How to Become a Millionaire Before The Age 30

1. Follow the money. The first step is to focus on increasing your income in increments and repeating that. Start following the money and it will force you to control revenue and see opportunities.




2. Don’t show off -- show up!  Don’t buy your first luxury watch or car until your businesses and investments were producing multiple secure flows of income.

3. Save to invest, don’t save to save. The only reason to save money is to invest it.  Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

4. Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you
money. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

5. Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.

6. Money doesn’t sleep. Money doesn’t know about clocks, schedules or holidays, and you shouldn’t either. Money loves people that have a great work ethic.  Never try to be the smartest or luckiest person -- just make sure you outwork everyone.

7. Poor makes no sense. Eliminate any and all ideas that being poor is somehow OK. Bill Gates has said, "If you’re born poor, it’s not your mistake. But if you die poor, it is your mistake."

8. Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

source: entrepreneur.com