The Definition of a Millionaire

The Definition of a Millionaire

What is the official definition of a Millionaire? How can we measure ourselves against the wealthy word?! Here are some ideas:

“a person whose material wealth is valued at more than a million dollars”

Interesting to note that all those definitions talk about the net worth of an individual, usually measured in their native currency. So if you want to become a millionaire quickly, then the easiest way to do that would be to move to Zimbabwe…

If that’s not your cup of tea then maybe we need to look at some other strategies. In order to become a Millionaire, you need to be able to define what a Millionaire is. I know we have gone through some definitions above, so it’s time to throw a though others into the mix.

I’m going to say that being a millionaire is a mindset. It’s a perception. Don’t get me wrong, it’s also about the money. But the money is only a small part of being a millionaire. When I made the decision to become a millionaire, it wasn’t because I wanted a Million Dollars sitting in a bank account.

For me, being a Millionaire is about the lifestyle, they way I think, the way I spend my time and the things I do. It’s being able to provide for my family and friends, it’s being able to focus my efforts on other projects, give to charity and spend time with my family.

If you were a multi-millionaire and you were 80 years old and your health was in bad shape – would you feel like a millionaire? Perhaps, but the point is that no matter how much money you have, you can’t buy more time.

So how hard is it to become a millionaire? Well, when you wake up tomorrow morning, you need to make a decision. Are you going to wake up feeling like a Millionaire? Or are you going to wake up and feel exactly like you did yesterday (unless you woke up feeling like a Millionaire yesterday)

If you’re having trouble digesting this. Ask yourself “How would a Millionaire act? How would they wake up? What would a typical day look like for them?” Now that you have an idea of what goes on, why not bring it to life? I’m sure you can handle just one day of living like a Millionaire!

By Frank Salisbury

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