10 Beliefs That Will Make You Wealthy When most people look at wealthy people, they usually credit their success on things that are outside of their control. Maybe they came from a wealthy family. Maybe they were extremely lucky. Maybe they exploited and stole their way to success. The reality, of course, is that most wealthy people did not achieve their success in this way. While things like luck and circumstances do undoubtedly play a part, these people usually did not depend on those things for their success. This is good news, because it means that if you think and act in certain ways, you can emulate their success. In this article, we are going to talk about how you need to think in order to emulate the success of wealthy people. Thoughts are very powerful. Your thoughts heavily influence your emotions and your actions. Poor thoughts will pollute your emotions and actions. Better thoughts will allow you to feel and act in ways that will lead to more success. If you are serious about building wealth, you need to make a serious effort to work on your thoughts. As Stephen Covey says: every public victory is preceded by a private victory. First of all, you need to take a look at your beliefs on wealth. Here are 10 beliefs that wealthy people have about wealth that most people do not. Read these very carefully, for these beliefs will be the key to your success. 1. I am personally responsible for creating all the value that results in wealth in my life. 2. I create as much value as possible in each situation whether I am paid for it or not. 3. I appreciate any setback as an essential lesson in my development in creating wealth. 4. Owning more stuff only wastes my time, creates more hassles and takes me off track in my life. 5. I bless all wealth, and all wealth in my life. 6. Money does not equal wealth. Money is a tool that I use to create value, assets and wealth. 7. I deserve wealth and give myself permission to create wealth. 8. Wealthy people are good, generous people. 9. I become wealthy to the degree that I help other people become wealthy. 10. I become more attractive to wealthy, healthy people by displaying my best qualities. Can you see how your life would be different if you adopt these beliefs? Do you think having these beliefs or their opposites will lead to the most long-term success, both materially and non-materially? Here is an exercise that will help you internalize these beliefs. Take out a clean piece of paper. Write down each of these beliefs on that sheet of paper. You are now going to create two rituals with this list. By doing these rituals, you will gradually burn these beliefs deep into your subconscious until they become a part of who you are. First off, every morning right after you brush your teeth you are going to take out your list and read it out loud (whisper it if you are embarrassed). This should only take you a minute. Very few things that only take you a minute to do every day will give you such a high rate of return. Second, you are going to create a ten week program. Select one belief every week and compile as many pieces of evidence as you can to support that belief. By the end of the week, you should have a least a page filled with supporting evidence. You can gather this evidence from your personal life, observations you make or even books that you read. You may want to purchase a journal to do this. I cannot more highly recommend doing these exercises. Reading these beliefs one time is not enough to truly make them a part of who you are, which is what you need to do if you are truly going to create wealth in your life. Do these exercises, and build some momentum that will uncontrollably hurl you to financial success! 5 Keys To Becoming A Successful Entrepreneur Entrepreneurs are at the heart of the modern economy. They are resourceful, bold and capable of marshaling human and material resources in new ways that create wealth for themselves and others. If you would like to be financially successful and have the freedom that comes with being your own boss, then becoming a successful entrepreneur is a great way to do so. Entrepreneurs synthesize products and services from a lower level of value and take them to a higher level of value. Here are five keys that you need to understand and implement in order to be a successful entrepreneur. Key 1: Understand that value can be created To be a successful entrepreneur, you need to create value. Value and creation are words that are misunderstood by a lot of people. In the business world, value is 100% external. Something is only valuable if someone else thinks it has value. In general, things of value usually take away fears, frustrations and pain or give comfort, security or joy. Ask yourself frequently, “What is the process of valuing and what is the process of creating it?” Most people have the paradigm of taking and giving. The implication is that there is a fixed amount of value in the world to be distributed. It is like a pie that needs to be sliced up. Successful entrepreneurs have a different perspective. They see value as something that can be created. They ask themselves “how can I add to the pie to make it bigger so that there is more pie to slice up?” Key 2: Understand that wealth follows value Becoming wealthy is actually very simple: focus on creating value. Wealth is not money. Think of cash as a ticket to buy stuff in life. They are tools for transactions in much the same way as words are for ideas. If you focus on money, you will counter intuitively not increase the amount of money that you have. Ultimately, value creates wealth, and money follows increased wealth. If you want more money in your bank account, you ultimately need to focus on creating more value. This ultimately means figuring out what other people want, and helping them get more of it. Key 3: Know your customers To create value, and therefore create more wealth, you need to have a very clear understanding of what your customers want. A trap that a lot of entrepreneurs fall into that leads to their failure is designing their products and services around their own wants rather than those of their customers. A valuable exercise is to create something called a customer avatar. Creating a customer avatar comes from combining all of your customers into one imaginary person. Give that person a name, an age, desires, fears and a story. Spend some time on creating your customer avatar because every time you create a new product or service, you should be designing it for your customer avatar. By doing so, you can be sure that what you produce is actually fulfilling the needs of your customers, not yourself. Key 4: Create a great team Entrepreneurs oftentimes have a very independent attitude. This can be a great asset for the entrepreneur, but also a great liability. The reasoning is simple: to create the most amount of value and wealth, you need to spend your time and energy on what you are best at. The reality, however, is that there are a lot of things involved in running a business. This makes it very easy to get caught up in things that are not your specialty, and therefore lose money. Whether it’s as simple as hiring a personal assistant or actually hiring full time workers, you need to leverage the help of others in order to become more and more successful with your business. That said, a bad hire can be absolutely disastrous. Therefore, make it a priority to learn how to hire effectively so that you avoid bad hires that cost you money. Key 5: Enlist the help of a coach One of the best additions to your team that you can make is a coach. Hiring a coach gives you someone to confide in and help guide you forward as you navigate through what can be the treacherous waters of entrepreneurship. It is said that you are the average of the three people you interact with the most. To be a successful entrepreneur, it is important to surround yourself with a support group of people who will push you to higher and higher levels of success. Enlisting the help of an experienced business coach is an important first step in creating this support group that will help push you towards greater success. These five keys are a blueprint for being a successful entrepreneur. If you take consistent action and use this blueprint as your guide, then success is practically inevitable. The only thing that can stop you, in fact, is if you choose to stop!