Thursday 8 October 2009

Millionaire Mindset? What is That?

Lets face it; there are not too many people around who would turn down the opportunity to become a millionaire. In fact, many young people, and even middle-aged people too, dream about becoming millionaires, but most people do not actually do it, right? That is because, in order to become a millionaire, you must have both a strong commitment and a millionaire mindset.

Everyone knows what a strong work ethic is, right? We are raised believing we need one and our parents try their best to cultivate that sense of working for what we get - in other words, earning what we want and working as hard as necessary to ensure the life we need or want. That is absolutely fine, and a strong work ethic is definitely needed in order to become successful; no one ever succeeded by being lazy.

Just as important as having a strong work ethic, however, is having a millionaires mindset; you need to think like a millionaire or potential millionaire would think. What is the difference between the way most ordinary people think - an average mindset - and the millionaire mindset?

The simple difference is this: Folks with average mindset think the same way that everyone else does. Problems are seen as problems, not as opportunities to excel. The average worker believes he or she can work hard at his or her job and should be able to "get rich" by being compensated by someone else for their efforts. But this mentality will almost never result in the kind of wealth that most people desire. And the reason for this is because most people have been taught from childhood that working for the man, is the way to make it.

It makes no sense to think that way, in fact. If your employers paid you millions in exchange for your work, they would have millions less than they otherwise do. Obviously, that is not likely to happen, so trading in your sweat and hard work in exchange for a paycheck is not a part of the millionaire mindset.

Folks with a millionaire mindset realize that true financial wealth cannot be gained by sweating for forty or more hours per week while someone else profits from your labor. The millionaire mindset requires that you begin to see problems not just as obstacles, but also as chances to change something.

In other words a realtor who just sits around complaining that she can't sell any houses right now because we are in a buying slump has an ordinary mindset. The realtor who begins to specialize in helping banks rid themselves of foreclosed properties has a millionaire mindset.

That does not mean that the millionaire mindset forces you to not work hard; on the contrary, hard work is still a must. But, work not just for someone else pocketbook; the millionaire mindset will allow you to think and act according to the circumstances and take negative issues and turn them into opportunities for success. We all have this millionaire mindset somewhere (maybe hidden way down deep inside) and if you tap into it, you are likely to succeed.

Carmen Reid is offering a free audio CD on Home Business success at http://www.noscamhomebusiness.com

She is a successful Home Business entrepreneur who helps others succeed in their Home Business ventures. Change your mind and your life will change!

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

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