1. Wait for approval from society, from your family, from your friends, from your colleagues.

2. Choose innovation over copying. (Don’t reinvent the wheel. Improve upon the wheel. Innovation is not the way to billionaire status. Copying is. Find what works and jump in and do that too. Just do it better. Do it more powerfully. The Wright brothers are a great example. They created the airplane. And they wouldn’t give up on their idea and sooner or later they had an airplane. It wasn’t an original idea.)

Flying was not an original idea. But the Wright Brothers perfected it. They were persistent in their unwillingness to give up. They were inspired and believed they could do it.

By all means, implement something, anything, to start the process because it’s easier to go from success to success than it is to go from failure to success. It’s a simple law of physics, a body in motion tends to stay in motion. This tends to be true about earning wealth too. Once you’re in movement, it’s easier to change direction slightly than it is to go from a dead standstill to being fully up and running.

3. Work for a salary. (If you look at the Forbes list of the wealthiest people, you won’t see one person who works on a salary. Why? Well, that’s not where the money is. Ownership. That’s where it’s at. Salary will never get you to that point.)

4. Adroitly manage your stock portfolio. (My financial adviser students are going to take offense to this, but if you look at it historically, managing a portfolio does not create mass affluence. Warren Buffet, billionaire, does not make his money through passive investments. Waiting for the world to discover the undervalued stock you just bought does not make giant wealth.)

5. Think up ideas versus capitalizing on them. Thinking that you’re going to create your wealth from an original idea has historically shown not to work very well. A lot of us think, ‘We’ve just got to come up with that really good idea.’ There are more really great ideas that have not created billionaires than you can imagine.

6. Allow your quest for however much money-hundreds of millions, billions, whatever-stop you from taking action

So now you know what not to do. Upcoming articles will go into more detail about what you should do, and installing an affluent mindset. (For more on this check out www.maxpersuasion.com). Or you can stay on track to not become a billionaire and check out step seven.

7. Don’t do anything.