Project Life Mastery https://projectlifemastery.com Tue, 01 Jun 2021 17:10:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://projectlifemastery.com/wp-content/uploads/project-life-mastery-favicon.ico Project Life Mastery https://projectlifemastery.com 32 32 If I Started Over Tomorrow, Here Are 10 Steps I’d Take To Make $1,000,000 https://projectlifemastery.com/steps-id-take-to-make-1000000/ https://projectlifemastery.com/steps-id-take-to-make-1000000/#respond Tue, 01 Jun 2021 15:00:16 +0000 https://projectlifemastery.com/?p=13258 Do you want to become a millionaire, but don't know how? If I started over tomorrow, here are 10 steps I'd take to make $1,000,000. Click here for more!

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If I started over tomorrow, these are the 10 steps that I would take to make $1,000,000.

I have been immersed in the Internet marketing world for over a decade now. I've built a multi-million dollar online business from the ground up.

Here's the best part – I started with nothing. So can you.

There are so many incredible opportunities that exist online to create wealth. The question is… are you ready to take action and work harder than you've ever worked before?

If you are ready to start your entrepreneurial adventure and want advice from someone who lives where you want to go, read this!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/f6cfb3e7-1b8b-4af7-9471-92d770f755a1/stream.mp3″ background=”default” ]

Are you ready to escape the rat race and design life on your terms? CLICK HERE to take my FREE 60-second online business quiz to find out which business model is best for you!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

This is how I went from zero to $1,000,000.

One of the most powerful lessons that I've learned along my journey to becoming a millionaire is that it's not what you get, but who you become that matters most.

Inside this blog, I am going to share with you the steps that I took to make $1,000,000 when I started with zero dollars in the bank. As I walk you through these steps, I'm going to act as if I don't yet have the skills that I have spent years of my life cultivating.

From personal experience, I can confidently say that wealthy people think differently from everyone else. Researchers who studied hundreds of self-made millionaires for several years have found that many tend to practice different habits or display heightened traits that help them build wealth.

Thus, to make $1,000,000 you will have to do what others will not. The hardest part is going from zero to 6-figures. However, once you get to this point, you can scale your business, fast.

Keep in mind that I didn't make my first million through investing in stocks or cryptocurrencies. Rather, it was through building an online business. If you don't have a lot of money, an online business is a great place to start.

As you work through each of the 10 steps that I'm going to share with you, make sure that you also do the work to cultivate an entrepreneurial mindset. A strategy will only take you so far. At the end of the day, you are responsible for taking action to create wealth. On that note, let's dive in!

Step #1 – Find a job that helps you cultivate a high-income skill 

If you need to make more money, find a job that allows you to develop skills that will contribute to your entrepreneurial success. When I was 21 years old, I cultivated the skill of public speaking and coaching. I wanted to be in the business of helping others.

Soon thereafter, I started my first business, which was called Lifestyle Transformations. I facilitated free seminars every two weeks to promote my coaching services to people. The money that I made in my first online business didn't make me a millionaire.

However, the high-income skills that I developed in my role as a dating coach (sales, communication, marketing, coaching) have served me well in many other aspects of my online businesses today. In particular, in my role as a YouTuber.

Figure out which high-income skill you can master that will allow you to make good money on the side while you're building your online business.

For example, if you're a great writer, you could work as a freelance copywriter for entrepreneurs or companies. A role like this would allow you to master SEO and learn about the inner workings of an online business. This kind of knowledge is invaluable.

Step #2 – Choose a niche 

A niche is a topic, category, or genre. You want to choose a niche that you have a passion for and that you believe in. Also, you want to choose a niche that has a high demand and potential for profitability. Study and follow successful entrepreneurs whom you want to model. Draw inspiration from their work.

Get to know the “ins” and “outs” of their business. What are they offering? How are they making money from this niche? Whichever niche that you choose, you want to go deep with it so that you can build a brand around it.

Step #3 – Build a brand 

Simply put, a brand is a name that a mass number of people recognize and associate emotion with. Your brand is derived from who you are, who you want to be, and who people perceive you to be. More importantly, it is what differentiates you from the competition.

In the words of Jeff Bezos, “Your brand is what other people say about you when you're not in the room.” Your logo and your website are key components of your business that communicate what your brand is all about. They reflect your brand identity.

Step #4 – Create content 

The best way to build your brand is through content creation. Content is king. It's everywhere. Content comes in many different forms – video, social media updates, blog posts, articles, podcasts, infographics, and eBooks.

There are a variety of different platforms that you can create content on, whether that's Instagram, YouTube, Twitter, Facebook, or any of the podcasting platforms.

I love being a content creator. It's what I spend the majority of my time doing in my business. Creating content is what has allowed me to attract hundreds of thousands of people to my YouTube channel and blog and build my brand to where it is today.

Content marketing is a great relationship-building tool. Identify what your customers' problems are and create content that helps them solve those problems. Doing so will help you build trust and create raving fans who end up buying from you again and again.

If you want to become a millionaire one day, you should publish content at least 3 times per week. Video content, is by far, one of my favorite ways to deliver content to my audience. If I were to start over, I would have focused 80% of my content creation efforts towards YouTube.

I suggest publishing videos on a variety of different topics related to your niche. Also, experiment with different types of video marketing, whether that's product reviews, vlogs, interviews, or Q&As.

See which videos get the most engagement and then create more content on those topics. Keep in mind that, for the first few months, you'll be creating content that nobody consumes. Push through and don't give up. Eventually, engagement will increase.

Step #5 – Do affiliate marketing 

Once you start creating a lot of content and have a pretty solid following, start leveraging the power of affiliate marketing. Affiliate marketing is the process of earning commissions by promoting other peoples' products or services.

When choosing affiliate products, I suggest not promoting anything that you haven't used or benefitted from yourself. Only promote products that you feel will change people's lives.

I would encourage you to choose 1-3 products and act as if they are your own. Market and promote them as if they were under your brand. If you want to make $1,000,000, I would suggest promoting higher ticket affiliate products.

That being said, remember that affiliate marketing is not a get-rich-quick model of income. If you're willing to stick with the process, long-term, there is no limit to how much money you can make.

Step #6 – Sell on Amazon 

So much money is being made on Amazon right now. It's too hard to pass up on this opportunity. By selling on Amazon's platform you get access to hundreds of millions of their customers (in the U.S. alone). Amazon is the largest eCommerce search engine. Thus, it's easier to rank products.

When it comes to selling on Amazon, you can either sell books or physical products. If you decide to self-publish, write books that are relevant to the content that you publish online. A book is easy to write if you're already in the habit of creating content.

Publishing books is a great way to generate leads and build your brand. In this video, I walk you through how you can create $10k/month in passive income with Amazon book publishing.

If you want to take advantage of this opportunity, I've got a course that I created called Mastering Book Publishing where I share my step-by-step system for publishing books on Amazon.

Publishing your book on Amazon is half of the battle. If you don't market your book effectively, nobody will ever find it!

This is why I also created a course called Mastering Book Marketing, which teaches you my best marketing strategies for getting more Amazon book sales. Book publishing is the most beginner-friendly way of making passive income online.

However, if you want to create financial freedom, I would sell physical products on Amazon related to your niche. An Amazon FBA business costs more money to build, but the potential to make larger sums of money is greater.

If you want to learn more about selling on Amazon FBA, check out my FREE 4-part video training series where I share my Amazon blueprint for success and how you can create your first $10k month selling online.

Step #7 – Create a funnel and an email list 

A funnel is similar to a landing page. You want to give people something of high value so that you can collect their email addresses. By doing so, you build an email list.

When it comes to creating a funnel, I suggest using ClickFunnels. They have a lot of great tools that help you market and sell your products online.

An email list gives you the ability to connect with and build relationships with people. More importantly, it's a great place to promote your newest products or services so that you can scale your business. AWeber is a great software for building and growing your email list.

Step #8 – Create a 30-day email follow-up series

Once people opt-in to your email list, you want to write out an email follow-up series that can be created using AWeber. Within your email follow-up series, you want to make sure that you're always adding massive value to your subscribers.

These emails provide you with an opportunity to deepen the relationships that you have with them. Email sequences can move people through a journey of not having ever heard of your company to becoming a customer and (potentially) a raving fan.

A great way to increase email engagement is through storytelling. When it comes to your email writing, aim to tell a story in a way that allows your subscribers to connect with the message that you're trying to get across. Always strive to help people first. The money will follow.

Step #9 – Coach people 

If people benefit from your content, there will be a percentage of them who will want to work with you more intimately. Coaching isn't passive because you're trading your time for money.

However, it allows you to build your coaching skills and carve out a name for yourself as an expert in your field. More importantly, it allows you to connect with some of your audience members on a deeper level.

Step 10 – Create an online course

At this stage of your entrepreneurial journey, you have enough data to know what people want from you. In an online course, you're breaking down what you would teach people in a series of 1:1 coaching sessions and providing them with a system for achieving a specific result.

An online course is a great way to scale your online business because it allows you to reach a lot of people.

If I started over again with my online courses I would probably have created something similar to what I've done with my Life Mastery Accelerator and Online Business Mastery Accelerator group coaching programs.

Conversely, I may have created a high-ticket course around a very specific topic that had a coaching element to it, and maybe some done-for-you services.

If I started tomorrow, these are the 10 steps I'd take to make $1,000,000.

Your life path may look very different from mine, which will mean that the steps you take will be different. That's totally OK. Know what your passions and strengths are and leverage them.

Entrepreneurship is a journey. The plan that you start with may not be the path that unfolds. Be flexible, stay open, and be willing to pivot if need be. It may take years to grow your wealth. It did for me! However, don't let that stop you.

Remember that it's who you become along your journey to success that matters most. Embrace the journey. Every step that you make is leading you to $1,000,000.

Are you ready to escape the rat race and design life on your terms? CLICK HERE to take my FREE 60-second online business quiz to find out which business model is best for you!

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7 Millionaire Habits That Changed My Life https://projectlifemastery.com/7-millionaire-habits/ https://projectlifemastery.com/7-millionaire-habits/#respond Tue, 18 May 2021 15:00:24 +0000 https://projectlifemastery.com/?p=13238 Wealthy people think and act differently. Are you ready to discover the 7 millionaire habits that changed my life forever? Click here for more!

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If you want to become a millionaire, you'll want to read this.

The amount of money that you make doesn't start with your title.

Rather, the driving factor that enables people to build massive wealth comes down to mindset.

I've been studying self-made millionaires for the last 18 years. What I've found is that they share similar success habits.

If you are ready to start thinking and acting as if you are already a millionaire, keep reading to find out the 7 millionaire habits that changed my life!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/6910c82a-e826-4944-923e-61c2723035ba/stream.mp3″ background=”default” ]

Do you want me to show you how you can create your own Mastermind Group of highly successful people? CLICK HERE to get instant access to my FREE Mastermind Cheatsheet! 

I went from broke to millionaire.

Those of you who follow me know my story. I didn't grow up having a lot of money. My parents went through a really bad bankruptcy, which resulted in them getting a divorce. This experience created a lot of turmoil in my family. Thus, from an early age, I associated pain with not having money.

I never wanted to struggle financially. When I was in my 20's, I made the decision that I would do whatever it took to become a millionaire. For 18 years I've been on a self-development journey. I've been learning and consuming knowledge from the most successful millionaires in the world.

I believe that one of the best and easiest ways to create success is to study success. Millionaires aren't lucky. Rather, they do specific things every single day that contributes to their success.

I intentionally placed myself in the right environments with people who were more successful than I was. Furthermore, I practiced the success habits of the super-rich. As a result, I became a millionaire at 27 years old.

These are the 7 millionaire habits that have made the biggest impact in my life. Let's dive in!

1. The Habit of Goal-Setting

If you want to become a millionaire, you have to know exactly what it is that you want. Nobody becomes a millionaire by accident. If you want to achieve massive success you need to have a millionaire vision. A vision gives you a sense of direction.

Take a moment and reflect upon what you want your life to look like 10 years down the road. Visualize it AS IF it has already become your reality. Activate all of your senses and imagine yourself there.

Create the experience of emotions you’d be feeling if you’d already achieved it. Get clear and specific on your destination. Your imagination is the preview of your life's coming attractions.

Once you have your vision statement, you then need to create goals. Goal-setting is a habit. It's not something that you just do once. I encourage you to break down your vision into yearly, quarterly, monthly, and weekly goals.

When it comes to setting goals, you must prioritize them. Also, you should regularly check in on the progress of your goals. Ideally, every single day. Doing so will help remind you what you are focused on achieving. The more that you focus on your goals, the more likely you will achieve them.

2. The Habit of Focusing On Your ‘Why'

What will determine whether or not you achieve your goals is the reason you have to take massive action. A lot of people have goals, but they are lacking motivation. This is why your ‘why' is so important.

You need to create a daily habit of reminding yourself why you want to become a millionaire. I'm sure that you have an idea of what you need to do to create more success in your life.

The reason why you aren't doing what you know you should do is that your ‘why' isn't strong enough. You're linking more pain to taking action than not taking action. That's what procrastination is.

It's not until you want something bad enough that you get what it is that you want. Are you willing to do whatever it takes to become a millionaire? If you want success bad enough, you'll go above and beyond.

I like to make a list of 100 reasons why I will achieve a specific goal. At first, you may struggle with this process. The ego wants you to stay inside your comfort zone. Push yourself and commit to coming up with 100 reasons.

Once you've got your list, make it a habit of reading a few of them every single day. Doing so will motivate you and ensure that you continue taking massive action.

3. The Habit of Massive Action 

You cannot achieve anything in life without taking massive action. It is the holy grail. Everything else that we talk about is useless unless you're taking massive action. Massive action is a habit.

It's a muscle that you build every single day. The more actions that you take, the more confident that you will be. In turn, you will become empowered to do more. Every time that you take action, you move one step closer to creating the life that you want.

In today's digital world, knowledge is more accessible than ever before. Don't get me wrong… consuming knowledge is great. However, be mindful that you aren't overloading yourself with information to the point where you do nothing with it.

Analysis paralysis is our tendency to seek more information than is needed to make decisions and take action. If you are not implementing what you're learning, you're wasting your time and energy. Knowledge isn't power. Rather, it's potential power.

Knowledge is only power to the extent that it is used. The real power is taking massive action. Every day you have an opportunity to take action, whether it's exercising, meditating, working on your business, or reading books. When you commit to showing up for yourself, you master your time, health, and energy.

4. The Habit of Reframing Failure and Disappointment 

Becoming a millionaire isn't easy. You will experience a lot of challenges along the way. There will be times when you make mistakes that waste your time and money. You'll have goals that you set that won't come to fruition.

What you expect should happen will not happen in the way that you wanted it to. That's called the process of success. Everybody who has become a millionaire has gone through these ups and downs.

The difference between those who succeed and those who fail comes down to meaning and perspective. Any time that you face a setback in life, you have two choices. You can either let your pain prevent you from taking action or you can reframe an event as a learning opportunity.

It's not what happens to you, but how you respond to it that matters. Successful people don't focus on what isn't working. Rather, they are constantly finding ways to leverage their fears.

Failure is a great thing! It tells you what works and what doesn't. Ultimately, this helps you pay more attention to what you are doing. As a result, you won't make the same mistakes twice.

When things get difficult, make it a habit of practicing reframing your failures. Over time, you will start making failure work for you instead of against you.

5. The Habit of Daily Learning 

You're engaging in this habit right now! I commend you for it. Daily learning can be in the form of books, podcasts, YouTube videos, online courses, or mentors to name a few things. I have been improving myself on a daily basis since I was 17 years old.

In particular, building the habit of reading every day has helped me create a lot of wealth. If you love reading, check out my top 10 must-read books for creating financial freedom. If you want to be successful at anything, you have to model success.

Self-education will help you get to where you want to go, faster. This is how you will compress decades into days. The more that you learn, the more money that you will earn. It's that simple.

6. The Habit of Long-Term Thinking

Becoming a millionaire is a long-term game. Success won't happen overnight. To become a millionaire you will need to make important decisions. These decisions may not seem important to you when you're making them.

However, when repeated, these decisions can transform your entire life. Most people make decisions with their time and money on things that give them immediate gratification. Unfortunately, there is always a cost to doing so.

Millionaires delay gratification and make sacrifices that will benefit them, long-term. You have to pay a price to achieve success. I've had to make a lot of sacrifices to get to where I am today.

Again, ask yourself – how badly do you want success? Successful people do what others will not.

7. The Habit of Surrounding Yourself With Success 

You are the by-product of the average of the five people that you spend the most time with. If those people are broke, lazy, and depressed, they are going to negatively influence your energy, belief systems, and behaviors.

If you want to become a millionaire, you've got to put yourself in environments with people who are already millionaires. You never want to strive to be the smartest person in a room. You won't grow in those rooms!

Rather, surround yourself with people who have already achieved what it is that you desire. In my experience, ultra-successful people are more than happy to share their recipe for success. I understand that it's easier said than done to surround yourself with millionaires. It takes time, but it's possible.

A great way to get in close proximity with millionaires is to attend their live events. If that isn't possible, learn as much as you can from them online, through their courses, podcasts, YouTube videos, books, or training programs.

If you aspire to be mentored by a millionaire, the best way to go about doing this is by adding value. Don't be a taker and just reach out to someone and ask him/her to mentor you. Always strive to be of service first.

Comment on their social media posts, write blog posts, or create YouTube videos where you mention their name and highlight their expertise. Win their respect and make them feel appreciated.

Will you apply these 7 millionaire habits?

Habits are the result of repeated actions. When I look back on my life, these are the habits that have contributed most to my success. Think and act as if you are already a millionaire. Which habit will you take action on today?

Do you want me to show you how you can create your own Mastermind Group of highly successful people? CLICK HERE to get instant access to my FREE Mastermind Cheatsheet! 

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Index Fund Investing: How To Become A Millionaire https://projectlifemastery.com/index-fund-investing/ https://projectlifemastery.com/index-fund-investing/#respond Thu, 04 Mar 2021 16:00:13 +0000 https://projectlifemastery.com/?p=13112 Investing is a smart way to protect your financial future. Curious about how you can become a millionaire with index fund investing? Click here for more!

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Are you ready to take advantage of index fund investing?

Inside this blog, I'm going to show you how to become a millionaire using the power of compounding.

Additionally, I'm going to share with you what index funds are and the ETF and index funds that I invest in.

Compounding is the process of generating earnings on an asset's reinvested earnings. Einstein is famous for saying that “Compound interest is the eighth wonder of the world.”

Those that understand compounding, earn it. Those that don't, pay it.

Are you ready to learn about the compounding power of index funds? If so, you'll want to read this…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/8081199-plm-849-index-fund-investing-how-to-become-a-millionaire.mp3″ background=”default” ]

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This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Index fund investing is a smart way to invest your money.

I started investing when I was 18 years old. I became a millionaire when I was 27 years old through my online business. However, I didn't want to solely rely on my business to create financial freedom. That was too risky for me.

This is why I chose to become a long-term investor. If I failed in my business ventures or something happened, I wanted to still be financially secure. That is what investing offers you. The earlier that you start investing, the better.

I want to help you get started investing in an index fund even if you've never invested in anything in your entire life. One of the most basic investment principles is to pay yourself first. This means putting money aside as soon as you get paid, before spending money on ANYTHING else.

Watch the video above where I share my computer screen and show you the ETFs and index funds that I invest in!

Before we dive into index fund investing, I want to provide you with a few scenarios that will help shed light on the power of compounding.

Scenario #1

Let's pretend that you invest $100 per week ($400 per month) and that the money that you invest is compounded at a 9-10% annual return. If you continued to invest $100, month after month, this is how your money would compound over time:

  • 5 years – $31,121
  • 10 years – $79,003
  • 15 years – $152,677
  • 20 years – $266,033
  • 30 years – $708,799
  • 35 years – net-worth millionaire
  • 40 years – $1,756,989

THIS reflects the power of compounding.

Scenario #2

One person is 19 years old when they start investing. They contribute $2,000 into their investment account every single year until they turn 27 years old, at which time they stop investing altogether. On the other hand, another person starts investing at 27 years old. They contribute $2,000 to their investment account every year until they are 65 years old.

Who do you think ends up with more money in their bank account? The former person will end up making over 1 million dollars at 65 years of age, whereas the latter person will end up with $805,000. That's a $200,000 difference.

Why did this happen? The former person started investing earlier. Time in the stock market is everything. The earlier you start, the sooner that your money will amass to large sums, thereby helping you achieve financial freedom.

What is an index fund?

An index fund is an exchange-traded fund (ETF) that is comprised of a group of companies that you own. However, you're only buying one fund on the market. That one fund owns the top 500 companies in the U.S., which is known as the S&P 500.

Investing in different sectors is a smart way of mitigating your risk, otherwise known as diversification. By investing in one index fund you're mitigating your risk because you're not investing in one specific company. It's safer to bet on the U.S. economy versus one individual company.

This is why I think index funds are so powerful and why I believe that they are one of the best vehicles to start investing in. Another great thing about investing in an index fund is that it's passive. It's not like investing in a mutual fund that is actively managed.

In the investment world, most fund managers are trying to pick stocks and time the market. However, over a long period, only 4% of stock pickers beat the S&p 500. Conversely, research shows that S&P 500 has delivered average annual returns of almost 10% going back 90-plus years.

I follow the investment advice of Warren Buffett.

He is one of the greatest investors of all time, and a proponent of index fund investing. He says that “a low-cost index fund is the most sensible equity investment for the great majority of investors. By periodically investing in an index fund, the “know-nothing” investor can outperform most investment professionals.”

If Warren Buffett recommends that you invest in an index fund, I highly suggest you follow suit! Investing in index funds doesn't require that you have any skills.

Nor does it require that you check-in on the market daily, or keep up-to-date on the latest investment news. Thus, investing in a low-cost index fund is a set-it-and-forget-it approach.

STOCK BROKERAGE ACCOUNTS I RECOMMEND:

MY FAVORITE INDEX FUNDS

STOCK MARKET INVESTING VIDEOS:

Are you ready to become a millionaire with index fund investing? 

Like I said above, this is a great vehicle for creating financial freedom in your lifetime. That being said, whatever I share with you, please don't take it as gospel, so to speak. When it comes to investing, you must do your due diligence.

However, I think you'll find that there is a lot of current research that supports the value of index funds. They are an easy and diversified way to start investing in the stock market.

Don't sit on the sidelines and wait another year to take advantage of compounding. There is no better time than today to start investing your money and protecting your financial future.

Are you ready to start trading stocks? CLICK HERE to get 2 FREE stocks (valued up to $1,600) on WeBull when you deposit $100!

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How Long Does It Take To Become A Millionaire? https://projectlifemastery.com/how-long-does-it-take-to-become-a-millionaire/ https://projectlifemastery.com/how-long-does-it-take-to-become-a-millionaire/#respond Tue, 02 Feb 2021 16:00:23 +0000 https://projectlifemastery.com/?p=13061 I want to help you take control of your financial future and build real wealth. Want to know how long it takes to become a millionaire? Click here for more!

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How long does it take to become a millionaire?

This is the million-dollar question that everyone wants to know. Popular media loves to promote get-rich-quick stories of success.

Don't get me wrong… they exist. But they are not the norm. For the vast majority of millionaires, success is a long-term game.

As someone who has created a multi-million dollar business, I can attest to this.

Inside this blog, I share with you how to grow your wealth the smart way so that you can get rich AND stay rich.

If you're ready to build a million-dollar mindset, read this…

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to set yourself up for financial freedom? CLICK HERE to take this 60-second quiz to find out which business model is the best for you to start your online business!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

How long do YOU want it to take to become a millionaire?

At the end of the day, it's up to you. I first started pursuing success in my early 20s. My goal was to become a millionaire by the time I was 30 years old. During that time, I was learning everything that I could about business, marketing, investing, and entrepreneurship.

I knew that I could achieve the level of success that I desired because I was young and I had time on my side. However, I also knew that if I wanted to hit the million-dollar mark, I would have to make a lot of sacrifices and take massive action.

I ended up becoming a millionaire at 27 years old, so I over-achieved on the goal I set for myself. I'm not going to sugarcoat it… the idea of waiting until I was 67 years old to retire and enjoy life terrified me, especially after I read the book The 4-Hour Workweek.

Thus, I was willing to do whatever it took to achieve financial success. I committed to mastering every area of my life and I was consistent in that endeavor for over a decade.

Best-selling author Malcolm Gladwell came up with the idea of the “10,000-hour rule of self-improvement”. This principle states that to become world-class in any field, you need 10,000 hours of deliberate practice.

While this may hold true for some, I believe that people are capable of mastering something a lot faster if they engage in behaviors that fastrack their success. In particular, learning from people's successes and failures. I think this is a smart way of accelerating any process. This is what I do with anything that I want to learn in life.

The Correlation Between Beliefs & Financial Success

Most of our beliefs about money and success develop during childhood. We call these your money scripts – your values and beliefs about money that you grew up with that impact your habits today in ways you might not even be aware of.

For example, if you grew up believing that money was the root of all evil, naturally, you will not easily attract money into your life. You'll link pain to money. The association will be so strong that it will inhibit you from creating financial abundance.

This is why it's so important to understand what your money beliefs are and how these beliefs are holding you back financially. If you have mental software that is outdated, you need to update it so that you possess more empowering belief systems.  

We live in a world where opportunities are abundant. People who struggle to achieve financial success have yet to master their inner game, meaning their mindset. People whose inner game is “off” don't feel confident or in alignment with their truth.

Mastering your mindset starts with awareness and intention. You cannot change until you know what your dysfunctional beliefs are and how they are negatively impacting your life. If you want to become a millionaire, you need to be willing to THINK like a millionaire.

Invest in Yourself and Your Financial Future

I have achieved the success that I have today because I have dedicated my life and work to never-ending learning. If you want to become a millionaire, you must invest in your biggest asset – YOU.

Read books, attend seminars, listen to podcasts, hire coaches and mentors, go through online training programs. The more that you learn, the faster that you will create a millionaire mindset, and the more money that you will earn. 

Entrepreneurship is a risky endeavor, which is why I decided to start investing my money early on in my journey. When I was 18 years old, I read a book called The Wealthy Barber. It sparked my interest in the world of investing and I never looked back.

Today, I like to invest in index funds, otherwise known as ETFs. This is an investment fund that allows you to buy a basket of individual stocks. I'm not taking a big risk by spreading my money out amongst many established companies. I always pay myself first, but I put aside 10% of the money that I make and invest it into ETFs.

If you invest like this when you're young, month after month, you will see the power of compounding. By the time you're 65, you can become a millionaire, simply by making smart investing decisions when you're younger.

How badly do you want to become a millionaire?

If you want it bad enough, you will do whatever it takes to achieve that goal. You determine your success in life. If you are willing to do what others will not, and build wealth as if your life depends on it, there is no question that you will become successful. 

Are you ready to set yourself up for financial freedom? CLICK HERE to take this 60-second quiz to find out which business model is the best for you to start your online business!

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Morning Ritual Of A Millionaire Entrepreneur https://projectlifemastery.com/morning-ritual-millionaire-entrepreneur/ https://projectlifemastery.com/morning-ritual-millionaire-entrepreneur/#respond Tue, 08 Dec 2020 16:00:18 +0000 https://projectlifemastery.com/?p=12842 How you start your day determines how you live your life. Do you want to know the morning ritual of a millionaire entrepreneur? Click here for more!

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Have you ever wondered what the morning ritual of a millionaire entrepreneur looks like?

Inside this blog, I share with you my morning ritual for success. Engaging in this routine allows me to optimize my mind, body, and spirit.

In turn, I can perform at my best every single day. If you want to get the most out of your day you must spend the first part of the morning making yourself a priority.

I have been able to become a millionaire entrepreneur, in large part, because of the empowering habits that I have developed and sustained.

If you're ready to transform your life from the inside out, keep reading…

Watch the video below:

(Click here to watch on YouTube)

Do you want access to 21 rituals that will allow you to master your time, health, and energy? CLICK HERE to download my FREE Ritual Habits Cheatsheet!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

A morning ritual empowers your day.

I'm a big believer that how you start the day is how you end the day. If you roll out of bed every day, begrudgingly hit the snooze button, and throw on a pot of coffee before rushing out the door to work, how do you think your day is going to unfold?

Without a positive morning routine, your day can easily turn out precisely how it started – unfocused, uninspired, and unmotivated with everything becoming a potential distraction.

Unfortunately, a lot of people start their days in this way. In turn, they allow life to happen to them, instead of for them. This is why it's so important to create an empowering morning ritual. Think of it like a prayer or an intention that you set for yourself about how you want your day to unfold.

Rituals have allowed me to transform every area of my life. I've been practicing them since I was 17 years old. I used to be a shy, depressed, and insecure kid. However, once I started spending my mornings reprogramming my mind and emotions, over time I saw massive changes.

I started treating myself as if I was a high-performing athlete because I wanted to get the most out of myself and my life. If you don't have a plan for your life, you won't get the most out of your days. It's that simple. My morning ritual is long and in-depth. However, the length of time that I spend on it all depends on what I have planned each day.

This is why I have a 15-minute ritual, a 30-minute ritual, a one-hour ritual, and a two-hour ritual. Inside this blog, I'm going to provide you with a snapshot of some of the rituals that I engage in daily.

Watch the video above, where I walk you through my in-depth morning ritual and demonstrate what is involved with each one!

Keep in mind that there is no golden standard when it comes to rituals. Each person will have different rituals depending on their lifestyles, values, and needs. You don't need to copy the rituals that I engage in. I just want to provide you with options. Let's dive in!

1. Smile

The first thing that I do when I open my eyes is smile. I can't think of a better way to start the day. You can never take a day of your life for granted. Every day is a gift. I'm not saying that I feel positive and happy every single day. That's not realistic.

However, by training myself to smile first thing in the morning, I'm setting the precedent for the rest of my day. When you smile, your body starts to produce good-feelings. The more you feel good, the more good things you will receive.

2. Drink water

After you've been sleeping for 7-8 hours, your body is dehydrated. Your cells are craving water. By drinking water, you kick-start your metabolism. You'll get energized immediately. I use a water ionizer that produces 9.5 alkaline water.

The ionizer micro-clusters water molecules and turns water into an antioxidant. The water goes through 12 titanium plates that are double-dipped in platinum. I drink an entire liter bottle of water before I eat anything.

3. Take supplements

I start my day with a shot of apple cider vinegar. I am over the top when it comes to supplements because my health is my top priority in life. I'm a big fan of enzymes.

Before I eat any food, I'll take a supplement called Masszymes. Throughout the day, I'll take a variety of different supplements, some of which include Vitamin B12, D3, Magnesium, Oil of Oregano, Colloidal Silver, and Probiotics.

4. Read

I like to spend 10 minutes every morning reading a book on my Kindle. If you only read 10 pages of a book every day, that means you will be reading 300 pages, which is one book per month. Over one year, that's 12 books.  A lot of people start their days by looking at social media or their emails.

I think you should check social media and emails after you've completed your morning ritual. The moment that I check my phone I'm distracted. I'm hit with an insane amount of demands in my business. Not surprisingly, I get stressed. It's all downhill from there. This is why I like to feed my mind with positivity and focus on learning first thing in the morning.

5. Journal

I like to write in my 5-Minute Journal. This is a simple process that helps me to focus on the good. I write down three things that I'm grateful for, what would make my day great, and a daily affirmation. Then I write in my Productivity Planner, which helps me plan out my day so that I set myself up to win.

In the evening, I journal about three amazing things that happened and how I could have made the day better.

6. Lie on my PEMF mat

PEMF mat is a portable mat that radiates pulsed electromagnetic fields around your body. Every morning I lie on this mat for 10 minutes while I'm doing my meditation. I also stretch for 5 minutes on my mat.

There are so many amazing health benefits of using a PEMF mat, some of which include reducing inflammation and improving sleep. I lie on my mat in the morning and in the evening before I fall asleep.

7. Stand in front of my JOOVV red light

The JOOVV device has LED lights on it that emit both red and infrared lights. I spend 5 minutes standing in front of it. While I'm doing this, I practice a heart activation exercise. I focus on feeling grateful for my heart and its ability to beat and keep me alive.

If you haven't yet, I encourage you to read the book The Heart Math Solution by Howard Martin and Lew Childre. Inside the book, the authors talk about how accessing your heart's intelligence can improve your focus and creativity, lower your stress and anxiety levels, and strengthen your immune system.

Red light therapy helps your skin produce more collagen which is great for anti-aging. It also helps to increase testosterone for men. I've noticed great benefits from using this device, some of which include helping with muscle pain and reducing wrinkles.

8. Ask my primary question

We all have a question that we ask ourselves throughout our day. Oftentimes, people's primary question is negative. It may be, “Why am I not good enough?” or “Why can't I do anything right?” Whatever you consistently ask yourself is what you will focus on. In turn, that is what you will manifest in your life.

The primary question that I ask myself every day is, “How can I enjoy and appreciate my life even more, while feeling even more fully alive, growing and making a difference in the lives of others?”

The question presupposes that I enjoy and appreciate my life already which is important. On top of that, there is an emphasis on how I can expand and become more. I usually spend a few minutes reciting this question out loud and reflecting upon my answer.

9. Jump on my rebounder

A rebounder is like a mini-trampoline. I like to have my rebounder positioned in my office, along with my vision board, sports memorabilia, and inspirational photos. When I need a break from working I will hop on it.

While I'm jumping on my rebounder, I will look at my vision board and recite affirmations, while listening to music. Instantly, I get a boost of energy because every cell in my body is getting a workout.

There are so many health benefits to rebounding, some of which include improved circulation, digestion, and flexibility, increased endurance, and reduced back pain.

10. Practice my public speaking skills

I like to find incredible speakers who inspire me. I'll watch videos of their talks and study their verbal and non-verbal communication. From there, I'll pay someone to transcribe their talks. Once I have the transcriptions I'll print them out and practice saying the words from the transcript.

When I do this, I like to imagine that I'm speaking in front of a large audience. As I'm speaking, I'm focusing on strengthening my communication skills.

I'm emphasizing certain words and using my body language while speaking with emotion. Practicing and perfecting my public speaking skills translates to many areas of my life.

This is what the morning ritual of a millionaire entrepreneur looks like.

I wouldn't be the person I am today if it wasn't for my morning ritual. The empowering habits that I have created have transformed my entire life. For this reason, the mornings continue to be my favorite part of the day. Becoming a morning person isn't easy at first.

However, once you see the impact that a ritual has on every aspect of your life, you too will be addicted to feeling happy and healthy in your mind, body, and spirit.

If you need help kickstarting your healthy habits, I wrote a book called, 67 Morning Ritual Habits For Your Body, Mind, And Spirit. I have personally tested and utilized each of these rituals at different stages of my life.

If you are ready to develop an empowering morning ritual and start living every day with unshakeable confidence, passion, and energy, check out my Morning Ritual Mastery course. You've got nothing to lose and everything to gain by making yourself a priority every morning.

Do you want access to 21 rituals that will allow you to master your time, health, and energy? CLICK HERE to download my FREE Ritual Habits Cheatsheet!

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What It’s ACTUALLY Like Being Young Millionaires https://projectlifemastery.com/being-young-millionaires/ https://projectlifemastery.com/being-young-millionaires/#respond Tue, 10 Nov 2020 16:00:24 +0000 https://projectlifemastery.com/?p=12789 My fiancée, Tatiana, and I achieved huge success in our early 20s. Ready to discover what it's ACTUALLY like being young millionaires? Click here for more!

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Ever wondered what it's ACTUALLY like being young millionaires?

My fiancée, Tatiana, and I were blessed to achieve massive success in our early 20s.

Inside this blog, we share with you our perspectives on what it's like to be young millionaires.

There are a lot of benefits that come with achieving financial freedom. Becoming wealthy allows you to build your dream life.

However, there are some disadvantages to accruing wealth that I want you to be aware of.

If you're ready to hear the untold truths of the millionaire lifestyle, keep reading…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/6360472-plm-822-what-it-s-really-like-being-young-millionaires.mp3″ background=”default” ]

Do you want to build a 7-figure business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business can best help you achieve that goal!

How do you think a millionaire lives his or her life?

For a lot of people, a millionaire's lifestyle looks like traveling the world first-class, driving fancy cars, or living in a luxurious home. These are the ‘sexy' parts of being a millionaire. Don't get me wrong… making millions is amazing.

It affords you a world of opportunities. However, there's another side of wealth that is rarely talked about. That is what Tatiana and I want to share with you. Let's dive into the advantages and disadvantages of being young millionaires!

Advantages

1. Less Pressure To Make Money

At the beginning of every entrepreneur's journey, the focus is on hustling to make money. If you want to build a successful business, making money has to be important to you. If you want to create financial freedom, you have to be committed to building wealth.

However, once you've put in the hard work and are able to reap the rewards of success, you will feel less pressure to make money. Today, Tatiana and I are no longer preoccupied with the worry of making money. We have done the hard work to set ourselves up for financial freedom for the rest of our lives.

Now we can redirect our energy and focus on other areas of our lives that are equally, if not more, important than money. Some of these things include personal growth. relationships, health, and philanthropy.

By accelerating other aspects of our lives, our brain has been able to operate at a different level. We have more free time to grow and develop as people which, in turn, helps us continue to build a life of fulfillment. Once Tatiana and I became millionaires nothing about our lives really changed.

We didn't start living a millionaire lifestyle. It just meant that our bank accounts looked different. For us, being called a millionaire is just a label. It's important to remember that financial freedom is not just about finances. It’s about creating joy, happiness, and the ability to live an extraordinary life on your terms.

2. Freedom To Buy Whatever You Want

When Tatiana and I go out we don't have to think twice about how much something costs, unless it's a high-ticket item. As a result, we can experience the best of what life has to offer. Having these opportunities has enhanced our quality of life in so many ways. Money affords you the ability to get the maximum experience of life.

Let me be clear… money doesn't buy happiness. However, it does allow you to buy things, have unbelievable life experiences, and create lasting memories. Having a lot of money should never be the end goal. Instead, think of money as an enabler that can allow you to live almost any life you choose.

3. Contributing To Those Less Fortunate

Giving back to others has always been a core part of my mission in life. One of the greatest rewards of becoming millionaires has been our ability to contribute to the lives of others. To date, Tatiana and I have been involved in philanthropy projects around the world, specifically in Ethiopia, Kenya, India, and Ecuador.

Alongside the We.org team, which is an international development charity and youth empowerment movement, we have helped build schools and homes for families in developing countries. There is no greater feeling than knowing that the money we donate to a charity is going to help better the lives of those less fortunate than ourselves.

In the words of Andrew Carnegie, “I spent the first half of my life making money and the second half of my life giving it away to do the most good and the least harm.” When you're first making a lot of money, it's okay to reward yourself for your hard work. However, the excitement that comes with the pursuit of materialistic possessions wears off fairly quickly.

You receive so much more meaning in life from the act of contribution. We have been blessed with the gift of privilege which is why we believe that it is our responsibility to contribute and give back. As Tatiana and I get older, I know that philanthropy will become an even bigger part of our lives than it is now.

Disadvantages

1. Your Problems Don't Magically Go Away

A lot of people think that once they become a millionaire all of their problems are going to magically disappear. Sure, having more money will help your bank account, However, it won't fix your relationships, your weight, or your overall mental health. Nothing in your life will change unless you are willing to take responsibility and change too.

When you start making a lot of money, you have to be careful that you don't become greedy. The best advice I can give anyone who aspires to become a millionaire is to be mindful that you don't become too emotionally attached to money. Money isn't the end all be all.

I know a lot of millionaire entrepreneurs who are obsessed with making money. No amount of money is ever enough for them. As a result, they end up giving less attention to other areas of their lives, like their relationship, their kids, or their health. In my opinion, this is a very dangerous way to live your life.

They have their foot on the gas to pursue more money, at the expense of everything else. In the words of Wayne Dyer, “More is the mantra of the ego.” It's important to remain humble along your entrepreneurial journey. Once you reach financial freedom, you soon realize that money is just a means to an end. That truth will set you free.

2. It Becomes Challenging To Create Authentic Friendships

When people know that you are a millionaire, an energy shift takes place. They treat you differently. When we meet people for the first time, we rarely ever go out of our way to talk about what we do for work. Yes, sometimes this means that we have to withhold information about who we are, but it protects our emotional energy and peace.

We don't want people to be friends with us solely because they want our success secrets. We love to share our journeys of success. Both of us are very transparent on our YouTube channels because we want to help people succeed. However, when it starts to feel like people are taking advantage of us, it no longer feels good.

At the end of the day, we want people to like us for who we are and not treat us differently because of how much money we make. This is why both of us enjoy hanging out with our friends whom we've known for years. They don't treat us differently or look at us as millionaires. To them, we are just Stefan and Tatiana. Those are the types of people you want in your close circle.

3. One Million Dollars May Not Feel Like Enough To Sustain A High Quality of Life

Once Tatiana and I made one million dollars, naturally, we had the desire to have nicer things. However, having nicer things usually costs a lot of money. As an example, if you want to buy a big home in an expensive city, like Vancouver or Los Angeles, you're going to need way more than one million dollars to purchase it.

The same thing goes with wanting to purchase luxury cars or any other high-ticket items. Of course, everyone has different values, depending on the vision that they have for their life. If you are someone who wants the ultimate millionaire lifestyle experience, you have to set your expectations very high and follow through. You have to be consistently making one million dollars (if not more) every single year.

The best way to become super-rich is to invest your money in the stock market. If you make these moves at an early age, it is much easier to become a millionaire or a multi-millionaire in your early 30s. That being said, don't forget that it is never too late to get started investing.

This is what it's ACTUALLY like being young millionaires.

In today's digital age, there are so many opportunities to create financial freedom. If you have the desire to build an Amazon business, I encourage you to follow Tatiana's YouTube channel and Instagram page where she shares her best tips and strategies for success with eCommerce.

Money can improve every aspect of your life. However, in the end, it's not how much money you can make that counts. Rather, it's who you become along the way. Create a vision for the life that you want and then do the work to build your dream lifestyle. Anything is possible but only if you believe that it is.

Do you want to build a 7-figure business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business can best help you achieve that goal!

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5 Habits of Young Millionaire Entrepreneurs https://projectlifemastery.com/5-habits-of-young-millionaire-entrepreneurs/ https://projectlifemastery.com/5-habits-of-young-millionaire-entrepreneurs/#respond Thu, 05 Nov 2020 16:01:33 +0000 https://projectlifemastery.com/?p=12772 Highly successful people engage in similar patterns of behavior. Do you want to know the 5 habits of young millionaire entrepreneurs? Click here for more!

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I want to share with you the 5 habits of young millionaire entrepreneurs.

Success starts in your mind. If you want to be a millionaire, you need to start thinking like one.

My fiancée, Tatiana, and I were blessed to become millionaires at 24 and 27 years of age, respectively. Early on, we made smart life and business moves.

As a result, today we have achieved financial freedom.

If you're ready to start developing success habits that will help you build long-term wealth, keep reading…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/6286789-plm-821-5-habits-of-young-millionaire-entrepreneurs.mp3″ background=”default” ]

Are you ready to build a successful online business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business is best for you!

Everyone has the potential to become an entrepreneur

In today's digital world, there are so many opportunities to make money online, whether that's selling physical products on Amazon, doing affiliate marketing, or being a Kindle book publisher. What is even more incredible is that you don't need a college degree to become a successful entrepreneur.

Don't get me wrong… a college degree is needed for certain careers. However, entrepreneurship is not one of them. A SurveyMonkey small business survey shows that independent business owners without a four-year degree now outnumber those with a bachelor’s degree or higher. 

Tatiana and I are both self-taught entrepreneurs. Choosing this path wasn't easy, but our drive to succeed overpowered every obstacle. Building an online business requires discipline, persistence, grit, sacrifice, and a lot of hard work. At an early age, when our friends were drinking, going out, and having fun with friends, we were building our businesses.

The payoff from our efforts has been well worth it. Today, we have the luxury of financial freedom. Keep in mind that entrepreneurship is not for everyone. At the end of the day, it depends on how bad you want success.

Highly successful people engage in similar patterns of thinking and behaving. Let's talk about the 5 habits of young millionaire entrepreneurs. Both Tatiana and I modeled these habits from successful people whom we looked up to when we were in our 20s.

1. The Habit Of Delayed Gratification

Young people have more time on their hands and fewer responsibilities than adults do. Yet, they aren't always aware of this reality. Practicing self-control and being a teenager sounds like an oxymoron at best. Unfortunately, we live in a society where young people are conditioned to be impatient.

Avoiding a temptation that’s standing right in front of you so that you can hold out for something substantially better down the line can be challenging. However, if you cultivate the habit of delayed gratification early on, it will eventually become second nature to you.

Don't get me wrong, it's still important to have fun when you're young. However, if it's at the expense of building your future, you need to rethink your priorities. In our 20s, Tatiana and I spent most of our time focused on personal growth and building our online businesses.

We purposefully planned our lives, delaying short-term gratification for long-term rewards. Research shows that people who learn how to manage their need to be satisfied in the moment thrive more in their careers, relationships, health, and finances than people who give in to it.

Use your time wisely. Invest in your personal growth, make smart decisions, and build your self-discipline. Your future self will thank you for it. 

2. The Habit Of Self-Improvement

Unfortunately, the traditional education system is not designed to help young people become millionaires. If you want to become a millionaire, you need to become an entrepreneur.

However, you won't learn how to be a successful entrepreneur by taking a business course at college. Instead, you have to learn from people who have already achieved the success that you desire. You are the number one resource in your life. The fastest way to succeed is to commit to being a student of life. 

This is why I'm a big believer in learning something new every single day. Tatiana and I are always trying to shorten our learning curve by learning from other peoples' successes.

This is how you compress time and achieve success at a much faster pace. Read a book every day, listen to inspiring podcasts, invest in courses, hire a coach, find a mentor, attend seminars – anything that will help you develop a success-oriented mindset. The greatest investment that you will ever make is an investment in yourself.

You never lose when you work on your personal growth and development. In the words of Warren Buffett, who is one of the richest men in the world, “The more you learn, the more you earn.”

3. The Habit Of Taking Action

Younger people tend to be more open-minded and flexible. As people get older, they start building belief systems that aren't always advantageous. Sometimes they become more rigid in their thinking, which inhibits them from taking action. They wait for the perfect time to take action, failing to realize that there is no perfect time to do anything.

Interestingly, one of the reasons why Tatiana was able to become successful at such a young age was her naivety. When she was told to do something by someone she trusted and respected, she took action. She didn't question why something wouldn't work.

This mindset served her well, especially when it came to building her online business. She was a sponge, meaning that she was very curious and was driven to seek out and absorb new knowledge. Today, she has built a 7-figure business herself, helping people create financial freedom through building an eCommerce business on Amazon & Shopify.

If you have the desire to build an online business, I encourage you to follow her YouTube channel and Instagram page where she shares her best tips and strategies for success with eCommerce.

Be an action taker AND a finisher. Dabbling is a bad habit. If you want to be successful, you have to take focused action over a continuous period. This is how you build momentum and create long-term results.

4. The Habit of Contribution

The definition of an entrepreneur is someone who solves people's problems at a profit. The only way that you become a millionaire is by receiving money from others. The only way you receive money from others is by contributing to their lives in an empowering way.

You have to be creative and think outside the box. Create a unique product or service that adds massive value to your audience. Your income is in direct proportion to your contribution. If you want to make millions of dollars, find ways to impact millions of people, or solve the problems of millions of people.

As an example, both Tatiana and I have found ways to add value to millions of people on YouTube. Because of that, we have been rewarded financially. We have leveraged the power of the Internet in such a way that we've been able to scale our online businesses to 7-figures.

In our experience, if you help enough people get what they want, you will eventually get what you want. Take the focus away from yourself, get into the mind of your audience, and determine what their pain point is. Create a product that is so irresistible for them that they are willing to give you money in exchange.

Make your audience feel that they are getting so much more value than what they are paying for. If you can do this, you'll create raving fans and money will naturally flow into your life.

5. The Habit Of Goal Setting

By nature, young people are more inspirational and optimistic about the future. If you're young, use this mindset to your advantage! Set goals for yourself and create a compelling vision for your life. Get clear on exactly what it is that you want your future to look like.

Goals give you a sense of direction. However, your habits are what will determine how far you go and who you become. With so many of your actions controlled by your habits, it makes sense to focus your attention on building habits of success, equally as much as you set goals.

A lot of people fall into the trap of setting unrealistic goals. Not surprisingly, they get disappointed in themselves when they come up short. In turn, they may drop their goals altogether.

When it comes to goal-setting, I suggest that you break down your goals into smaller, manageable pieces and tackle one at a time. Create a list of actionable steps that you will need to take to ensure that you achieve every goal that you set for yourself. 

These are the 5 habits of young millionaire entrepreneurs.

If you want to build long-term wealth, focus on building these million dollar habits into your daily life. Be willing to do the work to upgrade your mindset. Foster healthy ways of thinking and behaving that condition you for success.

Anyone can become a millionaire, but not everyone is willing to do what it takes to become one. Achieving success of any kind always comes down to how bad you want it.

It's time to get real with yourself… how bad do you want to become a millionaire?

Are you ready to build a successful online business and become a millionaire? CLICK HERE to take my FREE quiz to determine which business is best for you!

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How I Built 7 Income Streams That Make Me $200,000+ Per Month https://projectlifemastery.com/income/ https://projectlifemastery.com/income/#respond Fri, 13 Mar 2020 15:00:13 +0000 https://projectlifemastery.com/?p=12118 An online business is the fastest route to financial freedom. Curious how I built 7 income streams that make me $200,000+ per month? Click here for more!

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I have multiple streams of income in my business.

In today's volatile economy, diversification is key. Simply put, more income streams equal more security.

If you have the desire to create financial freedom, building passive income streams is the best way to achieve that goal.

Whether you want to diversify your income or add a new income stream to your business, I want to give you some ideas for how you can do this.

Ready to discover how I built 7 income streams that make me $200,000+ per month? Keep reading!

Watch the video below:

(Click here to watch on YouTube)

Do you want to learn which online business is best for you? CLICK HERE to get instant access to my FREE online business quiz!

Having multiple income streams is a smart business move.

Unfortunately, a lot of people only have one stream of income, which comes in the form of their 9-to-5 job. The problem with living this way is that, if you end up losing your job, you will be out of work entirely. For this reason, I believe that being reliant on one stream of income is a risky decision.

Successful people generate their income from multiple sources. Over a five-year-long study of the daily habits of 233 wealthy individuals, Tom Corley found that 65 percent of self-made millionaires had three streams of income, 45 percent had four streams of income, and 29 percent had five or more streams of income. This study proves that the more assets that you have, the more success that you can achieve.

Let's dive into the 7 income streams that I've built that make me $200,000+ per month.

1. Investment Income (Dividends)

This type of income is passive, meaning that you don't have to manage it. Out of all of the different streams of income, you will be taxed the least on this source of income. Plus, there is a huge tax advantage to investment income.

I like to invest in blue-chip companies and bank stocks. They are secure, meaning that they have been around for several decades. In my stock portfolio, I own everything from bank stocks, to ETFs, REITs, and bonds. Not only do these stocks appreciate as the economy does better, but the dividends that they pay out are great.

This is one of the many reasons why this is my favorite source of passive income. Keep in mind that an investment stream takes time to build. Hence, you have to be committed to the process and have a long-term mentality.

2. YouTube Ad Revenue

I've been a YouTuber for 8 years now. This stream of income isn't passive. However, it continues to be one of the most fulfilling ways for me to connect with and build an audience. One way that I make money from YouTube is through YouTube ads. If Google ads turn on monetization for my YouTube videos, and someone watches the ad and clicks on it, I make money from it.

I have certain videos that consistently bring in a couple of thousand dollars every single month. If you are someone who wants to create impact and help others, and you have the patience to build a YouTube channel, this is a great stream of income.

3. Affiliate Marketing

This is one of my favorite streams of income. Affiliate marketing is the process where you share someone else's product or service and earn an affiliate commission from it. I am a consumer who is committed to life mastery. The one thing has allowed me to create progress in every area of my life has been self-development. When I come across things that benefit me, I am inspired to share them with people on my blog, Instagram and YouTube channel.

It just so happens that a lot of these resources have free affiliate programs. When I join them, I receive an affiliate link. I can use that link to share resources with others. If someone decides to purchase something using my affiliate link, I earn a commission from it.

The reason why affiliate marketing is so great is that you don't have to create a product yourself. Rather, you just have to focus on getting traffic and building an audience. If you're interested in learning more about affiliate marketing, I've got a course called Affiliate Marketing Mastery.

In this course, I teach you how to build a 7-figure affiliate marketing business. Before signing up, you can join my free masterclass where I show you how you can get started as an affiliate marketer.

4. Book Publishing 

Compared to other business models, book publishing is an easy and inexpensive way to make passive income. Anyone can self-publish a book on Amazon. All you need to do is set up a free KDP account. Within 24 hours, your book can be published on Amazon.

I'm launching a new program called Mastering Book Publishing that will provide you with a proven step-by-step system for publishing books on Amazon. I've published a bunch of self-development books. Many of these books have been transcribed from content that I've already created on my YouTube channel and my podcast.

If you enjoy writing, Kindle publishing is a great business model. However, keep in mind that it is difficult to make a lot of money from publishing books. They are low-ticket products. The opportunity to make money from books comes from building out your back end.

I use my books to funnel people back into my business, Project Life Mastery. This is how I make more money from my online courses, affiliate marketing, and/or physical products. If you're a newbie to the online business world, book publishing is a great income stream to get started with.

5. E-commerce (Amazon FBA & Shopify)

I've been selling on Amazon for many years now. Being an Amazon seller is a hot trend because a lot of people trust Amazon. If you want to be behind the scenes, Amazon FBA is a great business model. There's also a greater potential to make money with an e-commerce business, on both Amazon FBA and Shopify.

My fiancée, Tatiana James has built a very successful brand called, Luxx Curves. She sells waist trainers on Amazon and Shopify. Today, she makes $150,000 per month with great profit margins. She started her e-commerce journey with zero business experience, proving that anything is possible if you are committed to the process.

If you want to learn more about selling on Amazon, I created a free Amazon FBA training course that teaches you, step-by-step, how to leverage the massive power of Amazon to generate financial wealth and freedom.

6. Online Courses

Although this is one of the most lucrative ways that I make money online, it is not a beginner-friendly income stream. Typically, I encourage people to launch online courses only once they have built up their audience, sold books, or had success with affiliate marketing. I started my journey as a YouTuber, giving away free information online.

Over time, people started asking for in-depth training in the form of courses. This is why I started developing online courses in the first place. There was a demand for it. One of the first courses I created is called Morning Ritual Mastery, which is a 7-day training that teaches people how to create an empowering morning ritual.

Another course I created is called Life Mastery Accelerator. This is a monthly membership where I coach people, live, every month, on how to master every area of their lives.

I also have an Online Business Mastery Accelerator course which provides people with monthly cutting-edge business and marketing strategies to grow their online businesses.

7. Coaching and Masterminds

I host an Online Business Mastery Mastermind twice per year where I coach people on how to build successful online businesses. These are opportunities for people to work closely with myself and Tatiana. We have both built multi-million dollar companies and offer a unique blend of skills, knowledge, and experience.

Coaching and masterminding requires that I trade my time for money. This is why I have to be very selective about who I work with and how much money I charge people to attend my events. I receive so much value from working 1 on 1 with people and I will continue to do so as long as time permits.

This is how I built 7 income streams that make me $200,000+ per month.

Watch the video above where I do a screen share and show you my finances and give you an in-depth look at the ways that I make money online.

If you want a more in-depth look at the 7 business models that made me an Internet millionaire in less than 3 years, I encourage you to check out the free business course that I developed. The best advice that I can give you is to start with one income stream, master it, and then add more income streams over time.

Simplify and focus on what will make you the most profit in your business. More importantly, choose something that you're passionate about. This will ensure that you stay committed to building the business model of your choosing.

Do you want to learn which online business is best for you? CLICK HERE to get instant access to my FREE online business quiz!

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How I Paid Off $15,000 In Credit Card Debt, Then Became A Millionaire https://projectlifemastery.com/credit-card-debt/ https://projectlifemastery.com/credit-card-debt/#respond Wed, 11 Mar 2020 15:00:28 +0000 https://projectlifemastery.com/?p=12113 Money management is the key to success in life. Want to know how I paid off $15,000 in credit card debt, then became a millionaire? Click here for more!

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Credit card debt is the worst kind of debt to be in.

I speak from personal experience. When I was in my 20's, I racked up $15,000 in credit card debt.

Clearly, I had no idea how to manage my money effectively.

It was only once I got real with myself and changed my bad money habits that I was able to get out of debt and become financially free.

If you're currently in debt, I want to help you. Ready to discover how I paid off $15,000 in credit card debt, then became a millionaire?

Watch the video below:

(Click here to watch on YouTube)

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Do you want to know which online business is best for you? CLICK HERE to take my FREE online business quiz!

There is nothing fun about debt.

The more that you ignore it, the worse that it gets. If you're in debt, you need to know that you're not alone. On average, each U.S. household with a credit card carries $8,398 in credit card debt and the average credit cardholder has at least four cards.

The first step to getting out of debt is understanding why you're in debt in the first place. Self-awareness is the key to changing anything in your life. If you don't learn from your debt experiences and take ownership of your choices, you will continue to make the same money mistakes.

In my personal life, I identified 3 reasons why I got myself into credit card debt in the first place.

First and foremost, I was living above my means. I was spending more money than I had coming in. Anytime that your expenditures are higher than your income, you will fall into debt. Secondly, I wasn't managing my money. I lacked awareness of where my money was going. In effect, I was digging myself into a hole.

Thirdly, I was avoiding the reality of my situation. I knew that I was in debt, but I avoided it because it was painful. It wasn't until I embraced the pain and hit an emotional threshold that I was finally ready to change my financial situation and formulate a plan to get myself out of debt.

Here are the steps that I took to get myself out of credit card debt.

1. I did a balance transfer

Credit card companies want to acquire you as a customer. This is why some companies will incentivize you by giving you a very low-interest rate to transfer your balance from one credit card to another. This is an opportunity for you to save some money and make sure that you're not paying a huge amount of interest on your credit card. In order to find these credit card companies, do a search on Google for the keyword, “credit card balance transfer.” This really helped me get ahead.

2. I learned how to manage my money

In particular, I started tracking everything that I was spending – all of my income and expenses. I stopped paying for things in cash because cash is hard to track. Instead, I used my debit card or credit card for every expense. Every week on a Tuesday I would log into my online banking and track everything that I was spending in an excel spreadsheet.

I looked at how much money I had coming in every single week and month. Then I started tracking all of my expenses, everything from rent to car payments to groceries. Every week I would update this spreadsheet.

Once I became aware of what my spending habits were, I was able to figure out where I was spending too much money. This is how I started to become a good money manager. It felt so empowering to be in control of my finances.

3. I started to create a budget and eliminate expenses

Once I realized that I was in a negative deficit every month I knew that my lifestyle had to change. I started creating a budget so that I wouldn't overspend. I looked at every single expense that I had in my spreadsheet and I asked myself the question, “How can I reduce this or eliminate this expense altogether?”

For example, I looked at how much money I was spending on my rent. At the time, I really loved my downtown Vancouver apartment. However, the reality was that I couldn't afford to live there. I was living a lifestyle that I hadn't earned yet. My options were to downsize my apartment, move back home, or find a roommate. I chose the third option. I lived on my friend's couch for one year and I paid him $500 per month. That's how I chose to save money.

It was very challenging and embarrassing at times. However, I accepted the fact that I had to make that sacrifice so that I could pay off my debt. Secondly, I sold my 1989 beat-up Honda Civic. I got $1,500 for my car and I started taking the bus. Doing so saved me a lot of money on fuel. Yes, it was really inconvenient but it forced me to start listening to audiobooks. I did all of this so that I could have some positive cash flow.

4. I found ways to make more money

I embraced any opportunity that would get me out of debt, even if that meant having two or three jobs. First, I started doing physical labor work. Not only did this job allow me to get into great shape, but I was also able to make some great money. That being said, this type of work was very hard on my body. I gave up my weekends when all of my friends were partying and invested that time into making extra cash flow.

On top on that, I also started doing freelance work as an online marketer.

Lastly, I decided to build an online business. I took advantage of self-education and learned from the people who had already achieved what it is that I wanted. In short, I was willing to invest my money into assets that could appreciate over time. Over time, I created multiple streams of passive income. Eventually, I paid off all of my debt. I can't tell you how good it feels to be debt-free.

This is how I paid off $15,000 in credit card debt, then became a millionaire.

I hope the steps that I've shared inspire you to get yourself out of credit card debt. I encourage you to look at your debt as a blessing. If you are willing to do anything and everything to get rid of it, I promise that your entire life will change for the better. The quicker that you become debt-free, the quicker you can start creating financial freedom and living the life that you've always dreamed of.

Do you want to know which online business is best for you? CLICK HERE to take my FREE online business quiz!

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