3 Ways to Develop a Winning Mindset

3 Ways to Develop a Winning Mindset

1 min read
Philip Michael

Philip Michael is the founder of NYEG, a real estate and VC company with $80MM in the development pipeline.

Philip is the bestselling author of Real Estate Wealth Hacking: How to 10x Your Net Worth in 18 Months. He’s also an expert columnist who’s been featured on Forbes, Black Enterprise, Entrepreneur, and other media outlets.

Formerly, he was a TV/radio host on SiriusXM and Fuse. Philip’s also the founder WealthLAB and DealFLW, a free real estate investment analyzer—both of which have been recognized by Forbes.

Philip and his team are currently developing a series of historic projects, including the first black-owned high rise in Jersey City, the first smart home development in Jersey City’s McGinley Square, and the first voice-controlled student housing building in Philadelphia.

A native of Denmark, Philip came to New York in 2014 with $79 in his PayPal account. In 2015, he joined Bisnow Media (the largest commercial real estate news source in North America) and helped lead them to a $50MM sale as national editor and director of content strategy.

In 2019, NYEG launched a Venture Capital arm, which invests in minority and/or women-owned, early-stage startups.

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This shouldn’t come as a surprise, but did you know that the biggest reason for success isn’t effort or education? It’s not even talent.

It’s your mindset.

If you really think about it, some of the most famous billionaires today—from Bill Gates to Steve Jobs to Mark Zuckerberg—are college dropouts.

These billionaires, by definition, have little to no education. But each have the same thing in common: their mental approach to life and business.

So how do you develop that winning mindset? Well, here are three tips that helped me.

Related: Follow These Five Steps to Achieve Your Goals!

3 Ways to Develop a Winning Mindset

1. Set goals.

It’s so important to have goals for what you want to accomplish. Without them, you’re just sleepwalking, driving aimlessly. You’re not getting to your destination.

Set goals. Make them precise and clear, and don’t be afraid to think big. Expand your mindset and your capabilities from within.

2. Visualize the goals.

This might sound like hocus pocus, but it’s actually extremely profound. When you visualize things, you’re connecting your subconscious mind to your goals.

You’re actually rewiring yourself by doing this. Just trust me. Visualize your goals, your mindset will change, and whatever you’re visualizing will begin to come true.

3. Create a winning circle.

Surround yourself with other people who you admire (i.e., mentors, successful people). Get around people who have accomplished what you’re trying to accomplish—not up and comers like you.

Put yourself in the environment you’re striving to be in. Offer your services for free if you have to. This is a great way to take your knowledge and skills to the next level.

Get around people who are succeeding, and it will eventually rub off on you. Being in the right environment will help you become that environment very quickly.

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This shouldn't come as a surprise, but did you know that the biggest reason for success isn’t effort or education? It’s not even talent. It’s your mindset. So how do you develop a winning mindset? Here are three tips that helped me.