He bought his first share at age 11 and he now regrets that he started too late! Today he is 3rd richest man in the world but still lives in the same small 3 bedroom house which he bought after he got married 50 years ago.' Yes it’s none other than Warren Buffet, the ‘Oracle of Omaha’.
What makes a millionaire different from others? Is it only the number of zeros they have in their net wealth or their thinking, attitude and predetermination?
Let’s find out the unique characteristics of the super rich which make them different from the crowd.
Secret 1 Eliminate Self-Doubt
You call yourself self confident but even the most self confident person also doubts his capabilities from time to time. One can’t avoid it but can strategize to overcome these self doubts. Millionaires put this doubt of being rich and successful far aside and start with their set goals.
“I always knew I was going to be rich. I don't think I ever doubted it for a minute,” – Warren Buffet.
Secret 2 They Create Concrete Goals
Rich people create a definite set of goals and spend each and every minute to take a consistent effort to work on it and fulfill it within the time set. But the crowds, who only set a goal and forget about it, are the one who miss the opportunity to achieve something great.
Denis Watleyn, a Personal Development Coach said: “Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them.”
Rich people create a definite set of goals and spend each and every minute to take a consistent effort to work on it and fulfill it within the time set. But the crowds, who only set a goal and forget about it, are the one who miss the opportunity to achieve something great.
Denis Watleyn, a Personal Development Coach said: “Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them.”
Secret 3 They Commit To Their Own Agenda
Wealthy people complete their tasks first before moving on to nest set goals and to help others. They stick to their agenda and work tirelessly to accomplish it regardless of what other people say. How can we forget to mention about Mark Zuckerberg, Bill Gates and late Steve Jobs who dropped college to execute their dreams contrary to the expectations of society.
Secret 4 They Take Initiatives
They say there are three types of people in the world – those who make things happen; those who wait for things to happen and those who always asks ‘what happened’. Rich people are of the first kinds. They always believe in taking initiatives and make things happen. They don’t wait for others, always stand alone and respond to whatever’s happening and do they feel is right.
"You only have to do a very few things right in your life so long as you don't do too many things wrong" – Warren Buffet.
Secret 5 They Pursue Tasks to Completion
Rich people never leave anything incomplete whether it is personal relationship or a professional matter. They will never leave a project unfinished or their bills unpaid (at least for long). They know the fact very well that keeping a work pending for loan saps energy and hijacks thoughts and hence they smartly avoid it.
Secret 6 They Say ‘NO’ When They Want To
They have a set of goals and they know when and how to say ‘no’ to the things which does not help in pushing their goals. It’s very much apparent that the more wealthier you are the more people will want you to involve with them. But if one doesn’t know the art of refusing then he will be soon in trouble.
Late Apple founder Steve Jobs said: “Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking.”
Secret 7 They Do Things They Enjoy and Have Always Wanted To Do
Rich people do what they love to do not only because of the fact that they have the liberty to do so, but because they know this love for their work will be fruitful as it is also their passion. Common people work only to earn money even if they don’t like their work, but this is not what millionaires think.
David Sarnoff said, “Nobody can be successful unless he loves his work,” and E.M Forster added ‘‘One person with passion is better than forty people merely interested.”
Secret 8 They Eat Well and Exercise and Live Healthy
As they say, wealth lost, something lost but health lost is everything lost. Rich people are most of the times frugal but they invest for themselves for their health care and proper and best education. This investment helps them to get richer. Want to know how? It’s simple; if they are healthy and well educated then they can start and grow new businesses. When the business succeeds, they put back the profits for their ventures again. Being frugal and investing in you is a good start to become healthy and wealthy.
Time magazine states, “Daily rigorous physical activity not only helps strengthen bones and the heart, but it also teaches balance, critical in preventing the falls that have become a leading cause of death as we age.”
Secret 9 They Seek Balance between Work and Family
Rich people value their work as well as families. They don’t tend to ignore their spiritual lives and commitment to society. A study by Paul G. Schervish and John J. Havens of Boston College stated that 97 percent of the millionaires are actively indulged in teaching values to their kids.
Secret 10 They Always Have a Winning Attitude
Attitudes are simply of two types - Good attitudes and Bad attitudes. Good Attitude always inclines towards winning attitude in future. if you have good attitude, you will always find solutions for your problems rather than sitting and waiting for any miracle to happen. This is what a millionaire does. Their speech and actions always reflects their winning attitudes even in worst situations.
Secret 11 They Don’t Outsmart Other People
You can avail the information about publicly traded investments as they are easily dispersed. This information is studied by millions of investors and financial professionals, who establish stock prices based on this data. Rich people never try to contradict these predictions and don’t forecast the future when they invest. Wealthy people always try to reduce risk and capture market return using diversified portfolio. Common people are the one who commit this mistake by predicting the future of a particular stock.
Wealthy people complete their tasks first before moving on to nest set goals and to help others. They stick to their agenda and work tirelessly to accomplish it regardless of what other people say. How can we forget to mention about Mark Zuckerberg, Bill Gates and late Steve Jobs who dropped college to execute their dreams contrary to the expectations of society.
Secret 4 They Take Initiatives
They say there are three types of people in the world – those who make things happen; those who wait for things to happen and those who always asks ‘what happened’. Rich people are of the first kinds. They always believe in taking initiatives and make things happen. They don’t wait for others, always stand alone and respond to whatever’s happening and do they feel is right.
"You only have to do a very few things right in your life so long as you don't do too many things wrong" – Warren Buffet.
Secret 5 They Pursue Tasks to Completion
Rich people never leave anything incomplete whether it is personal relationship or a professional matter. They will never leave a project unfinished or their bills unpaid (at least for long). They know the fact very well that keeping a work pending for loan saps energy and hijacks thoughts and hence they smartly avoid it.
Secret 6 They Say ‘NO’ When They Want To
They have a set of goals and they know when and how to say ‘no’ to the things which does not help in pushing their goals. It’s very much apparent that the more wealthier you are the more people will want you to involve with them. But if one doesn’t know the art of refusing then he will be soon in trouble.
Late Apple founder Steve Jobs said: “Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking.”
Secret 7 They Do Things They Enjoy and Have Always Wanted To Do
Rich people do what they love to do not only because of the fact that they have the liberty to do so, but because they know this love for their work will be fruitful as it is also their passion. Common people work only to earn money even if they don’t like their work, but this is not what millionaires think.
David Sarnoff said, “Nobody can be successful unless he loves his work,” and E.M Forster added ‘‘One person with passion is better than forty people merely interested.”
Secret 8 They Eat Well and Exercise and Live Healthy
As they say, wealth lost, something lost but health lost is everything lost. Rich people are most of the times frugal but they invest for themselves for their health care and proper and best education. This investment helps them to get richer. Want to know how? It’s simple; if they are healthy and well educated then they can start and grow new businesses. When the business succeeds, they put back the profits for their ventures again. Being frugal and investing in you is a good start to become healthy and wealthy.
Time magazine states, “Daily rigorous physical activity not only helps strengthen bones and the heart, but it also teaches balance, critical in preventing the falls that have become a leading cause of death as we age.”
Secret 9 They Seek Balance between Work and Family
Rich people value their work as well as families. They don’t tend to ignore their spiritual lives and commitment to society. A study by Paul G. Schervish and John J. Havens of Boston College stated that 97 percent of the millionaires are actively indulged in teaching values to their kids.
Secret 10 They Always Have a Winning Attitude
Attitudes are simply of two types - Good attitudes and Bad attitudes. Good Attitude always inclines towards winning attitude in future. if you have good attitude, you will always find solutions for your problems rather than sitting and waiting for any miracle to happen. This is what a millionaire does. Their speech and actions always reflects their winning attitudes even in worst situations.
Secret 11 They Don’t Outsmart Other People
You can avail the information about publicly traded investments as they are easily dispersed. This information is studied by millions of investors and financial professionals, who establish stock prices based on this data. Rich people never try to contradict these predictions and don’t forecast the future when they invest. Wealthy people always try to reduce risk and capture market return using diversified portfolio. Common people are the one who commit this mistake by predicting the future of a particular stock.
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