You are born rich. Yes, you did not read wrongly. In this article, I will show you the mindset of a millionaire hidden inside you. Unlock it, and you will live a rich and fruitful life.
We are all made up of energy vibrations. The frequency at which our minds vibrate will help us attract the kind of money, health, and happiness we desire to have. We are an energy magnet.
If you find this familiar, you must have heard of the Law of Attraction. It is a universal law that exists regardless of your beliefs.
Have you ever experienced, during your school days, the more you worry about being called up by the teacher, the more likely it will happen?
Or when you go to a shopping mall, if you think you will find a parking lot effortlessly, you will somehow get one? Try it if you have not. It works well.
To develop the mindset of a millionaire, there are a few things we need to do. It is not just sitting down to think and wish for it. There are a few things that we need to do in order for the kind of success that we desire to come near to us.
And this is where I would like to share the W.E.A.L.T.H. concept as a takeaway for you in this article.
W.E.A.L.T.H. – Your Big Why, What, and When
We need to develop a vision for ourselves, and it is something that takes time to discover.
Or that vision may change over time. But eventually, we should come to a realisation on what is the purpose of our life and when do we want to achieve it.
When we know what we really want in life, we need to have faith and believe we can achieve it.
Set life goals that are crystal clear. Write these down and ensure you have access to these goals conveniently. Read them every day to remind yourself constantly of your visions.
Rome wasn’t built in a day. Once we have our goals created, we must break them down into smaller deliverables. Make it as atomic as possible so it can be easy enough to achieve.
Reward ourselves every time we achieve a milestone. We should always celebrate to encourage ourselves to keep going.
But understand that changes always go beyond plans. Life will throw us curveballs. Nevertheless, initial planning is ESSENTIAL in our LIFE plan.
W.E.A.L.T.H. – Environment
In Chinese history, there is the story of “Three Moves by Mencius’ Mother (孟子三迁).”
Mencius was a Chinese Confucian philosopher in the Warring States period. The story was about his mother moving three times to find the right environment for his upbringing.
And Mencius was described as the next most famous Confucian after Confucius himself.
We can see the importance whereby being in the right environment helps us grow in the right direction. It shapes our mindset, attitude, and behaviour.
Look at our surroundings. Who do we usually hang around? What topic do we usually discuss during our meetups? If the environment is always about complaining, gossiping, or other negativities, I strongly encourage that we remove ourselves from that environment.
Research shows that if we hang around with people we admire or are inspired by for 21 days straight, such as having a meal, chatting, or learning from them, we will notice changes within ourselves.
We will start to converse in their way, and our thought frequency will gradually upgrade to their levels.
W.E.A.L.T.H. – Appraise Your Personal Goals
It is only natural that when we set goals for ourselves, we will want to have a checkpoint to review and measure how well we have achieved them.
It is a feedback loop for us to reflect on our performance for the year.
Nevertheless, we want to be holistic. It is common to set job or career-related goals demanded by our “bosses.”
But how many of us have set personal goals relating to health, wealth, relationship, or personal development?
How well do you stick to your personal goals and be accountable for them?
How serious are you about your new year’s resolution?
Invest all necessary time and effort in achieving your personal goals.
Double down on the goals you achieved to bring you to the next level.
Continue working on your existing goals till completion if you are unable to complete them in time within the year. Do not chase new shiny objects until you have achieved all of your existing goals.
Be consistent. Persevere.
W.E.A.L.T.H. – Leverage
We can never learn everything. Learning to leverage the experience, knowledge, or expertise of others will shorten the timeframe for us to achieve the success that we desire.
There are three relationships we should join, form, and seek to gain this leverage. And these are Communities, Mastermind Group, and Mentor.
Communities
Immerse yourself in the right communities that align with your beliefs and goals.
Referring to the earlier section on environment, we should choose and observe whether the communities we join are helping us in our personal growth and align with our vision.
Mastermind Group
The road to success can be lonely. So it is essential that you find and form a mastermind group with people who share similar desires to succeed but with different expertise where possible.
Searching for the right people in your mastermind group involves an element of fate.
You are essentially building a team that mutually benefits one another by sharing expertise, knowledge, and experience.
Mentor
And lastly, we need to find ourselves a mentor. Generally, the sentiment is that a mentor we follow is someone who is very successful and has very credible results.
However, in my opinion, this person need not be the best. But he must at least be someone who genuinely wants to see our success and is able to steer us in the right direction when needed.
As you may realise, it is easy to find communities, but it gets harder to form a mastermind group and much more challenging to find a mentor.
But keep searching, as it will surely reap dividends for you in the long term.
W.E.A.L.T.H. – Test and Learn
We got to keep trying out new ideas and determine what works best for us.
It is better to fail early than to fail too late. Failure is the best teacher for us to learn to succeed.
The more actions we take, the faster we gain exposure and experience.
This feedback loop will help us to figure out our winning formula.
The road to becoming rich requires determination and effort to succeed.
W.E.A.L.T.H. – Habits
A thousand miles begin with a single step. One step will lead to another, and another, and another.
Keep the momentum, be consistent, and persevere.
Form habits that gear you up for success. Start small so that it is easy and attractive to do.
For example, successful people have a habit of reading. If you do not have a habit of reading, you can start by reading just 1 page of a book every day.
Continue doing that until you feel comfortable reading two pages a day and so on. Improve yourself by 1% every day.
Final Thoughts
We are not alone. We are all on the road to becoming millionaires together. Together we grow.
I hope you find the W.E.A.L.T.H. concept useful in helping you develop the mindset of a millionaire.
If you ever need help in financial planning, you can reach out to me here.
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