7 Principles to Become a Millionaire (Watch THIS to Get RICH)

7 Principles to Become a Millionaire (Watch THIS to Get RICH)

March 18, 2024
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Author: Big Y

💰 The Secret Traits of Becoming a Millionaire: A Step-by-Step Guide

Becoming a millionaire is a dream that many people have, but few actually achieve. There is so much misinformation out there when it comes to the actual steps of becoming a millionaire. There's so much more involved in getting rich and changing your life financially than just watching a couple of videos on YouTube about how to make money. Today, I'm going to reveal to you the secret traits of what it really takes to become a millionaire. I guarantee if you stick around until the end of this article, you're going to hear things and get a perspective that can shift the way you think about your everyday life.

Table of Contents

1. [Set Clear and Specific Goals](#set-clear-and-specific-goals)

2. [Learn a High-Value Skill Set](#learn-a-high-value-skill-set)

3. [Prioritize and Eliminate Time-Wasting](#prioritize-and-eliminate-time-wasting)

4. [Make Sacrifices](#make-sacrifices)

5. [Be Prepared to Cut People Off](#be-prepared-to-cut-people-off)

6. [Be Consistent](#be-consistent)

7. [Use Your Blessings as Stepping Stones](#use-your-blessings-as-stepping-stones)

Set Clear and Specific Goals

The number one step to becoming a millionaire is you need to set clear and specific goals. Sit down and ask yourself this question: What are my five biggest goals in life? Clearly define what you want to achieve, then break down your goals into smaller actionable steps. With specific goals, you are more likely to act on them. Let me give you an example. You saying, "I want to get rich" is not a specific goal. If you say, "I will spend 2 hours of my day learning a new skill that will eventually make me money," this is an actionable statement. You need to ask yourself why do I want to achieve this wealth in my life? The desire for money alone is not enough of a reason for you to pursue this millionaire status. If you have this mentality that you want to get rich and you want to make money and you don't care how you do it, this mentality and this desire for money can cause you to fall into traps in your life which will then put you in a worse position than you were to begin with. There has to be a purpose behind your goals in life.

Learn a High-Value Skill Set

The second thing that I need you to do is to learn a high-value skill set. Spend a minimum of 2 hours a day to work towards what I'm about to tell you. No distractions. And before you say, "Well, I'm busy," you're probably already spending this time scrolling on social media without even really knowing it. Making daily sacrifices is essential to success. So, what is a high-value skill? This is a skill that you can easily monetize. Examples of this would be content creation, video editing, online sales, and the list goes on. Choose one of these skills that interests you. Start selecting YouTube channels to learn from. On my YouTube channel alone, I have over 20 free courses you can learn from. I want you to watch these and start studying these to find what's going to work for you. Set a goal of how many times a week you're going to commit to this. If you absolutely can't find 2 hours of your day to do this, then pick one to two days out of your week to commit to learning. Learning new skills and opening your mind to how many ways there are to make money online can really get your gears going to start seeing ways that you're going to make money in your own life.

Prioritize and Eliminate Time-Wasting

Think about activities that you do on a daily basis and ask yourself, "What is this activity adding into my life?" I'm going to put emphasis on the fact that you need to filter and eliminate distractions such as excessive social media use or unproductive habits. Start prioritizing tasks that align with your goals and start thinking of your time as money. Spend your time where you will know you will be provided with the highest return on that time investment. One thing that can help you do this is start planning your days in advance. Before you go to bed, write down eight things that you want to complete the next day. Rank the tasks in the order that you are going to complete them and get them done. No excuses. And of course, enjoy the process as you're doing it. It shouldn't feel painful to want to upgrade your life or want to do things that are going to help you to become a better person.

Make Sacrifices

Only start doing the things that get you closer to your goals. If they're not, cut them off. Going to the club? No thank you. Getting drunk? Absolutely not. Alcohol is scientifically proven to increase levels of dopamine, which will lead to feelings of happiness without you knowing it. Partying and excessive drinking is known to give you that feeling of feeling complete to where you'll no longer start caring about your goals since you are now obtaining that feeling from a substance. This goes for any addiction, any activity that does not move you closer to your dreams, immediately remove it. And of course, prioritize your health and sleeping schedules. You don't have to be perfect all the time, but it is extremely important to get the right amount of sleep every single night. Start focusing on the daily habits in your life, and you will get the outcomes. Your daily habits define your future.

Be Prepared to Cut People Off

Only surround yourself with supportive people who uplift, inspire, and encourage you. They may seem supportive now, but once you start making bigger moves in your life, that support might disappear. If someone undervalues your dreams or achievements, consider distancing yourself from them. Share your wins with people who genuinely support you and learn to let go of negative, unsupportive people. You do not owe anybody an explanation as to why you are doing things that you want to do. You also don't owe anybody an explanation as to why you are spending time working on your goals and not hanging out with them. You and your future come first. Friends will come and go all throughout your life, but you have to live with yourself for the rest of your life. The real flex is having friends that you can be your authentic self with. If people in your life don't understand your visions or your goals, you don't need their approval or validation.

Be Consistent

You are not going to see results right away, no matter what you do to make money. You also have to be willing to do the boring tasks that contribute to your progress, even though they might be a little boring. Remember that small steps lead to big achievements. Progressing slowly is better than not progressing at all. Be consistent and stay committed to your goals.

Use Your Blessings as Stepping Stones

What if I told you that everything you have in front of you right now is enough to achieve success in your life? You already have every single tool that you might need. Use the blessings that you have in your life right now in order to work towards bigger blessings in your life. Life is going to throw so many different things your way, and you have to have your armor ready and put on in order to face those things every day. But just remember, it doesn't matter if you are young or old, every single day that you are waking up, God has a plan for your life. So, don't ever think that you're too late in life for something or that you messed up too many times in the past that you're not going to try it again because the only person that is telling you that is yourself. It's time to change that way of thinking in order to work towards a better you.

Highlights

- Set clear and specific goals

- Learn a high-value skill set

- Prioritize and eliminate time-wasting

- Make sacrifices

- Be prepared to cut people off

- Be consistent

- Use your blessings as stepping stones

FAQ

Q: What is a high-value skill set?

A: A high-value skill set is a skill that you can easily monetize. Examples of this would be content creation, video editing, online sales, and the list goes on.

Q: How do I prioritize my time?

A: Start planning your days in advance. Before you go to bed, write down eight things that you want to complete the next day. Rank the tasks in the order that you are going to complete them and get them done. Spend your time where you will know you will be provided with the highest return on that time investment.

Q: How do I stay consistent?

A: Be committed to your goals. You are not going to see results right away, no matter what you do to make money. You also have to be willing to do the boring tasks that contribute to your progress, even though they might be a little boring. Remember that small steps lead to big achievements.

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