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Develop a Mindset for Success

Skill 2: Use the Right Tools

Learning to sell and market your idea is critical. By having the right tools,
you understand the processes that others have used to create wealth, and you
use them for yourself. For specifi cs on the hands-on tools you’ll need, check
out Part IV of this book, Be the Boss: The Entrepreneur’s Path to Wealth. Most
companies are started by people who figured out how to “build a better

mousetrap.” Leverage a great idea or create your own—it doesn’t matter.
Figure out how to do a business better; that’s the path to wealth.

Skill 3: Take Action in the Present Moment

When? Right now. “Tomorrow” never comes. What you don’t do in this
moment, most likely you’ll never do at all. If you’re like most people, if you
don’t exercise in the morning, chances are you won’t as the day’s demands and
distractions mount up. That’s unfortunate, because what keeps you healthy
and on track should be the highest priority of your day, not the lowest. Do
yourself a favor and circle the word “Action” in the heading.
No risk, no goodies. Millionaires know that at times, they have to “fail
forward fast” to become wealthy. They know that not all seeds fall on fertile
soil; that’s just part of the game.
If you’ve ever played Monopoly, you know that there’s a very specifi c
strategy to winning: you buy every single property you land on. Do that, and
halfway through the game, you’ll run out of money. It looks like other people,
who have more money than you, are winning. To buy more property, you
now have to borrow against your existing properties, often reaping half their
value and paying high interest. But when everyone runs out of property,
you’re able to cash in because your properties are now income-generating
assets. By playing with that strategy, you’ll always win.
Such thoughts are common to a millionaire’s mindset. You’ll begin to
notice that paupers jump on the stock market, real estate, or business band-
wagon, when rich people are jumping off with their profits. Buy low, sell high.

Buy when everyone is selling. Leverage other people’s creativity. To become a
shepherd, do the exact opposite of what the sheep are doing.
One day, while I was scrounging in the couch for enough money to buy

macaroni and cheese, I finally said out loud, “I want a different life,” and
started controlling my pauper thoughts.

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