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233 Millionaires Claim that These 5 Secret Habits Made Everything Possible

Millionaire habits
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And we are talking about men and women who made their fortune from the scratch. 233 of them claim that these 5 secret habits made it all possible. One has to take this seriously because you don’t hear millionaires talking stupid or act stupid. Whatever they do or say has only one motivation – to push even more.

According to these 233 individuals, it all starts with defining and understanding your own dreams and vision.

Habit #1 – Clear Vision of Life

Everybody dreams and it is this process which acts as a trigger. The only thing to do is to catalyze that dream into a series of actions.

In order to do that, one has to define where one sees self in 5, 10, 15 and 20 years. And everything has to fit in less than 500 words on a single sheet of paper. It may not look like that when you start writing and you shouldn’t even try to limit yourself.

Put everything down and crystalize later. Trim to the bone structure and focus on realism. Once you trim it, answer few questions: Should I do that and that? Am I capable of doing that and that? If not, can I develop and progress?

 

One of the first things you need to do is to set up the auxiliary income sources.

Habit #2 – More Income Sources

What separates these 233 from the majority is the fact that they didn’t limit themselves to one single income source which could mean disaster if it somehow collapsed.

It sounds easy but one has to learn and develop in more than one segment of the life in order to learn and effectively use additional skills and resources.

For example: tutoring, learning entirely new set of skills, consulting and passive income – it all has to be learned and mastered.

That leads us to a third important habit.

Habit #3 – Make Every Effort to Avoid Losing Time

How many hours do you spend watching TV or surfing the net? Do you love group sports to the point that you have a habit of spending more than two hours every day throwing balls or swimming?

Not that there is something universally wrong with sports, recreation and relaxation, but if you are about to succeed, you need to learn how to control the time. Time is a valuable asset.

You need to learn and you need to participate in activities that have the potential to lead you to your dreams. That means that you need to adjust your time schedule and optimize it perfectly if you’re in a pursuit for long term success. Something has to go. It’s your choice.

 

And one of the most useful ways to spend some of the time is with mentor.

Habit #4 – We All Need Mentorship

All 233 admit that without guidance and mentors, it is highly unlikely that they would be able to reach the level of success they have. Parents, good teachers, business mentors and good readings all count.

Finding a great mentor who will guide you and point out possible errors and the ways to avoid them is crucial. It’s the way we live as a species. We learn from others who experienced and who know.

 

And they know only because they are persistent and never give up from their dreams.

Habit #5 – Determination and Perseverance

Probably the hardest thing to do is to stay focused and determined for a long period of time. For some reason, no matter how hot it seems and feels, most of the people start to lose interest and eventually shift their focus to something entirely different.

In turn, they fail.

Once you set up your mind about something, the only way to do it and to succeed in it is to keep it pushing and the best way to deal with acute and chronic lack of perseverance is symbolism.

You have to have something that you can see and feel which has the power to occasionally remind you why you are doing what you’re doing. What is the ultimate goal? What is so important you haven’t spent the last few Sundays with your family?

 

If you want to succeed, make your peace with the fact that you will be spending less time with your family and friends. There is no other way around it for at least the first five years. After that, if you play it smart, everything will fit right in. 

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