What is
wealth?
Many
people define wealth within a spectrum of many different values. Wealth can be
defined within the context of monetary accumulation, good health or living a
desired lifestyle. No matter what criteria you attribute to wealth, it all
boils down to the image of living a life beyond an average state of existence.
Going
from that point of recognition, it is important you begin to recognize what
develops a
wealthy mindset. Even with these different variations of what can be defined as wealth; the key
wealthy mindset. Even with these different variations of what can be defined as wealth; the key
component within the equation is a mind which
welcomes wealth within its confines.
How to Build A Wealthy Mindset
Many
people have a generalization of what is considered wealth. But, everyone does
not have the ability to possess true wealth within their lives. This is because
their mindset denies them the ability to think wealthy. Their mindset is stuck
within the cages of mediocrity and victimization.
If you
want to be able to develop a wealthy mindset, which leads you to creating
powerful wealth for yourself, follow these necessary steps.
1 Define Your Desired Wealth
This is
not where you do the typical generalization of a big house, three luxury
vehicles and a closet full of designer clothing. You want to move beyond the
typical definition applied by those who only dream of wealth but don’t change
themselves nor actually work hard for wealth.
When I
say define your desired wealth, I want you to be as detailed and specific as
possible:
- Create an outline of your desired mindset
- Create an outline of your desired professional work life
- Create an outline of your desired lifestyle
These
three outlines will help you begin to open up your mind to wealthy thinking and
in turn will lead you to creating wealthy behavior. Understand that the mind
is a powerful tool. What you regularly allow to live within it becomes a
part of you. A broke mindset produces a broke lifestyle. A wealthy mindset
produces a wealthy lifestyle.
2 Create Actions
& Behaviors that Reinforce Your Mindset
Thoughts
are nothing but wishes without applying actions that bring them into fruition.
For example, you are on the couch thinking about how you want to be successful.
But after two hours have passed, you remain in the same position. You are just
sitting there and hoping and wishing rather than getting off your ass and
doing!
In order
to develop the wealth which you desire, you have to put in massive effort to
actually produce that wealth. This means eliminating actions and behaviors
which hold you back.
Don’t
know what I am talking about? Well let me tell you:
- Wasting time watching hours of television
- Wasting time on social media discussing gossip
- Eating unhealthy & not regularly exercising
- Sleeping in late because it’s the weekend
- Spending money to impress rather than spending money to improve and grow
- Avoiding to read because you find it boring
Cut all
the crap out and replace it with actions that help you transform your thinking
and eventually your life. Wealth creation is dependent on the discipline of a
focused mindset for effective actions and well developed behaviour.
Remember
this principle if you remember nothing else from this post!
3 Avoid People
Without Ambition
Does this
mean discriminate against people who do not generate high six figures and above
in income? No, this means avoid people who settle in life and have no ambition
to improve their current circumstances. People who possess an un-wealthy
mindset contaminate you with their deadly affliction of mediocrity.
As the
saying goes, “You are the average of the five people that you hang
around.”
In order
to increase the attraction of wealth towards you, socialize with those who have
succeeded in creating the wealth you desire. This doesn’t mean you beg for a
handout or become their groupie. It means you position yourself to soak up
their knowledge and insight on how to develop your own opportunities and
cultivate them to produce wealthy results.
the law of attraction applies heavily here. You want to be surrounded by
wealthy people in order to attract their mindset, emulate their behaviors and
have access to their network. This is how you separate yourself from the
average minded person and begin to transform yourself into a wealthy minded
person.
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