Habits Of Self-Made Millionaires We Can Try In 2019

Advisor September 8, 2019

An empire doesn’t get built overnight. Same goes for the empires of the self-made millionaires we know like Oprah Winfrey and Howard Schultz. Being rich means to have an attitude and willing to do what it takes to reach the top. There should be discipline and passion to be successful in one’s respective field.

Tom Corley is an accountant and a financial planner who got curious about what these self-made millionaires do with their days. This led him to investigate and survey 233 wealthy individuals to see if there is a common pattern. He published a book entitled Change Your Habits, Change Your Life to write about his findings. And low and behold, there definitely is a common ground to the habits of these wealthy people.

Millionaires know what it takes to reach the top.

Getting regular exercise

The self-made millionaires earned what they have now because of dedication and discipline. This includes a habitual exercise that will have a huge help on their mental and body health. The supermodels are supermodels because of the time they spend in the gym and following a healthy diet prescribed by their nutritionists.

Exercising is not just to look good on the outside, but mostly to feel good on the inside. A man like Mark Zuckerberg is one of those self-made millionaires who puts exercise as a part of his daily routine.

Mark Zuckerberg is one millionaire who dedicates a lot of his time to a healthy lifestyle.

Reading everyday

Reading, just like exercise, stimulates the brain, making it healthier and away from future brain-related disorders. Corley found out that most wealthy people read a minimum of 30 minutes per day. They mostly read non-fiction, self-help, biographies, and news to feed their brain with new information. This information will become a great help when it comes to doing business with other people. They make sure that they’re updated to current world news and events so that they’ll be able to make improvements to their services that will impact the world.

Creating more sources of income

This is a common trend that we can see in Hollywood nowadays. Actors are becoming producers, directors, and even company owners. Why? To create a financial security of some sorts. In this way, having another source of income will build our wealth faster than just solely focusing on one. This will also become helpful when emergencies happen, such as unpredicted bankruptcy. Developing multiple incomes may be difficult to balance, but it will give a much stronger foundation to our finances.

They sleep

They all try to have time for at least 8 hours of good sleep.

Midnight-oil burners are so yesterday, Now, wealthy and rich people prioritize their health above all else. After scientific researchers found out that lack of sleep can harm our lives, in the long run, more and more people are now becoming more conscious about this part. Same is true for the self-made millionaires that are interviewed by Tom Corley. In this survey, an astonishing 88% of respondents say that they sleep 7-8 hours a day. All the more reason to love sleep.

Interpersonal relationship

No man is truly an island that is why having a good social skill is a bonus in today’s generation. In Corley’s survey, most of the wealthy people reported of having a supportive network of friends. These are the people that will push them to do more and be more. They are very goal-driven and they make sure that the people surrounding them will also rise.

Wealthy people don’t really dwell on toxic relationships. They decipher whether a person will serve as an inspiration or just someone who will drag them down. And for the majority of the respondents, they’d always prefer the company of people who will help them grow.

Bottomline:

These five habits that we’re talking about is all about balance. Getting wealthy is impossible by overworking, and at the same time, it’s impossible by lounging on the sofa. There should be a balance between work and personal life, and this is something that we must maintain. Working hard is not enough. Sometimes, we have to take a step back, assess the situation, and have a more holistic approach to things. From body to mind, to social relationships, everything plays a vital role in our success. This list will show us how important it is to also invest in ourselves.