10 Ways On How To Think Like A Billionaire

10 Ways On How To Think Like A Billionaire

Behavior experts agree that true success begins in the mind.

The book ‘’ Think and Grow Rich’’ written by Napoleon Hill is a perfect example of how your brain and your mind play a major role in your personal life and your career.

Multi-billionaire and successful investor Warren Buffet’s mentor Benjamin Graham wrote a book called ‘’ The Intelligent Investor’’ where he expresses the proper mindset on accumulating wealth. 

Daymond John, CEO, and founder of FUBU  was diagnosed with dyslexia is a living example of achieving economic success, by having the right frame of mind.

The intent of this article is not to say that you will become a financial guru once you follow the outlined steps listed here, because you have to put forth a lot of dedicated effort in order to become a billionaire.

Many people are not willing to separate themselves from the Status Quo Mindset.’’

Your belief system will always determine where you end up in life.

King Solomon said ‘’ You Are What You Think.’’

Take a look at how all billionaires think

  1. They follow the Law of Seedtime & Harvest
  • Find a specific problem, offer an ethical promise, provide undeniable proof of solving that problem and it will influence people to trust you by paying you for your products and or services over and over again.

2. They don’t use their I.Q. as a means of measuring success

  • Money will always find its way to those individuals who provide solid solutions, value, and benefits to others.
  • Billionaires have a clear understanding of the Law of Attraction and The Law Of Multiplication in order to generate wealth.

3. They understand that there is no shortage when it comes to resources

  • They understand that establishing their authority, using persuasive psychology, and showing relevance will influence their target audience to buy their services and or products in mass volume.

 Most people follow the status quo and live paycheck to paycheck without planning for the future. 

Billionaires are constantly increasing their assets in their Diversified Investment Portfolio.

A). Businesses-Usually 7 streams of income or more.

B). Real Estate-Residential Home, Second Home, and or Third plus Commercial Property.

C). Precious Metals-Gold, Silver, Palladium, Platinum, and Rhodium.

E). Annuities-Life Insurance, Homeowners Insurance, Low-Cost Index Stocks, Bonds, etc.

F). Equity

G). FOREX-Foreign Currency Exchange

4. They are willing to take risks and burn the box

  • They believe in searching for new opportunities in order to make good on their investments. They don’t just step out of the box they burn it so it doesn’t exist in their mind anymore.

5. They hold themselves accountable for their actions

  • They view failure and setbacks as nothing but learning curves.
  • There’s an old saying ‘’ How To Take Lemons And Make Lemonade, billionaires are good at this.

6. They don’t say if it’s meant to be it will just happen

  • Billionaires believe in shaping their own future, by being dedicated, diligent, and staying focused on their wealth-building goals. 

7. They say to themselves if I believe it then I can achieve it

  • Pessimism and doubt don’t have any place in the mind of a billionaire.
  • They don’t see having an abundance of wealth as being evil.
  • They view money as a tool and a servant, and not their master.

8. They have a broad imagination

  • Billionaires never think small when it comes to planning and achieving their wealth-building goals.
  • In order to achieve it, you must believe it.

9. They are relentless in their pursuit of building generational wealth

  • All billionaires experience personal problems, and financial setbacks, however, they don’t allow such setbacks to stop them from achieving their goals.

10. They seek out sound advice

There’s an old proverb that says In The Multitude Of Counselors There Is Safety.

  • Henry Ford the founder of the Ford motor company is a perfect example of this. 
  • Ford only went to the 8th  grade; he later sought other experts to help him shape and run his business. 
  • Many billionaires have sought out mentors before they became wealthy which is an excellent way to learn how to accumulate wealth. 
  • Floyd Money Mayweather stated that he seeks out expert advice from his billionaire friends. 

Stephen R. Covey wrote a book called The 7 Habits of Highly Effective People.

Covey's book is a good read for those of you who desire to change your mindset in order to be more successful at generating wealth. 

Other Tips Include

  • Finding someone who has the type of lifestyle you desire and study their habits relentlessly.
  • Becoming more financially literate
  • Don’t spend more than you earn.

Learning a new marketable skill that’s in high demand:

  • Creating Web Content
  • Data Analytics
  • Software Development
  • Structured Query Language (SQL)
  • UX Design
  • Public Speaking & Public Relations
  • Copy Consultant + Business Consultant + Sports Commentator
  • Copyediting
  • Media Relations & Management
  • Social Listening & Management
  • HR Sourcing
  • Reading Financial Statements
  • Closing High-End Ticket Sales
  • Content Marketing
  • Writing Press Releases
  • Powerpoint Presentations-Zoom + Teaching Webinars
  • Creating Style Guides
  • Creating Facebook Ads
  • Producing E-mail Campaigns
  • Creating Video Scripts
  • Healthcare-Generate lively consumer ads for someone’s brand.
  • Linux Skills
  • Mobile Application
  • Virtual Reality 
  • Business Analysis
  • Creative Concepts

Seek out a successful mentor.

Seek out well-known Financial Planners for advice.

Plan your daily schedule around your wealth-building goals.

Exercise and watch your diet

Get a proper amount of rest

Speak positive affirmations-’’ If I Can Believe It, I Can Achieve It.’’

Rest if you must, but don’t give up

Now that the ball is in your court, my friend, what are you going to do, continue to believe and think according to the status quo, or think like a billionaire?








Mubina Aziz

?? Virtual Assistant | I help CEO's simplify day-to-day operations, optimize workflows, and free up time for strategic growth.??Podcast editor- editing, audiograms, broadcasting, social media management.

3 年

Great advice there Michael Ellis. Esp. about switching your mental gear on the status quo and challenging yourself to think outside the box.

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