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S9 W4 E1-4 The Millionaire Mindset of Successful Coaches and Consultants

11/4/2022

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Guidance to Wealth - The Millionaire Path for Coaches & Consultants

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S9 W4 E1-4 The Millionaire Mindset of Successful Coaches and Consultants

THIS WEEK’S THEME TITLE - The Millionaire Mindset of Successful Coaches and Consultants

This week we are going to talk about The Millionaire Mindset of Successful Coaches & Consultants. You will want to listen to the next four episodes because they will give you a roadmap of what it takes to develop the mindset, its importance, and how you can write & create your own Millionaire success story
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E1 What is Wealth Mindset?
What exactly is Wealth Mindset & I believe that it is the foundation of a successful Coaching & Consulting business. 

Average coaches are earning in 5 figures ranges, now some of those who have been in business for over 15 plus years are averaging $120,000 but most new coaches are struggling. 

Then there are quite a few who have crossed six figures, some seven figures, and very few in eight-figures.

The question is what is the difference?.
Is it education? knowledge, network, connections, doing multiple things, or a combination of all or some.

From my perspective, the foundation of all this is how their mindset is conditioned. 
Do they have a wealth mindset or a poverty mindset, I know most have a growth mindset and not a fixed mindset but their beliefs and conditioning start to hinder them, many times without being aware of it. 

Rarely will a successful person say that there is one thing that made them successful. Instead, they‘ll cite their mindset as one of the main reasons for their success.

A wealth mindset is made up of beliefs, habits, behaviors, and attitudes that separate the wealthy from the rest of society. A wealth mindset will help you make the most of the resources you have.

Now it doesn't come easily. A wealth mindset means saving money, investing wisely, and seeking ways to improve your financial standing with minimal risk but the good news is you can develop this mindset if you're willing to put in some time and effort.

The opposite of a wealthy mindset is a poor mindset. Most people who have this “poor mindset” don’t realize that they have it. 

A poor mindset is having any of the following thoughts: thinking that making money is wrong, that you can earn money without working hard, that you'll never get out of debt, or that it doesn't take the right skills to increase your cash flow.

This mindset will undermine your financial goals and will actively drive them away unless you work to counteract them.
Are you aware of the beliefs that are running you on autopilot?

You need to program yourself with the Right Mindset for the attainment of wealth. Once you have the right beliefs established, you will then be performing the right actions, and you will be on your way to successful wealth generation. 

Tags: wealthy mindset, millionaire mindset, wealth mindset, wealth, mindset of wealthy, mindset, wealth building mindset, wealthy mindset motivation, create a wealthy mindset, rich mindset, wealth mindset mastery, wealth mindset training, mindset of high achievers, mindset motivation

 
Connect with Raj, visit www.RajKapur.com 
Email: raj@rajkapur.com 

​
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E2
Developing your Mindset for Wealth

The great news is that one is not just born with a Wealth Mindset, if you are born with it, well that is great, but most are not, but the great news it that it can be developed. 

Millionaires have their own way of thinking that makes their success possible. If you want to develop a millionaire mindset for yourself, then you need to start thinking like one.

A person’s mindset can be defined as “the set of beliefs a person has about themselves.” There are two basic mindsets that control how most people see themselves—the fixed mindset and the growth mindset.
​
  • Fixed mindset: those who believe that their intelligence and qualities are unchangeable attributes 
  • Growth mindset: those who believe that basic qualities, skills, and intelligence are things they can cultivate through effort and perseverance

The key to a growth mindset is the belief that you can develop yourself. Those with a growth mindset believe in progress, and see challenges as an opportunity for learning and stretching themselves. 

Growing yourself will set you on the path to true success, and you will guarantee a better tomorrow for yourself and your business.

You should always be looking for ways to improve yourself via your growth mindset.

From that point of recognition, you need to start recognizing what develops a wealthy mindset and what doesn't. Wealth is not just about having money. It is about having a mind which welcomes wealth into its realms.
​
  1. Define Your Desired Wealth
  2. Create Actions & Behaviors that Reinforce Your Mindset
  3. From Actions and Behaviors create Millionaire Habits
  4. Alliance with Like-Minded People
  5. Read material that will influence your mind in a positive way.
  6. Vision of your Dream Life

TAGS:mindset, money mindset, wealth, change your mindset, wealth mindset change your life, millionaire mindset, reprogram your mind for wealth, abundance mindset, develop a wealth mindset, how to develop a wealth mindset, how to develop a wealthy mindset, how do i develop a wealth building mindset?, wealth mindset, wealth mindset change, wealthy mindset

Connect with Raj, visit www.RajKapur.com 
Email: Raj@rajkapur.com 

​
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E3 The Importance of Success Mindset
The ability to take RISK. 
If your mindset is always of safety you will have a major problem being an entrepreneur. 
The ability to Fail and get up from that. 
The ability to face criticism and a mind tightly guarded against that - what will people say if I fail?

Getting up after a so-called failure. Learning from and seeing that you failed but fail forward

You don't have to be lucky, you need to create your own luck
Luck has nothing to do with being successful. Thinking it does is just an excuse that prevents you from achieving success.

You charge for what you are delivering…
Getting rid of the Imposter Syndrome
You serve as a role model.
With a growth mindset, You will never be bored.
It enables you to dream big.

TAGS:mindset, success, importance of success, importance of mindset, the importance of having the right mindset, success and the importance, the importance of an entrepreneurial mindset in the trades, importance of personal growth, growth mindset, mindset of a champion, psychology of success, mindset of high achievers, fixed mindset, money mindset, set your mind for success, entrepreneur mindset
Connect with Raj, visit www.RajKapur.com 
raj@rajkapur.com 

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E4 Your new Millionaire story
​

As a coach and consultants, we are entrepreneurs. So before we proceed let us first talk about what is an Entrepreneur.

An entrepreneur is an individual who creates a new business, undertakes the risk of starting a new business venture, and enjoys most of the rewards.

The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

What does it mean to be an entrepreneur? It's more than being a business owner; it's a perspective and a lifestyle.

Now Entrepreneurship is high-risk, but also can be high reward as it serves to generate economic wealth, growth, and innovation.

While some entrepreneurs are lone players struggling to get small businesses off the ground on a shoestring, others take on partners armed with greater access to capital and other resources. In these situations, new firms may acquire financing from venture capitalists, angel investors, hedge funds, crowdsourcing, or through more traditional sources such as bank loans.
Most new Entrepreneurs start in this phase. 

What does an entrepreneur do?

An entrepreneur identifies a need that no existing business addresses and determines a solution for that need. Entrepreneurial activity includes developing and launching new businesses and marketing them, often with the end goal of selling the business to turn a profit.
Although the term "entrepreneur" is often associated with startups and small businesses, and founder of a successful household-name business began as an entrepreneur.

So what is your Millionaire Story? 

Well, develop one for yourself as you move along the journey as we understand the success mindset, an abundance mindset. 

We see that in nature everything is in abundance, it is our mind that sets the limits. The limits are coming from our own upbringing, the events in our lives, what we have experienced, and how we interpreted it builds our mindset.

So a few things to start this thinking pattern

Who can you find, where can you go who would pay you three, four, five times the money you are making now.

Work on your attitude - start to live with an attitude of a millionaire, the thinking of a millionaire, by that I do not mean go out and start spending on luxury items you cannot afford but start to develop your mindset towards the lifestyle of millionaires. 

You need to start being aware of your thoughts, what you are thinking day in and day out, are your thoughts of a pauper or a king. Start being aware.

Create your philosophy for financial independence. For everyone, it is going to be different. 

As Jim Rohn had said and I live by this philosophy 

We suffer one of the two things, either the Pain of discipline or the pain of regret. You’ve got to choose disciple versus regret because discipline weighs ounces and regret weighs tons. 

What do the next 10 years look like for you if you don’t take action now, how would that feel if you are still in the same place as now? Give it a deep thought a very serious thought. 

Set a goal to become a millionaire for what it will take you to achieve it. 

I will give you a KEY here; think of the transformation you will be able to bring to your client, how it will save them time, save or better their job or business, save their marriage or make it better and so on depending upon your expertise. After envisioning that transformation what would you be willing to pay for a service like that, what value would you be able to put on that, and that should give you a starting point. 

Create a Success Timeline
Create the belief that success is possible for you.
Love what you do.
Be solution-focused.
Be growth oriented
Continually up your Leadership skills


TAGS: millionaire, how to be a millionaire, millionaire lifestyle, how to become a millionaire, millionaire motivation, how i became a millionaire, young millionaire, millionaire steps to success, millionaire secrets,from 0 to millionaire, become a millionaire, millionaire mindset

Connect with Raj, visit www.RajKapur.com 
Make sure you leave some thoughts in the comment section below. We are interested in continuing the conversation.

​
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