Wednesday, January 28, 2009

Ten Steps to a Ten-Figure Income

By Rob Walcher D.C.

When you see a Billionaire, Do you See Yourself?

How difficult to you think it would be to achieve the status of a ten-figure income? Currently there are about 3 million millionaires in the USA's population of 300 million people. That equals out to about one percent of the total U.S. population! Statistically, almost one out of every 100 Americans is a millionaire!

Lets go a step further. There are approximately 360 billionaires in the United States.

The amount of people who are joining the class of super rich is growing daily. Once you become a millionaire you are only three orders of magnitude (1,000) to becoming a billionaire. So the difference in a millionaire and a billionaire is 1,000 million dollar sums of money.

Can you see yourself in that number? Basically, there are ten steps to achieving a ten-figure income. How many are already in your life? How many areas still need work?

1. You Must have a Vision

No one achieves success unless they have a dream or vision firmly implanted in their minds eyes. It is the first step to making your goal a reality. If you have no dream or vision than you are truly unmotivated at the deepest sense and will not become any more than you already are.

you got to have a dream if you dont have a dream how you gonna have a dream come true?

So simple. So true. So important. Yet too many people walk through life with no vision at all. How can they ever have their dreams come true?

Motivation is not enough; you have to be motivated to dream yourself through the creation and implementation of your vision.

2. You Must Have a Strong Why

The biggest question you need to ask yourself is WHY you want to be a billionaire. Dont just settle for the obvious reasonsfind out WHY deep down inside.

The reasons you pick have to be ultra compelling because they are precisely what is going to pull you through the hard times. Your whys should be much more than your wants, they should include the things that inspire your higher purpose and will keep you striving for more.

3. Surround Yourself with Successful People (Mentors)

Cows stay with cows, and so on. In other words, you have to surround yourself with mentors and other successful people who share your vision and see the future holding similar prosperity. Not only can you learn from their experience but they are like minded people who can teach you how to act wealthy and see it happen.

Learn from these pioneers! Let them show you the way. Why spin your wheels by reinventing the wheel?

Market a Product that Can Earn 100K Per Month

If you want to dig a little pond in a corner of your backyard, a shovel may work. If you are digging the foundation for a 100-story skyscraper, you may need a little more than a shovel. How about massive earth-moving machinery?

There is an avenue that exists that will help make your dreams come true. Think about growing and earning your business on the big time level.

5. Network with People

Nobody needs the headaches of hundreds of employees. You can create leverage by creating a network of people that will essentially be working for your efforts but not for you.

It is easier and makes more sense to earn 1% of 100 people than 100% off of your own efforts. Oilman J. Paul Getty coined that phrase and look where it got him.

Many of the network marketing opportunities available today offer individuals an amazing amount of leverage by using the efforts of many others. This must be included in your steps to earning a ten-figure income.

6. Invest Wisely; Invest Like the Wealthy; Get Out of Debt

The rich stay rich because they know what to do with the money they have. Middle class people work hard for every cent of their money while the wealthy make their money do all the hard work. You wont get rich paying interest or being in debt.

Think about it, the wealthy know how to get paid interest on their money. Find a reasonable, steady investment that offers consistent rates of return and low risk. Learn from the wealthy how to put your money to work for you and mimic their behaviors to be successful.

Create A Healthy Lifestyle

Lets take another quote from J. Paul Getty The individual who wants to reach the top in business must appreciate the might and force of habit. He must be quick to break those habits that can break him- and hasten to adopt those practices that will become the habits that help him achieve the success he desires.

The truth remains that you can't live one part of your life in health, wealth and goodness and forego in other areas. Eating right, working out and taking care of yourself and living a healthy life will impact your body and mind. This will spill over to all areas of your life.

Your body is the vehicle that will maintain you through it all. You must treat yourself well physically and mentally in order to succeed in life. Good health leads to a good mind and that is the number one tool to being a good business man.

8. Excellence Always

No one in this world is perfect, but it is a fact that you must always strive for the best in life. Greatness and success are achieved by a person only when they have made a conscious effort to include those expectations in every aspect of their life.

You must always strive to be the best you can be in all venues of life. Half hearted efforts in any category will sabotage your plans. As you strive for excellence, pursue your dreams with excellence as well. Pretend you are an Olympic athlete and this is your sport.you are going for the Gold!

9. Dream; Envision; Meditate

This step is closely related to #1. While it is imperative to have a dream (noun), it is equally imperative to dream (action verb). Keep your dreams and goals ever before your eyes by use of imagery and meditation.

Some people use a dream board, or a goal map to help envision exactly what it is they want their future to look like. Some list goals on 3X5 cards and review them daily. Still others write out (in present tense) what their life will be like in the future (as though they were already living out their dream). T. Harv Eker (Secrets of the Millionaire Mind) says whatever you focus on, expands So stop spending time focusing on what you dont want! Focus on what you want!

Stay Vigilant & Dont Give Up!

You may experience times when things arent going as well as you hoped. You may hit a bump in the road or be frustrated but as long as you dont quit, you havent failed. Failure is only when you throw in the towel and stop trying. Things will happen that force you to make decisions, change directions or adjust your outlook and goals and these are only to be expected.

If you have set your goal to have a ten-figure income, keep putting one foot in front of the other no matter what life throws at you.

Now that you have set your goals and are living your dream you are on your way to a 10 figure income. Keep the pace and always upon always keep one foot in front of the other. Your belief dictates your ability to achieve your goals.

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