Showing posts with label How to Become a Millionaire. Show all posts
Showing posts with label How to Become a Millionaire. Show all posts

Tuesday, June 8, 2010

How to Become a Millionaire – Choosing the Right Business Opportunity

Have you ever wondered how to become a millionaire by running your own business, here are some rules on how to choose the right business for you.

How do you go about choosing the right business opportunity for you? You know, life is just a bunch of decisions strung together. Choosing the right kind ofbusiness opportunity for you could be one of those important decisions on the road to wealth creation. Making the wrong decision could cost you millions and making the right decision could make you millions. Here are a few simple rules you can apply to choosing the right type of business for you.

1.Follow Your Passions (But Not Your Hobbies)

Nothing great in the world has ever been achieved without passion. The best kind of business is always to make or sell a product or service you know and love. This is because if you’re starting a business, you’re most likely going to be in it for the long haul. Without passion you’ll run or of steam real fast especially under trying circumstances and the business is likely to fail. Passion and love of what you do will sustain you through the ups and downs. And your successes will taste that bit sweeter if you’re passionate about what made you successful.

However, it’s important not to confuse your passion and your hobby. Just because you love baking apples pies doesn’t necessarily mean that starting an apple pie business is a good idea. (Read More)

2.Get Skilled or Be Killed

Passion first, skills second…but a very close second at that. Skills and talentsare the prerequisite tools you will need to just ‘do the job’. Skills and talent won’t guarantee you will become a business sensation but combined with passion and business savvy you give yourself more than a fighting chance of success. (Read More)

3.Know Your Lifestyle Requirements

Starting a new business is not glamorous. Exciting – yes but glamorous – no. You will have more flexibility as regards working hours, location etc. but even less freedom than you think. A new business can call upon 24/7 commitment from you. Contrary to popular opinion, you will work longer hours, have less time (for yourself and family), more stress and more sleepless nights than you could ever have working for someone else. If you’re not mentally prepared for this reality your dream business could quickly become a nightmare. So, make sure the type of business you chose fits the kind of lifestyle you want to lead. (Read More)

Starting or running a business can require a lot of energy, commitment and of course money so you really want to avoid wasting your time and money barking up the wrong tree! Applying the very simple rules above will help you avoid the pitfalls so that you can belong to elite of few business owners who become millionaires running their own businesses. Check outwww.millionairemindsetsecrets.comyou’ll get instant access to insider secrets on How to Become a Millionairewww.millionairemindsetsecrets.com

10 Must-Read Books on Wealth Creation

There are many great books you can read to give you an understanding of wealth building. Here are a few classics I recommend:

Wealth Creation 10 Must Read Books

1. Think and Grow Rich by Napoleon Hill
2. Rich Dad Poor Dad by Robert Kiyosaki
3. The Richest Man in Babylon by George S. Clason
4. The Seven Habits of Highly Effective People by Stephen R. Covey
5. How to Win Friends and Influence People by Dale Carnegie
6. You Were Born Rich by Bob Proctor
7. The Science of Getting Rich by Wallace D. Wattles
8. The One-Minute Millionaire by Robert Allen & Mark Victor Hansen
9. 21 Success Secrets of Self-Made Millionaires by Brian Tracy
10. The Millionaire Next Door by Thomas J. Stanley & William D. Danko

These books have simple, easy to understand and easy to implement ideas on wealth building. Reading these books over and over will focus your mind and concentrate your actions.

Happy reading to you!

You can check out more great recommendations, tips and wealth creation advice on www.MillionaireMindsetSecrets.com

Monday, March 8, 2010

The Science of Getting Rich – How Anyone Can Become Rich – Part 3

If you have read the two previous posts onThe Science of Getting Rich – How Anyone Can Become Rich then you will already have discovered that being creation oriented rather than competitive and; thinking and acting in a Certain Way will result in you becoming rich. Here in Part 3 we further explore practices in the science of getting rich.

In business, the key-thought in all your efforts must be to convey THE IMPRESSION OF INCREASE in other people’s minds. Continuous advancement and increase in life is what all men and women are seeking. People are attracted to those who can give them more of the means of life and this attraction will result in you becoming rich.

The Advancing Man

THE ADVANCING MAN is one who holds a clear vision of himself as successful in his field, who obeys the laws of faith and purpose, and gratitude. No matter whether you’re a wage-earner or a businessman; whether you’re a doctor, teacher, clergyman etc., you will attract a large loyal following and never be “out of a job”! …(read more)

Some Cautions – There is no limited supply of wealth. Don’t spend any time worrying about how you will meet possible emergencies. Concern your mind with doing today’s work in a perfectly successful manner. No possible combination of circumstance can defeat a man or woman who is proceeding to get rich in the Certain Way…(read more)

Guard Your Speech

Guard your speech. Never speak of yourself, your affairs, or of anything else in a discouraged or discouraging way. Never admit the possibility of failure. Never speak of times as being hard, or of business conditions as being doubtful. When you operate on the creative plane, you can create what you want. When others are having hard times and poor business, you will find your greatest opportunities. Train yourself to think of and look upon the world as something which is becoming, growing. Never allow yourself to be disappointed. Do not hesitate or waver with fear, go on in full faith…(read more)

The Science of Getting Rich may be a hundred years old but Wattles’ ideas are as relevant today as they ever were. Make sure you read more on The Science of Getting Rich Here

The Millionaire Mind – Can You Think and Grow Rich!?


You know, being a millionaire and creating wealth is not the be all and end all. But having a millionaire mind and financial independence is a helluva lot more fun than having a poverty mindset and being broke! And it will give you the freedom to live the life you want to live...on your terms! Can you do so without money? Maybe! But it’s gonna be a heck of a lot more difficult, if not impossible, and you’ll end up compromising! So, read on to find out how you too can develop the millionaire mind.

Here are a few things you need to know about in order to develop your mind into one that will turn you into a millionaire:

1. There is Science to Getting Rich

In the book, ‘The Science of Getting Rich’ by Wallace D. Wattles, the central argument is that it’s not possible to live a really complete or successful life unless you are rich. The idea being that you can’t unfold your true potential and experience all that life has to offer if you are poor... (read more)

2. Change Your Thinking, Change Your Life

Wealth is a result...and more than any other thing it is a result of your mindset. Having the right mindset is the key to developing the millionaire mind. Unfortunately, conventional systems and institutions unwittingly teach us to go to school, then university, get a job, and get married, etc., without ever showing us how to develop our minds to their full potential. ... (read more)

3. Mind Rehearsal

In much the same way as you’d rehearse for a sales presentation or a concert you take the same approach with your mind. You practice until your new way of thinking becomes automatic i.e. the successful outcome is imprinted on your unconscious mind so strongly that your conscious thoughts are programmed for success. You basically visualise and rehearse circumstances, feelings, places etc., in your mind in order for them to manifest. This ‘mind rehearsal’ is in my opinion the most important thing you will do in your life... ... (read more)

So yes, you can literally think and get rich; so long as these thoughts are imprinted on your unconscious mind and you act accordingly. There’s a lot more on this subject than I can cove here.You can discover how to program your mind for success and begin using millionaire mind strategies.

Friday, January 15, 2010

How to Become Rich Now – No More Excuses!

If you ask just about anyone who isn't rich on how to become rich, they will most likely have many of the answers already. People know how to become rich, in general! But ask them why they themselves aren't rich and you'll get a wealth of excuses and reasons as to why they are not sitting by the pool sipping martinis!
You may know the steps, you may have invested in books, CDs and DVDs that teach you the key steps, but you might have still not made that first important step in the journey to wealth: overcoming the excuses that could be holding you back from becoming rich. Here are the top excuses that you'll need to overcome in order to become rich:

Wealth-Killer Excuse #1: "Now Is Not a Good Time"

Wealth-Killer Excuse #2: "The Market Isn't Where I Want It to Be"

Wealth-Killer Excuse #3: "I'm Not Sure What To Sell"

Wealth-Killer Excuse #4: "There's Too Much Competition"

Wealth-killer Excuse #5: "I'm Not Sure What To Do Next"

These aren't the only wealth-killing excuses you'll hear that keep you from generating wealth. But if you want to know how to become rich, a good first step is to figure out if any of these are holding you back and eliminate them from your life!

You can read the full article with advice on how to overcome each of those at www.millionairemindsetsecrets.com

Monday, January 4, 2010

How to Get Rich - Rich Dad, Poor Dad

I recently read an article by Robert Kiyosaki of Rich Dad, Poor Dad fame where he described the process on how he went from being broke in 1985 to being financially free 10 years later. What was fascinating about this was that it wasn’t HOW HE DID IT that he considered really important but WHY HE DID IT.

So, first of all, how did he do it?

From 1985 to 1994, Kiyosaki, his wife Kim, and best friend Larry Clark focused on rich dad’s three paths to great wealth:

* Increasing business skills
* Increasing money management skills
* Increasing investment skills

Why did he do it?…because he wanted to really challenge his own self-doubt, laziness and his past. He was fed up being broke and being average!

He described how if you want something, being PASSIONATE about it is essential. Passion gives energy to your life. Passion is a combination of love and hate. If you want something you don’t have, take a pen and sheet of paper and WRITE DOWN why you love what you want in one column and why you hate not having what you want in another. When you combine those two thoughts, you will draw upon an energy to help you get anything you want. It can be a good idea to share what you truly desire with a friend, to talk about it often and seek out support from people who will help you achieve your desire. So there you have it it…How to Get Rich advice from Rich Dad, Poor Dad!

Friday, November 6, 2009

Millionaire Mindset: 5 Simple Ways to Develop a Millionaire Mind!