So you’ve taken the first step and decided you want to make a million dollars. But one thing is certain, it’s not going to happen overnight. In fact its gonna take many many years for most people. And this where practically everyone fails. They give up right away. If you want to succeed you need to do what everybody else is to lazy to do.
So how do you stay in it for the long haul. Here are my top tips for staying motivated on your journey to making a million dollars:
Keep a Journal
For the past few years I’ve kept a journal and it’s had an incredibly positive impact on my life. It started when I was reading about successful creative people and entrepreneurs throughout history. What many of them had in common was they kept a journal. They weren’t afraid to evaluate their lives.
You too can keep a journal. It’s best to keep a daily journal as this will create a good habit. A weekly journal isn’t often enough and you’ll end up forgetting you even kept one. Keep track of the things you did right, the mistakes you made, and what you want to do next.
Keep a Weekly log of your Financial Situation
You might have a budget or automatically track you finances. And this is great, but it helps to keep a weekly log of your net worth too. I use a plain old spreadsheet which lists all my accounts and investments. It’s a nice ritual to see if I’ve gotten ahead this week or if I’ve been spending too much.
Most people don’t have any idea what their financial situation is actually like. Be different any know your finances!
Keep investing and saving – even when it’s tough
You’re going to experiences times on your journey when everything seems really difficult. These are the times that make or break potential millionaires. Show courage by investing and saving even when you’re experiencing tough times.
Hang around with like minded individuals
The fastest way to lose focus and completely forget about your goals is hanging around people who just want to bring you down to their level. They may be having a hard life, and all they want to do is make sure everyone else is sharing the same experience.
My life changed when I started hanging around people who were driven, had goals and wanted to succeed. We talk about our business ventures, how much we’re making, how much we’re spending etc. It’s such a relief to be able to share this journey with other people.
So they are my four tips for staying motivated. What are yours? Leave them in the comments.