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Millionaire's Brain

by sid2014
16 replies
What is the secret behind millionaire's brain? True millionaire's are made or born?
#brain #millionaire #success
  • Profile picture of the author Path Theory
    Intelligence, and the drive to succeed is all you need to become a millionaire.

    Knowing the right people and catching lucky breaks don't hurt either. Sometimes it's just as simple as being in the right place at the right time, or having the intuition to make a solid business decision.
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  • Profile picture of the author James McAllister
    I'd say it comes down mostly to attitude. We're all born knowing absolutely nothing about money. Intelligence is learned. Those with the attitude to succeed are the ones that do.

    The 'secret' is action. I have an uncle that always talks about what he'd buy for everyone if he ever won the lottery. If he spent the time he uses talking about winning the lottery actually starting a business, he wouldn't need the lottery to make all of his dreams come true.

    Just a thought.
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  • Profile picture of the author AidenTingley
    Determination and the power not to give up when times get rough...

    I could like quite a few rich people that had nothing and now they have everything...

    Just keep at it...
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  • Profile picture of the author Matthew Trujillo
    It all comes down to mindset. Without the proper mindset you will fail , with the proper mindset you will succeed. What's the difference between the McDonalds worker, and the guy who owns a successful business? One word: Mindset, that is sole determining factor on your success. Whether you believe in your self enough and follow through on your actions. If you are always complaining and speaking and being negative it programs your mind for failure. If you focus on success and surround yourself with the right people you will succeed. Go to YouTube and watch "Secrets of a Millionaire Mind" and you will see how he describes how people think differently.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by sid2014 View Post

    True millionaire's are made or born?
    Mostly "made", I think. But sometimes partly made/predisposed by their parents, which can look like "born".

    .
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  • Profile picture of the author ceenote100
    One of my favorite books is "The Secrets of the Millionaire Mind" by T. Harv Eker. I highly recommend it.
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  • Profile picture of the author Rory Wilkinson
    Originally Posted by sid2014 View Post

    What is the secret behind millionaire's brain? True millionaire's are made or born?
    True millionaires are made. Stemming from either a link created when they are young or from actively deciding that they want more (motivated by the pain of their current situation or enticed by what could be).

    Its no different than someone who has great health and energy or a great relationship. For that individual they have created a mindset that they will accept nothing less.

    It doesn't mean that there aren't challenges or that it will happen right away, but their mindset forces them to keep taking action until they get the result.

    So how do you really develop this mindset? Here are some basic tips:

    1. Get around people who have much higher standards (read, listen, watch). be inspired and learn key insights.
    2. Visualize what you want to achieve daily. But visualize it from the place of the goal being done and you are in the drivers seat. 5-10 minutes.
    3. Take small actions daily. Small simple actions build up over time.

    These 3 basic tips will help create a better mindset.
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    • Profile picture of the author Jeff Schuman
      Read "How Rich People Think" by Steve Siebold. It answers the question "do you think like a millionaire" which gets to the heart of your question in this post.

      You can pick it up on Amazon and it is packed with all kinds of lessons and real life stories of how rich people think so you can copy them and be one of them. The author is a millionaire and has interviewed hundreds of millionaires over the years.

      I just found this video on You Tube:
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    • Profile picture of the author Odahh
      Originally Posted by Rory Wilkinson View Post

      True millionaires are made. Stemming from either a link created when they are young or from actively deciding that they want more (motivated by the pain of their current situation or enticed by what could be).

      Its no different than someone who has great health and energy or a great relationship. For that individual they have created a mindset that they will accept nothing less.

      It doesn't mean that there aren't challenges or that it will happen right away, but their mindset forces them to keep taking action until they get the result.

      So how do you really develop this mindset? Here are some basic tips:

      1. Get around people who have much higher standards (read, listen, watch). be inspired and learn key insights.
      2. Visualize what you want to achieve daily. But visualize it from the place of the goal being done and you are in the drivers seat. 5-10 minutes.
      3. Take small actions daily. Small simple actions build up over time.

      These 3 basic tips will help create a better mindset.
      haveing rebooted my mindset over the last three years ..and puuling out much of the crap programming my family and society embedded into my former way of thinking ..

      i am going to edit that mindset list .

      listen to the way people who earnded the success they have talk about money and other things in life ..and study the vocabulary of the wealth builder ..and spend time and money improving yourself .. in many areas of life .

      poor and middle class people have thir way of speaking about money .. wealthy people have another ..

      I have found .. that over time it does not help much if you visualize bassed of of your past filled with lack and just fill your visions with stuff you didn't have .. when you had a poor mindset .

      this is actually real hard to explain but look at the number of sthletes actors and musitians..who go from being poor .. to living the life to make up for being poor ..then end up back down to not having that much..

      visualize your better self and the things your better self would have to reflect a successful self that fits you ..rather than compensates for the poor self you are now or once where ..

      what kind of house whould a better version of you.. live in

      what kind of car would a better version of you drive around in regularly ..

      what kind o cloths would a better version of you wear

      what kind of food would a healthier more muscular much fitter ..version of you really enjoy eating .

      what kind of bed would a better version of you sleep in .

      ..from where you are..there are steps you can take every day to be a better version of you ..

      the difference between people who maintain success ..and those who either never succeed or succeed briefly then slide in to has been status ..

      people who become successful ..believe they have a hand in their fate in becoming successful they understand luck played a part..but they took it and ran with it .

      the other group believes they need to be discovered ..there is only one shot..or they are fated to have what they have and nothing they can do can change that ..
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      • Profile picture of the author Rory Wilkinson
        Originally Posted by Odahh View Post

        haveing rebooted my mindset over the last three years ..and puuling out much of the crap programming my family and society embedded into my former way of thinking ..

        i am going to edit that mindset list .

        listen to the way people who earnded the success they have talk about money and other things in life ..and study the vocabulary of the wealth builder ..and spend time and money improving yourself .. in many areas of life .

        poor and middle class people have thir way of speaking about money .. wealthy people have another ..

        I have found .. that over time it does not help much if you visualize bassed of of your past filled with lack and just fill your visions with stuff you didn't have .. when you had a poor mindset .

        this is actually real hard to explain but look at the number of sthletes actors and musitians..who go from being poor .. to living the life to make up for being poor ..then end up back down to not having that much..

        visualize your better self and the things your better self would have to reflect a successful self that fits you ..rather than compensates for the poor self you are now or once where ..

        what kind of house whould a better version of you.. live in

        what kind of car would a better version of you drive around in regularly ..

        what kind o cloths would a better version of you wear

        what kind of food would a healthier more muscular much fitter ..version of you really enjoy eating .

        what kind of bed would a better version of you sleep in .

        ..from where you are..there are steps you can take every day to be a better version of you ..

        the difference between people who maintain success ..and those who either never succeed or succeed briefly then slide in to has been status ..

        people who become successful ..believe they have a hand in their fate in becoming successful they understand luck played a part..but they took it and ran with it .

        the other group believes they need to be discovered ..there is only one shot..or they are fated to have what they have and nothing they can do can change that ..
        Yeah I agree. When you are visualizing your are creating the future that you want. You are seeing your life better than it is now. Those are good questions that you have chosen, that you can ask yourself to help focus on a more empowered future.
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        • Profile picture of the author Odahh
          Originally Posted by Rory Wilkinson View Post

          Yeah I agree. When you are visualizing your are creating the future that you want. You are seeing your life better than it is now. Those are good questions that you have chosen, that you can ask yourself to help focus on a more empowered future.

          for the best most productive growth.. many times there has to be pruning .. and that has been a lot of what has gone on with me the last 2 years .it has nor been easy ..but there was a lot to cut away .

          my line is you can't run away from what you don't want..and run in the direction of what you want ..

          Listening tony robins ..that is what he means when he talks about being just 1mm off or two mm off .make a big difference .

          many times what you really want isn't completly different than what you have just slightly different here and there ..

          a lot of people do not really want to be rich they just want better ways to earn money..they don't want to go outside their comfort zone ..they want more confort in the zone they are in .

          but where we are taught to embrace suffering .. or that we are not worthy .. few can even embrace that . without self imposed guilt.

          wealth builders focus on long term comfort ..over short term increases in luxury ...but they will have thing they spend a good chunk of coin on that seem odd to most other people .

          millionaire ..don't initially maximize money from what they do.. they maximize pleasure and fulfillment ..and track the money along..

          people who become and stay wealthy ..merge their work and play ...it is not a matter of doing something to make money so they can then do what they really want to do ...

          the do the thing make money and use that money to do more of the thing .
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  • Profile picture of the author C G
    One of the key traits that successful people have is that they take consistent action towards their goals. Even when they don't feel like it.

    Cheers,

    C.G.
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  • Profile picture of the author Michael Lee
    Perhaps the most important aspect of having a millionaire mind is managing your money. In T. Harv Eker's "Secrets of the Millionaire's Mind," he taught us to divide our money into separate accounts:

    10% into your Financial Freedom Account (for investment and passive income purposes)
    10% into your Play Account (spend on whatever you like so you can feel rich)
    10% into Long-Term Savings for Spending Account
    10% into Education Account
    50% into Necessities Account
    10% into Give Account
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  • Profile picture of the author Work1099
    People who believe their abilities and intelligence are pre-written and unchangeable tend to never try doing so (in their mind trying to make more money is irrational, because they believe they can only achieve a fixed threshold in life).

    People who think their abilities and intelligence are not pre-written, but can be improved ... tend to take actions towards improving them ... and be rewarded as a result (to them, the idea that it can't be done seems irrational).

    It would seem highly preferable to be a member of the latter group ... if you're at all interested in improving your life.
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  • Profile picture of the author JWilson984
    This is a very interesting topic that anyone who wants to be successful should think about. All the ideas and comments that have been given so far are excellent and I would agree that the following are all important:
    · Attitude
    · Drive
    · Determination
    · Mentors
    · Taking Action – I just had to comment right here because I find that, even for myself, this can be one of the largest roadblocks to achieving that millionaire status.
    · Visualization
    · Belief

    I would like to add one more idea to the list…Satisfaction. To become a millionaire without winning the lottery or any other windfall, I believe that you have to never be satisfied with where you are. In fact, I believe this could be a big reason some successful people never reach the millionaire status. They hit a certain level and become comfortable with where they are. I am not saying that there is anything wrong with that, I just believe that if you want to continue to reach higher financial goals you must never be satisfied with where you are.

    Satisfaction, in my opinion, will kill the drive and determination that it will take to become one of the top 5% in the US, sorry to those in other countries, I don’t know your percentage.

    So what am I saying? Never become comfortable with where you are financially and never be satisfied with what you have accomplished so far. When you reach a goal or milestone, take a moment and enjoy the accomplishment, but never ever become satisfied.

    Just two cents from someone who is not satisfied with where they are financially and will never stop working towards something better. In the words of great philosopher, “ I can’t get no satisfaction”.
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