Being rich should not be just a dream. Follow these tips and discover how easy it is to have a great fortune in the beginning of your career.
Being a millionaire is a taboo subject. To say that this can be achieved at age 30 seems more like a fantasy. It should not be so, as this is possible. At 21 I left school in bankruptcy and by the age of 30 was a millionaire.
My name is Grant Cardone, International Sales Expert and I share 10 steps that will make you rich:
Step 1. Follow the money.
In today's economic environment you can not get millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $ 3,000 a month and nine years later it was $ 20,000 a month. Start following the money and that will force you to control your income and see opportunities.
Step 2. Do not presume, introduce yourself to work.
I did not buy my first luxury watch or automobile until my business and investments were producing multiple insurance streams of income. I still drove a Toyota Camry when I became a millionaire.
Be recognized for your work ethic, not for the things you buy.
Step 3. Save to invest, do not save to save.
The only reason to save money is to invest it later. Put it on a secure and untouchable account. Never use these accounts, even for an emergency. This will force you to follow step number one (follow the money).
Today, at least twice a year, I am bankrupt because I always invest my surplus in companies that I can not enter.
Step 4. Avoid debts that do not pay you.
I borrowed money for a car just because I knew I could increase my income. Rich people use debts to take advantage of investments and grow their cash flows. Poor people use debts to buy things that make the rich richer.
Step 5. Treat money as a jealous lover.
Millions of people want economic freedom, but only those who make it a priority have millions. To be rich and go on like this you have to make it your priority. If you ignore it this will ignore you or worse, it will leave you for someone who does take priority.
Step 6. Money does not sleep.
Money does not know the clocks, schedules or holidays and neither should you. Money loves people who have work ethics.
When I was 26 I was in the retail business and the store where I worked closed at 7 p.m. Many times you could meet me there at 11 p.m. Selling something else. Never try to be the smartest or the luckiest person, just make sure you work harder than others.
Step 7. Being poor makes no sense.
I have been poor and stink. He had enough and that too stank. Eliminate all ideas that being poor is somehow okay. Bill Gates said "If you are born poor, it is not your mistake. But if you die poor, it's your fault. "
Step 8. Find a millionaire mentor.
Most of us grew up in a middle or poor class and we limited ourselves to the ideas of a group. I have studied the millionaires to duplicate what they did. Find your personal mentor and study it. Most rich people are very generous with their knowledge and resources.
Step 9. Make your money lift heavy things.
Investing is the Holy Grail to become a millionaire and you should make more money from your investments than from your work. If you do not have extra money you will not make investments.
The second company I started required an investment of $ 50,000. That company has given me back that same amount every month for the last ten years.
My third investment was in real estate, where I started with 350 thousand, a large part of what I had at that time. I still own that property and it keeps giving me income. Investing is the only reason to do the other steps and your money should work for you and lift the heavy things.
Step 10. It aims to have 10 million, not 1 million.
The biggest financial mistake I ever made was not thinking big. There is no shortage of money on this planet, only a shortage of people who do not think big.
Apply these 10 steps and you will become a millionaire. Set aside people who say your financial dreams are out of greed. Avoid the schemes of getting rich quick, be ethical, never give up and once you do, help others to get there too.
Thanks for reading
Great note. @p3rspectivo - please clarify what you meant when you said: "Today, at least twice a year, I am bankrupt because I always invest my surplus in companies that I can not enter."
Bankrupt twice a year - do you mean your cash reserve goes to 0, but your assets stay positive?
Companies that you cannot enter - what do you mean by this?
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Oh thank you, yes, in point number 3 of the note is meant to ensure that money continues to grow during each of these steps, what should be done is to save but for the purpose of investing that money later. However, it is also mentioned that the money from these accounts should not be used even in case of emergencies. That said, the businessman Grant takes the excess money from his savings to invest in companies that he recognizes that he will not take advantage of them and therefore represent a loss of investment, so it is going to bank broken due I do not use the money initially saved to invest in good companies.
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Thank you for posting this 💗
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Thank you so much @crowwingk, really thanks for Resteem this publication.
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As a relatively successful person (not a millionaire, but I do ok) I agree with all of the above. For this advice to become a reality, one's mentality HAS to change. The author has a very good point about growing up in the lower and middle class - we simply have never seen an up-close example of HOW to do things to get to 7 figures. Stop buying lottery tickets and get to work.
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It is true that the mentality must change and always be focused on the final goal. Keep in mind that for many people, following some of these steps can help them improve a lot, maybe not to reach the 7 figures but if to improve their life and achieve some financial freedom. hahah the answer is obvious, if we want to achieve something, we must work for it. thanks for comment. Greetings.
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