Becoming a self-made millionaire may not seem like something within reach for many people. However, with steady focus, the right team, and the right tools, you could find yourself in the seven figures before you know it. Mental exercise, like physical exercise, yields big results. Money is a mentality and is no different from taking that jog four times a week to keep your body in top condition. Here are two of Empire’s essential mindset exercises for growing your business into the millions for huge financial profits.
Focus on Your Current Financial Successes
Like an athlete on a sports team, focusing on failure leads to sloppy mistakes, nervousness, and doubt in your professional decisions. By focusing on your financial successes, you can begin to detect patterns in what good business decisions look like.
For example, you unveiled a new product that got your business a fair amount of attention and set you apart from your competition. Try looking closely at all the small components that made this product a success, then re-create more of that in your business. I like to call this “success hunting.”
The patterns of successful campaigns, products, and teams may vary by industry. However, by watching closely what type of investments pay off, you can begin to feel more confident in your abilities as a leader, and take smarter risks that lead to larger pay days. Success hunting can be noticing what type of personnel you hired, the visual style of successful marketing, or choosing to spend an extra $2 per piece in product production by having your product made in the U.S. rather than overseas.
Surround Yourself with Equally Driven People
We’ve all heard the old adage that “misery loves company,” but guess what? So, does SUCCESS! Like attracts like, and when you surround yourself with equally driven, passionate people, it’s highly likely that you’ll be having stimulating conversations about things that WORK. Chances are, you’ll find yourself focusing even more on accomplishments, and even benefiting from mutually sharing important stories about difficult lessons learned, to help each other avoid making the same mistakes.
If you find yourself stuck in a group of entrepreneurs that are focused on how badly their businesses are doing, and always complaining about their staff’s competency, and blaming others for their own poor leadership, begin to branch out, fast. It’s, of course, fine to vent but your professional circle needs to primarily be focused on positivity and great outcomes.
There are multiple outlets available to find like-minded business people in your industry, from networking through industry specific professional groups to getting involved with your local Chamber of Commerce. If you, yourself, are finding it hard to stay grounded in your embracing of success without giving into disappointment or blame, refer to steps one and two in this list, which are huge game changers and energy shifters.
Those are two of our millionaire mindset secrets! Feel free to contact Empire with any questions about special tax deductions that come with self-employment and education, and to learn more about how to get in the millionaire mindset. Feel free to leave comments in the section provided below and share with your friends and family to spread the money education love!