Biyernes, Setyembre 9, 2011

Millionaire MindSet

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One of the most common questions from media people after my first successful exit as an entrepreneur was: “After 10 years of online business, are you a millionaire now?”. The value of the transaction was confidential, so I decided to give them a somehow foggy answer: “Well, I was a millionaire while I had the business, I just didn’t have it transformed into cash…” Without exception, they were puzzled by this answer. That reinforced once again for me the very popular obsession for money as a number.
I wrote about money as an energy form before, so I won’t talk about it again, feel free to read that post if you haven’t read it yet. Basically, for me,  the most important thing about money is not its number or social value, but the raw energy it provides to you. Being a millionaire out of an online business is not so rare these days anyway, so the question was even funnier to me. But the “being a millionaire obsession” is still very common, and as I said, that question was one of the most frequent questions I had to answer, and not only from media people, if I think a little bit.
And then I sat down and tried to understand what is a millionaire. From a financial standpoint is clear: a guy with more than one million in bank. But from my own standpoint it wasn’t like this. Being a millionaire is not a question of money into bank. I was very honest when I responded that I was a millionaire before selling the business, and this is how I felt. I think being a millionaire is more of a mindset than a bank statement. Being in a millionaire mindset means you can access that amount of money if you want. You just can. It’s not compulsory, or needed. But it’s like an insurance. If you need that amount, you can have it. By selling the asset’s of your company, for instance.
And than I started to think about the elements of such a mindset. I thought about what I have done in the last 10 years, and how all of this rearranged in this mindset. I come up with around 30 sentences, which I will try to describe below. Keep in mind that these are my personal experiences only, and they may or may not apply to your own lifestyle, expectations or goals. Also, this is not even remotely a manual of how to become a millionaire. As I told you, I don’t know much about it and by reading this post you won’t learn how to put a million cash in your bank account. All I know is how I created a millionaire mindset, without having the physical money. Weather you should manifest or not the physical money is entirely up to you.
I will try to split the list into 10 sentences per post. Here we go, with the first 10:

1. Don’t buy stuff you don’t want just because you need to spend money, buy something you really really want

That’s a tremendous money saver. It deals with all your impulse shopping crisis, or social pressure for cool gadgets, or you name it. If you manage to really buy things just because you need them, and not because you need to spend money in order to have some thrills and chills out of it, you’re half way there. You’re piling energy.

2. Don’t be afraid to want things, regardless of their money value

That could be interpreted as contradicting with the first sentence but it isn’t. It’s about giving yourself freedom to want what you really want, without putting a tag or a limit on it. It might costs millions of dollars, but allow yourself to want that thing, even if you don’t have millions of dollars. Yet. You will attract that money. Eventually.

3. If you really really want to have something, just have it, don’t fantasize about having it

Again, you might think this is opposed to the last sentence, but it isn’t. It’s about really going after what you want, until you have it. Just go and have that car, or that computer, or that relationship if you really, really want it. Don’t settle for less. It might feel like you don’t have the resources for it at that exact moment, but that’s an indicator of the fact that you don’t want that thing enough. Yet.

4. Carry more cash in your wallet

Might sound dumb, I agree. But it just works. Make your wallet capable to accommodate your day to day operations. If you aim for millions of dollars but you are not able to pay your parking lot, you won’t have those millions, that’s for sure. Carry more cash but don’t spend more cash if you don’t need that (that would be sentence no. 1, in case you already forget it ;-) )

5. Understand what people want from you

The easiest and most enjoying way to make money is to get it in exchange for the value you provide. If you’re going to make money this way, it’s crucial to know what people want from you. It’s incredible how most of the people are making assumptions about what they are supposed to give. Just make sure that you know exactly what people want from you. And, if you can, deliver.

6. Understand what you can offer to people

Closely related to no. 5. If you get to know what people want from you, start finding what you can offer. Maybe they are asking you something impossible or two draining form you? Look inside yourself, assess your skills and values, and see where you can do best. And then try to connect with people that seem to be in need for what you seem to have to offer. And deliver.

7. Don’t argue, win or lose

Especially if you work in partnerships, this is one useful way to gain some time on your side. You will have different opinions at some point, that’s for sure. Trying too hard to win a fight with your associate (or your client, or your employee) will just kick you off the road. Accept the fact that you can either lose or win, and chose one. And then move on.

8. Don’t think about the money, think about what you can do with the money

This is difficult because there is a whole management pressure to think in terms of budgeting stuff. In terms of: x money for x things. Instead, try to use: I want to do this thing, and for that I will need that amount of money. It’s not about forgetting the budgeting, but about trashing away the numbers in money, and only think at their creative support for your purpose.

9. Keep a healthy lifestyle

Can’t stress enough on this one. Not wasting your body and mind energy is the greatest gift you can make to yourself, regardless of your millionaire status. And starting to have a congruent body vibration will soon attract similar vibrations around you. If you’re wasting your time in dully yet spectacular activities, which in turns puts your body to unneeded stress, then expect some delays in your goal to become a millionaire. Money likes healthy people.

10. Say only what you want to say

Don’t speak if you don’t have to, just because you can. That sentence can have a dramatically impact on your activities. Some people will want to take your mind with their mind, just to play you, or to abuse you. Although it might be useful from an experimental standpoint, if you really want to attract more money, just say only what you want to say, and don’t allow yourself to be fooled around. It’s much more complicated than it sounds, I know…