It is hard for you to get rich if you don’t believe it’s possible.
It’s hard for you to become wealthy if you consciously or unconsciously feel a little guilty about wanting more.
It’s difficult to maintain your wealth if you’re afraid of losing money.
Nevertheless, the truth is that building, attracting, and maintaining wealth begins in your mind.
It may sound strange to some people, but nonetheless, it’s true.
What do you think about money?
Is it forbidden (“money is the root of all evil”)? Or neutral? Or maybe a means of doing potentially good stuff, like donating to orphans?
What do you tell yourself about money?
Here are some habits that can help you build generational wealth.
1. Visualize and Believe that You are Wealthy
Our minds give us what we ask for.
If you feel insecure and involuntarily fear losing it all, your mind will do anything to attract said disaster.
Your mind really wants you to be the master.
It wants you to succeed in anything you imagine.
Whatever you fear becomes a kind of prophecy.
If, on the other hand, you imagine yourself in prosperity, you will get a huge tailwind.
So why not just decide to believe in the best from the start?
You can’t gain speed when you’re stepping on the brakes
Warren Buffett said as a child that he would become a millionaire before he turned 30. He envisioned himself as rich from the very beginning.
Maybe that was precisely why he became the richest man in the world (until he started donating his fortune).
While you’re at it, imagine all the good things you will do with that wealth.
2. Set Ambitious Goals
Strong goals are the driving force that gets you moving at high speed.
It’s important to set big, juicy goals – otherwise you’re like a car without fuel.
When setting goals, don’t be like a grumpy, realistic grandpa.
If you set yourself a goal that’s in line with the progress you’re experiencing today, the energy will be flat from the outset. Why? Because there’s not really anything new in it, is there?
If you 10x the goal, you’re guaranteed to fly up from the chair with the question: “Cool, when do we get started?”
Let’s say you launch a small business and your goal is a turnover of 1 million the first year. It’s realistic and on par with your closest competitors.
If, on the other hand, you say to yourself that your turnover needs to be 10 million, then it starts to feel wild and fun.
Likewise, if your realistic goal is 10 million, up it to 100 million. Wild stuff, right?
Something happens with the energy when the goal is challenging. You become much more driven to succeed.
Your imagination is stimulated to think up new solutions all the time because you can’t get there by doing what you usually do.
3. Make Up Your Mind Wholeheartedly
The main reason most people don’t really change their lives is that they never really commit to it.
They just let the days come and go without committing wholeheartedly to whatever it is. There’s a “but” in there somewhere.
Maybe you’re on the verge of deciding to begin investing in the stock market.
Maybe you’re considering starting your own business.
Maybe it’s something completely different you’re undecided about.
Whatever it is, you know what you need to decide wholeheartedly to do.
Things start to shift when you’re 100% committed to it. The universe aligns in a crazy way to help you.
4. Ask Good Questions
We all face difficult days and unexpected events in life.
How we handle them differs enormously.
The same type of event can cause one person to become depressed and another person to commit to change.
Why do we react so differently?
Much of it has to do with the conversation we have with ourselves.
If you slow down and listen to your thoughts, you’ll hear some phrases repeated over and over again in your mind. Maybe you hear some questions too.
What type of questions do you ask yourself?
Do those questions drive you forward? Are they motivating? Or are they knocking you down?
Do you tend to ask, “Why does this always happen to me?” or “What did I do wrong?”
Or do you ask more motivating types of questions, like: “What can I learn from this?”, “How can I make sure it doesn’t happen again?”, or “how can I be grateful that this happened?”.
5. Focus, Focus, Focus
When Warren Buffett and Bill Gates met for the first time, the host asked what the most important factor contributing to their successes was.
They are both extremely wealthy. One, as you probably know, because of coding and building software, and the other, through investing.
They both gave the same one-word answer: focus.
You may have heard that it takes 10,000 hours to become really good at something.
No doubt Warren Buffett put 10,000 hours into learning about money and stock market investments before approaching the first investor for the original partnership.
No doubt Bill Gates put 10,000 hours into programming in his parents’ basement long before he even established Microsoft.
Are you ready to put 10,000 hours into something in order to have an extraordinary life?
Do you want to put 10,000 hours into learning how to invest? How about 1,000 hours? 100?
10,000 hours is enough to make almost anybody bail, but the good news is that you don’t need to put 10,000 hours into investing in the stock market in order to succeed with it.
The good news is that there’s a shortcut.
You can learn from others who have focused and spent 10,ooo hours learning it.
If you are willing to spend time learning from someone who has put in 10,000 hours of learning, you can get to a pretty high level much faster.
To jump some plateaus, it’s an excellent idea to learn from someone who knows more about a subject than you do. Learn from the best.
That way, you can save time by learning from others’ mistakes and successes and fast-track your success.
Learn faster by downloading my free e-book. Click here to get it.