As the guy who coined the term “millionaire writing habits,” and is a millionaire (just threw up in my mouth writing that), I’ve mastered this mindset to be able to teach others about it.
A radical definition of what money is
Let’s first address the monetary aspect of the https://www.pizzabrothersofnorwalk.com/ millionaire mindset.
People who have this mindset think differently about money. They see the idea of selling their time in return for a salary as a short-term measure or a way to start one’s career.
But they’ve learned this isn’t scalable or sustainable.
It’s not about attacking jobs and employers and calling people wage slaves. It’s about understanding that selling time has limited upside, and that time is always working against you.
Every year inflation devalues currency (aka money). And every year most employers don’t raise salaries, and even if they do it’s not by more than the devaluation of government currency.
So if you sell time and work for a salary then you’ll be forced to work harder over the decades for less money. It’s like a hamster wheel.
A focus on freedom instead of chimpanzee status
Like I said, much of the millionaire mindset has nothing to do with money.
Chasing money to become a millionaire and obtain status is what chimps do in the zoo and we’re not here for that.
The millionaire mindset is a framework or a mental model. It’s a way to think, which guides every decision you make.
The term “millionaire” in this context just means you are a free individual that does whatever they want. You get to choose the work you do and it doesn’t feel like work.
The bottom line is you probably won’t figure this way of life out by yourself. Get around people who’ve already figured it out. Take them out to lunch. Join their Discords. Just don’t sit there in despair.
Funnily enough, the time you’ll need this millionaire network the most is when hard times arrive — and they will because this way of life involves risks, and one of them will blow up in ya pretty face.
Not worrying about judgment
The millionaire mindset could also be described in one sentence: “I don’t give a f*ck what people think.”
That’s a hard red pill for many of you to swallow. We spend our lifetime trying to avoid judgment and people pleasing our way into a corner that let’s others manipulate and exploit us.
When you stop worrying what others think, you can do big things.
No one is really paying attention to all your daily adventures and mishaps. Just build a bridge and get over it. You do you unapologetically.
An “appreciating asset” investment philosophy
Assets make or break one’s freedom.
Many of us buy what we think are assets and have our financial energy drained — cars, boats, homes to live in.
The millionaire mindset focuses on buying assets that go up in value over time, not straight down (like a BMW that crashes in price 5% as soon as you drive out of the showroom, and halves in value every 5 years).
Once you know what assets to buy the places to invest become obvious — stocks, certain artwork, gold/silver, investment properties, BTC/ETH, etc.
There’s zero pessimism
I’ve never met someone who has the millionaire mindset & is pessimistic.
Optimism is at the center of this way of life. Even if you don’t have evidence that things will work out, you simply believe that whatever outcome occurs will be the right one.
Habits backed by systems
The self-improvement world loves to get h0rny about goals, vision, and purpose. None of this is going to help you. These are mostly fantasies.
The millionaire mindset is built on a foundation of James-Clear-Habits. The difference is these habits aren’t forced.
They’re driven by obsession that feels effortless. And these habits are backed by systems to make sure they happen, and to build leverage so other people can assist later.
The results from these habits then provide data. This data then helps us make data-backed decisions to remove guesswork and woo-woo follow your destiny, child.
5 year, 10 year, and forever goals
The goals aren’t short-term either.
Millionaires don’t play the money game to get rich in 30 days. They have a long term mindset and are patient. They typically set 5 or 10 year goals. And the ones that become insanely wealthy dare to play forever games.
Don’t play lottery life games or engage in luck
Many life games are the lottery in disguise.
Here’s an example: a reader told me to submit this article to a certain publication. If I do it then I have to wait to hear back. Maybe they will choose me. Maybe they’ll give me a front-page feature. Or maybe they’ll ghost me.