How to Become a Millionaire: Start Thinking Like One | Brian Tracy | TAKE RESPONSIBILITY

Introduction

I think you’ll agree with me when I say that everyone wants to know how to become a millionaire and get rich. Unfortunately, some people just don’t know where to start. You’d be surprised to know that you can become rich your own way starting from today. Before we begin, let me congratulate you on deciding to educate yourself. Now, I’d like to make a note, I want you to be extremely focused and attentive because I have a gift for you throughout the video.

Starting from Nothing

More than 80% of self-made millionaires in the United States started with nothing or in many cases, less than nothing. I can certainly relate to that because when I was young and in my early 30s, I never had extra money to start a fortune. It seemed like there were always bills, if not more than enough bills, to absorb every penny I earned. I was always in debt. I recommend you be prepared for your opportunity because even if a great business opportunity presented itself, you wouldn’t have been able to do anything with it for the simple reason that you wouldn’t have had the right mindset to do so.

When I started studying financial success and self-made millionaires, I realized that almost everyone around me was in the same boat. The idea of becoming really rich was a distant dream with very few chances of coming true. You might find yourself in the same situation with more bills than money or assets. You just have to look at the numbers to realize it. The statistics are a bit scary. Out of 100 people who reach retirement age, according to insurance industry statistics, only one will be rich, four out of 100 will be financially independent, 15 will have some savings put aside, and the other 80 will depend on pensions, still working, or bankrupt.

This after a lifetime of well-paid work in the most prosperous society in human history. Now, why does this happen? Why do people retire poor? There are two main reasons why people retire poor. First, they never decide to retire rich. They wish, hope, and pray but never make a firm and unequivocal decision that they will do it. Second, even if they decide to retire rich, they postpone things until it’s too late. They always have a good reason to postpone it. But to avoid living such a reality and becoming rich, it starts with desire and decision. If you sincerely want to beat the odds, achieve financial independence, and retire rich, there are four critical steps you must take, all starting with the letter “D”.

The first step is desire. You must desire it enough to make an unbreakable commitment and be willing to make sacrifices. The second D is decision. You must make a decision right now to do whatever it takes, be willing to pay any price, go any distance to achieve your goal. And not only that, you must practice determination and discipline for financial success. The third D is determination, which means persevering until you get there despite all the problems and obstacles you’ll experience.

And the fourth D is discipline, the discipline to master yourself, to develop the habits necessary to achieve financial independence. Those are the 4 Ds: desire, decision, determination, and discipline. And you can measure how successful you’ll be in the future by measuring how well you’re doing in each of them on a scale of one to 10. But where to start? Here are three things you can do right away to put these ideas into practice.

Taking Immediate Action

First, make the decision right now that you’re going to become financially independent regardless of the obstacles you face in the short term. Then write it down, make a plan, and start working on it every day. Second, resolve in advance to persevere through every setback or obstacle you face. Never give up, keep moving forward until you finally achieve your goal. And third, it’s a completely free gift that I have for you, and it’s a training on How to attract money, abundance, and financial prosperity into your life in just 21 days without sacrificing your health, values, or overworking. And this way, you can achieve a millionaire mindset. We’ll leave the link in the description. That being said, I’ll share some tips that will help you visualize the path ahead and allow you to set goals to earn more money than you ever dreamed of.

Tips for Visualizing Success

These are the details of these six exercises that will bring clarity to your life and help you discover how to become a millionaire and achieve financial independence.

How to Earn More Money: Start by writing down your ideas. Buy a spiral notebook. Take it with you if possible and jot down all the ideas that come to you throughout the day. Review this idea log regularly. Sometimes an idea you have while driving, sitting, reading, watching TV, or in a conversation can be the idea that will lead you to the start of your fortune. If your goal is to earn more money, write down all your ideas on how you’ll achieve this goal. The rule is to capture the

Generating Ideas

If you have an idea, write it down. If you don’t write it down quickly, you’ll lose it often. Number two, goal setting. Relax and reflect on your financial goals. Take regular breaks to relax and reflect on your goals and the obstacles preventing you from reaching them. During these relaxation moments, ideas often come to you that can save you hours, days, and sometimes years of hard work.

Achieving Financial Independence

Number three, achieving financial independence through the magic wand technique. Practice the exercise of fantasizing regularly. Sometimes this is called the magic wand technique. Imagine you have a magic wand and you can wave it over your current situation or problem. Imagine that as a result of waving this magic wand, all obstacles between you and your financial goals are eliminated.

Projecting Forward

Number four, projecting forward and thinking about your financial goals. Imagine your goal is to build a successful business in a particular field. Project forward three to five years and imagine that you now have a successful business in that field. What would it look like? How big would it be? Who would you work with? What kind of reputation would you have in the market? What would your level of sales and profitability be? How would you run this business, and especially, what could you start doing right now to make this future dream a reality?

Mental Assault Exercise

How to become a millionaire by practicing the mental assault on every problem. Perhaps the most powerful method to stimulate creative thinking is called mental assault or the 20-ideas method. More people, including myself, have become rich using this idea more than any other method of creative thinking ever discovered. In fact, this technique alone could enable you to achieve financial independence. The method is simple: Take any problem or goal you have and write it at the top of a piece of paper in question form. For example, if your goal is to double your income over the next 12 months, then you would write “How can I double my income over the next 12 months?” Then discipline yourself to write down at least 20 answers to that question. You can write more than 20 answers if you wish, but you must use your discipline and willpower to write at least 20 answers.

Saving Money and Becoming a Millionaire

Number six, save money and become a millionaire. One of the easiest ways would be to save $100 per month from the time you started working at the early age of 20 until you retired at 65 and invested those $100 per month in a mutual fund that yielded an average of 10%. It would be worth approximately $1,800,000 by the time you retire. Most likely, your discipline and determination to continue saving at any age year after year would have such an effect on your character and personality that you would end up earning much more than 10% annually.

But at $100 per month, anyone can become a millionaire on their own. Take action. Focused questions stimulate your mind and provoke creativity. Set a goal and then ask yourself, “Why am I not already at this goal? What is the main reason?” Start practicing these exercises today to begin your journey to wealth. If you’re really looking to change your financial reality and become a wealthy person, I recommend you take the gift I left in the description of this video.

We’ll leave the link in the description. It’s a training on how to attract money, abundance, and financial prosperity into your life in just 21 days without sacrificing your family, health, values, or overworking. This way, you can achieve a millionaire mindset. Now, keep in mind that the training will only be available for a limited time. So if you truly want financial results in your life, make the decision now. If you liked this video, share it with your friends, your loved ones, and those you care about. Leave us a comment box. How much did you like the video, and what was the teaching that you liked the most? And we’ll see you in the next \[Music\] video.