What do you think of when you hear a word “millionaire”? No doubt, each and every one of us imagines some nicely dressed people drinking pricey champagne for breakfast, driving classy supercars, shopping at the most posh boutiques and spending vacations in exotic countries. Sociologists have examined the lifestyles of millionaires and came with an inference that the vast majority of modern millionaires don’t spend their lives in this way at all. Some of the truly rich ones actually prefer contents to the shell. That’s why they remain the millionaires. Now these people have succeeded in every way imaginable, they got cars, yachts, houses and what not. But what did they begin with? In this article we’ll try to understand the principles of how to think big and eventually reach certain heights. Let’s get started!
So, where does the power of thinking big lies? Perhaps every successful person will tell you that the magic of thinking big lies precisely in planning your own way to prosperity. As Tim Ferriss, an American business author, entrepreneur and motivational speaker, states in his book: “Money is multiplied in practical value depending on the number of W’s you control in your life:
– What you do
– When you do it
– Where you do it
– With what people you do it.”
The W’s are called “the freedom multipliers”. Think about it: is all your money actually worth the efforts if you control none of these W’s in your life? How further would you get if you had the freedom to control all of the W’s above? Foremost, you need to convince yourself that living the life of a millionaire and being financially wealthy are two diametrically opposite concepts.
The tips given below will help you step on the road to success and stimulate you to make more money than you could ever dream of starting today.
1). Write down all of your ideas. Always try to keep the objectives jotted down in a clear sequence, so you can easily navigate through what should be done and set goals for everyday
2). Take time when making plans to reach financial goals
3). Get financially independent using the “magic wand” method
4). Project forth but think back on your financial goals
5). Practice the “mind-storming” technique while sorting out problems
6). Try to save money
Now we are about to analyze these tips in details.
#1 Start with making sketches of your ideas
Purchase the simplest spiral notebook. Learn to carry it wherever you go, and mark down each and every idea visiting your mind during the day. Run through your notes on a daily basis. Who knows, maybe that one idea you had while you were walking, dreaming, reading, or watching the TV may lead to the beginning of your fortune. If your target is to increase your income, write down all the possible ideas as to how you plan to multiply it. The rule is as simple as that – catch every idea and note it down. Make sure you do it quick, otherwise you may lose it.
#2 Take time when making plans for reaching the financial goals
Take periodical breaks to rest up your brain and think over the obstructions holding you back from reaching your goals. During these timeouts the ideas will often stream into your head possibly saving you hours, days, and even years of hard work.
#3 Using of the “magic wand” method
Practice the fantasizing regularly. Sometimes it is called the “magic wand” approach. Just imagine you have a magic wand in your hand and you can solve any kind of problem with a flick of this wand. Poof, problem’s gone! All the obstacles standing between you and your goal are removed. Time for actions!
#4 Project forth but think back on your financial goals
Imagine that your objective is to build a competitive company in a particular field of activity. Fast forward approx. 6 years and now you own a successful and powerful firm. What would it be? What principles would it stand on? How large would it be? What kind of people would be working in it? What kind of reputation would you possess in the market? What would be your level of profitability along with the expenses? And most importantly, what can you start doing right now to make this dream a reality.
#5 Practice the “mind-storming” technique while sorting out problems
Certainly one of the most effective methods of inducing the creative thinking is the mind-storm or the “100-idea” technique. A lot of people have reached prosperity practicing this technique rather than any other. In point of fact, this method can motivate you to achieve such a desired financial independence. The technique is actually pretty elementary. Write any problem or goal at the top of your notepad page in the form of a question. For instance, if your aim is to increase your earnings in the next year, then write this way: “How can I increase my earnings in the next year?” Then do your best to provide at least 10 answers to your question. You can write more if you can, but at first you must use your self-discipline to write at least these 10 answers.
#6 Try to save money
The simplest thing you can do already today. Just think of it, if you could save at least $100 each month, starting saving at the age of 20 until you retire somewhere at 65 you would make more or less $1,118,000. But at $100 saved each month, anyone can become a rich guy. Yet not everyone does! The magic of thinking big is built precisely on these 6 basic tips.
So, what prevents people from becoming financially flourishing? We can make up thousands of excuses in our head to not to do something. The most popular evasion is “I was born in the wrong place”. The point is it doesn’t really matter where you live. Just take a quick glance at any millionaire’s biography and you’ll discover that this person was born in the average family in not even the nicest neighborhood. One of the “pros” of the Global Web is that it allows you develop and progress no matter where you are. You can even start your business right in the Internet, run it anywhere you go only having an Internet access. This is a splendid opportunity to live where you live still making good sums of money. In any case, keep in mind that money must not be your endgame. Instead, you should concentrate on becoming the best (or one of the best) in your field of activity. The money will come as a result of that. It will be absolutely awesome if you explore for some decent sectors to invest in. When some of them are really “hot”, you need to start investing. Take advantage of these “hot” sectors on your way of making millions. Right now one of these “hot” sectors is crypto-currency, especially the Bitcoin, whose value is growing quite rapidly. Investing is the road to the future! Your goals should always be increasing and you should never feel like you are done on something. If you want to become successful and stay such, the second thing after reaching the goal is setting another one.
Stop reading this article for a moment and imagine you are already a millionaire. What are the character traits he/she possesses? Is he/she super slim and sporty, easygoing and optimistic? What does he/she do on a regular basis? Does he/she live in the countryside or in a big city, jog every morning, and then meet with friends? Think hard of all details of your millionaire lifestyle and start living like a millionaire today. That’s the power of thinking big! Thanks to our friends from meetwife.com for providing this article.