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7 Steps to Financial Abundance by Adam Khoo


1. Adopt the millionaire mindset

  • Millionaire think very differently and that is why they take different actions and product vastly different results
  • Remove the "P" word from life and treat is as a challenge

2. Set Clear Financial Goals

  • Unless you have specific figure to focus on you will never be able to develop a strategy to achieve it

3. Create a financial plan

  • Goals by themselves are nothing but pipe dreams
  • Only when you create a plan, you may make goal a possibility
  • Determine
    1. Progressive Payment to invest
    2. Rate of Return

4. Massively increase your income

  • Do not feel disheartened looking at financial plan
  • Learn to increase your income instead

5. Manage your money and reduce your expenses

6. Grow your money at millionaire return

  • Through power of compounding you will be able to take small sums of money and build into huge returns over time
  • Risk Management

7. Protect your fortune

  • Engage professionals like insurance advisors, lawyers, accountants to help them build a financial fortress
  • Protect wealth from potential creditors, plaintiffs looking to sue and gov