Every single self-made millionaire had to begin somewhere.
There is nothing special about several millionaires that makes them better than you are. Not every millionaire is not superiorly smart, or great at math, nor grew up wealthy. Do you want to know where the big difference comes from? Our habits.
What you perceive and achieve in life is the linear result of using your time to spend your day. Eat unhealthy food and spend all day on the bed? Then you’re probably going to turn up fat. Waste your money on gambling or buying things you don’t need? Don’t be surprised when you wind up broke. You are the snowballing effect of your habits.
If that seems depressing for you, it shouldn’t be. The real secret is that if you do not want the life you are heading right now, it’s not because your value is less than those people who possess what you want. They only have diverse habits, and habits can surely be changed.
Research about self-made millionaires verified 17 habits that nearly all successful people do things consistently. And these habits contributed significantly to their success and molded them into who they are today.
Here are the 17 millionaire habits that would make you a millionaire
Many people believe that they need to work hard and save their money in order to become a millionaire. While this is true, it’s not the only way. If you want to be a millionaire, these 17 habits will help guide you on your journey!
30 Minutes of Daily Reading
According to the research of Thomas C. Corley, 88% of rich people allocate their thirty minutes or more to self-education or self-betterment reading and not merely for entertainment.
This means that rich people out there are not focused on reading the Harry Potter Trilogy series, but instead, they read for information.
Wealthy people know that you should never stop learning. If you want to become better at trading stocks, you should read financial news and trader biographies. If you’re going to become better at business to expand it, read business guides and anything related to business.
Be open-minded to all information and not only believe in people who think the same thing as you do. Continual reading will push you forward information you might have overlooked.
Rich people read every day to gain knowledge and maintain it.
Regular Exercise
Exercise is not just for your physical body, but also for your brain. When you exercise, the blood flow increases all the way from the body and brain.
There is a part of your brain in the temporal lobe called the hippocampus which plays a big role in memory and learning, and this is highly active when you exercise. Millionaires knew that this trick could help kickstart their brains and get past mental roadblocks.
Exercising is extremely powerful and a natural way to lift your mood, fight depression and improve your life. Thus, to change the way you think, start by sweating out your body.
Do 5 Hours of Volunteer Work
Out of all the millionaires Thomas C. Corley studied, 72% devoted five hours or more to volunteer work.
Volunteering for a few hours every month can give you a well-needed opportunity to release yourself from unwanted thoughts you are struggling with. Millionaires have wealth and use it to help others. They give back to the community that shaped them into who they are.
Goal Setting
Planning a strategy is essential. Every person has dreams of what they want to achieve, but a millionaire mindset establishes goals. Goals should not only be a wishful thought; they should be a direct method of attack on how to turn it into a sweet reality.
You should have a specific goal. Having a lot of goals could divert your attention to what you really want. Build a thorough and detailed plan of what you want to accomplish, when you want to achieve it, and why you have to achieve it.
Persevere Your “OWN” Goal
There is no such thing as one size fits all strategy. Your goal is and should probably be way different from what other people have in mind. You cannot let other people’s goals get into you.
You gave to march to the beat of your own drum. Use your ideas to make an impact and never hold back on how you want you lead your life. Be a trailblazer instead of merely following trails.
Get 7 Hours of Sleep
Solid night sleep is essential to the brain’s functioning at your best potential.
Studies show that mental activity diminishes after 4 hours. So if you want to get a lot done, do it in four hours chunks with breaks in between. Using up all of your time functioning doesn’t mean you’ll have much work done. Instead, use quite a lot on your sleep for a better mental function.
Set-up A Waking Routine
Early sleep and rise make a man wealthy and wise.
So how early should I wake up? Start a routine of waking up three hours before the workday starts. Instead of crappily rolling in the bed and rushing late every day, millionaires spare time to prepare themselves and feel like they are in control of their whole day.
Have Multiple Source of Income
Average millionaires have seven sources of income. Some sources may be challenging to establish, but some only require very little or no maintenance to keep revenue running to you once they are up. Investments are the best way to make money work for you.
Look for a Mentor
Some people say having a mentor is necessary, but some are better off not looking for a mentor. Let the trials and errors be your mentor. Pursue your own path. Create your own trails. Go on your own time without expecting anyone to go out of their way to help you.
Surround Yourself with Success
It is easier for you to achieve your dreams when the people surrounding you are doing the same thing.
It is necessary to enclose yourself with supportive people, who don’t bring you down, who trust you in what you do and push you in a positive direction.
Surround yourself with the people you choose. They don’t have to be wealthy, but they should be trustworthy. Someone who can give you honest critics and feedback when you need it.
It would help if you had someone loyal, accountable, disciplined, enthusiastic, and have a high positive outlook on life in the long run. Finding such people can change how you perceive the world.
Help Other People Succeed
You don’t have to lend a hand to every people you see, and you might find that too draining. Instead, focus on people who walk in the same direction as you do. Helping other people to take one step closer to their dream actually enables you to succeed.
Have a Positive Outlook
View every failure as something to learn from without throwing a self-pity party or wishing things were different. Let’s take losing your job as an example. That would indeed be disastrous but instead of seeing it like that, look at it as a new opportunity to find a better job or start up a new business. Look at everything with a positive view.
Never Follow the Herd
Listen to your guts and put yourself out there if you plan to build wealth. Don’t take a path just because you see a lot of people succeed on it. Do not settle with the rest of the herd. You might find the path they take a little unconventional for you.
Have A Good Etiquette
You should create a conscious effort to be appreciative of those people around you. Avoid talking behind people’s backs and disrespecting people around you.
Designate A Time to Think
Commit 15-30 minutes of your day to think. Allow yourself to organize your thoughts and make sure to take them down in a journal.
Solicit Feedback
The most brilliant people out there are smart enough to admit that they don’t know everything. And because of that, they try to solicit feedback to point them in the right direction.
Enjoy the Detours
Anything is indeed possible as long as you’re still alive. Just enjoy the process of reaching your goal, and never giving up is the most important catalyst to get there.
