For many people, the dream of becoming wealthy and financially independent is a reality.
Unfortunately, it isn’t a reality for 95% of people.
Unless you follow the right formula of studying, learning from and modeling the right people, you could struggle financially for the rest of your life.
Nevertheless, you needn’t be afraid. Changing your life for the better is never too late, and today I’ll share 11 principles that will set you on the path to financial freedom and wealth.
You may want to read Secrets of the Millionaire Mind by T. Harv Eker if you want to activate your millionaire’s mind quicker.
You can get rich and become financially free despite what you may have been taught – with the right tools, knowledge, and attitude – plus an unwavering amount of “whatever it takes” action.
How To Activate A Millionaire Mind
If you want to become a millionaire, you must think like one. With a millionaire mindset, you can achieve your goals and make life changes. You must change the way you think about yourself, your finances, and the world around you. You’ll get the same results if you think the same way about things. Nothing changes until you change yourself.
Below are some of my favorite “millionaire mindset” principles and quotes that shed light on how the world’s wealthiest people think about money, wealth, and success.
As you learn these mindsets, you can model them in your own life and use them to succeed financially.
Using these principles, you can ensure that your financial future is bright.
1. What you can handle is what the universe gives you
“When you show the universe you can manage your finances properly, money miracles will occur.”
The universe is governed by rules. Regardless of how much you want to become a millionaire and have unlimited wealth, you have to start with what you already have. You won’t be given more until you prove you can handle the resources you have already been given.
You can learn the skills you need to manage millions by taking care of your current financial situation, but you shouldn’t skip a step. To begin, you must prove you are in control of your finances now, and once you have done that, the universe will reward you with more.
2. If there is no pain, there is no gain
Life will be hard if you do only what is easy. You will have an easy life if you are willing to do what’s hard.”
Changing your mindset from thinking like a millionaire is going to hurt at first. You’re going to have to change the way you view the world, and some of the things you learned as a child will have to be thrown out. You can’t expect the same results if you aren’t willing to do the difficult things.
You need to change your mind to become a millionaire. At first, it’s going to be painful, but it’s worth it.
3. If you don’t grow, you die
If you aren’t doing well, it usually means there is something you don’t know.
Life is about growth. You’ll see that trees grow continuously over time if you look at them. Millionaires are no different.
As long as you are willing to improve, there is always room for growth. In order to become something more than they are now, millionaires are constantly thinking about their lives.
Growth does not always come from the financial sector. We should take advantage of any growth we can get. You can improve your listening skills, paint more creatively, or become a better chef.
You are like a plant that has outgrown its pot if you feel stuck and not improving in any way. In order to grow, you might need to find a new job or move to a new city to replant yourself in a new field, but you should constantly strive to find new opportunities.
4. The power of clarity
The number one reason for not being able to get what you want is that you don’t know what you want.
Despite their motivational power, vague dreams and goals, such as “I want to be rich,” are pointless. You must have a clear picture in mind of what you want in life before you can activate your millionaire mind.
The aspiring millionaire may have varying needs and goals, but he or she is focused on the outcome of wealth. Millionaire’s mindset is based on this clarity of mind, coupled with their desire to help as many people as possible.
In reality, wealth is the understanding of who one is, what one stands for, where one is going, and how one can contribute to the world..
Wealthy individuals understand who they are, how they differ from others, where they’re going, and how they can make a difference in the world.
5. Create wealth through contribution, joy, and purpose
You will never achieve happiness by acquiring money or success if your motivation is rooted in fear, anger, or the need to ‘prove’ yourself.
You will never feel complete in your journey if your goal is just to become wealthy, and you will always be searching for the next pay increase. If your vision is limited to your net worth, you will not find happiness.
It is ingrained in many of us to be unhappy. Even with tons of money, a sports car, and a successful career, we can still be unhappy.
Having true joy and happiness doesn’t come through conditional statements such as, “If I get a raise, then I will be happy.” It shouldn’t depend on future events. If you do, you will be miserable along the way, and once you reach your “if, then” goal, you will probably find that the joy, happiness, or purpose you sought will only last a short while.
What contribution you wish to make and who you are must be decided. Having a clear understanding of your purpose in life will help you find happiness and joy in what you are able to offer at any given moment. This is where true wealth is found and also the source of true financial freedom.
6. Success comes from learning from others
Money games are played by rich people in order to win. Poor people play money games to avoid losing.
You are highly likely to feel trapped in your life if you surround yourself with people who feel like they are financially limited and stuck in their lives. It is also possible to learn and grow from successful people that have cracked the code if you surround yourself with them.
Learning from experts can save you years of struggle & heartache, and you do not have to do it alone. Take their advice to gain a millionaire’s mindset. The secret to becoming a millionaire is to understand what millionaires know.
7. Focusing on the right things will expand your horizons
Life is determined by the field of focus you choose.
When used correctly, your mind is a powerful tool that can make a significant impact on your life. It will be what you think of most in your life that expands and becomes important to you. Taking control of your thoughts helps you in controlling your world.
It is important to focus your attention on the things that are most important to you. Your focus and attention will help it grow and expand. The more you dwell on your past failures, the heavier they will become for you. Choosing to focus on past successes and future successes, however, will fill your life with more of them.
8. Help a lot of people and make a lot of money
Having massive wealth and helping a lot of people are the goals of truly wealthy individuals.
A bank account is not the place to store wealth. Wealth should be used to benefit others.
Money is not hoarded by most millionaires. Rather, they want to help others with it. As hard as they work, as hard as they save, and as passionately as they help. Whether it’s donating to a church or charity, or helping out family or friends, this is something that different people do.
You shouldn’t wait until you have accumulated a certain amount of savings before you help others. Start helping now. Provide assistance to those who need it.
9. Changing your mindset will change your life
Just being at the right place at the right time isn’t enough. You have to be in the right place at the right time, and you have to be the right person.
Reality is determined by your mindset. The world that you see as a horrible, painful place influences your perception of reality.
Putting on your awesome glasses, on the other hand, you’ll quickly realize that everything is awesome. Where do you work? Fantastic. Where do you live? Amazing. Even a painful commute during rush hour can serve as a great opportunity to absorb knowledge. You just have to think about it that way.
Changing how you think about your world is one of the easiest ways to change it. The power to succeed lies in choosing to think of your world as supportive and giving.
Of course, we become what we think most of the time, as the late, great Earl Nightingale often said.
10. Wealthy people will do what typical people won’t
What do you think about working 16 hours a day? That’s what rich people do. What is your availability on weekends and on weekdays? Only the wealthy can do that.
It’s no secret that most of us want to be better, but we choose not to because we fear the consequences.
Taking care of our debt is good, but what about that one thing? You know what I mean. There’s been something on your mind for quite some time. Your heart desires it. There’s even a 10% discount!
The problem is that you don’t have enough money to purchase it. Most people put it on their credit card without thinking twice. Those with the mindset of a millionaire will make the tough decision and wait.
Most people haven’t reached their full potential because they haven’t made the hard choices. You might have to get up early, work an extra shift, or move to a different city for better job opportunities.
The millionaire mindset focuses on enabling and empowering you to do what you know is right regardless of what those hard choices may be.
11. Never give up, know what to do, and focus
A rich mindset, focus, courage, knowledge, expertise, and 100% of your effort are required to become rich.
It takes a lot of focus to condition your mind to become that of a millionaire. Success requires 100 percent commitment. The rewards won’t be as great for those who don’t put everything they have into it.
There are going to be times when things don’t go as planned, but millionaires get up more often than they fall down and keep working toward their goals.
If you want to achieve your goals, you need the right mindset.