Sunday, September 20, 2020

Get Financially Successful in the New Decade

BY STEVE SIEBOLD, 27 Jan, 2020

    2020 isn’t just the start of a new year, but of a new decade. If the 2010s didn’t bring you the financial success you were hoping for, what can you do differently this time around? Whether it’s becoming more financially independent, getting out of debt or becoming a millionaire, there are five ways you can make more money in the new decade.

    Above anything else, it starts with a single belief that you can do it. Unfortunately, when it comes to money and big-time success, the masses will scorn and make fun of you. They’ll tell you you’re being silly and to stop wasting your time. Don’t pay any attention to them. The only one you need to listen to and believe is yourself. If you think you can do it, you’re much closer to making it than you realize. Ditch your friends and get around people who believe in your vision.

    Solve a problem
    Problem solving is the cornerstone of big-time wealth and success. You can solve a very large problem for a small number of people, or a small problem for a large number of people. Either way, come up with the solution that is going to make life easier for others, and you’ve got a winner. Start with your natural talents and expertise. What is the biggest problem that you see? What do people struggle with? Do you have the solution? Most people believe making money is mysterious. The truth is money flows from ideas. The more value you bring to the marketplace the wealthier you become. Getting rich in a free market economy is simply a matter of trading solutions for money.

    Learn to be uncomfortable
    Most people just want to be comfortable, be it physical, psychological or emotional comfort. Comfort, more than anything else, is one of the primary goals of the middle-class mindset. The fact is, becoming a millionaire isn’t easy and the need for comfort can be devastating. If you want to attract the big money, you have to learn to be comfortable while operating in a state of ongoing uncertainty. The great ones know there’s a price to pay for getting rich, but if they have the mental toughness to endure temporary pain, they can reap the harvest of abundant wealth for the rest of their lives. Start today by making a list of five things you must do that are uncomfortable but will help you build your financial fortune.

    Become obsessed with success
    The average person believes obsession is a bad word. The truth is wealthy people have a healthy obsession with getting what they want, which includes money. The wealthy see business and life as a game, and it’s a game they love to win. This is the reason millionaires still go to work every day chasing their next success. Money to these people is no more than a gage that tells them when they have achieved their latest target. For the ultra-wealthy, it’s no longer about money but about success and accomplishment. There’s nothing wrong with being obsessed with wealth, but winners love to win and the elation they experience after victory never gets old.

    See money as your friend
    Most people have a dysfunctional, adversarial relationship with money. After all, we are taught that money is scarce, hard to earn and harder to keep. If you want to start attracting money, stop seeing it as your enemy and think of it as one of your greatest allies in the new decade. It’s a friend that has the power to end sleepless nights of worry, physical pain and can even save your life. The rich see money as a special friend that can help them in ways no other friend can, and these positive feelings lead them to build a stronger relationship every day. Start telling yourself on a daily basis that money is your friend and a positive force in your life, and your mind will go to work to help you acquire more.

    Steve Siebold is the author of the book How Money Works, and a self-made millionaire who has interviewed more than 1,300 of the world’s wealthiest people over the last 35 years.


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