Why don’t more people become wealthy?

If you’ve been following my blogs you’ll know I believe true wealth has nothing to do with how many properties you own or how much money you have – it’s what you’re left with after you take all that away – your family, your friends, your health, your spirituality your contribution to society.

But today let’s talk with you about the decision to be wealthy in terms of “money” and why, in my opinion, so few people ever truly build the wealth they crave.

I’ll begin with a statement that may offend you, but it’s one that I think is absolutely true and utterly critical if you want to build wealth or a significant property portfolio.

Here it is:

Most people fail financially because they’ve never made the decision to be wealthy.

Silly, obvious, insulting, yet in my experience completely accurate.

I truly believe that unless you make the concrete, definite decision to be wealthy you’ll probably never build a fortune.

I’ve got a client who came to Wealth Retreat  a couple of years ago (that’s the full-blown 5 day-long event we hold each year).

He had previously set a goal to be a millionaire by age thirty and hit it.

But when we had a selection interview he shared with me that in retrospect he wished he would have set a goal to create a $5 million or $10 million net worth, not just a million.

Why?

Because it’s not that much harder to create a $5 or $10 million net worth than it is to create a $1 million net worth.

All it takes is a clear decision and consistent action to back that decision up.

And it takes just as much effort to build a $500,000 net worth as it does a $50,000 net worth.

Fortunes are not built through “hard work”, they are built through “smart work”.

This is why I say that most people have never made the decision to be wealthy.

They settle, and having settled they find a host of reasons for why they can’t be wealthy.

Note: I’ve had the privilege of talking with thousands of wealth builders over the last decade — teachers, students, doctors, lawyers, entrepreneurs, employees, investors — and I can tell you that 9 out of every 10 people I meet the dream of being wealthy, desire to be wealthy, hope they will become wealthy, but — and this is an awful big but — they have never really made the absolute decision to be wealthy.

Only 1 in 10 have decided to become wealthy

While wealth doesn’t come automatically for these rare 10 percenters, it does come to them ten times more often.

Why?

Because they focus their energy on being wealthy.

They ask questions and take action on the answers they find.

And they stay the course even when they are faced with tough setbacks.

Have you decided to become wealthy?

So let me ask you this direct question.

If you’d like to have a mentor on your side to help you become wealthy and teach you the science of getting wealthy, why not check out my Mentorship Program.

Note: No seminars to attend - all done from the comfort of your home.

Over the last 15 years, I’ve seen hundreds of graduates of my program become truly wealthy – in ALL aspects of their lives – not just money.

Jeremy achieved all his 5 year goals in 18 months and then did the whole Mentorship Program a second time (you can do this for free and you get even more out of it the second time because you come back as a different person.)

I also remember Kate who did my Mentorship program with her husband (spouses are no extra cost) because they were "not on the same page" when it came to money and wealth creation.

And there was Philip, who learned the courage to give up his job and live off his property portfolio.

If you’ve made the decision to become wealthy - just click here and learn about Australia’s longest-running Mentorship Program and join me.

About Michael Yardney Michael is the founder of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.