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Strategy

How to create a money-making mindset

No doubt you’ve heard of the ‘millionaire mindset’. However, when you’re experiencing financial challenges, it’s hard to focus on creating one. To avoid a repetitive circle of lack, rather than abundance, it’s time to push the reset button and start again.

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Everything begins and ends with mindset. Without intentions, we might not even get out of bed, let alone aim for financial success. The problem is, we often allow our mindset to be dictated by external circumstances, rather than developing o­­ur own. To take control, it’s imperative to become aware of where your focus lies and how to redirect it on positive financial outcomes.

How to improve to enhance a money-making mindset

Focus on what you’re offering others and how you can improve, to enhance a money-making mindset.

Focus on earning more, not just saving more

When you’re looking for ways to achieve a financial goal, it’s all too common to focus entirely on slashing your expenses. While saving is a crucial part of wealth creation and budgets are imperative, be aware that being entirely ruled by this type of mindset might actually put you backwards.


The mental switch to seek extra income as a priority, is the path forward towards a money-making mindset.


 

Whether you’re cutting back on going out to dinner or downsizing to a cheaper property, it’s easy for a sense of deprivation to creep in. As soon as it does, your motivation to save takes a dive and you regress into old, irresponsible spending habits. That’s because there are always limits on how much money you can save. On the flip side, there really are no limits on how much money you can potentially make.

The mental switch to seek extra income as a priority, is the path forward towards a money-making mindset. No matter what it is you do, you need to acknowledge your worth, use your talents, increase your skills, stretch your thinking and put the majority of your focus on doing so. Remember that millionaires tend to work smarter, rather than harder, because they choose to. That’s not luck, it’s a mindset that’s geared towards growth.


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It can be incredibly hard to put your energy into finding solutions, when you’re in the midst of challenges. However, once you conquer this hurdle, a money-making mindset is on it’s way. For example, rather than constantly focusing on issues associated with a project, consider instead what you’re offering and how you might increase your service.

When you focus on others and what you’re giving in order to receive money, you automatically expand your opportunities, instead of getting bogged down in the details of what’s not working. By focusing on solutions, you also maintain positivity and hope when the going gets tough. You feel excited for the challenge. You jump into action, instead of denying or avoiding the necessity of dealing with negative scenarios.

The action could be as small as organising the clutter in your life to enhance productivity, to implementing a new business plan to earn more income. Regardless, when your mind is solution-focused, it makes sense that quick, positive outcomes are much more likely.

A money-making mindset is much more than positive affirmations or wishful thinking. It’s the ability that everybody has, to switch focus towards what you want, rather than keeping it on what you don’t. Just remember, the most important times to switch focus, are usually the most challenging. When you’re aware of this, you’re armed with an effective mindset, to help you move towards financial success.

 


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