Sunday, 13 December 2015

Making Your First Million Is Easy just follow these 5 steps


1. Surround yourself with people who will stretch your mind

They can tell you exactly what you need to do. It may be just a subtle shift in one part of your business, but suddenly what you thought was potentially impossible becomes realistic.


2. Re-frame the impossible.

As you surround yourself with the right people, you will need to work on upgrading your mindset. Part of this will require you to recognize your limiting beliefs and re-frame those thoughts.

3. Deliver unexpected value.

Your ability to increase your income hinges on your ability to deliver unexpected value. Most people think the only way they can add more value is by working harder or exchanging money. This is thinking too small. You deliver unexpected value through the connections you can make, the time you can allocate and the problems you can alleviate. 
Big opportunities open up when you building relationships with the right people, invest your time in your highest leverage activities and are a person who solves problems. Break out of the old mindset of thinking that you have to work harder or find a higher-paying job, and start developing the habit of incorporating these three things in your everyday life.

4. Choose your customers wisely.

The easiest way to fast-track your path to a million is to charge more for your products and services. However, when you tell someone to raise their prices, they often push back and say that the market doesn’t allow for that type of increase. This is where you have to choose your customer wisely.

5. Invest for the long term.

So many people go for the fast and easy win. While this may work for some, you will find that results come a lot faster when you invest for the long term. I’m not just talking about stocks and real estate. I’m talking about how you spend your time, the people you hire, the relationships you build, the products you develop and the structure of your company. These are all investments.

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