My journey to a million dollar net worth begins with knowing where I am right now. This millionaire analysis is comparable to a roadmap for success that is designed to enable me to discern my monetary strengths and understand my financial ambitions.
This Millionaire Analysis asks twenty questions that help me get to the truth of who I really am. Each question must be answered wholeheartedly. The deeper I go into my psyche, the stronger the analytical foundation I will make in building my financial foundation.
After writing down the answers to these twenty questions, I’ll wake up extra early, full of energy, and eager to go. This is because I will understand my life purpose and be eager to take the transformative actions that will be an indelible part of my new life.
1. If I could accomplish one monumental goal in my lifetime, without financial and time constraints being a factor, what would this goal be?
Here I must write the overriding aspiration that lights my motivational fires and keeps them burning more than anything else. This single lens must be so impressive that my passion for its entertainment will remain eternally strong.
2. What are the top three obstacles keeping me from achieving this monumental goal right now?
Here I must list the three biggest challenges in realizing this greatest goal for my life. I must know what triad of seemingly insurmountable obstacles stands between me and my destiny, ostensibly blocking the path to the fulfillment of this tremendous intention.
3. Am I very clear about my ultimate purpose in life and, if so, what is it?
This question requires me to plan a powerful purpose for my life, a purpose in which I make a significant contribution to the world and greatly enrich my life and the lives of others.
4. In how many ways is life currently leading a full expression of my ultimate life purpose?
This is a reality check to see what I am currently doing to manifest the abundant lifestyle of an ‘Empowered Millionaire’ that I seek. In answer to this question, I need to write down the multiplicity of ways that demonstrate that my current actions are aligned with the most vibrant mission of my life.
5. How many sources of income do I currently have?
Empowered millionaires focus on building great wealth through multiple sources of income, rather than having a single career or just a solitary income-producing business. They also focus on developing residual income streams that flow 24 hours a day.
6. What is my current net worth?
My ‘net worth’ is how much I own — my assets (such as cash in the bank, property and land, stocks and bonds) — minus how much I owe — my liabilities (such as debts, loans, mortgages) . If I want to have a net worth of $1 million, my assets must exceed my liabilities by at least $1 million.
7. What is the status of my existing savings and investments?
Empowered millionaires clearly understand why they need to have strong savings and investment plans. They focus on accumulating income-producing assets, assets that generate cash flow such as rental properties, licenses and royalties, and stocks that pay regular dividends.
8. What will my net worth be at retirement?
Illusions will not lead me to the destiny of abundant prosperity as an empowered millionaire. If my goal is to have a million dollars in net worth at my chosen retirement age, I need to know precisely where I am in the five critical areas of: My current age; My projected retirement age; My current net worth; My monthly investment amount; The rate at which my assets are capitalized.
9. What percentage of my current income should I give to charitable causes?
This question checks if I regularly donate a portion of my income and checks what percentage it is. Tithing releases the mental shackles of poverty thinking, allowing me to manifest more of the great financial abundance of this world.
10. If I designed my ideal lifestyle and it was perfect in every way, what would it be like?
Here I am encouraged to use my imagination to visualize my life in its most superlative state. By visualizing my highest vision, I will vividly imagine the end result I desire as if that result already exists now.
11. How do I regularly take time to improve my physical health?
This question verifies the potency of my aspiration to live a long, healthy and young life. Check if I have the means to achieve optimal well-being so that I can take the necessary actions to achieve financial success.
12. How do I regularly take time to nourish my soul and strengthen my spiritual self?
The path to financial empowerment begins in the soul with inner peace. Periods of solitude are required in which my ability to focus is enhanced, as everything I focus on creates a vibration of personal success that manifests what I attract into my life. Nourish my soul allows for this increased focus.
13. What winning qualities do I possess that help me stand out from the crowd as a unique and highly respected professional?
People who display the winning qualities of professionalism act and perform like the champions they are. Winners in the game of life create an inspiring environment for themselves and those in their circle of influence.
14. What can I do to be more excellent in all areas of my life?
The quality of my life is in direct proportion to my commitment to excellence. This question checks whether I have the unconditional commitment required to push myself to a higher level of performance in every effort I undertake.
15. How am I currently making a committed effort in my career or business?
Spectacular results are achieved when you take committed action and make things happen. This question validates my commitment to perform all tasks with excellence and go the extra mile to ethically achieve the desired result.
16. How do I regularly reach out to help other people on their path to success?
It is said that the more I give, the more I receive. This means extending a helping hand to help other people live happier, healthier and more successful lives. This question validates whether I am taking advantage of my opportunities to contribute to other people.
17. What is my personal description of failure and how does it compare to the empowered millionaire formula for failure?
Here I will lay out my personal understanding of failure and compare it to that of the empowered millionaire, which is: “A few simple errors in judgment repeated every day.” These are destructive and disempowering habits that are highly detrimental to the desired successful results.
18. What simple errors in judgment am I unwilling to repeat every day that are so detrimental to the successful results I seek?
Examples of simple errors in judgment may include: being callous in our attitudes; Smoking cigars; being late for work; eat foods saturated in fat; displaying an apathetic career approach.
19. What is my personal description of success and how does it compare to the Empowered Millionaire’s formula for success?
Here I am being asked to state my own definition of success and compare it to that of the empowered millionaire, which is: “A few basic winning disciplines done every day.” These are constructive and empowering behaviors that are done every day.
20. What few basic winning disciplines will I now perform every day that will lead me to the successful results I seek?
Good examples of basic winning disciplines that can be done every day and that lead an individual to maximum financial empowerment include: practicing financial smarts; yoga; meditation; read investment literature.
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