While some people like to argue that money isn’t a true measure of success, money is just a way to buy yourself freedom. It gives you the freedom to do the things you always wanted to do and to spend time your own way.
As a result of that, everyone has some sort of monetary goal that they want to achieve. Becoming a millionaire nowadays isn’t as hard as it may seem on the outside. With the right mindset and approach, anyone can essentially achieve it.
In this post, I’m going to share 7 signs you’re on the right track for becoming a millionaire:
1. You’re investing instead of saving
The best type of income is the one where you get paid without having to do much work. Why do the wealthier get even wealthier every single day? Wise investments. If you have money, don’t store it under your mattress. Instead, find a place where you can double, triple or quadruple it. For example, by compounding it.
Millionaires believe in creating a rainy day fund that they never touch. Aside from that, all other money is invested into various types of money-making avenues. Every time you earn a dollar, think about how you can double it.
2. You’re dreaming big
One of my favorite quotes is, “Shoot for the moon. Even if you miss, you’ll land amongst the stars.” When people are setting a goal of one million dollars, you’re setting a goal of 25 million dollars. If you have that kind of attitude, you’re dreaming big.
What you dream and essentially think about continuously is what ends up happening. It’s the Law of Attraction and it plays a huge factor when it comes to wealth. Don’t go for the minimum, instead shoot for the most unrealistic goal you can think of.
3. You never say no to an opportunity
Opportunities are always coming and going. However, millionaires don’t think like that. They don’t know which opportunity or connection it is that can take them over the top so they keep an open mind when it comes to everything.
If you’re passing down opportunities without even hearing them, you’re missing out big time. It only takes one big success to earn a ridiculous amount of wealth. Smart individuals are always waiting and keeping an open mind when someone is bringing them an opportunity.
4. You’re learning everyday
Darwin said it the best when he said it’s not the strongest or the most intelligent of the species that survives. Instead, it’s the one who is most adaptable to change. The world is constantly changing every single day and you need to keep up with it.
If you’re stuck with the old ways, you’re not going to be wealthy or successful. Millionaires are learning and educating themselves every single day on what changes they can make to have the upper hand tomorrow.
5. You’d rather be anything but poor
Being poor or wealthy is really a mindset. Bill Gates said it best when he said, “If you’re born poor, it’s not your mistake. But if you die poor, it is your mistake.”
Those are some extremely powerful words delivered by one of the wealthiest individuals in the world. If you’ve ever lived a day poor in your life, you truly understand how much it sucks. Use that as your fuel and motivation to promise yourself that you’re not going to go through that life ever again.
6. You’re a goal setter
Setting goals is crucial to success in anything. If you’re aimlessly working without having a purpose, you’re not going to be successful. You need to write down your goals and make sure that you’re working towards them every single day.
By setting goals, you don’t just want to set that big goal of earning a ton of money. If you want to earn $10 million dollars in 5 years. You might set a goal such as earning $500,000 the first year, $1.5 million the second year and so forth. Set small goals that lead towards your larger goal.
7. You’re passionate
If you’re not passionate about what you do, you’re not going to be successful at it. Talent can only take you so far. If you don’t love what you do, it’s going to be real hard to get up and put the work in every single day.
Millionaires are so successful because they love what they do and they’re willing to put in additional hours even if it doesn’t necessarily mean getting paid for that time. Find a passion of yours and use that to generate income. You’ll be much happier this way.
Conclusion
As mentioned earlier, earning a million dollars isn’t that wild of a thought anymore. In this post, we shared 7 signs you’re on the right track for becoming a millionaire.
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Author: Jeet Banerjee
Jeet Banerjee is a serial entrepreneur, author, digital marketing consultant, and public speaker. You can find out more about him on his website.
