Tips for Tapping into a ‘Wealth’ Mindset
The Importance of New Years’ Resolutions
December 3, 2019
The ‘wealth’ mindset can be important for entrepreneurs and business owners who want to increase their profits and grow their company. However, a fixation on scarcity, or guilt over the desire to make money, can hinder your ability to achieve this.
5 Top Tips for Tapping into Prosperity
To help you tap into the right mental space, Jacques Sassin compiled some of the best tips for instilling a ‘wealth’ mindset in you and your company. Keep reading the blog as we reveal them to you now.
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Tip #1: See Your Wealth as a Result of Your Decisions
If you are wondering how to have a wealth mindset, rather than blame the state of your wealth on exterior factors, such as a lack of audience or the bad economy, you should focus on how your individual actions have changed your ability to make money.
You cannot change the exterior factors that affect your wealth. However, by acknowledging the decisions that you have made around money, you will be able to highlight any issues, fix any mistakes you have made in the past, and make a viable plan about how you can make money in the future.
Tip #2: Find Your Financial Set Point
Financial setpoints name the point at which you make a change to the way that you handle money, after a period of sameness. For instance, this is the time that you will take action if you begin to lose money or gain money, such as changing your buying habits. However, by changing your mindset so that you can make change without these setpoints and indicators, you will be able to drive yourself to a further amount of wealth and avoid complacency.
Tip #3: Reinvent How You Perceive Wealth
If you want to be a millionaire, the most important thing that you can do is change how you perceive and react to wealth. Instead of believing that it is important not to care how rich you are, or feeling guilty for caring about money, you should take steps to feel comfortable about making money.
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You should change negative thoughts into positive ones that instead focus on the fact that you are making money to increase the success of your business, give you and your family a better life, or doing what you can to support yourself.
Tip #4: Constantly Set Wealth-Based Targets
The biggest driver of growth is your ability to set actionable goals that you can put into practice in order to increase your wealth. Having targets to work towards can motivate you and your company to achieve greater success and encourage you to work harder towards the wealth that you desire. This also means that you will be able to congratulate yourself and feel a sense of achievement when you reach certain points towards your final target.
Tip #5: Do Not Compare Wealth
Your wealth should not be compared against other people’s wealth, as this can be an extremely damaging way of perceiving the amount of money that you and your business is making. Comparisons can leave you feeling dejected and restless, which is counterproductive to the goals that you wish to achieve.
Instead, you should focus on your own personal goals, which will ensure that you take practical steps to increase your wealth.
Stay on Course in 2020 with Jacques Sassin
To discover more ways to change your business mindset, contact Jacques Sassin or attend one of our events to realize your potential as an entrepreneur.
