10 Habits of Self-Made Successful Millionaires & Why You Should Immediately Adopt them.

Who wants to be a millionaire?

Every Individual would have a dream of becoming the most Successful in their respective Fields whether it’s in sports, Educational, Technology, Etc. Achieving your Goal is not an easy thing to do, and one must be prepared to be focused mentally as well as physically toward their dreams. Now the question is HOW TO BECOME SUCCESSFUL? And WHY THESE HABITS MATTERS THE MOST?

Well Studies shows us that our habits are only responsible for us being rich or poor, we are the one who is going to write our own destiny, it’s often two or three habits that separate the wealthy from those who are financially challenged…. Believe me, it’s not a game of luck or anything because all the 80% of the Millionaire are SELFMADE.

 First, let’s see why these habits matter the most?

·        Your habits are the reason for you being rich or poor.

·        Your Daily routines surely affect your happiness, sadness, stress, relationships, and health.

·        The company you keep with yourself also affects your thinking and could be one of the reasons of your Downfall so make sure to sort the good ones out.

·        Making Changes in your lifestyle will lead you to become the future Millionaire.

So here are the most important Rich Habits that you can adapt to become the wealthiest person one can be:-

1.     They Rise up Early:-

As the elders said Early to Bed Early to Rise, Getting up early in the morning is the first most important habit one can adopt. In Reel life, the millionaire's life is displayed quite wrongly as they get up late as the breakfast is served on a silver platter. (I always had a question in my mind do the actor's brush or what?). Most of the Millionaires wake up at 6 a.m. as they get more hours of the day as compare to the rest of the world sleeping in that extra time. At the same time getting enough sleep is also an important factor. They make sure to get enough sleep so their creative juices can steadily flow throughout the day and besides if you don’t dream, you ain’t got any goals to chase. According to Studies – “Successful people sleep a respectable average of 7 hours “

Fact-

·         44% of wealthy wake up 3 hours before work starts vs.3% for poor

 

 

2.    They Exercise Regularly:-

Not every millionaire always spend his time in the dreamlike offices discussing business plans on a phone call, having a conference and leaning back in their chairs with their legs crisscrossed on their desk. However, they have some other interests too and they know the importance of working of the bodies warming it up in order to improve his mental performance and productivity.

It is necessary to have a fixed steady exercise routine with a favorite sport just to keep the mind away from getting bored.  Stanley found that most millionaires exercise for 3.5 hours a week. Exercise also increases the production of glucose. Glucose is brain fuel.

Fact: -

·         76% of wealthy exercise aerobically 4 days a week. 23% of the poor don’t.

 

3.    They Make Reading A Habit:-

Not only exercising your body is Important, it is also a great habit to exercise your brain by reading. Rich people read every day, not just for entertainment purposes but to increase their knowledge or improve your lifestyle. Corley found that they tend to read four types of books: educational career-related material, biographies of successful people, personal development, and history.

Well making reading a habit doesn’t include reading the Facebook posts, reading memes. And other entertainment magazines. “85% of millionaires read two or more books a month,” says Corley.

Fact: -

·        88% of wealthy read 30 minutes or more each day for education or career reasons vs 2% for poor.

·         63% of wealthy listen to audio books during commute to work vs. 5% for poor people.

 

4.    Build a Strong Network and avoid bad company:-

As the quote says “Work in silence and let your Success roar”, well how true is it? Most of the millionaires won’t work silently, they always make sure to talk to people as much as they can this helps not only in expanding their pool of resources and wisdom but also to keep their progress up to date in the advancing time. Always remember to avoid negative people and influences. As the athletes learn from their coaches, the doctors from the doctors similarly a Millionaire learns from the wealthy.

Have a problem contacting your idol? never mind using the vast resources available on the internet. YouTube is one of the best websites to watch and listen to their knowledge at the same time.  Love to read? Get a copy of their books that will surely help you. 

Fact:-

• Of wealthy, successful people, 86 % associated with other successful people.
• 96% of struggling financially people stick with others struggling financially.

5.    Find A Mentor:-

Mentors regularly and actively participate in your growth by teaching you what to do and what not to do. One common theme among millionaires, almost all of them had a mentor guiding them in the right direction and teaching them successful habits. They share with you valuable life lessons they learned either from their own mentors or from the school of hard knocks.

There is Lot of things to learn from Lot of People out there, keep your eyes always open you will find one.

6.    Love What You Do and Always Be POSITIVE:-

No matter how hard you try to achieve your goal if you don’t love what you do you are wasting your valuable time. It always not about Money, it’s about dream and passion. If you don’t believe me? Let me explain, trying new food dishes or watching a movie and reviewing them will get you some good amount of money. If you love traveling start a travel blog.

Fact:-

·         67% of wealthy write down their goals vs. 17% for poor.

·         81% of wealthy maintain a to-do list vs. 19% for poor.

7.     Learn To Invest:-

In our childhood we were always taught that- “time is money”, to save both time & money. However, as children, we view money as a tool with which to buy candy, toys and other things that make us happy. As a result, we naturally begin to look at saving money as a punishment, something that deprives us of the things we desire, as adults, this habit manifests in our desire to spend money as soon as we earn it. Here your investing skills will prove handy. Make a to-do list, finish the work before the given time, Choose the easy tasks first so that you will be left with enough time behind, Invest your time in the work you love, spend only on things that will be useful.

       Fact:-

·         81% of wealthy maintain a to-do list vs. 19% for poor.

8.    Control Your Financial Life:-

The habit of saving money out of every paycheck will cause your financial fortress account to grow. The small amount you save will save your future as well. In a year, you'll have a few hundred dollars. In a couple of years, you'll have a few thousand. In 10 to 20 years, you'll have several hundred thousand, or even a million. When you get a bonus or receive an income tax refund instead of spending it immediately, as unsuccessful people do, instead put it into your financial fortress account.

 

Fact:-

·         83% of millionaires adopts the habit of saving. 

 

9.    Overcoming Your Fears:-

Fears are present in all of us, and the main reason why, is that they are easy to conquer. Regardless of what your fears are today, they will never go away; instead, they change shape and form. Even after you make millions, you will still be faced with internal fears. The simplest of examples is being afraid to lose money shouldn’t prevent you from learning and participating in various projects filled with risk. The best way to overcome your fears is to constantly take action, jump in, and eventually figure it out.

Fact:-

·         79% of millionaires have a source of income from most of the least expected project that turns out to be a big hit in the future.

 

10.  Avoid Over Speeding:-

Wealthy people avoid overspending by paying their future selves first.” Successful people have a habit of saving and budgeting what they spend.  “Among those who are struggling financially, almost all are living above their means. They spend more than they earn, and their debt is overwhelming them.” Corley writes

Fact:-

·         They save 20% of their net income and live on the remaining 80%.