Wisdom From Books

Nine habits of self made millionaires

Posted on: July 26, 2010

Habit 1: Always exceed expectation

Self made millionaires always exceed expectations. There are three kinds of people at work: Those who meet expectation, those who exceed expectation and those who do just what they are told to do. People who exceed expectations add value to any organization wherever they work. 

 Habit 2: Be proactive

Don’t just sit and watch things happening – Be the change you want to see!

Asian currency crisis of Singapore in 1997 hit many companies every hard. However, CEO Ron Sim of Osim International (a company that develops luxury massage chairs) took the proactive action and entered new markets like Hong Kong and Taiwan. Result: Profits of Osim increased!

 Habit 3: Take 100% responsibility

Don’t blame Government, climate, society, parents, education or any one else please. People who make millions take 100% ownership of their life.

Habit 4: Delayed Gratification

What if you have a goose which gives a golden egg each day? Will you be happy on an egg a day or will you try to open the stomach of goose to get all golden eggs at once? As a result, there won’t be any egg at all.! There are lots of years invested by people before they get an ‘overnight’ success. Invest before you get returns.

Habit 5: Love what you do

If you don’t find the job you love the love the job you find!

If you love what you are doing, you don’t have to work another day in your life.

If a person is obsessed with the work he or she is doing, results are far superior than the person who is just doing the work for sake of doing it.

Habit 6: Act with integrity

“What was the key factor leading to your wealth”? When this question was asked by Thomas Stanley, majority of 733 multi-millionaires responded ‘being honest with people’. Surprising point: his factor was way ahead of other factors like ‘making wise investments’, ‘working hard’ and ‘having a competitive spirit’.  

Habit 7: Be 100% committed

Wishing is not enough, a ‘burning disciplined eager desire’ is needed to achieve results. A person gets some thing when it becomes and absolute MUST.

Habit 8: Turn failure into success

“My policy is to learn from the past, focus on the present, and dream about the future. I’m a fi rm believer in learning from adversity. Often the worst of times can turn to your advantage, my life is a study of that” – Donald Trump, after turning around his $935 million debt into a $3.7 billion fortune. 

Remember the life story of Mr. Steve Jobs of Apple Computer? Read his story from http://wp.me/pHUHq-b6

Habit 9: Respect and love money!

Take a pause and think: Do you think that money is evil? Do you think it is bad? Rethink if you want to be a millionaire as all self made millionaire respect and love money!

Above ideas are from international bestselling book by Adam Khoo: Secrets of Self-made Millionaires. You can visit his website www.adam-khoo.com

You can buy the book from this link too: Secrets Of Self Made Millionaires

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11 Responses to "Nine habits of self made millionaires"

really nice stuff!!!

thank you for such nice habits of millinaires.

nine habits. nicely summarized.

jim rohn also says that we may already be practicing many things for success and its identifying remaining and working upon those, to achieve success.

thanks Malik bhai for sharing such a fact which is very begining for succussfull life.

wonderful…

especially habit 3; we always blame others for failures and get the credit of successes. metha metha hup hup…u know

…and we mostly do have love for money but respect for money is something else, which is really important.

thanks for sharing Malik!!

good pointers, i think i have started working on them, i have to practise on last one. 🙂
normally people waste their time on blamming others, point no 3 is really important, let go and proceed…

thanks for sharing boss..

keep writing

Inspiring and guiding article!

Malik

Spot On! Very difficult to argue with any of these principles…

Thanks for sharing!

Regards

Neil : )

Thanks Neil & Kazi sb for your comments.

i think these are great pointers and will help any one…..

This is a fact that the thing you love, you take best care of! Same goes for your life, work, family etc.

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