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Want_to_Be_A_Millionaire_Think_Like_One_Heres_How
| Want to Be A Millionaire? Think Like One. Heres How
What makes a millioniare? A tireless work ethic? A high IQ? Dumb
luck? Good financial karma?
None of the above, says Annelena Lobb, in "You Think Lilke A
Million Bucks."
Kathleen Gurney, Ph.D., author of "Your Money Personality" and
CEO of Financialpsychology.com. studied the mindset of
millionaires, and here's what they found:
1. Optimism.
2. Not critical of their own mistakes, so nothing can throw them
for long.
3. They take action. They don't get locked in analysis-paralysis.
4. Instead of focusing on what's wrong or why something didn't
work, they fast-forward to the opportunity.
5. Master plan. i.e., Yale class of 1953 -- 3% had written down
their financial goals for after college. When they convened in
1973, that 3% controlled more combined net worth than the other
97% combined.
6. They have no guilt about making money; they feel they deserve
it.
7. Savvy investors (usually save between 15-20% of their income
yearly), they know that the most income comes from the most risk.
8. They do what they love and find a way to make money at it.
9. They surround themselves with people who believe in them and
support their goals.
"The general population," says Brian Koslow, author of "365 Ways
to Become A Millionaire," "will even be in primary relationships
with people who don't believe in them, which is very sad--like
having a lead weight attached to your ankle."
10. Self-assurance in their money-making skills and love of
doing it.
"The 'Money Masters,'" says Gurney, as she calls them, "said
that if they lost all their money for some reason, they wouldn't
be very anxious, because they would just do it over again."
About the author:
A popular coach with an international clientele, Susan likes to
help her clients succeed. You can visit her on the web at
http://www.susandunn.cc.
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