Tapping into the millionaire mindset
When I first began my quest for financial independence,
many of the books I read or the speakers I listened to(I
read a LOT of books, bought a lot of tapes, and attended a
LOT of seminars) all talked about the "psychological
aspect" of success. This was frustrating to me because I
wanted to learn of a vehicle to take me to financial
success. I did not want to hear the psychological mumbo
jumbo.
However, once I DID find a vehicle and began to prosper
financially, I discovered how important the mind really is
to be at your best-both physically and emotionally, as well
as financially.To ignore this, you will find yourself far
less successful than you could be.
This fact was brought home to me recently when one of my
clients was getting discouraged. Her home business was not
growing as fast as she wanted it to. In fact, she had been
in business for over a month-and still had not made any
money! How dreadful! She was discouraged and seemed ready
to give up.
I had to remind her, in addition to being patient, she also
had to change her mindset. She had a full time job where
she was an employee, and had an employee mindset. she works
40 or so hours per week and gets a paycheck every week or
so. You work for someone else, you get paid. Employee
mindset.
However, in a business, you must have an entrepreneur
mindset. Many entrepreneurs work 60, 70, even 80 hours a
week, especially in the beginning of their enterprise. And,
many times, the payoff is not immediate. However, as you
GROW your business, you will find the payoff can be GREAT.
Personal satisfaction as well as the potential to earn far
MORE money than you could ever make working for somebody
else. But you must change your mindset.
There is an irrefutable law of life, it's even mentioned in
the Bible. It is that you reap what you sow. Put another
way, what goes around comes around. Even though many people
think this is commone sense and needs no explanation, for
those that have never heard of this concept, I will
explain. Quite simply and literally, if you plant an apple
seed in good soil, you will grow an apple tree. Plant an
orange seed, you will grow an orange tree.
Figuratively speaking, if you go around showing love and
concern for others, others will also show love and concern
for you. Conversly, if you sow hatred and bitterness toward
others, you will find that others show hatred and
bitterness toward you. You do reap what you sow.
So what does this have to do with business? Everything!
First of all, when you are an employee, you need to find
out all about your employer, what is required of your job,
what you are expected to do, and what you need to do to get
raises, more benefits, etc. If you do these things, that is
planting a seed(sowing) and, if you do the things you are
supposed to, you most likely will get raises and extra
benefits(reaping.)
In the same way, when you start a business, you need a
different mindset than you have as an employee. You are not
working by the clock(not paid by the hour) but you are
working by the job, what can you get done. If you are
selling somethiing in your business, it may take you 10
hours to make a $200 profit. That of course comes to
$20/hour. But again, we are not to think that way-that is
how employess think. It may take 100 hours to make the $200
profit-that comes to only $2/hr. Nobody would work for
that! But, with an entrepreneur mindset, you realize you
are building your business. Eventually, all the time you
put in your business will pay off-if you do NOT uproot the
seed(quit!)
Somehow, we have heard stories of a few individuals that
have literally made millions of dollars in their new
internet business almost overnight. I liken that to the
Charles Atlas stories I used to read on the backs of comic
books when I was a kid.
Charles Atlas claimed that in just a few weeks, he could
turn a skinny kid into a hunk of muscle that could fight
off any bully. I often run into people in the gym that are
afraid they are gonna get too muscular. All I can say
is-don't worry, it is not gonna happen!
Anybody that has not been blessed with a geneticaly perfect
body knows that to lose (or gain) weight in the right
places is not all that easy. It takes hard work and
discipline and eventually changes are made. Exercise, rest
and eating right will make a difference. There are the
exceptions that can eat anything and never gain a pound, or
the bodybuilders that can just work out occasionally and
not eat right and still look great. But these are the
exceptions-not the rule.
It is the same way in business. Occasionally, someone will
have a new idea, concept or way of doing something and they
quickly make a fortune-almost overnight. But these are
exceptions-not the rule. And most of the time, we find
these "overnight successes" usually stuggled for years
before their "overnight" success. An example that comes to
my mind is Bill Gates. He had been an entrepreneur for
years before he "suddenly" became one of the richest men
ever!
The whole point of this article is, there are really very
few overnight successes. There are shortcuts you can take
in your quest for success(such as getting a mentor, reading
books, going to seminars) but to succeed in your business,
you must continue to plant seeds to reap a harvest. You may
find yourself working for $2/hr or less in your business,
but that is ok. If you do NOT quit, you will find yourself
making $200, or even $2000/hr or MORE.
Find a business you love, do what you have to do, keep
working it, learn all you can about it, keep your full time
job at the start(if you can) give great customer service
and you will find, eventually, you will gain personal as
well as financially freedom in your own business. You will
also become a more well rounded individual that enjoys life
much more as well!
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John Abbott, a former radio broadcaster, is a successful
Author, Speaker and Business Owner. He helps others achieve
success in their own business. He specializes in Real
Estate Investing and Internet Marketing. For more
information, visit: http://www.wealthymarketer888.com
