Secrets of Self Made Millionaires: The Way To Dream Big And Grow Rich
Do you know one of the secrets of self made millionaires? They dream big and pursue them until they succeed Do you know that you can also dream big ? Because it’s a God given talent that you possess. The main reason why many people have big dreams and fail to accomplish them is because they do nothing about them. What separates self made millionaires from the rest is-that they have the capacity to dream big dreams. Self made millionaires also pursue their dreams persistently until they come true. In order to show you how to dream big and grow rich…we need to examine the lives of individuals who have accomplished their dreams. The best way to find out how you can dream big-and make them come true- is to study the biographies of self made millionaires. Let’s look at the biography of an individual who became a self made millionaire in the twentieth century by pursuing his dreams in business. This individual built wealth and made a huge impact on the global economy pursuing his dreams The farm boy whose dream transformed our global economy One of the greatest icons of business is Henry Ford. Ford was an American industrialist and founder of the Ford motor company. Ford is credited with helping to transform the American and global economy through the innovations in transportation Henry Ford’s achievement started with a big dream that he relentlessly pursued from an early age. Ford’s big dream was: to make the automobile affordable to the common man so life could be easier for them. Ford’s dream to invent a cheap mass-produced automobile came from his early childhood experiences on the farm. He had a passion for machines and believed that machines could ease the life of a farmer by replacing farm animals. At age 17 Ford left the farm to pursue his dream in Detroit and the rest is history. There are books already written about the biography of Henry Ford, which you can read so I will not tell you more about him. The reason I mentioned Ford is that he had a big dream that many people in his time thought impossible to achieve. But Henry ford had the courage to pursue his dreams to build an automobile that will ease the life of working class Americans. The result of Henry Ford’s dream is that he became a self-made millionaire and left a legacy for his family’s future generation. He also made our world a better place to live. Can you imagine a world without automobiles? Forbes magazine estimates that Ford’s would be worth $118 billion in today’s money. Here are the most important points about dreaming big dreams that you can apply to your personal and business lives Find a vocation you can be passionate about: Henry Ford had a passion for building machines at an early age. His passion for machine kept him tinkering with machines that he developed the first affordable mass-produced automobile. Do you have something you are passionate about? Do you think you can build a great business from what you are passionate about? Align your dream to a higher purpose: Henry Ford’s dream took on a larger than life meaning when he made the dream bigger than himself. He wanted to build a car that was affordable for every family in America. He succeeded because his dream had improved the life of many working class families and the global economy. Find an environment that nurtures your dream: Henry Ford left his hometown at age 17 to work in Detroit. Ford’s breakthrough came from working in Detroit because it was the center of manufacturing.. Henry Ford would have not achieved his dreams if he had stayed back on the farm. The moral of this that : when you have a dream, you need to locate the right environment that will foster your dreams. In other words, you should hang around with like-minded individuals that will help you achieve your dreams. For example if you want to become a writer you need to join a community of writers. If you want to be a fashion designer then you need to work in a place that nurtures your dream of becoming a designer Never put a time limit to your dreams: Henry Ford had a dream to democratize the automobile. He had many setbacks before achieving his dreams. The only thing that kept Ford going was that he never gave up on his dream In the same manner , when you don’t have a time limit on achieving your dreams-you’ll eventually achieve them. The greatest mistake you can make when you dream big is to give your dreams a deadline. That is why you hear people say words like “ I want to be a millionaire by forty”…. “A fool at 40 is a fool forever” These myths are not truth because dreams don’t have deadline. As long as you are alive you can pursue your dreams. Dare to dream big dreams and grow wealthy
Little Known Ways To Achieve Your Millionaire Dream-Part 1
Most investors start investing because they want to get rich. However, they give up on their dream to build wealth. Why would an investor give up on his dream to become financially independent? The answer is many investors don’t know how to bridge the gap between their dreams and accomplishing them Let me explain… I want you to think about this for a minute: when you are hungry you dream about eating food right? However, you need to do something : that is you cook or buy food from a restaurant- before you can satisfy your hunger. In the same manner, you took action to satisfy your hunger- you need to take action-to make your wealth building dreams Today, I am going to share with you: the little known ways you accomplish your investing dreams #1. Apply emotional leverage. Do you remember the number of times you write down goals and failed to accomplish them? I am sure you can remember. Do you know why you failed to achieve your goals? The answer is because when you wrote down your goals: you did not write your goals with strong feelings. You need emotional leverage to make your dreams come true. Because what you think about with feeling becomes your reality. Your emotion fires you up, so you keep on aiming towards your dreams. The way to apply emotional leverage is… by asking yourself these 3 questions What do you really want to achieve by setting this goal? Why do you want to achieve this goal? What will the picture be when you accomplish this goal? Lets use these 3-point questions to a create a wealth building plan. Dream– To become a millionaire and retires early. What do you want to achieve becoming a millionaire: To have freedom and time to spend with your loved ones. Why must you achieve this goal? Answer: Because you want, be in charge of your life. You do not want to rely on social security to take of you. What will the picture look like when you have achieved your dream? Answer: You will spend more time traveling on vacations. You will give more to charity You can see how asking these three questions created an emotional picture in your heart. The more you can attach an emotional string to your goal, the higher the possibility you can achieve the goal. Next time you think about your dreams, use these three questions to make it more likely to accomplish them #2. Develop a high definition plan I have a game on my IPod – a safari hunting game. In order to win the game, you need to shoot big animals and score enough points to qualify for the next level. The secret to winning the game is shoot heavy animals so that you can score high points. In order to achieve a good kill you need to kill the animal at first shot . You can only achieve good shots by adjusting your focus with-the binoculars on your hunting rifle. The same principle applies to setting goals. You need to break them down into little steps. Then you break your goals into smaller steps with-high definition plans. By developing a high definition plan, you can maintain laser beam focus on your achieving your dreams. You remove distractions and keep on moving one step at a time towards your dreams. Let me explain the step with the wealth building plan we looked at earlier: Dream: develop a net worth of $2 million in the next 10 years Goal: To generate $500,000 yearly at retirement from investing in stocks, real estate and owning a small business In order to achieve this you need a high definition plan like: Your High definition plan Focus on developing financially valued skills, joint ventures and buying below market real estate assets. Your Yearly Plan. Find and invest in real estate opportunities in my local area Start a side business with my present knowledge Find a coach and mentor to support my plan Weekly plan Look at real estate deals and analyze potential properties weekly Spend time networking with potential partners and customers Develop marketing plan for your business Start making sales You can see that I have broken down the goals into small steps so you can focus on achieving them. The secret to achieving your dreams is to set goals and apply emotional leverage. When you have developed a goal you are fired up to achieve then you create laser-focused plans to work on accomplishing them To your success