How To Become A Billionaire

You Have To Start Thinking Like One!

Have you ever wondered why the super rich keep getting richer and most everyone else just keeps getting by, or worse yet in some cases, keeps going backwards financially?

As a man (woman) thinks, so he (she) is. (Proverbs 23:7)

Scot Anderson, author of Think Like A Billionaire, says, “Billionaires think differently than we do. If we took all of a billionaire’s money away, in a matter of time, they would be right back to where they are today, because of the way they think.”

The following words of wisdom are excerpts from Anderson’s book.


Billionaires Think Differently About:

MONEY: We look for ways to spend money. Billionaires look for ways to invest money.

When it comes to money, the wealthy have self-control. This is one of the biggest battles you have to win in the inside of you. To have self-control you need vision. Vision brings restraints, boundaries into your life. Without vision you have no boundaries.

Your vision dictates your outcome. If your vision is big, your outcome will be big. If your vision is small, your outcome will be small.

INVESTING: We invest just a little. Billionaires realize investing is the key to abundance.

JOBS: We think a better job will make us wealthy. Billionaires know that a job will never make them wealthy; investments will.

RISKS: We stay away from risks because we might fail. Billionaires know if they don’t take risks, they’ve already failed.

Ask any billionaire how he got where he is today and he will say, “Risks!” You cannot achieve success without stepping out. We stay average because we play it safe. Billionaires become wealthy because they stepped out and took a chance. We say, “What if we fail?” Billionaires say, “You fail if you don’t take a risk.”

Most billionaires have had more than three businesses go under. Most billionaires have gone bankrupt at least one time, some multiple times.

Life is full of risks. We face them every day. If you want to have any success in life, you have to be willing to try some things, take a few chances and step into areas that are new and often unfamiliar to you.

You have to study and learn but you also have to work and apply what you learn for success to happen.

One of the principles that you have to commit to is becoming a person of action. In life, everything we do that has a reward to it also involves some risk. There is no reward without risk.

Failing at something does not make you a failure unless you stop trying.

PROBLEMS: We try to avoid problems. Billionaires see problems as opportunities to make millions.

Nothing happens in life just because you want it to. You have to make some effort. There will always be obstacles to your progress. But you have to start thinking differently about the problems you face. They cannot be things that cause you to give up. They have to be overcome.

What stands between you and success? You have to identify it and figure out how you are going to conquer it and be successful in whatever you are doing. You must think differently so that you are not intimidated by the obstacles.

Billionaires know that problems are what make life so great. Problems are where millions are made. We ignore problems. Billionaires conquer them. We try to get away from problems. Billionaires go after problems. We want a problem-free life. Billionaires know that problems are what life is about.

Successful people welcome challenges. They look for mountains to climb. The average person tries to find a way around mountains instead of climbing them. They try to circumvent and avoid problems. They try to get away from any negative circumstances in their lives, so they avoid and never face their problems.

If you want to move to the next level, you have to become a problem solver, not a problem avoider. How successful you become in life is based on how you handle problems.

If you are a problem solver on your job, your boss will love you. You will become irreplaceable in his life. He’s going to give you raises and promotions and do anything he can to keep you there. Do you want job security? Become a problem solver. There are plenty of problem finders in every business. Problem solvers are the ones who rise to the top because they are so rare.

Understand this. The more successful you are in life, the more problems you will have.

PREPARATION: We prepare today for today. Billionaires prepared today for the opportunities of tomorrow.

Billionaires know that life is about windows of opportunity. If they are not ready for the window, they will miss the opportunity. People have windows of opportunity open for them all the time. But they usually miss them because they are not prepared. The windows close before they take action.

If you do not prepare for things that will happen in your life, you will go through every single day the same way. You will not grow or change. Billionaires use a portion of time each day to prepare for whatever comes their way tomorrow.

What you want in life will not just drop in your lap. Windows of opportunity will open and, if you are not prepared for them, they will pass you by. The amount of preparation that you do will determine your harvest.

You have to seek wisdom and prepare for the opportunities you want. Knowledge and wisdom will catapult you in your business or whatever you do.

TIME: We waste time. Billionaires see time as their most valuable asset.

A billionaire’s most valuable asset is not his money. It is not his car, his house, even his corporation. It is his time. Time is the only limited resource we have. I can get more money. I can get another car. But I can never get more time. My time here on earth is limited.

The successful do not waste their time. They do not let it get away. They maximize every minute and every hour of every day. Time is irreplaceable in your life.

Your time and how you use it now is producing your tomorrow. You have to ask yourself one question. What are you producing? If you do not commit your time to learn how to get where you want to be, you will never go anywhere.

You have to identify your time wasters and you have to remove them.

Change your mind and you will change your future. Start today. Tomorrow depends on it.


See you next week for more Wisdom Matters!

 

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