Secure Your Millionaire Mindset: Part 1
Check your mindset
It only takes one person to change your life. You.
We all want success. Well, it’s safe to assume that everyone reading this does. Or maybe your stubborn friend kept sending you links to this blog or you saw it shared on social media, and you’re not sure why you’re here. Even so, chances are good that you want more. More money, more time, more possibilities.
Few of us know how to get there.
There’s a cluster of inspirational and motivational content ever circulating the internet, filling our social media feeds and inboxes. Each one claims to have THE key to it all; one thing that if done will skyrocket you into your dreams.
I’m here to burst your bubble and set the record straight. To be the best possible version of yourself require a specific mindset. And this mindset has many moving parts. It isn’t always easy—most things worth doing aren’t—and it isn’t going to feel comfortable. But if you follow the mindset challenges over the next three weeks and implement them into your daily behaviors, thoughts, and actions, you WILL be on a better road.
“You will never change your life until you change something you do daily.” John C. Maxwell
Start by asking yourself the following questions.
1 – How much money do you want to make?
2 – What are you going to do with the money?
3 – Why is this important?
True financial independence is simple: it is the ability to live from the income of your personal resources. Every person who lives in a free and capitalistic country should have the ability to live financially independent (that’s a blog post for another day). Now, the amount of resources you need depends on the way in you wish to live.
Your financial goals will vary; it isn’t always about making millions. A modest life requires modest resources. A lavish life requires more resources. You are in full control both what the way you want to live and your ability to afford it.
Now that you know how much you need to make to live, you get to determine the work required to get there.
See, this is something that we’re taught in reverse. We’re taught that we need to follow “what we love” and then become an “expert at it” and the “money will follow.”
But you should want to do the work required to live the lifestyle you desire based on the income of your own resources so that in the future, you can work because you want to work and not because you have to. Do what you have to as quick as you can, so you can do what you want to as long as you can.
- Decide what you have to bring to the table. Factor in your skills, work history, and big vision.
- What are you going to bring to the market place?
- How much do you have to work in your chosen field to make the money you need to be financially independent?
- How far away are you from learning a new skill that will help you achieve your financial goals (HINT: it’s probably closer than you think)?
Jim Rohn, author, entrepreneur, and motivational speaker said, “You don’t get paid by the hour, you get paid by the value you bring to the hour.”
If you can’t make the kind of money you need in your current profession, it’s time for a change. Millionaires don’t give themselves earning caps. They don’t give themselves learning caps, either. Change you situation, find new opportunities (we’ve got a few for you at The Lee Arnold System of Real Estate if you’re struggling to find a REAL way to set yourself up for life in The Circle of Wealth.)
It can be easier said than done for those of you who’ve spent a lifetime centering your life around this phrase, but to truly shift your mindset, you must stop saying, “I can’t afford it.”
How many times do you suppose you’ve said that phrase in life? Most people have this excuse on autopilot, so ingrained from their upbringing that letting it go is a significant effort. Instead, take a tip from Rich Dad, Poor Dad‘s Robert Kiyosaki and try asking yourself, “HOW can I afford it?”
We’ll talk about overcoming your money fears and increasing your financial intelligence next week. But in the meantime, it’s never to early to begin your awareness of your self-talk. Note your thought patterns; everything from “I can’t afford it” to “I don’t know how to do that” to “I could never do what he’s saying.”
When you notice this negative self-talk arise, try shifting your mindset by using the phrase, “Up until now I _____ (couldn’t afford it, wasn’t skilled enough, etc.), but moving forward I will ____.”
This way you are acknowledging the legitimacy of your past while allowing yourself to change the dialogue.
Want to know one of the fastest ways to become someone new? Surround yourself with new people. I’ve talked about this before, and I’m sure this won’t be the last time I bring up the subject. Your network is everything in business.
In order to control your financial destiny, it is vital that you have a grid of friends and colleagues from whom you can learn and grow. It is through relationship that we access the parts of ourselves we have yet to discover.
But you can’t just exchange your current group of friends for a new one. You need to find the right ones. Start by deciding who you want to be, what is important to you, and why, and then find those who already embody those things.
If you want to be successful in real estate investing, get around successful real estate investors.
If you want to be a successful private money broker, surround yourself with master brokers who pull in six-figure incomes with their job. (Don’t know where to look, call us, we’ll help.)
When we commune with others in purpose, we bring massive value to each other. And trust me; you’ll know when you’ve become that successful person because you’ll get invited out to coffee by those wishing to emulate you.
“The mind is the limit. As long as the mind can envision the fact that you can do something, you can do it.” Arnold Schwarzenegger
If you truly wish to expand your mind and change your mindset, there are steps you can take daily that require little in the way of energy, but much in the way of willpower. But, like anything you wish to turn into a habit, the daily application of the following need be all you do at first.
- Read every day. You will greatly and quickly extend the capacity of your mind if you read 30-40 pages of material daily in your field of study, in the subject of mindset, or even in a cross-trained area of finance, economics, or business. Make sure the content is rich and positive, and then read, read, read.
- YouTube is a free resource where you can find thousands of educational videos, motivational tools, and channels full of great information. Because it’s so large and anyone can post, find a few trusted channels whose content you know will be quality, and create some playlists. If you arm yourself with videos at your fingertips that challenge and motivate you, and then listen to them daily, you will get pumped up quickly and be able to get into a millionaire mindset faster.
- Fill your feed. If you’re a chronic social media scroller, fill your feeds with positive. Whether Facebook, Linkedin, or even your favorite news app, follow those who post mindset content like Les Brown, Brendan Burchard, Dr. Joe Dispenza, Lee Arnold (follow me on Facebook by clicking HERE). I could go on all day… The point is, if you’re going to be on social media, make the most of it by making your experience rich, not scrolling through pie recipes from your Aunt Sally that aren’t going to serve you.
Thanks to our computers and phones, for the first time in the history of the world, we have access to the same information that wealthy people have access to. The difference is where you look.
We can’t control the thoughts that come into our brains. Have you ever tried? It’s exhausting! But we CAN control the thoughts we dwell on. This week, focus on the dwelling on positive thoughts.
Next week, I’ll get into the meat of your millionaire mindset and give you more practical tools to set you on your journey toward thinking like a millionaire and then becoming what you think.
To Your Success;
Lee A. Arnold
The Lee Arnold System of Real Estate Investing
My humble beginnings started as a bag boy at a local grocery chain in Spokane, Washington working for $3.90 per hour. Even thought I aspired to be a manager, I realized I was on the wrong path to success and needed to make some very important changes fast.
Through long years of trial and error, I built up a very profitable, million-dollar real estate business from the ground up. I’m proof-positive that training systems can and do work. Because of this, I created The Lee Arnold System of Real Estate Investing to teach clients how to translate workbook education and real estate theory into the real world of real estate investment success.
Then, I created Cogo Capital® where real estate investors could go for unlimited funds for their non-owner occupied investments. Since then, I have been involved in over 1 Billion Dollars-worth of real estate deals with clients. While the progression seemed natural, we were missing one, very large and essential piece of the pie. Then came Secured Investment Corp, which gave people the training they needed to safely lend on first trust liens (real estate), and make higher returns than they were currently seeing in their stock market, bank CDs, or bond investments. As we combined all these facets—training, funding, and the education to lend on real property—we began to notice a progressing trend of growth and success with the clients involved.
Through this model that we call “The Circle of Wealth,” we noticed that people who entered in at the training level and borrowed funds for their real estate investments eventually became lenders in their own right. They then helped others obtain the capital needed to grow their real estate portfolios. This allowed everyone, on every side, to succeed. It is our goal that everyone can enjoy some level of success in The Circle of Wealth, and inevitably lap it several times over. It’s time to join the Circle of Wealth today.