We Should All Be Millionaires
Change Your Thinking, Build Bank, and Claim Your Independence
Book Edition Details
Summary
"We Should All Be Millionaires (2021) shows how women can attain financial success by casting off impostor syndrome, demanding their worth, and adopting a millionaire mindset. It argues that earning more money is a revolutionary act for women and people of color, offering strategies to overcome historical barriers, make million-dollar decisions, and build lasting wealth for a thriving life."
Introduction
The statistics are sobering: women control only 32% of the world's wealth despite making up half the population. The gender pay gap persists across industries, and women are 80% more likely than men to face poverty in retirement. But what if these numbers don't tell the complete story? What if the real barrier isn't just external systems, but the internal stories we've been told about our worth and capabilities? This isn't another personal finance book telling you to skip lattes and clip coupons. This is a revolutionary manifesto that challenges everything you've been taught about money, success, and what's possible for women. The path to wealth isn't about deprivation—it's about expansion. It's about recognizing that your dreams aren't too big; your current income is too small. The time has come to shatter the glass ceiling not just in boardrooms, but in your bank account.
Build Your Million Dollar Mindset
The foundation of wealth begins in your mind, with the stories you tell yourself about money and your worthiness to receive it. A million dollar mindset isn't about positive thinking or mantras—it's about fundamentally rewiring the limiting beliefs that have been programmed into you since childhood. These beliefs often stem from family experiences, societal messages, and cultural conditioning that taught you to play small, ask for less, and settle for crumbs. Consider the story of Sarah Breedlove, who later became Madam C.J. Walker, America's first female self-made millionaire. Born to former slaves in 1867, Sarah had every reason to believe wealth was impossible for someone like her. She was orphaned by age seven, married at fourteen, and widowed by twenty. Working as a washerwoman earning barely enough to survive, Sarah could have accepted society's message that she was destined for poverty. Instead, she chose to believe something different about her potential. Sarah's transformation began when she decided her circumstances didn't define her capabilities. She started developing hair care products in her kitchen, initially just trying to solve her own hair loss problem. But her mindset shifted from scarcity to possibility when she realized she could help other women while building wealth for herself. To build your own million dollar mindset, start by examining the money stories you inherited. Write down every negative belief you have about money, wealth, or your ability to earn it. Then challenge each belief by asking where it came from and whether it's actually true. Replace limiting thoughts with empowering ones that acknowledge both challenges and your agency to overcome them. Practice thinking like someone who already has the wealth you desire—how would that person approach decisions, opportunities, and setbacks?
Make Million Dollar Decisions Daily
Every day, you face countless choices that either move you toward wealth or keep you trapped in financial mediocrity. Million Dollar Decisions are those that create time and energy, free up mental space, reduce meaningless busy work, and generate options rather than eliminating them. These decisions make you feel strong, secure, and free, while Broke Ass Decisions do the opposite—they drain your energy, increase stress, and limit your possibilities. The difference between these two types of decisions often comes down to whether you're prioritizing short-term comfort or long-term growth. Take the example of two women with similar backgrounds and incomes. Broke Boo consistently makes decisions that seem easier in the moment but cost her dearly over time. She accepts additional work responsibilities without negotiating for higher pay, spends her expertise helping others build their wealth while neglecting her own financial goals, and exhausts herself trying to do everything for everyone. Rich Boo, on the other hand, makes decisions that might feel uncomfortable initially but compound into significant advantages. She negotiates her salary aggressively, charges premium prices for her services, and invests in systems and support that free up her time for high-value activities. When Rich Boo's father passed away and left her an inheritance, she didn't just save the money—she actively researched investment opportunities and sought advice from wealthy mentors. To start making Million Dollar Decisions consistently, use the WSABM framework: Want (what do you actually desire?), Shoulds (what limiting expectations are influencing you?), Action (what specific steps will move you forward?), Body (how does this decision feel physically?), and More (how will this choice create additional opportunities?). This framework helps you move beyond reactive decision-making to intentional choices that align with your wealth-building goals. Remember that Million Dollar Decisions often require you to disappoint others or challenge expectations, but they consistently lead to greater freedom and financial growth.
Create and Price Your Unique Value
Your path to wealth lies in recognizing and monetizing the unique value you bring to the world. Most women suffer from imposter syndrome so severe that they dramatically underestimate their worth and capabilities. This self-doubt costs millions in lost income, missed opportunities, and underpriced services. The antidote is understanding that you already possess valuable skills, knowledge, and perspectives that others desperately need. Rachel's own journey illustrates this perfectly. When she decided to create her first digital product—a legal guide for entrepreneurs—her imposter syndrome convinced her she needed a business partner to succeed. Despite having all the legal expertise and doing most of the work, she agreed to split profits fifty-fifty with someone who contributed far less. This decision ultimately cost her $150,000 in legal fees and at least $500,000 in lost revenue when the partnership dissolved into litigation. The painful lesson was clear: her belief that she couldn't succeed alone was more expensive than any business mistake she could have made. Had Rachel trusted her expertise and maintained full ownership of her intellectual property, she would have avoided years of legal battles and generated significantly more wealth. The breakthrough moment came through a Twitter message from fellow lawyer Lurie Daniel Favors, who bluntly told her that her trademark registration prices were "waaaay too low." When Rachel doubled her prices with the very next client inquiry, quoting $1,500 instead of her usual rate, the client immediately responded, "Okay, I'll take two." To identify your Million Dollar Value, start by auditing your natural talents—the things that come so easily to you that you don't even consider them special skills. Look at your track record of accomplishments, the problems you consistently solve for others, and the compliments you regularly receive. Focus on the outcomes and transformations you provide rather than the time you invest. When you charge premium rates, you attract clients who value expertise and are more invested in achieving results.
Take the $10K Challenge Now
The ultimate test of your wealth-building capabilities is proving to yourself that you can generate significant income on demand. This isn't about luck or perfect timing—it's about developing the confidence and skills to create money whenever you need it. The $10,000 in Ten Days Challenge serves as both a practical wealth-building exercise and a powerful mindset shift that changes how you view your earning potential forever. Rachel discovered this principle during the COVID-19 pandemic when her business revenue plummeted. Instead of panicking or cutting expenses, she chose to fight. With her team, she created a new offering that not only replaced lost revenue but generated over $1 million in a single month. The key wasn't having perfect conditions—it was having the confidence to take bold action when others were paralyzed by uncertainty. The challenge works because it forces you to think beyond traditional limitations. When you have just ten days to generate $10,000, you can't rely on slow, conventional methods. You must tap into your creativity, leverage your existing relationships, and offer genuine value in concentrated form. This might mean selling VIP days, hosting intensive workshops, or creating premium packages that solve urgent problems for your ideal clients. Success requires focusing on offers that provide substantial upfront value without long-term commitments. Think about what you could deliver in a day, week, or month that would genuinely transform someone's situation. Price based on the value created, not the time invested. A business consultant who helps a client restructure for $50,000 in annual savings shouldn't charge $100 per hour—she should charge based on the massive value delivered. The real magic happens in your mindset. When you prove to yourself that you can generate significant income quickly, you develop unshakeable money confidence that changes how you negotiate, price your services, and pursue opportunities.
Summary
The path to becoming a millionaire isn't reserved for a select few with special advantages or perfect circumstances. It's available to anyone willing to challenge limiting beliefs, recognize their true value, and take consistent action toward wealth-building goals. As Madam C.J. Walker proved over a century ago, "I am a woman who came from the cotton fields of the South. From there I got promoted to the washtub. From there I was promoted to the cook kitchen. And from there I promoted myself into the business of manufacturing hair goods and preparations." Your current situation doesn't determine your future potential; your decisions and mindset do. The world needs more women with economic power because when women control wealth, they invest in education, healthcare, and community development at unprecedented rates. Start today by identifying one limiting belief you're ready to release, one decision you can make differently, and one way you can begin charging what you're truly worth. Your million-dollar future is waiting for you to claim it.
By Rachel Rodgers
