Do only vital tasks. Focus on the few tasks that you do best, and either avoid the rest or leave it to other people. Bill Gates, Oprah Winfrey, and YOU have the same number of hours in a day, yet you make drastically different impacts and incomes; it’s how you use the hours given that make the difference.
I am now a multi-millionaire, and I have never had my own business, invented anything or inherited one red cent. What I have always done is paid myself first. Especially in your twenties, max out your retirement deductions, or at the minimum put in an amount that maxes out your company match. The money I contributed in my twenties now accounts for ⅔ of my net worth, even though I contributed much more each year in my thirties and later. Such is the power of compound interest!
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Another option is listen to people who have been where you are and have what you want. This is what I have done to make more money and increase my quality of life. I am currently being mentored by multi-millionaires from all different backgrounds on a daily basis. A key point in becoming successful is believing you can. Napoleon Hill said it best “Whatever the mind of man can conceive, and bring itself to believe, it can achieve.”
You’re thinking 10X bigger than everyone else. You’re operating under short timelines and high pressure. You can tax yourself to extremes while you work because you spend lots and lots of time resting and preparing.
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This last tip is correlated to the first one on this list: How you see yourself, and what you are capable of, directly reflects on how you succeed, and how others see you as well. If you come across people that you feel are more successful than you, by simply even having that thought, you are putting them on a pedestal and lowering yourself in comparison. Yes, there are successful people we all look up to. But rather than be intimidated or feel that you could never emulate their success or how to become a millionaire reddit them for advice, instead think about how you are both the same. As Dr. Demartini states: “If they’re ‘out of our league’, we are minimizing ourselves and exaggerating them. You need to know what you have to offer, what their needs are, and establish yourself as an equal in your mind.”
Interesting techniques. This goes to show you that there are a lot of options when it comes to trying to make money online. Just pick the method that you are most passionate about and you will eventually succeed.
2. OTHER PEOPLE’S MONEY. You don’t have enough of your own and if you did why would you want to use your own money? Use OPM to generate large CASHFLOW you can use to acquire more, bigger and better opportunities. Invest where the rich invest. Using other people’s money allows you to use LEVERAGE to acquire assets, leverage is faster.