7 reasons why you're not a millionaire!

in #life7 years ago (edited)

7 reasons why you're not a millionaire

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Did you know that both the Netherlands and Belgium are among the 15 countries with the highest density millionaires?

Belgium is ranked 12th with 10.9 million inhabitants, with 2.9% of households being net worth 1 million or more. The Netherlands is ranked 13th with 16.6 million inhabitants and 2.6% 'million households'.

If you are not a millionaire, keep the above statistics in mind while reading the list below. Commit yourself to making every possible change that helps you become a member of the millionaire club.

Here they come

7 reasons why you're not a millionaire

You do not have your own business
80% of all self-made millionaires have their own business.

And while there is no guarantee that you become a millionaire with your own company, it's highly unlikely that you become a millionaire by working for someone else.

I created my first million level before my 23rd birthday, 4 years after I started my own software company.

You avoid taking risks
You can not be a millionaire without taking risks

I'm not talking about unnecessary or unnecessary risks, but success is always waiting for you ... outside of your comfort zone.

I've been struggling for almost 10 years with my training company, until I was willing to go all in. I focused on serving a new target group consisting of only 8% (eight percent) of the current target audience. As a result, almost 90% of our "old" customers subscribed to our mailing list.

18 months later, the Business Bootcamp® was born and the rest is ... as they say ... history.

You do not implement
Thinking millions of ideas is one ... implementing it totally different.

If you like to dream about products, services and millions of euros, but never take action to make those dreams come true - never get rich.

People often ask me if everyone can become a millionaire.
And my answer is "Yes!" Everybody CAN, but not everyone is willing to do what is needed.

Implementation is the keyword!

You're not going to be smart with your money

Most people (in the Netherlands and Belgium) have the potential to become millionaires.

However, most people handle their money badly (or not at all).

Most parents of my daughter's school (expensive private school), for example, bring their children to school with the latest, most flashy cars ... BMW, Mercedes, Lexus and Porsche.

We drive a Toyota Prius.

This is interesting because Vered and I have a successful multi-million business, while most other parents are employees (in high management positions) with high salary - but without collateral and assets (assets).

Understanding the principles of money management was Vered and me by far the most important factor, which resulted in full financial freedom 10 years ago. And even now we are using the same principles in managing our financial affairs.

You do not set clear goals for money
Most people who struggle with money never set money goals. Whether their goals in money field are very vague ('I want to earn a lot of money' is not really an exact measurable goal ...)

If you have no clear goals, it is very difficult to make intelligent financial decisions.

If you set a goal for yourself, for example, financial freedom ... then you need to know EXACT exactly what this means and what key figures you need to get. (this we teach you in the Financial Freedom training).

Only when you know exactly what it means to you - you make better financial decisions.

You do not spend much time, effort and energy
No-one is watching millions of dollars by watching TV, 3 days a day or 12 hours sleep per night.

Unless you win the main prize in the state lottery or inherit a fortune, millionaires become ... hard work.

Unless you win the main prize in the state lottery or inherit a fortune, millionaires become ... hard work.

Once I've really understood the principles of financial freedom, I worked for 15 months a week - 12 hours a day, 6 and 7 days a week. Then it took only a year to generate our first million in the Netherlands, and from then on it became easier.

If you are not willing to work hard - at least for a certain (early) period - say goodbye to your idea of ​​becoming millionaire. Then you can shake it.

You do not network with the right people
It's practical impossible to be successful if you spend most of your time with victim types, lazy or negative people.

People often think that the goal is to network with prosperous and successful people: closer to the influential decision makers, and know where the bigger deals are being concluded.

Asking for my experience, I tell you - this is a big misconception.

Vered and I are friends with dozens of prosperous and very successful people all over the world. We've built these relationships over time, and with just a few of them we also have a business relationship.

What matters is that, by personally close to very successful people, we were given an opportunity to observe their behavior, see how they interact with people, how they think, how they act in different situations. And by modeling we taught us just how to behave, think, go with others and act in different situations.

As a result, we attracted success and prosperity in our lives.

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