their books and autobiographies watch their documentaries and be inspired by their often humble beginnings some of these folks started with almost nothing there's a lot that we can learn from them you can also get inspiration from your local entrepreneurs your role models don't necessarily have to be millionaires or billionaires it could even be your next door neighbor so have a chat with them find out things they're doing to make that extra dollar you could surprise you they might even be a business owner who wouldn't mind mentoring you visit your local bakery supermarket owner restaurant owner or any person that you admire asked to meet them they're usually more than willing to share their stories of how they started or maybe even mentor you it's worth a shot and you won't lose anything by trying consider the case of Adam Horowitz the developer of mobile monopoly now not the game but it to Torio for learning mobile marketing at 15 he had one goal in mind and that was to create $1000000 company by the time he was 21 as unbelievable as it seemed at the time for which continue to challenge himself and by the time he was 18 he successfully reached his $0 goal his platform teaches businesses how to generate money by earning mobile marketing leads this is just one example of a purse. Send a child to some who had a goal in mind and he was able to discipline himself focus and with hard work achieve his goal so achieving our dreams is in fact very possible but changing your mindset is the very first step to achieving your dreams
indecisiveness in becoming successful while many of you have pictured owning a business or becoming self employed you do not see ourselves becoming extremely successful entrepreneurs you limit your thinking to a certain extent where you feel life is just okay and okay is good enough but this is seldom true your social conditioning could be the reason you're still an old job that you hate for the same reason you've never made plans to pursue what you love perhaps you have never imagined self employment as a way of bringing value to the world successful screenwriters authors actors bloggers business owners and entrepreneurs create something of value that impacts people's lives so much that people are always willing to pay them for the services or product they're selling by doing this they bring value to the world which the world then rewards them with riches popularity and high status to become rich you have to bring value to the world E. long musk said we are rewarded for the difficulty of task we saw so if there is a huge problem in the world and you solve it you will most likely become very very rich
having low self esteem towards business okay so it's quite easy to always postpone or blame other factors for not pursuing your goals for financial freedom and independence right sometimes you might feel you lack the right education the necessary skills the money or the economy isn't doing that well so you keep postponing your plants hopefully things will look better next year you tell yourself but the reality is it most likely won't these are all excuses that people continually give themselves and end up wasting time and never pursuing their dreams take the example of John Kuhn a Chinese American entrepreneur artist and fashion designer who started out by selling spare car parts even supplied the TV series pimp my ride with spare parts he then proceeded to sell merchandise to renowned artists such as Jeezy and Jay Z. making. His first 0 at the tender age of 16 his interest in efforts in fashion obscene and become a millionaire worth over $40000000 responsibility should be taken for all actions emotions job career and all aspects of life putting off the idea venturing in your own business for a day turns into weeks then months then years and before you know it an entire lifetime your own choices are limiting you from being the best you can be if you truly desire to be wealthy and move from making maybe $30000 to maybe $50000 a year you need a strategic plan to make the extra 20000 if your job won't offer you a promotion then it's your personal responsibility to venture out on your own and find a business or investment that will make you the extra cash becoming financially free takes time and dedication and postponing the agenda will not bring you any closer to your dream
prioritizing everything else over your dreams we always find something to interrupt our plans right a party with our friends a third job an entire day with our girlfriend or friends or maybe it could be our family there's nothing wrong with creating bonds with those close to us however you have to set aside time to work on your own projects if you don't absolutely have to attend the party next door don't if you can reduce the amount of time you spend talking your friends do it and explain to them that you have a personal goal you'd like to achieve there are too many distractions around us and by not prioritizing our dreams we eventually lose focus the rich know that they have to make this sacrifice because everything comes at a cost especially your dreams prioritizing your dreams also means that you need a solid plan and procedures to follow people do not become the best by doing everything the same way other people do like wise you need techniques mindsets and routines that put you ahead as you plan to be successful keep a healthy attitude and self will to push yourself forward you also need to see the long term picture and dedicate more of your time towards progressive economic success.
become an independent thinker standing out means that you need to be unique in what you do and it all begins with what you think social conditioning is easy and at times difficult to escape since we all want to belong someplace we all want the latest clothes the lady shoes the newest car model to go to the same church service and even attend the same schools group mentality is further extended into what we consider a chi mobile acceptable and what is not to become financially free you need to think independently you need to start creating your own answers and solutions instead of relying on other people to provide them for you you need to be inquisitive and challenge the status quo you also have to stop following others blindly I know which advice to follow or disregard being different may be difficult sometimes but it's also an important part of becoming rich
maximize your time there's a poem by Willie Jollie that I like quite a lot and it goes like this I only have just a minute only 60 seconds and it forced upon me I can't refuse it I didn't seek it I didn't use it but it's up to me to use it I must suffer if I lose it give account if I abuse it just a tiny minute but an eternity in it you see folks the rich think big and the poor thing small the poor and middle class are unfortunately the people who spend an extra hour or 2 running around the store looking for a 5 percent discount on a shirt saving only a few dollars a rich person does not think like this a rich person is thinking how can I improve myself and make my time more valuable so that one hour of my time could be worth thousands of dollars instead of just a few dollars time is the most valuable asset we have and it's important to use it wisely
manage your money rich people manage their money well poor people do not manage their money well for example when a poor person wins the lottery and this is usually the case because wealthier people do not usually buy lottery tickets a lot of the time they will lose the money very quickly because they have no idea how to manage their money if you want to be financially successful you need to learn when to save and when to spend an opportunity might come along for you to invest in some. Nothing but if you have no money in your bank account you will not be able to invest
never stop learning this principle is the one that will really surprise you believe it or not very rich people typically do not have much of an ego the moment when you think you know everything is the moment when you stop learning rich people constantly learning grow poor people think they already know everything rich people are always trying to surround themselves with people who are smarter than they are the reason why they do this is because they were always trying to learn more and more and they are never content poor people tend to think they already know everything and they stop learning the rich understand that learning never stops they understand that in order to grow and maintain their wealth they must keep learning and educating themselves on best practices and strategies to pave it themselves in their enterprises to the next level and lastly I personally believe that this last critical tip is the most important but often overlooked for seldom mention piece of the success puzzle it's so critical that even the likes of Warren Buffett and Bill Gates have cited this habit is the reason they've amassed large fortunes and success you need self discipline you need focus self discipline is the only habit that will guarantee success in your life it's not easy to master I often struggle with it myself but if you do master it I can almost guarantee that you will succeed in whatever you do
mindset is everything though highly repeated the mindset concept is still very poorly applied among most of us remember that your environment is one of the key determinants of who you become in the future for most of us becoming richer financially free rarely crosses our minds for very long even when the thought doesn't care it's mostly a fleeting fantasy of what life could be in another world our schoolmates friends work mates Jim partners the people around us and who we socialize and interact with our most likely in the same financial bracket that we're in which is most likely living paycheck to paycheck or if they're lucky just getting by so we have nothing to measure up to accept the little we see around us some of us even have role models who are not wealthy or if they are wealthy there probably some form of playboy celebrity music artist or someone who recently made it filthy rich and what all these people do is show you they're nice big houses their posh cars and jewelry they're amazing quote unquote fun life filled with amazing parties every weekend and just an amazing attractive life that we all dream of having and what we do we eat all of it up although I've got nothing against these people they never give you the full picture and besides they're simply not good role models to look up to in your financial journey you should instead be inspired by people like Warren Buffett Bill Gates Steve Jobs Rockefeller Phil knight Oprah Richard Branson and Robert Kiyosaki Justin name a few read their books and autobiographies watch their documentaries and be inspired by their often humble beginnings some of these folks started with almost nothing there's a lot that we can learn from them you can also get inspiration from your local entrepreneurs your role models don't necessarily have to be millionaires or billionaires it could even be your next door neighbor so have a chat with them find out things they're doing to make that extra dollar you could surprise you they might even be a business owner who wouldn't mind mentoring you visit your local bakery supermarket owner restaurant owner or any person that you admire asked to meet them they're usually more than willing to share their stories of how they started or maybe even mentor you it's worth a shot and you won't lose anything by trying consider the case of Adam Horowitz the developer of mobile monopoly now not the game but it to Torio for learning mobile marketing at 15 he had one goal in mind and that was to create $1000000 company by the time he was 21 as unbelievable as it seemed at the time for which continue to challenge himself and by the time he was 18 he successfully reached his $0 goal his platform teaches businesses how to generate money by earning mobile marketing leads this is just one example of a purse. Send a child to some who had a goal in mind and he was able to discipline himself focus and with hard work achieve his goal so achieving our dreams is in fact very possible but changing your mindset is the very first step to achieving your dreams
indecisiveness in becoming successful while many of you have pictured owning a business or becoming self employed you do not see ourselves becoming extremely successful entrepreneurs you limit your thinking to a certain extent where you feel life is just okay and okay is good enough but this is seldom true your social conditioning could be the reason you're still an old job that you hate for the same reason you've never made plans to pursue what you love perhaps you have never imagined self employment as a way of bringing value to the world successful screenwriters authors actors bloggers business owners and entrepreneurs create something of value that impacts people's lives so much that people are always willing to pay them for the services or product they're selling by doing this they bring value to the world which the world then rewards them with riches popularity and high status to become rich you have to bring value to the world E. long musk said we are rewarded for the difficulty of task we saw so if there is a huge problem in the world and you solve it you will most likely become very very rich
having low self esteem towards business okay so it's quite easy to always postpone or blame other factors for not pursuing your goals for financial freedom and independence right sometimes you might feel you lack the right education the necessary skills the money or the economy isn't doing that well so you keep postponing your plants hopefully things will look better next year you tell yourself but the reality is it most likely won't these are all excuses that people continually give themselves and end up wasting time and never pursuing their dreams take the example of John Kuhn a Chinese American entrepreneur artist and fashion designer who started out by selling spare car parts even supplied the TV series pimp my ride with spare parts he then proceeded to sell merchandise to renowned artists such as Jeezy and Jay Z. making. His first 0 at the tender age of 16 his interest in efforts in fashion obscene and become a millionaire worth over $40000000 responsibility should be taken for all actions emotions job career and all aspects of life putting off the idea venturing in your own business for a day turns into weeks then months then years and before you know it an entire lifetime your own choices are limiting you from being the best you can be if you truly desire to be wealthy and move from making maybe $30000 to maybe $50000 a year you need a strategic plan to make the extra 20000 if your job won't offer you a promotion then it's your personal responsibility to venture out on your own and find a business or investment that will make you the extra cash becoming financially free takes time and dedication and postponing the agenda will not bring you any closer to your dream
prioritizing everything else over your dreams we always find something to interrupt our plans right a party with our friends a third job an entire day with our girlfriend or friends or maybe it could be our family there's nothing wrong with creating bonds with those close to us however you have to set aside time to work on your own projects if you don't absolutely have to attend the party next door don't if you can reduce the amount of time you spend talking your friends do it and explain to them that you have a personal goal you'd like to achieve there are too many distractions around us and by not prioritizing our dreams we eventually lose focus the rich know that they have to make this sacrifice because everything comes at a cost especially your dreams prioritizing your dreams also means that you need a solid plan and procedures to follow people do not become the best by doing everything the same way other people do like wise you need techniques mindsets and routines that put you ahead as you plan to be successful keep a healthy attitude and self will to push yourself forward you also need to see the long term picture and dedicate more of your time towards progressive economic success.
become an independent thinker standing out means that you need to be unique in what you do and it all begins with what you think social conditioning is easy and at times difficult to escape since we all want to belong someplace we all want the latest clothes the lady shoes the newest car model to go to the same church service and even attend the same schools group mentality is further extended into what we consider a chi mobile acceptable and what is not to become financially free you need to think independently you need to start creating your own answers and solutions instead of relying on other people to provide them for you you need to be inquisitive and challenge the status quo you also have to stop following others blindly I know which advice to follow or disregard being different may be difficult sometimes but it's also an important part of becoming rich
maximize your time there's a poem by Willie Jollie that I like quite a lot and it goes like this I only have just a minute only 60 seconds and it forced upon me I can't refuse it I didn't seek it I didn't use it but it's up to me to use it I must suffer if I lose it give account if I abuse it just a tiny minute but an eternity in it you see folks the rich think big and the poor thing small the poor and middle class are unfortunately the people who spend an extra hour or 2 running around the store looking for a 5 percent discount on a shirt saving only a few dollars a rich person does not think like this a rich person is thinking how can I improve myself and make my time more valuable so that one hour of my time could be worth thousands of dollars instead of just a few dollars time is the most valuable asset we have and it's important to use it wisely
manage your money rich people manage their money well poor people do not manage their money well for example when a poor person wins the lottery and this is usually the case because wealthier people do not usually buy lottery tickets a lot of the time they will lose the money very quickly because they have no idea how to manage their money if you want to be financially successful you need to learn when to save and when to spend an opportunity might come along for you to invest in some. Nothing but if you have no money in your bank account you will not be able to invest
never stop learning this principle is the one that will really surprise you believe it or not very rich people typically do not have much of an ego the moment when you think you know everything is the moment when you stop learning rich people constantly learning grow poor people think they already know everything rich people are always trying to surround themselves with people who are smarter than they are the reason why they do this is because they were always trying to learn more and more and they are never content poor people tend to think they already know everything and they stop learning the rich understand that learning never stops they understand that in order to grow and maintain their wealth they must keep learning and educating themselves on best practices and strategies to pave it themselves in their enterprises to the next level and lastly I personally believe that this last critical tip is the most important but often overlooked for seldom mention piece of the success puzzle it's so critical that even the likes of Warren Buffett and Bill Gates have cited this habit is the reason they've amassed large fortunes and success you need self discipline you need focus self discipline is the only habit that will guarantee success in your life it's not easy to master I often struggle with it myself but if you do master it I can almost guarantee that you will succeed in whatever you do

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