The wealthy top 1% break cycles, help others, create jobs, invest in themselves, connect with other wealthy people, and have a bigger vision than others.
1Wealthy people live by the Status Quo
The status quo is the idea that you should go to school, get a degree, work for 40 years and then retire. Wealthy people don’t play by the rules of the status quo. Wealthy people have goals and bigger dreams they want to achieve and will never give in to the old-fashioned ways of making an income. They also have at least 7 streams of income.
2They never spend more than they make
Debt is one of the biggest enemies of wealth. If you spend money on credit and have $3000 in debt, then you are only getting a 33% return on your money instead of 100%. Now if that same $1000 had no debt attached to it, you would get an infinite return on your money. Wealthy people know what they can and can’t afford. Sacrifice now so you can enjoy it later.
3Surround yourself with winners
You are the average of the five people you spend time with. If you hang around people who live paycheck to paycheck and complain about money all the time, you’re going to spend your life doing just that. Surround yourself with winners who care about the future, making money, building generational wealth and creating financial freedom.
4Wealthy people have discipline and focus on income production
You have to produce income through hard work, focus, and dedication. Wealthy people dedicate themselves to the success of their business. Focus 95% of your time, energy and resources on production and income. Get rid of any non-revenue producing activities. Invest in income-producing activities and map out your production plan to hit your $1m targets.
5They make good decisions
Decisions are followed up with time, energy and money and must be repeatedly followed up with time, energy and money. This is why most people never do anything with the information, they get information and then get hit with life – distracted and unable to follow through. Wealthy people understand how crucial it is to make intentional decisions.
My team can give you all of the resources you need to start becoming wealthy. Join the 10X Workshop and discover how we can get you to become a 1 percenter and build a life of financial freedom for you and your family.