5 Signs You're GUARANTEED to be Rich

You've been working day and night trying to get your business off the ground or you've been working more overtime than you can count. At some point, you should get

rich

, right? Well, in this video I will share with you 5

signs

that you are

guaranteed

to be

rich

, the last sign being one that all millionaires have in common. Sign #1: You're angry because you're broke. People who want to earn more or get ahead in life must be prepared to leave their comfort zone. Successful people around the world learn early on that becoming a millionaire is never easy; Furthermore, the desire for comfort can be a temptation that will ruin any hope you have of becoming rich.

Those who achieve true financial success learn to be comfortable working in constant uncertainty. So what does it really mean to step out of your comfort zone? Stepping out of your comfort zone may mean taking a job above your qualifications, learning a new skill, or connecting with new people whose advice you could benefit from. As Drake says, “we're starting at the bottom now that we're here” and in many circumstances you'll have to climb out of financial mediocrity and rise through the ranks to get to where you're trying to get. In fact, starting from the bottom usually means enduring and overcoming difficult times and a lot of discomfort.

Soon-to-be successful people take comfort in the fact that the easy path soon becomes difficult, while the difficult path eventually becomes easy. Basically, you have to hate your current position in your life. It is generally believed that a successful person must maintain a burning desire for wealth that essentially consumes him. It is this fire that keeps you awake at night and keeps you hungry for tremendous success as you progress. Only people who do not agree with financial destitution take steps to improve their financial situation. Therefore, in this video I want to congratulate you in advance. If you are lucky enough to feel this desire and know how to keep it burning, your success is inevitable.

And if you believe that one day you will be rich, like this video, if you don't believe it, dislike it. Sign #2: You have separated your time and money. They lied to all of us. As we grew up, we were sold the misconception that we needed to follow the traditional career path of a 50-hour work week to earn a stable salary. In short, your life should consist of going to the office early, working 8 or more hours a day, staying up late to take care of all your other responsibilities, and if you're lucky, you'll have a few hours to yourself on the weekend. chill out.

Then, if all goes well, at age 65 you'll have enough money to start a modest retirement lifestyle. So who is the guy who really came up with this nonsense? How did man come up with a rule that said: we must exchange our time for money? In fact, it can be said that this is one of the biggest scams in society. Time is our most important asset and not even all the money in the world can replace this fact. Now, if you currently earn income by trading your time, then you know how limiting this is to your overall earning potential.

In fact, I would go so far as to say that it is almost impossible to be successful exchanging time for money. When you exchange money, your income always has a limit. The first reason is the fact that there are only 24 hours in a day and most of us need to sleep eight hours, commute for two hours, cook, eat, bathe and spend time with friends and family. When all of these activities are accounted for, this gives us 10 to 12 hours to exchange income. That's all. But the fact is that no matter how much time you spend working for an organization, whether it's $20, $30 or $50 an hour, you always have limited time.

Plus, you have to wait years before you get that much-needed and prayed-for promotion. And chances are you won't necessarily get that promotion. Now, to top it all off, employment tax is the most taxed income, and the more income we earn, the more taxes we face. This means that when someone goes from earning $60,000 to $100,000 at her job, she is not actually earning $40,000 more, the after-tax increase is significantly smaller. Not to mention, when we constantly trade our time for money, our time for our passions is severely limited. Things like a hobby we love, contributing to the community, or building something that can have a tangible impact on the world take a backseat while we try to stay afloat financially.

But, since you are watching this video, you are now aware of the time for money trap, so make sure to congratulate yourself by hitting the like button below because once you abandon this inefficient model of making money, you will be one step closer. near. To become that rich person you have always wanted to be! Once we let go of the mindset that says to make money we have to trade our time for it, our minds open to opportunities. There is no rule that states that to earn X dollars we have to work X hours. When you are among people who understand that time cannot be exchanged for money, you are thinking about exchanging value for money, not time.

Such a person thinks about what value he can create for other people and how he can create that value. What resources, skills, knowledge, connections or ideas do you have that people value? Identify your strengths and abilities and then go all out. Sign #3: You understand the difference between saving and investing for wealth creation. As with many things in our educational system, most people have a misconception about saving and investing; They think it's the same. Although many often use the terms interchangeably, they are as different as chalk and cheese. Having this knowledge is a sign that you are about to get rich.

You may wonder: why is this knowledge so necessary? Well, stay here; I'll explain it to you in a minute. The difference between your expenses and your monthly income is your savings. This is the first stage, not the goal, when it comes to wealth creation. When you pool some of the money you save and invest in different asset classes, such as stocks, bonds, real estate or gold, you create wealth. Some financial advisors simply tell you to set aside money regularly. Spend less than you earn and put the rest in the bank. This is a savings. However, when you understand that saving alone cannot make you rich and is different from investing, you can take the next step.

Assuming you set aside a fixed amount each month for mutual funds. Now, this is investing. The thing is, some people already know that investing money can generate returns that increase your net worth and help you build wealth over time. However, they believe that storing cash in the bank is the tried and true way to do it. Once you can differentiate between saving and investing, you'll understand that money kept in a checking account doesn't produce enough returns to beat inflation. Instead, money invested in assets like stocks, mutual funds, and real estate, while exposed to more risk, is the best option for achieving the level of wealth creation you desire.

The goal of all investments is to beat inflation because, with inflation, the value of money deteriorates over time. If the current cost of buying bread is $3 after ten years, the same bread will probably cost you $6. Therefore, when you invest, your goal should be to earn a return above inflation. Let's say you put your money in a bank account that pays you 7% interest, something you'll probably never see by the way. One year later, you have 7% more money. However, if inflation is above 7%, you will buy less than when you started, even if you have more money in your pocket.

This is why understanding the difference between saving and investing certainly bodes well for wealth. If your goal is to double your savings, you should invest them so that the interest rate or profit you earn is higher than inflation. To create wealth, all you have to do is invest to beat inflation and do so regularly over time according to financial plans. Sign #4: You Have Financial Mentors If you already have a financial mentor, believe it when I tell you that you are on your way to success. Many very successful people have this in common: they had a mentor.

A mentor is someone who is on the same path as you but is simply further ahead. Based on their experience, they can provide you with the information and guidance you need for your chosen career path. If you ask me, mentors are crucial to your success because they will guide you, among other things, on how to avoid potential pitfalls and how to approach the next steps in your career. A mentor can often facilitate networking between you and others, which can also help you advance in your career. Getting a mentor can benefit you in many ways and can definitely help you achieve success faster than if you had no guidance.

In fact, you should be grateful that you realized the need for a mentor and found one. Because? Let me break this down for you right now. Starting, managing and growing a business can be a lonely and difficult task. Who did you turn to for advice? Who can you bounce ideas off of? And if you sometimes feel depressed, confused, or just want a boost of energy, who can give it to you? The answer is simple: you get a mentor. There are many people who have built a business and there are many more people who are passionate about sharing their experiences about what works and what doesn't.

A Zen quote states that a wise man learns from his mistakes, however, an even smarter man learns from others. When it comes to creating something new, you have two options: the first is to put in years of hard work, learning through trial and error, reinventing the wheel. The second is to learn from people who have already walked that path. Mentors who have been there and done that. In my career, I soon realized that observing and emulating the habits, processes, and attitudes of successful people was a reliable way to track my own success. Looking at this, this was one of my most important life lessons and it has stayed with me ever since.

This simple idea can easily be transferred to your world, and if you want to accelerate your success: personally, professionally, and in your business, this is it: success modeling! Now, keep in mind that if you have a mentor to guide you, that doesn't mean there won't be trial and error experiences. After all, we know that a child learns to walk by modeling the people around him, but still falls from time to time. Why does the second sibling usually develop faster than the first? Because they have a role model to emulate and copy, they "model success" from an early age.

It is a simple ideology; Without realizing it you become the person you spend the most time with. There is an expression that says: "If you want to fly with eagles, don't hang out with turkeys." Let's say you want to be a high achiever and you've surrounded yourself with like-minded people who share common values ​​that stretch and challenge you. allows you to grow. Your chances of success have increased just as your chances of failure have decreased. Once stretched, the mind never returns to its original dimension. Sign #5: You Have Multiple Streams of Income The ultimate sign of people destined to make great wealth is that those people have created multiple streams of income for themselves.

Not only that, but they can successfully maintain and multiply these income streams. One way people build new income streams is through active work. Most people who eventually become rich start by trading time looking for money in a job or in their business. Then they slowly build up the assets to back off their time while continuing to make money and watch their bank balances rise. However, beyond active income, making money while you sleep is another key to financial prosperity. Let's say you're a writer. Opportunities to generate passive income include writing a book or creating a blog from which you earn advertising income and income from product sales and affiliates.

At the end of the day, making more money in various ways is a telltale sign that you are about to get rich and if you really want to take your wealth to the next level, click on the video below and let's get started! Thanks for watching guys, and I'll see you in the next one.