How to Develop a Multimillionaire Mindset

A man observes evergreens growing along the roadside and thinks that they look pretty, covered with snow. Another man sees the same trees and thinks, "These trees would look good in people's living rooms at Christmas. I wonder what they would pay for them?"

The first man has an ordinary mind. The second, the mind of a natural-born moneymaker.

In The Prime Movers, Edwin A. Locke provides some interesting insights into the way moneymakers think:check out the The Wealth Trigger 

He argues that an active, inquisitive mind is a hallmark of the successful entrepreneur. The most successful entrepreneurs in history, he says, had this sort of mind.

• Thomas Edison: He was a "virtual thinking machine. Almost until the day he died, his mind      poured forth a torrent of ideas, and he might track as many as 60 experiments at a time in his  laboratory."

• Steve Jobs: He bombarded people with his ideas - his investors, his board of directors, his customers, his subordinates, and his CEO.

• Henry Ford: "He threw himself into every detail, insisting on getting small things abso­lutely      right.... But he never lost sight of the ultimate, overall objection. He had a vision of what his new car (the Model T) should look like. From all the improvisation, hard thought, and hard work came a machine that was at once the simplest and the most sophisticated automobile built to date anywhere in the world."

Take my friend Bernard...

I have a friend, an émigré from Manchester England, who has this kind of moneymaking mind. I have known him for more than twenty years. During that time he has started at least a dozen successful companies. Every company he forms, it seems, becomes successful very quickly. He has become a wealthy man and enjoys a wealthy man's lifestyle, but his interest in making money has never waned.

In that respect he is very different from me. I became wealthy by making plans and working my ass off. And once I made more than I needed I stopped paying attention to it.

He made his money effortlessly. Or so it always seemed. And he continues to make money because he really enjoys the process.
He makes money not just by starting successful businesses and investing in real estate (my primary vehicles) but by buying and selling exotic cars, boats, antiques and expensive watches. Every time I see him he is driving a new car. One month it's a Bentley. The next month it's a Ferrari. He buys slightly used cars and enjoys them and then turns them over for a profit. He has become an expert in barter and countertrade. He never pays full price for anything. He knows how to get the best price for everything. And he loves the game.

Bernard may not have my net worth, but he's got more than enough for the rest of his life and he seems to enjoy making money much more than I do.

I admire that about him. I like talking to him about all his recent deals. His excitement gets me excited. It also embarrasses me when I discover that he pays a fraction of what I pay for just about everything.check out the The Wealth Trigger 

What if you don't have the Mind?

I have another friend, Jeff, who used to be my partner. He was making $400,000 a year when he suddenly sold his business and retired. Today he makes a living teaching Tai Chi. His income is modest, but he lives in a beautiful house, belongs to a private yacht club and takes vacations every two months.

Like Bernard, Jeff enjoys his life. He works when he wants to, rests when he wants to and enjoys the best that life has to offer.

Jeff's secret is that he knows how to buy the best of everything for pennies on the dollar. I am always amazed at how he and his wife can meet us in Chicago, Nicaragua or China, stay at fine hotels and do everything we do but on a budget.

I'm convinced that Jeff and Bernard both have very special brains minds. Like Edison, Jobs and Ford, they think differently than I do.

Raw intelligence is not the issue. These guys are smart but don't think they are any smarter than I am. And anyway, if it were a matter of intelligence, Einstein and a slew of other geniuses would have been wealthy men.

I call what Bernard and Jeff have the multimillionaire's mindset. I've also called it the Rich Mind.

This is the first of several essays I'll be writing on this point: how to think like a multimillionaire.

And here's the goal: to discover exactly how they do what they do by figuring out how they think. If you study this and subsequent essays seriously - and implement the suggestions I'll be making - you may be able to "upgrade" your brain to one that will allow you to have the kind of life they enjoy.

I'm not doing this for you. I'm doing it for myself. I've mastered one part of the equation: making money through entrepreneurship. But the other part - enjoying a multimillionaire's lifestyle on a limited budget - has so far eluded me.

Some Preliminary Observations To get started, here are some observations I've made from studying my two friends and from reading about great wealth builders like Jobs and Edison and Ford.

1. A "normal" person is concerned with protecting his ego. When dealing with a problem he doesn't really understand, he pretends he understands the contributing factors and doesn't try to find out what anyone else thinks. A person with a multimillionaire mind asks questions inces­santly. He has no ego when it comes to learning. He knows that knowledge is power.

2. A "normal" person has a consumer mentality. He looks at a hot new product and thinks about how he would like to own one. A person with a multimillionaire mind has an entrepreneurial men­tality. He looks at it and thinks, "How can I produce this or something similar in my own industry?" 

3. A "normal" person is wish-focused. He daydreams about making gobs of money. A person with a  multimillionaire mind is reality-based. He is always analyzing his own success and the suc­cess of others and wondering how he could learn from it.

4. A "normal" person, when confronted with a challenging idea, thinks of all the reasons why it might not work. A person with a multimillionaire mind sees the potential in it and disregards the problems until he has a clear vision of how it might succeed.

5. A "normal" person resists change. A person with a multimillionaire mind embraces it.

6. A "normal" person accepts the status quo. A person with a multimillionaire mind is always looking to make things - even good things - better.

7. A "normal" person reacts. A person with a multimillionaire mind is proactive.

8. A "normal" person looks at a successful business owner and thinks, "That guy's lucky." Or "That guy's a shyster." A person with a multimillionaire mind thinks, "What's his secret?" And, "How can I do that?"

Most importantly, a person with a multimillionaire's mind likes living like a multimillionaire. He doesn't shortchange himself when it comes to comfort and luxury. Rather than believing always that pain leads to gain, he thinks, "If I'm smart I can have my cake and eat it too.

You can start your mental transformation by studying this list and assessing your own impulses. Be  honest. Identify the habits you don't have and try to develop them. Rather than think of this process as work, think of it as fun.

I've been talking about this rich mind concept for years. Everybody at ETR has had it drummed into him or her. Charlie Byrne, a copywriter and consultant, has taken a special interest in it. He's been studying my friends and other natural moneymakers for years. He's especially interested - like I am - in not just making the money, but enjoying the process.

A while ago, Charlie came to us with a proposal for a new product. He wanted to create the first newsletter that explored wealth building from this particular perspective. "Most of the newsletters out there are about investing in stocks and bonds and futures and so on," he explained. "But there are so many other ways to make money. And so many ways to save money. I want to do a newsletter that's about having fun with it and living the lifestyle.

He worked with a guy named Charles Newcastle, a bona-fide moneymaker with a multimillionaire's mind. Charles began his career as a commodity and currency Futures trader back in the 1980's. Since then, he has launched 41 successful businesses (and advised on many more). Charles has been successful in real estate, money management, collectibles, Internet ventures, software development and database marketing to name a few.

But the most important thing to keep in mind is that he didn't lose one dime in the market in 2008 and 2009. 

Together they have been working on the concept for about six months. They beta tested the newsletter as a membership club and have been adding new benefits to it almost every week.

Last month, for the first time, I had a chance to see the new working model. It was pretty exciting, I have to say. It incorporated my own ideas and many more. It's something I intend to read in the future, to upgrade my own brain. I want to be able to enjoy the fun of making money and the pleasures that go with it. And I want to be able to get all these good deals that Bernard and Jeff enjoy. I think this club will be able to help me do that.

The Liberty Street Investor, as we're calling it, will cover all sorts of moneymaking opportunities. Not just stocks and bonds and real estate, but commodities, precious metals, bonds, and other "under-the-radar" investments.

But it won't be a guru-driven newsletter. Charles will be looking all over the world, starting with my friends, to find out how people are having fun making money today.

I've been impressed with the contributions they have secured for the new, revamped issues. Included among the experts are none other than the likes of Doug Casey, Jim Rogers, Charles Newcastle, Marc Faber, Gary North, and Alexander Green, among many other professionals.

Here's an example of what they will be offering, base on a sales letter that they are finishing up right now:

• How to invest in an "undercover" profit opportunity 99 out of 100 people are not aware of - yet one that could generate more than $28,000 in just a few weeks time...

• The "secret" method the airlines will never tell you for flying around the world for practically nothing (or perhaps just jet off to the Caribbean to escape the cold winter)...

• How to rake in a 200% return on an investment in "The Green Technology Revolution"...

• Using your hidden "home equity" to collect an extra $500 by next weekend, repeatable week after week - even if you don't own a house (plus, you don't have to pay this back)...

• Paying off your Visa or MasterCard thanks to "reclaiming" the $4,302 your family threw away on gasoline last year? (this government "rebate" loophole is closing fast)...

• How to collect $500 to $1000 in hidden home equity...

• An insider's guide to building massive wealth (toss away money worries if you follow this simple plan)...

• The safe (and fun) way to real estate profits (without owning a single property)...

• How "Digital Farmers" are reaping massive cash crops (without getting their hands dirty)...

• Buying and selling this can be a lucrative side business (and the start up costs are minimal)...

• Insider dope: how to profit 15% to 40% from the "Great Diamond Hoax"...

• How the secret of Baron Rothschild could treat you "royally" too...

• Invest in "The Other Side Of Gold" safely And watch your portfolio sparkle...

• The safest way to make 200% in the next two years From the "green" technology revolution...

• How to collect $1000 to $1 million from Uncle Sam...

• Buying cars at deep, deep discounts...

• Never pay in full for magazines...

• "Chill Weekends" that make buying overseas real estate fun and profitable...

Plus they've convinced me to throw in the manuscript I've been writing on the subject... it's not exhaustive, but it does have some good ideas. Like...

• How to buy a car as good as a Ferrari... at one sixth the price...

• Easy ways to make a modest, three-bedroom home as comfortable as a king's palace...

• Warren Buffett's trick for creating the perfect (and ultra-productive) office environment...

• The secret to adding "stolen moments" of pleasure to your everyday schedule.

As I said, I'm going to be joining the Liberty Street Investor so that I can be stimulated by all these  good ideas. You can do so too with a very small investment... just ten cents a day... or you can make the change yourself by reading future articles in ETR on the subject and getting to work on changing your mental habits, as I've explained in the first part of this essay.

If the newsletter interests you, check out the The Wealth Trigger 

Control -vs- Surrender...

When someone mentions the word "Surrender", what does that mean to
you?  We commonly mistake surrender for giving up. Unfortunately
there is a fine line between obsessive control and determination or
between surrendering and giving up.The Secret Of Delibrate Creation

Imagine hanging onto a small branch on the side of a cliff. You
would hold on as tightly as possible to keep from falling to the
ground wouldn't you? You would grit your teeth with a dogged
determination vowing not to give up until help arrives. The last
thing you want to do is surrender to the inevitable fate of falling.

Now, what if I told you the danger is not real and that you are
actually only two feet from the ground? Would you loosen your grip
on the branch? Of course you would! This is Surrender. It is the
ability to relax one's grip on life in the place of the ILLUSION of
danger.

Yes. It is possible your business might fail. Your wife or husband
may divorce you. Your whole city could be wiped out by a natural
disaster or terrorist attack.  This doesn't mean you don't do what
you can to be prepared. But you are defeating yourself when you
try to control things outside of your direct influence. So
Surrender is demonstrated by the willingness to let go of the need
to control things OUTSIDE of your direct influence.

Surrender happens when you do what you can do in the moment, and
let go of the things that are outside of your control.

Here is a way to experience Control versus Surrender.  Clench your
fist. Make your hand so tight that nothing can slip through into
your palm. What would you do if I wanted to put $1,000 into the
palm of your hand right now? Would you keep your fist clenched or
would you surrender your clenched hand to accept what I am
offering?  Life works the same way.  When your mind is clenched,
you cannot open yourself to the riches you deserve.  Here is a
quote from Lao Tzu - "He who grasps loses."  Remember it!

Today will bring you a new awareness, a lesson or a manifestation
that you are making progress - IF YOU LOOK FOR IT!  No matter how
large or small, please record it in your Evidence Journal. It will
only take a few moments and will AUTOMATICALLY put you in the Flow.
The Secret Of Delibrate Creation
Truly Caring for Your Success!

clear your head ...

What's happening with you?


Just dropping in to share a cool tip with you.
Hope you're having a good week!
I've been quite busy this week with running my business !

I'm always on the internet, Hani ...looking for
informative Attention Deficit Disorder articles!  I found
one that I think you'll really like.


2 Tips for Transitions
 
by Mary Jane Johnson, PCC, ACT
 
 
1. For some AD/HD individuals, transitioning from work to
home can be a problem, as the stresses from a hard day at
work are often taken home at night.

Try to take at least 10 to 15 minutes at the end of each
workday (even if you have to stay after work for a few
minutes) to wrap up on any odds and ends and clean off
your desk.

Check your calendar/schedule to see if anything important
is due the following day, placing these folders and supporting
materials neatly on the middle of your desk for the morning.

This is closure for the workday.

Once that is done take a few minutes to look at your
calendar/schedule for anything that needs to be done
that evening at home. For instance, review what you
will be making for dinner and/or if you will need
to stop by the store on the way home.

Do you have an evening appointment or does
Johnny have a piano lesson tonight?

What chores need to be done?

This process brings your mind from focusing on work
issues to focusing on home issues. As you drive home
continue to review in your mind what needs to be
done when you get home.

That evening lay out your clothes for work the
next day, pack your lunch if needed, and place
all items that need to go with you in the morning
by the door you will be leaving from.

Later in the evening (or first thing in the morning),
review your calendar/schedule checking off items
that have been completed or writing in things that
need to be done at home the next evening and then
see what needs to be done when first arriving at
work the following day.

This provides closure at home and starts you thinking
about work. On the drive to work, continue to review
in your mind what needs to done at work.

When you arrive your important "to dos" for the
day will be waiting for you on your desk.

2. Many AD/HD individuals fail to plan for transitions.
When starting a project/task, and scheduling time on
your calendar/schedule to complete the project/task,
make sure to allow time for transitions.

Not only do you need to plan for the amount of time
it takes to work on the project/task, but you also
need to look at what steps it takes to get ready to
do the project (i.e., find a place to do it, get out
the necessary supplies, or go to the store to get
what you will need, etc.).

Add another 15-30 minutes to your project time to
transition into the project/task. Once the project
has been completed, another transition needs to
take place (i.e., clean up, put materials away, etc.)

Add another 10-15 minutes to project time to
transition out of the project/task. Planning ahead
for this additional time in your schedule enables
you to be more realistic about what you can actually
accomplish in a day.

Well, take care, and we'll see ya next time!

Home Discipline

I love the advertisements that offer you riches by working from

home.

You’ve seen these advertisements, “Make millions while working

in your pajamas”. They paint a picture of sleeping late, working

your own hours and living the dream.

Most of the people I know who work from home spend many hours ,

usually more than 8 hours a day, sitting in front of a computer.

Keep in mind that sitting most of your day will lead to health

problems and spinal/muscle pain.

More importantly, working from home requires discipline.

If you work from home, and your work requires sitting in front

of a computer, you need to stand every 20 minutes to stretch

your neck and back muscles.

If you do work from home, treat your work area as your office.

Some of the successful people I know who work from home, wake

early in the morning, exercise and shower before they enter

their home office just as if they were heading to work.

If you are an entrepreneur or starting a new career from your

home, your success will be determined by the strength of your

schedule.

Every Sunday, create your schedule for the week. Make sure your

schedule consist of leaving the house and interacting with

people at least 3-4 times per week. Internet surfing and text

messaging should be related to your goals for the day. Do not

answer any e-mail that is not related to your actions of the

day.

The Secret To Burning Fat

Adhering to a tight schedule will improve your chances of

success.

Have a great week!

Dr. Michael Kaye

Attract Riches Into Your Life with These Wealth Affirmations

There are several types of positive affirmations.

Among the most used of these are wealth affirmations.

Everybody wants to be wealthy. Who doesn't wish to be rich, right?

Affirmations are effective tools in attracting money into one's
life. They create attitudes in ourselves that are geared towards
the creation and accumulation of wealth. They make us focus our
attentions, thoughts and ideas.

Getting rid of barriers to effective wealth affirmations.

The more negative thoughts you have regarding money and wealth
matters, the less effective your wealth affirmations become. What
are these negative thoughts or barriers? The most common of these
is limiting the amount of wealth we can have.

The truth is there is no limit as to how much wealth you can
accumulate. A thousand dollars, a million dollars, a billion.
There's no cap to how rich you can get. So don't limit yourself.
Feel free to dream big. Bigger dreams will motivate you to work
harder and smarter than when you limit your dreams.

Choosing the right wealth affirmations for you.

You can make hundreds of wealth affirmations but at the end of the
day you will only be using one or two so decide on one that fits
your goals perfectly and stick with that single affirmation. One
key to success regarding affirmations is the absolute absence of
distractions. What happens if you simultaneously use several
affirmations is that you will be putting a lot more distractions on
yourself. You lose focus. You lose direction. When this happens,
you will only be doing yourself a disservice.

Are wealth affirmations effective?

The big answer to this question is "it depends". Do you want it to
be effective? Do you have what it takes to make it effective?
Wealth affirmations are effective only when the people using them
have focus, discipline, determination and the corresponding actions
that lead to the satisfactory accumulation and retention of wealth.

How long will the affirmations take effect?

It could be weeks. Months. Or even years. You have to understand
that the affirmations will not directly build the wealth for you.
They are simply the means towards that wealth. They merely instill
in you the right attitudes so that you will be able to focus on the
activities and tasks that really matter while eliminating the
negative thoughts that could become barriers on your quest towards
building wealth.
Mind Secret Exposed

Great examples of positive wealth affirmations.

1. I am wealthy beyond my wildest dreams.

2. My income increases every single day.

3. I put 100% of my efforts into achieving my goals.

4. I accumulate wealth with utmost honesty and integrity.

5. I am having the life I've always wanted.

6. I am prosperous and wealthy.

7. There is abundance all around me.

8. Money flows freely into my life.

9. I am successful and wealthy.

10. I am getting wealthier every passing day.

If you have never tried affirmations before, it is normal to be a
bit skeptic about the whole procedure. But there are more success
stories here than there are failures.

The people who amassed great wealth with the help of affirmations
speak for their effectiveness. Success and wealth indeed awaits
those who can see the value of wealth affirmations.

Mind Secret Exposed

Just wasting time

I received a shocking email from someone I respect the other day
that I want to share with you.

My friend just came right out and told me the brutal truth:

     "You're wasting months of your life for nothing."

Pretty scary. I had no idea what he meant so I kept reading...

"Look, just figure out how many hours you're spending in the gym
and doing cardio every week. Multiply that number by 52. Then email
me back."

So I did the math. It freaked me out! It was a lot more time than I
thought. I was spending literally YEARS of my life in the gym.
Let's not even talk about cooking food and eating 5-7 times a day.

It feels like my workout routine is like a second job sometimes.
Can you relate?

Anyway, I emailed him back and here's what he said:

"Okay, take that number down to less than an HOUR a week...tops.
How much time have you just added to your life?"

     The obvious answer: A lot!

By now I was wanting him to give me the answer. If there was a
workout program where I could see results in minutes a day versus
hours I was all ears.

He said, "Check out my latest book and video series."

Here's the website so you can see it too --

Check It Out Here

The guy I'm talking about is bestselling fitness author Jon Benson.
His latest book "7 Minute Muscle" is an absolute jaw-dropper. You
owe it to yourself to at least visit his homepage and discover what
this is all about.

Jon spent three years researching one simple question:  "How can
you get the MOST results in the LEAST amount of time?"

Seems like common sense, right? Well it's not. Most people are
spending FAR more time than necessary to get results.

And get this --

--- >  I learned that all that time in the gym
--- >  was keeping me from the body I wanted.

Of course there is more to the story than just "working out less."
This is not some gimmick that involves pills or gadgets either.
Honestly, it's hard work. But only 7 minutes of it.

     7 minutes. No joke.

After that 7 minutes you feel like your muscles will explode from
the pump. You get leaner, stronger, and you do it faster than any
other workout I've ever seen. Your energy shoots through the roof
to boot.

See for yourself --

Check It Out Here

 

I'm sure you'll love "7 Minute Muscle" as much as I do. Even more,
you love the months of life you'll get back by train smarter, not
longer.

Enjoy those extra hours of life!

Wishing You Continued Success

Dan Robey