Prof. Tyler yamazaki

 
They Focus on Earning
If you are like most middle-class Americans, you probably see your income
as limited to a certain amount (you may get a Christmas bonus and a yearly

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raise, but for the most part, you are stuck at a certain earning level). You are
also probably looking for ways to hoard and save your money for the fear
that it might one day run out, should a catastrophic event like job loss or
severe illness occur. You may be looking for nickel-and-dime ways to save
money, such as spending hours every month looking for coupons or
switching to a phone plan that is $10 cheaper. While living within your
means is a worthy goal, this mindset of hoarding will keep you from using a
millionaire mindset to earn true wealth.
Millionaires think differently than most of us when it comes to how they
see money. Instead of focusing on how to hoard their wealth, they focus on
how they can earn more money. Of course, they understand the value of
saving. However, they are less concerned with modest gains, such as a 1%
interest rate on a savings account, than they are with finding where the big
money is. They may decide to invest their money in the stock market or in a
business venture, giving it the opportunity to grow even more rapidly, rather
than socking all of it away in a savings account. Instead of focusing their
mental energy on living as frugally as they possibly can, they look for
creative ways to earn big money.
They Know How to Leverage
Many middle-class people know very well the value of hard work. They go
into work every day, rarely missing a day unless absolutely necessary, and
work tirelessly until the time comes when they can go back home. When
they see their paycheck, they can feel proud because this is money that they
earned. They may not have had to sweat for it, especially not if they work in
an air-conditioned office, but they worked hard for it.
While millionaires understand the value of hard work, they also understand
the value of leverage. Leverage is using your resources, contacts, and
network, and time in such a way as to maximize results in every aspect. If
one aspect of the business isn't fruitful, either prune it or use your network
of people to find a way to make it fruitful. Focus your efforts on what works
best, and leverage it as best as you can.
Keep in mind that leverage is not the same as using people to get what you
want. While some millionaires undoubtedly use people, this is a way to

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create enemies and alienate people so that they will not be there when you
need them. When leveraging people, always look for ways to give back to
them and let them know that you are not merely trying to use them for
personal gain.