Ten Tips To Becoming A Millionaire
Who wants to be a millionaire? I’m sure we all do, but it‘s
no use waiting for the man from the Lotto to come knocking at the door.
While there is no sure fire way to achieve financial
prosperity, you will go some way to becoming the next Richard Branson if you
follow these ten easy steps.
GET INTO THE MINDSET
SET GOALS
Write down what you want to achieve and set a deadline. Not
only will this give you a focus, it will give you a yardstick to measure
success. It is also important to make your goals achievable – consistently
missing your targets is likely to be discouraging.
MAKE A PLAN
It’s all well and good having a goal, but how do you
actually achieve it. Brainstorm a plan of action together and prepare for
contingencies. Remember, if you fail to plan, you plan to fail.
NETWORK
It will do you no harm if you fill up your little black
book with suppliers, customers and potential business partners. Establish a bond
with these people and help each other out - the world will not seem such a
lonely place.
BE FRUGAL
If you’ve been a natural spender in the past it’s time to
tighten those purses strings and be tight with your wad, especially when you’re
starting out. Keep to a budget and keep a little money aside for emergencies. Do
not got go splashing out on luxuries as a) you’re money could be spent more
productively and b) you don’t want to be saddled with debt.
BARGAIN
Always look out for a good deal and always haggle for
anything. You have nothing to lose and you will save loads by negotiating prices
down.
MAKE YOUR MONEY WORK
Once you start making money, you ought to spend it wisely
as this will form the basis of making even more money. You can reinvest in your
business(es) or spread your investments across other areas like property or the
financial markets.
PUT IN THE HOURS
It goes without saying, to be a success you need to put in
the hours - but don’t treat this as a chore. Remember all the time you are
watching rubbish TV, you could be squeezing an extra bit of productivity towards
your ventures. Learn how to prioritise so you can use your time effectively. But
don’t over do it, especially if you have a family - they need some of your time
too.
LEARN, LEARN, LEARN
Invest your time in research and gaining expertise in what
you do. When on a journey, read material that will aid you, be it research or
learning. Get all the facts, and don’t be afraid to ask for help when you need
it. A little knowledge goes a long way.
HAVE FUN
To be successful you need to be motivated. So make sure
you’re having fun. Find the fun in your business and seek ways to let others see
your enthusiasm. Someone who’s upbeat and having a good time at what they’re
doing attracts customers, clients and friends... and success.