Let me ask you this question, “Do you want to be rich?”, “Of course, that’s why I’m reading this article!”, you may say. Let me ask you the next question, “Are you 100% committed to be rich?“.
You see, there is a very big difference between wanting to become a millionaire and being 100% committed to becoming a millionaire. When you merely want, wish or hope to achieve a goal, it will rarely happen. Think about it. Everybody wants to be financially free, but very few ever make it happen.
This is the millionaire habit #7 which you must adopt!
Be 100% Committed
Studies after studies have shown that people who achieve phenomenal success and wealth did not just want it, they were 100% committed to achieving it. When you are 100% committed to a goal, it is no longer a wish, a hope or a want… it becomes an absolute MUST. You see, when something becomes an absolute MUST to you, it gets you to operate from a totally different frame of mind.
When something is a MUST, it will become your number one priority and nothing will ever come in its way until that goal is accomplished. When something is a MUST, you will do whatever it takes to get it (within limits of integrity of course). Even if it means stretching way beyond your comfort zone and investing time, energy or money, you will do whatever it takes. Read Your Fuel To Success, Commitment.
I believe that when you are willing to do whatever it takes to get something, you will always find a way. And if you cannot find a way, you will make a way. For example, when George Lucas (millionaire at 28 and creator of Star Wars) wanted to revolutionize film-making by creating the special effects required for the space battle scenes for Star Wars, the technology did not exist. Everybody told him that what he wanted to do couldn’t be done.
Instead of accepting the comfort of reality, his total commitment to making his dream come true was to set up his own company, Industrial Light and Magic to create the special effects required for his own movie. However, when you merely have a weak ‘wish’ or ‘hope’ for wealth, you will never attain it. Why? This is because the path to achieving any goal and creating wealth is never easy.
In fact, it is extremely challenging and difficult. I can bet you that when you begin on your path to financial freedom, there are going to be huge obstacles and challenges that will get in your way. All the problems that you can possibly think of will come to test your faith and endurance and to stretch you out of your comfort zone. You will find that at certain points of time, you will lack the money and lack the energy. You may encounter people discouraging you, friends leaving you and things not going as planned.
If it is merely a ‘wish’ that you have to become rich, chances are that you will eventually give up and find lots of excuses of why it cannot be done. This is because those that merely ‘wish’ for success are never willing to stretch beyond their comfort zones and do what ever it takes to overcome all their challenges. In addition, when something is merely a ‘want’, you will find that your mind will be filled by a dozen other ‘wants’ that will take away your time and attention.
After a while, you will find you will find yourself being distracted by other things that come your way. Has this happened to you before? So, the only way you will ever achieve your goals of becoming rich is to make it a MUST for yourself.
How To Make Your Goals A “Must”
The trouble is that becoming financially abundant is rarely a must for most people. It is merely a wish. However, it is always a must to survive… and that is why most people merely survive. So once again, to achieve all your financial goals, you have to make them a must for yourself. How do you make something a ‘must’? The answer is by putting yourself on the line. When you put yourself in the situation where you give yourself no choice BUT to succeed, you very often will.
If you study the life stories of millionaire history makers, many of them came to a point in their lives where they put themselves on the line and staked everything they had. And because they had NO CHOICE but to succeed, they often did it against insurmountable odds. Lack of drive after setting goals and procrastinate? Read 3 Action Keys Toward Your Goals.
The only reason that the movie Star Wars came to existence is because George Lucas was 100% committed to making his dream come true. Many people have the perception that Lucas was just a genius who was fortunate enough to dream up this naturally successful movie. If you read about the history of Star Wars, you would know that up to the day of its release, everyone believed that it would be a major flop, including the actors!
During the production, anything that could have possibly gone wrong went wrong! At the end of sixteen weeks of filming everyone had every reason to believe it would fail. The movie had grossly exceeded the initial budget, it had overrun the filming schedule, the special effects unit could not create the desired effects and everyone had the opinion that it was a kiddy movie.
As a result, 20th Century Fox studios wanted to pull the plug and gave Lucas three days to finish 2 weeks of work that was lost. What made things worse was that Lucas suffered severe chest pains in the middle of all this and was warded for severe stress and exhaustion. Most directors would have given up and cut their losses, knowing that it was impossible to achieve it all in three days.
If Star Wars had been a ‘wish’, it would have failed there and then. But to Lucas, it was a must… he would do everything to make it happen. Lucas hired a triple crew, divided the stage into three sets and directed three scenes concurrently. Three days later, Star Wars was delivered and the rest in history. By the end of its first theatrical run, Star Wars became the most successful film in North American history. It grossed a total of $290 million and George Lucas‘ cut from the box office was more than $50 million.
As a teenager, Lucas set a goal of becoming a millionaire at the age of thirty. He was off by two years; Lucas made his millions by the age of 28. When it came time to making the sequels ‘Empire Strikes Back’ and ‘Return of the Jedi’, Lucas rejected the money offered by Fox studios. He was so committed to making the sequels an even bigger success, that he took what he earned from his first film and fully financed Empire Strikes Back for $18 million (Millionaire Habit #4 – Delayed Gratification).
Everyone thought he was crazy as the number one rule as a moviemaker in Hollywood is to ‘never use your own money, even if it is your own film’. His belief and commitment paid off. The next 5 Star Wars films generated revenues of over $20 billion and today, George Lucas has amassed a personal fortune of close to $3 billion.
Well, you don’t necessarily have to risk all your money like George Lucas to get totally committed to your goal. There are other ways of putting yourself on the line. You can put yourself on the line by making public commitments. Whenever you set a goal, announce it to everyone because you know that the moment you do so, there would be no turning back. You had to make it happen!