6 Millionaire Traits That You Can Adopt
6 Millionaire Traits That You Can Adopt
Millionaires have more in common with each other than just their bank accounts - for some millionaires, striking it rich took courage, salesmanship, vision and passion. Find out which traits are most common to the seven-figure bank account set, and what you can do to hone some of these skills in your own life.
1.Independent Thinking
Millionaires
think differently. Not just about money, about everything. The time and
energy everybody else spends attempting to conform, millionaires spend
creating their own path. Since thoughts impact actions, people who want
to be wealthy should think in a way that will get them to that goal.
Independent thinking doesn't mean doing the opposite of what the rest of
the world is doing; it means having the courage to follow what is
important to you. So, the lesson here is to forge your own way, and let
your success drive you to financial spoils - rather than doing it the
other way around and trying to chase the money. (To learn more, read
Getting A Millionaire's Mindset.) Just look at David Geffen. A self-made
millionaire with $4.5 billion to his name in 2009, this American record
executive and film producer was college dropout, but made millions
founding record agencies and signed some of the most prominent musicians
of the 1970s and '80s. Although he didn't take what many assume to be
the usual path to success, his tireless work ethic and sense of personal
conviction about artists' potential allowed him to rack up a sizable
fortune.
1.Vision
2.Skills
Writer
Dennis Kimbro interviewed successful people to determine the traits
they had in common for his book, "Think and Grow Rich" (1992). He found
that they concentrated on their area of excellence. Millionaires also
tend to partner with others to supplement their weaker skills. If you
don't know what you are good at, poll friends and family. Use training
and mentors to refine your strong skills.
3.Passion
4.Investment
Millionaires
are willing to sacrifice time and money to achieve their goals. They
are willing to take a risk now for the opportunity of achieving
something greater in the future. Investing may include securities or
starting a business - either way, it is a step toward achieving great
financial rewards. Start investing now.
5.Salesmanship
Millionaires
are constantly presenting their ideas and persuading others to buy into
them. Good salesmen are oblivious to critics and naysayers. In other
words, they don't take "no" for an answer. Millionaires also have good
social skills. In fact, when writer T. Harv Eker analyzed the results of
a survey of 753 millionaires for his book, "Secrets of the Millionaire
Mind" (2005), he found social skills were more important than IQ. Just
look at Donald Trump. His fortune has fluctuated over the years, but his
ability to sell himself - whether as a TV personality or as the force
behind a line of neckties - has always brought him back among the ranks
of celebrity millionaires. The ability to communicate with people is
essential to selling your idea. Contrary to the traditional view of
salesmen, millionaires cite honesty as an important factor in their
success. If you want to be a millionaire, be an honest salesman and
polish your social skills.
Becoming a millionaire is not a goal that can be achieved overnight for most people. In fact, many of the world's richest people built their wealth over many years (sometimes even generations) by making smart but often bold decisions, putting their skills to the best use possible and doggedly pursuing their vision. If you can learn anything about millionaires, it's that for many of them, their riches are not necessarily what most sets them apart from the rest of the world - it's what they did to earn those millions that really stands out.
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