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Mistakes Millionaires Don’t Make

EVERYONE WANTS TO UNDERSTAND AND EMULATE THE MILLIONAIRE MINDSET!

What many people don’t realize is that most millionaires aren’t just focused on the dollar signs attached to each project, they’re thinking about the bigger picture. It’s easy to look at things like investment opportunities and immediately assume that because they’ve got a lot of money potential they are a great option for you.

A successful millionaire knows that it goes beyond the surface. In order to make consistently successful decisions about money and investments you’ve got to be looking at the overall value of the project. A successful millionaire knows that it goes beyond the surface. In order to make consistently successful decisions about money and investments you’ve got to be looking at the overall value of the project.

Forbes: The World’s Billionaires

I place a great deal of value on my time. When I look at a project and I’m planning my schedule I look at the scale of it – I need to know just how many hours I’ll spend on it in the upcoming days, weeks, or even months that I might be involved. I want to look at what my upside potential is based on how long something is going to take.

ORGANIZATION IS ESSENTIAL 

You won’t find any success unless you’re keeping on top of your schedule and using your time efficiently and effectively. Even if I’m investing or I’m getting free equity I put serious thought into how much time will be required. Free equity might not really be free if people demand huge amounts of my time along with it. If I’m being asked to provide a lot of time for free, is it worth it? The cost might not be in actual cash, but when I know my worth I know exactly what I’m gaining and losing.

What Are You Missing? The most Important Qualities That Make Exceptional CEO’s… steve

The bottom line is this: how much of your time does something take and what is the upside when you start looking at your overall day? The millionaire mindset means you know when to get rid of things that don’t provide enough benefits for the amount of time they require. It means never undervaluing yourself and your abilities. Successful millionaires know their worth, and they don’t compromise on it. That’s a millionaire mindset.

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