Self-made millionaires may seem like a foreign phenomenon, occurring once in a blue moon by a stroke of pure luck. This perception could not be further from the truth. These businessmen and women simply follow a tried and tested formula that embraces success and hard work.
Here are five things that self-made millionaires do differently:
1. Have a deep desire to succeed
Without an innate desire to succeed, an individual is guaranteed to not perform to the best of their abilities.
This is true in all aspects of life, but it is especially true in relation to professional development.
Self-made millionaires possess a deep desire to do their best. I firmly believe that this drive comes from formative childhood experiences. My early adulthood was hammered in the harsh realities of dealing with culture shock and financial hardship.
Without these experiences under my belt, I never would have developed my fiery passion for property investment and helping others.
2. Place others before themselves
While many believe this is not the case, self-made millionaires want to see others succeed before themselves.
We are invested in supporting an economic and social environment that does not just cater to our own needs. It needs to be an environment where everyone prospers.
Interestingly enough, this environment becomes a measure of our own future successes. It’s crucial during the formative years of a self-made millionaire’s career. If the environment we are part of doesn’t support our ideas, we cannot succeed.
3. Discipline, discipline, discipline
Discipline is the key to becoming a master of your practice.
The routines that I developed during my earlier days to simultaneously work, study, and complete assignments are what helped me maintain the focus I needed in the next phase of my career.
To successfully invest in a number of properties, and eventually start Dream Design Property, I needed to rely on and build upon the strict routines that guided me during the earlier years of my career.
4. Stick to winning formulas
As individuals that embrace a landscape full of creativity and success, self-made millionaires love new ideas.
Despite this, self-made millionaires follow the same proven formulas that have been proven to work in the past. Under this approach, I built a successful portfolio of 10 properties, valued at over $3 million just a few years after starting out. I now head up a company employing 15 people who help others get started investing in property.
Constantly diving into new ventures can indeed be very exciting, but they are also risky. You do not always have a great pay off. By repeating what has worked in the past, self-made millionaires know what works and what does not.
5. Embrace every avenue of help
In the same way that self-made millionaires embrace the success of everything around them, we are also open to all avenues of help that may come our way.
This mentorship and training is what fuels our hunger to learn and be inspired in new and exciting ways. Without the input of others, we run the risk of developing tunnel-vision that blinds us to future success.
It is this reliance on constant sources of help that drove me to start my business and help others.