Zero to Multimillionaire
Date: June 2, 2015
Name: Zero to Multimillionaire
Presenter: T. Harv Eker
Many leaders do not have the right mindset to pursue the success they are after. Moreover, leaders are leading themselves to the wrong direction without even knowing it. T. Harv Eker, the author of Secrets of Millionaire Mind, will discuss his successful mindset strategies to many leaders who are looking for ways to change their financial lives in his newest webinar, Zero to Multimillionaire. This webinar will analyze and discover the right financial path that leaders have blocked over the years. In addition, T. Harv Eker will share his methods to mitigate leaders’ financial struggles.
T. Harv Eker has helped million of students to reach their financial freedom. Eker shares his secret to success to people around the world with his book, Secret of Millionaire Mind. Eker believes many people are taught with the principle of getting rich and stay in middle class; however, Eker believes people need to discard the traditional principle and focus on what it working in the current world. Eker shares a concept that if people are not doing well, it means there is something they do not know about. Rich people do the same way as other rich people. Therefore, information can make the difference and people need to learn the difference.
Eker shares 5 lessons that many rich people do in their road to financial freedom.
Lesson #1: Own your own business
Many people want to be rich, but they are following other people’s rules. In order for people to control their path, they need to be the one who are making and changing the rules. People want to be in charge and creative; therefore, they should not be bounded to get approve from others to get things done. Eker believes people need to put themselves in the position where rich is possible. Rich people put themselves in the environment of opportunities to achieve their financial freedom. Over 90% of rich people work with people who are rich.
Eker emphasizes the number 1 rule for wealth is not to put limitation in the income. When people are employed, they get paid by time, which means it is limited. It is possible to get rich from employment; unless they are great money management or investors.
People still prefer security over rich. Eker believes job and rich are not together. 80% people fail because they do not know what they are doing and they stick to it. However, rich people have the mindset that if they fail, they will proceed to new one.
“If your time is limited, your income is limited”
Lesson #2: Focus, focus, focus
Many people think if they have more business, they can be safer. Eker objects this idea because people with more business will lead to broke. The concept comes from the power of energy. It takes a massive energy to launch a business. If people diversify their energy, it will lead to failure because the energy are scatter.
Eker mentions rich people have many business because they do that after they get rich. It is important to remember that rich people do not get rich from diversify, rich people get rich from focusing on one area at a time.
Multiple Stream Income is something people should not be focusing right away. If people work too much at once, they will crash and fail. Eker believes people should think about Multiple Stream of passive income instead. People should continue earning income, but at the end, they will still need to focus on one.
“Focus, power, and then succeed”
Lesson #3: Do what you love
Many people still separate business and enjoyment as different categories. They are bounded to believe they should never go together. Therefore, people are searching for the right business. Eker believes it will not work. Passion will lead to opportunities and people will proceed it if they enjoy the process. Many people are in the business that they do not love because they are following other people’s passion.
Eker discovers enthusiasm is the greatest sales factor because it can transfer energy to other people. By doing business with passion, people tend to stay in the business longer. People are looking for exit in their current situation because they do not like what they do.
Eker wants people to think about what they do in their spare time, the topic they are looking at when they are buying magazines, and discover the natural talents they can do.
Lesson #4: You are the root of your success
Many people are in their business because it is a hot or a trend business in the economy today. However, they will discover they are not as successful as the person beside them. Eker believes perhaps it is not the business, it is their inner self.
Eker believes personal development is extremely important. It will help people to do something different. They can discover their inner belief, character, and habits. It can also see the flow and understand the true root of failure. Thoughts can lead to feeling. Feelings can lead to actions, which can lead to result.
It is necessary to make the inner change. Business growth depends on the inner self. People must take full responsibility of their actions. Eker believes the reason people are not getting rich is that people do not have rich people’s habits. Eker wants people to eliminate the unsuccessful habits and start to develop success habits. If people wants more money, they need to be better first.
“If your habits are not creating the success, it will never create success later”
Lesson #5: To get paid the best, you must be the best
Athletes get paid based on their performance. This principle applies to business and people are not aware of it. People are not doing their best to achieve their result. Rich people are good at what they are doing and they are continue to practice over and over. They learn and study from other people and they are willing to put 100% attention to their work.
It takes at least 10,000 hours of practice to master one skill. However, many people will not take what it takes to be great. They rarely question the work behind success. Eker suggests people to study, train, and practice to be the best.
Formula of Success
Eker indicates it takes the “right vehicle”, the “right knowledge”, and the “right you” to become successful. People will struggle if one element is missing. Business is a learnable skill and every master is once a disaster. People need to learn to succeed. If they are going to work hard, they might as well get rich.
“Simple is better than complicate because simple is at least usable”