June 16, 2018

How to Become Rich – 7 Secrets All Self-Made Millionaires Use

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What if you took the top 1% of performers in the world — the self-made billionaires and millionaires and looked at what they all had in common. Going to share with you 7 things they all do.

Full Disclaimer: I AM NOT A MILLIONAIRE. Using these 7 habits I am well on my way by age of 30.

Speaking of not being a millionaire, I worked with middle schoolers every day for 3 years. When you ask a 12-year-old kid what car they want to drive, always get the same response: LAMBO, FERRARI, BMW never get “Prius” or “Subaru Outback with great safety rating” But what happens later in life? The reality is most people don’t drive Lambos.

Take any 100 people follow them for 40 years from when they started working and here’s what you’ll find. According to Social Security Administration:
1 will be wealthy
4 will be finically secure
5 will continue working (not because they want to, because they have to)
36 will be dead
54 will be dead broke

1. Think BIG
Zero Based thinking – Don’t let your past determine your future.

2. VALUE: I am not compensated for my time, I am compensated for the value I create

3. SIZE: The more I serve, the More I earn.
“The more you serve, the MORE you earn” – Jim Rohn
serving MANY, not the FEW.

4. Communicate
Listen to Steve Jobs, Warren Buffett, Oprah, Tony Robbins, Obama, Bill Gates — all have a great vocabulary. Know how to speak in public. WB said took DC course best desiccation he’s ever made. TF: “A person’s success or failure in life can be determined by how many uncomfortable conversations he/she is willing to have”

5. Decide. Commit. Achieve.
Make it your obsession. Success obsession. Laser targeted focus.
EX: Bill gates 10 dark years. Didn’t try 50 things during that timeframe. Committed to one thing until it was successful.

6. Speed
“Create faster than anyone else can copy”

7. Model
Mentors/ coaches. Model success of those you admire. Act as if: TR: Become that person.

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