Five Tips to Create a Millionaire Mindset and Build a Successful Real

One question I hear often is how to create a millionaire mindset. This buzz term is more than just a trend. It’s a key to long-term success in real estate investing. When talking about a millionaire mindset, I find investors are asking the wrong question. The first question to ask when you decide you want to shift your thinking to a millionaire mindset is:

"What do I need to change to think like the wealthy so that I can create my own millionaire lifestyle?"

How I Developed a Millionaire Mindset

For over 30 years in real estate, I’ve encountered all kinds of people in the industry. This includes people who wish they could have a successful real estate business and people who have achieved great success in real estate.

I’ve seen a clear difference in outcomes based on the mindset of the investor. The investors who truly live the lifestyle that a successful real estate investing business can create, including wealth, freedom and the finer things in life, make their goals come true. While investors who stay in their familiar comfort zones don’t make the shift to a millionaire mindset and limit their full potential.

From the beginning of my career in real estate, I was fortunate to be around other people in the business who truly lived the lifestyle that real estate can allow. These individuals had an important impact on how I built my real estate business and my life. This led to the development of my own millionaire mindset.

Over the years, my success in real estate tied back to my mindset. This not only helped create confidence in myself but also projected confidence to others. This confidence translated into more opportunities for success.

How to Develop Your Own Millionaire Mindset

“It doesn’t matter where you started. It matters where you finish.” This is one of my favorite sayings because it captures the core tenant of the millionaire mindset. It does not matter what has happened so far in your life to delay or distract you from reaching your goals. Moving forward, you can put the past behind you and create the life you want. First, you need to shift your thinking and actions to reflect where you want your life to go.

Here are my top five things you can do now, starting today, to impact your life and your future. These things lead you to develop the millionaire mindset.

1. Creative Visualization – As children, we aren’t scared to daydream. We allow our minds to wonder into endless possibilities for our future. Being a pro athlete, superhero or movie star feels possible. We could dream of what we wanted our lives to look like without limits.

To achieve the millionaire mindset, use creative visualization. Tap into your childlike ability to daydream. Think about the people you want in your life, where you want to travel, what you want your home to look like and the kind of success you want to achieve. Then, super charge your visualizations with feelings, colors and touch. This process impacts your subconscious to believe this is your reality.

2. Believe and Expect – Once you have created the vision of your ideal life, let yourself believe it and expect it. Think about when you place an order online. Once you place the order and you receive the delivery confirmation for two days, you believe and expect the package to arrive in two days. You don’t worry about it. You don’t stress over it. You know it will be there at your door in two days. The same works for realizing your dreams. Create a mindset of expectation for success.

3. Follow Your Instincts – Real estate is a relationship business, and relationships depend on tapping into your inner most feelings. Learn to trust your gut feelings. Once you open yourself to the possibilities, create a vision of your ideal life, believe and expect it, then it is time to act.

If you want a career in real estate investing, focus on building a rewarding and fulfilling real estate business. Don’t follow the path of others. Instead, pave your own path to meet your goals. This starts with pursuing deals that feel right for you. You can have it all, but you must believe, expect and learn to follow your instincts.

4. Focus and Consistency – Make your thoughts and actions one with your purpose. You trust the outcomes because you believe in your success. Don’t allow distractions from your goals or your dream lifestyle. Develop a tenacious mentality where you don’t give up until you achieve results. Do with by creating a plan and consistently following that plan. Forge relationships with people who support your goals. This focus and consistency will drive results.

5. No Excuses – It’s time to take responsibility for your life. The truth is that where you are today is the result of what you have created so far. You create your destiny. If you want a different result, develop new habits and thoughts. Don’t give yourself room for excuses. Yes, life throws curve balls. But, you decide how you react and move forward. You can either create excuses or you can create opportunities. The choice is yours.

Build the Life of Your Dreams

Your life’s path is up to you. Develop a millionaire mindset and shift your life in the new year. Make smart changes today. Start with the five tips outlined above to begin to develop your millionaire mindset. You will see magic unfold right in front of you. Then, you can truly live the lifestyle you deserve.