Those who have earned their 1st Million didn’t have becoming a millionaire as their goal. Instead, their goal was made up of more than making money, it was made up of a burning desire to actualize into reality the thing that would add value into the everyday lives of everyday people.
“If we work together, we’ll lower the cost of living for everyone…. we’ll give the world an opportunity to see what it’s like to save and have a better life.”
Sam Walton, Founder of Walmart
We’ve all heard it a million times, that to succeed, one must 1st have a mission statement. While this remains a truism, what I see happening more and more, is that entrepreneurs are crafting mission statements more for marketing and press purposes than for a personal representation of their vision and roadmap to achieving its goal. There appears to be more of a priority placed on making money than making a difference. And, as much as making money is an imperative to taking care of one’s basic needs for security, growth and to make a broader impact in the world, the #1 imperative is to focus on manifesting your vision over that of manifesting millions. When one keeps good priority order, the money will follow.
“To make a contribution to the world by making tools for the mind that advance mankind.”
Steve Jobs as quoted by The New Economist, 1980
I encourage you, right here and now today, to take a hard look at your existing mission statement. Is it an authentic personal reflection of your own divinely inspired vision and burning desire to add value to the lives of those you desire to serve?
Once you’ve taken a hard look at your mission statement, and made any necessary amendments, you can then move forward with incorporating the following into your daily mindset and actions to speed your way to making your 1st million:
8 Steps to Making Your 1st Million
1. Have a Well-Defined Major Purpose: A well- defined purpose is one that clearly identifies your unique role in the world, the purpose for your life, and the purpose for the money you will acquire.
2. Prioritize Increasing the Wealth and Well-Being of Others: Use this as your #1 driving force and define and deliver a system to accomplish it.
3. Give Yourself Permission to Experiment: Understand that some of the worlds most successful innovations came after vast experimentation. Allow yourself to try different modes and models until you find the one that you know in your gut is the right road for you to take.
4. Seek to See What’s Not There: Having the vision to see what’s not in existence is what creates magical innovations that change the lives of all humanity. Get in the practice of asking yourself “What’s missing? What’s not being done?”.
5. Do Your Homework: Research, Compile Data, Analyze, Plan and Then Act: Make a regular practice to research, develop and deploy.
6. Start Saving to Invest ASAP: Always seek to save to invest, invest as soon as you can, and on an ongoing basis. However, do keep a strong cash on hand supply. Do not over-extend.
7. Trust Your Instincts and Let Them Lead You: You can seek and listen to expert advice, but never go against your gut instincts or go against your better judgement or values.
8. Diversify and Take Calculated Risks: You simply will not become a millionaire if you don’t invest, take calculated risks and diversify. However, diversify only into industries that you have gained a level of knowledge and expertise in.
In Closing My Shocking Confession: Everyone predicted I would fail at being a real estate broker because I regularly advised prospective clients to hold rather than sell. Yep, that was me. Turning away business and walking away from guaranteed money in the bank. I had one extremely large deal that was a 7-figure commission due me. The deal went all the way through to last two days of due diligence when my client told me they were going to move forward, go hard with their deposit and close. I had just found out the books of the property had been cooked. I was 15 days away from a 7-figure bank deposit. What did I do? I told him to cancel the deal. I may have lost that money, but I had held dearly to the practice of putting my client’s wealth and well-being as a #1 priority over my own pocket book for many years and it’s what allowed me to build a global network of investors who trust me and to become a self-made millionaire.
I’m going to share a shocking truth that I experience practically on a daily basis. It still, even after decades of entrepreneurialism, never ceases to render me speechless. I want to share it so that it will help you to attain far greater success in shorter time frames. So, here it goes…
The truth is that there exist two classes of achievers. There is the genuine achiever and then there is the counterfeit variety. And, here’s the tricky part. It’s sometimes very difficult to discern which one a person is. One of the reasons why it’s so difficult to decipher is that a large segment of the counterfeit achiever class truly believes they are the real deal! They go to work each day, have all the key social media channels up and running, network, make sales calls and set appointments. On the face of it, they appear to be doing what successful people do. But, they have certain habits that if you aren’t aware of or chose to ignore, will rob you of achieving maximum success in minimum time.
Here Are the Top 6 Habits of the Success Bandit:
1. Catfishes: Lures prospects into a relationship (business or personal) by means of a fictional online or offline persona. Yes, they do this not only on Facebook, but also on Linked In.
2. Disrespects Your Time: Sets appointments only to cancel at the last minute, stand you up or show up late. And, often has the gumption to continue to contact you time and time again.
3. Doesn’t Follow Through: Has a great offering, but doesn’t ever put in the work to close the deal.
4. Talk and No Walk: The smooth talker. Charismatic, smart, knows what they are talking about and repeatedly makes promises and fails to honor them.
5. Regularly Goes Dark: Here one day and gone the next which always leaves you wondering if you will ever hear from them again. Until, yep, you get that text, email or call saying, “I haven’t forgotten about you. I’m still here and working on it”, only to disappear again.
6. Unrealistic: They frequently pursue that which is beyond their level of expertise
The number 1 way to avoid both the intentional and unintentional success bandit is to do your due diligence no matter how good something sounds or looks. Due diligence means you never rush into anything regardless of your need to have something happen right away. Before you formally engage someone, ask for and call 3 references that they’ve done business with in the last 6 to 12 months. And, most importantly, do not ignore the signs of the success bandit!
Lastly, if you identify with some or all of the signs, and consistently wonder why you aren’t achieving the kind of success you feel you should be having, be honest with yourself, modify your habits and behavior, and watch as you finally become a genuine achiever.
This is not a personal rant. This is me, sharing my direct experience, to help you in becoming hyper-vigilant to quickly and expertly recognize who to choose to associate with that will most easily and effortlessly expedite your time to achieving the outcomes you desire. Cut to the chase and weed out the chaff! It doesn’t make you mean, it makes you smart and successful.
In Closing My Shocking Confession: I was interviewing companies to award a contract to handle a very important aspect of a global operation. I reached out to my colleagues to get recommendations feeling like that was the smartest way to cut to the chase and weed out the chaff. I was excited and confident about the prospects because they came from high profile and highly reputable corporations. Wow, was I shocked and disappointed. The CEO of the #1 prospect arranged three separate conference calls over a protracted period of time (often leaving me wondering if she was ever going to follow through) pulling in different senior executives each time to be a part of the needs analysis. I documented each call with a follow up email. On the last call, we clearly defined next steps. I never heard from them again, they never sent the needed documents. I moved on to my next best candidate. Lo and behold, many weeks later, I get a phone call from the CEO asking me to call her back. There was nothing more to talk about. The Success Bandit had already wasted enough time and energy.
My mistake here was that I had failed to perform my standard due diligence practice of talking to at least 3 references and had ignored the red flags because she had been referred by a hugely successful global corporation.
I was honored to be a guest on the popular business and investing podcast, Cashflow Ninja, with M.C. Laubscher of Valhallah Wealth. Cashflow Ninja (http://cashflowninja.com/), is featured on iTunes New and Noteworthy in Business, Education, and Health.
The show receives approximately 70,000 downloads per month and is listened to in over 150 countries! Previous guests include Robert Kiyosaki, and Bitcoin entrepreneur, Roger Ver.
The mission of the podcast, Cashflow Ninja, is to empower and inspire people to discover how to generate their own income in the Information Age and manage, grow and protect their own wealth in the New Economy.
In my Episode, You’ll Learn:
- The Revolutionary New Definition of Success that allows you to create a lifetime of wealth and wellbeing amid today’s global challenges
- The Two Single Most Important Questions you need to answer to jump start your shortcut to Maximum Riches in Minimum Time
- The Best Advice I ever received that directly impacted my ability to become a self-made millionaire
- The Biggest Lesson I learned on my journey to becoming a successful investor and entrepreneur
- My Top Insider Wealth Building Strategies that I personally use every day
- The 3 Most Important Success Principles that I relentlessly live by and hope to pass down to future generations for the creation of a more compassionate, wealthy, healthy and sustainably successful world
If you want to achieve maximum riches in minimum time and do great deeds in the world just by following a few core wealth and well-being strategies, download my episode here to make it happen now:
Download, enjoy, share and feel free to comment.
Here’s to your ever-increasing wealth and well-being!
Linda, The Success Packager
Success isn’t finite. It’s an on-going endeavor. It’s sooo not cool for the media, culture and “success gurus” to lead us on to believe that success is the attainment of a singular goal. Success, at least in my playbook, is defined as a lifetime achievement of wealth and well-being. Any achievement short of that is representative of a step towards that goal and not a final destination.
It may seem daunting to some of you reading this post, that wealth and well-being is a lifetime endeavor. But, the truth is that any achievement of success, organically leads one to have to apply oneself to the preservation, protection and growth of that success achieved. The bottom line is that if you’re not growing your wealth and well-being then you’re depleting what resources you already have. It’s as simple as that.
Here’s the good news. It isn’t as daunting as it may seem at first blush. There is only 1 thing you need to do to ensure that your wealth and well-being becomes a never-ending vein of gold for you to continue to draw from. That thing is (it’s what every gold miner does on a daily basis)— to continuously prospect for gold.
Cambridge Dictionary defines prospecting as: “The activity of searching for gold, oil, or other valuable substances on or under the surface of the Earth”. And, that is exactly what needs to be done to ensure a lifetime of wealth and well-being. We need to continue to dig deep for the gold in all areas of our lives. We need to keep prospecting for both the internal and external wealth.
And, the truth is that optimal and sustainable health, wealth and well-being comes from becoming inside rich which makes one fit for sustainable success.
“As simple as it sounds, we all must try to be the best person we can: by making the best choices, by making the most of the talents we’ve been given.”
~ Mary Lou Retton, USA gold medalist in gymnastics in 1984
The #1 priority, first and foremost, if you want to have a lifetime of optimal wealth and well-being, is to actively and continuously dig deep within the well of your own being to extract the gold that lies within and then carry it out into the world to prospect for the best like-minded, values aligned prospects to team with to preserve, protect and expand your wealth and well-being.
Will you choose to Go for the Gold for a lifetime of wealth and well-being by becoming a daily prospector?
In Closing My Shocking Confession: I had just banked a HUGE check. It was enough to last some people a lifetime. I thought to myself “Wow, now I can just relax and coast for years to come.” I had worked super hard to earn that check and it had necessitated me to prospect deep within the well of my own body, mind and spirit to uncover and extract the valuable assets hidden deep within to harness the mental, physical, spiritual and financial strength required to carry me through the challenges along the way. It’s true, the answers always lie deep within ourselves…where to go, what to do, who to choose. After I banked that check, I took two days off to prospect deep within myself for the discovery of my next move. I prayed, meditated, walked out in nature, and on that 2nd night I had a blissful night sleep. Upon awakening, I began to prospect once again…for my next gold strike. You see, I have a lot I want to give to the world…there is no time to coast.
Everyone wants more money, whether they admit it or not. Some people are ashamed to admit they want more because they think it makes them a bad person. It doesn’t make you bad for wanting to improve the quality of your own or others’ lives! Admit it! Go ahead and say it out loud “I want more money”! Own it! And, if you can’t own the fact that you want more, then the deficit of intention and desire is going to cause a deficit in the amount of financial well-being that you can create.
Yes, belief and intention are a strong part of the wealth creation process and you must have both the belief that you CAN have it and the intention that you WILL have it. But, the most powerful step in wealth creation lies beyond mindset. Positive mindset must move you from thinking to doing the things that support your belief and intention. Otherwise, the disharmony will prevent wealth creation. So, go ahead and master your mind, but then you must mind your habits.
Don’t make a HABIT out of choosing what feels good over what’s actually good for you.”
The mind ignites the mind over matter process, but it’s one’s habits that cause the manifestation of one’s goal.
Here are the Five Common Bad Money Habits to Avoid in Your Quest for Wealth:
1. Lack of Impulse Control: You see it and you must have it. You can’t stop yourself from spending when you’re confronted with that yummy thing even when you know it’s not good for you or your pocket book. Avoid places you know trigger spending on what you can’t afford or the things that don’t assist you in attaining your goals.
2. Not Asking for What You Want: Fear of asking for what you rationally and realistically deserve. Understand your worth, conquer your fear and just do it. Those who don’t ask, don’t get.
3. Putting All Your Eggs in One Basket: Entire Countries have gone bankrupt and banks have gone under. Mitigate potential loss, preserve and grow your wealth by diversifying. Don’t wait until “some day when I ..”.
4. Avoiding Reality: I know it’s easier to be in denial rather than to accept the reality of what you have, don’t have and what needs to be done to get control over your financial situation. But, you must face reality head on and get outside help if you need it. Face the facts and reap the rewards.
5. Harmfully Rewarding yourself: I witness this one all the time. Yes, you’ve worked hard and you’ve just accomplished a goal and you deserve to reward yourself. But, rewarding yourself with something that feels good today, yet causes you a loss tomorrow, is not a reward, it’s self-punishment. A reward isn’t something that hurts your financial or physical health.
Make up your mind to give yourself a money make-over by taking a fearless inventory of your top five bad money habits. Write them down. Next, write down the positive new ones that you commit to replacing them with.
Now, go out and prosper! YOU GOT THIS! If I could do it, you can too.
In Closing My Shocking Confession: I like nice things. Period. It’s in my blood LOL. But, I have great impulse control. I do not indulge in any behavior or bad habit that causes me financial or physical harm. That’s just how I roll. Nowadays that is. But, I wasn’t always this way. Quite the opposite. There were those years before I transformed myself, that I thought it really cool and a sign of success to buy that brand-new Porsche that I couldn’t really afford or score some drugs and go out on a 2 day “celebration” bender when I closed deals. Thank God, I figured out that trading what feels good in the moment for what actually is good for me, is the key to success.