Wednesday, September 12, 2012

The Millionaire Mindset


Do you have a millionaire mindset? Ok, maybe you do not want a million or think it is a goal too high. This is ok. The purpose of this article is to make you think of ways to think about money.

Here are some facts about millionaire by researchers Thomas Stanley's Millionaire Next Door and the Millionaire Mind:

Millionaires say that the foundation of their financial success is to be in integrity 'to be honest with all men, practicing disciplines / self-control, social skills and have the ability to get along with people, work hard' over most of the people, and a spouse support. Well, could not have a spouse for support in this moment, but do not worry, you can check out the other four factors, and achieving financial success.

1/3 of millionaires are business owners or entrepreneurs. They have the courage to take a financial risk, but are not gamblers. The type of risks they assume is related to their chosen profession or vocation. Being self employed has the risk of backup that no employer, and if you fail to deliver what the market wants, you may be out of business. Just the same, those with the mentality millionaires think it's risky not to be autonomous. And I agree! Being independent allows it to be in control of their destiny. Profits are alone and no one is stopping you from doing what you want.

Millionaires focus on success, not failure. Practitioners believe in themselves and the constant attention to their work. The words of Napoleon Hill "Think and Grow Rich" are still today. They develop an understanding of their strengths and limitations and hire others to do things that are no longer taken. They have a wide variety of common sense. And here's a key point 'have chosen the work they love.

The people who are economically independent have difficulty concentrating on their goals and work to high levels of productivity because they love their work and are excited by each day. They know that their work allows them to fully utilize their strengths, but to have self-esteem from their work and are absolutely certain that their work will make them financially independent one day. Now, note that many millionaires have had several other jobs before finding their only ideal. And probably. One of my mentors was fired from his first five jobs before finding his passion and fortune in real estate!

The rich find a great idea, often something they are passionate, they bring together a great team of people, follow the advice and hang out with people who are already where they want to be and they never let anyone steal their dream. Most people scoff at your desire to be financially free because they believe they can achieve this for themselves. Do not let them. Do not even tell them. Just being surrounded by those who are already where you want to be and share your dream with only those who know you will help you see the vision of your dream with you.

If being self-employed, working from home and being financially free is your dream, stay tuned for the next article on "Businesses Home Based great." I'm walking out the door now Starbucks, where I worked this afternoon, taking my own advice, 'I'm on my way to a club real estate investors. I built a six figure business and are now ready to generate more passive income (more on this topic in an upcoming issue), and I chose real estate investment as a way to do this. So, I am the way I learn new things that I have a passion for putting in place actions persist, meeting people who are already where I want to be and get support! ...

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