The Money Podcast
The 5 Traits of Multi-Millionaires You Can Copy
Wednesday, 9 September
Many entrepreneurs will have compared themselves to multi-millionaires and wondered what they did differently to them. Today Rob shares with you his knowledge on how to achieve multi-millionaire status after years of research. Rob discusses how money is simply an exchange of the value you put into the world, the importance of having the correct business model and how you need to ensure you have a growth mindset.
Money is moral and is not emotional. Money does not judge and should not be defined as being bad or good. To have money does not mean you are greedy nor does it mean you are a narcissist. Money is simply a mechanism of exchange of value,a universally agreed way to exchange products, services and value because it is much more efficient than any other way we have tried over the centuries.
You need to ensure you have the right business model. There has got to be a need in the world for your product and/or service. Ask yourself ‘can this business make me millions?’. You need to be able to scale your business to reach the masses and your business needs to be able to reward you financially.
One trait of being a multi-millionaire is leveragability. There are very few multi-millionaires who have done it all on their own. Leverage partnerships, staff, systems and financial opportunities. You need outsourcers and other staff to help you on your journey to leveraging your business in order to become a millionaire.
You need to have a growth mindset and have a relentless pursuit of growth. You can not reduce your way to millions you can only grow your way to millions. This comes in the form of ‘constant and neverending improvement’. Learn how to take feedback well, this will allow you and your business to grow.
Most millionaires are ruthlessly high with their priorities. They focus on income-generating tasks and key result areas as well as not allowing time-wasting. They do not allow other peoples’ emergencies to get in the way of their vision and mission. In order to overcome facing a lack of clear direction is by having a meaningful vision, something that will continue to inspire you for the rest of your life. Write yourself a mission on how to achieve your vision year on year.
“I want you to have a love affair with money, be more open, more candid about talking about money.”
“The biggest thing that made me become a multi-millionaire, was people.”
“Every human being will experience every human emotion.”
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
Rob’s official website: https://robmoore.com/
See omnystudio.com/listener for privacy information.