How To Become A Millionaire in Under 3 Years
An intriguing question to say the least. But this is something that can be accomplished with the right focus and environment. It has been accomplished many times right here in America. A quick story.
As a child, I once was asked the same question many children are asked. What do you want to be when you grow up? “I want to be a millionaire”, I’d say innocently enough. My mom and uncles that were gathered around the dinner table smiled and had genuine but encouraging laughter towards my answer.
At such a young age I couldn’t have possibly known what it’s like to become a millionaire. But I did know that I wanted a bunch of money just like everyone else! Even at the young age of eight, I knew I wanted money. I could see that my parents wanted money. I was smart enough at the time to know that there must have been something important about money.
Even though the people in my environment always sent signals to me as a child the need and want for money, non of them actually knew or even really cared how to make real money.
As the years came and went, that dream of becoming a millionaire started to dry out. As a young boy growing up in the projects there really wasn’t the environment of people that considered thinking so big. As you might have guessed, my environment would have a huge effect on my own thinking.
Shortly after leaving college I ran into a book, by some sheer luck from the universe, called “Rich Dad Poor Dad” that found it’s way into my hands. I rejected it the first time I’d made contact with it as just another useless book. At the time I wasn’t reading nearly as much as I do now. But after maybe a year or two had passed the book found it’s way on to my Ipad. This time I decided to read it.
Surprisingly enough the book reminded me of when I was eight, a time when I believed in my dreams. I started to think again and open my my mind. The burning question was “Why shouldn’t I become a millionaire? That question would echo in my head months after having completed the book.
I decided then that I would do what I can to become a millionaire. But, can someone become a millionaire in 3 years? The short answer is yes. The long answer will depend if you’re able to follow important and specific disciplines.
How To really become rich
In order to become rich you’ll need three things to begin with.
- You’ll need a job (easy!)
- You’ll need a savings and checking account. (easy!)
- You’ll need to know within yourself that you CAN and should become a millionaire (Not So Easy☹
Study Self Made Millionaires
Self made millionaires have been watched and studied for many many years. I have found that there are five notable common traits in self made millionaires.
- Their habits.
- The amount of books they read.
- Their environment. The people they surround themselves with.
- Their mindset.
- Their persistence
If you follow what many of these millionaires have done, you’d be well on your way to becoming rich. These are people who started with zero and eventually became rich within one single generation. You’ll get the same results they do by doing what they do.
Here are some of the points that were mention over and over again by many of the rich people I’ve talked to.
As you may recall earlier in this post, I grew up in an environment of people with very low income and around people that would never consider becoming a millionaire. Fortunately I later began to think big despite of this. Your environment will most likely determine what you can achieve. If you want to become a millionaire, you need to hang around millionaires.
You’ll soon begin to notice that: They talk about different things. They think big. They believe anything is possible. The love to execute their plans rather than talking about them. Soon enough these habits will start to brush off on you! Always remember this: You are a product of the five people you hang around the most. Change the people you hang around and soon you’ll begin to see money in many different places you never even thought of!
Believe that you can and that you should.
Have you ever considered being a millionaire? 90% of Americans don’t even think of becoming a millionaire. Strangely enough it is probably easier than you think. If you haven’t really considered it as an option than how could you ever achieve it? Becoming a millionaire starts in the mind. Read the book “Think and Grow Rich” by Napoleon Hill. This book teaches you that richness starts in the mind. Earl Nightingale famously said “We become what we think about most of the time”. Change your thinking first. Your habits of thinking will determine how far you will go. The mindset of abundance is the key here. Stop thinking about poverty and lack. Instead, keep your mind on things of high value and abundance!
Rewire your brain: Replace security with Independence
We’ve all been taught to go out their and get a safe and secure job. The mind set of security rather than abundance consumed our thinking. It came from our parents really. The focus of security was the prize. Unfortunately, this way of thinking will keep you a slave to the work place. A secure paycheck is the fastest way to be controlled.
An independence mindset doesn’t look for security. It looks for opportunities and freedom. Independent thinkers operate on the side of risk and in the world of what’s not promised to us. They don’t need a promise of a pay check. They don’t seek promises made by the government every month. And they don’t need a promise that some venture or business they are creating will actually succeed. Independent thinkers realize that nothing is promised. But they do understand that if they focus and learn as much as they can, they have a high probability of achieving their aim.
Start to think outside the box. Don’t be afraid to put your neck out there for something you believe in. You might be surprised at how much you can achieve!
Are You Willing To Make The Sacrifice?
Self made millionaires discipline themselves to make what ever sacrifices that are necessary to achieve their dream. This could mean financial sacrifices like living below your means and saving each month from your pay check. Sacrifices that require you to stay home and study rich people while your friends are out partying. It could also mean failing miserably and making the sacrifice to try again and again.
Your journey to become a self made millionaire may leave you with less friends than you might think. You will have to sacrifice a comfortable environment if you truly want to make it happen.
You may have to organize and reorganize your entire financial situation to prepare yourself for what’s to come. To prepare yourself to be rich. You will also have to work even harder than your friends and family. They will call you crazy and obsessed. But this is to be expected. Learn to BE UNCOMFORTABLE and BE OBSESSED with your vision!
These are the sacrifices many millionaires had to make. Committing yourself to make these sacrifices will put you in the top 10%!
Becoming a millionaire does not happen by accident. It comes from a long period of disciplined persistence in doing the things neccesary, over and over again. Building and developing the habits of the rich and surrounding yourself by BIG Thinkers.
Believing that you can and that you should is a start. There are millions of ways to becoming rich in this day and age. The question is, are you willing to do what it takes? Are you willing to make the sacrifices? Are you willing and able to change your thinking and start having a mind of abundance rather than scarcity? If so, then you will be well on your way to becoming a millionaire!