Posts Tagged ‘Millionaire mentor’
Predictable Millionaire™ – How many income streams do millionaires really have?
Does an average millionaire have 7 income streams? Is that true? What do the real statistics say about this? You might find this research interesting.
The reality is that majority of millionaires have 3 income streams and only 5.3% have 7 income streams.
Most millionaires are extremely focused and do not spread themselves thin with too many income streams. They develop just a few and make sure those are operating extremely well and efficiently.
As mentioned in the graphic where this might be confusing for those sharing the misinformation of 7 income streams comes from them not understanding the difference between a stream of income and a system or function of income.
Systems or functions of incomes can be:
Earned Income
Profit Income
Interest Income
Dividend Income
Capital Gain
Rental Income
Royalty Income
Naturally these are not the income streams themselves as often millionaires select only a few of these systems or functions and then build multi-income streams within them.
It should also be pointed out that most millionaires do not simply focus on creating income streams. They are looking for ways to create income streams that are automatic, leveraged or passive. (More on this later.)
Also be sure to join us on July 8, 2021 at 10am MST for a special complimentary training How to become a Predictable Millionaire™ without being a financial expert.
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Predictable Millionaire™ – Millionaire Attributes
Deferment is defined as the opposite of immediate gratification or instant gratification. Those who achieve millionaire status have master the. art of deferring what they want now for a greater financial return and security at a future time. You’ve most likely heard the saying that says, if you pay now, you get to play later.
The reality is that if you can learn deferment you not only get paid later, but you will get paid with significant interest
Did you know that there are over 50 specific attributes that self made millionaires have in common? Most of these attributes are relatively easy to prative once you are aware of them. All of these will improve the predictability of your financial future. Attributes are different than habits in the sense that an attribute is a sense of how you look at things rather than activities you are doing. What are some attributes that you have noticed and see in common among self-made Millionaires?
Also be sure to join us on July 8, 2021 at 10am MST for a special complimentary training How to become a Prdictable Millionaire™ without being a financial expert.
#millionairemindset #millionaire #predictablemillionaire #millionairementor
Predictable Millionaire™ – What is the importance of Predictability?
Here are the 3 Law of Predictable Millionaire™ I want to point out that predictable is such an important word! Predictability is what allows us to work towards a new future. Predictable is what allows us to duplicate and replicate with confidence! Predictability is the foundation of trust. Predictable is a word that was intentionally selected to describe this journey of Predictable Millionaire™.
After identifying the common patterns in a study of 700 millionaires predictability is a term that has been appropriately earned.
Here are some other important things to think about in defining the word PREDICTABLE and a list of other closely associated words to help understand what it really means:
PREDICTABLE: Able to be foretold or declared in advance: expected,
especially on the basis of previous or known behavior:
expected, familiar, habitual, routine, predominant, preponderant,common, commonplace, conventional, customary, everyday, ordinary, usual Additional associated words: predicative, predicator, predicatory, predict, predictability, predictable, prediction, predictive, predictive value, predictor, predictor
Join us for a free webinar on July 8 @ 10am MST to learn How to become a Predictable Millionaire™ without being a financial expert. Click this link to register: https://www.eventbrite.ca/…/become-a-predictable…
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