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How To Develop a Money Mindset

  • Broadcast in Business



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"Until you are happy with who you are, you will never be happy with what you have." - Zig Ziglar

He argues that an active, inquisitive mind is a hallmark of the successful entrepreneur. The most successful entrepreneurs in history, he says, had this sort of mind.

  • Thomas Edison: He was a "virtual thinking machine. Almost until the day he died, his mind poured forth a torrent of ideas, and he might track as many as 60 experiments at a time in his laboratory."
  • Steve Jobs: He bombarded people with his ideas - his investors, his board of directors, his customers, his subordinates, and his CEO.
  • Henry Ford: "He threw himself into every detail, insisting on getting small things absolutely right... But he never lost sight of the ultimate, overall objection. He had a vision of what his new car (the Model T) should look like. From all the improvisation, hard thought, and hard work came a machine that was at once the simplest and the most sophisticated automobile built to date anywhere in the world."

To get started, here are some observations I've made from studying my two friends and from reading about great wealth builders like Jobs and Edison and Ford.

Most importantly, a person with a multimillionaire's mind likes living like a multimillionaire. He doesn't shortchange himself when it comes to comfort and luxury. Rather than believing always that pain leads to gain, he thinks, "If I'm smart I can have my cake and eat it too.

People who should listen to this show are entrepreneurs