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I hope you are ready for today’s Millionaire Mindset Monday! Each Monday we will be focusing on developing the mind necessary to achieve success. We will be talking about daily habits, tips, productivity, how to stay motivated and disciplined, and much more. The best way to start the week! I hope this is helpful.

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Before We Get Started Here’s Your News Recap:

President Trump Announces 'Liberation Day' Tariffs

President Donald Trump has declared April 2 as "Liberation Day," introducing a series of tariffs aimed at reducing the United States' reliance on foreign goods. These tariffs include "reciprocal" import taxes targeting the European Union, South Korea, Brazil, India, and others. While the administration asserts these measures will protect American jobs and wealth, economists warn they could lead to higher consumer prices and slower economic growth.

Stock Markets React to New Tariff Announcements

The stock market experienced a significant downturn following the announcement of new 25% auto tariffs, with additional tariffs on copper, lumber, and pharmaceuticals expected in the coming weeks. Major indexes, including the Dow Jones, S&P 500, and Nasdaq, all saw notable declines. Investors are advised to remain cautious and maintain liquidity until the market shows signs of stabilization. ​

Airbus CEO Warns of Escalating Trade War Impacts

Guillaume Faury, CEO of Airbus, has expressed concerns that the escalating trade war, driven by the new U.S. tariffs, may worsen before improving. He emphasized that incoming tariffs could severely impact both sides, potentially leading to significant economic challenges before a resolution is reached. ​

Consumer Prices Expected to Rise Amid Tariff Implementation

Economists predict that the new tariffs will contribute to rising inflation, with core goods prices already showing an upward trend. Federal Reserve Chair Jerome Powell highlighted tariffs as a contributing factor to recent price increases, suggesting that the era of cheap goods may be coming to an end. ​

Public Opinion Divided on Tariff Focus

A recent CBS/YouGov poll reveals that while President Trump maintains a 50% approval rating, 55% of Americans believe he is too focused on tariffs. Additionally, 64% feel he isn't doing enough to address rising everyday prices, indicating growing public concern over the administration's economic strategies. ​

Global Trade Dynamics Shift as U.S. Imposes New Tariffs

Despite the U.S. implementing new tariffs, global trade is expected to remain resilient. Other major economies, including Europe and China, continue to advocate for free trade, suggesting that while U.S. actions may cause disruptions, the overall trajectory of global trade will persist. ​

Americans Express Increased Job Market Anxiety

Many Americans are experiencing heightened anxiety about the job market, drawing parallels to sentiments last seen during the Great Recession. Reports of layoffs and economic instability, coupled with policy uncertainties under the current administration, are contributing to a cautious and hesitant workforce. ​

South Korea, China, and Japan Collaborate to Promote Regional Trade

In response to looming U.S. tariffs, South Korea, China, and Japan have agreed to promote regional trade cooperation. This collaboration aims to mitigate the impact of U.S. trade policies and strengthen economic ties within the region. ​

Potential Impact of Auto Tariffs on Working-Class Consumers

The proposed 25% tariff on imported vehicles is expected to disproportionately affect working-class car buyers, as many low-cost new cars sold in the U.S. are manufactured abroad. This could lead to increased prices for affordable vehicles and a surge in demand for used cars, further straining the market. ​

World Trade Organization Faces Challenges Amid Rising Protectionism

As global trade faces mounting threats from rising protectionism, the World Trade Organization (WTO) stands at a pivotal moment in safeguarding economic stability.

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Millionaire Mindset Monday’s

 Inspirational Quote

Focus of The Week

Becoming Comfortable with Risk

Principle: Millionaires know that avoiding risk guarantees staying average. Smart risk-taking is how they gain an edge. Whether it’s investing, pitching an idea, or stepping into a new role—success requires being willing to leap before everything feels certain.

Actionable Advice:

• Redefine Risk: Instead of seeing risk as dangerous, start seeing it as necessary growth. Staying stuck is often the bigger risk.

• Start Small: Take micro-risks that stretch you without overwhelming you—apply for something, post that content, ask for feedback.

• Track Your Wins: Keep a "Risk Journal" this week. Write down every bold move you make and the outcome—even if it flops. You learn either way.

• Limit the Downside: Smart risk-takers prepare. Ask: “What’s the worst that can happen?” Then build a backup plan.

• Celebrate Courage: Every time you take a risk—even if you don’t get the result—reward yourself. You’re building boldness, and that’s priceless.

Take Action!

The “Calculated Risk Rep” Plan

Goal: Build your risk-taking muscle by stepping out of your comfort zone in small, intentional ways this week.

1. Day 1: Identify a Risk You’ve Been Avoiding

   • Choose something you’ve wanted to do but keep holding back on. Make sure it has potential upside and manageable downside.

2. Day 2: Research & Prepare

   • Spend time gathering info, planning, or asking someone who’s done it. Preparation boosts confidence.

3. Day 3-4: Execute the Risk

   • Take the leap. Whether it’s launching something, reaching out to someone, or investing time/money—do it.

4. Day 5-6: Document the Outcome

   • Journal what happened. Did you win? Did you learn? How did it feel? That reflection builds clarity and resilience.

5. Day 7: Plan Your Next One

   • Risk is a habit. Choose the next level and prep for your next move. Growth doesn’t stop here.

Millionaire Myth-Busting

“Wealth Comes from a High-Paying Job”

Myth or Truth? Myth

Breakdown: A high salary can help, but it doesn’t guarantee wealth. Many high-income earners still live paycheck to paycheck. Millionaires build wealth through ownership—of businesses, real estate, investments—not just income.

Takeaway: This week, shift your mindset from earning more to owning more. Ask yourself: “What can I build or invest in that grows without me clocking in?” Even small steps—starting a side hustle, buying your first stock, or learning a scalable skill—plant the seed.

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That’s A Wrap

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Disclaimer

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.