I hope you've read my other article, the 'Seven-Step Formula to Financial Abundance'. If not, I highly encourage that you read it as in this article I'm going to elaborate further into adopting the million- dollar mindset, which is the first in the Seven- Step Formula to Financial Abundance.

This is widely regarded as the most important step too. This is because in order to be achieve financial abundance, your mind has to be first conditioned for it. Always remember that millionaires think and see the world very differently. Unless you condition your brain to think the same way, you will fail to identify and spot the opportunities and lessons hidden amongst obstacles and failures. Only with the million-dollar mindset will you develop the drive, focus and determination to take the necessary action to propel yourself towards financial abundace.

You may ask this question 'Is the Million Dollar Mindset really so powerful?' The answer is 'Definitely!' If you have the million- dollar mindset, you will not let failure destroy you. And mot importantly, when faced with obstacles, you do not admit defeat but rather you will overcome them and emerge stronger.

One very good example would be famous real estate mogul and host of popular TV show 'The Apprentice' - Donald Trump. The Donald Trump you see today is a billionaire and has achieved immense success. However, many people may be unaware that he actually lost his entire fortune when property prices crashed in the early 1990s. Most people facing such a huge setback would inevitably concede defeat. But certainly not Donald Trump, who managed to overturn a $900 million personal debt and nearly $3.5 billion in business debt into a $3.7 million fortune. The reason is because his mentality is different from the average Joe and he refuses to let setbacks dominate him.

So what is the million- dollar mindset? Basically, it is the way we perceive the world. It is the way we frame, filter and make sense of the events and experiences in our life. Thus, the million- dollar mindset is made up of your habits, beliefs, values and attitudes. So with that, lets move on to explore the ‘Nine Habits of Self- Made Millionaires’ which will enable to think like a millionaire too.

Millionaire Habit 1: Be a Value Creator by Always Exceeding Expectations

There are basically three categories of people in life. The first is what I deem as the ‘Value Reducers’. People who fall under this category have a habit of doing less than expected. Therefore, they reduce the value in whichever organization they belong to. As such, they are considered as liabilities and expenses to a company. Then you have the second category of people who have the habit of doing exactly as expected. These people sustain the value in whichever organization they belong to as they merely do what is expected of them. As such, they are considered as dispensable assets and low return investments to a company. Lastly, there is this minority but yet most powerful category of people known as the ‘Value Creators’. These are the people who do a lot more than expected. Through their own initiative, they will always exceed others’ expectations of them. Hence, they create tremendous amount of value for their companies. And because of that, they are considered indispensable assets and high return investments to their company. These are the people who do not have to worry about getting retrenched because their bosses will eventually notice their efforts and pay them more and more in order to retain them. Even if their current bosses do not recognize their value, they do not need to worry as other companies will definitely hunt them down for the value they create. Thus, tell yourself that you must always strive to be a value creator from this moment onwards!

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