How to Become a Millionaire - Money Rule #1

This is a really key message

Are you living your life by design like successful achievers or by chance? Successful achievers are able to live the lives they want by design because they possess certain qualities that normal achievers do not. They are able to get things done, achieve phenomenal success and best of all, find ample time to enjoy their life by design.

But you'll probably be asking exactly what are these qualities that successful achievers have?

Take a few minutes to ponder and understand the qualities that most successful achievers possess below so that you can emulate them.

1) Know their Strengths And Weaknesses

They are aware of their strengths and weaknesses. They basically know what they are really good at and can even reach legendary levels in it if they pursue it. They also know what they are not really good at or weak in, or what they can't do to save their lives. They know that this is a truth, an understanding, not an intention, goal or a desire. They know the difference between what is truly their core strengths and what is actually only a passing hobby or interest.

A true strength is something in which you know with every fibre of your being that you can get better and better at it, seemingly without any possible limits to your growth, evolution and improvement, until perhaps death stops you.The successful achievers also know how to skilfully 'pull strings' whenever a situation requires an ability that they are not particularly good at, to seek out those who can do the job to do it for them either for money or for an equal exchange of favours.

2) Clearly Identify Truly Congruent Desires, Visions And Goals

They follow what they are deeply passionate about and they know what they truly, deeply and absolutely want to achieve. They have intricate visions and set realistic goals about what they to achieve. They stick by strong sets of positive values, principles, philosophies and ethics and they use them in their quest to make their desires, visions and goals a reality.

3) Create Discipline From Within

They create their own self-discipline from within, inspired or generated by a clear understanding of their deepest, most coherent desires and have the congruence to translate their inner desires to reality through the execution of proper methods and pathways. They adhere to a system that works; but allow room for flexibility and growth within that system. To them, knowing what not to do is just as important as knowing what to do. They ignore and do not give time or energy to opportunities (even so-called "once in a lifetime" opportunities) that are not aligned with their innermost values and desires.

4) Fail In Order To Succeed

They acknowledge that to succeed as soon as possible, they need to fail as quickly as possible and as many times as possible while learning along the way from their failures. Of course, this does not mean that you should deliberately seek to fail in your path to be wealthy. The trick is to minimise your risk as much as possible with whatever knowledge and information you have right now.

When you 'fail', fail with as little time and money 'wasted' as possible. When you do, you'll learn what you need to know to increase your personal effectiveness and realise that your 'failures' had not been 'failures' at all but lessons learned and that your money and time had not been 'wasted' but they had been investments to learn how to succeed more effectively. This is the power of perspective.

5) Start With Small Building Blocks, Then Expand Till They Get To The Big Structure

Whenever they manage to attain some measure of success initially, no matter how trivial, small or insignificant they may seem, they always think about how they can expand that success. They do this by expanding in some way the specific tactic that they had executed in attaining the results yielded.

So now that you have understood the 5 top qualities of successful achievers, are you ready to become one?

5 Ways Self-Made Millionaires Become Wealthy

Another gem from Brian Tracy

How Rich People Get Rich

Well worth a watch

7 Pillars of Financial Freedom

1. Achieve financial freedom with clear, specific financial goals and a plan of action.

If you don't know where you're going, you will never get there. Just as you need a map to get to any other destination, you must create your own map to achieve your financial goals. How much money do you want to earn? What is your plan of action to earn this amount? What resources do you need or each your goals? What help do you need from others to achieve your goals. Write up a detailed plan of action so every day you can take action steps that will see you getting closer and closer to your target. If your money goal is a long way from where you are today, then aim for a 20% gain per year as a great starting point.

2. Always strive to do your best, be the best and work hard. Opportunities will come your way when you stand out from the crowd. Aim to go above and beyond. Aim to give great value. Don't settle for mediocrity in how your serve your customers. It doesn't matter if you think there are others who know more then you - simply be sure you are the best YOU can be.

3. Work in or create a business in which you are serving people or giving. Give people what they want, need or can use! Look for what people are complaining about or frustrates them and figure out a way to fill that need. Years ago, a man called J.A. Burchill was aware that people were constantly complaining about single pieces of paper falling off desks and scattering all over the ground - thus the simple 'notepad' was born and has made him millions of dollars.

Listen to your customers, give them what they want and you will have financial freedom!

4. Become responsible for your personal life. Losers make excuses, winners make progress. Losers blame others; winners accept responsibility. It's that simple.

5. You must work! There is this myth in the internet marketing world that you can make millions of dollars working just 1-2 hours a day. Ask any millionaire and he will tell you he works 10-14 hours per day. This is partly because that's what it takes to manage and control the empire he has created, and partly because it's his nature to be a driven, motivated individual.

Many people say they want to achieve 'financial freedom', yet are unwilling to actually do the work it takes to get there. You may often see people who appear to have 'overnight success' Work an 8 hour day and you get survival. Anything over 8 hours and you invest into your financial future.

6. Learn to manage your time well. Wealthy people can achieve more in one day than what you could achieve in a whole week. They understand how to make quick decisions, systems, how to prioritize, how to delegate and outsource. No matter what level you are at in business, as you get better at managing your time, you will see a corresponding increase in how much money you make.

7. Determination, persistence and be willing to take calculated risks. It's easy to get disappointed when things don't work out as well as you expected. Rather than give up, look at it this way. Now you know at least one way to get what you want that doesn't work. And that actually makes you one step closer to finding a way that does work. When Thomas Edison was trying to create a light globe, he actually failed hundreds of times before he achieved what he set out to do. Imagine how dark your world might still be if he had given up before? People need you and what you have to offer.

"If you want to succeed, then double your failure rate."

These are just a few ideas to get you headed in the direction of creating your own financial freedom.

It takes blood, sweat and tears - but it will pay off in the end. Big time.

Article Source: http://EzineArticles.com/?expert=Fay_McLean

Article Source: http://EzineArticles.com/7234395

The Fourth Law of Money: You Need Help From Other People

It's a myth: Wealthy people don't become successful alone. They get help from other people. The secret is, if you attempt to do everything yourself you'll fail. If you use other people, you'll succeed.

Let's say you want to develop an investment property. The idea is to lease it out for the rental income. The D.I.Y'er will attempt to do everything.

They'd probably learn how to design the property by taking a course in architecture. They'd learn how to zone land and construct buildings. They'd educate themselves on financing, tax, property management and tenant administration. They'll try and absorb all the million and one other details required to get the property built and leased.

How would a wealth creator tackle the job?

The goal is to get the job done correctly and on time. So this person is likely to assemble a team of individuals who know what they are doing. You'd find a qualified architect to draw up the plans, a builder, developer, financier, property manager and other experts as and when needed.

Successful people come up with the idea. They are the visionaries. As an initiator of a wealth creation business, you are directly responsible for doing the research, finding a profitable market and making sure there is a big enough opportunity to turn the idea into a viable business.

When it comes to bringing the idea to life, your task is to recruit others to help you achieve your personal dream.

One of the most common reasons why businesses fail is that entrepreneurs try and do everything themselves. They hoard control and retain power. Delegation doesn't happen.

This is not to say that you must steer clear of self-employment as a business model. There are some highly successful sole-proprietors out there. However, you often find that a one-man/woman business plateaus very quickly.

Growth is limited. A business that solicits the help of other people and builds strong teams will usually have an edge over their competitors. As Robert Shemin said, 'The rich idiot makes the spark; other people make the blaze'.

• This brings us to how to use other people to accelerate your success. There are three ways:

1. Use other peoples' time

These individuals give their own time to assist you in your business. They do the things that they do best, leaving you with more time to do the things that you do best.

When it comes to my property business, I have property experts in my team that manages all my tenant-related issues. They pay the bills, deal with maintenance issues and handle all my tenants' gripes.

As a result, I have more time to focus on growing my portfolio, i.e. buying property. Learn to use other peoples' time. It's powerful stuff!

2. Use other peoples' money

Pop quiz: What's the quickest way to make $1 million? Borrow it! Asking for money is not the easiest thing to do, but it's the quickest way to buy assets and build wealth.

There are two important criteria though:

• You have to finance great deals so that you can make a profit. Your business return must be significantly higher than the interest rate you pay on the loan.
• Don't lose other peoples' money. It's a lot costlier than losing your own. If you do, you may never be able to borrow money from a bank again. Be careful.

When it comes to real estate, banks are willing to grant mortgages. But it has been tough of late (due to the 2008 credit crisis) to convince financial institutions to loan their money.

This is why you have to be professional when asking for money. Always speak to the man or woman in charge. Show them your business proposal and indicate how they will benefit financially from your venture. It's a strategy I've used to great success.

In addition, keep your options open. There are other people aside from banks that will finance your business, as long as there is benefit for them. For example, venture capitalists, successful business owners, investors, other professionals and even your friends and family may offer finance. All you have to do is look for them.

3. Use other peoples' experience

A personal mentor for me is by far one of the most important members to have on your team. A mentor is someone who is accomplished in your field of interest.

They can share their personal experiences with you and in so doing increase your chances of success. More importantly, they are there for inspiration. Entrepreneurship is daunting and can at times be de-motivating. You need somebody to help lift your spirits when the time calls for it.

So don't be shy. Find a mentor in your field. Speak to them. Ask them for help. Show them that you are committed to making a change. Successful people are willing to help others along their journey to financial freedom.

Getting help from other people is about building relationships. It's not about exploiting people. By building a team of competent people around you, you can benefit from a wealth of experience, money and time.

Article Source: http://EzineArticles.com/?expert=Roberto_Lanzillotti

Article Source: http://EzineArticles.com/7208497

Secrets Of A Millionaire Mind - How Rich People Think