Rich people constantly learn and grow, poor people think they already know.
- The goal of creating wealth is not primarily to have a lot of money, the goal of creating wealth is to help you grow yourself into the best person you can possibly be.
- Rich people are expert in their field, middle-class people are mediocre in their field, and poor people are poor in their field.
- Rich people not only continue to learn, they make sure they lean from those who have already been where they themselves want to go.
Thursday, June 21, 2007
Secrets of the Millionaire Mind - PART II - The Wealth Files #16
Rich people act in spite of fear. Poor people let fear stop them.
- Rich people are willingto act in spite of fear, poor people let fear stop them
- If you are willing to do only what's easy, life will be hard. But if you are willing to do what's hard, life will be easy.
- By expanding your comfort zone, you will expand the size of your income and wealth zone.
- Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success
- Rich people are willingto act in spite of fear, poor people let fear stop them
- If you are willing to do only what's easy, life will be hard. But if you are willing to do what's hard, life will be easy.
- By expanding your comfort zone, you will expand the size of your income and wealth zone.
- Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success
Wednesday, June 20, 2007
Secrets of the Millionaire Mind - PART II - The Wealth Files #15
Rich people have their money work hard for them. Poor people work hard for their money.
- The more your money works, the less you will have to work.
- To win the money game, the goal is to earn enouogh passive income to pay for your desired lifestyle.
- Poor people work to earn money to live today; rich people work to earn money to pay for their investments, which will pay for their future.
- Rich people buy assets, things that will likely go up in value. Poor people buy expenses, things that will definitely go down in value.
- Poor people work hard and spend all their money, which results in their having to work hard forever. Rich people work hard, save, and then invest their money so they never have to work hard again.
- The more your money works, the less you will have to work.
- To win the money game, the goal is to earn enouogh passive income to pay for your desired lifestyle.
- Poor people work to earn money to live today; rich people work to earn money to pay for their investments, which will pay for their future.
- Rich people buy assets, things that will likely go up in value. Poor people buy expenses, things that will definitely go down in value.
- Poor people work hard and spend all their money, which results in their having to work hard forever. Rich people work hard, save, and then invest their money so they never have to work hard again.
Secrets of the Millionaire Mind - PART II - The Wealth Files #14
Rich people manage their money well. Poor people mismanage their money well.
- Managing money does not restrict your freedom, it promotes it.
- The habit of managing your money is more important than the amount.
Money Management Method:
> Financial Freedom Account (deposit 10% of every dollar you earn into the fund, to be used only for investments and buying or creating passive-income streams, when retire, start spending the income generated from the fund, but not the principle itself)
> Financial Freedom Jar (Like attracts like, money attracts more money)
- Managing money does not restrict your freedom, it promotes it.
- The habit of managing your money is more important than the amount.
Money Management Method:
> Financial Freedom Account (deposit 10% of every dollar you earn into the fund, to be used only for investments and buying or creating passive-income streams, when retire, start spending the income generated from the fund, but not the principle itself)
> Financial Freedom Jar (Like attracts like, money attracts more money)
Secrets of the Millionaire Mind - PART II - The Wealth Files #13
Rich people focus on their net worth. Poor people focus on their working income.
- The true measure of wealth is net worth, not working income.
- To determine your net worth, add up the value of everything you won, subtract everything you owe.
(Income, Savings, Investments, Simplification)
- By tracking your net worth, you are focusing on it, and because what you focus on expands, your net worth will expand.
- The true measure of wealth is net worth, not working income.
- To determine your net worth, add up the value of everything you won, subtract everything you owe.
(Income, Savings, Investments, Simplification)
- By tracking your net worth, you are focusing on it, and because what you focus on expands, your net worth will expand.
Secrets of the Millionaire Mind - PART II - The Wealth Files #12
Rich people think "both". Poor people think "either/or"
- Rich people live in a world of abundance, poor people live in a world of limitations.
- Rich people understand that with a little creativity you can almost always figure out a way to have the best of both worlds.
- Poor people and many middle-class people believe that they have to choose between money and the other aspects of life.
- Rich people live in a world of abundance, poor people live in a world of limitations.
- Rich people understand that with a little creativity you can almost always figure out a way to have the best of both worlds.
- Poor people and many middle-class people believe that they have to choose between money and the other aspects of life.
Secrets of the Millionaire Mind - PART II - The Wealth Files #11
Rich people choose to get paid based on results. Poor people choose to get paid based on time.
- "Never have a ceiling on your income"
- "Never have a ceiling on your income"
Secrets of the Millionaire Mind - PART II - The Wealth Files #10
Rich people are excellent receivers. Poor people are poor receivers.
- Rich people work hard and believe it's perfectly appropriate to be well rewarded for their efforts and the value they provide for others. Poor people work hard, but due to their feelings of unworthiness, they believe that it is inappropriate for them to be well rewarded for their efforts and the value they provide.
- How do you become a good receiver?
1. Begin to nurture yourself (practive receiving the best life has to offer)
2. Go crazy with excitement anytime u find or receive any money
- Rich people work hard and believe it's perfectly appropriate to be well rewarded for their efforts and the value they provide for others. Poor people work hard, but due to their feelings of unworthiness, they believe that it is inappropriate for them to be well rewarded for their efforts and the value they provide.
- How do you become a good receiver?
1. Begin to nurture yourself (practive receiving the best life has to offer)
2. Go crazy with excitement anytime u find or receive any money
Sunday, June 17, 2007
Secrets of the Millionaire Mind - PART II - The Wealth Files #9
Rich people are bigger than their problems. Poor people are smaller than their problems.
- The secret to success: Grow yourself so that you are bigger than any problem.
- The size of the problem is never the issue - what matters is the size of you!
- Rich and successful people are solution-oriented, poor and unsuccessful people are problem-oriented.
- The secret to success: Grow yourself so that you are bigger than any problem.
- The size of the problem is never the issue - what matters is the size of you!
- Rich and successful people are solution-oriented, poor and unsuccessful people are problem-oriented.
Secrets of the Millionaire Mind - PART II - The Wealth Files #8
Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.
- Resenting promotion is one of the greatest obstacles to success.
- Rich people are usually excellent promotors.
- Resenting promotion is one of the greatest obstacles to success.
- Rich people are usually excellent promotors.
Secrets of the Millionaire Mind - PART II - The Wealth Files #7
Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
- Successful people look at other successful people as a means to motivate themselves. Rich people are grateful that others have succeeded before them so that they now have a blueprint to follow
- Successful people look at other successful people as a means to motivate themselves. Rich people are grateful that others have succeeded before them so that they now have a blueprint to follow
Secrets of the Millionaire Mind - PART II - The Wealth Files #6
Rich people admire other rich and successful people. Poor people resent rich and successful people.
- Attributes to get rich: trusted by others, positive, reliable, focused, determined, persistent, hardworking, energetic, good with people, a competent communicator, semi-intelligent
- Attributes to get rich: trusted by others, positive, reliable, focused, determined, persistent, hardworking, energetic, good with people, a competent communicator, semi-intelligent
Secrets of the Millionaire Mind - PART II - The Wealth Files #5
Rich people focus on opportunities. Poor people focus on obstacles.
- Rich people see opportunities. Poor people see obstacles. Rich people see potential growth. Poor people see potential loss. Rich people focus on the rewards. Poor focus on the risks.
- Rich people take educated risks (they do research, due diligence, make decisions based on solid information and facts.)
- Rich people focus on what they want, while poor people focus on what they don't want.
- Rich people get started. poor people don't trust in themselves or their abilities, so they believe they have to know everything in advance, which is virtually impossible, therefore they often lose.
- Rich people see opportunities. Poor people see obstacles. Rich people see potential growth. Poor people see potential loss. Rich people focus on the rewards. Poor focus on the risks.
- Rich people take educated risks (they do research, due diligence, make decisions based on solid information and facts.)
- Rich people focus on what they want, while poor people focus on what they don't want.
- Rich people get started. poor people don't trust in themselves or their abilities, so they believe they have to know everything in advance, which is virtually impossible, therefore they often lose.
Secrets of the Millionaire Mind - PART II - The Wealth Files #4
Rich people think big. Poor people think small.
- The Law of Income: You will be paid in direct proportion to the value you deliver according to the marketplace.
- The four facgors determining value in the marketplace: supply, demand, quality & quantity.
- People play small because of fear & feel unworthy.
- The happiest people are those who use their natural talents to the utmost.
- The Law of Income: You will be paid in direct proportion to the value you deliver according to the marketplace.
- The four facgors determining value in the marketplace: supply, demand, quality & quantity.
- People play small because of fear & feel unworthy.
- The happiest people are those who use their natural talents to the utmost.
Friday, June 15, 2007
Secrets of the Millionaire Mind - PART II - The Wealth Files #3
Rich people are committed to being rich. Poor people want to be rich.
- If you are not achieving the wealth you say you desire, there's a good chance it's because, first, you subconsciously don't really want wealth, or second, you're no willing to do what it takes to create it.
- There's actually three levels of so-called wanting:
1. "I want to be rich" (But wealth does not come from merely wanting it)
2. "I choose to be rich" (Being responsible for creating wealth)
3. "I commit to be rich" (Holding absolutely nothing back giving 100% of everything you've got to achieving wealth)
- Getting rich takes focus, courage, knowledge, expertise, 100% of effort, never-give-up attitude, and of course rich mind-set
- Most people who are not financially successful have limits on how much they are willing to do, how much they are willing to risk, and how much they are willing to sacrifice
- If you are not achieving the wealth you say you desire, there's a good chance it's because, first, you subconsciously don't really want wealth, or second, you're no willing to do what it takes to create it.
- There's actually three levels of so-called wanting:
1. "I want to be rich" (But wealth does not come from merely wanting it)
2. "I choose to be rich" (Being responsible for creating wealth)
3. "I commit to be rich" (Holding absolutely nothing back giving 100% of everything you've got to achieving wealth)
- Getting rich takes focus, courage, knowledge, expertise, 100% of effort, never-give-up attitude, and of course rich mind-set
- Most people who are not financially successful have limits on how much they are willing to do, how much they are willing to risk, and how much they are willing to sacrifice
Secrets of the Millionaire Mind - PART II - The Wealth Files #2
Rich People play the money game to win. Poor people play the money game to not lose.
- The goal of truly rich people is to have massive wealth and abundance, middle class people want to be "comfortable"
WEALTH PRINCIPLE:
- If your goal is to be comfortable, chances are you'll never get rich. But if your goal is to be rich, chances are you'll end up mighty comfortable.
- The goal of truly rich people is to have massive wealth and abundance, middle class people want to be "comfortable"
WEALTH PRINCIPLE:
- If your goal is to be comfortable, chances are you'll never get rich. But if your goal is to be rich, chances are you'll end up mighty comfortable.
Secrets of the Millionaire Mind - PART II - The Wealth Files #1
- if you've got files in your mind cabinet that are nonsupportive to financial success, those will be the only choices you can make
- if you've got mind files that support financial success, you will naturally and automatically make decisions that produce success. YOU WON'T HAVE TO THINK ABOUT IT.
WEALTH PRINCIPLE:
- You can choose to think in ways that will support you in your happiness and success instead of ways that don't
(Willing to let go of having to do it your way)
Wealth File #1
- Rich people believe "I create my life". Poor people believe "Life happens to me"
- Victim Clue #1: Blame (blame everything but themselves)
- Victim Clue #2: Justifying (If you don't think money is important, you simply won't have any)
- Victim Clue #3: Complaining (When you are complaining, you become a living, breathing "crap magnet")
WEALTH PRINCIPLE:
- There is no such thing as a really rich victim
(it's imperative to "unhook" attention and love)
YOU CREATE EVERYTHING THAT IS IN YOUR LIFE AND EVERYTHING THAT IS NOT IN IT!!!
- if you've got mind files that support financial success, you will naturally and automatically make decisions that produce success. YOU WON'T HAVE TO THINK ABOUT IT.
WEALTH PRINCIPLE:
- You can choose to think in ways that will support you in your happiness and success instead of ways that don't
(Willing to let go of having to do it your way)
Wealth File #1
- Rich people believe "I create my life". Poor people believe "Life happens to me"
- Victim Clue #1: Blame (blame everything but themselves)
- Victim Clue #2: Justifying (If you don't think money is important, you simply won't have any)
- Victim Clue #3: Complaining (When you are complaining, you become a living, breathing "crap magnet")
WEALTH PRINCIPLE:
- There is no such thing as a really rich victim
(it's imperative to "unhook" attention and love)
YOU CREATE EVERYTHING THAT IS IN YOUR LIFE AND EVERYTHING THAT IS NOT IN IT!!!
Sunday, June 10, 2007
Secrets of the Millionaire Mind - PART I - Your Money Blueprint - cont'd
We are conditioned in three primary ways in every arena of life, including:
- Verbal Programming
- Modeling
- Specific Incidents
WEALTH PRINCIPLE #4:
- When the subconscious mind must choose between deeply rooted emotions and logic, emotions will almost always win.
VERBAL PROGRAMMING
Four key elements of changing Verbal Programming
- Awareness
- Understanding (where the way of thinking originates)
- Disassociation (keep the current way of thinking or let go)
-Reconditioning
"What I heard about money isn't necessarily true. I choose to aopt new ways of thinking that support my happiness and success"
MODELING
- Identical or opposite as your parents
WEALTH PRINCIPLE #5:
- If your motivation for acquiring money or success comes from a nonsupportive root such as fear, anger, or the need to "prove" yourself, your money will never bring you happiness
- by unlinking your money motivation from anger, fear, and the need to prove yourself, you can install new links for earning your money through purpose, contribution, and joy. That way, you'll never have to get rid of your money to be happy.
"What I modeled around money was their way, I choose my way"
SPECIFIC INCIDENTS
- Recognize your partner's money blueprint as well as to create a new money blueprint between both of you that helps you as partners get what you really want.
WEALTH PRINCIPLE #6:
- The only way to change your level of financial success "permanently" is to reset your financial thermostat
- You can consciously choose to release any belief or way of being that is not supportive to your wealth, and you can replace it one that is
- Verbal Programming
- Modeling
- Specific Incidents
WEALTH PRINCIPLE #4:
- When the subconscious mind must choose between deeply rooted emotions and logic, emotions will almost always win.
VERBAL PROGRAMMING
Four key elements of changing Verbal Programming
- Awareness
- Understanding (where the way of thinking originates)
- Disassociation (keep the current way of thinking or let go)
-Reconditioning
"What I heard about money isn't necessarily true. I choose to aopt new ways of thinking that support my happiness and success"
MODELING
- Identical or opposite as your parents
WEALTH PRINCIPLE #5:
- If your motivation for acquiring money or success comes from a nonsupportive root such as fear, anger, or the need to "prove" yourself, your money will never bring you happiness
- by unlinking your money motivation from anger, fear, and the need to prove yourself, you can install new links for earning your money through purpose, contribution, and joy. That way, you'll never have to get rid of your money to be happy.
"What I modeled around money was their way, I choose my way"
SPECIFIC INCIDENTS
- Recognize your partner's money blueprint as well as to create a new money blueprint between both of you that helps you as partners get what you really want.
WEALTH PRINCIPLE #6:
- The only way to change your level of financial success "permanently" is to reset your financial thermostat
- You can consciously choose to release any belief or way of being that is not supportive to your wealth, and you can replace it one that is
Secrets of the Millionaire Mind - PART I - Your Money Blueprint
WEALTH PRINCIPLE #1:
- Your income can grow only to the extent you do!
WEALTH PRINCIPLE #2:
- If you want to change the fruits, you will first have to change the roots.
- If you want to change the visible, you must first change the invisibles.
(It's what's under the ground that creates what's above the ground; it's what's invisible that creates the what's visible)
The Four Quadrants: Physical World, Emotional World, Spiritual World, Mental World
Affirmation vs. Declaration
- An affirmation states that a goal is happening, declaration states that we have an intention of doing or being something
WEALTH PRINCIPLE #3:
Programming leads to Thoughts;
Thoughts leads to Feelings;
Feelings leads to Actions;
Actions leads to Results
- Your income can grow only to the extent you do!
WEALTH PRINCIPLE #2:
- If you want to change the fruits, you will first have to change the roots.
- If you want to change the visible, you must first change the invisibles.
(It's what's under the ground that creates what's above the ground; it's what's invisible that creates the what's visible)
The Four Quadrants: Physical World, Emotional World, Spiritual World, Mental World
Affirmation vs. Declaration
- An affirmation states that a goal is happening, declaration states that we have an intention of doing or being something
WEALTH PRINCIPLE #3:
Programming leads to Thoughts;
Thoughts leads to Feelings;
Feelings leads to Actions;
Actions leads to Results
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