Today I decided to write a post on the topic of becoming a millionaire. A lot of people out there think that they “can’t” become millionaires because they feel like the system is rigged against them, so they blame the government, collect their shitty little paycheck and never even try to reach millionaire status. This post is NOT for people like that.
Instead, this post is intended for guys (or girls) who are intent on getting millions of dollars in their bank accounts, and getting that money ASAP, rather than saving up slowly over decades.
TIP #1 – Focus On The Roots, Not The Fruits
I learned this success secret from T Harv Eker, although I’m sure he probably got it from somebody else. As you get into studying success and personal development you’ll find that all of the same basic ideas have been around forever. They just get passed down and tweaked along the way, from guys like Jim Rohn, Earl Nightingale and Maxwell Maltz to today’s success gurus like Tony Robbin etc… This is actually a good thing, because it allows you to find a teacher who really speaks to you, in a way that resonates the best.
Anyways, the idea is simply that in order to get the fruits you want ie. Millions or dollars, you need to focus on having healthy, effective roots.
Most people look at a rich guy and focus on what he has, his money, his fruits which are the end RESULTS.
The same is true when guys see a man who is really popular with the ladies, guys look at what he has ie. multiple attractive women vying for his attention, and they say “I want THAT.”
But, in order to get what you want, whether its women, money, or whatever else. You need to dig deeper.
So you look at the example of a tree. In order for a tree to produce health fruits it needs healthy roots that go into the ground and suck up all of the nutrients, and water that are needed to make strong branches, leaves and fruits. The roots are where everything starts. You need to look at what did this guy DO to get all that money?
Of course some people inherit wealth, (it’s less common than you may think though, in fact this study shows that only 8% of high net worth Americans inherited their money!) but that’s not what we are talking about, so just look at self made millionaires – what have they done differently that has resulted in all that money?
Then, as we peel back another layer of the onion, we consider the MINDSETS self-made millionaires have that lead them to take those success creating actions. These are the roots, this is where it all begins. Most people focus on results. They see the rich guy and say “oh he’s just lucky, his dad is probably rich…” and then they go watch TV, and eat a pizza, and do drugs, and go to sleep.
To become a millionaire you need to look beyond the surface level of results and look at the roots of success. I’ve linked to a good resource for this at the bottom of this post that explains about this a bit more so be sure to check that out.
And finally, another thing to remember is that fruit trees do not produce fruit the first couple of years after they sprout out of the ground. So don’t expect results right away.
Sure, it can happen fast, so you don’t need to wait to be an old man to be a millionaire, but you do need to be patient and let your roots grow into the ground. Give your roots a chance to take hold and start doing their thing before getting all anxious about the fruits.
If you focus on the roots, the fruits will come in their due time, its inevitable.
TIP #2 – You Need To Start Your Own Business
Realistically there are only a 3 main ways I can think of to make a million dollars inside of 5 years or so. Either you can get a ridiculously high paying job, you can get really, really good at trading stocks, currencies etc… Or you can start a business and start making sales.
There may be a few other ways to it, but they are so uncommon they are not worth mentioning.
Getting a high paying job is great, but most of us don’t have the skill set required to command that big a paycheck. After all, to make a million dollars in 5 years you’d need an annual salary of about 500K.
At that income level the government is taking about 45% depending on what state you live in, and then depending on your current lifestyle you’re also going to need probably 50K minimum just to cover your housing and other basic living expenses.
And even if you can get a job that pays $500K a year, you are still probably going to be better off running your own business, simply because its nice not to have a boss, and to have more control over how much money you make.
It’s way better to write your own check.
Last note on this – statistically most self made millionaires own their own businesses. The ones who work a J.O.B. (just over broke) are probably mostly old geezers, who’ve been saving up and missing out on the fun for the last 40 years or so.
TIP #3 – Money Loves Speed
I got this one from Dan Kennedy I believe, but again, it’s probably been around forever. Again, its a very simple concept – take action and make shit happen, that’s how you get rich.
A lot of people have “great ideas”. They sit around thinking about them, perfecting them, obsessing over them, and then before they know it it’s time to go punch in for their shift at McDonalds, or at the law firm, or at whatever stupid, soul-crushing job they go to 5 days a week.
So if you have an idea, as soon as you get it – take action on it. Get things in motion.
The universe has a way of rewarding people who take action and get things done, even if those things aren’t perfectly planned.
Here another gold nuggets that go along with this: “Great is the opposite of good”.
The point is – don’t worry about whatever you do being perfect.
Good enough is good enough.
A good idea but into action is a lot better than a great idea sitting in a notebook on your desk.
I could go on, but I’d be here all day as this is a topic I have been absolutely obsessed for the past few years.
If this is something that interests you, that’s really, really cool. It means you are special.
Believe in yourself and you WILL get there.
Just keep reading, and learning and investing in yourself.
Success leaves clues.
And take action.
Anyhow here’s a link to a new program from a badass success coach named Jason Capital called The Millionaire Switch For Men. I got it a few days ago, along with his Millionaire DNA Activation System. It’s gold. but for now definitely check it out for yourself: Click Here for the Millionaire Switch Website…