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10 Secrets For Developing A Millionaire Mentality

Integrity is the cornerstone to developing a millionaire mentality.

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As a millionaire, I’ve learned that most people want to know the truth about wealth.

Many people believe that the only way they can become a millionaire is if they marry it, inherit it, or save it. While they have a point, the only people who become millionaires are the ones who earn it.

That’s right, most millionaires aren’t lucky people who randomly found their paths or have been born into it. Instead, they are ordinary people who selected a large goal and worked steadily toward it.

There’s no easy way to become wealthy, but there are many options to earn your fortune. Whether you’re starting a business, developing a high-end career, investing your money, or become a professional entertainer, you must develop a millionaire mentality.

When the mind is ready, the money will come.

No one can achieve wealth by harboring erroneous thoughts. Instead, you must constantly battle the enemy in your mind to find the wealth of your dreams. Moreover, the secret to your wealth is to manifest righteous thoughts and deeds as you accomplish your biggest goals.

Related: 3 Truths Every Millionaire Knows About Money

1. Practice integrity

Many people think they must sacrifice their integrity to become a millionaire. They assume that rich people cheat on their taxes or swindle people to become rich. Actually, it’s the exact opposite. You can only become a millionaire if you practice integrity. Money only comes to those who can be trusted with it.

Integrity is the cornerstone to developing a millionaire mentality. Like a thoroughbred horse galloping past the finish line, only winners with integrity can sustain reasonable speeds for long stretches of time. If you’ve entered the race without integrity, you will fail to win the ultimate trophy of wealth. Practicing integrity is the backbone of truth wealth and prosperity.

Integrity is telling yourself the truth. Honesty is telling other people the truth.

2. Become social

business-man-on-phone

Since the new millennium, social entrepreneurs can make tremendous financial strides by expanding their influence. Oftentimes, fame can be a prerequisite of wealth. Nowadays, you can strategically build a following while attracting a large number of people to your services. Becoming influential can dramatically increase your wealth.

Instead of reaching out to people, you can have people reach out to you. Many influential people are constantly fed opportunities because of the value they’ve added to their fans. Furthermore, you must have the right team with the right strategy if you want to consistently see results in the financial column.

3. Pay the price

A woman walked up to a grand pianist and said, “I’d give anything to do what you do!” His rejoinder was simple, but pungent: “Yes, except 20 years at 8 hours per day.” The key to success is straightforward – pay the price. Those who pay now will be able to play later. Conversely, those who play now will to pay later. Either way, your life demands a payment.

Depending on your desires, you can set the wager of the price you’d like to pay. If you want massive success, you have to pay a massive price. If you want a modicum of success, you have to pay an infinitesimal price. Moreover, becoming a millionaire is a steep price that requires great risks. Those who pay the price by abiding in their daily habits will receive long-lasting success. Are you willing to pay the price?

Everything we do is a reflection of who we are.

Related: The 10 Strangest Secrets About Millionaires

4. Control your mind

Positive-thoughts

If you want to develop a millionaire mentality, you must have complete control of your mind. By feeding your mind with seeds of positivity, you keep the noxious weeds away from infiltrating your mind.

While most people on the internet indulge in miscellaneous information like ‘memes’ and other short-term distractions, you should constantly be seeking new ways to properly entertain, inspire, and educate your mind.

The average person doesn’t know why they do what they do. For instance, a formerly obese woman told me this truth, “I used to eat so much every time I had a bad thought. Little did I know that I was ‘eating away my emotions.'” When you control your thoughts, you master your feelings, which can lead you to take the best actions. Where are your thoughts taking you?

Remember this sequence: Thoughts>>>Feelings>>>Actions.

To change your reality, you must change your mentality.

5. Acquire skills

You need the skills to pay the bills. In our world, many people relish the term ‘jack of all trades, master of none.’ Jacking up a new trade isn’t going to make you rich, but mastering one will. Money only comes to the practitioner of excellence, not the amateur who performs with average ability. If you want to be a millionaire, you must become an expert at what you do.

Challenge yourself by seeking to acquire the necessary skills to achieve your desired wealth. Generally speaking, the richest people on earth have the most skills and are known for their expertise. Here’s a simple guideline: If you’re putting in at least 8 hours per day to intensively craft your skill, your expertise should make you a millionaire within 5 years, assuming your industry has a high-profit margin.

The marketplace is always conditioning ambitious people to become better.

Related: 10 Ways Successful Entrepreneurs Stay Calm

6. Master your language

public-speech

Our level of income is largely determined by our level of communication. However, it can be challenging to cultivate your language when most of the people around you are murdering it. Since we borrow our language from those who haven’t fully appreciated it, we must be conscientious when taking deliberate steps to change it.

Poor speech cannot be hidden. Like bad breath, the person with uneducated speech is usually unaware of his or her problem. Those who are lazy with their language must suffer the repercussions of lost opportunities. Failure to wield your words correctly will keep wealth away from you. Everyone should keep at least a dozen English books in their homes. Personally, I read the dictionary at least ten minutes per day.

Words are the tools that release the heavens of our mind.

7. Follow the truth

An ancient prophet once said, “The truth will set you free.” Fortunately, our results tells us the truth about ourselves. It reveals what we’ve learned, what we’ve done, and how much we’ve served. What are your results saying about you? Whether you like it or not, those results will give you feedback on what you may need to change. The prevailing truth stands the ultimate test of time.

Your wealth is the sum total of your entire contribution to society. Your rewards derive from your level of service to the marketplace. If you don’t like your rewards, find a way use the truth to create better results. If you do like your rewards, use the tonic of truth to reach a higher level of results. Ask this question: How will I deliver more value to more people in less time?

Your rewards are determined by your contribution to society.

8. Never compete

swimming-block

Most people feel like they must compete to stay ahead. However, competing actually keeps you behind. Competition forces you to copy someone else’s style instead of creating your own. Over time, competition will wear you out because you’ll always try to be better than someone else, rather than being yourself After all, if you’re trying to be everyone else, who will be you?

One day, a prospect advised: “We’re shopping around with other companies. We’ll get back to you.” Instead of worrying about if I would get the business or not, I called them back immediately, “Look, if you’re shopping around, I don’t want to work with you.” Startled and perplexed, they asked, “You mean you’re willing to let us go if we check with your competitor?” Within an hour, I closed my biggest deal of my life.

“Competition is a sin.” – John D. Rockefeller

Related: 10 Powerful Habits That Will Make You a Millionaire

9. Respect money

Most people don’t get money simply because they don’t respect it. You often hear people saying, “Money isn’t everything” or “I don’t need the money.” Because they’ve downplayed the value of money, they won’t have much of it. Financial rewards are attracted, not pursued. What are you doing to attract money to your bank?

Money deserves respect. To respect money more closely, you must be diligent in your financial affairs. This means that you’ve developed the following habits: saving money, paying your bills early and willingly, knowing the account balance(s), communicating with your spouse, budgeting, etc. When you respect money, you will be able to have more of it. If you can take care of R10 000, then R100 000 will come your way.

“Those who are faithful with little will be faithful with much.’’ – Ancient Phrase

10. Aim higher

achieving-goals

Earning R10 Million per year is the same as earning R1 Million per year. The difference is in how high you’ve aimed and your degree of intensity toward your goals. If you set goals big enough to break records, win honorary doctorates, and reach the highest tax-bracket, you will most likely to achieve them. How high will you set your goals?

Related: 7 Tips to Becoming a Millionaire

Most people don’t aim high enough because they are caught up in the daily grind of life. They’re too busy running into the trees, instead of retreating to the mountaintop to catch a glimpse of the entire forest. Take a moment to see the bigger picture. Set your goals so high that they scare you. If they don’t scare you, they won’t prepare you!

If you believe in yourself, everyone will believe in you.

To develop a millionaire mentality, you need to constantly dwell on improving yourself on a daily basis. When you find the appropriate solutions, resolve to take action toward your dreams. Always change your approach and seek new ways of becoming the best at what you do. Your biggest goals will stretch you to become more of who you are. See you at the mountaintop.

This article was originally posted here on Entrepreneur.com.

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1 Comment

1 Comment

  1. Concerned Citizen

    Apr 5, 2016 at 23:03

    this is a very powerful piece of information i like it keep the good work up

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4 Ways to Stop Worrying in 2019

If you’re a bit of a worry-wart, you have to acknowledge this and get proactive about managing your stress, anxiety and worrying levels. Here’s how.

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What if I can’t complete that piece of work in time? What if my home gets burgled while I’m on holiday? We all worry – some people more than others. A few of these worries are genuine concerns, but most are completely out of our control and are most likely never to materialise.

But still, they occupy our minds. And with the digital world now occupying even more of our time, we’ve been given even more material to worry about. Famines in far-away countries, children orphaned by a flood, if we simply turn on our TVs or look to social media, we can become completely overwhelmed by what we see. And it’s making us all desperately unhappy.

So, what do we do? If you’re a bit of a worry-wart, you have to acknowledge this and get proactive about managing your stress, anxiety and worrying levels. Here’s how:

Monitor and limit social media

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We all know our phones are an addiction. And scrolling through Twitter or Instagram, you can compare your life to everyone else’s and add another huge worry to your ever-growing list: I’m not good enough/my life sucks. Which is why there’s a growing trend among Generation X-ers (and even some Millennials), to quit social media altogether.

“It was like breaking an addiction for the first few days, where I felt I was missing out, but after a few weeks I realised that the world carries on, and I was still in touch with those people I actually wanted to connect with. I felt lighter and happier,” says Caryn White*, a mother-of-two and small business owner. If you can’t quit social media for work reasons, then take it off your phone, and only access it on your desktop at specific times of the day.

Limit news

We’re not advocating sticking your head in the sand: just limit which channels you absorb news from, and how often you do it. The last thing you need is to open up your phone on waking up and read about the latest catastrophe, which you are powerless to do anything about.

Pick a few trusted news sources and check them at specific times. Avoid the news on the radio in your car; rather listen to fascinating audio books or podcasts that lift your mood instead of making you worry.

Assumption or fact?

This simple concept is incredibly helpful when faced with a worrying situation. Your child has a strange rash, you’ve Googled it and you’re pretty sure it’s chickenpox. Now the whole family is going to get it, you’ll miss work, your boss will be angry, and you may lose your job. Is the fact that your child has chicken pox an assumption or a fact?

Is losing your job a fact or an assumption? They’re both assumptions. So, take your child to the doctor, get a proper diagnosis and then take the next steps from there (a good medical aid can also help ease the stress of the financial cost of doctors’ visits). This approach is a simple way to deal with worries that start to spiral out of control in your mind.

Write them down

Worrying can seem insurmountable if it’s all in your head. Instead, try this strategy from Qualified FAMSA Counsellor Lynette Blomfield:

  1. Take a few deep breaths with your eyes closed, until you calm down.
  2. Once you’re calm, write down the five most stressful things on your list. It could be increasing expenses, like a huge jump in medical aid costs per month.
  3. Brainstorm what you could do to change or eliminate the worry/problem (maybe you can move to a medical aid company that charges less each month?). If necessary, ask a good friend or colleague for advice.
  4. Focus on making progress, not ticking all your worries off and striving for ‘perfection’.
  5. Stay on course and come back to your list regularly.

Dealing with worrying is about being proactive. You’re the only one that can begin the process of reducing anxiety, so now’s the time to take some steps. If you don’t know how to begin doing this on your own, it may be best to see a qualified counsellor or therapist to get you started.

*name has been changed

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Self Development

These 6 Types of Music Are Known To Dramatically Improve Productivity

Just another example of how much you gain by listening.

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Music isn’t just a means of entertaining ourselves: it can also encourage creativity and help us become more productive. Listening to music can also be therapeutic, relieving feelings of stress so you can concentrate better.

Research has found that certain types of music can be beneficial to us while we work. Some types of music seem to help with learning and improve our ability to process information. Other types help block out distracting background noise. Still other types sync with our brain waves to induce “eureka moments.”

So, if you’re struggling with productivity and want to know what you should be listening to, read on. These are the six types of music that will give you a major boost in productivity.

1. Classical Music

beethoven

Researchers have long claimed that listening to classical music can help people perform tasks more efficiently. This theory, which has been dubbed the Mozart Effect,” suggests that listening to classical composers can enhance brain activity and act as a catalyst for improving health and well-being. Various studies have confirmed that listening to classical music enhances one’s ability to manipulate shapes and solve spatial puzzles.

The absence of words in the music may be one factor, as songs that contain lyrics have been found to be a distraction when you’re trying to focus. And classical music is known for being calming, relaxing and helping reduce stress. This genre of music has been found to help students perform 12 percent better on their exams. Some selections, like Beethoven’s “Für Elise,” seem to help students study longer and retain more information.

Here are other few classical selections you can use to boost productivity while working:

2. Nature Music

nature-waterfall-sounds

Listening to the sounds of nature, like waves crashing or a babbling brook, has been shown to enhance cognitive function and concentration. Nature sounds work best when they’re soothing sounds, such as flowing water or rainfall, while more jarring noises such as bird calls and animal noises can be distracting.

Researchers at Rensselaer Polytechnic Institute have discovered that natural sounds boost moods and focus. The study found employees were more productive and had more positive feelings when nature sounds were playing in the background while they worked.

This may be because nature sounds helped mask harsher, more distracting noises, such as people talking or typing. Researchers found that workers not only performed better on tasks, but calming nature sounds also had a restorative effect on cognitive abilities.

Here are some selections to try:

3. Cinematic Music

the-bourne-identity

An intense film score can make you feel like you’re doing something inspiring or important, even if you’re just chipping away at your to-do list. A grandiose, epic soundtrack playing in the background may make even the most mundane tasks feel like you’re changing the world, thus heightening your concentration and productivity.

Cinematic music scores can be empowering, lifting your spirits and brightening your mood. So, if you’re feeling tired and drained, try listening to some epic-style cinematic music to give you that extra boost of motivation.

Some great movie scores to try include:

4. Video Game Music

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It might seem strange, but listening to music composed for video games can be a great tool to help you focus. Every element of a video game is designed to create an enhanced gaming experience for all your senses, and the music has been composed specifically to help you focus on your task without being distracted by a cacophony of sounds.

This music generally has no lyrics or human voices and is fairly fast-paced to keep you moving forward. Many of these video games involve solving puzzles and dealing with intense situations, so you’re subjecting yourself to simulated stressful challenges. Video games have invested a lot of resources in figuring out the perfect balance to the music they use.

Video game music is composed in a way that keeps you engaged as you evaluate, navigate and often fight your way through these make-believe worlds. These musical compositions may be just the thing to propel you onward and keep you zooming through your tasks and daily to-do list.

Here are some excellent video game music selections to check out:

5. Music between 50 and 80 beats per minute

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Some research suggests that it’s not the type of music that’s important in helping you stay focused and productive, but the tempo of that music. Studies have found that music with 50 to 80 beats per minute can enhance and stimulate creativity and learning.

Dr. Emma Gray, a cognitive behavioural therapist, worked with Spotify to research the benefits of certain types of music. She found that listening to music set in the 50- to 80-beat range puts the brain into an alpha state.

When we’re awake, we’re typically in a state of mind known as beta, a heightened state of alertness where our brain-wave activity is between 14 and 30 HZ. When our brain slows to between 7 and 14 HZ, we’re in a more relaxed alpha state of mind that allows us to be more receptive and open, and less critical. This state of mind is what scientists associate with activities that involve our imagination, memory and intuition, including our “eureka moments.”

If you have ever listened to music that you’re familiar with, only to find yourself deep in thought and not really hearing the music at all, this is an alpha state induced by music. You’re tuning out while being tuned in.

This article was originally posted here on Entrepreneur.com.

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Self Development

10 Secrets To Finding A Job You Love

Entrepreneur and social media sensation Gary Vaynerchuk and nine others tell us how they found their calling and how you can find yours.

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Research suggests that more than half of us are unhappy at work. From lawyers to brokers and CEOs, these Advisors in The Oracles are proof it’s possible to be successful and have a job you love. Here, they share how they found work that fulfills them — and how you can too.

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