The 5 personality traits of Self-Made Millionaires

From personal experience, I’ve noticed self-made millionaires all tend to have a few very similar personality traits when it comes to business and wealth - and this is what they are and how to incorporate them in your own life. Enjoy! Add me on Snapchat/Instagram: GPStephan

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When it comes to this topic, I’m friends and have worked with maybe a dozen or so self-made millionaires, all in their 20’s - and the cool thing is that they all seem to have the same “type” of personality traits, regardless of how they’ve made their money. Step one: have a million dollars. JK. But for real, I think it’s important to note there are some commonalities between them and it’s important to recognize what they are so you can begin incorporating them into your life, as well.

They all have a sense of Urgency. They realize that they need to do something NOW. There is no tomorrow, there’s no next week or next month…it’s today, it’s this very second that matters. Nothing good happens tomorrow that can’t start right now. Thinking that you’ll get around to something “next week” is a surefire way to kill what you want to do and never get around to it. From everything I’ve ever done, nothing good EVER came from waiting for the right opportunity or right time. The right time doesn’t ever really exist, it’s now. So if there’s something you want to do, don’t just wait for everything to line up in your favor - it likely won’t. Having that sense of urgency is what it takes to begin moving forward.

They’re okay with Delayed Gratification.

It’s not about short term results and immediate rewards…it’s about the bigger picture. It seems like so many people just want the “quick fix” or “shortcut” to make something happen in the moment..but the type of person who is okay with delayed gratification is also the type of person who has patience, who sees everything like a game of chess rather than just bowling a quick strike.

They don’t have any excuses. This is a big one. You need to take ownership of your life. You are responsible for your own success and no one owes you anything - and that is the harsh reality. This is something that I’ve recently noticed in the last year since posting on YouTube - I can tell pretty quickly who’ll be successful and who won’t be just based off the excuses I get. “I can’t do this because of that.” “That won’t work for me because of xyz.” “Too many people are doing that already.” “It won’t work for me.” “I have an excuse because of this excuse.” There is no excuse. You will find a way to make it work if you want it badly enough.

They see everything as a learning experience. Like I said, nothing ever goes perfectly…and instead of complaining about it or feeling bad if you fail, learn from it. You won’t make the same mistake again. We’ve all had things come up that don’t go to plan…but how you handle that is indicative of how you’ll handle everything else going forward. It’s also important not to take anything personally, if something doesn’t work out it’s rarely ever to do with you personally - it could be your delivery, it could be how you handled it, it could be that you didn’t know enough about it. Never take anything personally. You will learn and get better over time, I promise - every failure is just a step in the right direction, you won’t fail forever. Learn from what you’re doing and keep going.

Finally, they’re focused. They pick one thing and they won’t stop until it’s done. They don’t waver with what they should be doing, try it for a few days, then put it off for a bit, then come back to it - or maybe try something else. They know exactly what they’re going to be doing and they get right to it.

Thanks for watching!

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:

The Millionaire Real Estate Agent

Your money or your life

The Millionaire Real Estate Investor

How to Win Friends and Influence People

Think and grow rich

Awaken the giant within

The Book on Rental Property Investing