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Archive for the ‘Millionaire Mindset’

Henry Ford’s Wealthy Mindset

I have great admiration for Henry Ford and his accomplishments. There’s no arguing that he was a visionary leader, but what I admire most about Ford was his mindset. I can’t find the exact quote (please let me know what it is if you know it), but essentially Ford said that if he lost everything, all [...]

Money and The Law of Attraction

The law of attraction states that a person’s thoughts, emotions, beliefs and actions are said to attract corresponding positive and negative experiences. In other words, the things you focus on that you want, will find a way to be attracted to you. Likewise, when you focus on things you do not want, you are attracting [...]

7 Steps to Financial Abundance

Is there a formula for wealth creation? Do all self-made millionaires take the same steps to amass their fortunes? If we were to do an in-depth study of how self-made millionaires think and act, would we find some common clues that we can learn from? The answer is yes. These are seven essential steps, each one representing a wealth creating skill that [...]

Buffett, Baseball and Patience

What does Warren Buffett, baseball and patience have to do with one another? It is how the small-town billionaire made his fortune. Being a big baseball fan, Buffett compares his investment philosophy to the wisdom he picked up from his favorite past time sport and his hero, Ted Williams. He told CNBC, “What’s nice about investing [...]

Finding Your Million Dollar Idea

Do you ever sit around and try to think really, really hard about the next million dollar idea. And what happens? Usually nothing, right? On the other hand, there are probably a countless number of times that great ideas pop in your head out of nowhere, only to be forgotten latter. Sometimes great ideas seem [...]

Delayed Gratification

What keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than they invest. By spending on that new car, new wide-screen television [...]

Teenage Millionaires

Who says it takes a lifetime of savings and an impressive resume to make millions of dollars? Here are a couple teenage millionaires that prove the rest of us wrong: Ashley Qualls started whateverlife.com at age 14 and dropped out of school when her website started making $70,000 a month. How did she do it? By [...]

Your Time is Money

Besides taking steps to increase your value, you must also increase the time you spend creating value to boost your income. If you are self-employed, then you are usually paid by the hour or by the job. So obviously, when you work longer hours and more days, your in-come will increase! Now you may be saying to [...]

Bad Things Must Happen to You… For Good Things to Happen!

As many of us are feeling the repercussions of one of the worst recessions in recent history, I would like to share with you my philosophy on the EQUATION OF LIFE. If you studied Math, Chemistry, Economics, Accounts or any one of these mathematical topics before, you would understand that equations have to balance. For every [...]

30 Days to Millionaire Money Habits

In addition to the discipline and willpower needed to become a millionaire, what may really be needed in order to achieve your long-term wealth accumulation goals is to develop a Millionaire Mindset. Webster’s Dictionary defines a habit as, “An acquired mode of behavior that has become nearly or completely involuntary.” It takes more or less 30 [...]