Notes from a Millionaire

 

On the Path to Wealth

Two ways of thinking:

Traditional

• Little risk if any
  
• Disciplined savings
  
• Disciplined spending
  
• Focus on building assets
  
• Building purchases
  
• Highs and lows stabilized
  
• (may be best for those with family considerations)
  

 

Entrepreneurial

• Higher level risks
  
• Belief of spend it, and income will increase
  
• High lifestyle
  
• Highs/Lows @ extremes
  
• Must be able to adjust standard of living
  
• Highs can be grand
  

  
   

And of course the third path, which is a combination of both…

4 Keys to Financial Success

1. Make a definite decision to be wealthy.
   
2. Establish positive beliefs (what you can and can't do is based on your beliefs.)
   
3. Never listen to what others tell you what you can't do.
   
4. Use leverage
   

Some examples of positive beliefs:

• "I am happy any time I am working towards my goals, spending time with my loved ones, and am learning or growing."
  
• "I always continue to increase my net worth and earnings each year."
  
• "I turn impossible looking situations into goldmines (every time.)"
  
• "All the mentor's, teachers, and assistance I ever need shows up with impeccable timing."
  

  
   

• Develop the mentality in business to "Work yourself out of a job."