6 Steps to Thinking Like a Millionaire | Brian Tracy

how to start thinking like a millionaire whatever you can do or dream you can begin it Brian Tracy I think you'll agree when we say that everyone wants to know how to become a millionaire and get rich unfortunately some people just don't know where to start would you be surprised to learn that you can get rich in your own way starting today the following tips will help you visualize the road ahead of you and enable you to set goals to make more money than you ever dream here are six exercises that will bring clarity to your life and help you figure out how to become a millionaire and achieve financial independence first start by writing down your ideas by a spiral notebook carry it with you if you can and write down every idea that comes to you throughout the day review this idea log on a regular basis sometimes one idea that you have while driving along sitting reading watching television or in a conversation may be the insight that will lead you to the start of your fortune if your goal is to make more money write down all of your ideas as to how you will achieve this goal the rule is catch the idea and write it down if you don't write it down fast enough you will often lose it second goal setting relax and reflect on your financial goals take regular timeouts to relax and reflect on your goals and the obstacles that are holding you back from achieving them during these times of relaxation ideas will often pop into your mind that can save you hours days and sometimes years of hard work third gain financial independence by using the magic wand technique practice the exercise of fantasizing on a regular basis Brian Tracy calls this the magic wand technique imagine that you have a magic wand and that you can wave it over your current situation or problem imagine that as a result of waving this magic wand all the obstacles are removed from between you and your financial bowls fourth project forward and think back on your financial goals imagine that your goal is to build a successful business in a particular field project 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 what kind of people would you be working with what kind of reputation would you have in the marketplace what would be your level of sales and profitability how would you be running this business and especially what can you do starting right now to make this future dream a reality fifth practice mind storming on every problem perhaps the most powerful method of stimulating creative thinking is called mind storming or the 20 idea method more people have become wealthy including brian by using this idea more than any other method of creative thinking ever discovered in fact this technique alone could enable you to gain financial independence the method is simple take any problem or goal that you have and write it at the top of a sheet of paper in the form of a question for example if your goal is to double your income in the next 12 months then you would write how can I double my income over the next 12 months you then discipline yourself to write at least 20 answers to that question you can write more than 20 answers if you like but you must use your discipline and willpower to write at least 20 answers sixth save your money one of the easiest ways would be if you were to save a hundred dollars per month from the time you started work at the age of twenty until the time you retire at age 65 and you invested that hundred dollars per month in a mutual fund that yielded you an average of ten percent you would be worth approximately 1 million 118 thousand dollars by the time you retired chances are your discipline and your resolve to continue saving at any age year in and year out would have such an effect on your character and your personality that you would end up earning far more than 10 percent per year but at $100 per month anyone can become a self-made millionaire now it's time to take action focused questions stimulate your mind and provoke creativity decide on a goal and then ask yourself why am I not at this goal already what is the main reason start by practicing these exercises today to start on your path to getting rich now we'd love to hear from you so our question today is what are you going to do today to start thinking like a millionaire leave a comment below and we'll be sure to follow up with you thanks for watching and as Brian Tracy says if you want to change your future take action and take action now if you enjoyed this video and feel that it was valuable subscribe to my channel like this video and share this video with your friends don't forget to click the button on the screen for a free gift thanks again for watching

Channel: Brian Tracy

Views: 104,698

Keywords: brian tracy, personal development, success mentor, business success, successful people, self made millionaire, habits of wealthy people, how to become rich, how to get rich, how to be successful, how to be rich, financial goals, how to make money, how to become a millionaire, habits of successful people, become a millionaire, money saving tips, successful habits, successful people habits, millionaire, make more money, thinking like a millionaire, think like a millionaire

Id: Xj4RiZSqLac

Length: 5min 10sec (310 seconds)

Published: Thu Aug 08 2019