10 STEPS ON HOW TO CREATE WEALTH
10 STEPS ON HOW TO CREATE WEALTH.
Excerpts from Grant Cordone Millionaire Booklet
One of the major cause of poverty in our society today is ignorance on how to create wealth, seemingly because of its weighty and too much demanding task. Often times we see it as a phenomenon for the so called aristocrats, but making wealth can be for anybody let’s see 10 tips that will aid us in becoming that multi-millionaire we have always dreamed of becoming:
GETTING RICH IS NOT A FANTASY.
Schools never broke the subject on how to get rich. It is a topic reserved for fantasies and movies. I’d be glad to tell you that 4 out 5 millionaires worked under somebody. The reason most people don’t get rich is because they don’t consider it a possibility, you don’t expect God to take care of your finances when you’re in charge of making it work. You shouldn’t see being or getting super rich as a taboo. Getting rich is also vital to your survival and your ability to help those you love. The simplicity of money is not complicated. Amassing financial freedom is very much easy. Money will not make you happy or unhappy.
BUILD YOUR MINDSET TO BECOME A MILLIONAIRE.
To get more money, you have to make or build your mindset and mental part right. You need to lose your mind. Getting rich is always a game of offence not defense. You have to take risk at the right time. Wealth knows no age or sex. You need to play the game of wealth on offense. Also to play the game of wealth you need to have a strategy. You hold an information that can make you create millions of dollars.
THE MILLIONAIRE DECISION.
You need to decide and reinforce your decision over and over again. Those who have created wealth understands the creating financial freedom is a worthy adventure and it is possible for anyone. You need to understand that:
Getting rich is not just about you.
– Limiting yourself financially validates who you are and your abilities.
– Make sense of your situation; the first step to make wealth is by decision which includes you lose that middle class idea, mindset and mentality. It is practically laziness to think making enough money is cool to cater for a period of time. Millionaires is today’s middle class. Not having enough is insane.
DO THE MILLIONAIRE MATH.
To make wealth, it is highly recommended that you the math first before the strategy. Getting to the million dollars is about numbers not about the money.
– keep it simple: the best ideas are always simple, do the millionaire math and keep it simple, strategy will come out later.
when you quit complaining, bad aching about money and start taking responsibilities for increasing your income, it’s amazing. Money seems to flow to those who gives it the most attention and who takes the most responsibility for it. People who complain about money the most are those who are actually broke. If you’re in sales, then look for every possible means to add income. If you want money,you must quit complaining, moping or crying and making excuses. You must also drop the entitlement thing. Being broke is unethical. Everyone should get involve into online marketing.
No one can ever get rich without increasing income. The creation of wealth earlier on is not by saving or investing, it’s about increasing your income flow. If you think creating a business brings wealth then its not true, 3 out of 4 millionaires worked for someone. The reality is you are a business. The value of your business today is based on the fact that you’re able to raise income. You don’t need a business plan, you need a commitment, remember you don’t start a business, you’re a business. There are so many ways to increase your income today like never before in the history of mankind from internet sales to writing blogs to editing for authors, releasing a podcast or joining a great networking company. Keep increasing your income and increments until you start increasing in surges, the surges will happen when you increase the skills and start making investment. If you end up with people who can’t pay, you’ll end up not being able to pay.
WHO’S GOT MY MONEY?
People get a business plan to start a business but never ask “who’s got my money?.” Let me reiterate this again, if you spend all your time with people who can’t pay, you’ll end up being a person who can’t pay. Hot fact code of building wealth is “follow the money “. The question “who’s got my money” is one of the most powerful concept in the creation of wealth and time. Keep asking yourself “who’s got my money ” until you find answers on who’s got your money and you do whatever it takes. Once you’re committed to this concept fully, the money will follow like magic. Being poor is selfish, self centered and it’s self serving. You’re not gonna become rich from your garage, closet or living room, it doesn’t happen.
The most important thing you must learn about any business is sales- Mike Cuban. Sales as simple this “who’s got my money “. For now make a list of who’s qualified, who has your money and make yourself known to them. If you have a money shortage today it is because you’re investing your time with the wrong people. There is no shortage of money in this planet, if you have none it’s about some deficiency you have regarding money. Time invested in money will always result in money, but then ask yourself who’s got my money?
When you start increasing your income ,stay broke not poor. Don’t ever have a policy of money sitting around. Staying broke keeps reinforcing the actions that’s already proven successfully. An idea plus hard work multiplied over long period of time plus discipline will always equal success. Ideas are great but they mean nothing without hardwork plus discipline. Saving money and adding work over long periods of time and then using discipline with that money to create not just success in business but also financial success. Deprive yourself of luxury now for the possibility of financial freedom for the future. Pay the price today so you can pay any price tomorrow.
SAVE TO INVEST, DON’T SAVE TO SAVE.
Investing money is how you’ll get super rich. The only reason to save money is to one day invest money. People don’t create wealth because they never invest enough in a deal to get a pay-off significant enough. Don’t bet too small. The wealth creators make big plays,big bets to giant investment not little or tiny ones. To get rich on an investment you must have surpluses of cash and you must have tremendous of confidence in your investment when you know it’s the right thing. Go all in, go in fast. Remember speed is power.
MULTIPLE FLOWS OF INCOME.
Creating multiple flows of income is the only grill in gaining financial freedom and true wealth. Never try to complain about any flow of income. Complaining about your money situation never seem to make you more money. The most common mistake people make on common multiple flows of income is by walking away from the current one. The next most mistake people do is moving to secondary flows that they are not familiar with, similar to the first. Never abandon your first flow of income, when you have a second flow make a commitment never to ignore the first flow. You should think well enough before you leave any income flow. You should think well enough before you leave any income flow, no one is too small. Never turn your back on customers who got you to where you are now. When you go to the second flow, it should help everyone around you not take from anyone. Nothing creates financial confidence more than strong flows of income. Money might not make you happy but it will create a different swag and confidence. To create multiple flows of income requires commitment and especially discipline in how you use your time and money.
– Increase your income then add to your income by starting second symbiotic flows expanding on that thing that you’re already doing.
– Bank all of the addition of money so that one day you can make investment.
– Know what you’re investing in until it’s not a gamble risk but a sure thing. This investment should create new flows and new wealth which will allow you to make new investment that will create additional more passive flows of income and never ignore attention of the earlier ones.
REPEAT, REINFORCE AND HYPER FOCUS.
Getting rich doesn’t just happen, it comes with a lot of challenges. You’ll have to give up many things. First thing you’ll have to give up is your middle class mind, Lose your mind. When you change you must become a threat to them. When you’re on way to become a millionaire, you’ll at some point need to change your environment and by that I mean your friends and family, it doesn’t mean you have to get rid of people, it means you’ll have to add people new people. If you wanna make it into the club of wealth, you must add new connections and that means you need to reach up. If you don’t change your surroundings, you will not make it. People committed to success want others to be successful. One way to find the right people is to invest in yourself.
– Don’t spend time or money on irrelevant things, if you must borrow money to make yourself better, do it.
When you practice these 10 steps :
– It will be harder than you think.
– It will be easier than you think.
– You’ll achieve way more than you imagine possible.
Micheal Emmanuel, a seasoned writer, idealist,entrepreneur. Contact me on facebook :Mike Emmy.
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