Build your Millionaire Mindset digitalbloggers.com /business/build-yourmillionaire-mindset Aug 27, 2017 36 views Written by Pedro Campos
Author Pedro Campos
Articles written: 26 Joined: 22 July 2017 Niche: Business Internet and Businesses Online Self Improvement
Most of the people in our society have been convinced that it is not possible for them to become a millionaire. Doesn`t matter if you have a business or not, building a millionaire mindset takes commitment to the cause and letting go the old thinking, the poor thinking, the mindset which we were brought up. First of all, we have to ask if is there a million dollars in this world? Of course, there is. Ok, so we know it`s possible, because of this fact and also because somebody already did it. You have to believe in the possibility.
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The fact is that in school and college nobody teaches you how to make money and the importance of making it, maybe it`s because the teachers don`t know how to do it themselves, maybe the system is designed to program students like robots, with the same mindset. No wonder why so many people are struggling, financially, nobody taught them anything useful. Now that we know that becoming a millionaire is possible, the next step is to make the millionaire decision. You won`t reach your goals if you don`t make the decision. Scream if you have to, share on social media, let everyone know.
Grant Cardone, "Pay the price today so you can pay any price tomorrow." After you`ve made the decision, it`s important to do some math around it. Know how many months and money it will take for you to reach 1 million dollars, based on your income. Feel free to increase your income in the process. Set your targets, identify your audience or qualified buyers and save money only to invest. Another fundamental for you to build wealth is by creating multiple streams of income. This is crucial for any business or individual because it allows you to not become dependent on only one source of income, which creates vulnerability. Let`s say you have a business and your annual revenue is $400 000. What happens if that one flow of income gets shut down? Exactly, you need multiple flows of income to build wealth. This is a circular process, it works by repetition, getting rich is easy, becoming wealthy is the hardest part, it requires discipline, commitment and a sense of direction. Two things separate rich from wealthy people: wealth is a long term game and it can`t be destroyed, it survives any financial crisis, any tsunami, any economic crash. As you can see, building a millionaire mindset comes down to how bad do you want it and how much effort do you put into it. I invite you to share the article if you like it, leave any comments and feel free to connect with me on social media for more great content. Take care!
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