Money is all about mindset. You need to have the right attitude and habits to create such a waterfall of wealth in your life. Let's be honest, we all want something and most people will say that desire resides in more money. Follow these simple commandments and repeat them everyday to help improve your monetary earning methods.
1. Work Hard
Most people in the world believe that their ticket to a financially free life is literally a ticket. Well, more like a lottery ticket. We all know the odds of winning the lottery, and it's just not the mindset of a millionaire. You have to earn wealth through tough and draining work, whether you go door-to-door hustling on the streets or educating yourself on the stock market and waking up early to greet the opening of the market each day. If you don't put in the time, you can't make the big bucks. (Remember, Time = Money)
While you are working hard, you need to make sure you are working hard on the right thing. Eliminate multi-tasking, it has been proven to limit your ability to comprehend new material that you are trying to focus on absorbing. Put your phone away, close your social media sites, and get down to business!
3. Manage Risk
Risk-taking is a huge part of a millionaires lifestyle. What you have to understand is that you need to make educated risks, not based on your gut feelings. Don't ponder a decision for too long, avoid emotions from getting in the way, and don't guess based upon your "intuition". That is how you lose money, period. It doesn't matter how much experience you have, the world is a constantly changing place that manages to spin our heads around. Do your homework and make an educated decision to aid in managing risks effectively.
4. Give, give, and give some more!
This is very important. In order to earn trust and make friends, you need to show that you care about their endeavors. Show them financial support and lend a helping hand when they are struggling. It will certainly reciprocate ten fold when you need them in the future. Showing generosity will help forge lasting business relationships.
5. Personal Development
Stop watching TV and go read a book recommended on the Library page of this site for an hour. The more you educate yourself and invest in your abilities, the better your will become. We can all find a little time to spare in the day, whether you wake up early or stay up later at night. It's vital to continue your personal development, no matter what age you are. Every self-made millionaire keeps their mind in tune with the world, especially its history. Self-education is the nike shoe on the track to financial success, and the race is very competitive.
If you apply these methods each day, you will surely see a positive trend in your life. While working towards your financial goals, keep your mind open and be sure to continue developing a strong character with habits most people find intangible.
An ambitious Neuroscience Major, Entrepreneur, and Athlete.