Showing posts with label becoming milliionaire. Show all posts
Showing posts with label becoming milliionaire. Show all posts

May 10, 2019

10 ways to develop the traits that get millionaires rich - from Entrepreneur Magazine

Fyi. Let us develop traits that will launch to have millionaire attitude and be wealthy. As employee we are millionaire to be trainee.  We have always told you that we want to develop you to be a businessman and possibly be a millionaire. It is good to start developing this now.

Advice from Entrepreneur on How to Develop Millionaire Mentaility

When the mind is ready, the Money will come

So what are the the advice:

1. Practice Integrity  -

    One of the secrets is keeping your word.   Practice supporting the boss and or your
    co worker so that they keep their word.  Be precise in your communications, be exact so that we dont
    taint our  integrity.

2. Be social.  

    Have a great PR, be on good terms with all people, Dont quarrel especially vs customers or
   co workers.  Some dont.  They are anti social

3. Pay the price.  You have to work hard, you must be willing to take experience before cash.   You must
   defer pleasure and gratification. You must learn to be frugal.  You must be ready to take risks

   WHAT EVER YOU DO AND ACCOMPLISH IS A REFLECTION OF YOUR PERSONALITY

4. Control  your mind. 

   Focus. Fill your minds with positive thoughts.  Block negative thoughts... Learn new things that will
   improve your techniques.

5. Acquire skills

    Be it technical in your job, the steps in your job, management, supervision, that will make you a better
    worker

6.  Master your communication

   Written, spoken. Learn public speaking.  "How to Win Friends and Influence People"

7.  Follow the truth

    Face reality as they come.  In business you can not perfume the pig.   A spade is a spade and you can
    not candy coat reality.  If you are not selling, perhaps your product does not match the competitor, and
    or your price sucks and you are doing less in promoting your product and developing your channel

   Reality bites and a good businessman accepts the truth and changes himself and his product/organization
   A failure will not

8.  Do not compete

    Rockefeller said "Competition is a sin"  It is true and not true.  You have to keep up with the minimum of
    market place.  To be liked in market place it means you do not have to be a copy cat. You have to be
    unique  by being yourself.   Being a copy cat means you are just copying and following the leaders.  Be
    in the blue ocean. Create your own uniqueness and market

9. Respect money:

   1. Cash is king
   2.  Never run of cash
   3. Pay your bills on time
   4.  Collect your receivables on time
   5.  Have updated financial records on sales, collection and inventory

10.  Aim dream higher.

      Dream big. Dreams are cheap.  What you achieve is dependent on your dreams.  Achieving P1 million
     or P10 million are the same. The difference is in the dreaming...