Did you know that they are over 18.4 Million Millionaires in United States alone. What are the odds of you joining the millionaires.
What is the defination of a Millionaire?
A Millionaire is someone who has a networth of a Million Dollars that is about 360,000,000 Million Naira not Just 1 Million Naira.
Networth means how much you own in terms of asset not how much you owe in debts.
2,778 Dollars pere is about 1 Million Naira 💰😀
Millionaires didn't just wake up one day and say wow I am now a Millionaire.
Unless they were born a Millionaire maybe from a rich family. Every Single one of them worked for it, saved money and invested for the long term.
It is not accidental instead it is much more intentional and strategic.
From studies it takes on the average this Millionaires about 28 years to hit that million dollar networth mark. (N360,000,000).
28 years is not get rich quick, most of them reach that MILLIONAIRE status at age 49.
The shocking statistics less than 5% get there in 10 years or less.
*4 Reasons why many People are not millionaires yet.*
1. *YOU WERE NOT TAUGHT HOW MONEY WORKS IN SCHOOL, YOU WERE ONLY TAUGHT HOW TO GET GOOD GRADES, GET A GOOD JOB*
In school you never did those courses on Money 101, investing 101, wealth building 101. Those classes never existed 😀.
Those classes were never taught.
Most Parents don't know how money works they never taught you how money works.
The Professor in school didn't know how money works who taught you in school.
Most of your friends didn't know how money works.
Therefore growing up you didn't know how money work.
Isn't it ironic we spend our entire life earning money. We go to school to get educated so that we can have a career and get a job. So that we can earn money. We write that resume, we go to work everyday to earn money.
We spend every day of lives trying to earn money but we don't know anything about money.
Most People are in debt, we don't know how to manage money and we don't know how to multiply money because of the conditioning in our society. We were not taught how money works.
This is why most people don't become millionaires.
What if you make money like a subject you study in school in your spare time?
What if you study money like your life depends on it Because you are going to spend time earning it.
Doesn't it make sense studying how it works.
2. *YOU DON'T HAVE A HIGH INCOME SKILL*
Your parents told you go to school get good grades and get a nice and safe secure job.
You were never taught to develop a high income skill.
This is not just a certificate, a degree or diploma.
It is all about a skillset , a skillset is different from a job.
A skillset is what you offer to the market place in exchange for money.
High income skill is defined as a skill can earn you $10,000 or more in a month.
That means about $120,000 a year.
42,200,000 Naira Annual income earnings is a sign you now have a high income skill.
Anything less than that means you are still learning how to.
The reason why most people don't become millionaires is because they don't have high income skills.
They don't even understand the concept of high income skills.
Guys so it is not juju or village people it is either you have high income skills or you don't.
The skillset is what is going to give you the peace of mind , the security and the financial confidence.
When you have the skillset you are not depending on a company or anyone to survive or put food on the table.
How much money you earn is determined by how much value you can leverage with your skillset.
When you have the skillset it means there is no ceiling to your income.
You can earn as much money as you can as long as you are willing to work on your skillset and bring more value to the market place.
3. *YOU HAVE A NEGATIVE RELATIONSHIP WITH MONEY*
Many People growing had negative relationship with money. You must have things like money doesn't grow on trees, money is the root of all Evil.
It comes from a place of scarcity.
There is that mindset that rich people are evil , greedy, selfish , filthy , stinking rich.
There is a lot negative beliefs about money.
This was planted in our minds as children.
We don't talk about it. There is so much negative association with money itself.
Some people have it in their subconscious if I make more money I am a bad person, people will hate me , people won't like me.
Negative beliefs about money holds one back.
It is like a man running on a treadmill, that is the power of negative relationship and beliefs about money holds one back from financial success.
Being Broke = having negative relationship and beliefs about money towards wealth and wealthy People.
4. *YOU GET INTO DEBT IMPRESSING PEOPLE BUYING LIABILITIES TO IMPRESS PEOPLE YOU DON'T EVEN LIKE*
We are a consumer society we like to consume and buy. Are we buying nice things because we like them or we buy them to impress our haters or seeking validation or impress people we don't actually care about. They don't care about us , we don't care about them.
E.g maybe buying things like an iPhone latest version to impress people you don't even like.
Spending on liabilities and not investing money, spending money on parties, travelling or even buying drinks for everyone.
Buy for the value you enjoy from those things, are those things actually important for you.
Most Millionaires have exceptional communication skills. They recognise communication brings wealth.
Public speaking, one on one communication, negotiation, sales , closing.
Communication in print called copywriting and leadership skills.
You can do more , be more when you start getting deliberate and intentional in acquiring this skills.
*Tasks for the day*
*What are those negative thoughts and beliefs you had about money growing up ?*
*What high income skills will you be deciding to master henceforth that help you increase your lead generation or close more sales and increase your income ?*
Thanks for your attention
Please Enjoy your Day.
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