Are you a budding entrepreneur or serial small business owner who badly wants to turn your small business into a million-dollar business? If so, one of the things that can drive you absolutely nuts is trying to figure out how to achieve that goal while you're already putting all your time and energy into keeping your current business running!
Well, get ready to celebrate! I'm about to show you how to use the powerful Law of Attraction to transform your current business from a “small business endeavor” to “a million-dollar enterprise.”
Relax. Believe it or not, it doesn't require working any harder than you already are. Instead, I'm going to show you how to work smarter by focusing on what you need to do energetically and practically to create a million-dollar business.
Begin by living a millionaire lifestyle.
Living the Millionaire Lifestyle
One of the best books I've read on the millionaire lifestyle is, "The Millionaire Next Door," by Drs. Thomas Stanley and William Danko. In 1998, when this book first came out, the world was shocked to read that, contrary to popular belief, many millionaires do not live in mansions, drive fancy cars, or vacation in exotic places. That book revealed that, if you want to create a million-dollar business, the first step is to start living the millionaire lifestyle by:
· Living below your means. Half of the millionaires interviewed did not live in high-status neighborhoods. Instead, they lived in average neighborhoods in average-sized houses. The other half only moved to more affluent areas after they had become wealthy.
· Being frugal. Most millionaires do not buy expensive suits, pricey boats or brand new cars. Instead, they like to shop around for a good bargain and always haggle for a better deal.
· Loving your work. Millionaires are either self-employed or own their own businesses, and they feel very passionate about what they do. They are self-made and like to succeed by their own ways and means.
The Millionaire Mindset
Next? Use the Law of Attraction to create a millionaire mindset. Here's how:
1. Cultivate an extraordinary mindset.
If you want to create a million-dollar business, you must first cultivate a millionaire mindset. What that means is that you must already be, in your thinking, a million-dollar business owner where a million-dollar cash flow is normal for you.
2. Create causes, not businesses.
Millionaire business owners focus on doing great things, not creating great businesses. They pour their heart and soul into leaving a legacy of great causes they are passionate about.
To do that, you must have firmly fixed in your mind the core purpose for your business. Make sure it is bigger than your own self.
Remember: It's not about making money; it's about making our world a better place for you and others to live in.
3. Look for inspiration, not products.
What inspires you?
Once you know that, the next two steps are simple: Look for the opportunities arising from that inspiration and take action on them. By first turning inward to tap into your inspiration—rather than looking outward for products or services you think will line your pockets—million-dollar returns will flow to you.
4. Know that thoughts become things.
The Law of Attraction states that what you think about comes about. That's because your thoughts attract and magnetize other thoughts like them. Therefore, whatever you think about, that is what you will multiply in your business.
Your business is a mirror of your own inner thinking. Where is your attention right now in your business?
5. Be 100 percent committed.
Are you willing to do whatever it takes to have a million-dollar business?
Some people aren't, you know. You can easily recognize them by how they allow setbacks to get them down and by how quickly they give up whenever the going gets tough.
Having hopes, dreams, and aspirations of becoming a million-dollar enterprise is not enough to create it. Instead, you must be 100 percent committed that, no matter what, you will do what it takes to have a million-dollar business. Only then will all the synchronicity and magic of the Universe align to make that happen.
6. Think two million.
If you want a one-million-dollar business, begin with a two-million-dollar business mindset. Since all riches begin in the mind first, there's no better way to build a million-dollar business than by starting off with an idea that has twice that amount of energetic backing.
7. Have a plan, and then work the plan.
I cannot stress enough the importance of having a business plan in place for your two-million-dollar business. Just the process of putting together a two-million-dollar business plan will energetically stretch you in ways that will open you to becoming more of a match for the one-million-dollar business you want.
Once you have that two-million-dollar business plan in place, then work it!
If you are a budding entrepreneur or serial small business owner, I really want you to understand one thing: Working harder is not the solution to creating a million-dollar business. Instead, adopt the millionaire lifestyle above while using the Law of Attraction to create a millionaire mindset. If you do, you'll be well on your way to creating that million-dollar business you've long been dreaming of. Remember, the creation of a two-million-dollar small business enterprise is only a mindset away.
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Dr. Susan L. Reid is a business coach and consultant for entrepreneurial women starting businesses. She is the award-winning author of “Discovering Your Inner Samurai: The Entrepreneurial Woman’s Journey to Business Success,” and has a free chapter PDF of her most popular chapter: "Doing What You Love: Multiple Streams of Passion" for those who want see how persistence, patience and practice can really pay off.