Becoming a millionaire is not usually an accident. Sure, you can win the lottery but the chances are 1 in 304 billion. And with modern medicine getting better and better your wealthy parents might just live longer than you do! You need a plan.
Now, I’m not pretending to be a millionaire. But I have had the privilege of growing up around a few. In this article I’m going to talk about some of the daily habits of the rich and successful. Hopefully you can apply them to your own business life and get closer to that magic number.
A word of caution about millionaires
I grew up in middle-class family that enjoyed both prosperous times and really difficult times. I am part of a family where my uncles and my grandfather are exceedingly wealthy but my father isn’t. This strange situation gave me insights in to both the attitudes and habits of the rich and successful and those that didn’t quite make it.
I once heard someone close to me say that
you can only become rich if you come from a rich family. And while it is probably statistically more probable, it is also a load of shit. Now, I am not going to pretend that growing up around people who have made massive fortunes does not give you an incredible insight in to how to behave and think like a successful person. It does. But it also cripples a lot of people with
arrogance and laziness. And for every millionaire’s child who also became a millionaire, there is a millionaire’s child who squandered it all.
And then there are the countless number of self-made successful people. People who did it without the advantage of good advice from grandparents.
Genetic millionaires?
Becoming a millionaire is a lot like becoming a professional sports player. Sure, your genetic gifts and upbringing are a huge advantage but, for the most part, you would choose to have average genetic abilities but be hard working, diligent and smart as opposed to genetically gifted and none of the other things.
Millionaires are made by thinking and acting like a millionaire; not being brought up by one. Understanding this is possibly your biggest step.