In today's episode, Stephen explores 5 Millionaire Habits that will lead you to financial success.
"Getting rich old doesn't work" - The idea of getting wealthy when your old is not something we should be aspiring to. We shouldn't be waiting for our pension to carry us when we can secure our own financial futures.
If you want to become successful, look for problems to solve. Build something or worth now so that eventually you can sell that business and have the capital to invest into other secure investments.
"The slow lane doesn't work' - The Slow Lane - Got o college, get a job, pay tax, buy a house, have kids, get married, save a small amount of money each month so that you can live off of it when you retire.
You can't be waiting for your pension, you would be better off investing that money into something that can make you money while your sleep! Like an Amazon FBA business or selling digital products, even Real Estate can generate this kind of passive income.
Learn the power of leverage.
"Remove the barriers to your success - What is in your way? Is it a mental barrier related to your belief system or a physical barrier stopping you?
Change the mindset from "It's risky to start a business" to "When I know what I'm doing, it's not risky".
"You have to have a plan" - What is your plan?
Look at your income right now and see if you're making enough money to realistically start a business?
If the answer is no, what plan are you going to put into action to increase your income? Start a side hustle? Work another job?
Be honest with yourself, what is holding you back right now?
We all have the ability to become successful, it just depends on how solid the plan is and how well you can stick to it.
