The odds that you will become financially successful are one in 19. Go for it.
“Making money is a basic skill. It takes knowledge and practice to master, but since hundreds of thousands, and even millions, of men and women have learned how to make money over the years, it is obviously a learnable skill.”
“You, too, can become wealthy over the course of your working lifetime.”
Wealthy people possess prosperity consciousness, that is, they have perspectives and habits that help make them rich.
“You must become a financial success in your thinking long before you achieve it in your reality.”
“Until you move out of your comfort zone and make the mistakes that give you the experience you need to succeed, it is not possible for you to grow and become capable of earning the kind of money you desire.”
Developing that prosperity consciousness is the first step to financial independence.
“First, make a decision to be the best at what you do. Pay any price. Make any sacrifice. Go any distance to become excellent in your field.”
Becoming rich depends on shaping the right habits and taking the correct steps over and over again. It is no accident.
“Self-mastery is hard at first, but with practice you can reach the point where you can keep your thinking on your goals and desires most of the time.”
People who attain excellence (and money) have a “result orientation.” That is, they focus on behavior that gets the outcome they desire, and they don’t get distracted.
“The wealthy are not very different from you and me. They have simply used more of their God-given talents and done things in a different way from the majority.”
Choose one of the five specific, time-proven paths to getting rich: entrepreneurship, working your way up, investing well, becoming a professional or being a salesperson.
“Only one person in 100 becomes wealthy in the course of their lifetimes. Only 5% achieve financial independence, in that they have enough money to support their lifestyles without ever having to work again. This means that the odds against you ending your financial life successfully are 19 to 1.”
A good work ethic and good work habits are essential ingredients to prosperity.
“Wealth is cash flow from other sources. You may earn a lot of money, but you are wealthy only when your money works for you.”
Anyone who saves $100 a month from age 21 to age 65, and invests the money to earn 10% interest, will be worth more than $1 million upon retirement.
“The good news is that focus and concentration are learnable skills. They are habits you can develop with willpower and practice.”
Guard your integrity and become a person others can trust.
“It is only when you can get your finances under control at a low level that you demonstrate that you have the ability to manage and grow your money at a higher level. You have to walk before you run.”
Become a “no limits” person. Don’t listen to those who tell you what you cannot do.
“The starting point of all financial success is for you to develop a prosperity consciousness. Think of yourself as a wealthy person in training, as a work in progress.”
Chairman and CEO of Brian Tracy International, is a trainer, consultant, motivator, and author of the best-selling Create Your Own Future, among many other books. He addresses up to 450,000 people a year.