Before you begin
How to become a millionaire is a question many people were asking at some point of their life. Brian Tracy was one of those people who you would never expect to succeed if you saw him when he started. Don’t let any experience in your life act as a break to your success.
Nature does not care – nothing works the first time. Do what you need to do. That is Law of Cause and effect = everything happens for a reason. Find a person that achieved what you want to achieve and you trace their steps. Watch and learn what they were doing, model their behavior and eventually you will get the same results. Success is not an accident. Failure is not an accident. Success leaves tracks. Learn from the ones that are before you.
The things you need to do to become a self made millionaire are not important. What is important is the person you need to become. In order to achieve something you have never achieved before, you have to become someone you have never been before. The general answer to the question How to become a millionaire is: You need to become a vastly better person.
How to become a millionaire
1. Know that all skills are learn-able
You are probably one skill away from doubling your income. What is the skill that is the key skill you need to learn in order to achieve your goal?
2. Dream big dreams
Imagine your life is perfect in every way. You have no limitations. You have all the money, all the education, all the experiences… and you can become and have anything in your life. What would it be? If your life would be perfect in 5 years, what would it look like?
3. Do what you love to do
Do not work for money. Look at the things you love to do and start there. Start building your wealth where your interests are.
4. Commit to excellence
All people that are successful are great at what to do. Be at the top 10% of your field. If you don’t want to be at the top 10% then it means you are in a wrong field. Everybody who is doing well now – top 10% was in the bottom 10% when they started.
5. Develop your unique talents and abilities
What can you be good at today? How could you be better? What should you be?
6. Develop a clear sense of direction
Decide what you want in life. Determine a path you need to go through a and the price you need to pay. And commit that you will pay the price. What is the price that you need to pay in order to achieve your success?
7. Refuse to consider the possibility of failure
Failure does not hold you back. The failure makes you smarter. We all fail. It is the fear of failure that may hold you back. Look for something good in those failures. Seek the valuable lesson. The biggest problem today may be the biggest gift in the future.
8. Dedicate yourself to lifelong learning
- Read 30 minutes a day the top books
- Take every course possible in your field
- Listen to audios
9. Develop a workaholic mentality
Start earlier, work harder and stay later. 40 hours a week makes you survive. All the hours you put over 40 will get you the success. Work all the time you work.
10. Get around the right people
Surround yourself with the people that are where you want to be. We are like chameleons. We take after the peer group we are around
Additional steps
- Be prepared to climb from peak to peak
- Develop a resilience and bounce back
- Become an unshakable optimist
- Develop the Courage and persistence
- The quality of self discipline
