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.
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
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.
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.
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.
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.
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.
21 Inspiring Quotes About Success, Persistence And What It Means To Be An Entrepreneur
Leaders of companies big and small share the mindset it takes to achieve your dreams in the face of all obstacles.
True, being an entrepreneur can be exhausting, lonely, frustrating and terrifying. But it’s worth every drop of blood, sweat and tears when you are pursuing your passion, turning your dream into a reality.
In an ongoing series called Real Entrepreneurs, we pick the brains of founders and leaders about what it is like to have every decision big and small rest on their shoulders and have compiled their thoughts on what it takes to succeed on the long, sometimes crazy journey of an entrepreneur.
The Mindset Strategy From The “Rock Star” Coach Can Turn Your Beliefs Into Results
William Badenhorst, a Director of Global Strengths shares his mindset secret to ongoing entrepreneurial success.
William Badenhorst, a Director of Global Strengths, is a coach to the coaches. His “Rock Star” attitude along with the deep driving desire to help others find their true selves formed the fabric of a highly interesting and entertaining interview.
The rolling thunder of his voice brought forth quote after quote, quip after quip and wisdom after wisdom. As a “peak performance coach” to professional athletes, celebrities, entrepreneurs and corporate career orientated individuals, William believes that knowing who you truly are as an individual is the catalyst for lasting growth and useful change in business and in life in general.
His intense eyes and energetic hand gestures emphasized one of his core beliefs and that is that we all are nothing but our very own beliefs.
“Everyone is focused on Results”
Everyone is always focusing on the outcome – the results they want. But what creates results? Let’s do some reverse engineering. In order to achieve RESULTS we need to take ACTION. And in order to take ACTION we need to make a DECISION. To make a DECISION, we need to think about it – THOUGHTS.
The interesting thing about humans is that we do not create our thoughts, we can only control them. So what does create your thoughts? Your BELIEFS creates your THOUGHTS. So ultimately your BELIEFS creates your RESULTS.
“You don’t attract what you want, you attract what you are.”
It is our very own limiting beliefs, such as for example that “I am not good enough” and “I am not deserving” and “I’m not worthy ” that creates barriers to our own success in entrepreneurial ventures and in our lives. In order to reach our limitless potential we must find and remove the self-created barriers that hold us back.
Although he loves the interaction and benefits of social media he is quick to point out that it also has created a fantasy of who and what we should be. He advises to not to adopt such fantasy as your desired reality but to instead be who you really are as an individual and goes on to quote the famous Greek philosopher Socrates:
“Know thyself, Be thyself and Love thyself”
You always end up falling back on your beliefs -whether they are empowering or disempowering. The challenge with that is that a large number of your beliefs are unconscious especially when you have not put in the work to find out what your belief system truly is.
Through his vast experience as a coach he realized that a large number of people veer away from self-awareness as they are afraid of being judged for whom they truly are.
The conversation naturally evolved into the exploration of the true meaning of the concept of faith and William’s mind grasped at a Quote from the apostle Paul:
“Faith is the substance of things hoped for, the evidence of things not seen”
He went on to explain that faith is evidence of true-self which creates certainty which in turn is equal to confidence. Confidence brings a certain state where everything flows. He calls it “Peak State”. He further advises to search for evidence of who you really are and gain belief in yourself.
Advice to young entrepreneurs
William’s thoughts on self-development for entrepreneurs are to get a Coach. If you are already in business and don’t have a Coach – get one! Begin with taking extreme ownership and responsibility of everything in your life. And when you do that you win.
Stop blaming everything and everyone around you. Stop complaining about circumstances. You are in control and it is up to you to make it happen. There are no un-resourceful people, there are only un-resourceful states. Go where you are celebrated not tolerated and love yourself unconditionally. Remove the very unrealistic expectations of what and who you should be and authentically be yourself. Believe in yourself and go all in on YOU!
Become the best form of yourself because as an entrepreneur you are the business. Play to your strengths and manage your weaknesses. You do not need a title to lead, have massive self-belief and others will follow.
Have an attitude of constant learning:
“If you are the smartest person in the room, you are in the wrong room”
And then yet another quote rolled off his tongue that put me in a self-reflective mood:
“A person that shines from within does not need a spotlight”
William Badenhorst, the father, the coach, the entrepreneur and key note speaker left the author and the reader with a question of mesmerising depth:
“What if you woke up this morning with only the things that you were grateful for last night?”
Gratitude is everything!
How You Can Move From Your Potential To Your Purpose
“Value isn’t in opinion, it’s in perspective” – Wes Boshoff
Let’s face it, we all know that when wanting to achieve something different, you need to do something different. The challenge isn’t in wanting the different, it’s in doing the different!
Mark Twain said, “The two most important days of your life are the day you were born and the day you find out why”.
I love that because it highlights the importance of knowing that you have a purpose, and that you need to find it or design it, then live it, love it and look after it.
You have heard it said or said it yourself…”that person has huge potential, if only they would…”. It’s great to have potential but potential doesn’t equate to purpose. They are like elastics, just sitting there on the desk, and it’s not much good to anyone just sitting there. You see there is a gap between potential and purpose and that gap is called ‘The Stretch’.
For that elastic to move from potential to purpose it needs to be stretched, and only once its stretched and put round a bunch of pens does that elastic really move into its purpose. We are a lot like elastics, we need to be stretched to move from potential to purpose. The stretch isn’t always easy because we tend to get twisted out of shape when we need to do something different. However, the stretch is not designed to change who we are, just change how we are.
Here are a few ideas to help you in The Stretch.
Think about what you think about – it’s all in your perspective
Things are achieved or not achieved depending on how we think about them. Do you focus on the obstacles or the opportunities? It’s easy to see the obstacles, the key is to choose which one you going to focus on. Obstacles will always get in the way of opportunities if you let them. So, remain attentive to the possibilities that opportunity brings.
That means you need to position yourself in the way of opportunity, get in its way – make something happen, don’t just sit there! There’s a catch to this one though, opportunity never travels alone, it always comes with responsibility. Do you have the ability to respond to the opportunity? Are you taking responsibility, often we are given it, but we don’t really take it! You need to take and own the responsibility to maximise the opportunity!
Beware of distraction
‘Dis’ – a prefix meaning reversal, or the absence of action and traction refers to grip. When you get distracted you lose grip and that’s dangerous. Imagine driving, suddenly, you’ve lost traction, you are heading in the wrong direction, you may even end up going backwards.
Make sure you stick to what you need to do, create daily productive habits that will help you achieve in the long term. Grow your capacity and increase your footprint. Gain traction by repeating what works for you, that way your practice becomes repeatable and your brand becomes reputable. Don’t stop moving, its easier to change direction while you are still moving, than it is to start moving.
Things don’t always work out
Employ the “What’s Wrong – What’s Next?” philosophy. When things go wrong with people, products or plans, we can get caught up in drama. There’s no time for drama, simply define what went wrong and decide what needs to be done next to fix it. Once fixed, then deal with the doer of the wrong, but deal with them in the right way too…you still don’t need drama!
“Value isn’t in opinion, it’s in perspective” – Wes Boshoff
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