"Most self-made millionaires organize their financial goals and financial lives in such a way that their net worth increases about 8-10% per year; they set financial goals and they don't search for get-rich-quick schemes or easy money... they don't speculate, they don't take risks, and they don't look for fast ways to make money quickly and easily because there aren't any" ....Truth bomb right there.
In this context, I think he means it's important to only take well-measured risks. Ask Mark Cuban if a risk like taking out a big loan is a good risk on the path to becoming a self-made millionaire! He's major against that, too. Those types of risks do more harm than good.
This is awesome truth! Heavily influence by one of my favorites, Earl Nightingale. We become what we think about most of the time and we can decide that as easily as we decide to focus on unhelpful things and poor thoughts. "Being poor is a mindset, being broke is just temporary."
5 to 6yrs ag9 ive been watching thianand dreaming to have my dreams house now i have it thank you for inspiring us all God Bless you and your family always
7 лет назад+7
Life tends to be what we give power over us. In my case because am black racism runs rampant thru America.. However since I don't give it power it has no power over me FOCUS on your goals the haters will always hate but it will not and has not stop me from becoming well off ya dig !!
Really enjoyed this Brian. The common sense approach of steady growth vs get rich qick schemes. I'm 52 and should have about 1.2m in stock holdings in the next 6 years by following the advice of sure and steady. My main concern though is that its all wrapped up in a 401k and if the market doesn't perform/underperforms then I won't reach my target
Dude, you cannot do that, you can't put your money in a 401k and wait for the price to go up, that's gambling. I reccomend to you to put your money out of that hell and take complete control of your money and savings, you can do that by investing in yourself first, your education is more important than anything else. You can also search for an autor called "Robert Kiyosaki" and check out his philosofies, I'm 100,000% shure that if you invest time and dedication to your financial education, you will achieve anything you want.
Jason James Will do.. i know the stock market is basically such a rocky foundation to base my future on.. used to think real estate was the answer.. I think the whole financial crisis really highlighted how fragile some of our structures are
i really like this guy, he has helped me ahcieve financial freedom, not a millionaire but im on £45k a year from my own internewt business, one thing i disagree with tho is that there isnt any get rich quick schemes that work, there are plenty if you know where to look and how to use your brain and how to use our brian
Ok I accidently bumped up on this term 'financial independence' after I lost my license for the only job I knew all my life! Man.. All I heard till my 28yrs was not lie.. How to love and work and receive your pay check no matter how much you hate your job!
Not much people talk about the pain they go through, when the stakes are high as hell and the uncertainty and lose fuels a lot of anxiety and depression. How about paranoia? Is like you are in pain most of 24/7. This until you learn to let go of the matrix. Than you will start to enjoy life and become powerful yourself! I wonder, does it worths to become a millionaire?
8 лет назад+10
I was at that cross road an NOW 3 years away from 100.000 and 5 from 150,000 if you want a great life change your suck ass attitude. The money will come IF you change the way think about money Every thing MR. Tracy says its 100% true And it literally not about money its more about the journey DISCIPLINE IS THE KEY TO LIFE ...
Amen William....and write down your goals!!! I made $40000 2 years ago...this year I'm going to make about $80000 without much more effort other than having clear and defined goals. The rest takes care of itself.
I'd say that luck CAN factor into it, but it is to be ignored because it's not an option. It's just luck. You COULD win in the lottery or for some reason your idea, product etc. just booms all of a sudden because you were in the right place at the right time. But you can not control either of those, so it's best to just ignore them. If it happens, good. But if not, that's what is to be expected. You don't lose anything if you don't get lucky because you never had it in the first place.
Generally, I really like Tracy's presentations. I would like to point out that stating first that a) there's no such thing as making money quickly and then b) noting that Broadway producer Mike Todd went from broke to millions "in a few months" is a bit at odds with this. Tracy notes that self-made millionaires don't take risks, but for Todd to have gone from broke to millionaire in a few months would have entailed pretty substantial risk, unless there is some kind of investment vehicle I don't know about.
@@marcelluswallace4076 I do. I wish he was my mentor in person tho. Its a hundred times more powerful this way. I could dedicate my whole life studying and learning from him. But I'll do it anyway.
Brian and other subscribers, it is important to check the sources cited for the sake of accuracy and credibility. There is no record of the great man asserting compounding as the greatest invention of mankind.
This is great info and biblical. As a man thinketh in his heart so is he. Wow! Application! Thinking about prosperity and abundance ! Financial independence is our goal! :)
Never knew cryptocurrency could be so challenging! Kept losing my trades and running back here on RUclips videos to learn more about all this video but is not helpful. I need help
@Pierre Dubois Well First thing to do is to stop trading for yourself and seek the help of an expert to mentor you on trades. A lot of people shy away from this thinking they could do it all on their own and end up blowing up their account.
Mon livre est terminé mais je veux un travail rigoureux dont je dois le perfectionner avant de le taper sûr l ordinateur grâce à vous et à vos conseils indispensables pronfonde gratitude merci ❤❤❤
எவ்வளவுதான் கண்ணீர் கதை ? சிரிப்புக் கதை இது...!?! சமார் நான்கு மாதம் முன்பு இங்கு வந்திருந்தேன். எனது உடல்நிலை வானிலை அறிவிப்பு மாதிரி. நடந்து போனால் துவக்கத்தில் ஸலோவாக நடக்க முடியும். போகப் போக ரயில் மாதிரி . வேகம்...வேகம். வேகமாக நடக்கும் போது நடை தள்ளாடும். ஓரளவுக்கு. கார் ஹேண்ட் பிரேக் ரிலீஸ் பண்ண மறந்துட்டமாதிரி. அப்படி நடந்து வந்த போது. திடீரென்று ஓரூ காரிலிருந்து இறங்கினார் ஓருவர் என் முன்னே நின்றார். "ஏன்டா நான் தூரத்திலிருந்து பார்கிறேன். பொம்பளைங்க மேல் மோதுற மாதிரியே நடந்து வர்ரியே. "" என்று கூறிக் கொண்டே முதுகில் ஒரு அடி வைத்தார். நான் அதிர்ந்தபடியே அங்கிருந்து வேகமாக நடை எடுத்தேன்.
So many millionaires just become collectors greedy and not helping others. Building treasure in heaven is more useful doing good helpful things. If you use money for this pupose rather than just aquiring materialsitic things I think you are on to a winner. Studies of millionaries show some interesting traits like they buy quality shoes and repair them rather than buy a new pair. They buy in older mores established above average streets rather than new housing estates. They holiday approx once every two years. From what I remember , there are some good books out there like The Millionaire Mind by Thomas J. Stanley. Millionaires are generally thrifty rather than overspenders. The term millionaire must be close now to being replaced with billionaire as an achievement of wealth.
Hello Manish. Here are the details for these 6 exercises which will bring clarity to your life and help you figure out how to become a millionaire and achieve financial independence: bit.ly/2Yuptb0
Was marooned with car broken down and refuse to accept help from anyone other than triple a or other services (no family help). Got out of it and weirdly saw a license plate that said self made that morning
Mr Brian don't be surprised when you find out that you were broke at 35 by the very people that made you a millionaire.....best advice you can give to people is to find a good job, be moral and stay away greed.
Hi . I was wondering is IT possible to become rich in every business or some business are maybe easier than others. I am in the Beauty Bussiness selling face care products and treatments and was wondering IF there is any hopp in that :) Thanks and very interested Videos . Do you recommend to get a mentor ??? Thanks :)
+Emma Durakovic im gonna keep it real with you networking and marketing should be your primary focus when it comes to building a buisness a good product is worthless without any marketing so start networking with people i dont wanna say i'm a millionare but i have the mindset for becoming one. you can get rich in any buisness but yes some are easier than others on diffrent factors the ammount of money you need to invest ammount of products/services you need to sell and how the supply and demand chain works in that buisness and last but not least competion hope that helped.
Da az imam pone 12-13 negovi i go slusham kato varvq ili treniram.No reshish che samo sas slushane ne stava -toi kazva tolkova useful stuff che trqbva i action.Az reshish da go izuchavam.
Marieta Miteva E da kolkoto i da ni govorqt, samo nie mojem da si pomognem.. Trqbva iniciativa Kakto kazva toi, az i za tova go slusham, trqbva 4ovek da se programira za uspeh.. shtoto samo s gluposti ni pulnqt glavite :D
+Mariana Valadez interesting points ,if anyone else wants to discover secret of millionaire mind ebook try Renkarter Millionaire Brain Report (should be on google have a look ) ? Ive heard some amazing things about it and my mate got cool success with it.
When he says your first million does he mean like worth a million like with your business and stuff or does he mean like there's 7 digits in your bank account
4:56 I don't agree with that statement at all ! Seriously who wants to be a millionaire when they'll be old and die the richest in the cimetery. Wealth and money is made to enjoy it, to spend it and realize your dreams and goals with it while you still have energy. Grant Cardone wouldn't agree with that at all ! I think we should be careful about who we listen to, who we take advice from. Grant is worth over $500 millions and made it in business and real estate while Brian probably only made it from his teachings. It is my belief that not a single billionaire on this planet got rich slowly, by being patient and waiting decades. Some people become millionaire in the matter of 2 to 5 years.
Yes, he also wrote that there are better tennis players in the world than (don't remenber name) and better singers than (can't remember either) but they never get the chance to realize their potential.
![How To Turn Your Yearly Income Into Your Monthly Income - Bob Proctor [ The Law of Compensation ]](http://i.ytimg.com/vi/IHlXgCaJvR4/mqdefault.jpg)
"Most self-made millionaires organize their financial goals and financial lives in such a way that their net worth increases about 8-10% per year; they set financial goals and they don't search for get-rich-quick schemes or easy money... they don't speculate, they don't take risks, and they don't look for fast ways to make money quickly and easily because there aren't any" ....Truth bomb right there.
He didn't say anything about not taking risks. How do you expect to make money if you can't take risks and get out of your comfort zone.
Um. yes he did. I was merely quoting him. Check 04:31
In this context, I think he means it's important to only take well-measured risks. Ask Mark Cuban if a risk like taking out a big loan is a good risk on the path to becoming a self-made millionaire! He's major against that, too. Those types of risks do more harm than good.
I agree!
I have spent months studying how to become wealthy and successful and found a great website at Magic Progress Shortcut (check it out on google)
This is awesome truth!
Heavily influence by one of my favorites, Earl Nightingale.
We become what we think about most of the time and we can decide that as easily as we decide to focus on unhelpful things and poor thoughts.
"Being poor is a mindset, being broke is just temporary."
Thank you Brian Tracy this video and videos that your are uploading everyday are creative,awesome,learnable and cool thank you for uploading videos.
"Yo become what you think about most of the time" ... I think about nothing in particular; so I became nothing in particular - it really does work!!
I like the quote; "I'm not poor, I'm broke; and broke is temporary". Yeah; once you aquire the SKILL-SET, you're set for life.
@@claytosrepublic7858 when broke ..go for broke!
in all reality, you. think 12,000-60,000 thoughts per day. 90% of them being the same thing every day. its ridiculous right?
I love Brian Tracy and I love all his books..
Amy Alonto He’s a real inspiration
I love Amy.
great advice! I always dream about becoming successful in life and the only key solution this matter is proper education.
This Man is a Prophet !
5 to 6yrs ag9 ive been watching thianand dreaming to have my dreams house now i have it thank you for inspiring us all God Bless you and your family always
Life tends to be what we give power over us. In my case because am black racism runs rampant thru America.. However since I don't give it power it has no power over me FOCUS on your goals the haters will always hate but it will not and has not stop me from becoming well off ya dig !!
I'm a millionaire now, thanks Brian!
The way you describe , I can't move my eyes from screen. Thanks a lot for making life's better.
Thank you sir!!! Let me start getting my first million today.
Really enjoyed this Brian. The common sense approach of steady growth vs get rich qick schemes. I'm 52 and should have about 1.2m in stock holdings in the next 6 years by following the advice of sure and steady. My main concern though is that its all wrapped up in a 401k and if the market doesn't perform/underperforms then I won't reach my target
Dude, you cannot do that, you can't put your money in a 401k and wait for the price to go up, that's gambling. I reccomend to you to put your money out of that hell and take complete control of your money and savings, you can do that by investing in yourself first, your education is more important than anything else. You can also search for an autor called "Robert Kiyosaki" and check out his philosofies, I'm 100,000% shure that if you invest time and dedication to your financial education, you will achieve anything you want.
excellent advice!! i'll look him up!! My job has my money going to a 401k but if I can send it somewhere else more stable that would be great!
I'm glad I could help you =)
.
Jason James
Will do.. i know the stock market is basically such a rocky foundation to base my future on.. used to think real estate was the answer.. I think the whole financial crisis really highlighted how fragile some of our structures are
i really like this guy, he has helped me ahcieve financial freedom, not a millionaire but im on £45k a year from my own internewt business, one thing i disagree with tho is that there isnt any get rich quick schemes that work, there are plenty if you know where to look and how to use your brain and how to use our brian
Dear sir, please talk about passive income sources
TheMobileShots Real Estate. I can teach you.
@@realestatecoach8626 teach me.
This is bull crap
@@realestatecoach8626 How?
Ok I accidently bumped up on this term 'financial independence' after I lost my license for the only job I knew all my life! Man.. All I heard till my 28yrs was not lie.. How to love and work and receive your pay check no matter how much you hate your job!
Every sentence is gold
Thank You Sir....!!!
You bring me on right track....
Your every word remind me the mistakes I made in past.
I got right path now.
Thanks a lot.......
Thank you so much Brian Tracy for this video ❤🌟
Not much people talk about the pain they go through, when the stakes are high as hell and the uncertainty and lose fuels a lot of anxiety and depression. How about paranoia? Is like you are in pain most of 24/7. This until you learn to let go of the matrix. Than you will start to enjoy life and become powerful yourself! I wonder, does it worths to become a millionaire?
I was at that cross road an NOW 3 years away from 100.000 and 5 from 150,000 if you want a great life change your suck ass attitude. The money will come IF you change the way think about money Every thing MR. Tracy says its 100% true And it literally not about money its more about the journey DISCIPLINE IS THE KEY TO LIFE ...
william carter
Amen William....and write down your goals!!! I made $40000 2 years ago...this year I'm going to make about $80000 without much more effort other than having clear and defined goals. The rest takes care of itself.
congrats. stay positive...it gets easier the closer you get !
This piece of advise is truly inspirational
I'd say that luck CAN factor into it, but it is to be ignored because it's not an option. It's just luck. You COULD win in the lottery or for some reason your idea, product etc. just booms all of a sudden because you were in the right place at the right time. But you can not control either of those, so it's best to just ignore them. If it happens, good. But if not, that's what is to be expected. You don't lose anything if you don't get lucky because you never had it in the first place.
Great comment
Thank you Brian. I have changed my thinking to prosperity and financial independence. I will make the sacrifices to help me attain my financial goals.
Thanks Brian I will change my course of life.
How is your life now Ernesto?
so good I watch this over and over again
whatever you focus , expands.
Generally, I really like Tracy's presentations. I would like to point out that stating first that a) there's no such thing as making money quickly and then b) noting that Broadway producer Mike Todd went from broke to millions "in a few months" is a bit at odds with this. Tracy notes that self-made millionaires don't take risks, but for Todd to have gone from broke to millionaire in a few months would have entailed pretty substantial risk, unless there is some kind of investment vehicle I don't know about.
Your best video yet. Thanks.
Great as always. I wish this man could be my mentor.
He can be. Watch his videos, read his books, ect.
@@marcelluswallace4076 I do. I wish he was my mentor in person tho. Its a hundred times more powerful this way. I could dedicate my whole life studying and learning from him. But I'll do it anyway.
Great video! Very helpful!
2017 is definitely my year!
me too
PhantomDrawing Definitely my year too.
Luck is a very real factor
I love and follow Tracy advice please keep it up sir
"If you don't you don't" lol
i caught that too...haha
👍😂🤣
Lol
Brian and other subscribers, it is important to check the sources cited for the sake of accuracy and credibility. There is no record of the great man asserting compounding as the greatest invention of mankind.
Einstein said compound interest is the 8th wonder of the world
This is great info and biblical. As a man thinketh in his heart so is he. Wow! Application! Thinking about prosperity and abundance ! Financial independence is our goal! :)
Great Video. Thanks you Brain for sharing such important thing with us.
Thanks for this video.
Thank you very much. Your video was very inspiring and you put out very good advice.
I like this guy.
Wow! a very good video which doesn't ask you to like it or subscribe! God bless you sir!
Thank you Brian, some great advice here!
Never knew cryptocurrency could be so challenging! Kept losing my trades and running back here on RUclips videos to learn more about all this video but is not helpful. I need help
Sadly these are one of the changes in cryptocurrency profit is not always assured..
@Ben Cox Not everyone has the patience and persistence to grow account. Some may end up blowing up their account.
I thought of investing in cryptocurrency in few months ago but I was discouraged by my friends.
@Pierre Dubois Well First thing to do is to stop trading for yourself and seek the help of an expert to mentor you on trades. A lot of people shy away from this thinking they could do it all on their own and end up blowing up their account.
This man must be exceptional for you guys to talk this good about him.
Thank you dear brian
You are a great trainer sir !
Mon livre est terminé mais je veux un travail rigoureux dont je dois le perfectionner avant de le taper sûr l ordinateur grâce à vous et à vos conseils indispensables pronfonde gratitude merci ❤❤❤
Dear Brian, thanks so much.b
Very well said.
Best video. Thanks brian.
I love this guy
Awesome Video Brian!!!! Many Thanks!!!
எவ்வளவுதான் கண்ணீர் கதை ?
சிரிப்புக் கதை இது...!?!
சமார் நான்கு மாதம் முன்பு இங்கு வந்திருந்தேன். எனது உடல்நிலை வானிலை அறிவிப்பு மாதிரி. நடந்து போனால் துவக்கத்தில் ஸலோவாக நடக்க முடியும். போகப் போக ரயில் மாதிரி . வேகம்...வேகம்.
வேகமாக நடக்கும் போது நடை தள்ளாடும். ஓரளவுக்கு. கார் ஹேண்ட் பிரேக் ரிலீஸ் பண்ண மறந்துட்டமாதிரி.
அப்படி நடந்து வந்த போது. திடீரென்று ஓரூ காரிலிருந்து இறங்கினார் ஓருவர் என் முன்னே நின்றார்.
"ஏன்டா நான் தூரத்திலிருந்து பார்கிறேன். பொம்பளைங்க மேல் மோதுற மாதிரியே நடந்து வர்ரியே. "" என்று கூறிக் கொண்டே முதுகில் ஒரு அடி வைத்தார்.
நான் அதிர்ந்தபடியே அங்கிருந்து வேகமாக நடை எடுத்தேன்.
thankyou for the advice
So many millionaires just become collectors greedy and not helping others. Building treasure in heaven is more useful doing good helpful things. If you use money for this pupose rather than just aquiring materialsitic things I think you are on to a winner.
Studies of millionaries show some interesting traits like they buy quality shoes and repair them rather than buy a new pair. They buy in older mores established above average streets rather than new housing estates. They holiday approx once every two years. From what I remember , there are some good books out there like The Millionaire Mind by Thomas J. Stanley. Millionaires are generally thrifty rather than overspenders. The term millionaire must be close now to being replaced with billionaire as an achievement of wealth.
Thank you
Thank you so much
Wow!! Thanks for sharing my mentor!!
Thank you Mr Tracy... sound advice.
Thank you that was very informative.
Thank you so much for making this Video
Pasha Bhai
Pasha Bhai
Thank you very much sir !
Really great stuff!
WONDERFUL, VERY GENTLE TEACHING 👍
What quality should a person have to be millionaire
Hello Manish. Here are the details for these 6 exercises which will bring clarity to your life and help you figure out how to become a millionaire and achieve financial independence: bit.ly/2Yuptb0
Was marooned with car broken down and refuse to accept help from anyone other than triple a or other services (no family help). Got out of it and weirdly saw a license plate that said self made that morning
enough is never enough " Chrris Dawson"
Can I become a millionaire doing sales and what industries are most likely to get me there?
Any, it depends on how good you are.
Thanks
brain Tracy
I Love it !!!
Thank you Sir
YOU ARE THE BEST🚩🚩🚩🚩🚩🚩🚩🚩!!!!!!
Love From India
This is the truth!
Great video!
Isn't it Danna.
THAnk you. great message. :-)
Mr Brian don't be surprised when you find out that you were broke at 35 by the very people that made you a millionaire.....best advice you can give to people is to find a good job, be moral and stay away greed.
Agent π that's good advice......if you want to be broke.
You look great like professional ...
the idea that its difficult and it takes a long time to become a millionaire is a conditioned limiting belief in itself. I chose to not believe that
awesome sir.
Hi . I was wondering is IT possible to become rich in every business or some business are maybe easier than others. I am in the Beauty Bussiness selling face care products and treatments and was wondering IF there is any hopp in that :) Thanks and very interested Videos . Do you recommend to get a mentor ??? Thanks :)
+Emma Durakovic im gonna keep it real with you networking and marketing should be your primary focus when it comes to building a buisness a good product is worthless without any marketing so start networking with people i dont wanna say i'm a millionare but i have the mindset for becoming one. you can get rich in any buisness but yes some are easier than others on diffrent factors the ammount of money you need to invest ammount of products/services you need to sell and how the supply and demand chain works in that buisness and last but not least competion hope that helped.
You made my day😚😚
thank u sir
I love you
Looking up the Einstein quotation reveals the compounding quotation originated from an unknown US copywriter in the early 20th century.
Nice
Great! Better start working on it :)
Tova si go povtarqm vseki den
Znachi shte stane vse nqkoga :P
Az si izteglih audio programi na g-n Tracy i si gi slusham :)
Da az imam pone 12-13 negovi i go slusham kato varvq ili treniram.No reshish che samo sas slushane ne stava -toi kazva tolkova useful stuff che trqbva i action.Az reshish da go izuchavam.
Marieta Miteva E da kolkoto i da ni govorqt, samo nie mojem da si pomognem.. Trqbva iniciativa
Kakto kazva toi, az i za tova go slusham, trqbva 4ovek da se programira za uspeh.. shtoto samo s gluposti ni pulnqt glavite :D
:) uspeh!
Excelente!!
+Mariana Valadez interesting points ,if anyone else wants to discover secret of millionaire mind ebook try Renkarter Millionaire Brain Report (should be on google have a look ) ? Ive heard some amazing things about it and my mate got cool success with it.
thx!!
muy lindo video te ensena a hacer positivio
Es lo máximo Bryan Tracy :D
+Mariana Valadez la verdad que si
aumN...
They don't take risks????
+Shane Hall They do not take and if then calculated risk.
1:40 what is splurishing?
I think he meant to say flourishing, but got tongue tied.
great video! Thanks
When he says your first million does he mean like worth a million like with your business and stuff or does he mean like there's 7 digits in your bank account
Senpello whatever you take it to be, whatever your goals are.
probably net worth.... total assets - total liabilities.
GOOD
Great
🙏💎🥇🕺Thank You Sir 🙋♂️
Green screen**
nice video
4:56 I don't agree with that statement at all !
Seriously who wants to be a millionaire when they'll be old and die the richest in the cimetery. Wealth and money is made to enjoy it, to spend it and realize your dreams and goals with it while you still have energy. Grant Cardone wouldn't agree with that at all ! I think we should be careful about who we listen to, who we take advice from. Grant is worth over $500 millions and made it in business and real estate while Brian probably only made it from his teachings. It is my belief that not a single billionaire on this planet got rich slowly, by being patient and waiting decades. Some people become millionaire in the matter of 2 to 5 years.
Listen to naval, a billionaire
GOOOD
Well, Jay Z, Donald Trump, Warren Buffett and other rich men have stated and admitted that they were lucky.
So?
VRockVulture 01
Luck is false...
"the more I practice the luckier I get" Donald trump wrote that quote in his book speaking about one of the top golfers at the time
Yes, he also wrote that there are better tennis players in the world than (don't remenber name) and better singers than (can't remember either) but they never get the chance to realize their potential.
Green screen
📝📝📝