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7 Reasons Why You Must Become A Millionaire

Becoming a millionaire is easier than it’s ever been, but few people are willing or able to do it.

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Do you want to be a millionaire?

Reaching the million-dollar mark is a laborious task and can only be accomplished by the serious individual who is willing to pay the price. Becoming a millionaire isn’t for those who just want to ‘settle’ in life. Nor will you become a millionaire if you’re looking for ‘get rich quick’ schemes. It requires high risk that can turn into high reward.

Even though becoming a millionaire is easier than it’s ever been, not many people are willing or able to do it. Many people ‘play it safe’ or let their excuses hold them back. However, for those who believe they can achieve great financial wealth in their lives, keep reading.

You might ask, “Why do I need to learn how to become a millionaire?” It’s simple. When most people think or talk about becoming millionaires, they’re actually looking to spend one million dollars, not necessarily earn millions of dollars. However, if you really think about it, there are many more reasons for becoming a millionaire.

If you knew it, you would do it.

Related: 10 Secrets For Developing A Millionaire Mentality

Here are 7 Reasons Why You Must Become a Millionaire:

1. Greatest Impact

Being a millionaire is the easiest way to help people. When a person gets rich, others get rich. Every time you spend a dollar, someone benefits. Whether you’re tipping a server or buying goods or services, money is constantly flowing and enhancing the lives of others.

A millionaire pays more taxes than anyone, which establishes the basics: Roads, schools, libraries, law enforcement, etc. In the United States, millionaires pay nearly 40% in taxes. If you’ve earned R10 Million in a year, that’s over R4 Million! This kind of money has far more impact than the R150 000 average that most taxpayers contribute to society.

Money allows you to become more of who you are.

2. Inspire others

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When you have money, you can inspire people. Even though most rich people aren’t pretentious with their money, they still inspire people by what they do behind the scenes. Having money allows you to work on more meaningful projects and gives you time to work on charitable ventures.

For those who like to show off their money, they still turn heads and encourage others, even just by driving by in a Rolls-Royce or Ferrari. Because of the choices that money gives you, you’ll have a lot more control in your life, which in turn will inspire others.

Time is not money, but money is time.

Related: 6 Skills Of Self-Made Millionaires That You Should Be Using, Too

3. Control

There are two types of people in the world: Those who try to fit their lifestyles into their wages and those who create their own lifestyle by setting their own wages. Unfortunately, more than 90% of the people in the world work for money. They let money control their lives and tell them what to do.

When you have money, you get to decide what kind of work you want to do. You don’t have to throw 50-plus hours into a grind that you don’t care about. Instead, you’ll get to conduct your affairs in the most convenient way, without letting your money control your actions.

4. Enjoyment

Obviously, money gives you tremendous enjoyment in life. No one can say that they’re better off without money, despite the many people who try to ‘sell you’ on poverty.

Enjoying your money is one of the greatest virtues of wealth. It gives birth to luxuries that you didn’t even know exist!

Whether you like to travel or eat in the finest restaurants, money offers conveniences that soothe you.

Although people will tell you ‘money doesn’t make you happy,’ you can bet that they still smile when they get paid. Moreover, when you’re a millionaire, you can do what you want to do with whom you’d like to do it when you feel like doing it.

5. Confidence

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There’s no confidence like ‘money’ confidence. When you have money, you feel like you can do almost anything. It’s not that money raises your self-esteem, but it allows you to operate more rationally. Most of all, you get to be yourself, instead of worrying about whether or not you can ‘afford’ the ice cream you’re buying for your loved ones.

The confidence that money provides can give your family ‘peace of mind.’ An average person has little to no life insurance, which means that when he or she dies, no money is left behind for the family for burial expenses and other losses. Think about it: You can be more confident when you have a R100 Million policy than a R0 policy.

When the mind is ready, the money will come.

Related: 3 Truths Every Millionaire Knows About Money

6. Philanthropy

Money allows you to give back in unprecedented ways. When most people give money, they don’t know where it is going or why it’s going there.

They typically write checks out of ‘guilt’ or ‘shame’. However, when you have ‘millionaire money’ you’re able to give your money to causes you really believe in. Plus, the philanthropist actually obtains more money because they can generally control where it’s going.

You have a choice on how you give, too. You can choose to give your money on general or specific terms. Even more, your giving can be fun and can be done in multiple ways.

With money, you’ll be able to bless a tremendous amount of people. Plus, a generous person is always able to make friends, especially when they give away millions of dollars. The secret of living is giving.

Your level of living is determined by your level of giving.

7. The journey

There’s more fun in aspiring than there is in acquiring. Because the journey to wealth is quite rigorous, it allows you to go through challenges that most people would never face in their lives. Who you become in the process is the most rewarding part of becoming a millionaire.

The journey will teach you about people, places, and things like never before. You’ll be able to learn who you are while reaching your highest desires.

When you choose to become wealthy, you’ll go through an inspiring pathway of twists, turns, and turmoil. However, if you stick through it, you’ll quickly find that the journey was worth it in the end.

As you can see, there are many reasons to become a millionaire. When you know why you’re becoming wealthy, how to do it becomes easier. Pick one of these or all of these and start working on your journey of becoming a millionaire today. If you are serious about learning more about what it takes to become a millionaire, feel free to reach out to me!

This article was originally posted here on Entrepreneur.com.

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Self Development

Why Your Professional Persona Matters

You don’t have to become a different person to succeed in business.

Timothy Sykes

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For superheroes, getting into professional mode is as easy as slapping on some spandex, a mask and a cape. For the everyday entrepreneur, however, the proper work mindset is less about attire and more about adopting a professional persona.

Your professional persona is your personal branding in the workplace. It refers to the way that you conduct yourself publicly in a business setting, and the image you project to coworkers and colleagues. Far from contrived or inauthentic, it’s simply the polished-up way that you present yourself professionally.

How do I develop a professional persona?

It’s actually extremely easy to develop a professional persona. All you have to decide is who you want to be in the workplace, and then take efforts with your attitude, dress, and conduct to become that version of yourself. Action follows intention, and over time, you’ll find that adopting your professional persona feels as natural as putting on your coat before leaving the house.

Now that you understand what a professional persona is, let’s talk about why you should work on cultivating one and what you stand to gain.

Create a self fulfilling prophecy

Success is typically hard-earned and slow in the making. However, if you take the time to develop a professional persona, it can help bring success sooner. If you conduct yourself casually and informally in the workplace, you’re less likely to be taken seriously and might spend far longer in the career trenches.

But if you make a concerted effort to conduct yourself with the professionalism of a manager or CEO, you’ll make yourself a more desirable candidate for advancement. Since you’ve already demonstrated the appropriate attitude for higher level positions, you’re more likely to be thought of when opportunities arise.

Related: 25 Bad Words That Make Other People Feel Inferior

Focus on what’s important

When you establish a professional persona, you put yourself in the right state of mind for work. This can help you attain your career goals.

Say, for instance, that one of your big career goals is to become a leading authority in your field so that you can become the next TED Talk celebrity. With this specific goal in mind, you can tailor your professional persona so that it can help advance you toward this goal. For instance, you might begin speaking at local networking events or starting a topical podcast. Doing things like this will help you establish a professional persona of being an expert in your niche.

Make yourself indispensable

One of the best ways to create job security is to make yourself indispensable in your position. A professional persona can help by letting you establish recognisable and dependable hallmarks in your working style.

For instance, perhaps part of your persona is that you are the person who always meets his or her deadlines on time. In time, this will become part of your professional identity and will be part of how people see you in your office or field. When others know and trust that they can depend on you, you’ll make yourself indispensable. Over time, this can have a powerful and positive effect on your career.

Be taken more seriously

A casual attitude is fine when you’re hanging out with friends. But in a professional setting, it may be holding you back. When you present yourself with a more polished professional persona in work settings, you’ll be taken more seriously. This doesn’t mean you can’t have fun at work, of course. But it does mean that you should conduct yourself with an air of professionalism and should never engage in bad habits like gossip or use language that might come back to haunt you later.

Remember: You get what you give. When you act respectfully in the workplace, you’re more likely to be treated with the same respect.

You’ll get more followers

More and more, entrepreneurs are using social media to attain a higher professional status or to attract more business.

When you take the time to develop a professional persona, you adopt a personal style, a way of articulating, and potentially even an aesthetic. These things add up to more clear and compelling personal/professional branding. This can help you maintain a consistency on social media platforms that makes your posts recognisable. Over time, this can lead to additional followers, which can mean more opportunities for selling, career advancement, and more.

Develop a thicker skin

You’ve probably heard that you shouldn’t take things personally in the professional sphere. But anyone who has ever experienced rejection or criticism in their career knows that this is much easier said than done.

Your professional persona can help give you some personal armour. When you have a professional persona, it can be easier to separate your personal life from your work to a greater degree. No, this doesn’t mean that you won’t feel any pain when things go wrong, but it will allow you to compartmentalise in a positive way, so that an issue at work doesn’t impact your personal life quite as much.

This article was originally posted here on Entrepreneur.com.

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Company Posts

6 Steps To Cultivate A Success Mindset

What does a winning mindset mean to you? It’s what has separated the likes of Tiger Woods, Roger Federer, Serena Williams, Usain Bolt and Floyd Mayweather from fellow professional athletes. Adopting a similar approach could help you achieve massive success in 2019 and beyond.

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A winning mindset is the trait that allows you to persist even when defeat looks like the most probable outcome. People with a winning mindset are much clearer about the process to attain their goals. They are not afraid of failure as long as they believe that they’re doing the right thing. That’s the difference between winners and losers.

1. Persist and understand that you must put in the work before you see results

The most successful people embody the principle of a winning mindset, because very few people in the world, be it in sports or business, can succeed without having to overcome obstacles. It’s seldom that talent is all one needs to succeed in any endeavour, otherwise most people would be successful.

A good way to understand this principle is to observe professional athletes before and during tournaments. Anybody competing in professional sports, such as the Olympics, has the talent but not all professional athletes are winners. A number of their memorable victories were achieved when they came from behind, when it looked like they were losing.

2. Press the reset button for the new year

The new year is notorious for long lists of resolutions that are not honoured and ultimately remain wishes. That said, the dawn of a new year tends to bring with it positive energy and a commitment to do things differently.

Entrepreneurs need to approach the New Year with a simple goal to do better than the prior year in whatever endeavour they are undertaking. It is important to build on current success or failure, and then commit to go one up. That way, the goal won’t seem unattainable.

Related: Many SMEs Start With Great Plans But Fail To Take The Big Leap

3. Take small incremental steps

The first step is to be clear about the goal and to write it down where you can see it every day. The second thing is to map the process of how you will get there, broken into small steps. From there onwards, focus on the process and not the goal as this allows one to achieve small but important victories. This needs to be backed up by an appropriate support system, associating with like-minded people.

4. Don’t stop upskilling yourself

Success in business is about creating shared value and solving real-world challenges that customers grapple with. Skills are therefore necessary to achieve success, so upskilling oneself is never a bad investment. It’s good to know something about everything, but ultimately one needs to know everything about something.

Some skills will be brought in through hiring staff, others through outsourcing and in some cases through strategic alliances.

5. Remember that no goal is static

One of the most important things to always remember is the goal, and that the goal is dynamic; it will have to be adjusted along the way. Business leaders can therefore celebrate the small victories fully aware that there is more work to be done. Achieving temporary success is easy, especially with all the tenders around, but building a sustainable business and staying on top requires persistence and hard work.

Related: Organisational Design Disruptions Do Not Occur In A Vacuum: Future Business Models

6. Your top tool is in your head

It’s all in the mind, backed by passion and a strong desire to succeed. If anything, business leaders need to train themselves to be uncomfortable with the status quo, not to get too comfortable with the present.


Why Not Consider The Acca Qualification For 2019?

ACCA professionals are more than accountants. They think holistically, consider challenges in the context of business and have strong strategic and leadership skills. Visit www.accaglobal.com for more information.

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Self Development

Taking Care Of Mental Health Is Powerful, Not Weak

Charlamagne Tha God talks success, anxiety and mental health.

Lewis Howes

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It’s time to open up. No matter what you’re dealing with, you’re not alone.

There is nothing shameful about having anxiety. Think about this acronym for FEAR – you either Fear Everything And Run or Face Everything And Rise. The more you confront the things in your past you don’t want to do with, the more you’ll be able to move forward. So, are you going to run from your fear, or face it?

On today’s episode of The School of Greatness, I talk about anxiety and PTSD with a man who has become an unofficial mental health advocate: Charlamagne Tha God.

New York Times bestselling author Charlamagne Tha God is best known for being co-host of the nationally syndicated hip-hop iHeartRadio program “The Breakfast Club.” He is also a social media influencer; an executive producer with his own production company, CThaGod World; and co-host of the popular podcast Brilliant Idiots.

Charlamagne says that refining his life’s mission and examining his past helped him take control of his anxiety.

Don’t allow anxiety or depression to cause you to keep suffering. Learn about Charlamagne Tha God’s mental health struggles and what he did to restart his life on Episode 721.

Related: The Business Of Anxiety In Business: Giving Heroes Permission To Feel Vulnerable

This article was originally posted here on Entrepreneur.com.

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