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How to Make Your First Million

November 16, 2022

So you want to be a Millionaire? Who doesn’t? Keep reading for more on financial planning for millionaires!

If it were easy, everyone would be a millionaire. Unfortunately, it’s not easy. It takes commitment, and a dedication to your goal. And it doesn’t happen overnight, at least not usually.

There are three major things that need to happen in order for you to actually make your first million.

1: Commit to your goal.

2: Systematize your approach and create a process that will allow you to make and track your progress over time.

3: Surround yourself with the people that will help you achieve your goals.

Grab a pen and let’s go through these one by one.

1. Commit to your Goal.

Before you commit to becoming a millionaire, you need to realize that you have a rough road in front of you. You will need discipline, focus and patience. It doesn’t just happen, you have to make it happen.

And the best way to make it happen is to see it play out in your head and then put one foot in front of the other until you achieve it.

It starts with goal setting. It isn’t enough to say “I want to be a millionaire” or “I want to be ridiculously wealthy.” That’s not going to be enough to get you to be disciplined and make the sacrifices necessary to achieve this goal. It needs to be based in something more tangible. It needs to be about the life you’re looking to create, the future you want for yourself. Ask yourself:

  • Where will you be?
  • How much money will you be making?
  • What is life like?
  • What are you doing?
  • Who are you with?
  • What do you look like?
  • What are you wearing?
  • What are you driving?
  • When does this need to happen by?

The more detailed you can be here, and the more time you spend reflecting on this and manifesting this, the more powerful it will be.

2: Systematize your approach and create a process that will allow you to make and track your progress over time.

Now that you know what it’s about and WHY you want to be a millionaire, you can start putting an action plan in place to start making progress toward your goal. Since you’ve reflected on the timeline, you can backwards plan to ensure you create enough momentum to achieve your goal. It’s important to realize that it will be slow to start, but your wealth creation process will accelerate over time. The more money you have, the more you will be able to make simply by continuing to invest. And as you continue to invest and grow your worth, the better you will become at analyzing and assessing opportunities and generating better returns. Furthermore, as your wealth grows, more and more opportunities will present themselves, and you’ll be in a better position to take advantage of these opportunities.

3. Surround Yourself with People that will help you Achieve Your Goals.

Lastly, Surrounding yourself with other millionaires or people who are building their wealth is key to achieving your first million. These people will catapult you to success and help you get through the tough times. They can share their ideas and best practices and also remind you why you’re doing what you’re doing. Simply being in their presence will help to escalate your progress and your mindset.

So, what do you think? Are you ready for more financial planning for millionaires? Check out my courses! 

Financial planning for millionaires

 

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