No one would answer you with “No!” if you asked the age old question:”
Would you like to become a millionaire?” Even if it seems impossible –for the
majority of people, believe it or not, becoming a millionaire is an objective
that can be achieved within years.
Just think about it, most millionaires aren’t born rich neither came
from rich families, they are “self-made”; Jeff Bezos, Bill Gates or Ingvar
Kamprad weren’t born with a silver spoon in the mouth, instead of that, what
they did have is patience, perseverance and smart decisions.
In spite of the furious desire -perhaps- igniting you to
blow millions, the procedure for you or (anyone else) to become a
millionaire has been remarkably consistent over the last two centuries,
here are some simple steps to think about, and, may the luck be with you:
Wake up earlier than
usual!
It might be seen as an obvious, or even a stupid advice, but the
wealthiest, most successful people world widely tend to start their day at
dawn, or even before that.
Think about it; you expend you day time by adding precious hours in the
morning, with the fresh air and the clear mind, things start to look different.
Don’t waste that time on Social Media; analyze your life decisions and consider
ideas and ways that could improve it.
It is also a valid strategy that can
help you foresee a lot of troubles, such as a lecture or a meeting that goes
for hours, with this strategy you still have enough time to achieve everything
you set out to do, Getting up at two hours earlier in the morning allows you to
regain control of your life. It gives you a sense of control, autonomy and
confidence that you direct your life.
But keep in mind to get enough sleep, don’t overdo it, a sleepy, tired body
doesn’t help at all, take it from the expert himself; Bill Gates, he had mentioned several times he takes 7 hours of sleep
to think well and that he used to go to bed at around midnight. So by that
math, he must have slept at 12 AM and woken up at 7 AM.
Invest In yourself
Most self-made millionaires are arduous bookworms, they are lifelong
learners, and most importantly they don’t care how long it’ll take.
Accumulating massive knowledge - of all kinds - allows you to see the world
differently, to predict new opportunities and dig up the old forgotten ones.
Read at least 20 minutes per day, if you don’t have enough time, at
least listen to important podcasts while driving or heading to your job.
If you think that you only need to be a master in your field; then you
are completely wrong, you have to be a well-rounded genius able of discussing
any subject whether it is political, social, financial, historical or even sports
related.
Have a Millionaire mindset
This is a crucial element; it makes the difference between real people
seeking the statue of millionaire and simple rich wannabe, you have to develop
a millionaire mindset and self-development culture, which means making many
adjustments (sometimes radical changes) on your habits, discipline, actions, memorization process, language, patience, and purpose.
That would create the fertile soil for a coming millionaire and help you
understand yourself better, greatly enhancing the way you interact with other
people and the outside world.
Have a clear financial plan
Let’s talk about the real deal; one of the major reasons why someone can
never become a millionaire is that he has not written a clear financial plan.
By doing that, it forces you to consider your income, to consider how
you can improve it and to take action, instead of just planning in the air, a
clear financial plan will certainly guide you in making the right decisions for
achieving all of your goals.
The key difference between those
on the right path and those on the wrong one is the amount of time, dedication
and effort they put into crafting a realistic plan for their finances.
Boost your income! There is nothing to be ashamed of
Considering the case of Ingvar Kamprad, the founder of the Swedish
gigantic IKEA, Kamprad began to develop a business as a young boy and started
selling matches at the age of five, when he was seven he began travelling
further afield -on his bicycle, to sell to other neighborhoods.
He realized he could buy matches in bulk very cheaply from Stockholm,
sell them individually and make a good profit, from matches, he expanded to
selling fish, Christmas tree decorations, seeds, and later ballpoint pens and
pencils.
When he was 17, Kamprad founded IKEA, selling
replicas of his Uncle Ernst's kitchen table, later he diversified his portfolio
adding a large range of furniture.
Think of all possible ways to make money off, exploit your mental
capabilities, your knowledge, your social relations and your even body force.
With the Internet expansion ,you can find easy jobs with considerable income.
Generate and automate your savings.
If you consider becoming a millionaire, then you absolutely have to get
familiar with the habit of savings, it is hard to start this habit -especially
at the beginning, however, an easy way to make this work is by automating your
savings.
This will automatically take a percentage of your salary and place it
into your savings without your even feel it. It’s suggested that you put around
10 percent toward investments and 5 percent toward savings.
Leave your comfort zone
If you want to earn more money or get ahead in life, you need to understand
that surpassing your comfort zone is the key for that.
This includes many things, like having a side-job, investing in new
businesses, or even negotiating your salary for a rise! It is one of the
simplest ways to boost up your monthly earning, since those who ask for more typically
get the rise, yet most people don’t even dare to think about it.
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