What separates billionaires from you is primarily their mindset.
There are 15 billionaire lifestyle attitudes that could make you wealthy.
Few people get a glimpse into a billionaire’s mind and how they think.
It is a rare moment, and when it happens, there is much to be learned.
Billionaires have a positive attitude in adverse situations.
They see failure as a teachable moment and a catalyst to make adjustments to try again.
Ray Dalio is an American businessman and founder of Bridgewater Associates.
Bridgewater is one of the world’s largest hedge funds.
In 1975, four years after graduating from college, Ray started Bridgewater Associates from his apartment in New York.
Today Ray’s net worth is over $15.4 billion and growing.
Ray says that meditation was central to his success and sees life and business through a unique lens.
What sets Ray’s mind apart from you?
The billionaire’s mindset is the differentiator.
What is it that separates the wealthy from those who aspire to be rich?
What about the super-wealthy, the billionaires like Jeff Bezos and Warren Buffet?
And by super-wealthy, I mean people who have accumulated a level of wealth that seems almost beyond human comprehension.
The way you think and the thoughts you experience daily determine whether you accumulate wealth over time.
Without a success mindset and beliefs designed for creating wealth, you’ll never create the riches you dream about.
This success foundation separates the wealthy from the rest of the world.
The foundation established in your mind is always the first step.
Now I’m not saying that if you simply develop these mindsets that instantly you’ll become a billionaire.
Accumulating any sort of wealth requires that you take action.
Your first level of action would be to check out the wealth system we recommend in the description section below.
For wealth to manifest in your life, you need to first set up a solid foundation in your mind.
I want to give you 15 wealth mindsets that all billionaires share.
Wealth mindset #1 is not viewing failure as failure.
Billionaires do not believe that the game is over when they encounter failure.
Instead, they view failure as a stumbling block to success.
A stumbling block that provides opportunities to learn what not to do next time.
All billionaires have failed numerous times in their quest to accumulate wealth.
They viewed each failure as a learning opportunity to help them achieve their dreams and their goals.
Henry Ford summed it up best when he said, “Failure is just a resting place. It is an opportunity to begin again more intelligently.”
Wealth mindset #2 is that billionaires don’t believe in giving up.
Billionaires are persistent to the point of being obsessive and crazy about achieving their goals.
It’s this mindset that helps them get to where they are today.
They are committed to achieving their vision and goals and won’t give up until they accomplish them.
They might change their strategy for achieving their goals, but they never give up on achieving the actual goal.
Steve Jobs of Apple once said,” I’m convinced that about half of what separates successful entrepreneurs from the non-successful ones is pure perseverance.”
Wealth mindset #3 is to think and dream big.
If you don’t establish a big dream, then you are never going to achieve it.
If you want to become a billionaire, you need to set your sights high.
Then work hard and smart to make your dreams a reality.
In the words of Donald Trump, “I like thinking big. If you’re going to be thinking anything, then you might as well think big.”
Wealth mindset #4 is to develop an empowering mindset about wealth.
The mindset you have about money is the foundation for accumulating wealth.
Wealthy people have an empowering mindset about money.
They believe that wealth is a good thing.
They are comfortable with money and feel good about spending it.
In fact, they love money because of all the good it can do for their families.
If you don’t develop an empowering mindset about wealth, you’ll never accumulate it.
Wealth mindset #5 is believing that you have the power to create your financial destiny.
A billionaire believes that they can create their future using a combination of positive thoughts followed by massive action.
This is a big difference compared to ordinary people who wander through life believing that life just happens to them.
The poor believe that they must ‘accept their lot in life.’
But the super-rich don’t believe that they must accept whatever life throws their way.
They believe that they control what happens in their world.
Wealth mindset #6 is to take responsibility for your results, whether good or bad.
No matter if they experience failure or success, billionaires take responsibility for their results.
Even when they experience failures and setbacks, they accept that it was their fault.
They don’t do it because they like it.
They do it because psychologically, it acknowledges that they also have the power to turn a negative into a positive.
Wealth mindset #7 is to stop believing that you must play it safe to build wealth.
Billionaires play the money game to win.
This doesn’t mean that they are reckless with their money.
They don’t approach opportunities with a mindset of not losing what they have.
Instead, they try to find ways to become rich, even if that means they might lose money.
Losing money doesn’t scare them.
Wealth mindset #8 is knowing that there is an abundance of wealth in this world if you provide massive value.
Billionaires know that there is wealth everywhere in the universe.
They understand that they can accumulate wealth only if they provide massive value to other people.
They believe that there is enough for everyone.
This is in stark contrast to ordinary people who believe that money is hard to come by.
Wealth mindset #9 is knowing that your IQ and education can’t stop you from being rich.
Money doesn’t care about educational qualifications, credentials, or IQ.
Money comes to those who find opportunities and create value.
Billionaires know and believe that this is how to accumulate wealth.
They know that the market determines where wealth goes.
If you can tap into that opportunity, then you can create wealth.
Wealth mindset #10 is believing that wealth will come to you if you help other people.
If you help enough people solve a specific problem and do it on a large enough scale, you can create more wealth.
Billionaires know and believe that if you help enough people get what they want, you can create massive wealth.
Jeff Bezos is worth $175 billion because he created a company that can deliver common and uncommon goods to your front door in 2-days.
Amazon saves people time, and time is a valuable asset.
We know that billionaires are a unique type of people.
We have just 5 more wealth mindsets to cover, so stay with me.
Wealth mindset #11 is that Billionaires think deeply.
One of the most impactful billionaire mindset traits is that they think on a colossal level.
Billionaires are not thinking, “I want to make another billion dollars.”
They are thinking deeply about everything that might net them their next big investment deal.
For example, a billionaire may ask, “How can people get more free time?”
That’s a profound question that generates more questions such as:
What do people do most of the day?
How much time do they spend not at the office?
What are they doing instead of working?
How much time is spent preparing food and cleaning up after the meal?
What do people dislike about cooking?
It is not so much thinking big, but rather thinking deeply.
Wealth mindset #12 is that Billionaires keep optimistic company.
One trait that is crucial to having and maintaining a billionaire mindset is to keep good company.
If you hold council with negative people that don’t have a vision for the future, you will begin to mirror those traits.
If you have a supportive circle that pushes you to fulfill your goals, you will most likely succeed.
It is better to focus on spending time with people who engage in positive activities.
This is critical so that when failure hits, you will have a circle of successful people to learn from in order to succeed down the road.
Wealth mindset #13 is that Billionaires create their own destiny.
Hopefully, you spend your day thinking about how to make your future brighter.
This is what billionaires do because they never settle for good enough.
Billionaires genuinely believe they make their own destiny, or future, based on the decisions they make.
This projection of energy into the future leads them toward action, consciously and subconsciously, to accomplish future goals.
Former world heavyweight boxing champion Muhammad Ali, one of the greatest fighters of all time, pictured himself winning long before stepping into the ring.
Wealth mindset #14 is that Billionaires turn failure into success.
I’m sure that you’ve heard of the old expression, “turn lemons into lemonade.”
If you want to be successful in your professional and personal life, you must follow this principle.
When you make failure a positive, you increase your chances of success in anything that you do.
Not all billionaires have success right out of the gate.
It is failures that teaches success.
Failure also serves as a teachable moment for mentors to step in and help point out the positives of the failure.
For example, billionaire Richard Branson has had several failures on his path to 10-digits.
You may not remember this, but Branson launched a soda company called Virgin Soda, a Coke and Pepsi “competitor” that failed miserably.
Branson learned to only go into businesses where he would have an advantage over the competition.
He then went on to do some amazing things, like Virgin Mobile.
Wealth mindset #15 is that the Billionaire Mindset is the Broke Mindset.
I know this sounds strange, but let me explain.
When it comes to investing, billionaires actually have a broke mindset.
They can easily invest in a new startup they feel has potential, but many won’t.
Instead, billionaires prefer to harness their inner frugality in order to become creative.
For instance, instead of investing a million dollars into a new business venture, they may ask the question, “How can I invest in this company without actually investing.”
In other words, they try to invest with other people’s money as if they were broke.
They could easily use their only cash, but why do that if you can use someone else’s cash?
This is the broke mindset successful entrepreneur and investor Daymond John highlights in his book, The Power of Broke.
All billionaires share these 15 mindsets about wealth that ordinary people don’t.
Adopting these mindsets doesn’t guarantee that you’ll become a billionaire in your lifetime.
These mindsets will create a foundation in your mind from where you can begin accumulating wealth.
Ultimately, it is up to you to change your circumstances.