Home » Finance

The Millionaire's Way Of Thinking And Approach

Mar 14, 2008
It's all in the mind. Your mind can be a very powerful tool in influencing your success. It is in your strong desire and belief that can either lead to failure or success. When you put it in your mind that money is difficult to acquire, then unquestionably, no matter how hard you struggle, you will find it challenging obtaining it. It is the power of positive thinking that leads one to be successful in his goal.

Think positive, believe in yourself. If you constantly think of negative outcomes, then you will attract negative results. In your thoughts, you make a certain vibe, ambiance or "feel" which flows out attracting people including situations and results. Thinking positive thoughts and believing in positive results will attract positive reactions.

Really love, not just like yourself. Truly trust yourself that you can succeed in any goal that you set. Open up to the thought that you always deserve the best and strive for it.

Take full responsibility of your life, and the results of your actions. Never blame the problems that you encounter on others. Keep in mind that in every action that you do, there will always be a positive or a negative reaction. Before attempting on something, think carefully before you act, then you will have no one to blame than yourself of whatever result it will bring.

Choose a work or a field that you love. It is only when you love your work that you are driven and motivated to work real hard. In fact, if you love your work, you won't feel that you are working so hard, because you have the pleasure of doing it.

Think ahead, think long-term. Make up your mind and decide how much you need, how much you want, what you want to become in five, ten or fifteen years from now. Put it into writing and remind yourself of it everyday. Act on it.

Practice delaying gratification. Do not buy anything on impulse. Instead, think it over for a day or two, a week or for a month even. With this attitude, you can change the way you spend and handle money.

Be an expert in whatever field that you are in. Practice, study and learn. Seek to stand out and be recognized. Bear in mind that an individual with great expertise has so much contribution and input to build than one with average know how.

Perfect your skill. Decide to be the best. Go the distance and improve yourself continuously and make sure you do more than what you are paid for.

Think of saving. There is a saying the goes "If you can not save money, then the seeds of greatness are not in you." Saving regularly will totally change your character; you will be more impelled in buying what only is needed and necessary, thus preparing you in achieving financial security and independence.

Think back and analyze. If you have made financial mistakes in your life before, analyze those mistakes, the things they all have in common, what to do the next time you are in that situation. Learn from all your mistakes and go on in the future well equipped and ready.

Invest only in things that you really believe to succeed as well as you understand. Before taking the risks, be fully prepared, ask advice from skilled and knowledgeable people.

Myths about generating wealth

1. How much one earns will greatly depend as to how hard one works.

Not true. If this is so, then- blue collar hard working employers perhaps are the richest people in the world.

2. When one enjoys his work, it means that this isn't really work, therefore, one should not demand for money.

Not true. Millionaires already have a great deal of money they need not work anymore. But the fact is, they still do, for satisfaction, for challenge or even for fun. This just explains the fact that the more you love your work, the more drive you have on pursuing your goal, the more that you work hard, be it for yourself or for the company that you are working in; you should be paid, since you are working so hard, more than what is expected of you.

3. To accumulate wealth, one needs to be at the right business line.

Not true. In every business, there will always be winners as well as losers; winners flourish even in the most unexpected field such as collecting trash, sweeping the streets, selling newspapers etc. Then again, there are losers in such businesses as management, stockbrokers and real estates.

4. One needs education or a degree to make a lot of money.

Not true. While education is indeed important, the fact is, wealthy people are the one's that can successfully convert their ideas or knowledge into money; they can be professors, inventors, scientists, or individuals who attended only high school.
About the Author
Daegan Smith is an Expert Internet Network Marketer. "Learn How To
Make $10,717 In Less Than a Week While Quickly And Easily EXPLODING
Your Network Marketing Organization Without EVER Buying a Single
Lead?" http://www.internetmlmsuccess.com
mailto:netmlmsuccess@aweber.com
Rating:
Please Rate:
(Average: Not rated)
Views: 114
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources