I Spent 5 Years Interviewing 233 Millionaires – Here Are The 6 Habits That Made Them Super Rich

Striking it rich is no accident. It takes hard work, fearlessness and a growth mindset.

I spent five years studying the habits of 233 millionaires — 177 of them were self-generated — to learn how they use their time. Based on my research, I identified six principles they all shared that helped them build wealth.

The best part is that anyone can apply them and start working to become a millionaire.

1. Self-made millionaires are constantly learning.

For the millionaires I interviewed, learning and self-improvement were top priorities.

Forty-nine percent reported taking a few minutes each day to learn new words, and 61% shared that they practiced a new skill (ie, a sport or an online course) for at least two hours a day. Another 63% said they listened to audiobooks during their work commutes.

Seventy-one percent said they often read self-help books. Many of them are attracted by biographies of successful people.

2. Self-made millionaires listen more than they talk.

One strategy that came up many times during my interviews was the “5:1 listening rule”.

In group settings, for every minute they talked, millionaires listened for five minutes. This helped them to strengthen their working relationships and gain a range of different views on a given topic.

And 81% said they actively sought feedback from others every day, both inside and outside the workplace.

3. Self-made millionaires build great teams.

In my study, 86% of self-made millionaires worked an average of 50 hours or more per week. But they didn’t work alone. Many succeeded because they focused on their strengths and found a way to outsource their weaknesses.

If they didn’t have a particular skill, they outsourced it to someone who was great at it so they could focus on the bigger picture and have more time and mental energy to execute it.

Surrounding themselves with people who shared their vision made it possible to distance themselves from their goals.

4. Self-made millionaires dream big.

Many of the millionaires in my study used a strategy I call “Dreamwalking.” They sat down and wrote what their ideal, perfect life looked like 10 years in the future.

One of the millionaires in my study was passionate about wine and believed he could make millions by investing in it. His family and friends didn’t think it was possible, but he was undaunted.

Over the course of 15 years, he became an expert in the industry. In 2001, he liquidated a small portion of his wine collection and was able to buy his dream home on the beach in Florida.

He made $4 million in profits – all because he refused to give up on an idea he believed in.

5. Self-made millionaires prioritize their health.

Good health translates into longevity, which means more time to build more wealth.

A millionaire struggled with her weight for a long time. One day, he decided to walk a mile a day. After a month, it increased to two miles, then three.

By the time I interviewed her, she had run three marathons. She attributed her energy, focus and drive to succeed in part to these life-changing incremental fitness goals.

6. Self-made millionaires make their own luck.

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