According to a Credit Suisse report. there are approximately 36 million millionaires worldwide and these millionaires make up less than 1% of the world population yet they collectively hold 46% of the worlds wealth. On this #MammothMonday I am going to tell you about this phenomenon and what you can do to become part of this statistic.
First of all, I need to drive one fact home that I stated above and that is that 46% of all the wealth in the entire world is held by less than 1% of the worlds population. Do you understand the magnitude of that statement? I am going to tell you what that means just in case it’s not hitting home. That statement in the most simplistic of an explanation means that 1% of the world’s population employs 99% of the working world population.
So here is my advice to all who constantly ask me how they can become millionaires….. become an entrepreneur. Yes it’s that simple. It’s Mammoth Monday. Go out and do something huge like becoming an entrepreneur. If your mindset is in the right place then you’re starting to feel excited right about now. If on the other hand you’re from the old school of thought than all you’re thinking about right now is that you would never contemplate leaving your “secure” “job” and risk losing whatever it is you feel you have “secured” from your employment. The millionaire does not live next door but the millionaire could be living right in your own home. The question is whether or not you want that title bad enough. Are you the type of person who just dreams about it or are you the type of person who wants to spend their life living the dream? Only you can answer that question and that answer is only going to come in two forms, an excuse why you can’t or a reason why you can.
Here is the biggest advice I can give you on this day, STOP saying to yourself that you can’t come up with a million dollar idea. I am here to tell you that it does not take a million dollar idea. What it takes is something that you love and that you are dedicated to then, you have to work at it. There is no such thing as getting rich quick but if you work at building your dream, it will flourish. Keep in mind also that there is a big difference in working a 16 hour day building someone else’s dream and working a 16 hour day building your dream. So on this Mammoth Monday throw out your fears and start living your dream.
Check out my previous blogs on steps to take to start and grow your business or visit my main website at www.TheMainHustle.com for more detailed assistance. You can also post a comment, question or concern and I will try and answer everyone. All you have to do is start.
There’s a great book I would like you to get from your library. It’s called The 4 Hour Workweek. It really touches on ideas and concepts that you probably haven’t even thought about concerning working for yourself with some eye opening ideas you can use immediately. If it isn’t available at your library, here is an Amazon link to the book>> https://amzn.to/2P9rCUw
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#TimothyFerriss
