Passive Income for Beginners (2 Books in 1) - Nathan Bell - E-Book

Passive Income for Beginners (2 Books in 1) E-Book

Nathan Bell

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Beschreibung

There is nothing wrong with desiring to be rich. The motive for riches is the desire for a richer and more abundant life. And this desire is worthy to praise. A person who doesn't wish to live more abundantly is abnormal, and so the man who does not dream to have more money enough to purchase all he wants is abnormal. There are three reasons for which we live; we live for the mind, we live for the body and the soul. No one of this is holier than the other. It is not right to live only for the soul and deny the body or mind. And it is wrong to live for the intellect and deny the soul or body. It is perfectly okay that you should dream of being rich. If you are a normal man or woman, you cannot afford to do so. It is perfectly right that you should offer your best focus to the science of becoming a millionaire. This book is going to reveal millionaire success habits that you can adapt and become successful like other millionaires. Keep reading if you want to become rich.

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Table of Contents

Table of Contents

 

Millionaire Habits

How Any Person Can Become a Millionaire Through Success Habits

Table of Contents

Introduction

Chapter 1: Change Your Habits, No Procrastination

The Power of Habit

Definition of Success

Establish “Million Dollar Habits”

Habits Are Learned

You Have Total Control

The Origin of Your Habits

Habits of Self-Made Millionaires

Techniques for Eliminating the Habit of Procrastination

Chapter 2: The Secrets of All Success

What is Your Current Status? Don’t Lie

Be Clear on Where You Want to Go

Think About Choosing From the Future

Identify Your “Why”

Why Is Your “Why” so Critical

A Deeper Why

Chapter 3: The Power of Your Story

Unearthing Your Story

Did Some Stories Pop Into Mind?

How Has It Impacted Your Life?

Show That It’s Not True

Create a Conversation With God

Say It out Loud

Identify the Good in Every Story

Time to Change Your Story

Write Your New Story

Now Say Your New Story out Loud

Compare Your Two Stories

Chapter 4: Attraction and Persuasion

Law of Attraction for Money

Final Thoughts

Chapter 5: Wealth Principles

Wealth Principle: Your Income Can Grow Only to the Level You Do

The Roots Create the Fruits

Wealth Principle 2: Money is a Result; Your Weight is a Result; Illness is a Result. We Are in a World of Cause and Effect.

Declarations Are a Powerful Ingredient for Change

Wealth Principle 3: Between Deeply Rooted Emotions and Logic, the Subconscious Mind Will Select Emotions.

Wealth Principle 4: Get Deeply Motivated

Wealth Principle 5: Live with 100% Integrity

Wealth Principle 6: Offer More Value Than You Take

Wealth Principle 7: Be Disciplined

Wealth Principle 8: Establish Supportive Environments

Wealth Principle 9: Use Leverage to Create Wealth

Wealth Principle 10: Treat Your Wealth Like Your Business

Wealth Principle 11: Steward Your Wealth

Wealth Principle 12: Be Courageous

Chapter 6: Discover your Emotional Why

The Foundation of Your Money Habits

The Negative Aspect of Money Scripts

It’s Possible to Change Money Scripts

Emotional Wealth

Control Emotional Money Decisions

Chapter 7: Create Your Millionaire Habits & Beliefs

Where Habits Originate From

Expectations Theory

Development of New Habit Pattern

Steps to Acquire a New Habit

Take It Easy on Yourself

Thinking in a Given Way

Being and Becoming

Permanent Fixtures of Your Mind

Self-Made Millionaire Beliefs About Money

5 Ways to Develop a Millionaire Mindset

Chapter 8: The Power of Positive Thinking and Happiness

Positive Millionaire Mindset

Wealthy People Cover Their Assets

Never Trust to Luck

Chapter 9: Success Hacks

Chapter 10: Ways Millionaire Think and Act Differently from Middle-Class People

Chapter 11: The Challenge

First Thing’s First

You Have Great Potential

Disapprove the Critics

Getting Into the Right Business

Conclusion

Description

How to Create Wealth

Live the Life of Your Dreams Creating Success and Being Unstoppable

Nathan Bell

Introduction

Chapter 1: Success Can Never Happen Without the Right Mentality

The Leader Mentality

Entrepreneur VS. Employee

The Art of Always Learning

How To Perceive The Planning Process

Chapter 2: You Will Go Nowhere If You Don’t Know Your Long-Term Plans

Step One: Your Masterpiece

Step Two: The Practical Pieces

Step Three: Putting It Togetherand Creating Your Plan

Step Four: Validating Your Plan

Step Five: Reviewing Your Plan

Chapter 3: Follow These Steps to Properly Manage Your Money All the Way to Financial Freedom

Have A Budget

Understand Your Expenses

Understand Your Income

Pay Off Your Debt

Remove Unnecessary Expenses

Keep an Emergency Fund

Plan for Your Future

Monitor Your Own Credit

Invest Where It Matters

Chapter 4: The Seven Stages of Financial Freedom

Stage One: Gaining Clarity

Stage Two: Becoming Self-Sufficient

Stage Three: Building Your Nest Egg

Stage Four: Creating Stability

Stage Five: Developing Flexibility

Stage Six: Covering Your Life Expenses

Stage Seven: Having an Abundance of Wealth

Chapter 5: The Number One Tool You Need to Create Consistent Wealth Is A Business

Developing A Business with Your Goals in Mind

Creating the Vision for Your Business

Establishing Your Business Plan

Validating Your Business Plan

Chapter 6: If You Want Your Business to Be A Success, You Need to Do These Things

Branding Your Business

Marketing Your Business

Earning Massive Sales

Facilitating Growth

Conclusion

Description

Millionaire Habits

How Any Person Can Become a Millionaire Through Success Habits

Nathan Bell

Copyright 2020 by Nathan Bell All rights reserved.

This eBook is provided with the sole purpose of providing relevant information on a specific topic for which every reasonable effort has been made to ensure that it is both accurate and reasonable. Nevertheless, by purchasing this eBook, you consent to the fact that the author, as well as the publisher, are in no way experts on the topics contained herein, regardless of any claims as such that may be made within. As such, any suggestions or recommendations that are made within are done so purely for entertainment value. It is recommended that you always consult a professional prior to undertaking any of the advice or techniques discussed within.

This is a legally binding declaration that is considered both valid and fair by both the Committee of Publishers Association and the American Bar Association and should be considered as legally binding within the United States.

The reproduction, transmission, and duplication of any of the content found herein, including any specific or extended information, will be done as an illegal act regardless of the end form the information ultimately takes. This includes copied versions of the work, both physical, digital, and audio unless express consent of the Publisher is provided beforehand. Any additional rights reserved.

Furthermore, the information that can be found within the pages described forthwith shall be considered both accurate and truthful when it comes to the recounting of facts. As such, any use, correct or incorrect, of the provided information will render the Publisher free of responsibility as to the actions taken outside of their direct purview. Regardless, there are zero scenarios where the original author or the Publisher can be deemed liable in any fashion for any damages or hardships that may result from any of the information discussed herein.

Additionally, the information in the following pages is intended only for informational purposes and should thus be thought of as universal. As befitting its nature, it is presented without assurance regarding its prolonged validity or interim quality. Trademarks that are mentioned are done without written consent and can in no way be considered an endorsement from the trademark holder.

Introduction

There is nothing wrong with desiring to be rich. The motive for riches is the desire for a richer and more abundant life. And this desire is worthy to praise. A person who doesn’t wish to live more abundantly is abnormal, and so the man who does not dream to have more money enough to purchase all he wants is abnormal.

There are three reasons for which we live; we live for the mind, we live for the body and the soul. No one of this is holier than the other. It is not right to live only for the soul and deny the body or mind. And it is wrong to live for the intellect and deny the soul or body.

It is perfectly okay that you should dream of being rich. If you are a normal man or woman, you cannot afford to do so. It is perfectly right that you should offer your best focus to the science of becoming a millionaire. This book is going to reveal millionaire success habits that you can adapt and become successful like other millionaires. Keep reading if you want to become rich.

Chapter 1: Change Your Habits, No Procrastination

 

 

Have you ever wondered why some people are more successful than others? Or why you don’t make a lot of money despite having performed well in school? To some, this question can be the focal point of a lifelong search. However, the answer is short. You are who you are because of yourself. You are in control of who you want to be. Your current life is the total of the choices you make in life, decisions, and actions you make in life. In other words, you can build your future by altering your behaviors. You can make new decisions and choices that ate more in line with the person you want to be and the things you want to achieve with your life.

 

Reflect on this, everything that you are or ever wanted to be is up to you. And the only real obstacle on what you can be, do and possess is the limit you plant on your own imagination. You can have complete control of your destiny by taking charge of your thoughts, actions, and words from this day going forward.

 

The Power of Habit

Almost 95% of what you do and achieve is the result of habit. Right from childhood, you have a series of conditioned responses that cause you to react automatically and unthinkingly in almost every situation. This means, people who succeed have learned successful habits and unsuccessful people don’t have.

Successful people automatically do the right things at the correct time. Therefore, they achieve ten and twenty times as much as average people who haven’t mastered these traits and practiced these habits.

 

Definition of Success

We can define success as the ability to live your life the way you want. This involves what you like most and interacting with people who you like and respect.

 

In a larger percentage, we can define success as the ability to accomplish your dreams, goals, and wishes in each of the critical parts of your life.

 

While everybody is unique and different from all other human beings who have ever lived, we all have four desires in common. On that note, you can perform a quick evaluation of your life by ranking each of these four categories on a scale of 0ne to four.

 

Healthy and fit

Excellent relationships

Do what you love

Accomplish financial independence

 

Establish “Million Dollar Habits”

It’s important to learn how to think more effectively and make the right decisions. Also, you must learn how to act correctly. This book will teach you how to plan for your financial life in such a manner that you accomplish all your financial goals quicker than you imagine.

 

One of the most vital goals you must accomplish to remain successful in life is the development of your own character. You want to become a great person in every sector. You want to be that person who everyone admires. You want to become a great leader in your community and a role model for personal success to all individuals around you.

 

In every situation, the decisive elements in the achievement of each of these goals that we all share in common is the creation of the specific habits that automatically trigger the results you want to attain.

 

Habits Are Learned

The best thing about habits is that all are learned through practice and repetition. You can learn any habit that you consider desirable or necessary. By following your willpower and discipline, you can polish your personality and character in almost any manner you wish. You can write the script of your own life, and in case you don’t like the current script, you can remove it and write a fresh one.

 

The same way your good habits are the reason for most of your success and happiness, your bad habits are the cause of most of your problems and frustrations. However, because bad habits are learned as well, they can be eliminated and replaced with good habits using the same process of practice and repetition.

 

You Have Total Control

The fact is that it’s not easy to form good habits, but it’s easy to live with. On the other hand, bad habits are easy to form but difficult to live with. In both cases, you form good or bad habits because of the choices you make and the behavior you portray.

 

One of your biggest goals in life should be to form the habit that results in health, true prosperity, and happiness. Your goal should be to develop the habits of character that allow you to become the very best person that you can imagine yourself becoming. The main purpose of your life should be to incorporate within yourself the habits that allow you to achieve your full potential.

 

In the coming sections, you will discover how your habits patterns are created and how you can positively change them. You will discover how to become the type of person who relentlessly like the waves of the ocean, aims to achieve every goal that you set for yourself.

 

The Origin of Your Habits

Tryon Edwards once said that any act that is constantly repeated eventually grows into a habit and that habit slowly develops strength.

 

Remember that you are unique. When you came into this world, you already had great abilities and talents to use.

 

Your intelligent brain has over 20 billion cells, each of which is interconnected to over 20 thousand other cells. The potential combinations and permutations of ideas, insights, and thoughts that you can create are equal to number one, followed by eight pages of zeros. Therefore, whatever you have achieved in life to this date is only a small percentage of what you are truly capable of realizing.

 

The average individual settles for far less than he or she can achieve. Compared to what you can be, everything you have done so far is only a small fraction of what is truly possible for you.

 

The problem is that you step into this world with the most powerful brain, surrounded by unlimited chances for success, achievement, and happiness, but you get started without an instructional manual. For that reason, you need to determine everything for yourself. And most people don’t do. They experience life doing the best they can, but they never come close to doing, and being all that is possible for them.

 

Habits of Self-Made Millionaires

Most millionaires pushed themselves to those levels. They sacrificed a lot and persisted in their work before they accrued wealth. They also formed habits that allowed them to accumulate wealth. Don’t forget that your habits are the reason why you are rich or poor. According to the author of Rich Habits, it’s always two or three habits that distinguish the wealthy from those who are financially struggling.

 

Here are several habits discovered from self-made millionaires.

 

They love to read

How often do you spend time reading a book, a magazine, or even an article online? If you haven’t been spending some time to read, then you’re shy away from what self-made millionaires do. If you want to become wealthy, then you must make it a habit to read.

 

 

The key to success in life is expanding your knowledge base and skills. Set aside 30 minutes or more every day to learning by reading books. If you do, it gives you an edge in the competition, as most people don’t read.

 

They have a mentor

Do you have a mentor? Approximately 93% of self-made millionaires attribute their wealth to having mentors.

 

Having a success mentor in life is one of the steps to become rich. A mentor can help push you to success fast.

 

There are five types of success mentors:

 

Parents. Parenting is critical when it comes to becoming a millionaire. Your first mentors will be your parents. If your parent teaches you good daily success habits, you will struggle less in life.

Career mentors. Getting a mentor at work you enjoy, trust, and respect can result in success in life. Find someone who is at least two levels above your rank.

Book mentors. It is not a must to have a real relationship with a mentor. In certain cases, the best source of mentors is in books, especially books about great people.

Yourself. Did you know you can mentor yourself by learning from your mistakes? This is the most difficult part of success because those mistakes and failures carry a certain cost in both time and money. But this is another powerful type of mentoring you can get because the lessons you learn are rooted in deep emotion and never forgotten.

 

They have a TO-DO Lists

Goals only become goals when there is 100% achievability and physical activity. Millionaires subdivide goals into physical action steps that form a to-d0-list, and many have lists that follow a given habit.

 

Millionaires create success. When you develop processes, you don’t need to think, which requires energy and contributes to decision fatigue. Habits are important because they generate a fuel that can be used to achieve something else.

 

They develop numerous streams of income

Self-made millionaires don’t have only a single source of income. Instead, they create multiple streams, and most have at least three.

 

Having multiple sources of income enables you to conquer the economic downturns that always happen in life.

 

Revenue streams comprise real estate rentals, private equity investments, stock market investments, and royalties.

 

They use dreams to set goals

Before millionaires define goals, first they dream. They write down what their ideal life will appear, and then use this script to develop a bullet-point list of dreams. Eventually, goals are built around each dream.

 

Let dreams be a ladder, and the rungs represent your goals. Now, ask yourself, “What should I do for every wish or dream to become true? Are you ready to perform those activities? And do you have the right skills and knowledge? Then take action?

 

Pursue things that interest you

People always join careers because of the stability aspect, but wealthy people seek their interests. They erect their ladder on their wall. When you like what you are doing, you work harder.

 

Techniques for Eliminating the Habit of Procrastination

If you know you are overwhelmed with the habit of procrastination, then you need to remove that habit. As a habit, procrastination is costing you a lot of time. You are probably getting less done, and less of the critical stuff accomplished. Additionally, it might cause you stress, which has a wide range of effects for your health and; it is likely to harm your relationships. Procrastination is a dangerous habit.

 

The good thing is that procrastination is not permanent; you can eliminate the habit from your life. If you always procrastinate, first, you must determine the source of this procrastination and implement one of the following strategies.

 

When things get difficult, don’t stop

One of the main reasons why people decide to procrastinate is a failure to handle discomfort. When things get difficult, you may not want to be reminded about it. However, if you want to change your life, you must be ready to do things which you have never done before and that which demands you explore a new world.

 

 

The same way procrastination is a habit; learning how to overcome discomfort is also a habit. When things get difficult, keep pushing. This will allow you to build the mental muscles of perseverance.

 

Lastly, you will reject the idea of giving up when things get hard. Think about what you will manage to achieve.

 

Each aspect of our lives has been affected by inventions meant to make our lives more comfortable. A lot is available to us at the click of a button that we don’t know what discomfort is.

 

If you want to achieve your greatest potential and grow, you must learn to cope with discomfort. When you learn to do so, the habit of procrastination becomes much difficult to handle.

 

Think about your lifestyle

Your lifestyle must boost your work. If you are always tired and worn out, you are more likely to procrastinate. Monitor your sleeping habits, what you eat, and exercise. If you take care of your mind and body, they will help you get more done.

 

Also, remember to control your energy levels during your working day because energy is important to productivity and breaking the habit of procrastination. If you don’t have any energy, you are likely to procrastinate.

 

It is equally critical to control your energy levels by taking care of your lifestyle. When you do so, you ensure that you have sufficient energy to bring to your work in the first place. By controlling your lifestyle beyond work, you really can boost your work performance.

 

Be realistic

If you always go to the gym, you should have noticed a large number of people who come in January. These people have made New Year’s Resolutions to get in shape, and they are ready to get it done. But regardless of the best advice of the trainer, they believe that 3 days per week is not enough for them. They report 5 or more days and go flat out each day.

 

The next thing that happens is that their body fails to cope with this new level of pressure and intensity. They burn out within a few weeks, and that is the last time you see them.

 

Don’t be like these people. Become realistic about how much work you can complete in a day and focus your plans on that. Completing that work every day will improve your confidence and motivation while preventing stress and burnout. And the more confident you feel, the less likely you are to procrastinate.

 

Try and do something, regardless of how small it might be

A time comes when it is not important what you do, as long as you are taking some action and get going. If you have been procrastinating a task, select one task on that job and get it done. It doesn’t matter what that job is or how small it is, just get going.

 

If you repeat this step several times, you will begin to break down your resistance and establish some momentum.

 

Momentum is a powerful way to overcome the barrier of procrastination, especially where procrastination has become a habit. In these situations, it can be useful first to break the habit of procrastination and get used to getting work done.

 

Once you are accustomed to the habit of working again, you can concentrate on making sure that the work you are doing is the most critical work that you could be doing.

 

Become organized

You are organized when you know what needs to be done when it needs to be done and how you are going to get it done. Additionally, your life and working environment are organized in a way that boosts your productivity. This will allow you to avoid overthinking each job and jump straight into taking action.

 

Just as important as it is, when you are organized, you easily identify all projects which don’t add value to your work. You can then remove these projects, hence reducing the overwhelm and pressure you experience. This limits the probability of procrastination.

 

There is also a middle ground between tasks that add value and those that don’t. Some projects add value, but you are not the one who should be finishing them. You can outsource this work and create more time and attention in your schedule.

 

The tendency to be organized is one of the best tools for fixing the habit of procrastination.

 

Remove what you can

If there are items in your life which you do not want to do, then why are they in your life? Sometimes, the best thing to do is to eliminate something from your life completely.

 

Yes, there are occasions in your life where you have established the habit of procrastination because you don’t want to be in the position that you are in. You may have to make some changes in your life to get back on track.

 

If you are genuinely unimpressed with the way things are going in your life, you will have to make some changes because it is not okay being unhappy. When you make drastic changes, you may find that you no longer have any desire to procrastinate.

 

Also, when you eliminate what you don’t want from your life, you create enough space for the things you do want.

 

Look for help

There is enough help available for those who suffer from chronic procrastination. Don’t suffer in silence; reach out for support. With some help and some clever techniques, it is possible to turn your life around.

 

Like many problems, sometimes you may fail to create enough space between you and your procrastination habit to examine it objectively. If you cannot be objective, you are going to find it difficult to address the true cause because you are unlikely to analyze all the possible reasons properly.

 

By getting the help of an experienced professional or a trusted colleague, you will manage to look objectively. Additionally, they are likely to have some important observations. In general, the more you understand your problem, the easier it will be for you to identify a workable solution.

 

Create a plan