Becoming the first millionaire in your family starts with simple desire and a solid plan. If millionaire role models were absent from family gatherings when you were growing up, you can change that story. Decide what kind of millionaire you want to be–good or bad–and stick with your choice. Here’s a hint: be a good millionaire. There’s enough bad ones as it is.

Your mindset is key. Think and act like a millionaire with integrity—use wealth to help rather than exploit. With the right resources, you can support communities and causes you care about. Brian Tracy, a millionaire entrepreneur and old business partner of mine, put it best. “The best way to help the people who have less,” he said, “is to not be one of them.”

Secondly, you’ve got to know your customer. Pinpoint their needs and offer the right solutions. Behind every successful venture, there's often a boring process—that’s where the real magic happens. Stick to your strengths that meet market demands. That’s what brings people to your doors every time, and when you do it right competitors won’t even know what hit them.

Education is your best friend here. Forget about luck or the lottery. Real success is built on understanding finances, business management, and always learning something new. Books by folks like Tony Robbins and Brian Tracy were a great help for me, and I know they’ll be a great help for you too.

Also, make sure you’re hanging out with the right people. If you’re spending time with people who don’t share your vision, ambition, or drive–what are you even doing? If you want to be a millionaire you need a millionaire mindset. That ain’t happening if you’re spending the weekend with drinking buddies.

Know your numbers. How many customers do you need to keep the lights on? How many people are desperate to buy what you’re selling? Dial into your financial operations to ensure you're delivering value to the right customers at the right price. Being financially literate and knowing your market keeps the bad ideas far away. Seriously, a blind spot here can cost you millions if you’re not careful.

At the end of the day it’s all about mindset, education, and knowing what the customer wants. In all my years growing businesses that’s never changed, and the more you know those things the closer you’ll be to being a millionaire. Eyes on the prize, and stay tuned for next episode!

Show Notes:

• The Million-Dollar Startup Question
• How Education will Make or Break Your Business
• The Business Blind Spot that Could Cost You Millions