“Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success.” – T. Harv Eker
The right mindset can help you on the road to wealth. And, your mind–which refers to your subconscious thoughts and beliefs–represents the biggest obstacle to your financial success and freedom.
The human mind has evolved over the centuries as a self-survival mechanism. It’s not designed to make you happy, or to help you build wealth and achieve financial freedom, it’s designed to protect you and look for and respond to things that are perceived to be wrong or life threatening.
Develop a wealthy mindset
If you want to be wealthy and achieve financial freedom, you have to stop thinking (and acting) like a broke person! It’s that simple.
A starting point in this process is to observe each thought as it comes into your mind and determine if it is supportive or non-supportive thought.
When you change the way you think about money, success, wealth, and financial freedom, you can create the life you’ve always wanted.
“Understanding your past attitudes towards money and changing them if need be”, according to T. Harv Eker. “The only way to permanently change the temperature in the room is to reset the thermostat. In the same way, the only way to change your level of financial success “permanently” is to reset your financial thermostat. But it is your choice whether you choose to change.”
At the end of the day, becoming successful in business is more about your mindset, passion, and determination than it is about your product or service. Mindset is what separates those who are truly successful from the people who are struggling to get by.
It is important that you discover what you’ve been conditioned or taught to believe about money that keeps you from having more of it, according to T. Harv Eker. By assessing your subconscious beliefs about money, you can finally break through the barriers to your financial success and freedom.
Anyone can create financial freedom if they have the right money mindset.
A true measure of your wealth is not your income, but your net worth. Your net worth grows with your selfworth. There is no time better than now to open yourself to receive massive amounts of financial success in your life.
It’s no secret that the wealthy tend to be frugal with their money. While they excel at saving and spending wisely, they also know that one of the best ways to grow their money and accumulate wealth is to invest some of what they earn in buying assets.
If you aren’t doing what you want to do and you’re not where you want to be, there’s something you don’t know.
Three things involved to create wealth:
- The right vehicle
- The right knowledge (generalized knowledge, specific knowledge)
- The right you (mindset, attitude, belief, habits & character)
Determine how good you are at what you do and get paid for the results your produce instead of your time.
Financial freedom
“It’s been proven time and time again that long-term investing can produce significantly more wealth than short term trading, yet many Americans fail to make the most of their best long-term investment vehicle: their workplace retirement plan,” writes Todd Campbell, author of Your Guide to Better Stock Picks, in a piece for The Motley Fool.
Top advice for developing a wealthy mindset, explains T. Harv Eker:
- Do not to listen to the negatives in your life and believe in your own convictions.
- Training and managing your own mind is the most important skill you could ever own, in terms of happiness and financial success.
- If you aren’t doing what you want to do and you’re not where you want to be, there’s something you don’t know.
- Enjoy every aspect of what you do: how you do anything is how you do everything in life.
References:
- https://www.harveker.com/blog/6-steps-for-wealth-in-business/
- https://www.forbes.com/sites/danschawbel/2012/02/06/how-to-master-the-inner-game-of-wealth/
- https://www.shortform.com/pdf/secrets-of-the-millionaire-mind-pdf-t-harv-eker
- https://www.millionairemindworld.com