Many people aspire to become a millionaire, but not so many people are pushing themselves hard enough to reach that particular goal. In a world where being a billionaire is now the new target for the rich, becoming a millionaire is a real possibility for many an average Joe, and it mostly comes down to good management, sensible thinking and occasional calculated risks. I’m not here to talk about those Billionaires vs Millionaires stuff but show you, how you too can become a Millionaire soon.
1. Set yourself concrete goals.
Good preparation is an absolute necessity when it comes to endeavours as big as becoming a millionaire. And it all starts with giving yourself concrete, measurable goals that you can keep your eyes on.
Perhaps you want to reach millionaire status by a certain age, like 25.
Or perhaps your first goal is just to be out of debt within two years.
Break bigger goals into more doable smaller goals. For example, if one of your goals is to have a growing business in a year, start with the goal of fleshing out a business model within the first month.
2. Get educated.
Although there are a number of examples of millionaires and billionaires who never completed college, statistics show a link between education and wealth. The higher your level of education, the more opportunities are unlocked for you, and the higher the chance that you will become a millionaire.
3. Take care of your health.
Making money and making good decisions that create more money in your life require that you are in good shape. Keep fit, eat well, and take good care of your body. It is your health that will give you the energy and resources needed to keep going on the commitment to becoming a millionaire.
4. Be tenacious.
Success requires an ability to keep getting up after failures. There will be plenty of failures as you try to find the best ways to make a million or more. This isn’t about the safety net of an average salary and the boss’s orders being met each day. To become a millionaire, you have to be prepared to make decisions that won’t always succeed but if the risks aren’t taken, then the potential for success won’t be realised either.
5. Build your self-confidence.
If it’s low, now is the time to build it up. High self-esteem and good self-confidence are essential traits to help you on your way. However, don’t let this delay you. You can fake it until you make it and the more you practice being confident, the sooner it becomes a part of who you are.
6. Read the advice of those who’ve made it already.
Benefiting from the wisdom of the successful can never hurt, but be careful not to get caught up in the planning and preparing stage. The most important step is taking action. However, do spend some time reading other millionaires’ advice.
7. Find a mentor who has walked the walk and seek advice.
Surround yourself with already-made millionaires. They can be found in several places, there’s even a private online club where you can have a millionaire mentor personally show you how to make money in many areas online.