Get The Millionaire Mindset

Ginger of Girls Just Want To Have Funds picks apart the millionaire mindset. We have a few things in common. One might be a love for Cyndi Lauper (I’m making an assumption here), and the other is a desire to be a millionaire.

How to Become a Millionaire

Ginger has read books like How to Think Like a Millionaire and The Millionaire Next Door and digested that information in order to develop the millionaire mindset. She comes away with five key points:

1. Belief in Self - This may sound like common sense, but it’s amazing how many people mess it up. If you don’t believe you will become a millionaire, no one else will.
2. Passionate about Life Goals - I found that to be successful in anything, you need to have passion. If you don’t have that passion, the job is going to seem like climbing Mt. Everest.
3. SMART Goals - Wikipedia gives the breakdown on this project management skill.
4. Learn from Mistakes - If you can get buy without making a mistake, fantastic… Even Michael Jordan missed a lot of shots and lost a lot of games in his time. He learned from them though, and eventually became the best basketball player the world has known (and becoming a millionaire many times over).
5. Frugality - Of all the parts, I disagree with Ginger on this one the most. I have read about people in NYC and California who are millionaires, but weren’t particularly frugal. Instead they were lucky or extremely talented (in the top .00000001% of what they do). Since you can’t count on luck or being that talented, control your own millionaire destiny by being frugal

Are you on your way to becoming a millionaire? Do you have the millionaire mindset?

This entry was posted on Friday, May 16th, 2008 at 9:48 pm and is filed under Become a Millionaire. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.