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5 Revealing Skills of Self-Made Millionaires You Must Have

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5 Revealling Skills of Self-Made Millionaires You Must Have

My life is just constant consumption. In a good way.

I have spent the last couple years spending every moment of free time listening to audiobooks and podcasts of successful people on two times speed. At lunch. In line. In the car. And I have managed to squeeze in numerous hours everyday.

 

5 Revealing Skills of Self-Made Millionaires

I am saying this not to brag, but to show you how us ambitious people think differently. And as you can imagine, you start seeing clear patterns as you consume so much.

In this article, I will share with you 5 lessons I learned from studying the most motivated, successful people I have ever met:

 

1. Fail More and Fail Often

Mark Zuckerberg said in an interview that the biggest failure is not even trying. Failure is actually a great thing because it helps you learn.

Without even trying, you don’t fail because you are scared to even begin because of the fear of failure. In reality, most failures do not harm your reputation or life, which is what’s most important.

Tell yourself it’s OK to make mistakes. It is through these mistakes that you learn how to improve.

Thomas Edison failed at the light bulb 1,000 times but he called it;

“finding 1,000 ways that didn’t work.”

Each failure helped him move towards the right solution.

Learn from other people’s mistakes to save yourself time. I have read a number of books by billionaires. Many of these entrepreneurs, such as Sam Walton, had a lesson that took them years and thousands of dollars to learn. You can shortcut your success by learning from history.

 

2. Reward Yourself

In the book The Power of Habit, it’s found that all habits form through a reward system. Therefore, it’s important to use rewards to build great routines.

Give love to yourself with rewards for good behavior. Give yourself a healthy beneficial gift like green tea or kale chips when you do something good.

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Reward your mind with great thoughts, personal development, a break, alone time, or exercise to feel refreshed.

Find what reward works best for you. It could be a walk outdoors to spend time alone with nature. It could be a trip to an exotic beach to savor the sands and ocean.

 

3. Stop Chasing Other People’s Goals

Tons of people have told me that I’m very “brave” for choosing to pursue a career outside of what my parents want. Society lives a life of pleasing family and friends. They chase approval and love by constructing a life that’s best for others rather than themselves.

We are bombarded by influences from religion, government, culture, sexual norms, and media that are not true.

Steve Jobs said in an interview that the rules of society are made by people no smarter than you. Sometimes, they aren’t right.

Why does doing something make you a slut? Why can’t you live a certain life? Why must you be a doctor, engineer, or lawyer? Will becoming one really make you happier or more attractive or is that just another theory from people who haven’t achieved it themselves?

Don’t waste too much of your life pursuing a dream that’s not relevant. Many people have wasted 20 years of their life pursuing a career that they never wanted only to finally realize it. You can’t get that time back.

Don’t forget about what you want yourself. That doesn’t mean going to the opposite extreme and being so selfish that you don’t help anyone else. It just means deciding on what you want.

Your worth and happiness can and should come from inside. Businesses and the influences mentioned earlier can trick you into believing that you can’t without purchasing products, becoming rich, or having materialistic, superficial possessions… but don’t believe a word of it.

 

4. Have a Positive Attitude

Always be positive and optimistic. Surround yourself with cheerful, successful, happy people. People who push you higher while you push them higher. Avoid those who tear you down because they are feeling down.

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You will notice that successful people stay positive despite the darkest hours of their life because it helps them persevere and succeed while others give up.

“Patience, persistence and perspiration make an unbeatable combination for success.” – Napoleon Hill

Decide to look at the brighter side to every situation. Model yourself after bright forces like Ellen DeGeneres who always look to see how the glass is half full — with a dose of humor.

If you’re starving on the street, tell yourself, “at least I’m still alive!” If you’re not as rich as you can be, tell yourself, “at least I was born in a country that gives me a chance to choose what I want to do.” If you’re unemployed, tell yourself, “at least I’m not starving!”

Without this sense of reminder, you can end up a rich person with all these luxuries who is still complaining and focused on what you don’t have.

 

5. Focus On the Baby Steps

Because of the overwhelming nature of the goals you want to achieve, you will most likely have negative thoughts, overwhelm, stress, and fear appear in your mind. These goals are so big that they scare you from beginning.

To avoid procrastination, focus on just the next baby step. You won’t see the results of your work for years, but if you can focus on that one tiny task and reward yourself, you will move slowly but steadily to your goal.

I congratulate myself for reading a few pages of a book every day. I know on the daily and weekly level, it’s not much but I know that staying consistent helps me overcome that hump of avoidance. This leads to massive results in the long run.

“The journey of a thousand miles begins with one step.” – Lao Tzu

 

Conclusion

My journey is not complete. I am not where I want to be one day. Neither are you. But we can get there faster by modeling the masters.

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Now, I have a question for you: How do you picture your dream life?

I want to know every little detail of it in the comments below. Tell me how the sand feels in your feet, how the wind hits your hair, and how your morning looks. I would love to continue the discussion.

Do you study self-made millionaires? Leave a comment below.

Will Chou is a personal development blogger who uses science-backed evidence. He has free gifts specially made for Wealth Gorilla readers at WillYouLaugh.com/WG.

6 Comments

6 Comments

  1. dan

    Oct 1, 2016 at 7:25 am

    well, i’m happy where i am but we tend to forget it all the time due to outside circumstances..
    my dream and what i’m working on right now is living a contentment life NOT chasing/being aware of the next dopamine release.
    P.S. I fall in love with this post and shared it with few of my friends!

  2. Seth Tubre

    Oct 6, 2016 at 9:45 am

    Thanks Will! These lessons are awesome!! I particularly like the last one about focusing on the baby steps. Usually I try to take on tasks in big gulps and get frustrated with slow progression. But I’ll remember to take it one step at a time and rewarding myself a little.
    I picture my dream life filled with peace. I will be my own boss, blogging, writing my books, and building my dream home.

    • Dan Western

      Oct 7, 2016 at 10:16 am

      Baby steps Seth, baby steps!

      Your dream life sounds pretty damn good, I’mma check out your website shortly!

      Dan

  3. Alex Liang

    Oct 7, 2016 at 10:50 pm

    Exactly it’s about rewarding the behavior rather than the results. Sometimes you can do everything right and things will still go wrong. But if you keep making the right moves, you’ll get where you want to be.

  4. Lukus

    Oct 8, 2016 at 3:58 am

    You should integrate Disqus into your website!

    ME? I just want to see less people suffer!

    I want to show them that they’re dreams might not be the best thing for them!

    Personally, on the ‘winning’ side, just an amazing husky, an amazing lady, a Porsche 911 4s, and the freedom to travel, and tell people how to find freedom and abundance through spiritual values!

  5. isaac jerry

    Oct 8, 2016 at 3:36 pm

    great

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