The One Year Millionaire

Hey, do you guys remember a couple issues back of the ‘One Year Millionaire‘ were I talked about the Forbes Magazine and why it is has great reading material to stimulate the Millionaire Mind?

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Have you ever had a dream or a goal that you would have liked to reach; but then upon reconsideration, decided that it was too far-fetched or didn’t believe that you could ever do it? One thing that I have learned in my years of life and business is that if you think you are going to fail then you are ultimately setting yourself up for that predetermined path. Positive thinking will always bring you many steps further than negative thinking.

An Internet Entrepreneur is an ideal business person whether you would like to think so or not. The successful ones possess the same qualities as some of the world’s leading company CEOs. The ability to take an idea and turn it into a profit is something that very few can do and if you have the potential you can realize your dreams in only a few years!

The reason that I would say a Millionaire is an Ideal Business Man is because we already know that he/she is successful. Working a 9 to 5 job most people will never reach a Million dollars in their entire lifetime, the ability to do even reach a Million Dollars says a lot about that person and if it isn’t by chance then it was definitely no accident!

Now all you have to do is look at this situation backwards. If you can figure out how to flip it and start with this mind state to help you reach the common goal of Becoming a Millionaire. It isn’t easy and I can’t say that everyone will succeed, because the facts are that not many will. I do believe; however, that if you want something badly enough and work for it that you will be able to achieve whatever it is that you want no matter what is standing in front of you.

Sometimes when I am looking for different ideas to start business ventures or if I am looking for a way to monetize an idea I try to get into the Millionaire Mindset. One thing that helps me a lot is to read Magazines or Books because they help stimulate thoughts. One of the best Magazines that you can get your hands on if you are in business or would like to learn more about it, is “Forbes Magazine“. The great thing that I love about it is that it doesn’t just focus on one aspect of business. It talks about various different things like Finances, Entrepreneurship, Leadership and the different Markets!

If you haven’t already read my issue entitled “The Millionaire Mindset” then you should read it now. This is a list of things that will get you thinking like a Millionaire! Stop delaying the beginning of the rest of your life because you don’t believe you can do it! Think like a Millionaire and become one!

Let’s face it… Becoming a Millionaire the Easy Way probably won’t happen for most of us. This is a situation where either money starts falling from the sky, growing from a tree or mysteriously appearing in your wallet without knowing about it. The chances that you Win The Lottery or win a Million Dollar Court Settlement are quite unlikely.

Now that we are on the same page and agree that Becoming a Millionaire is going to be harder than we thought, why don’t we look at a few steps you will have to go through in order to achieve Financial Freedom and roll around in stacks of Hundred Dollar Bills! These are a few things that will help you turn into a Millionaire…

10 Steps To Becoming a Millionaire

1. Don’t Waste or Lose Money.
   The first step to Making Money is to control how you spend! When you do become financially secure you will be able to spend all you want. Be patient and don’t waste money that you could invest into your future!
2. Save Money.
   When you do start Making a little bit of money whether it is online or offline, through your job or through a business. Set up a savings account and deposit some money on a regularly scheduled basis. This will give your financial state some consistency and you will be able to accumulate some interest on your earnings. This is crucial!
3. Change Your Mindset.
   You simply have to change the way you think. If you think a certain way then you might be setting yourself up for your downfall. Imagine knowing that you will not succeed before even starting. I wrote an article about the “Millionaire Mindset” that has gotten a lot of buzz on Ezinearticles. Check it out.
4. Make a Plan.
   If you want to Become a Millionaire so badly then you must have some sort of plan of action that will supposedly Make you a lot of Money. Once you come up with something that you think is concrete that you think will work you might want to meet with a Financial Advisor or Consultant to get a second opinion. If you plan on starting a business then come up with a good, Rock Solid Business Plan. I’ve networked a lot with Business Professionals in the past year or two and to be honest with you, a lot of the new Business Ideas that I hear about are crazy. A lot of Money lost because of a stupid idea is something that can be avoided.
5. Take Action.
   Once you have a good plan that you know will generate good revenue.. take action! It is funny how many people have so much talent, knowledge, skills, etc.. and you wonder why they didn’t go far in life. It is probably because they didn’t take action when they needed to. Millionaire by Chance.. or Millionaire by Choice? The Millionaires who worked their way from the bottom only got there because they took action!
6. Invest Your Money.
   Once you get some good money coming in.. you should make investments. Big Return, Small Return, etc. An Investment in my opinion is like waiting a few minutes extra before dinner, because food seems to taste so much better when you are more hungry. When you Invest your Money.. you wait and then it comes back in bigger quantities! I know that if you are just starting in something like Internet Marketing you may not have much money to invest.. or maybe you want to try to start from scratch with nothing. It is a lot harder than you may think!
7. Diversify Your Investments.
   Never put all your Money in one place. I figure that this is common sense. Anyone who knows anything about Business knows that there is a lot more Money to be made if you make diversifications either internally or externally. Instead of just placing Google AdSense ads on your website, why don’t you try your hand at Affiliate Marketing? Diversify and you will notice that with Multiple Streams of Income, you will end up with more Money than you can keep track of.
8. Take Risks.
   I am sure that most of the Millionaires living today got there by taking Big Risks at one point or another in their lives. Taking Risks; is sometimes, the only way to make a critical change in your life. To take you from Point A to Point B.
9. Have Some Fun.
   Remember that this is still your life and you shouldn’t miss at a chance at living and having fun just for something like money. I know that money can make a lot of people happy, but precious life moments will make someone much happier than a big pile of cash.
10. Help Others In Need.
    This is one thing that I personally like to do. Whenever I feel like I have been successful I like to take time to help out others. When I learned how to Make Money Online I started this blog to help others do it too. In the end you won’t regret it and you will notice that by helping others… one day others will be there to help you.

Becoming a Millionaire is a dream, but it doesn’t mean that you can’t reach it. I’ve always said to myself that I would make my dreams come true at any cost. Just keep in mind that for some people it isn’t worth chasing a dream that will not bring much fulfillment to their life. Do you really want to Become a Millionaire?

I found Richkiss.com through Digg earlier today and I found it quite funny. It is basically a dating service aimed at rich people. Apparently rich people have trouble dating so they created a service that is only for people who fit above a certain tax bracket. This means that if you make less than $150,000 a year or so then you shouldn’t be signing up… or should you?

I am pretty sure that as I speak there are some desperate men and women who may or may not be signing up to this service in hopes to find a rich partner who can support them for the rest of their lives! It may sound really materialistic and selfish, but the world isn’t always a place of lilies and sunflowers!

If you want to Make Money Online then do it in a way you can be proud of… start an online business, develop websites, advertise and publish. You don’t need to hope to find the love of your life… or try to find a bank account that you love even more. There are a lot of other sites with the same service… richkiss.com certainly wasn’t the first to come up with this idea.

Check it out for a laugh…

Have you ever heard of the term “ Self Fulfilling Prophecy “? It was an old term coined by Sociologist Robert K. Merton. It is basically a prediction that may directly or indirectly cause itself to become valid.

“The self-fulfilling prophecy is, in the beginning, a false definition of the situation evoking a new behaviour which makes the original false conception come ‘true’. This specious validity of the self-fulfilling prophecy perpetuates a reign of error. For the prophet will cite the actual course of events as proof that he was right from the very beginning.”

In this case, our original false conception is that it is near impossible for an average person with little knowledge of business to become a millionaire. If you say to yourself ” I don’t think I can become a Millionaire… “ then there is a high chance that you will not. Not only is the law of the Self Fulfilling Prophecy standing in front of you, but also your weak ambition. Success and Failure is a game of “ifs” and “buts”, nothing is certain and all you can try to do is increase your odds at winning. If you don’t believe in yourself, then you are already predicting your failure. Turn the tables around now. ” I believe that becoming a millionaire is within my reach! “. You may not just suddenly “Become a Millionaire”, but you will gradually see improvements in your work, your attitude and your life.

Go ahead and apply this theory to Internet Marketing. 9/10 Internet Marketers fail (or give up) because they either don’t have the time to put in work, they don’t know what they are doing, or they don’t truly believe that they can make it!

I have already stated several times that there are tons of ways to Make Money Online. There is Ad Publishing, Freelancing, Selling Products, Selling Services, and Affiliate Marketing. These are all extremely broad topics which cover many different Money Making Opportunities! Before you tell yourself that “Affiliate Marketing” isn’t for you, give it a shot! Most Affiliate Marketing programs have no startup costs so there is nothing to lose! When I started Internet Marketing I focused on one Business Model: “Make Money with Google AdSense” and I didn’t really make any serious cash. Once I started to diversify my work… the money started coming in!

In a work field where success depends completely on you and your own production: sky is the limit! If you work a boring 9 to 5 job at $12/hour then you can calculate how much money you can make on any given work week provided that your schedule is constant. When you step into a world of business like “Internet Marketing”, all your boundaries disappear and it is up to you to make it happen. The best thing about it is that there is no salary cap for your work!

If you want to be an Online Millionaire, you have to think like an Online Millionaire! In the end it could just be your Self Fulfilling Prophecy.