Three Simple (But Not) Easy Steps to Becoming a Millionaire

Three Simple (But Not) Easy Steps to Becoming a Millionaire

by Brandon Turner

True or false: running a marathon is simple?

False.

It’s not easy — but it’s definitely simple.

There is a monumental difference between simple and easy. Simple means there are relatively few (or no) complicated steps needed to accomplish a task, whereas easy implies the task doesn’t require much effort.

Running a marathon is simple: Just keep putting one foot in front of the other. Staying up for 60 hours straight is also simple: Keep your eyes open.

Holding your breathe for five minutes underwater is likewise simple: Just sit at the bottom of the pool and don’t breathe. These are all simple tasks, but not easy ones.

Another task that is simple but not easy is becoming a millionaire.

That’s right; becoming rich is not complicated, despite what people tend to think. Because wealth-building is not an accident, but an action.

I recently published the most in-depth article I’ve ever written, titled “How to Become a Millionaire”, and in it, I argued that becoming a millionaire is not easy but it is simple. In fact, it takes just three steps.

1. You must believe wealth is actually possible for you. 
The primary reason people do not become wealthy today is plain and simple: they do not believe it is possible.

Perhaps they have not uttered those words out loud, but deep in their soul they believe that becoming rich is not in their cards.

In the personal development space, this is known as a “limiting belief.” In other words, it’s an opinion you have of yourself that your mind and body will not allow you to get past.

• If you believe you are a bad chess player, you will lose nearly every time.
• If you believe you are bad at running, you’ll never run a marathon.
• If you believe you can not (or should not) be a millionaire, you’ll never experience financial wealth.

Therefore, the first (and perhaps most important) step in becoming a millionaire is to believe that wealth is possible for you.

Becoming a millionaire has nothing to do with your background, your family, your age, your skin color, your intelligence, your location, or any other excuse you might have for not building wealth. Becoming a millionaire is not something that happens to you — it’s something you make happen.

If you know how it’s done. Which brings us to step number two, because belief alone is not enough.

2. You must learn how wealth is built.
Building wealth is not a mystery. It’s not something you stumble into. It’s not something you find.

Instead, wealth building is a process that can be studied, learned, and mastered.

This is why you’ll often hear highly successful people say, “The first million is the hardest.” Like riding a bike, once you learn it, you can repeat it over and over for the rest of your life.

Of course, there are a LOT of ways to build wealth and they generally fall into one of three buckets: personal finance, business, and real estate. There are millions of examples in each of those three buckets where people have risen from nothing to become millionaires. Personally, I used all three to acheive a million dollars in net worth, but you might only choose one or two. The point is — pick a bucket that works for you and learn how it is done.

There are a lot of ways to learn how to build wealth from one of these fields, including:

• books
• podcasts
• seminars
• blog posts
• mentors
• webinars
• courses
• audio programs
• and more

Each of these methods differ in the presentation, but they all have two things in common:

1. They help you get inside the mind of someone who has already acheived what you are trying to achieve
2. They all have the need for YOU to take the action. No one is going to do the learning for you.

Once you have step number one mastered (you believe that wealth is possible for you) and you’ve done your homework on step number two (learning how wealth is built), it’s time to move onto the third and final step in becoming a millionaire.

3. You must take daily action 
Let’s pretend for a moment you are baking a pie.

You might have the belief that you can bake that pie.

You might have the recipe for baking that pie.

But let’s be honest: The pie is not going to bake itself. You need to get in the kitchen and start cooking.

The same is true for becoming a millionaire. You can believe you can build wealth and learn the steps to do so — but still fail if you don’t take action.

Action will always be the final key to success. Without it, you have nothing. No one is going to give you a million dollars, no matter how smart, talented, or lucky you are. You have to get out there and work for it.

Specifically, this means taking daily action.

A lot of people believe that the secret to success is found in “big events” — the lottery, a big business sale, the purchase of an apartment complex — but in reality, it’s found in daily tasks that are combined together to create that big event.

For example, I didn’t become a millionaire overnight. I spent a decade building up my rental portfolio, climbing in attics, crawling under houses, doing math, reading books, taking experienced investors out to lunch, and in every other way mastering the vehicles I chose to take me from poverty to wealth.

Little by little, every day, action becomes progress, and progress turns to results.

—————

Becoming a millionaire is not rocket science, but it’s not going to happen to just everyone. You have to believe in your heart that it’s possible, get the recipe for success, and work until you’ve achieved it.

If you found this post helpful, I’d only ask one thing: please share it on your favorite social media channel. Let your family and friends know that wealth is not an accident, it’s an action.

Source: http://www.huffingtonpost.com/brandon-turner/three-simple-but-not-easy_b_10150844.html

Emmanuel Ayeni
Lifecoach, Engineer and Entrepreneur 
www.emmanuelayeni.com

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Seven Secrets of Self-Made Multimillionaires

It's a great day. Today I share an interesting  piece from entrepreneurs.com

Seven Secrets of Self-Made Multimillionaires  by Grant Cardon.

First, understand that you no longer want to be just a millionaire. You want to become a multimillionaire.

While you may think a million dollars will give you financial security, it will not. Given the volatility in economies, governments and financial markets around the world, it's no longer safe to assume a million dollars will provide you and your family with true security. In fact, a Fidelity Investments' study of millionaires last year found that 42 percent of them don't feel wealthy and they would need $7.5 million of investable assets to start feeling rich.

This isn't a how-to on the accumulation of wealth from a lifetime of saving and pinching pennies. This is about generating multimillion-dollar wealth and enjoying it during the creation process. To get started, consider these seven secrets of multimillionaires.

No. 1: Decide to Be a Multimillionaire -- You first have to decide you want to be a self-made millionaire. I went from nothing—no money, just ideas and a lot of hard work—to create a net worth that probably cannot be destroyed in my lifetime. The first step was making a decision and setting a target. Every day for years, I wrote down this statement: "I am worth over $100,000,000!"

No. 2: Get Rid of Poverty Thinking -- There's no shortage of money on planet Earth, only a shortage of people who think correctly about it. To become a millionaire from scratch, you must end the poverty thinking. I know because I had to. I was raised by a single mother who did everything possible to put three boys through school and make ends meets. Many of the lessons she taught me encouraged a sense of scarcity and fear: "Eat all your food; there are people starving," "Don't waste anything," "Money doesn't grow on trees." Real wealth and abundance aren't created from such thinking. 

No. 3: Treat it Like a Duty -- Self-made multimillionaires are motivated not just by money, but by a need for the marketplace to validate their contributions. While I have always wanted wealth, I was driven more by my need to contribute consistent with my potential. Multimillionaires don't lower their targets when things get tough. Rather, they raise expectations for themselves because they see the difference they can make with their families, company, community and charities. 

No. 4: Surround Yourself with Multimillionaires -- I have been studying wealthy people since I was 10 years old. I read their stories and see what they went through. These are my mentors and teachers who inspire me. You can't learn how to make moneyfrom someone who doesn't have much. Who says, "Money won't make you happy"? People without money. Who says, "All rich people are greedy"? People who aren't rich. Wealthy people don't talk like that. You need to know what people are doing to create wealth and follow their example: What do they read? How do they invest? What drives them? How do they stay motivated and excited? 

No. 5: Work Like a Millionaire -- Rich people treat time differently. They buy it, while poor people sell it. The wealthy know time is more valuable than money itself, so they hire people for things they're not good at or aren't a productive use of their time, such as household chores. But don't kid yourself that those who hit it big don't work hard. Financially successful people are consumed by their hunt for success and work to the point that they feel they are winning and not just working. 

No. 6: Shift Focus from Spending to Investing -- The rich don't spend money; they invest. They know the U.S. tax laws favor investing over spending. You buy a house and can't write it off. The rich, in contrast, buy an apartment building that produces cash flow, appreciates and offers write-offs year after year. You buy cars for comfort and style. The rich buy cars for their company that are deductible because they are used to produce revenue.

No. 7: Create Multiple Flows of Income -- The really rich never depend on one flow of income but instead create a number of revenue streams. My first business had been generating a seven-figure income for years when I started investing cash in multifamily real estate. Once my real estate and my consulting business were churning, I went into a third business developing software to help retailers improve the customer experience.

Lastly, you may be surprised to learn that wealthy people wish you were wealthy, too. It's a mystery to them why others don't get rich. They know they aren't special and that wealth is available to anyone who wants to focus and persist. Rich people want others to be rich for two reasons: first, so you can buy their products and services, and second, because they want to hang out with other rich people. Get rich -- it's American.

Source:

HOW TO MAKE MONEY FLOW TO YOU

It's a great day! I believe it is replete with great opportunities. One of these great opportunities is the opportunity to make money.It feels good making money. I feel good every time, my joy is not based on circumstances or material acquisition, however, I also feel good when I make money.I don't currently know anyone who feels bad making money, if there is you can share with us in the comment section :) - i love reading your feedback in the comment section below.
Today I think I owe a couple of people the need to show you how to make more money. I wish I could give you the keys to the vast wealth of the universe and I am sure that will gladden your heart, but as God will help me I will share vital tips that will do just that.

1. GOD is the Source: I have always learnt and come to terms with this every now and then. You see, this is deeper than i can fathom, but we will simply wrap our minds around it from an angle, Your paycheck isn't your source, your shop or office or no man around you is your source, they are all vital in the flow and scheme of things,however God is your source.
The Universe is filled with vast wealth and abundance, yes! No matter the contrasting things you hear in the news or you see every day or around you. There is so much wealth in the world currencies in trillions of Naira, Dollars, Pounds, Euros, Yen ...name it! Vast amount of gold,diamonds, mineral deposits, crude oil, and all forms of natural resources, they were all created by GOD, and the ones not created by God were created by man through God-inspired ideas! You will love Lessons in Abundance
THink of the Ocean, all water bodies flow from here and there and still end up in the ocean, the ocean is vast and still feeds other lives the cycle goes on and on. God is your source.So there is abundance all around you, all you need to do now is to access it and the good news is He is interested in giving you not bits of it but as much as THE KINGDOM!

2. Opportunities Abound: We are current surrounded by great opportunities more than there has ever been in the history of the world. Opportunities are always around you, on the street, in a conversation everywhere..The easier you relate with that the better.Every opportunity to solve people's problems is an opportunity to make money, because according to great motivational speaker Zig Ziglar

"
You can have everything in life you want, if you will just help enough other people get what they want. "

Imagine the growing population of the over 7.5 billions of people in the world we are not likely to run out of opportunities in our entire lifetime and the same is true for generations unborn.

3. Permit Yourself to Be Wealthy: Most people will never permit themselves to be wealthy. They continuously love and reinforce poor, self limiting beliefs and mentality.This is where the first work starts in making money flow to you and becoming really wealthy which transcends just making money today. You need to work on your desires and your belief system. HOW 'BADLY' DO YOU WANT IT, If you really want more money you must have a really strong desire and be read to take positive necessary steps to make it happen in the most legal ways.Your belief system will enhance the achievement of this goal since you now operate from a vantage point with a wealthy and healthy outlook on life.

4. Raise Your Financial Intelligence: There is a law of Money Mastery I believe in and will always share 'More Money constantly flow towards those who have mastered the creation, management and the use of money' This can also be referred to as the law of Money Stewardship, it has its basis in the parable of the talents. The Steward who was given 5 talents and made profit was given more by his master. When you have increased your wisdom in the areas of Wealth you can but have more money flowing towards you faster than you even need. You might need to read here some basics i shared on Financial intelligence like Money101 ,The 7 Ways of Making Money and Wealth Creation: 5 Ways the Rich and Wealthy Create Wealth

5. THE POWER OF AFFIRMATIONS: The Yoruba Proverb 'A pe mora eni, l'a npe TEMIDIRE' It literally means to be really blessed and experience success, 'Customize it' 'Personalize It',It must be your personal Confession. To make money flow towards you now, more than ever before, you will need to use the power of positive affirmations. Affirmations are positive confessions, i wrote a article The Power of Positive Affirmations to explain this. I share below some of my favourite wonderful affirmations that I have learnt and continue to share with people; MONEY FLOWS TO ME EASILY! I LIVE AND WALK IN ABUNDANCE; I AM GRATEFUL TO GOD FOR ABUNDANCE; I AM SUCCESSFUL; I AM BLESSED; I AM DAILY FURNISHED WITH ALL THE RESOURCES I NEED TO SHOW FORTH GOD'S GLORY. I MAKE MORE MONEY THAN I SPEND! I ALWAYS HAVE MONEY! THERE IS ABUNDANCE! I AM GRATEFUL TO GOD FOR HEALTH AND WEALTH!

I believe this will serve the purpose of making you wealthier than you currently are. I want you to be wealthy.I surely believe it is our birth right, we deserve it.Having great Wealth will help you touch more lives positively in your entire lifetime,Acknowledge God as The Source by first being grateful for what you have and what is possible, Open your eyes to opportunites and possibilites around you, Change your belief system,Raise your Financial Quotient,Be Positive and Confess Money Coming to You Easily... And More Money will come to you easily FASTER than you can Imagine!! Yes


Money Comes to Us Easily Today and Always!

Emmanuel Ayeni
Your billionaire Friend,

Join myself and our team at Avenues to Wealth as we work closely with 20 people who are ready to increase their financial intelligence, make extra monthly income of about $1000 or more, secure your space at the link. http://bit.ly/VqbOgh




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5 KEYS OF MONEY: LESSONS IN FINANCIAL MASTERY

5 KEYS OF MONEY:

1.Make Money: Earn as much money as you possibly can. It should be your goal to make as much money as possible. Sharpen your skills; Enhance yourself. We live in a world of unlimited abundance and abounding opportunities. As a matter of fact, if you look well, you will see money everywhere even on the streets. I mean it!

2. Save; Save and save: Hold on to it as much as you can; it's not how much you earn but how much you keep that makes you financially free. You must learn to save. Save as much as possible till it becomes an habit. Your goal is not to be financially secured but to be financially free; Financial freedom is far from anyone who can not save at least 10% of his income throughout his lifetime. Take baby steps ad then giant strides. Get started now.

3. Manage Money : Reduce your expenses as much as possible. A large percentage of millionaires practice frugality than most middle class folks. if you are in doubt read the Millionaire Next Door, while it is a conservative book on achieving the Millionaire status, it is still resourceful.

4. Multiply your money by channelling your savings to worthwhile and well investigated investments.
According to George Clason in Richest Man in Babylon; Wealth is like a tree that usually grows from a tiny seed. Savings help you accumulate. Investment helps you multiply what you already accumulated. Explore the magic of compound interest; explore different investment vehicle. Your goal is to have your investments earn much more than you earn actively.

5. Leverage: Leverage is doing much more than little. Leverage is like riding the wings of eagles; sitting on the shoulders of giants. Leverage is synergy. Learn the power of partnerships of teams; Synergize! There are different forms of Leverage OPM; Other Peopl's Money; OPE; Other People's Efforts and OPK; Other People's Knowledge. Never be afraid to ask for help you can achieve much more by teaming up pools of resources with other people.
Join my team of DREAM ACHIEVERS working closely towards the goal of early retirement and achieving financial freedom http://bit.ly/wmove

(FINANCIAL MASTERY with Emmanuel Ayeni #FMWEA is part of the Financial Intelligence and Leadership Seminars sponsored by EMMANDUS Networks Nig. Ltd
For trainings for religious organizations, schools and other corporate organizations contact 07033875827 or emmandus@yahoo.com