How do you get rich? What do rich people differently from everybody else that enables them to become so wealthy?
Great questions!
And I’ve got some answers. I won’t try to cover everything here ‒ but I will give you 5 “Get Rich Habits” you can start putting to work for yourself right now…
Hang Out With and Imitate Wealthy People
The company we keep has a profound effect on how we think and act. It’s hard to become wealthy when practically everyone around you is stuck in a poverty/scarcity mentality. Their thoughts, words, and habits keep rubbing off on you.
So find ways to keep company with the wealthy. In person. Via books (physical, digital, audio). By attending workshops and conferences. By joining a good mastermind.
Do whatever it takes. Because the more time you spend around the people who have the traits you’re after… the more you’ll begin to imitate their attitudes and behaviors.
View Time as a Precious Commodity That Requires Careful Investment
If you lose all your money, you can always get more (if you have real wealth-building skills). But you can never get time back. It’s the world’s most precious commodity.
That means ‒ don’t ever waste it.
For example, you train yourself to know the difference between a little healthy entertainment, enjoyed with your spouse, for example… and wasting hours at a time, binge-watching garbage.
It also means ‒ when time is invested wisely, it yields some of the highest profits imaginable.
When you invest time in a special trip with friends and loved ones… and give yourself to it heart and soul… you’re creating memories and bonds that will last a lifetime.
So spend your time carefully, and look for the best possible opportunities to leverage it.
Invest in Yourself Every Day
It’s not up to others to see to your personal development and ongoing training. It’s up to you. That’s true physically, emotionally, intellectually, business-wise, and in your relationships.
So, for example, don’t view reading high-quality personal development books as a luxury. They’re not. They’re a way for you to invest in yourself. The same goes for your physical fitness regimen. Don’t kid yourself that you “can’t afford the time” to eat better and stay in shape. The truth is, you can’t afford not to.
When you fail to invest in yourself, you undermine the foundation on which the rest of your life is built. It doesn’t matter how impressive the visible structure is ‒ when the foundation starts to give, the whole building can come crashing down.
Find a Way To Put What You “Learn” into Practice
As we noted earlier, attending training events and reading books is an absolute necessity if you’re serious about investing in yourself. But there is one caveat…
Make sure you implement what you learn. Don’t be a knowledge sponge who is always in supposed “learning mode” ‒ but doesn’t ever follow through with the actual doing.
So if you attend a workshop, find at least one thing to grab hold of… and implement it right away. You may or may not come back to your notes and do the 27 other things that blew you away while sitting there. But by picking one item to put into practice, you’ll be light years ahead of just about everyone else out there. You’ll be practicing one of the great “Get Rich Habits” ‒ just like the wealthy do.
Focus More on Opportunities Than on Protecting Yourself from Loss
This is a big part of growing an abundance mindset, versus a scarcity mindset.
Yes, it’s smart to avoid genuinely stupid risks. But it’s best to avoid those risks by using your brains and knowledge to weigh the different factors involved. You don’t want to let deep emotional fears and hang-ups lead you into a place where you think you’re evaluating an opportunity… but you’re really just scared of losing out.
Instead, you need to be on the lookout for opportunity… for growth… for expansion. Emotionally, intellectually, almost instinctively. You’re attuned to ongoing success ‒ instead of having hangups and fears about losing out, you’ve practically wired yourself for ongoing growth. You’re not at all afraid to fail… because you know that’s just part of the process of succeeding anyway.
Now Is the Time…
What are you waiting for?
Your journey towards wealth begins today. Print out this list. Pick one of these Get Rich Habits ‒ and start doing it today. And once it’s ingrained, start adding the others.
Financial success and riches are really the result of putting a set of habits in place. I’ve given you some of those habits. Only you can put them in place in your life.
Schedule your free appointment here or give us a call at (801) 990-5109 to build your personalized Wealth Plan. We’ll help you implement the wealth-generating habits (inside and out) of the rich and successful as you learn to invest in real estate ‒ the right way.
