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A Mindset of Filthy Rich People.
Check this table
Kenneth Cole
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Famous fashion designer
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Sticking with your gut is the key to building
a sustainable business.
|
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Kevin O'Leary
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The Shark Tank star
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the value of holding only profitable
relationships
|
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Burt Jacobs
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Co-founder of Life is Good apparel
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Communicate your expectations to all
your Key stakeholders.
|
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Kat Cole
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CEO of Cinnabon
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try everything--but only stick to what works
best
|
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Marcus Lemonis
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TV Star of The Profit
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Using your gifts can take you anywhere
|
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Kevin Plank
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Founder and CEO of Under Armour
|
One should only focus on selling his best
products.
|
I can go on with the advice I've heard from all
these wealthy people but I would like to sum up my own version of how to make
it big in business:
1. Create Something
Bigger Than Yourself
Most people want success for themselves, not
other people. They want to win all the awards, be on the magazines, and earn
millions of dollars. Having all of this is fine, but you must select
a cause that is bigger than yourself. You need to understand that your
purpose is greater than you. This will attract more success, instead of
repel it.
A selfless leader will focus on growing others,
which in turn will grow themselves. As a hobby, I exercise often by jogging and
lifting weights. I find that when I help others exercise, I become stronger and
faster than I would if I did it all myself. Helping others takes the same
amount of time that it does to help yourself. Those who want to be rich
must enrich others first.
If you want to go fast, go
alone. If you want to go far, go together. - Ancient Proverb
2. Surround Yourself with
Experts
Every multi-millionaire has a team of experts
that gives them strategic advice. While everyone has an opinion, you only
want to listen to the best. I see so many people listening to the wrong
people, which later leads them to devastating results.
Find experts in your industry that dominate and befriend them if you
can.
Hiring an executive coach is the greatest
way to get to the next level. A friend might say, "You should do more
push-ups", but a coach will show how it makes you stronger, which
motivates you to action. Find a paragon who can identify with your needs. Most
executive coaches charge anywhere from 10 to 20 percent of your
yearly income, which is often easy to pay if you follow their advice.
3. Build a System which Leverage
Multi-millionaires cannot do it all
alone. They have systems and processes that allow them to leverage their
gifts and abilities. There's always a better and faster way to get things done.
If you create a system of success for yourself, it will eventually serve you.
However, it must be your system, not someone else's.
Every day, I have certain habits, devices, and
systems that I use to help me operate more efficiently. I used to
think that I had to wake up at a certain time to be successful, but I realized
that my peak time of productivity is from 10 pm to 4 am. I go to
sleep ridiculously late and have found many benefits in doing so. The 5 a.m.
wake-up club doesn't work for everyone. You must find a system that works
for you.
4. Be Expert in Marketing and Sales
Marketing spreads the message of what you're
about, and sales is getting people to buy that message.
Marketing helps you to build your credibility and sales happens when
people trust your reputation. Marketing is the spinal cord to your business and
sales is the vertebrae. If you want strong "backing," you must master
both of these major skills.
Multi-millionaires are experts at marketing
and sales. Their skills deftly lead them to high positions and allow them
to enjoy the best of life. In this world, you can either sell or you'll be
sold. You might as well learn what the marketplace wants and then find a way to
strategically deliver what it needs. In short, find a product to sell (sales)
and have a story to tell (marketing).
People don't know what they
need until you give it to them. - Steve Jobs
5. Quick Decisions are Important
Every day, we all make a multitude of decisions.
However, the richest people make them fast because they know themselves better.
Most people have never been taught how to make decisions. Instead, they
look for people who can make it for them. This is why only 10 percent of
people in the world are entrepreneurs who control 90 percent of the
workforce.
Making quick decisions can help you to becoming
wealthy. A man recently told me that he couldn't partake in a certain event
because he didn't know what to do. Rather than deciding, he gave me a few excuses and was momentarily off the hook. If he was
a multi-millionaire, he would have boldly decided and told me whether
he could make the event or not. Make decisions, not excuses.
6. Be wise,Prioritize
Prioritizing means doing first what matters
most. Dozens of tasks may be calling your name each day, but you must only
undertake the ones that give you the most reward. You must develop
a habit to consistently delegate or eliminate activities that take up your
time, energy, and money. Your time is finite.
What are your main priorities in life ? How are
you going to make it happen? Your goals better be as big as you can
make them. Most people set goals that are too small. A small increase in income
won't suffice for aspiring multi-millionaires. Instead, raise your goal substantially by
seeking to quadruple your rate of business. Whatever your goal is, your
mind will find a way to do it.
7. Produce Constantly
On weeknights, weekends, and holidays, 98
percent of people take time to rest, which is utterly foolish! Surely, you
do need to rest, but you must produce, too. Don’t selfishly squander your
precious time when there are so many people that need your help! Do you realize
that your true happiness comes from the work you produce?
A famous NBA player confided that he cannot go a
day without shooting 1,000 shots. Every day, he
affirms, "Basketball is my purpose in life." He cannot stand
missing the playoffs; otherwise, he feels like a failure. That's why
he's a champion. Attaching yourself to your purpose is the secret to
becoming a multi-millionaire. Best advice: Mix business with pleasure.
8. On Serving People
Surprisingly, most multi-millionaires don't do
it for the money. If they did do it for the money, they would have
stopped after their first million or so. Truly, they do it for the
people. They understand that people come first. When you serve people, the
profit will come. It's a law that automatically applies itself.
I used to laugh at people who worked
without pay (aka, volunteers). Now, that's all I do. When I wake up, my
first question is usually, "How do I add more value to more people in less
time?" not, "How do I make money today?" At the end of the
day, I always find a stack of checks at my desk awaiting my signature for
processing. These checks come from my service.
9. Keep on Continuous
Improvement
If you want to change the world, you need to
consume a lot of knowledge and make rapid changes. You need to start reading
books and implementing the ideas you learn. Most of my wealthy friends
routinely read 2 hours per day at a minimum--and they’re not reading the easy
stuff either. They're pounding the textbooks and taking notes.
When you're beginning work each day, ask
yourself, "How can I improve?" If there is a skill that you must
learn, learn it. Most people are one skill away
from being a massive success. If you want to become a multi-millionaire, you
need to get serious about self-improvement and adopt changes in your personal
and professional life on a daily basis.
10. Get Feedback
I'll never forget what Jack Canfield told me at
a conference in which we shared the stage. As he pulled me aside, he gave me
his serious tone: "Daniel, the major difference between bestselling
authors and amateur authors is one thing: Feedback." This was his secret
to selling millions of books over the last two decades.
Obtaining feedback is instrumental if you want
to grow a successful business. Sometimes, great feedback can come from
anywhere. It can come from your spouse, kids, neighbor, or even your mother!
Often times, it comes from your worst critics, who give you the deepest version
of what you need to change. Wherever you get your feedback, make the necessary
changes.
To become a multi-millionaire, you must
cultivate these 10 secret mindsets of multi-millionaire. If you do, people will
notice your work and supply you with the help you need. There's no limit to
what you can accomplish with a deep purpose and faith in something greater than
yourself. This is at the forefront of becoming a multi-millionaire. Remember,
serve people and profit will come.
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