If someone ever asked me…
“Jordan, I love your stuff (most people usually say something along the lines). What has been one thing you did over the years to attract more money to you?
I’d say, mindset. Building the right mindset has been one of the most vital parts. I don’t consider it enough by itself. You could spend days, months or even years reading books, listening to audiobooks etc… and all be completely worthless.
If you didn’t take action in creating businesses, making investments then all that information wouldn’t do you any good. In fact, you’d be wasting your time.
I see mindset similar to a home structure. Just like the story of the three little pigs. If you built a house of sticks, then one day bad weather passes by and tears it apart. Now if you build a home of bricks then there’s a good possibility that won’t happen.
In other words, without a solid mindset no matter how many how-to guides, courses, seminars you take you’ll have a hard time making money and even a harder one keeping it.
Mindset is basically a set of rules or ideas, which helps you make better decisions with your money and overall life.
Jim Rohn used to say,
“If you win a million dollars, best you become a millionaire so you get to keep the money”
Often I listen people saying something along the lines,
“If I only had more money… all my problems would disappear!”
They seriously believe money is their main problem but it isn’t. Instead, their mindset is their main problem. Some people could earn all the money in the world and still would end up poor. This is the reason why we often see lottery winners a few years later poorer than before they won it.
One thing I’ve noticed over the years is rich people all think similarly. They have common ideas about money, which helps them become richer over the years. On contrast, poor people also think similarly to each other. But in their case, it doesn’t help them make more money but instead losing the few money they got.
- A rich person first thinks about where they are going to invest their money and only then where they are going to spend the rest.
- A poor person first thinks about purchasing a new TV set, car, house, iphone or the latest gadget out there, and only then (probably not even then), they consider investing the rest they have left.
Two ways of thinking and at first glance they may look similar and even sound common sense, but both mindsets lead to a very different lifestyle. One to richness and another to poverty.
Unfortunately, the school system does a very poor job in educating people financially.
And if come from an employee, or small business owner background then you certainly have wrong concepts about money. These ideas, which you might not even be aware, are stopping you from achieving your financial success.
Probably, they are stopping you from building your first business because you think, “It is too risky! I don’t want to lose money!” or making an investment or chasing another financial opportunity. So what can you do? How can you overcome these shitty thoughts?
How can you build the rich mindset?
Over the years, I built a very basic routine. The routine is simple, won’t take you much time, nor cost you a fortune. In fact, you can start just with 30 minutes each day and 20 dollars. I do this routine in a daily basis. Of course, some days I don’t do it because I am busy with something else like writing this post.
I learned this routine by reading the book, “Slight Edge” by Jeff Olson. Well, he didn’t exactly tell me to do this but instead, that your daily habits won’t effect you today, nor tomorrow but give it a year or more and you’ll see dramatic changes in your life.
In other words, reading a few pages today and tomorrow from a good book won’t have major impact now. But keep reading similar books for a whole year, and very likely your way of thinking and even lifestyle will be completely changed.
I recommend you read, “Slight Edge”. It is a very good books.
1 – Read 10 Pages of a Good book daily
Now at first glance a 300 pages book may look scary. Gosh! Reading all those pages is too time consuming. I got better things to do with my life! But what if you only read 10 pages each day? Just set 15 minutes aside daily to read a book like, “Think and Grow Rich”. Doesn’t that sound easy? Of course it does!
The task is simply and over time reading 10 pages daily will be extremely impactful. The reason is…
- You get your ass started. You start taking action towards your financial goals by simply reading 10 pages each day. One of the hardest things for most people is just to get started.
- In a month, you have read 300 pages that’s about one book. In a year, 3600 pages and that’s 12 or more books. By then, your awareness and way of thinking will be completely changed.
You may be thinking, “Yes, but what books should I read?” Don’t worry, just click here and check my suggestions.
2 – Listen to Audiobooks Daily
Listen to audiobooks for 20 to 30 minutes each day. You can do this while you drive to work, or go jogging or whatever. My favorite audiobook is, “The Power of Ambition” by Jim Rohn. You can find this audiobook freely available online.
Bob Proctor also has powerful audiobooks. Reading is great but listening to mentors talking about the way they think is far more powerful.
As said, simple! Here’s another suggestion…
365 Day Challenge
I remember watching a webinar where someone suggested, “Spend a whole year listening to Jim Rohn philosophies and your life will inevitably change”. I don’t remember anything else about this webinar, but I remember this part because I followed this person’s advice. And it was one of the best advises I ever followed.
It was true! My life did change by following this advice. So I suggest likewise. Spend one year daily…
- Reading 10 or more pages from good books
- Listen to audiobook for 20 to 30 minutes daily.
Do this and the way you think about money will change. As your mindset changes you will make better decisions with your money. Probably, even gain the courage to build a business etc… And one day you’ll wake up with more money than you ever dreamed possible and think, “Shit! I am glad I followed Jordan’s advice. In fact, I am going to send him a $10.000 donation.”
And yes, that wouldn’t be a bad idea 😉
Any question? Share your opinion. Thanks for reading. Also make sure to get your free Kindle publishing guide. Just add your email address below and it will be sent to your email inbox.