INVALUABLE TOOLS FROM THE BOOK:
'21 REASONS WHY YOU'RE NOT YET A MILLIONAIRE BY AKIN ALABI' @akinalabi
1. You Haven't Made A Decision.
Make a decision! People don't become millionaires by luck. Usain Bolt didn't become an eight-time Olympic gold medallist by accident. He made a decision and you should too.
Write it down and set it as a goal! Set a time limit to it. Know the money vehicles to help you achieve it. Don't limit yourself by your current circumstances but be determined and begin to act on your decision.
2. Clarify Your Money Vehicle.
Is it the Stock market? Is it Cryptocurrency? Is it Affiliate marketing? Is it Freelancing?
What is going to be your money vehicle to help you become a millionaire?
Is it a Business? If so, is it profitable and can I use it to be a millionaire?
3. Take Good Financial Advise.
Will you as a married man take advice on marriage from a bachelor?
Will you as a sculptor take sculpting advice from a cobbler?
Will you as an athlete take sporting advice from someone who's not an athlete?
Then why do you take financial advice from those who are not financially stable?
Success is repeatable. Get solid financial advice from those who are financially sound. This can be done through their books, courses, tapes etc.
4. Too Little Assets, Too Many Liabilities.
From @theRealKiyosaki,
Assets put money in your pocket.
Liabilities take money out of your pocket.
At the end of this week, take a survey.
How is your cash flow weekly? How much money is coming in and how much money is going out?
What are your key performance indicators? What can you do to increase your sources of income?
Remember, what gets measured gets improved.
5. Your Circle.
King Solomon said 'He who walks with the wise shall be made wise.'
If you walk around with five millionaires, the sixth one is going to be you.
Who is in your circle? Who do you walk around with every day? Are they trying to be millionaires like you?
6. Too Scared To Fail.
People always ask, 'What if I don't make it?'
Then you gather the experience from your mistake and start all over. Not as a rookie now but as one with experience.
Fear is False Evidence Appearing Real(Zig Ziglar).
The problem with a lot of people is that they FEAR failure too much so they do not do anything to better their lives.
They remain in one place. They forget that there is nothing wrong in failing. The wrong thing is not being able to get up and try again.
7. Not Ready To Pay The Price.
@BrianTracy once said, "To be successful, you only need to do two things. One is to determine what you want, the other is to find out the price you need to pay to achieve it and then get busy paying that price."
Be hungry for success.
8. An Entitlement Mentality.
It's my government...
It's my boss...
It's my job...
It's my family...
It's never your own fault.
The first thing millionaires do is take responsibility for their actions. Why bother about the things you can't control? Focus on the ones you can!
9. It's All A Scam.
Not neglecting that there are many scams out there but the truth is that optimists are those who see opportunities in problems while pessimists see problems in opportunities.
Pessimists try to see the glass cup half empty than half full.
Ask yourself, Are you a pessimist or a die-hard optimist?
You must be optimistic to achieve financial success. On your way to financial success, you’re going to encounter a few setbacks so if you’re not strong-willed, you’ll likely quit along the way.
10. Waiting For The Perfect Time.
We dream about starting a business. We dream about getting more educated than we currently are. We dream of starting to invest in the stock market.
Most people do not achieve what they dream about not because they do not believe in their dreams, but because they were waiting for all lights to be green before they make a move.
They won’t bring you a scholarship or a job but this will.
If you think an Online Course Certification from platforms like Coursera, Edx, Udemy or any boot camp certificate will get you a scholarship or a job, then you are wrong.
No employer cares about a certificate.
They only care about your meaningful experience or skills that you learn from those specific online courses.
This is far better than just grabbing the certificates without gaining any significant knowledge from them.
While searching for a new employee, different employers look for different things. But they are all trying to answer one overarching question: What value will this individual add to my organization?
As a strong potential candidate, its your job to help them reach the right conclusion. Although setting yourself apart from the crowd is a rigorous process, showcasing your completion of relevant courses is a great starting point.
But mind you, as you proceed in the quest for developing a skillset that you've developed, be always prepared to answer these questions:
• What drove you to enroll in these courses and further your education?
• What knowledge did you gain from the courses?