The Mindset Mentor - 5 Key Habits of Millionaires

Episode Date: September 30, 2019

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Welcome to today's episode. If you have not yet done so, hit that subscribe button so that you never miss another episode. And last but not least, you beautiful people, if you have thought about joining the Habit Mastery Challenge 30, but you haven't done it yet, now's the best time. Just do it, pull the trigger, join us. I would be honored to have you in the group. I'd be honored to try to help you through my daily coaching for 30 days straight to help you become the best version of yourself. And I'd be honored for you to connect with hundreds of other individuals

that are on the same path as you. Because as you know, sometimes you just have to be supported with the right people around you to really make it change. And then also to have it really sink in. I don't know about you, but I'm a, I'm a relationship person. Sometimes you just need those people around you that can really support you and really help you out. So if you're thinking about joining the habit mastery 30 challenge, I would love for you to, over the course of 30 days, we're going to be pushing ourselves to break through our old habits and to create the new habits that we need to. And I'm going to give you coaching every single day for 30 days. So if

you're interested in changing yourself before 2020 rolls around so that you could be the best version of yourself, go to habits30.com, habits with an S at the end, 30.com, and I would love to have you there. Okay, let's go ahead and dive into today's episode. So when we're talking about millionaires, you have to realize that just because they're a millionaire doesn't mean it's somebody that you should worship or someone that you should really focus on being exactly like them. But if success is something that you're working for, then you should try to do as successful people do.

Now, success means something different to everybody. For you, it might be financial success. For others, it might be financial success. For others, it might be relationship success. For other people, it might be feeling a certain amount of peace throughout their entire life, right? Their success is different for everybody. But if financial success is something that you're trying to work for, it'd be really smart to start thinking about people who are already in the place that you want to be, see what they're doing, and then start doing the exact same thing. So the first thing, and one of the most important things that I've found of the most successful

people in the world, if you look at them over and over and over again, the first thing that they really have in common is that they wake up earlier than everybody else. Now here's the thing, you don't have to wake up at three o'clock in the morning or four o'clock in the morning, Mike, Mike Wahlberg, unless you Mark Wahlberg, unless you want to. But if you want to wake up an hour earlier and take that hour to work on your own time and focus on yourself, you will be able to learn and grow and become the person that you want to become. So wake up earlier, focus on you time.

As they always say, if the plane is going down, make sure that you put the oxygen on yourself first. Lots of people, they wake up 15 minutes before they have to go to work. And what do they do? They rush into it. They brush your teeth. They jump in the shower. They take a quick shower. They get something to go and they just hop out and they drink their coffee. They eat their food on the way and then they get to work and then they just go and go and go. And they start their life every single day in reaction mode. When you wake up earlier and you can focus on yourself, whether that be meditation, whether that be reading, whether that be exercise or yoga or stretching or whatever it might be, or even just sitting in silence and enjoying a cup of coffee, you're starting your day instead of reactive mode, you're starting it in proactive mode.

And the most successful people in the world have some sort of morning routine. So the first tip that I'll give you is if you want to be successful and possibly become a millionaire is to create a morning routine, wake up earlier. And if you want to know how to create a morning routine, I have videos on how to create a morning routine that you can check out if you want to on my YouTube. Or if you want to, you can get my good friend Hal Elrod's book, which is called The Miracle Morning. He's sold over 2 million copies of it, and he actually teaches you how to create a morning routine. So the first thing is to wake up early. The second habit that millionaires have is that they read every single day. Now here's what's crazy. The average American reads one to two books per year, but here's where you see a big

difference between the average person and the average millionaire. The average millionaire reads 60 books per year. You heard me correctly, 60 books per year, which means the average millionaire is actually reading more than one book per week. So if this is you and you realize that you want to start reading more, I don't think that you should go from zero to 60 books in a month or 60 books in a year. But if you could wake up every single morning and read five pages, that's a better start. If you wake up every morning and read 10 pages, then you're starting to get into the habit of reading. And people who are the most successful read every single day. So the question I want you to ask yourself is,

how many books did I read last year? Because if you look at how many books that you read, you can usually tell how successful someone's going to be. Because all of the wisdom in the entire world has already been written. You don't have to go search for people who are still alive. You can literally read all of the books of all of the wisest people who have ever existed that passed away years ago. You can read them and take the wisdom from their lives and put it into yours. So the second thing that the most successful people in the world do is that they read every single day. The third thing

that they do is that they set goals and they get very clear on their goals. This is one thing that I find that that is a big difference between the average person and the average successful person is that they set goals and that they get very clear on them. They have long-term goals and they have short-term goals. They could have goals for the next 10 years and have their 10-year plan. They could have goals for the next three months. They could have goals for the next month. And they could have literally daily goals every single day. And every single day, what they do is they focus on what needs to be done.

One of the biggest tips that I can give you of how to set daily goals is this. In the morning before you go to work, before you start going into your job, whatever it is that you do, take a pen and paper, write down everything that you have to do for that day. And then what I want you to do is instead of focusing on that entire to-do list, circle the three most important things. Find out what number one is, find out what number two is, and find out what number three is. You take a three by five card, a cue card, and all you do is you write down number one, two, and three out what number three is. You take a three by five card, a cue card, and all you do is you write down number one, two, and three, and you put it in your back pocket. And as long as you get those three things done today, then today was a successful day.

Because most people try to check off as many things on their to-do list as possible. But when you're just trying to check things off, what you're actually doing is checking off the things that are the easiest to do. You're checking off the laundry. You're checking off taking your kids to school. Some people I know will actually literally make a to-do list. Then they'll go do something and realize that thing wasn't on their to-do list. So then they go back to their to-do list, write down the thing that they just did and cross it off to make them feel like they did something productive. There's a difference between being busy and being productive though. Being productive is to make that to-do list, to figure out what number one, what number two is, what number three is, to write it down on a cue card and to put in your back pocket,

your back pocket and don't go to bed until number one, two, and three are accomplished. So the most successful people in the world, they set long-term goals and they set short-term goals. So what do you want your life to look like in the next 10 years? What do you want your family to look like in 10 years? Your house, your bank account, your relationships. What do you want everything to look like? The amount of peace, the amount of love in your life, the amount of joy in your life. What do you want that to look like in 10 years? And then how can you break that into smaller increments of this year, of this quarter, of this week, of today? So you set long-term goals and you set short-term goals and that will help you with your success. The fourth thing that they do is this. This is what most people don't realize

is they take those goals and they write them down on pen and paper. With a pen and paper, they write them down. They don't put them in their computer. They don't put them in their iPhone. They write them down with pen and paper. And this seems like it's not that big of a deal. Oh yeah, to write your goals down. Sounds good. But I think about my goals all the time. I have my goals in my head, but I think about them all the time. There's magic in putting your goals down on a piece of paper. In the 1970s, Harvard did a study of their graduating students that were getting their MBA. And they found out that 3%, only 3% of them wrote down their goals. 10 years later, they followed up with all of those people, all 3% that wrote down their goals

and the whole 97% that didn't as well, the entire graduating class. Here's what's interesting. They found out that the three people, I'm sorry, the 3% of people who wrote down their goals were 10 times more successful than the other 97% combined. Let me say that again. 3% of people were 10 times more successful than 97% combined. So what does that show you? If you want to be successful, maybe you should follow in the footsteps of other people who are successful. Besides setting your long-term and short-term goals and thinking about them, write them down with pen and paper and review them every single morning and every single evening. Remind yourself

of your goals. Remind yourself what you're working for and why you're working for it. So don't just figure out what your goals are. Write them down with pen and paper and you will be more successful statistically just because you wrote them down and you made them real in this world. And the fifth thing that I found with the most successful people in the world is that they have positive self-talk. Now this is a tricky one because most people talk to what we talk to ourselves negatively. found with the most successful people in the world is that they have positive self-talk. Now, this is a tricky one because most people talk to, we talk to ourselves negatively. We talk about all of the things that we do badly. But the truth is this, you would never talk to somebody that you love the same way that you talk to yourself. So why do you talk to yourself that way? You would

never talk to your children the same way that you talk to yourself inside of your head. So why do you talk to yourself that way? And you have to realize if you talk negatively to yourself over and over and over and over again, guess what's going to happen? You're literally going to demotivate yourself to not want to take action, to not do the necessary things. You're motivating yourself to procrastinate because you don't want to fail. You don't want to feel the feelings of failure. And if you talk negatively to yourself, you you don't want to fail. You don't want to feel the feelings of failure. And if you talk negatively to yourself, you think you're going to fail. So what do you do? You procrastinate so that you don't even actually get to failure. The most successful people that I know are the most confident people in the world. Now they weren't born confident. They became confident

by getting results that they needed to. They became confident by getting the things done that they needed to. They wrote down those three things that were the most important to them. And what did they do? They accomplished them. Every single time that you write down a goal and you accomplish it, you write down a goal and you accomplish it, you write down a goal and you accomplish it, you get a little bit more, little bit more confidence. And if you do this over and over and over and over again, you start becoming more confident in everything that you do. And it becomes hard to actually speak negatively to yourself because you've seen how many times you've gotten the results that you want. So I have a question

for you. How often do you talk negatively to yourself? If you were to put a ratio of how many words that you say that are negative versus how many words you say that are positive to yourself, what would the ratio be? Probably about eight to one if you're average. And the reason why is because the average child is reprimanded eight times more than they're praised by their parents, which means the average child is told, no, don't do that. Eight times more than they say, you're doing a really good job. And what happens? We love ourselves the same way that our parents love us. So we learn negative self-talk. We learn to bring ourselves down. So how can we reverse this? What you need to do is realize how you can start to build yourself up eight times more than you break yourself down. Talk to yourself positively eight times more

than you talk to yourself negatively. So those are the five habits of the most successful people in the world. Number one is they wake up earlier than everybody else so they can get their day started and start proactively versus reactive. The second thing is that they read every single day. The third thing is that they set long-term goals and short-term goals.

The fourth thing is that they write those goals down. And then the fifth thing is that they have positive self-talk. So that's what I got for today's episode. If you like this episode, please share it with someone that you know and love. And I'm going to leave you the same way that I leave you every single time. Make it your mission to make someone else's day better. I appreciate you and I hope that you have an amazing day.