Habits of Self-Made Millionaires

Control your own success and adopt the habits of self-made millionaires.

Habits of Self-Made Millionaires

If you are looking to pursue your wildest dreams and live an opulent, luxurious lifestyle, it is important to cultivate the habits of self-made millionaires. The wealthiest of individuals in the world worked behind the scenes of their success to acquire their wealth. They understood that one must do something different from the masses to become wealthy. These habits became a non-negotiable for them and eventually became a natural part of them. Aristotle definitely said it best when he said, “We are what we repeatedly do. Excellence is an act but a habit.” If you want to live life on your own terms where money is no option, you have to mirror the habits of self-made millionaires.

They read daily. Have you ever heard of the old adage that “Leaders are Readers?” Well, this is a true statement. The wealthy read daily to develop and sharpen their minds and train themselves to think as a rich person. Just 30 minutes of reading a business or personal development book could help you grow mentally. Not only are traditional books are great to read, if you are a lover of technology, listening to audiobooks might pique your interest. You can learn some really great nuggets this way as well. Have your car be a rolling university or enjoy listening to your favorite audiobooks in your home office.

They surround themselves with a tribe of successful people.Every successful self-made millionaire has a tribe of other successful people whom they surround themselves with. It is very important to monitor the company you keep while you are on the road to your wealthy place and even you have “arrived.” You are the sum total of who you hang around the most. Just like a bucket of crabs, if you desire to be a millionaire, you cannot let the crabs of your life hold you down. You have to get around people who desire to be successful in life like you and who don't mind the hustle and grind of getting there.

They generate multiple streams of income. Many self-made millionaires are gained their wealth by creating and maintain multiple streams of income. This means that they accumulate their riches from more than one revenue stream. They understand that you have to diversify your income and not have all your eggs in one basket. For example, a speaker can generate multiple streams of income from their speaking business. First, their speaking engagements are one source of income. Then they can create books, webinars, online courses, VIP client days, and live events. The income potential is limitless when one creates different ways to make money! You can live your most wildest dreams when you organize your empire to generate several streams of income.

They are part of the 5 AM club. Just as the saying goes, “The early bird gets the worm,” so it is with the habits of self-made millionaires. It's just something about the mornings that gets the wealthy into a place of productivity, focus and clarity. Many have made some special time to meditate or get some very important tasks done. It gives them a jumpstart to their day and gives it a surge of energy and momentum. Try it for yourself! For the next 21 days, start waking up at 5 am during the week and set out to accomplish some tasks that you have been trying to get done for awhile and complete them. I guarantee you will feel very productive and refreshed.

They get a millionaire mentor. Just as a basketball player needs a coach to help them to become a more solid, effective player, millionaires need a mentor or business coach to assist them in the growth of their companies. Having a mentor can help even the wealthiest individual in the world! A mentor or coach will hold you accountable to achieving your business goals. They can teach you what they have learned, what mistakes they made, how they overcame adversity and show you how to get to a place of great success faster. Oftentimes, these millionaire mentors will come at an expensive price. But if you desire to be a self-made millionaire and living your dream life is no longer an option but a non-negotiable decision, you must be willing to invest and hire a coach. If you do the work, you will not be disappointed.

They help others succeed. Millionaires understand that in order to become successful and wealthy, they must help enough people succeed in life. Andrew Carnegie said it best, “No man can become rich without himself enriching others.” Becoming a self-made millionaire isn't about just you. You have to serve others and help them succeed in life. This comes with knowing who you are called to serve in your business. Your ideal client or customer is waiting on you. Suppose you are a fitness guru. Your most important goal in your business would be to help people maintain a healthy lifestyle, get fit and achieve their ideal weight. If you can do this, you have helped your customers and clients succeed in the physical arena.

They exercise their minds. Have you thought about you have been lately? One of the habits of self-made millionaires is to spend time thinking. It is very important to understand how your thoughts directly impact how much wealth you accumulate. Your favorite self-made millionaire’s empire begin with a thought. Many times, people have million dollar ideas in their minds but do not act upon them because they talk themselves out of it because something negative that someone said or what they thought about themselves. Take care to maintain a positive thought life by teaching your mind how to think in a way that will bring about wealth. One way to do this is to create wealthy affirmations and practice saying these in the mirror and mediate on these words daily and watch your mind grow.

They exercise their bodies, too. While you seek to establish your empire, it is important to exercise your body. When you reach your wealthy pinnacle of success, I'm sure you would want to be around to enjoy it. That's why it's important to take care of yourself while you build your business. This crucial habit often goes unnoticed because we are so busy and don't have time to exercise. Exercising your body will give you more physical stamina, energy and will keep you looking great and young. Try to incorporating a simple yet effective regimen as apart of your daily routine. There are several exercise apps out there that can help you create a routine. Or invest in a personal trainer to help you achieve your exercise goals.

They are trendsetters. On your road to become wealthy, it can be very easy to get distracted and look at the success stories on social media and become discouraged. Even your story doesn't resemble the story of your favorite actor/actress or singer or artist, you can still become a millionaire and live in the opulent lifestyle. Everyone’s story is different. Everyone may want the success of the wealthy but cannot handle their setbacks. I challenge you to stay focused in own lane and be a trendsetter. Do something differently in your area of expertise that will set yourself apart from the next self-made millionaire. You are the next you!

They pursue their dreams. Have you ever set out to do something in life that someone else told you should do? How did it make you feel? Unfulfilled? Irritated? Did you dread doing it? Self-made millionaires have the zeal, courage, boldness and drive to pursue their own dreams. It is very important for you to follow this habit as well. Living in your passion and purpose would bring you so much joy and fulfillment. You will feel like you are making a great contribution to the world. You will know that you are doing something meaningful and your life will be better off because you are operating in your element. Oftentimes, this is where we would graciously do this thing for free but not only is our passion and gift meant to help people but it is meant to make us wealthy. Decide to you will pursue your own dreams so you can feel free to flourish in your wealthy place.

All of these habits of self-made millionaires are definitely doable and attainable. Some may come easy to you while others may take some getting used to. If you want to live life in abundance in every area of your life, you will want to make the commitment. I encourage to get an accountability partner to start using these tools for 30 days. Decide today that you will begin to cultivate these habits into your everyday life and watch how much you, your business and your income grows. You will be glad you did! Cheers!

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Lindsie Polhemus
Lindsie Polhemus
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Lindsie Polhemus

Lover of dogs, wine, and buffalo chicken. Laughing through this thing called life.

See all posts by Lindsie Polhemus