10 Common Characteristics of Millionaires You Can Follow

Back in 2007, Forbes Magazine reported that all over the world there are a total of 946 billionaires, and according to Capegemini, a financial consultancy firm, in 2011 there are about 10 million millionaires. All of us probably have this dream of becoming millionaires ourselves, and sometimes we’re left wondering how these once ordinary people manage to make it big.

If prima ballerinas have the characteristics of grace, flexibility and poise, and if football athletes train to be resilient and strong, millionaires also share certain character traits that groom them to become the financial successes that they are today.

Below are ten attributes that are common in most (if not all) millionaires:

#1 – They are focused

The first thing I did was commit to my success and playing to win. I swore I would focus and not even consider leaving this business until I was a millionaire or more

T. Harv Eker, millionaire and author of Secrets of the Millionaire Mind

If there’s one thing we notice about millionaires, it’s their focus on a single craft and their perseverance to succeed. Many motivational speakers and millionaires are preaching about the importance of finding your passion and committing to it until you reach success. The problem with ordinary people is that when they start seeing hurdles and problems along their chosen path, they are easily swayed into giving up. This causes them to jump from one profession to another, when the truth is, they could have made it big had they stuck it out.

#2 – They think big

As long as you’re going to be thinking anyway, think big.

Donald Trump
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For those who are familiar with billionaire Donald Trump, he always emphasizes the importance of thinking big. This doesn’t mean immediately making a grand gesture or taking risks that are larger than you can handle, it only means that even if you’re still starting small, it’s important to keep thinking about the future and the possibilities that are open to you. Sooner or later, your dreams and aspirations will eventually become your reality.

#3 – They don’t stop learning

Robert Kiyosaki, millionaire and author of Rich Dad, Poor Dad preaches the importance of continued education. This doesn’t mean having to go back to school to take a master’s degree or PhD, what he’s trying to say is that learning doesn’t stop once you graduate from college. Reading financial books, attending seminars, and even hanging out with “rich minded” people can be avenues of learning, and it’s these bits of added knowledge that can take you further in your money making skills.

#4 – They love to teach

If millionaires love to learn, it’s true that they also love to teach. Despite common belief, many millionaires love sharing what they know. The advantage of teaching others is that you also reinforce what you already know, and perhaps even learn some things you might have missed before.

These ten characteristics of millionaires isn’t something that was picked from the sky. These are all values and traits that we have learned about every since childhood, and it’s only a matter of awakening these traits within us. The best thing about it is that we too can inculcate these characteristics in ourselves and by focusing, persevering, and learning, we too can be on the path towards becoming a millionaire.



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