Grabbed this from a cool website that I visit often – LifeHackr.

If you’re not a millionaire, don’t give up hope that you will become one someday. Take note of the reasons you aren’t a millionaire and resolve to make changes that will make a million dollars obtainable, even for the average person.

1. You’re Not Your Own Boss

Although there’s no guarantee that self-employment will earn you a million dollars, it’s really unlikely that working for someone else will get you there either. There are very few jobs that pay million dollar salaries.

Don’t quit your day job tomorrow to launch a business, however. Instead, consider keeping your day job while you start a business on the side. You’ll have the security of your current salary along with an opportunity to create a business where you can earn extra cash.

2. You Avoid Taking Risks

People don’t become millionaires without taking any risks. Taking a risk doesn’t mean you need to invest all your money into a single investment or that you need to gamble earnings foolishly.

However, taking calculated risks is often part of good money management. No one gets rich on the interest they earn from the bank. Instead, millionaires know how to invest their money wisely.

3. You Never Act on Your Good Ideas

It’s one thing to come up with million dollar ideas, but a completely different thing to act on them. If you are more a dreamer who never puts his money where his mouth is, you’ll never get rich. Millionaires don’t sit around and watch others advance in life. They take action to help them reach their goals.

4. You Don’t Manage Your Money Wisely

The average person has the potential to become a millionaire in today’s world. Sound investments, a solid budget, and clear goals can mean that a person who earns an average salary can become a millionaire by retirement.

If you don’t manage your money wisely now, however, it’s unlikely that you’ll be able to handle a million dollars with good sense. Establish a budget and create goals for yourself to help you save money now.

5. You Don’t Set Clear Goals for Yourself

People who don’t have clear goals aren’t going to make smart money decisions. You need goals to help you save money and invest wisely.

Create goals, such as getting out of debt or saving up for a vacation home. Creating goals will help you determine whether or not you should spend your money on other things that come up in the meantime. If you’re saving with a specific goal in mind, it’s much easier to say no to tempting opportunities to spend money.

6. You Don’t Put in Enough Time, Effort, and Energy

No one makes a million dollars by watching TV or sleeping 12 hours a night. Unless you’re lucky enough to win the lottery or inherit a windfall, becoming a millionaire takes hard work.

Millionaires consider the time and energy they put into a project to be an investment. They understand they won’t get immediate results but are willing to put in the hard work it takes to see the fruits of their labor. Learn how to manage your time wisely so you can become more productive with your efforts.

7. You Aren’t Networking with the Right People

You won’t become successful in life if you spend time with lazy people who aren’t interested in managing their money wisely. However, if you surround yourself with energetic, successful people, it will rub off on you.

Develop relationships with successful people in your community. Look for people who can mentor you in your efforts to manage your finances, invest wisely, or build a business. Spending time with others who share your goals can help fuel your passion and efforts to become a successful millionaire.