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Tuesday, 19 March 2013

Seven Indispensable Tips For Making A Million Success they is never an accident; neither is failure. It involves continuous and consistent action towards the realization of the goal. Failure on the other hand, is predictable and largely involves inaction and procrastination. To become a millionaire, one has to decide – this can be an instant decision. However, to attain a net worth of a million dollars, it may take from three months (I have cases studies to support this) to several years. Here are seven specific tips that can help you make a million. 1. Do something You can’t make a million by just sitting around. It involves focused and continuous effort on your part. The more action you take the faster you attract success. If you lack the time, think of cutting down TV time, meetingsat club and start taking action to improve your life. However small the action is, take thestep and you will start gaining momentum. “You must be willing to work as hard as you can to achieve success. There are very few financially successful entrepreneurs who have successful family and work lives. If success is a happy family, coaching your kids’games, going to their concerts, don’t becomean entrepreneur.” Says billionaire Darwin Deason as reported by Forbes magazine. 2. Be rationally selfish You need to realize that you don’t owe anybody anything. Start by be being selfish with your time- the most precious commodity. Say no to meetings that do not push you forwards towards your goals. Insist, where possible, that meetings being held in your office-it saves you travel time. Be selfish with your money. Do not fall into the advertising traps that encourage impulse purchases. Give to charity only when it alleviates the problem rather than developinga dependency syndrome on the recipients. This is may sound arrogant to many people. However, remember you are not living to please people. Take note also that if you truly decide to be a millionaire you are unlikely to lead a normal life. 3. Stop believing in something for nothing You only provide value and then get paid for it. Anything that promotes making of money from thin air is a scam. Ditch it and work towards building lasting wealth. “You must get rid of the thought of competition. You are to create, not compete for what is already created. You do not have to take away from any one. You do not have to cheat, or take advantage.” Says Wallace D. Wattles, in his classic 1910 book The Science of Getting Rich. 4. Maintain integrity Integrity should never be circumstantial. You shouldn’t do things when someone watchingonly or when it feels convenient. “Don’t measure your neighbor’s honesty by your own.” Says an American Proverb. In your quest to become a millionaire you arelikely to face numerous tests on integrity. Perhaps it is important to note that every testwill make you stronger and increase your resolve to be honest in your transactions both private and public. If you justify cheating on $100, it is very likely you will do the same for a million. 5. You only need average intelligent to be a millionaire Contrarily to what most people believe, you don’t have be a genius to be wealthy. In fact, most billionaires and millionaires never went to or finished college. The difference between winners and losers is that they stay a little longer and are a little more patient. Facebook was not the only social media platform when it started. Yet it ended up becoming the leader. I understand Mark Zuckerberg, the founder works for 16 hours day. 6. Be selective on who you listen to Utterances of your friends, your family, society, the media and the government will not necessarily be the best. First, they may know much about money. Second, many of them want you broke- people detest success. Learn to listen to yourself; tap into your intuition. Perhaps that’s why one of the greatest scientists who has ever lived, Albert Einstein 1879-1955) said: “The intuitive mindis a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.” 7. You must be prepared to pay the price to become wealthy Wealth never comes for free; there is always a price to pay. For most people the price is hard work, guts, determination and effort. Sofew people have these attributes and that’s why less than 5% of people above sixty five are wealthy. Very few people are ready or willing to pay the price. For those who pay it, the rewards are enviable. Are you ready to pay it in order to attain unlimited wealth, guiltless affluence, freedom from stress, and the feeling of leading a meaningful worthwhile life?

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