17 habits of self-made millionaires
Habit #1: They create their own destiny.
They never blame, justify and criticize like most people. They know that when they blame and criticize, they will become a victim.
Habit #2: Rich people play money game to WIN but most people play money game NOT TO LOSE.
What is the difference between these two? Rich people play money game to WIN megabucks where as most people play money game just to get enough money for themselves.
Habit #3: Rich people are 100% committed to be rich.
Let me ask you one question...Do you want to be rich? You might say
Habit #4: Delayed gratification
What keeps most people rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result this people spend a lot more than they invest. When it comes to investing in books and seminars etc they will always think twice as they have to wait for future benefits.
Habit #5: Rich people think BIG.
They set challenging goals for themselves and take massive action.
Habit #6: Rich people focus on opportunity
When there are challenges and obstacles, most people will focus on them and then give excuses like 'I'm too young', 'I don't have enough money' and eventually got them into believing that they are doom to be poor forever. Rich people focus on opportunity instead of obstacles.
Habit #7: Rich people respect and love money
As many of us grow up, we may unknowingly pick up many limiting beliefs and painful associations towards money from our family, friends, teachers etc. If you come from a poor or a middle class family, you might be taught that 'money does not grow on trees', 'investing is risky', 'money will change you', 'save money for rainy days' etc etc.
As a result, your subconscious mind associates so much fear and negative feelings towards money that it will stop you from becoming rich. Your inner mind won't allow you to become rich as it would give you more 'problems' or make you a bad person'.
However, you must understand that your parents and teachers taught you that because they taught they were passing a good advice. Very often they negative associations towards money and that is why they choose to pass this advice to younger generations.
Habit #8: Always do more than expected
Rich people are value creators. Value creators have the habit to do a lot more than what is expected. If they are paid $3,000, they will work as if they are being paid $10,000. If they are expected to generate $20,000 worth of profits, they will create $50,000 worth of value! Theses people are the one who get promoted super fast and get their income doubling or tripling every year.
The habit does not only apply on employees, it applies to anyone from super stars to entrepreneur.
When Michael Jordan was interviewed and asked how he became the world's greatest basketball player, he replied,
'I expect more from myself than anyone would ever expect from me! When my coach expects me to train 3 times per week, I would train 5 times. When my coach expects me to score 15 points for each game, I would score 36 points! That is why I'm the best in the world'.
Habit #9: Rich people are willing to promote themselves and their values
Habit #10: Rich people are BIGGER than their problems
When problem comes many people will be discourage and let the problem happens without resolving it. Rich people will try to solve their problems.
Habit #11: Rich people get paid based on results
They chose not to get rich by time. Rich people know that the wost possible way to be financially independent is to sell your time. They choose to make money based on performance and results
Habit #12: Rich people think BOTH
Most people think that if you want to earn lots of money, you'll have to sacrifice other stuff. Rich people believe that you can earn megabucks without sacrificing anything.
Habit #13: Rich people focus on their net worth
People with big cars or house are not necessarily rich. They may have lots of loans and debts.
They take calculated risk before investing their money. Most people spend most of their money on luxury things after their paycheck. But rich people their money and in opportunities that help their money grow.
Habit #15: Most people quit because of fear, doubt and worry
Rich people act in spite of FEAR, doubt and worry.
Habit #16: Rich people constantly learn and grow
Rich people are willing to learn from other people without looking at others' education, age etc.
Habit #17: Rich people have their money work hard for them
Rich people knows how to look for an opportunity, invest it and then see their money 'growing'. But most people work hard for money. They sacrifice their time for more money.
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