I came across this article in CNBC entitled “Self-made millionaires agree on how many hours you should be working to succeed.” In the article, the writer highlights how millionaires commit to a minimum of 12 hour work days, generally seven days a week, especially during the first startup year of their businesses. The idea is that if you work harder than most, you’ll earn far more than most.
I know this to be true, because my husband and I have a financial services franchise with a company that out-performs our competitors in tax services every single year. Our competitors and partners have marveled at how we do it, but the hard-core truth of the matter is that we work harder AND smarter than anyone else.
How is this relevant to your task of #RaisingBlackMillionaires?
We live in a society that has completely bought into the whole 9am-5pm culture that grooms children and adults with the mindset of a 40 hour work week and a break on weekends. Sooooo what is done during those off hours, weekends, and (LORD HAVE MERCY) three month Summer vacations?!!! If we’re honest, the majority of us are using those “off-hours” for sheer entertainment. There’s generally nothing productive happening during those hours.
Far more devastatingly than us waisting all of those priceless hours, our children are spending their summers and entire weekends doing AB-SO-LUTE-LY nothing. They’re watching television, playing video games, or sometimes just staring into space. In allowing this to be, we rear them to be non-productive people who only consume entertainment. They never get trained on how to develop unbeatable work ethics and tenacious strategies of pursuit for worthy goals.
The result is that when there’s something they want to accomplish, they’ll try at it for a short while, lose interest and focus, then drop it for something that is simply entertaining, not fulfilling. These children turn into adults who find themselves stuck in the rat race with unfulfilled desires and unrealized talents. All because they never saw anyone within their immediate environment work obsessively and feverishly to attain a worthy goal; and they were allowed to spend the majority of their non-school time doing nothing but play.
If we really want to give our children more than we had and raise them to be millionaires, we must understand that there are so few millionaires in contrast to the rest of the world’s population, because so few are willing to do what it takes. But please believe, that if we would sacrifice some of our foolish time in exchange for developing the MINDSET and cultivating the HABITS of the wealthy (within ourselves and our children), we would give our children all they could ever need to be Black Millionaires.
For tips on how to implement this concept within your and your children’s lives, go to RaisingBlackMillionaires.com and signup for weekly tips and resources.
To read that CNBC article, click here http://www.cnbc.com/2017/06/15/self-made-millionaires-agree-on-how-many-hours-you-should-be-working.html
Until next time,