A study about self made millionaires revealed 17 habits that almost all of them do which are said to contribute to their success – this is that list, and my thoughts on each point. Enjoy! Add me on Instagram: GPStephan
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CREDIT TO THE FULL ARTICLE HERE: https://www.businessinsider.com/personal-finance/good-habits-of-self-made-millionaires
1. 30 MINUTES OF READING DAILY
Now, what I found interesting was that, he makes the distinction that millionaires aren’t out there reading the Harry Potter Trilogy Series, but instead – they’re reading for INFORMATION, and this is something that I’ve found true for myself, as well.
2. CONSISTENT EXERCISE
It was found that 76% of millionaires exercise for at least 30 minutes per day…and, even though I haven’t been as consistent with this as I would’ve liked…it does help.
3. SURROUND YOURSELF WITH SUCCESS
I think it’s WAY more important to surround yourself with people who are supportive, who don’t put you down, who believe in what you’re about, and push you in a positive direction.
4. VOLUNTEER WORK
It's important to have the mindset that there’s enough to go around for everyone…almost every successful person I’ve met offers something of value FIRST, before they receive anything else back in return.
5. DREAM SETTING
You should try to come up with a REALLY detailed plan of exactly what you want to achieve, when you want to achieve it, and WHY that’s important to you.
6. PURSUE YOUR OWN GOALS
Your OWN goal will probably be a lot different than what other people have in mind…. and there’s not a “one size fits all” approach.
7. PROPER SLEEP AT NIGHT
Overall, the number of hours you spend working doesn’t always correlate to getting more done…so, instead, place some of that importance back on your sleep.
8. WAKE UP EARLY
Having each morning in complete silence really allows you to focus in a way that just isn’t possible throughout the day.
9 MULTIPLE SOURCES OF INCOME
This was such a common finding that the IRS analyzed the tax returns of high net worth filers and found that, on AVERAGE…Millionaires had 7 different sources of income.
10. HAVE A MENTOR
From my experience, you’re best NOT looking for a mentor, and instead – following on your own path, on your own time, without the expectation of anyone going out of their way to help you.
11. HELP OTHERS SUCCEED
This gives you the mentality that “there’s enough for everyone,” and by teaching other people to do what YOU do, you’re reinforcing the belief that one persons gain isn’t at the expense of another person’s loss.
12. HAVE A POSITIVE OUTLOOK
Positivity goes a LONG way here, not only from what you project to others…but, also, how you interpret your own experiences and chose to move forward.
13. DON'T FOLLOW THE HERD
Sometimes, you just need to put yourself out there if your goal is to build wealth, whether that be taking a career risk, following your gut with a decision, or taking a path that isn’t conventional.
14. GOOD ETIQUETTE
I the bigger picture, it’s important to just treat other people with respect, and that’s it
15. DEDICATE TIME TO THINK
It's definitely good to take some time to yourself to organize your thoughts…but, if you’re going to be effective with this, just make sure to write them down.
16. SEEK FEEDBACK
I think the SMARTEST people out there are usually SMART ENOUGH to acknowledge that they don’t know everything, and because of that, they actively seek out helpful criticism to point them in the right direction.
17. DON'T GIVE UP
If you enjoy the process of getting there, it becomes THAT much more likely you’ll actually achieve it
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