Do multimillionaires have a secret ingredient for reaching the financial success that they enjoy now? There’s got to be such a thing, a fool proof guideline on how to get to multimillionaire status. Well the secret has been let out not so long ago in a featured article fromEntrepreneur Magazine
Invest, decide, duty, these are key words that may just spell the difference in your life. Reading through the article gives you an idea how a multimillionaire’s mind would operate. From making that decision to be a millionaire and reminding yourself of the decision EVERYDAY to shifting your mind set from spending to investing. Surprisingly simple and practical concepts that can be followed by anyone who wants to be a multimillionaire will be able to apply right away. Below are excerpts from The Seven Secrets of Self-Made Multimillionaires as put together by Grant Cardone of Entrepreneur Magazine.
No. 1: Decide to Be a Multimillionaire: Every day for years, I wrote down this statement: "I am worth over $100,000,000!"
No. 2: Get Rid of Poverty Thinking: "Eat all your food; there are people starving," "Don't waste anything," "Money doesn't grow on trees." These encourage scarcity & fear. Real wealth and abundance aren't created from such thinking.
No. 3: Treat it Like a Duty: Self-made multimillionaires are motivated not just by money, but by a need for the marketplace to validate their contributions.
No. 4: Surround Yourself with Multimillionaires: You need to know what people are doing to create wealth and follow their example: What do they read? How do they invest? What drives them? How do they stay motivated and excited?
No. 5: Work Like a Millionaire:Rich people treat time differently. They buy it, while poor people sell it.
No. 6: Shift Focus from Spending to Investing: The rich don't spend money; they invest
No. 7: Create Multiple Flows of Income: The really rich never depend on one flow of income but instead create a number of revenue streams.Click here to read the complete article