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Posted on October 22, 2009 by Romy Rivera | Posted under Internet and Businesses Online
Adopoting a "Millionaire Mindset": A Four Step Formula
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Newsweek magazine reported that by 2005, 50% of the households in the United States were going to be involved in a home-based business! I'm sure that we surpassed the 52% by 2008. In spite that according to the Home-Based Business Institute, about 70% of home-based businesses will last over a three-year period, compared to 29% of other business ventures; only about 20% of these businesses have a year income from $100,000 to $500,000 (Pittsburgh Business Times) and less than 1% earn more than $1 million per year (SBA's Office of Advocacy). Although most home business owners start their business with the millionaire dream, most give up before or soon after the 3rd year. But why do you think, in spite of the increasing numbers, the success rate, measured by the income earned, for home based business keeps being low and how can that be changed? I strongly believe that it all originates with MINDSET. This is the reason I regard mindset as the basic ingredient in the process of becoming self employed. I like to clarify that when talking about mindset, it is irrelevant whether the business you want to establish is offline or online. As most business owners will tell you, building a business is 90% mindset. PERIOD. A great definition of mindset is "a solid and firm attritude that dictates the way you approach your business and life in general." Is it possible to adopt a millionaire mindset quickly? No. No matter what anyone else tells you. In order to change your mindset from employee to entrepreneur and millionaire for that matter, you have to work very hard at it for a long period of time. This is the main reason why you need 90% of your effort focus on building and transforming your mindset, if you want to succeed. If you compare the mindset of an employee with that of an entrepreneur you will find that these two are almost opposite. Therefore, going from an employee mindset to a business person midset requires a 360 degree turn. So here are the steps that I found helped me tremendously to go from being an employee for 13 years to becoming a business woman in less than 3 years. 1. Take all the time you need clarifying your main purpose in life. Be able to objectively describe why you want to become self employed. Your life purpose and the reasoning behind your self employment goal has to be very strong if you truly want to succeed. 2. Visualize the dream. Spend at least 20 minutes everyday, morning or night, "day dreaming" about your goal. Picture yourself being self employed already, how do you run your business? what things you do?, etc. Make this visualizing process a daily habit! 3. Practice thought substitution. Make a list of all the thoughts you currently have that might in a way interfere with you achieving your dream. Thoughts like "I'm not a business person" "I'm not good at selling" "I know nothing about Internet" Substitute this type of thinking with the opposite: "I'm a business person" and "I will become a top Internet Marketer." 4.Educate yourself on mindset shifting. No, you can't change your mindset overnight, but you CAN totally transform it after training it consistently. The best authors I can recommend you to start this process of mindset training are Jeffrey Combs, Harv Eker, and Wayne Dyer ("Excuses Begone"). After practicing these 4 steps and making them part of your daily routine, you will easily shift your mindset and turn it into your most precious ally for achieving whatever you set yourself to acquire. About The Author: Find a video version of "The 4 Steps to a Millionaire Mindset" in Romy's site. Romy Rivera is an Expert Internet Marketer and the author of the 9 videos formula to "Become Self Employed" Through Internet in 3 Months. |
Tags: "MILLIONAIRE MINDSET", "MILLIONAIRES", "THE", "COLLECTION", "SEMINAR", "PROGRAM", "REVIEW", "MILLIONARE"
