‘Millionaire mindset’, this term has becoming more and more popular these days. Why is this so? I guess one of the reasons is because more and more people start to realize that if they want to be a millionaire, they’ll have to start from their mind.
Is it true that in order to be a millionaire, you’ll have to start from adopting the millionaire mindset? If you go to the hospital and if you look through the maternity ward window, you’ll see all the babies there. Do you know which one of them will be a future millionaire? Can you tell which of the babies are going to be the next Bill Gates? Chances are, you don’t.
So what does this tell us? It shows us that we’re all the same. We were born with the same brain, the same opportunity and were the same physically. Of course, this excludes people who were born handicap. But the thing is, most of us born the same. The only difference and the only factor that determines our future and our success is our mindset.
That is why mindset is so important that if you want to become a millionaire, you’ll have to start by adopting the millionaire mindset.
Is Millionaire A Risk Taker?
One day I went to consult my lecturer about my final year project, and then suddenly she told me, “High risk, high return. Low risk, low return”. Is it that if you want to be rich, you’ll have to be a risk taker?
Do you think that Donald Trump or Warren Buffett is a risk taker? In my very own opinion, the answer is a no. To me, risk is contextual. Or in other words, risk depends on the situation.
Let me give you some examples. If I’m going to tell you to drive a Formula One race car at the maximum speed, do you think you’ll crash? Most probably. The chances of you getting an accident will be high. However, if you are a trained racer, you’ve the skill just like Michael Schumacher, do you think that the risk will be lower?
Of course it will! If you know what you’re doing and you’ve the skill in driving a Formula One race car, it is easy for you to drive a maximum speed. You’ll never get involve in any accident. This is why I said that risk is contextual.
Another example is this, if you’re going to climb Mount Everest, and if you successfully reach the submit, I’ll give you $100 million dollars. And so you decided to climb it. Do you think the risk of getting in an accident is high? Of course it is. You’ll fall and you could die because of that.
However, if you’re seasoned mountain climber and you’ve successfully climbed it a few times before. Do you think now that there is a risk involve? Yes, but you’ve greatly reduced the risk to almost zero.
So you see, risk is contextual. Many people thought that in order to be rich, they’ve to take risk. You’ve learned from the above that risk is contextual. As long as you know what you’re doing and you’re clear with the situation, risk can be greatly reduce.
Developing Your Roadmap To Wealth
Now, you know that risk is contextual, but how are you going to develop or create wealth? Like I mentioned in my previous post, Wealth Is Created With An Idea or a vision. You don’t need to have a master degree in business or a PhD in marketing in order to be a millionaire. All you need is an idea, a vision and a dream.
Developing your millionaire mindset is not only about reading and learning, it is an action-course. You’ve to take action and learn through the process. Whether it is buying your first bicycle, building your business or becoming a millionaire, you’ve to take action and take the journey.
You’ll reach nowhere if you’re not willing to take the journey. Taking the journey is one thing, another common reason most people live a mediocre life is because they don’t know what they really want in their life.
Once you knew where you are heading, all you then need to do to arrive at your destination is to travel the journey. You can take bus, walk, travel by car, by train or by aeroplane. No matter which method you’re using, you’ll eventually reach your destination, it only a matter of time for that to happen.
However, if you don’t know where you’re heading, you’ll never reach your destination. If you want to be a millionaire, you’ll have to live your life from the end. You read a book from the beginning, but you live your life from the end.
What I mean here is that you’ll have to decide what you’re going to achieve and at what age. This is as if you’re deciding to live from the end. You determine the end point of your life, what you want to achieve and when you’re going to achieve it. Then you create a strategy plan to achieve it. This is how a millionaire live his life.
By knowing what you want, you can then stay focused on it and keep on moving toward it.
There are a lot of millionaire mindset out there. What you need to do is to take the journey and learn along the way. You’ll discover those mindset as you’re travelling the road to wealth. So take the responsibility of each decision that you’ve made. No matter whether that decision made you a success or a failure, you need to take the responsibility for it.
The moment you start to take the responsibility, you’ll start to change your life, you’re learning through it because you’ve become the center of all else. Everything happened because of you, and so you’ll have the power to control and to change the situation. This is the single most powerful millionaire mindset you must adopt right now.
For things to change, you must first change!
Yes Shawn, Dare to Change. Sometimes, people who were born handicap did something greatest than normally people because of their dream, vision and passion.
For some example Beethoven, who went completely deaf at the age of 40 while hearing is the most important sense for a composer.
F.D. Roosevelt was elected to become President of USA, where his legs were paralyzed.
Like what Mark Victor Hansen has to say, “Setback is meant
to make ordinary people extraordinary”
Music expresses that which can’t be said and on which it is unbearable to be silent.
We all have the traits to become a millionaire, but the problem is we don’t know how to use it and develop our ideas. Our mindset is very important and our willingness to go an extra mile. We must create a positive outlook and take action towards your target. Creating and developing a Millionaire mindset is the most common features of all successful people.