How To Become A Millionaire - The Truth No One Tells You

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hey this is Leo for actualised org and in this video I'm going to tell you how to become a millionaire alright let's talk about how to become a millionaire and I'm not going to talk about some gimmick or some get-rich-quick scheme or some sort of cheat for how to become a millionaire what I'm going to talk about is something that you need to know in order to actually become a millionaire this video is intended for someone who's actually serious about it none not a dreamer not someone who's looking to win the lottery but someone who wants to be a real millionaire for me that has been a goal and I'm going to achieve that goal in my life I'm confident that I will I haven't yet and to get there I've done a lot of studying about what it takes to get there and there are some very core principles that millionaires operate on that the rest of the world doesn't it's generally safe to assume that if you do what the majority of people do then you're going to get the results the majority people get and I don't know if you've looked around but the majority people are not millionaires and that is not because of luck that is not because they weren't born into the right family that is not because they don't have the right connections that is because they are not following the proper principles for how to become a millionaire so when you start to get these in line and then you go out and you work them you have to work them there's no magic pill you have to work them really hard when you know the principles and you work them really hard then your chance to become a millionaire increase exponentially and it's pretty much guaranteed that if you want to become a millionaire and you really work towards it that you will become one in your lifetime so let's talk about how to actually do it not the the real principles involved so first of all the first principle is that there are no secrets there are no shortcuts there are no gimmicks and that luck is not a factor all right a millionaire is someone who is a boss and by boss I mean not just in lawyer of people but I mean a bosses in the sense of he or she has has power has authority over themselves right they are in control a millionaire's in control of his own mind and he does not buy into this idea that somehow by luck he's going to become wealthy and successful no definitely not if you've coming from that mindset then that's pretty much an end to it right there that guarantees that you will never become a millionaire or even if you do by fluke luck you're going to lose all that money anyways so it's going to be of no value to you to become a millionaire what you need to do is is really be serious with yourself how wealthy are you right now if you're coming from a middle-class background or a lower middle-class background or even poverty if you're coming from a place where millions of dollars seem like oh my god that's amazing it's impossible to even dream of that that would be a dream come true if you're coming from that kind of place then then here's what you're going to need you're going to need radical self growth to become a millionaire this is what's going to be required I'm going to talk about some business aspects later in this video so this video is not just about personal growth but personal growth is the core of it the reason you're not a millionaire and the reason that you're never going to become a millionaire doing what you're doing right now is because basically you're not resourceful enough your psychology is not going to permit you to do it you have too many limiting beliefs you have too much social conditioning you have you have a groove that you're kind of set yourself in financially and in other ways in your life and basically you're going to run along that groove and to become a millionaire let's face it if you're earning let's say fifty thousand dollars a year right now it's kind of an average salary or even if you're earning a hundred thousand dollars a year well I mean that's nice but if you're at that place then that's that's ten to twenty fold of an increase you need just to reach a million dollars that's not going to happen through just a series of promotions you're not just going to get promoted and become a millionaire one day almost guarantee that it's not going to happen to reach the status of millionaire you need to reach millions of dollars to reach millions of dollars you need to start doing something radically different with your life and to be able to do something radically different with your life that means you need to be able to do something radically different with your life most people can't do that because their psychology won't permit them it's their mindsets it's not even so much about you know the work that they're doing out in the world because a millionaire does the same kind of work that a that a non millionaire does except that a millionaire has all different slew of mindsets and habits and practices that are completely a completely night and day from what the average person is doing with their life so first of all I want you to completely forget about outer circumstances I want you to completely forget about the economy the lack of money that you currently have luck any lack of education that you have any kind of lack of social status or social connections any kind of limitations you might feel from the family or the country that you grew up in or the the bad boss that you have or the mayors that you're in or the the relationship that's holding you back or that that bad childhood event that you had all of it has to go you could not be a victim and be a millionaire at the same time you have to choose one or the other most people are not millionaires simply for this reason is because they cast themselves as victims they don't take full responsibility you need to take full and utter responsibility for absolutely everything in your life not just money but especially money especially career and especially business because those are actually what's going to create millions of dollars but you need to take responsibility for the other aspects as well and you need to take responsibility for all your negative thoughts for all your neurotic behaviors for all the ways in which you get angry and upset and fearful you can't you can't keep those as excuses because you have to work on every one of those parts of your life in order to raise yourself up to earn millions of dollars in a sustainable way so you're going to have to work really hard on yourself is where people make a mistake is that they think that they're going to work really hard on their job they're going to work really hard on their career and that's going to produce millions of dollars well the problem is that most people can work till they're blue in the face on their career for decades and they'll still never be millionaires and that the reason is is not because their career doesn't have the potential to earn the millions of dollars it actually does most careers if you structure them properly and you come at them with the right thinking can produce millions of dollars except most people are not equipped with the mindsets they need in order to capitalize on that so they're never going to actually go out there and do it right so working at your job harder that's not how you become a millionaire that's a trap all right now I'm not saying you should quit your job right now I'm not saying that you need to go slack off at your job I'm not saying that you shouldn't study and be better at your job and do it excellently you should but just realize that to become a millionaire is going to take something a lot more it's the mindsets here's the thing is that you have a thermostat in your brain that actually has a set point for what you're earning per year it's not the external circumstances it's the inside where you have this little subconscious thermostat level which has you pegged somewhere it's got you pegged at 20,000 a year 50,000 a year 70,000 a year a hundred thousand whatever is that you're making and you have to assume you're going to stay at that level if you want to shift that thermostat you're going to have to do some internal work right stuff is going to have to happen and radical stuff radical because you can't get from fifty thousand a year to a millionaire that's like it's not going to happen if you don't be serious with yourself and tell yourself that you know something really major has to change with your life and it's kind of changed on the inside first so what you got to start to understand is that millionaires have a different mindset and a different philosophy and they take philosophy serious they take their mindsets very seriously they take their own personal growth very seriously what they do is they fundamentally work on themselves to make themselves more resourceful so that then they can go and create value for the world a millionaire is going to value education he's going to be a lifelong learner right critical for being a self-made millionaire beliefs a millionaire is going to have very healthy empowering beliefs about money about success about his own ability to control circumstances around him right he has to feel empowered you can't just go out there and eight an extraordinary business or generate some sort of product or do something good for the world that's going to generate a lot of value and bring you money back in return you can't do that if you feel like you're a victim and you have no control so you need to start to work on your beliefs if you have beliefs around scarcity lack of money how money is evil how how corporations and businesses are evil how the only people that are rich are the ones that have scammed others and have done something nefarious you know if you have these kinds of mindsets then you're basically you're never going to become a millionaire because you are you are so stuck in your limiting beliefs that they're not that you simply can't I mean could you imagine being a millionaire and thinking all those things it would be so incompatible your self-image would be so incompatible with your external circumstances that there would be just complete discord and you would basically drive yourself nuts and you would you know something catastrophic would happen basically you would have to you would lose all that money is what would happen you your subconscious mind would sabotage in such a way that you would lose that money because it would be too painful for you to hold on to it while you're preserving these beliefs so something has to go either the beliefs have to go or you are going to stay where you're at but you're not going to have the millions of dollars personally I would much rather have millions of dollars then hold on to shitty beliefs so I do everything I can to eradicate every single last strand of negative limiting belief that I have in myself I work very very hard to do that because I know that I need to to become a millionaire next is that we already talked about millionaire need to take responsibilities that's very important but a millionaire also has to have purpose we're not just making you a millionaire just so that you have money that's not how a millionaire gets made a self-made millionaire doesn't become a self-made millionaire money right it's not a valid motive not a valid reason usually millionaires and entrepreneurs they're actually very focused on the world they're focused on what they can do for the world they have some sort of drive some sort of passion there's something they love to do and there's some way in which they love to influence the world because as a millionaire as a business owner if you have a popular or successful career that it's you that it gives you a 40 that gives you impact and you should use that for some sort of greater good the reason that you should do that is not simply because you're helping the world oh that's niiiiice reason but because it's going to motivate you to become a millionaire you have to work your ass off you're going to work harder than you've ever worked in your life not just on the externals and on your business but also on the inside you have to work really really hard on the inside and to to have the motivation and the perseverance to do that to have the willpower to go through that whole journey of massive self growth you're going to have to have a deeper purpose money is not going to be sufficient money's never going to motivate you enough do all that so life purpose very important I have other videos that talk about that and the last one I'd probably make about philosophy is that a millionaire is a very independent-minded he cannot be hemmed in by what the market tells him he cannot be hemmed in by what his family is telling him he cannot be hemmed in by what society is telling him by what the economy is telling him right a Millionaire has to bust through that because the obstacles to create a business that will earn you that much money is a is gonna is going to require you to be an independent or a critical thinker be a bit of a maverick and a rebel so that's also part of the philosophy be a millionaire so you have to start to embrace that right stop relying on the people to give you answers giving you easy answers stop looking for easy stuff Amelia Nair goes out there and he embraces the challenge of it any thinks for himself I have another video on critical thinking that would dovetail nicely here so you can watch that if you just search for it so now we've got a little bit of the mindset out of the way a little bit of the philosophy now what does it actually take on a practical level to start to earn lots and lots of money right because this is not some airy-fairy notion this is very concrete you need to have seven digits in your bank account how do you get there well this goes back to the point of the fact that you can't really get there by by just working harder at your current job if you're working a nine-to-five job very few nine-to-five jobs will allow you to rise to millionaire status very very few only if you rise to to a CEO position or some sort of very high-level management position within a large corporation can you be earning that kind of money so the other option then is to become self-employed that's basically what you have to do you have to become an entrepreneur a business owner or become self-employed now there's different classes of millionaires out in the world some millionaires start businesses right they start corporations it could be a small corporation of five people could be a larger corporation of twenty people a hundred people tens of thousands of people so there's a whole spectrum and you can basically be earning millions of dollars anywhere along in that that whole scale of sizes but that's not the only way to become a millionaire I mean you can become a millionaire just being a one-man shop this is what a lot of celebrities do this is what a lot of artists musicians do uh bloggers people who own internet businesses a lot of these types of businesses nowadays can be one-man shops where you basically do everything and then you maybe outsource certain things to other people you have a couple of assistants maybe helping you but basically your business is you especially with someone like a celebrity or an athlete right that's what they're doing is they're they're making a business out of their life and in that case you can you could make a lot of money doing that in fact celebrities are some of the some of the the most highly paid people in the world compared to let's say a CEO you know see most CEOs will never match the kind of money that a celebrity will pull in or the kind of money that a really big athlete or a musician will pull it so that's also a very valid path right you can become an author you can become a celebrity a musician so if you're more artistic then those things can can work really well for you but either way you have to become self-employed it's not going to work staying at your job this is another reason why most people will never become millionaires because they are too afraid to leave their job and they're too afraid to face the risk of not having money to pay the bills because it is challenging this is something that I went through I'm self-employed and I finance independent now but it is a real challenge to make that transition from having a 95 stable career to then working for yourself and having to worry about all that stuff yourself see what a lot of people don't realize when they're working a kind of a corporate job they don't realize how much of the the really challenging stuff is being done by the leaders of the organization or how much of it has already been done you know decades and decades ago by the original founders now they're just kind of coasting on the company's success and they're just typing away their computer and they can expect to get a paycheck well when you become self-employed you quickly realize that it doesn't work that way when you're self-employed it's all about value how much value can give the other person you're going to start to worry about Val you're going to start to worry about legal issues marketing issues you know logistical problems employment problems so all these sorts of business issues basically all of them come into play you have to worry about economics and paychecks and so it's it's it's quite a lot to take on that's stuff you have to worry about on top of whatever work you're doing so that's that's all adding on top of the workload that you've already got and it can be really challenging to go through that stuff that's why most people will never do it but the upside is that if you do do it then you can position yourself very nicely to be earning a lot more than you would have if you would've been working at that nine-to-five so right now if you're working a nine-to-five and you really haven't rima become a millionaire you have to start asking yourself okay how do I make the transition you know start to look for different strategies and techniques that you can use and opportunities that you can use to start to move yourself out of that I'm going to have more videos on that that's a very interesting a fascinating topic I'll share my own experiences with how I did that and you know the pros and cons of the various approaches for how to do that but you have to start keeping an eye out for it because your nine-to-five is not going to do it and the last the last principle that I'm going to give you is the idea that you need to be generating lots and lots of value in the market place to be earning lots of money so you're not going to become a millionaire by by by doing something that's low value right high value means high return low value low return that means if you're creating a product or a service or you're writing a book or you're performing at a concert or whatever is your you know your line of work your business whatever is that you're doing that has to have big influence on a large number of people the more people you can influence with your work and the more powerful your work is the more people love your work the more remarkable your work is the more chances you have of generating that massive value you need in order to charge people enough money to be getting millions of dollars back in return so this is kind of a trend true principle of of wealth and wealth building is that value equals wealth so what are you putting out as far as value into the marketplace I have another video that that's called how to become rich you might want to check that one out where I talk about more about how to increase the amount of value that you're putting out but either way as a millionaire your eye is always going to be on value how do you create more value for the world how do you create more value for your customer base for your fan base that's what you got to work towards that's what you got to think about when you're an entrepreneur all right so those are the fundamentals these are the rock-solid fundamental to becoming a millionaire you're not going to get there through some sort of you know lucrative investment lucky investment some secret stocked stock tip or winning some lottery if you're very serious about becoming a millionaire then you have to adopt all these ideas that I told you if to go out and find even more because I'm just barely scratch the surface but you have to you have to take this you have to embody it you have to start to live it you have to work on yourself and then you have to transition yourself out of your job into a business right some form business all right this is Leo this is how to become a millionaire I'm going to be signing off go ahead post me your comments down below I'd love to hear your feedback also go ahead and like and share this click the like button right now and then if you're really interested in in personal growth and you're really interested in actually accomplishing your dreams and having mindsets and strategies for how to accomplish your dreams how to stay on track with that then go and check out our newsletter at actualized at work where I'm releasing new videos just like this articles videos other goodies every single week all of it for free where you can stay on track right what we do is we teach you the mindsets that you need how to master your own psychology so that you can create an extraordinary life whatever that means whether earning lots of money or having a great relationships or having awesome health or all the above right for me it's really all the above I want it all so how do you actually do that to do that you have to start to master your mind your psychology we got into a little bit of it here but there's a lot more and what I found is really important is to baby step the process right you need to be constantly working on yourself especially as a millionaire you know we talked a lot about personal growth well you need to be constantly growing and pushing your boundaries so that you're growing as a person you need to become a bigger and bigger and bigger person so you can take on more responsibility create more value for the world and then you're going to get that value paid back to you over and over over again it's amazing so go ahead and sign up to our newsletter so that you can stay on track with that I'm going to remind you to keep pushing yourself and pushing yourself and pushing yourself that's the value that I can offer to you you