- Posted by Jeff Vacek
- On March 2, 2016
- 0 Comments
- How the TOP 1% Think
Believing that you can succeed is the number one, most critical way for you to think if you’re going to get over any inner limitations.
But there are other important qualities that are common to the way the most successful people think (we’ll call them the top 1%). Here’s a list of some of the most important ones:
The top 1% have a healthy relationship with money
Many people who don’t have the kind of money they’d like have a sort of love-hate relationship with money. Their thoughts and feelings about money are tied up with guilt, envy, competition, and beliefs that “my gain is another’s loss.”
We’ve all heard ideas like “the love of money is the root of all evil” and that poverty is a virtue.
There’s the story of Midas, the greedy king, who wished that all he touched could be turned to gold. But when his wish was granted, he came to see it was really a curse. And Rumpelstiltskin could spin straw into gold, but he was one of the most evil-hearted characters in the world of fairy tales.
These things are part of our culture, and they really give money a bad name.
If we want to make big money, but at the same time all these negative ideas are floating around in our heads, we can’t help but be conflicted. And we won’t have the kind of attitude we need to achieve success.
By contrast, people who become wealthy tend to have a much more positive and sensible attitude about money:
- Instead of feeling guilty about making money, they know that they have as much right to be rich as anyone else.
- They know there’s no scarcity of wealth, and that for them to make money doesn’t limit anyone else’s chances.
- They know that there’s nothing wrong with enjoying life and providing nice things for the people they love.
- They understand that they can make money by offering information or goods that help others, and that way everyone benefits.
- They are grateful for what they have, and optimistic about what is possible for them in the future.
- They don’t waste energy being envious of anyone else, or comparing themselves to others. Their energy and attention are focused on today’s opportunities and how to take advantage of them.
- They are not so serious about making money that they neglect to have fun, or forget what’s really important in life.
The top 1% have goals
Most people find it very difficult to stay motivated in a vacuum, where they don’t know where they’ve been or where they’re going. Just about any career counselor will tell you that goal-setting is a critical aspect of being successful at anything.
As an entrepreneur, you’re on your own. You don’t have a boss telling you what to do. That’s great – unless you don’t keep telling yourself what to do. You have to keep reaching for the next achievement, and that means setting a series of goals.
Notice that I said a series of goals. You want to have achievable goals that you work on in the short-term, and bigger goals for the long-term. An initial goal to make ten million dollars is just as useless as having no goal at all. It’s just too far out of the realm of possibility, and you’re setting yourself up for failure from the beginning.
And you have to have a goal that’s specific. A goal to “make a lot of money” is also useless. But starting with a reasonable goal, like building a business so it yields $1,000 a month is a good place to begin.
Then set up a 6-month plan, a one-year plan, a five-year plan. “In six months I’ll be making $1,000 a week.” “In one year I’ll be making $2,000 a week.” Then adjust as you go along. And never stop at a milestone. As soon as you achieve one goal, set the next one.
There’s no one single way to be successful. You have to discover what works for you. But if you don’t sit down and start thinking about it, you’ll never find out what works and what doesn’t. And if you never set a goal at all, your enthusiasm may fizzle out, you’ll lose your direction, and that will be that.
Having a goal will keep you persistent. And persistence is a remarkable quality that is proven to bring success, even in the face of a mountain of obstacles.
The top 1% keep the big picture in mind
To be successful in any business – and have a real life while you’re doing it – you have to see the big picture, and not just focus on the money.
What good is having all the money in the world if you don’t like what you do every day? What’s the purpose of having all that money if you don’t enjoy the process of making it, and you don’t enjoy what the money allows you to do?
It’s ironic, but if all you focus on is how much money is coming in, it will never be enough money! You’ll always have a feeling that something is missing. And that’s not what we want for you. That’s why we call this the Ultimate Freedom Business. It’s so that you will have the money that allows you to have the freedom to live and love as you want.
You want money to work for you. You never want to become a slave to making money.
So keep the big picture in mind. Find something you love to do and keep it in the right perspective. That way you will get the money you want, and it won’t ever be a problem to you.
Alright, that pretty much wraps up this segment.
Tune in next time and I’ll start with sharing more ways the Top 1% think and be.