Sunday, February 1, 2009

Ten Easy Steps to a Ten Figure Income

By Rob Walcher D.C.

Seeing Yourself In Billionaire Status

Can you imagine yourself earning a ten figure income? Think about in terms of really happening; not just a dream of winning the lotterybut earning a ten figure income. In the United States there are in the arena of 3 million millionaires. With a population of 300 million that translates into about 1% of all Americans being millionaires.

Look even more closely and you will see that there are 360 billionaires in the United States. Can you see yourself as a billionaire?

The amount of people who are joining the class of super rich is growing daily. Once you become a millionaire you are only three orders of magnitude (1,000) to becoming a billionaire. So the difference in a millionaire and a billionaire is 1,000 million dollar sums of money.

If you can really envision yourself at that level of money making success then you must realize that there are only 10 steps to making it a reality. Quite possibly you have already completed one or more of the steps and this article is intended to allow you to see where you are and what more you have left to do to make it to that first million.

1. Vision

No one achieves success unless they have a dream or vision firmly implanted in their minds eyes. It is the first step to making your goal a reality. If you have no dream or vision than you are truly unmotivated at the deepest sense and will not become any more than you already are.

you got to have a dream if you dont have a dream how you gonna have a dream come true?

Lots of people walk through life static, never thinking they could achieve more. But you can and you have to dream it to become it!

Motivation is not enough; you have to be motivated to dream yourself through the creation and implementation of your vision.

2. WHY?

The biggest question you need to ask yourself is WHY you want to be a billionaire. Dont just settle for the obvious reasonsfind out WHY deep down inside.

Make sure your why is bigger than you are (bigger than your mere wants). Once you get up past the six-figure level (monthly or yearly, either one) and move ever higher, believe it or not, things will begin to bore you. There must be a higher calling that compels you to keep moving ever upward. Locate your why!

3. Mentors

You do not have to be a pioneer. There are tons of people who have done this before you and they have a lot of lessons in their experience.

You can learn from their coaching, their books or other means. Let them be the pioneer and you can reap the benefits of their knowing.

4. Find the Right Means to make $100K a MONTH

If you want to dig a little pond in a corner of your backyard, a shovel may work. If you are digging the foundation for a 100-story skyscraper, you may need a little more than a shovel. How about massive earth-moving machinery?

If you are serious about a ten-figure income, you will need an income-producing vehicle that will accommodate your goals. Stop messing around with marketing $15 and $20 items. Only big ticket products are going to get you where you want to go. Find the best vehicle to fit your plans.

5. Network with People

Nobody needs the headaches of hundreds of employees. You can create leverage by creating a network of people that will essentially be working for your efforts but not for you.

would rather make 1% off a 100 people than 100% of my own efforts.

This is valuable insight that will allow you to utilize the talents and efforts of others for your own betterment. Many network marketing opportunities exist which offer the individual entrepreneur an incredible venue for finding the efforts of others for your own use. You must include this in your plan.

6. Invest Wisely; Invest Like the Wealthy; Get Out of Debt

The biggest difference between the middle class and the wealthy is that the middle class spend most of their time working or earning their money. They are stuck paying interest on loans etc, while the rich are earning from their interest.

Think about it, the wealthy know how to get paid interest on their money. Find a reasonable, steady investment that offers consistent rates of return and low risk. Learn from the wealthy how to put your money to work for you and mimic their behaviors to be successful.

Create A Healthy Lifestyle

Lets take another quote from J. Paul Getty The individual who wants to reach the top in business must appreciate the might and force of habit. He must be quick to break those habits that can break him- and hasten to adopt those practices that will become the habits that help him achieve the success he desires.

The truth remains that you can't live one part of your life in health, wealth and goodness and forego in other areas. Eating right, working out and taking care of yourself and living a healthy life will impact your body and mind. This will spill over to all areas of your life.

Your body is your friend. Treat it at least as well as you do your vehicle. (Would you put sugar in the gas tank of your car?) Your brain is also your friend " feed it more good news than bad.

Except Only Excellence

No one is perfect or is expected to be perfect. But you should always strive for excellence and no less. Even if you miss the mark you are at least striving for the best you can be. The excellence spills over to all aspects of your life, physical, mental and emotional.

You must always strive to be the best you can be in all venues of life. Half hearted efforts in any category will sabotage your plans. As you strive for excellence, pursue your dreams with excellence as well. Pretend you are an Olympic athlete and this is your sport.you are going for the Gold!

9. Dream; Envision; Meditate

This step is similar to Step#1. While the utmost importance of course is always to have a dream (noun) you must never forget to dream (verb) as well. Using imagery tools to keep the dream in close proximity is an effective means of helping to make it happen.

Some people use a dream board, or a goal map to help envision exactly what it is they want their future to look like. Some list goals on 3X5 cards and review them daily. Still others write out (in present tense) what their life will be like in the future (as though they were already living out their dream). T. Harv Eker (Secrets of the Millionaire Mind) says whatever you focus on, expands So stop spending time focusing on what you dont want! Focus on what you want!

10. Never Never Never Quit!

Failure is not failure until you quit. Only when you throw in the towel and quit will you ever fail. Falling short of a goal is not failing. (Hey, you started, didnt you?) Changing direction is not failing. Errors in judgment is not failing. Making honest mistakes is not failing. Failure is never a lack of success. It is simply staying down after you trip or stumble. Failure is giving up and wimping out when you think the going is too tough, or when you let negative thoughts tell you cant make it.

If you have set your goal to have a ten-figure income, keep putting one foot in front of the other no matter what life throws at you.

Whatever you can believe and conceive, you can achieve. - 16890

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