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Read time: 4 minutes

I often talk to young entrepreneurs who feel completely lost.

Maybe you're one of them.

They jump from one idea to another.

They can't stick to one decision.

They're terrified they'll miss out on something better.

I get it.

But here's the harsh truth:

Being afraid of missing out is exactly what's holding you back.

It's stopping you from making the big decisions that could change your life for good.

If you're feeling lost right now, that's okay.

But staying lost isn't an option if you want to level up your life.

Today, we’ll explore how millionaires identify their North Star. 

This is their clear purpose, and it helps them stay focused.

I. Understanding Your North Star

Your North Star isn't just another goal.

It's your guiding light.

It tells you exactly where you're headed.

It's the reason behind your actions.

Millionaires understand something crucial:

Without a clear purpose, you're just wandering.

But with a clear purpose, every action you take moves you closer to success.

Let me give you an example:

Take Elon Musk.

His North Star?

Making humans a multi-planetary species.

Everything he does revolves around that.

He doesn't waste time on distractions.

He knows exactly why he wakes up every morning.

Your purpose doesn't have to be that grand.

It just needs to matter deeply to you.

II. How to Find Your North Star

Finding your purpose isn't easy.

But it's simpler than you think.

Start with these three steps:

Step 1: Ask Yourself Big Questions

Grab a notebook.

Answer these honestly:

• What excites you?

• What could you talk about for hours?

• What makes you feel alive?

Write freely, without judgment.

The answers will give you clues to your deeper purpose.

Step 2: Narrow Your Focus

Look at your answers.

Circle the top three that resonate most deeply.

Now, ask yourself:

• Which of these could I see myself pursuing passionately for years?

• Which one aligns most with my values and beliefs?

Pick one.

That's your North Star.

Step 3: Make It Clear and Simple

Write your North Star as one clear sentence.

For example:

"My purpose is helping young entrepreneurs build successful businesses without burnout."

Simple, clear, powerful.

That's your guide now.

III. Staying Focused on Your North Star

Finding your purpose is step one.

Staying focused is step two.

Here's what millionaires do:

A. Eliminate Distractions

Millionaires ruthlessly eliminate distractions.

They say no to almost everything that doesn't align with their purpose.

Think of Warren Buffett.

He famously said:

"The difference between successful people and really successful people is that really successful people say NO to almost everything."

B. Set Daily Reminders

Put your North Star where you can see it every day.

Write it on your phone's home screen.

Stick it on your mirror.

Make sure you never forget it.

C. Check In Weekly

Every week, ask yourself:

• Did my actions align with my North Star?

• What distracted me?

• How can I improve next week?

Regular check-ins keep you accountable.

IV. Overcoming the Fear of Missing Out (FOMO)

This is the biggest roadblock for most people.

They’re afraid they'll lose out if they choose one thing.

But here's the truth:

You lose more by not choosing.

Think of your time like money.

Every moment you spend jumping around is money wasted.

Millionaires get this.

They see focus as an investment.

They invest deeply into one direction.

And guess what?

That investment pays off massively.

This is just the beginning.

For MindLeader Circle members, I dive deeper into advanced strategies.

Here's exactly what you'll get when you join:

Subscribe to the MindLeader Circle.