Tuesday, August 11, 2009

Millionaire Mindset for Entrepreneurs

What are you thinking about right now? Are you thinking of some sort of problem or some sort of solution? Most successful entrepreneurs have a Solutions oriented Mindset. One of the greatest books on success, “Think and Grow Rich” by Napoleon Hill says it best with whatever the mind of a man can conceive and believe he can achieve. I’ve listed a few easy transitions to begin building a Millionaire Mindset for Entrepreneurs.

• Understand Your Time: You need to understand how much time you spend on certain activities and if that gave you the desired result you were looking for. For one week monitor your time. How much time is really being spent on activities that get you closer to your desired outcome and how much time is spent somewhere else? Get clear on this first.

• Evaluate & Make Changes: Now that you’re clear about where your time is spent, let’s begin to capitalize on your time. Start with something easy. This could be as simple as reading a book for an hour instead of watching the T.V. Maybe you get right into work in the morning instead of checking email and getting ready to get ready. Whatever it is make a plan you’ll stick to.

• Work your Plan: Repetition breeds success. As you continue to work your plan you’ll notice things begin to free up a little. This is usually when you begin to make bigger distinctions and come up with bigger and better solutions. As this becomes routine for you it is no longer something you have to make yourself do. This will actually help you free your time.

• Associations: Who spend your time with and take advice from plays a big role in cultivating a Millionaire Mindset for Entrepreneurs. You can’t be one person during work hours and then someone completely different the rest of the time. As an entrepreneur, this is who you are. Look for those who you would like to model yourself after in all aspects of your life. This again is where you will begin to make bigger distinctions and bigger and better solutions.

Beginning to make just a few small changes will begin to cultivate a Millionaire Mindset for Entrepreneurs. Get clear about your time, evaluate how and when you do certain things, be consistent with your plan and begin to attract like-minded individuals. As with anything else you’ve got to be committed. Implement your own plan and see how far you really can go.

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