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What’s your Millionaire Mindset ?
Achieving
Success
The 8 Myths About Creating Wealth
by Nikola
Grubisa
You have probably read or heard about various myths (these are the truths that
are valid only for certain cases, but not in general) surrounding wealth
and wealthy people, all of which hinder your quest for financial
independence. Here are the most common and most destructive:
Myth
No. 1: How much you earn depends on how hard you work
If this
were true, then the physical, blue-collar workers, who have been working
hard for years, would have been the wealthiest people on earth. Of course,
this isn't true. They form most of the workforce and the vast majority of
the middle-class.
If you
witnessed your parents coming home tired from a long day's work in your
youth, you probably learned that money wasn't a sufficient reward for all
that effort. People who work "just" for the money often have
debts because they comfort themselves with whatever they can buy, beautiful
things they lack when working.
Myth
No. 2: Being paid for something you enjoy isn't work and you shouldn't ask
for money for doing something that is enjoyable.
Check
this with millionaires. They all have so much money that they don't need to
work anymore. Nevertheless, they work for other reasons, challenge,
satisfaction, fullness of life, activity, fun ... and all are connected to
a love for their work. If there was no joy in doing a certain task, they
would do something else that would make them much happier and that enables
them to realize their dreams.
In fact,
if you don't enjoy your work, you will never become wealthy doing it!
However, just because you enjoy your work doesn't mean you shouldn't get
paid for it - in fact, that is the ultimate goal, to get paid for what you
already enjoy so it never feels like you are at work!
Myth
No. 3: You need to be in the right line of business to amass wealth
Do you
think so? This must mean that all the people who are involved in the same
business are millionaires. Of course, this isn't true. In each business
there are winners and losers; winners abound, even in businesses that
consist of distasteful (to most) or "impossible" work like
sweeping the streets, collecting the trash, working in a factory, pumping
gas, selling newspapers, etc. On the other hand, there are just as many
"losers" in businesses like selling real estate, management or
being a stockbroker.
Myth
No. 4: You need the right education to make a fortune
Are the
most educated people really the wealthiest? Not at all! In this case,
university professors would be the wealthiest people on earth. Ask them
about their salaries, if you get the opportunity. The truth is vastly
different - the wealthiest people are those who can convert their knowledge
(or education) into money, in the best possible way. They can be highly
educated people (like inventors, scientists, etc.) or almost ignorant.
Being
formally uneducated does not equate to poor performance on the job or the
inability to form a strong enough vision to carry a person to success -
they can easily be experts without having a formal education.
Myth
No. 5: It used to be easier
Statistics
show an increase in the number of millionaires in the world every year. Talking
about the "good old times" only offers comfort and a convenient
excuse. If you look around, you'll see there are people who behaved the
same way in the "good old times" as they do now, yet their
success has been recent. With technology and progress come new ideas,
desires and needs and there are more business opportunities appearing daily
to serve them.
Myth
No. 6: I'm too old (young)
If you
research the life stories of some of the most successful people, you'll see
that this isn't true at all. Some became wealthy early in their lives
(perhaps from the stock market), while others found their fortune in their
old age. Ray Kroc, was more than fifty years old when he bought and made
the first McDonald's.
Myth
No. 7: I don't have enough money to start. You have to spend money to make
money.
This is
no different from any other excuse or "myth." Like the others,
it's obvious this one isn't true either. Many have made their fortunes
starting from scratch, living in an apartment or working out of their garage
and yet, they developed business empires that are worth billions of dollars
today. The other elements of success are far more important than having
seed money to start a business.
But yes,
often money helps and it certainly doesn't hurt. Like everything else
discussed in other myths: it probably helps, but it is not always
necessary.
Myth
No. 8: I'll begin when I know everything
Do you
believe that you will know everything someday? Or even that you'll know
enough to ever be "really prepared now?" The more you learn, the
more you see what you still need to learn. Success and obtaining wealth is
a dynamic process. Even if you "could" come out of the gate
knowing everything there is to know, some of those elements will change
immediately and many will change rapidly. If you don't decide now, nothing
will happen. Live and learn.
Some
millionaires have even allowed themselves to go bankrupt and then (even
faster) recreated their wealth, sometimes even greater than before. Money
itself isn't the obstacle that is keeping you from being wealthy. If you're
really good in your business, don't worry, because someone that will offer
you money (a bank or business partner) will appear who will appreciate your
talent knowing you are a very good investment opportunity. But you can't
sit around waiting for this - make it happen.
Exercise
"taking action" as much as you can. Make your workplace better or
more efficient. After all, even if someone else signs your paycheck, you
really work for you. Even if you are an employee in a large corporation -
it isn't your corporation - but it is the only corporation through which
you can prove what you are capable of right now.
All of us
have what it takes to become a millionaire! Born winners, yet few of us
know how to take advantage of and cultivate the possibilities hidden inside
our own mind!
No one
can ever grant you greater potential than your heart already holds…you need
only discover its contents to find the one true path to your success in
life. Born with the seeds to our success, the greatest decisions must
always come from the inside! You will discover a new, deep well of fortune
– yourself!
__________________________________________________
Nikola
Grubisa is a European Marketing and HRM Consultant and the co-author of a
European bestseller "The Millionaire Mindset: How to Tap Real Wealth
from Within".
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