The world is full of people who complain just about everything but do nothing. Yet they wonder how to become a millionaire with no money.
A lot is wrong about this mindset. Let me tell you what exactly.
For a start, you need to let go of blaming others for what you don’t have. And need to immediately start taking responsibility for anything that happens and doesn’t happen to you.
It’s what all self-made millionaires are doing, and something you can’t just skip if you want to change.
The transformation happens on the inside first. And this responsibility thing will make all the difference.
Next, average people think you need a million dollars to actually live like a millionaire. Well, that’s not true. You need the lifestyle, not the money.
Because if you have the money but lack the time and organization to spend it right, you simply won’t be able to do anything with it and will be miserable.
What’s more, you won’t be able to sleep as managing money is often harder than earning it. The net worth of a millionaire might not be for you, but the mindset and lifestyle might be. And that’s what you should go after.
The Internet is full of inspiring self-made millionaire stories.
Most people, however, just don’t really read these and try to extract the lessons. Because if they did – if they set aside tens of hours to read biographies of great leaders and success stories of Fortune 500 companies – they’d see some important underlying principles of accumulating wealth.
They would understand the steps to becoming wealthy, the way of thinking that requires, and what exactly can go wrong so they can avoid it on their journey.
The information is out there. Most big publications have shared it with the world for free.
All it takes it to create a site and start blogging to build an audience and monetize it.
If you’re interested in starting your own blog, I created a FREE course that walks you through the steps.
In fact, to know how to become a millionaire with no money, you can simply dedicate a month of your life to self-education.
You can learn all about starting an online business on the side and the possible ways to earn passive income. Then you can make a 1-year plan on how to earn your first money online, turn it into a steady income, and leave your job.
Then you can manage your finances like a boss, which is one of the top habits of millionaires. After all, wealth accumulation is all about earning more, spending less, and saving and/or investing the difference.
Learn the ins and outs of investing too. It’s a complex issue, but plenty of people out there are self-taught investors earning cash on a daily basis, and living the lifestyle of their dreams.
The most important thing to understand is that this doesn’t need to require money. But it does require hard work.
To Become a Millionaire from Nothing, You Need to Be a Hustler.
I follow quite many millionaires online. I love their stories, learning about how they got started, and seeing their growth over the years.
Let’s take Gary Vee, for instance. The hustler of all hustlers.
He’s all about execution and encourages grinding 24/7/365.
There are some millionaire success habits that will guarantee your progress. And I’m not saying you’ll be a millionaire by 30 solely by getting up earlier and starting an online business. No.
But each behavior described below, when combined with mindfulness and a long-term vision, is bringing you closer to that one big idea one day that will change the course of your life.
All this is preparation. You’re preparing yourself for the responsibility. Because I’m convinced that if you wake up being a millionaire tomorrow morning, you simply won’t handle it.
How do I see through my third eye?
That’s why self-made millionaires who started from nothing are happy. Because they wanted it, earned it themselves, invested years to develop the mindset to accept the hurdles and be okay with the stress in daily life, and can still live normally appreciating the little things.
2. Ditch the non-believers.
Who you surround yourself with is crucial.
You need to stop hanging out with people who aren’t ambitious and aren’t looking to become rich any time soon. Instead, find new like-minded individuals.
Then, find a mentor.
While you’ll eventually start going to networking events to grow your network (as it is your net worth), you can also find great mentorship online.
Start following self-made millionaires and billionaires online.
Here’s a list of a few great ones that came to my mind:
- Bill Gates
- Tim Ferris
- Richard Branson
- Mark Zuckerberg
- Jack Dorsey
- Evan Spiegel (Snapchat co-founder)
- Elon Musk
- Mark Cuban
- Larry Ellison (founder of Oracle)
- Nathan Chan (Foundr Magazine)
- Noah Kagan (AppSumo)
- Howard Schultz (Starbucks)
- Oprah Winfrey
- Sergey Brin and Larry Page (Google)
- Paul Allon (Microsoft)
- Jeff Bezos (Amazon founder and currently the richest person in the world)
3. Start building your online empire today.
I believe in a simple solution to creating the ideal lifestyle – earning passive income. And one great way to do that is to start a blog, grow it, monetize it strategically, and allowing it to earn you money for years to come while you move onto other business ideas.
If you do your best and dedicate all your free time to that, it will pay off in the long-run.
Today it’s all about attention.
5. Learn, learn, learn.
One of the main secrets of self-made millionaires is that they are passionate learners.
I don’t mean formal education. It’s not a coincidence that some of the richest and most successful people of today are college drop outs.
You can learn all that you need yourself. It’s called the art of lifelong learning.
It’s mostly a mindset, and it should go together with true desire and curiosity.
I’m talking about learning the ins and outs of the field you’re about to enter.
Learning all about managing money and dealing with numbers.
Understanding the main principles behind starting an online business, building an audience, creating a name for yourself, and engaging people with your content and brand.
