The Millionaire Secrets

The final and one of the most important wealth habits is to…

Respect and Love Money

I don’t mean loving money to the extent that you are a slave to it, but but loving money for the good it can do for you and the people around you. Most people I share this with often respond by saying, “Well, of course I love money! Of course I respect money.” Who doesn’t? If I didn’t love money for what it can do, I wouldn’t be reading this article.

Well, there are many people who consciously desire to be rich and know that money is important. However, at a deeper level they may not realize that their subconscious mind either holds many limiting beliefs about money or associate lots of negative feelings towards money. These negative associates cause them to repel money and prevent them from becoming rich without even realizing it. Everything Starts From Your Mind.

Do you feel that although you consciously desire to be rich, but something holds you back? Have you experienced working hard to achieve your goals. However the moment you start getting results and seeing your wealth increase, you tend to go into the pattern of sabotaging it? Like the moment your bank account hits a certain amount, you start losing your motivation until the money dips below a certain level then you start working hard again?

It’s like your subconscious mind is preventing you from going beyond a certain level of wealth. I know of some friends who say that the moment they get a certain amount of money, they will tend to spend it away or lose it. If you are experiencing the same phenomenon, it is because subconsciously, your mind doesn’t want you to be rich. Again, its either because you have a lot of negative associations towards money or many limiting beliefs are holding you back.

As many of us grow up, we may unknowingly pick up many limiting beliefs and painful associations towards money from our family members, friends, teachers and relatives. Many people are taught that if they think about money or desire money, then they are being ‘money faced’ or’ money minded’.

As a result, their subconscious starts associating thoughts and desire for money as being a bad or evil. Have you been taught to believe this as well? Because many people who come from working class families see their parents working so hard for money, they subconsciously believe that working hard is the only way to make money. Their belief causes them to fail to realize that big money is from ideas and not just hard work. Your Beliefs Determine Your Success.

When they see $10 being offered for $2 they think that it must be some sort of trick or that they will be cheating. What they don’t realize is that there are opportunities like this everyday! Warren Buffett made his billions by buying companies at half of what they were really worth. He was buying $10 stocks for $2. Entrepreneurs make money by buying something a lot cheaper than what it is worth, re-packing it and sell it for ten times the price!

If you come from a poor or middle class family, there is a good chance that you may have been taught that ‘money isn’t everything’, ‘money doesn’t grow on trees’, ‘rich people are greedy’, ‘money is not important’, ‘if you have a lot of money then people will cheat you’, ‘investing is risky’, ‘money will change you’. As a result, your subconscious mind associates so much fear, hate and negative feelings towards money that it will stop you from ever becoming rich.

You may feel this inner power struggle inside you such that although you set your goals to become rich, but somehow, you sabotage your own success every time you achieve a certain level of wealth. Your inner mind won’t allow you to become rich as it would give you more ‘problems’ or make you into a ‘bad person’. However, you have to understand that your friends, parents or teachers may have taught you all these things because they probably thought they were passing on good advice.

Their parents and teachers probably taught it to them as well, and that is why they have never become rich. Very often, they also choose to believe all these negative things about money because it helps them to justify their own lack of money. When someone says, “Well… money isn’t all that important anyway”, they are just consoling themselves. When someone says, “I love my family and that’s why I have no time to make money”, they are just giving themselves justifications.

So, it is really important for you to stop for a while and really reflect about the inner feelings you have towards money. I know that consciously you respect and love money for what it can do, but I want you to set aside your pre-judgments and really think about the subconscious beliefs and feelings that you associate with money.

Only by adopting new empowering beliefs to your subconscious mind, you can then become a money magnet and attract tons of money to your bank account.

There you have it, the last millionaire habit that you have to practice. All thanks to my favorite wealth and success teacher, Adam Khoo. You should know that wealth comes from the inside, not outside. You will first need to have the million-dollar mindset before you can attract and make a lot of money. Therefore, I strongly recommend you to steal Adam’s Secrets of Self-Made Millionaires, it is the book that can change your life forever.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

All thanks to Adam Khoo, my favorite success and wealth teacher. Thanks to his book, Secrets of Self-Made Millionaires, only then you will be able to read this interesting articles.

So, the millionaire habit #8 is about…

The Ability To Accept Failure And To Turn It Into Success

Most people have the impression that successful people never fail and that millionaires never lose money. As a result, many people fear failure and shun those who have flopped. This is a huge lie and distortion that prevents people from becoming rich. The truth is that everybody fails at one point or another. In fact, millionaires fail more times than anybody else because they take so much more action. You have to Multiply Your Failures and You Will Succeed.

So mark my words, you will fail many times before you ever succeed. What’s important is what you do about failure. This is the critical habit that makes the difference between the rich and the poor. There are three ways people respond to failure. The first group of people get so disappointed by their failure that they just give up! They would say, “I tried it but I failed”. They see failure as the end of the game, as the final verdict that they are not meant to succeed.

They give themselves reasons like ‘Maybe I’m not good enough”, or “It is just too difficult”. Have you ever been guilty of doing this before? Sure enough, this way of responding to failure will see many dreams fade away. The second group does not give up that easily. When they reach their outcome, they would say, “Let me try again. Let’s not give up”. So they quickly get on their feet and try again. If their business fails, they go start another business. If they lose money investing in the stock market, they will go and try to buy different stocks. Will they eventually succeed? The answer is “No”.

Why? It is because this group may try and try again but they don’t change their strategy. They keep making the same mistakes, doing the same thing again and again. Sure enough, they keep getting the same disappointing results. So what happens after a while? They eventually get so frustrated and tired that they too will throw in towel. Some may even begin to accept mediocrity and fear to dream of anything better.

Success is the result of good judgment. Good judgment is the result of experience. Experience is the result of bad judgment. Anthony Robbins

Millionaires approach and perceive failure very differently. When they don’t reach their goals, millionaires do not see themselves as having failed. Rather, they see themselves as getting a learning experience! To them, failure is not the end, but only a detour. They see it as feedback that they are not using the right strategy. They then take this feedback, learn from the experience and change they strategy!

If changing strategy does not get them the result, they will once again get more feedback, change their strategy and take action again. They keep doing this again and again until they get the results they want! They will do whatever it takes UNTIL they succeed. By doing so, they turn their failures into success! Your Fuel To Success, Commitment.

My policy is to learn from the past, focus on the present, and dream about the future. I’m a firm believer in learning from adversity. Often the worst of time can turn to your advantage, my life is a study of that! Donald Trump, after turning around his $935 million dept into a $3.7 billion fortune.

Very seldom do millionaires achieve their success on the first go. Many achieve their financial dreams only after countless learning experience and setbacks. However, many agree that if not for those ‘learning experiences’, they would never have found the solutions to their outcomes.

Sim Wong Hoo, the founder of Creative Technologies did not succeed until numerous business failures. His first idea was to develop and sell the Cubic CT, the world’s first multimedia PC. After spending countless of hours and hundreds of thousands of investment dollars on the product, it turned out to be a dismal failure. Instead of beating himself up and finding lots of excuses, he saw it as feedback that the market was just not ready for the product. It was just too expensive and complicated for its time.

What did he do? He went back and changed his strategy. Eventually, after even more failures, he finally came up with the idea of a low cost sound card called “Sound Blaster”. And that one idea turned Creative Technologies into a billion dollar global company. You see, all you need is only ONE great idea that will make you your fortune. However, that ONE great idea hardly ever comes the first time around. It only comes after lots of bad ideas.

So can you see now? If you want to be a millionaire, then you will have to practice this habit, the ability to accept failure and turn it into success. If you are going to ask me which wealth books that I will recommend you, I will tell you it MUST BE Adam Khoo’s Secrets of Self-Made Millionaires without thinking much.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

Let me ask you this question, “Do you want to be rich?”, “Of course, that’s why I’m reading this article!”, you may say. Let me ask you the next question, “Are you 100% committed to be rich?“.

You see, there is a very big difference between wanting to become a millionaire and being 100% committed to becoming a millionaire. When you merely want, wish or hope to achieve a goal, it will rarely happen. Think about it. Everybody wants to be financially free, but very few ever make it happen.

This is the millionaire habit #7 which you must adopt!

Be 100% Committed

Studies after studies have shown that people who achieve phenomenal success and wealth did not just want it, they were 100% committed to achieving it. When you are 100% committed to a goal, it is no longer a wish, a hope or a want… it becomes an absolute MUST. You see, when something becomes an absolute MUST to you, it gets you to operate from a totally different frame of mind.

When something is a MUST, it will become your number one priority and nothing will ever come in its way until that goal is accomplished. When something is a MUST, you will do whatever it takes to get it (within limits of integrity of course). Even if it means stretching way beyond your comfort zone and investing time, energy or money, you will do whatever it takes. Read Your Fuel To Success, Commitment.

I believe that when you are willing to do whatever it takes to get something, you will always find a way. And if you cannot find a way, you will make a way. For example, when George Lucas (millionaire at 28 and creator of Star Wars) wanted to revolutionize film-making by creating the special effects required for the space battle scenes for Star Wars, the technology did not exist. Everybody told him that what he wanted to do couldn’t be done.

Instead of accepting the comfort of reality, his total commitment to making his dream come true was to set up his own company, Industrial Light and Magic to create the special effects required for his own movie. However, when you merely have a weak ‘wish’ or ‘hope’ for wealth, you will never attain it. Why? This is because the path to achieving any goal and creating wealth is never easy.

In fact, it is extremely challenging and difficult. I can bet you that when you begin on your path to financial freedom, there are going to be huge obstacles and challenges that will get in your way. All the problems that you can possibly think of will come to test your faith and endurance and to stretch you out of your comfort zone. You will find that at certain points of time, you will lack the money and lack the energy. You may encounter people discouraging you, friends leaving you and things not going as planned.

If it is merely a ‘wish’ that you have to become rich, chances are that you will eventually give up and find lots of excuses of why it cannot be done. This is because those that merely ‘wish’ for success are never willing to stretch beyond their comfort zones and do what ever it takes to overcome all their challenges. In addition, when something is merely a ‘want’, you will find that your mind will be filled by a dozen other ‘wants’ that will take away your time and attention.

After a while, you will find you will find yourself being distracted by other things that come your way. Has this happened to you before? So, the only way you will ever achieve your goals of becoming rich is to make it a MUST for yourself.

How To Make Your Goals A “Must”

The trouble is that becoming financially abundant is rarely a must for most people. It is merely a wish. However, it is always a must to survive… and that is why most people merely survive. So once again, to achieve all your financial goals, you have to make them a must for yourself. How do you make something a ‘must’? The answer is by putting yourself on the line. When you put yourself in the situation where you give yourself no choice BUT to succeed, you very often will.

If you study the life stories of millionaire history makers, many of them came to a point in their lives where they put themselves on the line and staked everything they had. And because they had NO CHOICE but to succeed, they often did it against insurmountable odds. Lack of drive after setting goals and procrastinate? Read 3 Action Keys Toward Your Goals.

The only reason that the movie Star Wars came to existence is because George Lucas was 100% committed to making his dream come true. Many people have the perception that Lucas was just a genius who was fortunate enough to dream up this naturally successful movie. If you read about the history of Star Wars, you would know that up to the day of its release, everyone believed that it would be a major flop, including the actors!

During the production, anything that could have possibly gone wrong went wrong! At the end of sixteen weeks of filming everyone had every reason to believe it would fail. The movie had grossly exceeded the initial budget, it had overrun the filming schedule, the special effects unit could not create the desired effects and everyone had the opinion that it was a kiddy movie.

As a result, 20th Century Fox studios wanted to pull the plug and gave Lucas three days to finish 2 weeks of work that was lost. What made things worse was that Lucas suffered severe chest pains in the middle of all this and was warded for severe stress and exhaustion. Most directors would have given up and cut their losses, knowing that it was impossible to achieve it all in three days.

If Star Wars had been a ‘wish’, it would have failed there and then. But to Lucas, it was a must… he would do everything to make it happen. Lucas hired a triple crew, divided the stage into three sets and directed three scenes concurrently. Three days later, Star Wars was delivered and the rest in history. By the end of its first theatrical run, Star Wars became the most successful film in North American history. It grossed a total of $290 million and George Lucas‘ cut from the box office was more than $50 million.

As a teenager, Lucas set a goal of becoming a millionaire at the age of thirty. He was off by two years; Lucas made his millions by the age of 28. When it came time to making the sequels ‘Empire Strikes Back’ and ‘Return of the Jedi’, Lucas rejected the money offered by Fox studios. He was so committed to making the sequels an even bigger success, that he took what he earned from his first film and fully financed Empire Strikes Back for $18 million (Millionaire Habit #4 - Delayed Gratification).

Everyone thought he was crazy as the number one rule as a moviemaker in Hollywood is to ‘never use your own money, even if it is your own film’. His belief and commitment paid off. The next 5 Star Wars films generated revenues of over $20 billion and today, George Lucas has amassed a personal fortune of close to $3 billion.

Well, you don’t necessarily have to risk all your money like George Lucas to get totally committed to your goal. There are other ways of putting yourself on the line. You can put yourself on the line by making public commitments. Whenever you set a goal, announce it to everyone because you know that the moment you do so, there would be no turning back. You had to make it happen!

Interesting article? Feeling motivated and excited now? All thanks to Adam Khoo, this article is sponsored by Adam Khoo’s Secrets of Self-Made Millionaires. This is a wealth book that I will strongly recommend to anyone who is serious about building their wealth. If you are truly 100% committed to become a millionaire, then this book is meant for you. Steal Secrets of Self-Made Millionaires while you can.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

Many people have the perception that the fabulously rich and powerful are dishonest and unethical. And who can blame them after hearing stories of how millionaire executives rip off their shareholders in scandal after scandal on Wall Street? Think about Enron, China Aviation Oil, WorldCom, ACCS, REFCO and the list goes on.

Certainly, there are unethical and unscrupulous rich people around (incidentally, their wealth and business rarely last), but the truth is that most self-made millionaires share a common habit of personal integrity. Interestingly, in the best-selling book ‘The Millionaire Mind’, author Thomas Stanley interviewed 733 multi-millionaires and asked them what were the key factors that contributed to their wealth. Ranked number one was ‘being honest with people‘.

Surprised? This factor was ranked way ahead of factors like ‘making wise investments’, ‘working hard’ and ‘having a competitive spirit’. What is integrity and why is it so important to long-term wealth?

I guess now you know what is the millionaire habit #6, it is…

Acting With Integrity

These teachings are from Adam Khoo’s book, Secrets of Self-Made Millionaires. As you may already know, Adam Khoo is a young, self-made millionaire from Singapore. He is my favorite wealth teacher. That is why I strongly recommend anyone who are serious in building massive wealth in their life should buy his book, Secrets of Self-Made Millionaires. Think about it, by only investing a small portion of your money, you will learn all about wealth building, start from your mind until you build a successful wealth fortress.

Integrity is about being honest with others and adhering to high moral standards. It is also about doing what you say you will do. When you act with integrity, your customers, colleagues and staff will place their trust in you. They know that you mean what you say and that you will not let them down. They know that you will give them the best quality for their money and they know that you will not cheat them.

It takes twenty years to build a reputation and five minutes to ruin it. If you think about that, you will do things differently. -Warren Buffet, world’s richest man.

In a world where so many people are unethical and dishonest, build your reputation on integrity and you will have an endless supply of customers, suppliers, investors and business partners. One of Singapore’s multi-millionaire Vikas Goel, Founder and CEO of eSys Technologies, arrived in Singapore without a dollar, but managed to build a global billion-dollar company in five years.

Vikas Goel, Ernst & Young World Entrepreneur of the year awards. Click here to read more.

How did he do it? Where did he get the money to get started? Initially he worked at a company called Karma. When the recession hit in the late 1990s, Karma’s parent company collapsed. Instead of waiting to be retrenched, Goel took the proactive step (Millionaire Habit #2) of undertaking a management buyout of the Singapore unit. In order to keep the business going, he persuaded his customers to pay him in advance so that he could use the money to buy the products from his suppliers.

The only reason his customers agreed was because Goel had built up his reputation as an honest and trustworthy man while dealing with them in the past. A few months later, he bumped into his old boss at Sim Lim Square. When he told his ex-employer that he was running out of money to sustain the business, Goldkist gave him $300,000 simply because he knew that Goel was a man who would never run away with his money.

This is the power of building a reputation of trust and honesty. That was not all. Goel also happened to meet up with an old friend and ex-customer in Sim Lim Square. When he asked for help, his ex-customer wired $1 million into his Seagate account so he could buy goods from Seagate.

As you can see now, integrity is above everything else. So, always act with integrity and you will possess one of the greatest strengths of all.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

The most common question that people ask about getting rich is, “what is the best career or business that will make me the money money?” Is it going to be education? Food? Insurance? Network marketing? Health care? Option trading? Property? What is the best industry to be in right now?

Well, you will find that in ANY industry, there will be a minority who will be making plenty of money, while the majority will be struggling to survive. This is the teachings that you will find in Adam Khoo’s Secrets of Self-Made Millionaires book. It is a great book that I STRONGLY recommend you to steal it.

The answer for the question above is that you can become a millionaire in any industry, only if you are one of the best! If you are not one of the best, you will never become rich in any industry. You can become a millionaire in insurance, property, options trading, education, retail, food or internet marketing ONLY when you are one of the best!

So how to become the best in your industry? The answer will be by being 100 percent, absolutely committed towards our particular business or career. Know this fact, people become the best at what they do only because they eat, sleep, breathe, talk and think their business eighteen hours a day, sometimes they even dream about it. Your Fuel To Success, Commitment.

Therefore, this habit, millionaire habit #5, is…

Do What You Love

All successful individuals have one thing in common. They love what they do. And because they have such an intense passion for their particular career or business, they do not distinguish work from play. To them, their work is their play, and vice versa. As a result, they spend every single day and every waking hour working, which for them, it is playing and enjoying.

That is the number one reason that makes them the best in their industry. This is why they are their market leaders, they are the experts, and this is the reason they can make tons of money in their industry. Every successful millionaire has a love and obsession for what they do.

Some Real Life Examples For You

Tiger Woods is the best golfer in the world because he is obsessed with golf. It is his intense passion for the game that gets him to hit hundreds of balls under the hot sun every single day until he gets it perfect! It is his passion that gets him to continue competing in tournaments despite already having amassed a personal fortune of $575 million. It is not the money that motivates him. It has always been the love for the game and the love of competing.

Similarly, have you ever wondered why Bill Gates, the richest man in the world who is worth $46 billion still works 18-hour days(I know now he had retired)? Why doesn’t he just sit back and relax on the beach? The reason is because like all millionaires, what drives him is never really the money, it is the love of being at the forefront of technology. It was his obsession of ‘putting a computer in every home running Microsoft software’ that made him the best in the field. Read The 11 Principles From Bill Gates.

What about others? Donald Trump loves doing deals, Michael Jordan loves basketball and Steven Spielberg loves making movies. If you read their biographies, you will find that none of them got into their industries because they thought it was lucrative. They got in because it was what they loved to do!

They love to do it so much that they would even do it for free. This is why although they never have to work for money ever again, they keep working harder and harder. It is because it was never work in the first place. Unless you do what you love, you will never be rich.

If you find that you lack the motivation and discipline to become successful in what you do, the reason is obvious. It is not your passion! Think about it. Do you have a natural passion for something? Do you have a hobby? Like playing golf? Playing with children? Did you ever noticed that by doing what you love, the energy never stop flowing? Even if you are tired, but you will always find energy to do what you love.

This is the secret that will bring you unlimited wealth! Whenever you do something that you love, you will be naturally focused, committed and energized to work at it. When you give your best to whatever you are crazy about, you will become the best!

So you see, many people thought that they have to work so hard in life in order to become rich. They got to force themselves to be motivated. They believe that when they eventually make enough money, they can finally do what they love and enjoy their lives.

Work Hard —> Make Enough Money —> Do What I Love

If you follow the path above, it is going to guarantee that you will struggle in stress and misery in your life. When you do something purely for money instead of passion, you will find it very difficult to stay motivated. As a result, you will burn out and give up sooner than you can think of.

Instead, you must do what you love to do now. Not only will you begin to enjoy your life and be happy but you will suddenly find the natural energy and motivation that will drive you to give your best and become the best. When this happens, the money will automatically follow.

Do What I Love —> Make Money —> Continue To Do What I Love

So how can you tell if you are doing something that you love to do? Don’t worry, just go through and find the answers for these questions below, you will find out what you actually love.

• “What do I love to do? What would I do even if I didn’t get paid?”
• “If I had all the money in the world, how would I spend my time?”
• “Who are the people who have made their fortunes around this passion I have?”

Remember, do what you love and you will never work for another day in your life! No matter what industry you are in, there must be a minority who is the best in it. So look for them, then model and learn from them. These millionaire habits are brought to you by Adam Khoo’s Secrets of Self-Made Millionaires.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

This, for me, is a very important habit that you must have if you want to be a millionaire. From the book that Adam Khoo wrote, Secrets of Self-Made Millionaires, he mentioned that if you want to be a millionaire, you have to prevent this habit, instant gratification. Therefore, what you need is this…

Delayed Gratification

Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people who adopt this instant gratification habit, will spend a lot more than they invest. By spending on that new car, new wide screen television set, or designer watch, they get instant gratification.

When it come to investing in books, seminars, stocks, or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied. (Tips, learn and Make Use of Piggy Banks)

People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to customers. They tend to cut corners on quality add deliver shoddy products to save money and boost short term profits. So I hope that you will learn this lesson today, that is to learn how to delay your gratification.

At the same time, those who desire instant gratification lack the patience to allow their money to grow and compound through investing. When they don’t see huge sums of money in a few weeks, they abandon their investments and never get to reap the benefits. They have no patience to wait for the seeds they sow to grow into huge money trees that bear fruit.

Well basically, there are only two ways you can use your money. You can either spend your money, or you invest it somewhere. For example, if you spend $1,000, you get instant gratification from whatever you have bought. However, you have to remember that your $1,000 is gone. It is the same if you spend $100, or even $10. When you spend it, it is gone, you get zero return.

When you invest that $1,000 in a seminar, books, or stock, it will grow into $1,200, $2,000, maybe even $10,000, depending on your rate of return. People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for an instant, but their future wealth will be destroyed.

So, do think twice whenever you want to buy something that is going to make you feel instant gratification. Instead, go ahead and use that money and invest in books or seminars that are going to make you a fortune.

Know this, self-made millionaires never take shortcuts in business. They look at always giving the best value to their customers, even if it means earning less at present. They know that by building their reputation, it will lead to huge profit streams in the future.

Real Life Example of Delayed Gratification

I’m going to tell you about how Adam Khoo learn to delay gratification, and make him a millionaire at the age of 26! When Adam was in the college and university, most of his friends spent their holidays partying and having fun. They experienced instant gratification. For Adam, instead of partying, he spent all his holidays taking up speaking engagements to hone his presentation skills, reading investment books, analyzing company reports and writing chapters of his books.

He knew that by ’sacrificing’ this immediate enjoyment, the rewards in the future would be tremendous! Sure enough, by the time he graduated from university, he had streams of positive incomes from his best-selling books and his 2 businesses which he had set up. Adam was earning more money than his lecturers while many of his friends were struggling to get their first job with their first paycheck.

So can you see it now? If you want to be a millionaire, you must first learn how to invest your money instead of spending them. The moment when you want to spend something, just think twice and ask yourself whether that thing that you are going to buy will make you money in the future. This is how many self-made millionaires made build their money.

Do you think that the world’s greatest investor, Warren Buffet knows about this habit? You bet, if he doesn’t have this habit, I dare say that he won’t be as rich as today. Learn How To Save If You Want To Be A Millionaire.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

This is going to be the third millionaire habit that you need to adopt if you want to be a millionaire. I believe that you know about this habit a lot. It is…

Take 100% Responsibility

I’m just going to be brief about this, because in the past, I have posted quite a lot of this millionaire habit. For instance, you can read about my 12 Keys to Success, in the key #3, I mentioned about how responsible can bring you success. It is the same here, you have to be 100% responsible to achieve the wealth you always desire about.

Unfortunately, most people choose to adopt the victim’s mindset of giving excuses, blaming and complaining. Remember when you give excuses to yourself or blame others for your lack of wealth, then you are putting others and external events in control of your life!

When you are not in control, you do not have the power to change your circumstances. Instead, millionaires take 100% responsibility for their wealth. They believe that they alone create their wealth through their strategies and actions. As a result, they know that they have the power to change their wealth by changing their strategies and actions.

It is only when you live by this habit will you have the power to exponentially multiply your income and wealth. I mean, think about it, if you are selling traveling guides, and when the economy is down, will you blame the economy for bringing your business down? If yes, then you will be in the victim’s mindset, you put yourself in a powerless situation where there is nothing you can do.

Did you still remember how Richard Branson made his fortune by adopting the winner’s mindset? If you don’t, you can read about it here, The Millionaire Habit #2. Branson put himself in the winner’s mindset, and he turned what other sees as problems into money making opportunity.

If you truly want to be a millionaire, this is what you need! Take back the example from above, when the economy is down, and you are in the travel industry, what can you do to make your business grow? Well, there are quite a lot of strategies you can use. For example, you can expand your business by going internationally, or maybe you can take it as an opportunity, by saying that it is the greatest time to test your business and strengthen its foundation, and when the economy picks up, your business will bloom!

Can you see the difference between taking 100% responsibility and blaming others or putting the responsibility away now? If you say that it is under your responsible, you will not even care about it, and your mind will shut of any creativity juices it produces.

Before, I have posted about The Winner’s Mindset, you can read it, it is an interesting post. This will be it, the third millionaire habit.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

All of the millionaires out there, they have one set of habit that makes them rich, makes them a millionaire. And in this book, Secrets of Self-Made Millionaires, Adam Khoo, my favorite wealth teacher, explain the millionaire habit that you need to adopt in order to be a millionaire.

I strongly recommend you to grab this book, for me, it is the best wealth book that I have ever read. Before this I have also posted about millionaire habit #1, always exceed expectations. Now, as for the second millionaire habit that you need, is this…

Be Proactive

Yes, if you want to be rich, if you want to be a millionaire, you have to be proactive. People who are proactive are those that make things happen. While those who adopt the reactive mindset, they wait for things to happen. When the economy is down, proactive people will not sit still, they will go and look for opportunity, instead of waiting for opportunity to come to them.

You have to be proactive if you want to be a millionaire. Have you ever attended any seminars, and they want you to break the ice by introduce yourself to others? Are you the one that just going to stand there and wait for people to come to you? Or you are the one that goes to people and introduce yourself to them?

If you have been in this kind of situation before, you will know. Here, people can be classified into 2 groups. The first group are those that who adopt the reactive mindset. They wait for people to approach them, and they react toward other people’s action. These people won’t have much control in their life.

Because for them, when there is no opportunity for them, they will just wait for opportunity to come, just like waiting for money to fall from the sky. They are characteristic of people who complain about everything that is happening around them and hope that something will change. When reactive people face problems, they will just wait for others to come and solve their problem.

While the other group of people is those who adopt the proactive mindset. They are the ones that make things happen. They will go and introduce themselves to others. When there are no opportunities around, they won’t sit still, they will go out there and look for opportunity. If needed, they will even create the opportunity for themselves. These are the people that adopt the millionaire habit, proactive.

Let me give you a real-life example of how, by adopting the millionaire habit of proactive, can make a person rich. This guy is called Richard Branson, you probably have heard of him. He is the chairman and founder of the Virgin Group.

The One That Make Things Happen

Well, just imagine that if you had to take an important early morning flight to New York but due to unforeseen circumstances, the flight got canceled and you are stranded at the airport with a hundred other passengers. There is no other flight out that day. What do you think you will do and how would you feel? Are you going to…

1. Just wait for news of the next flight out
2. Lodge a complaint with the authorities
3. Hang around with other stranded passengers and complain together

Most people will think of this kind of situation as ‘problem’, and they can’t do much about it. You see, if you think of it as a problem, you will out of the power to control the situation. This is the same exact situation that happened to Richard Branson in 1980. He and his wife were stranded when the local Puerto Rican flight got canceled. There were no other flights out that day. (Remember, you always have a choice in your life.)

Instead of seeing it as a ‘problem’, Branson’s millionaire mindset got him to see it as opportunity. As a result, he took a very different set of actions. What he did is this. He got on the phone to a few aircraft charter companies and managed to charter a private plane for $2,000. Knowing that there were many stranded passengers who needed to catch a flight out badly, he borrowed a blackboard and wrote ‘Virgin Airways $39 Single Flight to Puerto Rico‘.

Within hour of walking through the airport terminal, he had sold every single seat! After successfully flying everyone back and making a cool profit, he mulled over what one happy passenger had casually said, “Virgin Airways isn’t too bad, smarten up the service a little and you will be in business”.

And the rest is history. The amazing thing about Branson was that he did not use any of his money to solve his ‘problem’. He used his millionaire mindset, think and turn a problem into opportunity. I believe that this is a very clear example of what exactly being proactive is all about. Yes, Everything Starts From Your Mind.

By having the proactive mindset, you will somehow put yourself in the position of power and choice. You are in control and you are in command of your life. You will eventually take actions that lead to your wealth and success. However, if you act in a reactive mindset, you will never find your way to riches, because you are not in controlling of your wealth, your finances will never be within your control.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.

Secrets of Self-Made Millionaires, for me, is one of the best wealth books that you MUST HAVE if you want to become a self-made millionaire. This book is written by Adam Khoo, a young, Singapore self-made millionaire at the age of 26. What he taught in this book is much more than you can expect.

For me, Adam is a real value creator. If you ever read this book before, you will understand what I mean. In his book, Secrets of Self-Made Millionaires, he taught about the millionaire mindset. For you to achieve massive amount of wealth, you will first have to adopt the million-dollar mindset.

So, the first millionaire habit, will be this…

Always Exceed Expectations

Overall, people can be categorized into 3 groups. The first group is those who adopt the habit of doing less than what is expected. Their patterns are reflected in the fact that they probably do less than what people can expect. When you ask them why, they usually will give you a lot of excuses like “I could not think of more” or “I just don’t have the time to do all these”.

Because of this thinking and habit, this kind of people will not add any value for their business and their company. In fact, they tend to reduce the value their company creates. These are the group of people when you ask them to do ABCD, they will only end up doing just A and B.

While in working, although they are paid $1,000 for their work, but they only create $800 in value. They are the liabilities of their company. So do you think that the company will give this group of people a salary raise? Hardly.

The next group of people is those who adopt the habit of doing exactly as expected. The majority of us fall under this category. This group of people will obediently do exactly as told, if you ask them to do ABCD, they will do exactly just like what you have told them to do.

They are responsible people who get the job done, nothing more nothing less. They clock in at nine in the morning and knock off exactly at six in the evening. If they are given the task to hit $10,000 sales, they will do exactly that, they will hit $10,000, and no more.

So, are this group of people consider the asset or the liability of their company? They are the low-return investment for their company. By paying them $1,000 per month, they will create $1,1,000 value or so, make their company get a small amount of return on their business.

Will these people get a pay raise? Of course, because they are responsible people, they will get a pay raise. However, this group of people will only be promoted up to a certain point. They will eventually hit the ceiling. This ceiling is normally that of a manager, because they can only take orders and get things done.

Meet The Real Value Creators

The last group of people is the real value creators, they always do more than expected. If you are in this group, it is not something that you were born with, it has nothing to do with your academic results, but it is a habit of choice that anyone can adopt. Value creators have the habit of doing a lot more than expected. If they are paid $1,000, they will work as if they are being paid $10,000.

They are the real, high-return investment for their company. It is through their efforts, that the company make more and more profits every year. As a result, they will often get a pay raise, bonuses and stock options. The company knows that for every dollar they invest in them, they will return triple the value. Your Value Determines Your Income.

In the past, income was based mainly on seniority and loyalty. The longer you stayed, the more you were valued. However, this is totally different in today’s world. The amount of income you get is fully depends on the amount of value you create. That is why we have examples of people who are younger, with a lot less experience directing business, but they are earning a lot more than senior workers.

The real value creators are usually being head hunted by other companies. So, the first unbreakable habit of wealth is to do a lot more than expected. This habit does not just apply to employees, it applies to anyone! Here is the real-life example of value creator:

When Michael Jordan was interviewed and asked how he became the world’s greatest basketball player, he replied, “I expect more from myself than anyone would ever expect from me! When my coach expects me to train 3 times a week, I would train 5 times. When my coach expects me to score 15 points for each game, I would score 36 points! That is why I am the best in the world!”

If you are doing just as expected, you will soon out of business! In today’s business world, the competition is high, and if you want to make your business stand in front of others, you will have to do a lot more than expected. If you start a retail store today, you are competing with hundreds of others, both locally and internationally!

Today, if you perform below your customer’s expectation, you will soon out of business. Simply because they have many other choices, and others can provide the same service or products just like yours, maybe even better! Many business owner struggle because they offer exactly the same value as every other business in their industry.

The answer to create massive wealth today is to exceed our customer’s expectation. You have to create more value for your customers. Create More Value and Money Will Follow.

I hope that this post is going to help you both in your life and your business. No matter you are doing your online business, or offline business, always exceed expectations, and you will find your wealth doubling in a rapid rate.

==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.