Millionaire Mindset

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If you want to form a millionaire mindset, start with these four ideas.

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#1. Focus on your top value activities. It doesn't matter if your top value operation is goods development, beginning an ad campaign, or just plain old selling, just focus on the most important thing. A someone with a millionaire mindset will not emphasize office furniture or much less critical time wasters. Remember that 20% of your activities supervene in 80% of your results. Focus on the most important things.

#2. Focus on assets. You need sufficient cash reserves. Not just an accident fund, but some funds to advance or make acquisitions or to advertise, etc. You need sufficient money you can "piss in the tall weeds with the big dogs".

In addition, you need to max your Roth Ira and Sep Ira. Look into both types of accounts immediately. Ask a fee only financial planner about both these plans (and check references).

Outside of retirement plans, you still need more assets to earn money for you while you work at your main firm or for your employer. These assets include businesses, real estate, bonds, stocks, Ip, notes, your websites, and there are still more assets. You can also own asset and other items like ships, planes, art, vehicles, and equipment that you can use, trade or sell.

Buy things that make money and use time as wisely as you can! Remember that time and salutary relationships are assets too.

#3. Squeeze the most out of each deal. Become a deal maker. Be persuasive. Sell assets and then buy better assets. Be creative. Remember, in order to not lose your shirt in a deal you must know exactly what you are doing. Do your due diligence and think things through! This leads to idea whole four...

#4. Move quickly, anticipate and plan. Move speedily to put your plans into action. Don't start procrastinating. Anticipate things that customers or competitors will say. Seek council from an experienced firm consultant, or other expert if you think you need help. Having a good mastermind is a plus too. Lastly, generate solid plans and back up plans. As Donald Trump says, "Take care of the downside and the upside will take care of itself."

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