Every Millionaire Has This ONE Thing In Common

This one little known skill is something that 100% of millionaires have in common. No matter what market, no matter what niche, no matter what industry, all millionaires have this one little known skill in common. And the crazy part is most of them never talk about it at all. Imagine how powerful it could be if you knew this skill and began to apply it to your own life. We're talking all about it today in the video. There's one thing that changed in mine and my wife's life before we became millionaires. And you know what it was? It was our mindset. Okay? Every single millionaire that I know, they all have at least one thing in common. And that thing is this. They've got to get their thinking correct when it comes to money. And even when it comes to the desire and the expectation of wanting to be a millionaire, right? So check this out. There's a scripture, Romans, chapter 12, verse 2. I like what the NLT version. Version says. It says it like this. Let God transform you into a new person by changing the way you think. Now, I want to see at least 5, 10 people in the comments if you want to be transformed. What needs to change? We just read it right here in Romans. What needs to change first if you want to see a transformation? Right? Mindset, right? And why is the mindset so important when it comes to every aspect of our life in today's context? Specifically in the place of growing as a person that is worthy of receiving and earning millions of dollars? Right? Because I always tell my students this, guys, it's less about the million dollars and it's more about becoming the person it takes to know how to generate a million dollars, okay? But none of this is going to happen if you don't change your mindset. Come with me here to the board. Let's check this out. Watch this. Why are our thoughts so important? Because. If you sow a thought, you'll reap an action. If you sow an action, You'll reap a habit. If you sow a habit, You will reap. Oops. You will reap a character. And if you sew a character, You will reap a destiny. But look where all of this starts. Okay, watch where all of this starts. If you want to fulfill your God given destiny, and in the context of what we're talking about today, in building wealth for you and your family, guess what has to happen first. Your mindset has got to change. If you sow a thought, you'll reap an action. If you sow an action, you'll Reap a habit. If you sow a habit, you'll reap a character. And if you sow a character, you will reap a destiny. If you're taking notes, I want you to write this down, okay? Every thought is a seed that grows in the garden of your reality. Every thought is a seed that grows in the garden of your reality. I want to submit something to you. If you don't allow yourself to have the desire to become a millionaire, chances are you won't become one, right? Like, so many of us have been brainwashed by culture. We've been brainwashed by the school system. We've been brainwashed by maybe by your family, maybe by the church that you grew up in, right? It's just all around us to be brainwashed with this idea. Like, oh, we don't want to go for too much. We just want to have just enough. We just want to be comfortable, right? In my opinion, one of the most selfish things that somebody can want is just enough to be comfortable. Why? Because if all you want is just enough to be comfortable in your finances, guess what? You can't take care of anyone else, right? If you just have enough for me and mine, how are you going to build that orphanage? How are you going to buy that person's groceries? How are you going to give? How are you going to bless somebody? How are you going to help those in need? Right? Well, I just want just enough. Like, if we put that mindset, that false limiting belief against what I'm about to say, it really starts sounding very silly. What if I were to ask you, like, how healthy would you like your kids to be? Right? Would you answer, like, well, just healthy enough. We don't want them to be mega healthy. Just healthy enough, right? How thriving would you like your marriage to be? Well, just. Just thriving enough. You know, I don't want my marriage to be too good. I just want it to be good enough. Right? How healthy would you like to be? Well, not too healthy. Just a little. Just enough healthy. Like, this is the mindset. And then. So why do we say that when it comes to our finances, when it comes to our desire to want to change not only our lives, but our children's lives and our children's children's lives? I'll tell you this. Before my wife and I became millionaires and multimillionaires, something changed in us. And you know what that was? A desire to be a millionaire, right? Like, we had to come to grips with the idea. Like, you know, this isn't wrong. Like. Like Obviously, money is not the most important thing, but it's one of the most important things. I love talking to people who always say, like, oh, money's not important. Really Now? If money is not important, then why do you go to a job for 40 to 50 hours a week, five to six days per week for 40 years, to try to make a little bit of money? Well, it's not that important. Okay, then why are you spending your whole entire life trying to get some right? We have to change our thoughts, guys. We have to change our mentality when it comes to I would like I desire to become a millionaire, or maybe your desires to become a multimillionaire so that not only my life can change, but I can help change other people's life. If you're taking notes, write this down. Many people think that they need a financial breakthrough, but. But really what they need is a mindset breakthrough. Like, think about it like, you can't expect to have a millionaire bank account until you first develop a millionaire mindset. You've got to become wealthy in your mind long before you become wealthy in your bank account. It all begins. Romans chapter 12 just told us this. Let God transform you into a new person by changing the way you think. You've got to change your thoughts when it comes to I desire to be a millionaire. I desire to be a multimillionaire. Right? You have to allow yourself to go there and understand this is not a bad thing. This is actually going to be a good thing. Okay, let me ask you this question. Are you thinking and acting like a broke person? Are you thinking and acting like a wealthy person? How do broke people act? Well, broke people, they have broke conversations. They say things like, man, I'll never be able to. That's so expensive. You paid what? My gosh, that's too much, right? Those are broke conversations. I actually refuse to have broke conversations in my life, to be involved in any conversation. That is. It's too much. I can't afford it. That place is so expensive. That thing is too much. I'll never be able to afford it. I'll never be able to do this. Oh, my gosh. My whole paycheck was given to this thing. I refuse, because a lot of the times, the conversations that we're having. The same way that your thoughts are seeds that are sown into your future, your words are also seeds that you sow into your future. So I don't want to be like, I can't afford that. A better way to see that statement is not, I can't afford that. Change your thought pattern, change your mentality, change your language to how can I afford this? Right? When you begin to make these slight adjustments in your mindset, everything begins to change. Now again, you may not. You may not be able to physically afford it yet in your reality, but the reason why I said you have to become a millionaire in your mindset before you see millions in your bank account, the reason why I said that is because you've got to start thinking like a wealthy person before you can actually touch that paper, man. Right? You've got to change your mentality. So that's my question to you. Are you thinking, Are you acting? Are you talking like a broke person? Or are you thinking, acting and talking like a wealthy person? Okay, let's go back to the board here. I'm going to give you guys and gals a few contrasts between how broke people think, scarcity mindset people think, right? How struggling people think and how wealthy people think. Let's come back here to the board. Okay, So let's look at these differences, see if I can fit it all here. Okay, so here's how broke people think, okay? And you definitely do not want this. And here is how wealthy people think. And you absolutely want to think like this. Okay, you guys ready? Take notes. If you, if you. Hopefully, if you have a pen and paper, please write this stuff down. Okay? Number one, Broke people have a scarcity mindset. You know what a scarcity mindset is? A scarcity mindset is a mindset that would rather hold on tight because you don't know if you're going to have enough, right? Oh, I don't want to do this. Like, what if there's not enough tomorrow, right? You want to break out of the scarcity mindset because here's the thing. Come back to the board here. Broke people have a scarcity mindset, but wealthy people have. Have an abundance mindset. Hey, I really hope that you're enjoying the video. I want to invite you guys. I have recently created a free training teaching people how to make money online. My students are literally making anywhere from five to $10,000 a month. And some of them even make hundreds of thousands of dollars. Not. But in a single day. If you want more information on how you can get started, all you need is a phone and a laptop. You can go to digital productacademy.org or you can click the link below in the description. Guys, after you watch the free training, if it sounds like it might be something cool for you to check out, you can book A free call with one of my client success coaches, and they'll be able to help you more. Now back to the video. You know what an abundance mindset is? An abundance mindset is this. I believe that there is more than enough for you to have more than enough for me to have more than enough. And when you have more than enough and I have more than enough, there's still more than enough left over. That's the abundant mentality. That's how wealthy people think. Wealthy people aren't going, ooh, I don't want to do that. What if we don't have enough tomorrow? You got to change your mindset, man. Watch this. Okay? Number two, broke people. Work hard for their money, okay? But wealthy people have their money. You guessed it, work hard for them. This concept right here is absolutely radical in the potential that it has to change your life. Like, so many people are still in the grind of trying to trade their time for their dollars, right? They think the way to build wealth is to work harder, to work longer hours, right? But God has instituted a way to where he says, look, I've created a better way for you to make money. And that's what we're going to talk about here in just a minute. I'm trying not to jump ahead. But wealthy people, instead of them working hard for their money, guess what wealthy people do. Wealthy people get their money working hard for them. What does that mean? It means you can start using your money. If you're writing, if you're taking notes, write this down. You can't use your money like a fool. You got to use your money as a tool. Wealthy people are going to invest. Wealthy people are going to put back into their business. Wealthy people are going to invest in themselves, right? They're going to purchase coaches and mentorships and programs. They're going to level their skills up, right? They're going to get their money working for them. You're never going to be able to get ahead. You're never going to be able to become that millionaire person if you're always trying to chase that dollar. Working hard for your dollar, right? Let's go back to the board. Number three. This one is really important. Broke people, Broke people look for all the hard ways to make a little bit of money. But wealthy people look for all the easy ways. To make a lot of money. A prime example of this for me in my journey, you may or may not know, but for years, my business was stuck at like 50 to $70,000 a month. I didn't know what to do. I didn't know how to break free from that. And. And you might be by. You might be listening today, going $50,000 a month, that would be a dream. But here's the thing. Unless you have an actual business you don't understand, $50,000 a month is really not that much. When you have a staff, you have a building, you've got overhead, you've got expenses, you've got marketing, you've got taxes, you've got insurance, right? Like, really what we needed, we needed 50,000amonth, every single month, just to break even, right? This is like six years ago in my business. We needed 50,000amonth just to break even. And honestly, I didn't know how to get out of the rat race, out of the hamster wheel of let's keep trying to sell. And here's the punchline. I was selling. My core product at the time was $27. So the math is, in order for me to make $50,000 just to float my business, not even to make a profit, just to make sure we don't go under, that month, I needed to sell $1,827 products. Now, if that's not a nightmare, I don't know what is, right? Like, and I just. I was looking for all of the hard ways to make a little bit of money. Maybe we could launch a new thing. Maybe we can do this. Maybe I'll lower the price. Maybe more people will buy. And if it's 27, let's sell it for a dollar. And I literally, at times, I would put the thing on sale for a dollar. My wife was like, what the heck are you doing? Like, we're barely making it at the $27 price point. Why are you trying to sell it for a dollar, right? And I was looking for all the hard ways to make a little bit of money. But something changed. I put together a premium value offer, okay? And in my premium value offer, I decided, you know what? I'm going to sell this premium value offer for $5,000. That was the biggest number I could ever imagine at that moment, right? I want to sell for $5,000. And I was so scared. I knew that the transformation people could receive in that product. But for me, I just. I didn't know if anyone was going to buy it, right? I put that product out, my premium value offer. I put it out there. And in one day, one day, we made $400,000 in one single day. And it was at that moment that I begin to understand that it's easier to make a lot of money in a short amount of time than it is to make a little bit of money over a long period of time, okay? So that scarcity broke mentality is looking for all the hard ways to make a little bit of money. What are some ways that you can begin to think in a wealthy pattern to say, what are the easy ways that we can make a bunch of money? You got to start elevating your mindset there. Okay, here we go. Number four, broke people. Here we go. Broke people make money. With their time. This is the one I was trying not to get ahead on earlier. But wealthy people make money. With their creativity. You may have heard me talk about this before, but it's absolutely true. Okay? As long as your earning potential is connected to something that is limited, like time, okay? Or as long as your earning potential is connected to something that's limited, like your effort, like your energy, right? So now you're using your effort and your energy and your time to try to make money. Effort and energy are limited. Time is limited. So guess what else becomes limited? Your earning potential, right? But creativity. When you connect your earning potential to your creativity, which is unlimited, guess what also happens? Your earning potential now becomes unlimited. Right? This is how I am able to make money while I sleep. This is how my students are able to make money while they sleep. I. Because they're using their creativity and in our case, to create digital products where they do the work one time. And instead of in the old model of I'm using my time and my effort to try to build wealth, that's going to take you literally your whole life, right? And if you do achieve wealth using that model, you're going to be too old at the end of your life to even enjoy it. Right? But the way that my students and I are able to create wealth even while we sleep is with a digital product, you do the work one time and it pays you over and over and over and over again, right? We're. We're connecting our earning to our creativity, not to our time and effort, right? So in our case, whenever you have your earning potential connected to your creativity, now all you got to do is just come up with another creative idea and that can double up on your last creative idea. And guess what happens now? Your money doubles. And then if you want to make a little bit more money, you have another creative idea. Or in our case, we come up with another creative digital product and we stack it on top of the last one, and this thing begins to compound at levels that you could never even imagine, right? So, guys, I'm telling you, you've got to elevate your mindset when it comes to are you thinking, acting, and speaking like a broke person, or are you thinking, acting, and speaking like a wealthy person? And watch this. Okay? So with all of this being said, okay, now we're learning, okay? We've got to start thinking differently. We've got to start speaking differently. We've got to stop having broke conversations, and we need to start elevating our mindset. We want to be transformed in our finances. Then the way that that's going to happen is we have to allow God to transform us by changing the way we think when it comes to wealth, money, finances. And in our case, in this context of the training today in becoming a millionaire. Okay, so now that we have established this foundation, I want to break down three more thoughts for you because there are three different kinds of money mindsets, okay? And I want to challenge you as you begin to go through this next portion here. Which one are you in? Let's come back to the board. So there are three kinds of money mindsets, okay? The first person, this is what I call. A debtor, okay? The second kind of person is called a saver. And the third kind of person is called a wealth creator. Okay? Now how do all three of these mindsets work? A debtor is somebody who is in massive consumer debt. Now, if you didn't know, there are different kinds of debt, okay? There is good debt and then there is bad debt. I know there are camps out there that say all debt is bad. I personally don't believe that at all simply because I have some debt that is making me money. See, the difference is bad debt costs you money and good debt makes you money. In fact, almost every single wealthy person I know, almost every single millionaire that I know, myself included, we use debt to leverage and to create wealth. For instance, here's just a very simple example. Okay? So let's say bad debt, you're using credit cards or whatever to go buy like, shoes or Taco Bell or Starbucks, right? And you're putting it on credit because you don't have that money. And so you're literally, you're not just paying once for. For that consumer item. You're paying twice and sometimes even more. How are you paying twice? Well, you pay whenever you first purchase with the card, but then you pay an interest. And sometimes if you don't pay the card, if you don't get out of debt, that interest starts accumulating over and over. And you start having a negative snowball of debt that is literally costing you a ton of money, right? That's bad debt. Good debt is if I borrow, let's just use a round number. If I borrow, let's say $100,000 for my business and it's going to cost me 5% of interest, right? Maybe the loan is a 5% loan for my business, but I can use this money, I can leverage this money and I can go out and this money, I can invest it to where it's going to make me 10% or 12% or 15%. Yes. Though it costs me 5% interest, I am actually making an extra 10% or 15 or whatever. The number is profit just by leveraging. That's the difference between bad debt and good debt. Okay, now the first person in our example here, okay, they're the debtor mindset. This is a person who has crazy consumer debt, right? And all they're trying to do is just get out of debt. Man, if we could just get out of debt, it would be so amazing. Well, I have news for you. If you're taking notes, write this down or maybe you want to drop it in the comments, okay? Debt free is still zero. Think about that. Take me back here to the board. Rome, check this out. You know you're like drowning in all this consumer debt. Well finally, if you get back to debt free, guess where you're just getting. You're getting back to zero. I'm debt free. Woohoo. You know there are people on the Internet who do like a debt free scream, we're debt free. And I'm like, why are you screaming that you're at zero? Like yes, I get it. You came out of like the negative. We're debt free. Woo hoo. Like okay, welcome to zero. Right? So that's the first kind of person. That's the debt mindset. You do not want to have this kind of mindset, right? You do not want to be this kind of person who's just drowning in consumer debt that is just costing you money and in interest every single week, every single month. Right? The second kind of person, okay? This is a saver mindset. Okay, what's the saver mindset? The saver mindset is I'm going to live debt free, okay? I am going to use my job to create income so that I can stay out of debt and pay my bills, okay? And by the way, the mindsets here, the debtor mindset, they think that money is to get out of debt. The saver mindset is they believe that money is to stay out of debt, to pay bills, and then you guess it to try to save my way to wealth. Can I submit something to you? There is an industry here in the great nation of America called the Federal Reserve bank, okay? Now the Federal Reserve bank, they're not federal, they're not a reserve and they're not a bank. You and I can't go into them and make a deposit or make a withdrawal. They're just a company that what they do is they print money. They just print money. And here's the crazy part. The more money they print, yes, they're dumping more paper into the economy, but they're not printing more wealth, right? And in fact, the more money that they just keep printing and printing and printing, the more they print that money, the more the value of our dollar goes down. So guess what happens every single day that a saver is like, I'm going to save my way to wealth. Well, that was probably good in the 50s and 60s right before peeps just start printing off money like bananas. But now there's inflation and as long as your money is just sitting in a bank account just being saved there, well, I'm debt free and I pay my bills on time. That's good. Those are good. But then I'm saving my way to wealth. You're never going to be able to save your way to wealth because every day that your money sits in a savings account, it is literally declining in value. And this is a lot of where our parents generation, where they're still trying to operate at, they're still under the go to school so you can go to college, you can get a good job so that you can pay for school and stay in this cycle and work really hard for 40 or 50 years and hopefully one day if you saved enough, you'll be able to retire whenever you're 65 or 70 years old. I don't know about you, I am trying to retire when I'm 70 or 80 years old. Like we had a precious grandmother jump on one of our coaching calls the other day and she wanted to figure out how to get financially free because she was still trying to pay off her student loans. Like I know that we've all been warned about the get rich quick schemes, but how come no one ever warned us about the stay broke your whole entire life scheme, right? So here's what you don't want to be. You don't want to be a debtor, okay? You don't want to be in terrible bad Consumer debt. You don't want to just be a saver, even though that's better than being a debtor. You want to be a wealth creator. Let's talk about this, okay? Wealth creators, these are people who start businesses. These are people who create digital products that can make them money even while they sleep. These are people who are willing to look at the risk of taking on some debt for their business, right? Understanding that, okay, it might cost me 5 or 6%, but if I can use this money and go out there and turn it into 10%, then I'm actually ahead by 4 or 5%. So I'm making money by borrowing other people's money, right? And the fastest way to begin to create wealth, now that we've understood the context that we got to think different, now that we've understood the context of the difference between a broke mindset and an abundance mindset, now that we understand this, we also need to understand that if we want to get to the place of wealth as fast as humanly possible, we really should be like the wealth creator with a wealth creation mindset that says, I'm going to start a business, I'm going to create some digital assets, which in mine, in your case, those are digital products. And I am going to, when it's appropriate, I am going to look to see if I can leverage opm, which stands for other people's money, right? Or even ops, other people's stages, right? I'm going to look to see where I can leverage other people's resources. Though it would cost me a little up front, it will make me more if I use this other person's resource, if I use it wisely, right? So I don't know about you, but I don't want to be a debtor, I don't want to be a saver, I want to be a wealth creator. And all of this begins with one thought. Because if you sow a thought, you reap an action. If you sow an action, you'll reap a habit. If you sow a habit, you'll reap a character. And if you sow a character, you will reap a destiny. It all begins in the mind. We've really got to get a grip on this millionaire mindset mastery, because honestly, it's way more about becoming the millionaire than making the million.