Tagged millionaire

Millionaires: What Do They All Have in Common?

Undoubtedly you recall the show, “Who Wants To Be A Millionaire?” but in our society or really any, the more appropriate question might be, “Who Doesn’t Want to Be a Millionaire?”  Below are several facts andmoney-1090815_640 insights gathered together by individuals who have studied and found commonalities among the rich.

Thomas Corley spent five years studying the rich and in his book, “Rich Habits: The Daily Success Habits of Wealthy Individuals” points out eight daily rituals the rich share:

  • They have a daily must-do list
  • They don’t watch TV
  • They read the financial times
  • They are healthy eaters
  • They never stop learning
  • They rise early
  • They prioritize self-improvement
  • They exercise

Steve Siebold interviewed over 1,200 of the world’s wealthiest people and in his book, “How Rich People Think” he details seven truths that millionaires hold about money.

  • Money can solve most problems
  • Your level of education is not the key to getting rich
  • Do what you love and the money tends to follow
  • You don’t need money to make money
  • If you want money, you have to go after it
  • Self-employed people determine the size of their own paycheck
  • They start thinking like a rich person

In his book, “Change Your Habits, Change Your Life”, Thomas Corley points out that rich people make a daily choice not to follow the herd.  Corley suggests, “failure to separate yourself from the herd is why most people never achieve success.  You want to separate yourself from the herd, create your own herd and then get others to join it.”

Steve Siebold seems to echo this belief by suggesting the average person has trouble breaking free from their comfort zone.  “Physical, psychological and emotional comfort is the primary goal of the middle class mindset,” but he says that world class thinkers, “…learn to be comfortable while operating in a state of ongoing uncertainty.”

Perhaps the most significant trait that the wealthy share in common according to Corley is positivity.  “Long term success is only possible when you have a positive mental outlook.”  The majority of the people in Corley’s study limited their contact with pessimistic individuals while eighty-six percent regularly associated with success-minded individuals.

As journalist Napoleon Hill put it, “There is no hope of success for the person who repels people through a negative personality.”

So, who wants to be a millionaire?  Everyone?  Who really has the will and discipline to become rich? Very few!