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You may think of how youll feel, and imagine amore fulfilling lifethan the one you have now.
Just as youre met with obstacles now, you will be met with obstacles as a self-made millionaire.
What sort of obstacles and how can they be overcome?
GOBankingRatesspoke with self-made millionaires to find out.
In April 2021, I made $0 in my business, Musumeci said.
Instead of giving up, I treated it as Day 0 and committed to becoming thebest comeback story.
Her efforts paid off relatively quickly.
Within 12 months, I had a seven-figure business, she said.
I soon realized thatall the millionairesI looked up to none of them had taken this path.
Instead, they were all risk-takers trying to disrupt their fields through innovation and entrepreneurial acumen.
It took me years to get there but I eventually did.
Ramsey recommended finding ways to connect with other entrepreneurs who have demonstrated the success youre aiming to achieve.
Its key to embrace the world of entrepreneurship holistically and build a path forward through community, Ramsey said.
Start planning for this gap throughself awareness practicesand understanding your leadership capabilities to level up.
The feeling that theres just not enough of it is an obstacle to overcome.
Being intentional with time management is key.
This can mean hiring people to help, even if youre trying to be frugal.
You have to be able to lead in bringing people on board with the vision.
The number one metric is how much time are you going to be able to buy back for yourself.
We talk a lot about financial capital, Ramsey said.
The goal is for your networking to deliver moments ofconnection and reputationbeyond the business itself.
Invite like-minded peers into your world and prioritize the human aspect of your relationships.
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