There is a saying that the first million is the hardest to make and that is why there are so many entrepreneurs that have made their millions many times over.
I always used to wonder what people who have made their business successful think about themselves and their business that has enabled them to reach such financial success. I have a background in psychology and human behaviour so after doing some research quickly understood that there would be distinct differences in the way that successful business owners thought and the way others thought that were doing it harder and plateauing at 6 figure businesses. I did even more research and started to ask questions of those who had million dollar plus businesses and then compared them to the answers and conversations I had had with those who to this date have found those amounts an impossibility. My business grew with the action I took and the way I started to think about each aspect of business. I soon saw that a few key aspects, while not outrageously different, made a huge impact on the reality of the situations. So, what are the 3 key qualities of a person with a millionaire mindset?
- They never stop learning Every one of the hugely successful business owners were always working on themselves, their development and their education. They knew that if they took their foot off the pedal and stopped learning from those ahead of even them in the game, someone else who wanted it more would quickly overtake them. They also know the importance of mentors and having a team of people around them each with the expertise in the field that the millionaire mindset the owner might lack. This is collaboration and entrepreneurship.
- They believe they are the best If you don’t think your business, your product or service is the best on the market, how will anyone else think it is the best? Successful people have a huge self-belief in themselves and their ability to overcome any challenge that comes their way and view challenges as opportunities. The other business owners I spent quite some time with in the beginning hated any challenges, became easily stressed and therefore made many rash, quick decisions that failed them.
- They like to fail This is a contentious one yet I have witnessed time and time again and heard it straight from the horse’s mouth that those with the millionaire mindset like failing. They believe that the way we handle failure shows the mark of a man (or woman) and what we can learn from our failures can help us overcome whatever challenges come our way. Rather than go back into our shell, picking ourselves up from our failures and continuing to move forward will see us succeed beyond our greatest dreams.
Have you ever wondered why some people seem to get rich easily, while others are destined for a life and business of financial struggle? Is the difference found in their education, intelligence, skills, timing, work habits, contacts, luck, or their choice of jobs, businesses, or investments? The answer is…. None of the above! There were no patterns in education or upbringing in those who had achieved their millions in business, just a unshakable belief that they had it within themselves to succeed. It is all about their mindset, and when you start to develop a millionaire mindset your business and personal experiences will start to explode with possibilities.
