Use these 10 millionaire mindset tactics so you can achieve financial success.
Do millionaires have a different perspective than most average 9-5 people?
Put simply, yes.
In my experience, the main difference between those who achieve monumental financial success and those trapped in the “rat race” really all boils down to one key trait: MINDSET.
I think Napoleon Hill said it best…
“Thoughts are things.”
So today, I’m going to take you behind the scenes to get a sneak peek at “thoughts” that typically run through a millionaire’s mind.
As a multi-millionaire who’s rubbed shoulders with more than a few brilliant billionaires, I’d like to share the 10 traits I notice in big business most frequently so you can gain from the benefit of these simple yet powerful shifts in thinking.
1. Make It Larger Than Life
This is maybe the biggest difference between a well-paid executive and a visionary entrepreneur who changes the social landscape. And it’s such a simple mindset shift.
The secret to grand success starts with a “larger than life” idea.
Focus on projects that are larger than life, larger than your life. These are typically projects that genuinely deliver services to others and help create convenient and amazing solutions.
If you’re drive for success is focused solely on your needs, your finances, your recognition, your success will be limited. While, when your project serves to go beyond your own needs, that’s when you’re really in the zone of entrepreneurial genius.
2. Leverage Human Resources
Your power team is absolutely crucial to your success. Literally every successful person knows the importance of aligning yourself with experts you can call on to get more done with better results.
You don’t have all the answers, and you don’t need to. Instead, you need to master the art of leveraging human resources. And when it comes to resources, nothing is more powerful than your power team.
The cost of a good coach or mentor will pay for itself ten-fold so do your homework and get yourself a coach you can work with who is an expert in the field you want to excel in. Then, build a team of people who you leverage to work in different areas. With the reach of technology today, there’s an endless supply of assistance you can tap into to get more done for very little cost.
3. Be Productive
No, you don’t absolutely have to wake up each morning at 5am – you do however need to be productive. You aren’t going to achieve your goals by sitting around dreaming. That’s just not how it works.
The good news is, once you are working on your plans and your goals, work becomes exciting instead of a sort of drudgery that so many people face at a thankless job.
The best way to optimize your productivity is to create your own personal systems that work with your work habits.If you know you like working in the evening, so be it.
It’s also a great idea to use automated systems to your advantage. If you want some good free automation resources, check out this post here.
4. Master Marketing and Sales
Yes, you need to know a thing or to about marketing no matter how talented you are, if you want to make money in your lifetime.
History has countless examples of starving artists who died penniless, only to have their art become priceless prices in modern day. Whether it’s a painter, a musician, a writer or an entrepreneur – if you don’t know how to use marketing to make sales, you’re not going to get your message or your success.
Start with marketing fundamentals and examine existing marketing within your industry. Try to get a sense of how you can create a marketing campaign for your products or services. If you want some help with your online marketing, check out this post here.
5. Be Decisive
If you like to spend time hmm and hawing over mundane details, you might miss out on important opportunities. Not just those time-sensitive ones, but also the sheer momentum that comes from taking action.
Instead, make decisions swiftly and don’t be afraid to say yes or no.
Most of the time, your intuition will guide you to the right place so don’t second guess yourself. Besides, as any successful person will tell you, a failed attempt is just a part of the journey – you learn much more from “failures” than successes.
Let’s cut to the chase, you’re not perfect and every choice you make isn’t right. So make the call and let the chips fall where they may. Be prepared to experience success and failure with humility and take it all as part of your learning experience.
6. Value Your Time
Fine, if you’re a landscaper company owner then go ahead and mow the lawn if you really must, but don’t undervalue your time with busy work that is easily outsourced at the expense of your own time.
As an entrepreneur and visionary, your time is valuable. Make lists of your tasks with clear priorities (I used A, B,C, and D to classify tasks), so you know to do those tasks that truly only you can do and leverage resources to get the rest done.
Work isn’t some boring hour by hour mundane chore when you’re an entrepreneur.
Just the opposite, it’s a pleasurable activity where you create from your genius and contribute. Mis your passion with your business so you can enjoy what you do and continue to create.
This 6-minute video sums it up perfectly.
8. Help Others
From your clients and colleagues to your friends and employees, help people along the way, True dedication and vision isn’t based on the best money idea, it’s about helping others achieve.
I’ve built all my business models on principles of social entrepreneurship. I only succeed when others succeed and that drive continues to push me forward to create.
9. Develop, Grow and Expand
Your journey of education and development is never over. Don’t limit your mindset of learning to a classroom (truth be told, I never learned all that much there myself…).
Instead, take advantage of learning more about business, marketing, your field, new skills, leadership, wealth management and more… it’s literally a limitless pool of options. Plus, you can do this at your own pace, whether you prefer virtual environments, books, videos – whatever you like. That’s part of the fun in your continuous learning.
As you develop, grow and expand your own skills and education, your creative endeavours expand too.
As you grow and follow your passion, be sure to listen to the input and suggestions from friends and your team along the way. Others have important details to share with you and those opinions are valuable. I personally like to carve out time in every day to reflect and take notes on conversations with people. All it takes is 15 minutes to make sure you’ve absorbed what is around you and considered it. It makes all the difference.
Try to actively engage with others and seek out feedback when you’re launching new products, services, marketing campaigns, etc. – you’ll be amazed at how crucial these insights really are.
That’s what really separates the millionaires and the worker bees. It’s those crucial distinctions that help you to take your potential and manifest your goals into reality. Give it a try, it’s a fun ride.