Monday, June 13, 2011

The Millionaire Mindset

I read a great blog post on Yahoo! Finance. The blog post was entitled, Don’t Worry, Be Wealthy: Easiest Time Ever to Make Millions, Author Siebold Says. I'm copying the last portion of the blog post here because I think it's important for business owners to keep this in mind at all times. Some of the statements refer to employees instead of business owners but some business owners still have an employee mindset. (i.e., The owners run their companies as lifestyle companies instead of viable, sustainable entities wholly separate from themselves.) Notice the point about finding problems that are profitable to solve. Isn't that what the successful businesses do? Solve others' problems? The bolded items are from the blogger, not mine.


The Millionaire Mindset

There are key differences between the way rich people look at money and the way the rest of us do, according to Siebold:

  • Wealthy people look at money in positive terms and as an opportunity, where as most of us live in fear of being laid off or not having enough money for retirement.
  • Instead of worrying about running out of money, soon to be millionaires are thinking how to make more money. World-class performers are finding problems that are profitable to solve. They know that just because a solution hasn't been discovered yet doesn't mean it doesn't exist.
  • Millionaires tend to move towards what they want, rather than move away from what they don't want, which is what the masses most often do.
  • World-class thinkers have the guts to be optimistic right now in these shaky times and reject the middle-class cynicism that plagues the masses. It's not comfortable for a millionaire in the making to forge ahead when everyone around him or her is negative, cynical and unsupportive, yet the great ones push forward and are rewarded with riches for the rest of their lives.

Siebold's bottom line: "Take inventory of your consciousness and the way you think about money and ask yourself: Is this the way a rich person thinks or someone in the middle class thinks about money?"

1 comment:

Unknown said...

Hello Tiffany,

I am Neil Williams. I am a full time blogger and content writer. I write financial articles for sites on finance niche. Today, while searching for a suitable platform, I just come across your blog. It's a good site with useful and informative articles. Good work!

I wish to contribute one guest post to your wonderful site. I wonder if you can allow me to do so. My article will be on a financial topic such as on personal finance, tax, small business, money, investment, banking, economy, debt, mortgage, retirement or so (you too can suggest me a topic). Rest assured my article will be 100% original, exclusive and will be in accordance with your blog's core content.

In return, if you wish, you too can make guest posts in my blogs or sites or take suitable backlinks from the same. (I have 30 sites and close to 20 blogs on finance niche)

To sum up, you will get a fresh relevant article to your site and a backlink to your site, if you wish so. My article will contain only one related link of my site. Rest assured of this.

Please reach me at my mail ids: neil.williams2009 [at] gmail [dot] com or at neil [at] debtconsolidationcare [dot] com.

I will look forward to your positive reply shortly.

Thanking you,


About Me

Popular Posts

Designed By Seo Blogger Templates