How to be Millionaire in 2020 by Rajni Sehgal (best fiction novels .TXT) 📕

There are several other skills that you might have to develop depending on your chosen path. Keeping learning and updating yourself and you will surely be firmly on your way to become a millionaire.

Chapter 3

Always be Creative

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What sets millionaires apart from the common folk? What is it that makes them produce more and more money while others remain stagnant and live from pay-check to pay-check? The answer lies in the mindset and creativity of millionaires, ability to think positively, and conjure up returns from almost nothing.

The common perception is that creativity is a trait that is whipped out by copywriters and clever marketers and is what great actors naturally possess. It is not exactly correct. When you take a small and seemingly insignificant idea and turn it around into a magnificent business empire, it is creativity too. And that is what most millionaires do – they conjure up money from sources that the common person will never dream of.

The moot point here is that you have to be creative in your thoughts, in your mindset, think out of the box and venture into areas that nobody dares to enter.

How can you cultivate this creativity factor on your way to become a millionaire?

Absorb Knowledge

The starting point of your journey will always be a small germ of an idea that will grow into a huge tree with roots running deep. For this to happen, you should have an open psyche and be receptive to new ideas which will flow in seamlessly only if you open the windows of your mind. The best way to do so is through reading about and following in the footsteps of others who have made their millions before you.

Thomas C. Corley who wrote “Change Your Habits, Change Your Life” researched the daily habits of 177

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millionaires over five years. He found that they spend at least 30 minutes every day researching for new ideas and reading the biographies of successful people, history, and self-help or personal development.

By doing so, you too can develop the creativity in you. You will learn from the experience of others who have also made it big in their line of activity and earned millions.

Imaginative thinking

Millionaires are imaginative and creative thinkers and through their thoughts, they control their future. When you are putting your money in a project, you would expect the money to grow ten times in five years and not six months. There is nothing like short term millionaires – you have to be creative about your investments, opting for a judicious mix of short and long-term returns. As international best-selling author Ernie J. Zelinski puts it, “You are already a millionaire – your creativity makes it so”.

Imaginative thinking is the key to your success. Think in isolation at least sometime every day. Brainstorm yourself on multiple things – what can I do to make money, am I happy in my job, can I get involved in any charities. The possibilities are endless.

At the end of the day, these thoughts will help you make creative decisions that will hasten your journey of being a millionaire.

Engage in Unique activities

Making money is not only about multiplying what you already have; it is also about diverting into areas that nobody has ever thought about. When you take people by surprise with an outstanding product, you will surely receive due returns. Several millionaires have dared to be creative and unconventional and have made their pile by thinking out of the box.

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Take the case of Doggles and its inventor Roni Di Lullo. In 1997, Roni got the idea to create goggles for dogs when he found them squinting in the sun. He researched thoroughly his idea and came up with a perfect anatomic construction to fit dogs’ heads and their eyes. Since then, Roni earns millions and continues to invent new things for pets.

It cannot possibly get more creative than this! You too should focus on going off the beaten path and opting for something that will be a wealth accumulator.

Be Unafraid to be Stupid

There is no standardized scheme to become rich. Even an apparently stupid idea can help make your millions while a supposedly ingenious one can fall flat on its face. The only benchmark is that it should be creative enough to capture the imagination of people.

Consider the Miracle Mop, a self-wringing plastic mop that can easily be wrung out without the user’s hand getting wet. The inventor Joy Mangano sold it at trade shows and within a year had made her first million. She has invented and patented more than 100 articles since. Nobody had ever thought of the Magic Mop before, even though everyone got their hands wet.

This is creativity and unique thoughts at its best! The problem of wringing a mop with bare hands was before everybody, only Joy Mangano had the foresight to come up with an exceptional solution and make it big in this world.

Always be creative and innovative if you have to be a millionaire.

Chapter 4

Focus on your Health & Fitness

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There might be various reasons why you would want to be a millionaire apart from satisfying the urge to stockpile wealth. Being your boss, doing something you love or even making a difference to the life of others may be on your mind. But if you want to reach that goal, there are some habits that you must adopt. Other millionaires have done so before you and their bank accounts prove that they have been successful.

Strange as it may seem, there is a lot more than simply investing wisely and having amazing business ideas to be a millionaire. And one of the most critical factors to make your first million is to be supremely fit and healthy.

Surprised? See what famous millionaires, rather billionaires have to say.

Richard Branson, serial entrepreneur - “I seriously doubt that I would have been as successful in my career (and happy in my personal life) if I hadn’t always placed importance on my health and fitness,”

Mark Zuckerberg, Facebook founder - “Staying in shape is very important. Doing anything well requires energy, and you just have a lot more energy when you’re fit. I make sure I work out at least three times a week — usually first thing when I wake up.”

Jack Dorsey, CEO, Twitter, and Square – He considers exercise a way to get the most out of his always-packed schedule. “Up at 5:00 am, meditate for 30, with seven-minute workout times. Same thing every day as it allows a steady state that enables me to be more effective.”

Convinced now that you should have a regular fitness regimen if you want to be a millionaire?

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Being healthy and fit will fortify you both physically and mentally to face the challenges that come up in your journey. It is not necessary to be a fitness freak but like Jack Dorsey, seven-minute workouts every day should help too. As Tom Corley wrote in his book “Change Your Habits, Change Your Style”, a survey of 177 self-made millionaires and their daily habits, 76% of them exercise at least 30 minutes every day. Most of them do it by getting up well before their workday starts.

Granted that exercise alone will not make you rich, there is a definite link between working out and success.

Cardiovascular Exercise increases memory and cognitive skills. This is critical to be a millionaire. Your thought process must have a high degree of clarity and only when you are very mentally alert can you take the right cutting-edge decisions. With energy levels at a peak during exercises, the body releases a natural hormone called endorphin which gives a high and will make you perform optimally throughout the day.

Even low-intensity exercises decrease fatigue by almost 65%. On your path to becoming a millionaire, you will probably spend hours at your desk or at conferences. This sedentary lifestyle can be lethal for your well-being and an alert mind. Apart from reducing fatigue, your energy levels too will get a boost with regular training. A jog in the park every day will usually be enough. Contrary to popular belief, regular workouts will not leave you tired but energized for the day.

Regular training will improve your mood. Dr. Jeremy Sibold of the University of Vermont says, "Moderate intensity aerobic exercise improves mood immediately and those improvements can last up to 12 hours. This

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goes a long way to show that even moderate aerobic exercise has the potential to mitigate the daily stress that results in your mood being disturbed." This is decisive as you need to be in the best of spirits if you have to avoid anxiety levels and go steadfastly towards your objective of being a millionaire.

Aerobic exercise is an effective tool to manage stress and anxiety. Studies have shown that regular aerobic exercise decreases levels of tension, stabilizes and elevates mood, and improves the quality of sleep. A mere five minutes of aerobic exercises stimulate anti-anxiety and anti-stress effects. Anxiety and stress are the two hurdles that up-coming millionaires have to cross and there is no better way to do so than a few minutes of workouts.

When being a millionaire is in your sights, there is no option other than to focus on your health and fitness. Only when you are supremely in shape both physically and mentally can you concentrate on the best ways to accumulate wealth. A tired mind and body will be a drag in your aim to be a millionaire.

Chapter 5

Always Ready to Take Risks

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A ship in a harbour is safe, but that is not what a ship is built for – Grace Hopper

If you talk to any millionaire you will know that they have failed a lot more than the successes they have achieved. The failure they have experienced is what has strengthened them to get their moments of success. They have absorbed information from the letdowns to know what not to do. All this is because they have dared to take calculated risks on their journey to be a millionaire.

However, a millionaire’s perception of risk is usually different from the common man. A fixed 9 to 5 job for most people is a safe proposition but for a wannabe millionaire, it might be risky as there is nothing to fall back on if there is a layoff. For the rising wealthy, along with the willingness to take risks, it is also about positioning oneself to gain the information and experience to take more calculated risks.

Generally, people become millionaires by seeing risks as an opportunity to make money. Risk-taking at the tables in Vegas is stupid but permissible when seeking opportunities where the odds are with you. It is like buying more of a well-paying investment that is temporarily down in value and not selling at a loss.

If you want to take heart on risk-taking to become a millionaire, there is no better a shining example than Bill Gates. He has taken risks that few people will ever dare to. In 1975, he took the risk of dropping out of

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Harvard to build Microsoft. In 2008, he took the risk of leaving Microsoft to work fulltime at The Bill & Melinda Gates Foundation. In 2013, the Foundation contributed $5.5 billion to eradicate polio from the world. All his bets paid off.

You might not have the courage of Bill Gates to be so bold but without gambling and placing bets on your beliefs, you are never going to make it big in the financial world.

How do you determine which risks are not worth taking and which are, especially when investing time and money into projects that do not have a guarantee of success?

This is where you have to develop yourself to be comfortable with uncertainty and build up a penchant for risk-taking. The progression of your success story can be a long-drawn-out affair. You have to keep your goal in sight but might need to make certain course corrections along the way. This could include an element of risk but you have to be unwavering in