How to Become a Millionaire: Simple Method

By | 03.04.2016

Everybody wants to become a millionaire and get rich. Some peoplejust don’t know How to Become a Millionaire or where to start. You can get rich in your own way and you can start today. These tips will get you started on visualizing theroad ahead of you and enable you to set goals to make more money thanyou ever dreamed you would. Here are 9 different exercises for you to visualize how to become a millionaire and achieve financial independence. So a million quid ain’t what it used to be. It’s actually getting easier every day thanks to things like inflation. So for many buddingrich-listers it’s a question of lifestyle and not having to worry about your finances.

How to Become a Millionaire
How to Become a Millionaire

How to Make More Money: Start By Writing Down Your Ideas

Buy a spiral notebook. Carry it with you if you possibly can, andwrite down every idea that comes to you throughout the day. Review thisidea log on a regular basis. Sometimes, one idea that you have while you are driving along, sitting, reading, watching television, or in aconversation may be the insight that will lead to the start of yourfortune. If your goal is to make more money, write down all of your ideas as to how you will achieve this goal. Therule is, “Catch the idea and write it down.” If you don’t write it downquickly, you will very often lose it.

Goal Setting: Relax and Reflect on Your Financial Goals

Take regular time-outs to relax and reflect on your goals and theobstacles that are holding you back from achieving them. During thesetimes of relaxation, ideas will often pop into your mind that can saveyou hours, days, and sometimes years of hard work.

Gaining Financial Independence Using The Magic Wand Technique

Practice the exercise of fantasizing on a regular basis. Sometimesthis is called the “magic wand technique.” Imagine that you have a magic wand and you can wave it over your current situation or problem.Imagine that as a result of waving this magic wand, all the obstaclesare removed from between you and your financial goals. Tip: Don’t waste time by thinking How to Become a Millionaire, work hard instead thinking, it will work for you.

Project Forward and Think Back on Your Financial Goals

Imagine that your goal is to build a successful business in a particular field. Project forward three to five years and imaginethat you now have a successful business in that field. What would itlook like? How big would it be? What kind of people would you be working with? What kind of reputation would you have in the marketplace? Whatwould be your level of sales and profitability? How would you be running this business? And especially, what could you start doing right now tomake this future dream a reality.

How to Become a Millionaire By Practicing “Mind-Storming” on Every Problem

Perhaps the most powerful method of stimulating creative thinking iscalled “mind-storming,” or the 20-idea method. More people have becomewealthy, including me, using this idea more than any other method ofcreative thinking ever discovered. In fact, this technique alone couldenable you to gain financial independence. The method is simple. Take any problem or goal that you have and writeit at the top of a sheet of paper in the form of a question. Forexample, if your goal is to double your income over the next 12 months,then you would write, “How can I double my income over the next 12months?” You then discipline yourself to write at least 20 answers tothat question. You can write more than 20 answers if you like, but youmust use your discipline and willpower to write at least 20 answers.

Save Your Money and Become a Millionaire

At the very simplest, if you were to save $100 per month, from thetime you started work at the age of 20 until the time you retired at age 65, and you invested that $100 per month in a mutual fund that yieldedyou an average of 10%, you would be worth approximately $1,118,000 bythe time you retired. Chances are, your discipline and yourresolve to continue saving, year in and year out, would have such aneffect on your character and your personality that you would end upearning far more than 10% per year. But at $100 per month, anyone can become a millionaire.

Think Bigger

Grant Cardone went from broke in college at 21, to an internationally recognized millionaire entrepreneur by 30. He’s helped build up several businesses and consulted for sales training in multiple Fortune 500companies. What’s more, he’s also authored five books in five years, one of which went on to become an NY Times bestseller.

Don’t Give Up

You might think that this last tip is a little obvious (and it is), but there’s a cool story behind it.
Brenton Hayden started his career at 19, working a sales route forKellogg’s snacks. He became very successful at it in a very short amount of time, but then a screw-up got him dismissed from the job. He gotanother job at a real estate company, but unfortunately that didn’t panout either in the long run.
Brenton finally decided to go into business for himself and startedthe groundwork for a property management company. His initial marketingstrategy?
Cold calls.
One the first three calls, Brenton got turned down. But again, the guy refused to give up.

Take Action

Focused questions stimulate your mind and provoke creativity. Decideon a goal and then ask yourself, “Why am I not at this goal already?”

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