What’s the difference between a self-made millionaire and the average middle class entrepreneur?
Is it their work ethic?
Their commitment to their brand?
Or did they just get lucky?
In Business Brilliant, Lewis Schiff debunks myths associated with a self-made millionaire’s success and investigates the question we’re all dying to know the answer to, how do they do it?
Win a Copy of Business Brilliant
This book was so eye-opening for me that I wanted to share it with you and give it away for FREE!!
Sign Up Here to Win a Copy of Business Brilliant
On Thursday (July 11) at 2pm EST I’ll have the pleasure of interviewing the author Lewis Schiff. You can sign up to watch the interview on Project Eve here!
After you’ve signed up to win a copy of your book, come back to get in action on your first millionaire mindset habit.
Self-Made Millionaires Set Financial Goals
One thing self-made millionaires consistently do is set financial goals. Since we are half way through the year, this is a perfect time to review your goals and see where you are tracking against them year to date.
You with me?
Reflect + Get In Action
FINANCIAL REFLECTION
- Where do you want to be in 10 years?
- What do I want to accomplish before the end of 2013?
- What are my monthly targets through year end?
BUSINESS OBJECTIVES REFLECTION
- What key business goals do you have for the balance of 2013?
- What steps will you take each month to get there?
ACTION
- Document your goals on a piece of paper or note card.
- Post that notecard somewhere that you can see it everyday.
- For bonus points, rewrite the goals until they are perfect and until you can recite them by memory.
When you write the goal down it is no longer a thought in your head, but it becomes something tangible that you can visualize, touch, and feel. Memorizing the goal ensures that you can constantly be in check to ensure everything you do aligns with your end-state.
What’s On your Goal List?
I would love to hear any of your goals below. I’ll share some of my reflections in the comments below as well.
See you there!
Amber
Hey, chica! My big Daily Whip goal was to make $50K this year. It was a big dream goal, especially since my business is only about 9 months old, LOL. I don’t know if I can make it. I need to figure out how much I have already made — maybe a few thousand? But that’s a few thousand more than I had at the beginning of the year. I’m still considering getting a “day job,” but right now I’m loving working from home so much.
Love the questions. I instantly opened a new document in google drive and started to write. Questions like “what do you envision for yourself in 10 years/5 years/x years” always scares me silly. To ponder something like that always make me nervous for some reason, just as putting my financial goals in writing. I KNOW what I want but saying it out loud feels nerve wrecking for some reason 😉
My goals for the remainder of this year is to get my business up and running i.e. getting clients. I want to earn at least a 150 dollars per month (that would be a little over a thousand swedish kr) on my start-up. I also want to create a brand around myself as a singer/artist and as a traveler (since I’m planning to sell travel advice 😉
Right now feel stuck but having goals will hopefully force me to start working again, seeing what steps I need to take to follow through.
My goal is to evolve my business into a model where I’m not restricted to exchanging time for money. I’d LOVE to make a million bucks (and more) — although I found Danielle LaPorte’s recent post an interesting read: http://www.daniellelaporte.com/business-wealth-articles/assumptions-about-money/
I guess it’s more about WHY we want to earn that much — where we want to spend the cash and how we want that to feel. But I definitely don’t think it’s wrong for us to want to earn big. A financially independent woman is sexy as hell!
My first financial goal is to turn an actual profit in business. I have tried several different attempts and all of them have turned out to be more expense than profit. So, I want to actually have a positive balance from my business to start. In the long run, the bigger the better, but that first dollar of PROFIT (not a dollar received that has to be spent on something I already bought or will buy in the near future for the business) is really important as a starting point.
Awesome!!! Do you have clarity around your revenue targets your expenses to see where you need to be to profit, @Speechteach?
My goal has been to move into an info product model and I just did that in the past two weeks with my first online course. I’m also introducing a product line in the next few weeks that I’m uber excited about! I also have been much more vigilant about paying attention to my numbers and I’m happy to say that I doubled my business income from May to June 🙂 woot woot! Here’s hoping that continues…..
M Juliana – Fabulous on doubling your income month over month. What future state goals do you have around your financials?
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