Friday, March 21, 2008

The Millionaire's Mindsets And Habits

If you observe genuinely rich and wealthy people, you will notice that truly wealthy people share and adopt similar mindsets and habits.
When I refer to millionaires or wealthy people, I am not to referring people who have large amounts of money in their bank account or people who have amassed large fortunes or assets.
I am referring to people who possess the millionaire's mindsets and habits. These mindsets and habits can be said to be more invaluable than any current assets or fortune.
They are the reason why and how rich and wealthy people are able to create the wealth they have now. It does not matter where you are starting from. You can be a millionaire now or you could be having nothing to your name at the moment.
Having acquired the millionaire's mindsets and habits, creating wealth is simply an everyday thing, a part of life, not something you struggle to attain.
The question is, have you acquired these mindsets and habits?
Introducing you to the...
MILLIONAIRE'S MINDSET
Millionaires Take 100% Responsibility for their:

Emotions
Communication
Results
Wealth

Millionaires believe: For Things to Change, I Must Change First
Here's the opposite mindset of a millionaire:
VICTIM MINDSET
Here's what victims do:

Give EXCUSES
BLAME Everyone Else
Go into DENIAL
COMPLAIN All the Time
JUSTIFY their Actions

Are you playing ABOVE or BELOW the Line? You decide which category you fall in. No one but only you can decide for yourself
Next we come to HABITS.
What do habits have to do with wealth creation and becoming wealthy you may ask? Let me be honest and upfront with you right now. Being rich & wealthy is a process; it is actually a journey filled with a set of principles. That is where this sets of habits come into place. If you cannot even master these 10 habits, forget about becoming wealthy. It could be too arduous and tiring for you.
Here are the 10 wealth habits

Do More Than Expected
Be Proactive - Make things happen
Delayed Gratification - Invest more than you spend
Do What You Love
Constant and Never Ending Improvement
Make it a Must - Put Yourself On The Line
Have Integrity
Have Discipline - Stick To Your Rules
Play Win-Win
Turn Failure into Feedback

Make these mindsets and habits a part of yourself. In this way you are in fact investing in yourself. When you start investing in yourself, you will begin to expand. Through self improvement and expansion, these internal resources will enable you to generate the riches and abundance in life.

By Wei Chung Kay

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