 15 Steps To Take In Your 20s To Become Rich In Your 30s Thomas J. Stanley, an American writer and business theorist, said, Before you can become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage. Nearly everyone, if not everyone's dream, is to become a millionaire. But very few people know how to achieve this dream. You see, the truth is that to become a millionaire, you have to think like one and learn their ways. Also, it's easier to become a millionaire when you start early in your 20s, because you have fewer responsibilities than in your 30s or 40s, when you have a family and you need to cater for them. In this video, I'll share with you 15 steps to take in your 20s to become rich in your 30s. This, I believe, will help you become a successful person. If you're new here, consider subscribing so that you won't miss other interesting videos like this. 1. Have A Goal The first step to becoming a millionaire is to know what you want. According to self-made millionaire, T. Harve Ecker, author of Secrets of the Millennial Mind, the number one reason most people don't get what they want is that they don't know what they want. You have to set a clear goal of what you want. How much money do you want to make? What can you do to make that much money? When you have clear goals, it becomes easy to work towards your millionaire dreams. 2. Set Action Plans Setting goals isn't enough if you don't have action plans to help you achieve these goals. There will just be mere wishes if you do not take steps to achieve them. You see, your goals should be specific and should also have deadlines. Randall Bell, a social economist said and I quote, those who maintain both a calendar and to do least are 289% more likely to be millionaires as compared with those who have no real set schedule. 3. Work To Learn Not To Eat Your work shouldn't be a place or an avenue to make money alone. It should be a place to learn as well. Nurture a growth mindset so that you can expand your skills and knowledge. The more you are informed about your industry, the higher your chances of becoming successful. But if you are not interested in learning, how can you grow? And if you don't grow, how can you improve your earning potential and become successful? 4. Develop The Habit Of Reading Millineers understand the importance of investing themselves and learning continuously. To think like a millineer, you have to find out what they like, where they hang out, what they believe in and the kind of people they surround themselves with. However, you can only get this information from reading books about them and books by them to find out how they think. 5. Focus And Master One Profitable Skill Think about your favorite role model or mentor. What do you like best about them? Let me guess. It's the fact that they are experts in a particular field. When you focus on a particular skill, you become an expert in that field. Becoming an expert in a field makes you an icon in that field. And people will want to do business with you because they trust your judgment and expertise. 6. Surround Yourself With Super Achievers Steve Saybold, self-made millineer and author of How Rich People Think, said and I quote, In most cases, your network mirrors the level of your closest friends. We become like the people we associate with. And that's why winners are attracted to winners. Jim Rohn, an American entrepreneur, author and motivational speaker said, You are the average of five people you spend the most time with. When you surround yourself with successful people, you'll begin to think and act like them. 7. Create Multiple Streams Of Income You'll never be wealthy on one stream of income because you most likely be living paycheck to paycheck. Creating multiple streams of income, however, increases your earning potential, which in turn increases your chances of diversifying your income and maximizing your savings. Thomas C. Corley, an American author, did a five-year study of self-made millineers and found out that 65% had three streams, 45% had four streams and 29% had five or more streams. He, however, went ahead to explain that and I quote, Three streams of income seem to be the magic number for the self-made millineer in my rich habits study. But the more income you can create in life, the more secure your financial house will be. 8. Think Big According to Grant Cardone, who went from broke and in debt at 21 to self-made millineer by 30, he said and I quote, The single biggest financial mistake I've made was not thinking big enough. I encourage you to go for more than a million. There's no shortage of money on this planet, only a shortage of people thinking big enough. If you aim to make $1 million, then you should shoot for $10 million. Even if you don't end up achieving it, you would have made more than the $1 million you initially set out to have. 9. Save To Invest Grant Cardone said, The only reason to save money is to invest it. Save money into secured untouchable accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one, increase in income. To this day, at least twice a year, I am broke because I always invest my soplices into ventures I cannot access. Millineers understand how to play the money game. They don't save money because of the rainy day, rather they save to invest because when you save for the rainy days, there will always be rainy days. Investing allows you to make more money and secure your financial freedoms. 10. Expand Your Network You need to learn to make meaningful connections because so many great opportunities can come out from such relationships. The truth is that your network can influence and help increase your net worth. 11. Live Below Your Means It might be tempting to buy the most expensive shoes, bags, clothes, cars, wristwatches and the likes, especially when you get a raise at work or when you hit a deal, but always remind yourself of the long-term goal becoming a millionaire. Hence the need to live below your means, so that you will have money to invest and still meet up with your daily expenses. Grant Codone once said and I quote, I didn't buy my first luxury watch or car until my business and investment were producing multiple secure flows of income. I was still driving a Toyota Cranberry when I had become a millionaire. Be known for your work ethics, not the trinkets that you buy. 12. Create Passive Income Passive income is the money you earn while sleeping. Warren Buffett said, If you don't find a way to make money while you sleep, you will work until you die. Also, according to T. Harve Ecker, you become financially free when your passive income exceeds your expenses. 13. Get Good Mentors A good mentor will not only give you useful tips to help you achieve your streams but also guide you along the way to minimize mistakes and maximize productivity. 14. Take Risks Millionaires take risks a lot and that is why they become successful. Taking calculated risks help you to overcome your fears and sets you up for success as it opens up opportunities for you. For instance, investment is a form of risk. However, when you are well informed, you minimize errors and increase your opportunity for success. 15. Focus On Your Networt Becoming a millionaire isn't a day's job, neither is it an overnight success. It takes time and effort, which is why you have to focus on your long-term goal, which in this case should be increasing your networt. One of the benefits of focusing and increasing your networt is that you can easily retire early and enjoy a beautiful life with your family. If you want to become rich in your 30s, then you should start developing these habits in your 20s. Thank you so much for watching our videos. If you like this channel, we're happy to announce to you that our team has launched three other interesting channels. One of our new channels is called Hunt TV, where we publish inspirational videos to inspire and encourage you as you go through the harsh journey of life. Our second channel is called Faint TV, where we share with you the interesting and inspiring stories and biographies of the successful people who have achieved greatness with their lives. Our third channel is called Money TV, which is a channel designed to use more dramatic video clips to teach you about money. Look at the description box to join our three new channels. We love you.