A lot of people dream about becoming a millionaire, but that is all it is a dream. What makes a person shift from it being a dream to them becoming a millionaire?
But it all really boils down to the individual person and what their tastes are what they like or dislike. If you really want to become a millionaire here are a few tips to help you come closer to achieving that dream.We all have perceptions of what a millionaire should look like, what kind of house they should live in and what kind of car they should be driving.
1. Don’t Be Afraid Of Success
A lot of people are afraid that the money will change them and they might end up becoming a selfish inconsiderate person. To tell you the truth all the money does is magnifies what is already in the heart of the individual so if you were a selfish and inconsiderate person or a loving giving and sharing person to begin with then those attributes would be magnified by the amount of money you have.
2. Have A Plan
When I started my journey of accumulating wealth I had to have a plan how I was going to do it. Now this might sound ‘like what really’ but you would be surprised how many of us don’t have a concrete plan how we plan to do it.
Study and look at those who have already achieve it.
What industries did they go into to make their money?
How long did it take them to get there?
Did they have to grow or learn something new for them to make their money?
All these are great questions to ask when starting to plan.
3. Too Good To Be True
Now we’ve all heard this statement before ‘If it is too good to be true then it is’.
The number one rule when growing or accumulate wealth is study what the majority of people are doing and do the opposite. I saw an ad in the newspaper a couple of years ago offering anyone interested an opportunity to purchase some real-estate for an incredible cheap price ‘and the catch’ was that you had to provide proof that you had or could provide the funds to do the properties up. Sounded too good to be true but I took the chance and I landed myself some properties for bottom market price which I ended up making a huge amount of profits from.
So if it is too good to be true take a chance and take the chance and just take a look it won’t harm you too. Remember to do all sound diligence if you are still unsure sick advice from a professional in the field.
4. Keep Away From Negative People
Most of the time from my experience the nay Sayers and negativity ends up coming from those who are most closets to you. It is important that you only allow yourself to listen to people who support what you are doing and where you are going. They all mean well but they can only see you how you used to be not how you are now.
5. Create A Business That Helps People Or Solves A Problem
Now I’m not saying that you should not create a business surrounding something that you are passionate about or you love, but what I’m saying is that if you create it to help meet a need or service then there will always be a need for what your business has to offer.
Diversifying is a great way to build wealth that will help sustain you and your family for many years to come. Remember when you are building wealth you should always consider building it three times deep. What I mean by this is that you should always create a business that can be left to your children and their children. Generational wealth is the kind of wealth that can really change lives and help your community. If you don’t have any children to speak off you still can create a business that can be left as a charity where the funds and wealth that is left is used to do great work in your name so your name, memory and legacy lives on through your charity.