What do you visualise when you hear the word “Millionaire”? Lavish Lifestyle? Big Mansion? Luxury Cars?
But there’s more to these Millionaires/millionaires that catches the average person’s eye. It is their habits, their daily routines.
Steve Jobs, Mark Zuckerberg, Warren Buffet, Elon Musk, Bill Gates.
Look at all these self-made millionaires. Ever wondered how they started? They sure had to start somewhere, right?
Most of their transformation started with “Rich Habits”, a term coined by Thomas C. Corley, the author of the famous book “Change Your Habits, Change Your Life.”
There is a direct correlation between habits and results. Your “daily habits dictate how successful or unsuccessful you will be”.
The good news about habits is that they are acquired and can be changed. “Rich Habits” can also be acquired with some effort and consistency. In this article, we will list 10 powerful morning habits of millionaires and help you develop these “Rich Habits”.
Table of Contents
Start The Day Early
Millionaires are known to be early risers. They also go to bed early. Self-made millionaires sleep more than 7 hours every night. This helps their body to take proper rest and wake up energised.
Waking up early helps them plan their day ahead of time. This is a good organisation skill which every billionaire has.
Waking up early also enables them to deal with inevitable daily disruptions.
Follow A Routine
Millionaires are very rigid about their routines. They like to plan their day for smooth and gradual progress.
Sleeping early and waking up early is a part of that plan. Millionaires know the importance of good health and proper nutrition. Hence, they take action daily to keep themselves healthy.
Exercise, meditation and a nutritious breakfast that is how their day starts.
Then they also take time to plan their day ahead, the meetings, discussions etc.
They Set Smart, Clear Goals
Millionaires are smart planners. They have a daily must-to-do list and try to finish it on that very day.
Procrastination is the devil’s urge. Putting off things on tomorrow will not let you achieve your goals or even come close to them.
In addition, millionaires also practise the technique of “Dream-Setting”. This is a way to picture yourself in the future. You imagine all your dreams coming true and then put them on paper or have them on your vision board.
You’ll be surprised to know how many millionaires reported practising this strategy. Over 61% of self-made millionaires.
They Don’t Take “No” For An Answer
Self-made millionaires are very persistent, and they seldom quit. They also never quit on their dream.
For example, Oprah Winfrey and J K Rowling; these people had to face several challenges -read rejections- in their careers early on. But they continued and persisted until they got what they wanted to achieve.
Millionaires know that failure is a part of life, and they learn early on how to pick themselves right back up after a fall.
They Have Assets And Not Liabilities
You must have noticed that millionaires often choose to stay away from the shine unless, of course, they are in showbiz. By shine, what I mean here is luxury cars, big mansions for a house etc.
Rich people know that these are all liabilities and would rather invest in assets.
For example, Warren Buffet still lives in a comparatively average house when he could have bought any mansion he wanted to, that too in cash. But no.
They Take Risks
One of the powerful morning habits of millionaires is the ability and strength to take risks. This ability comes from daily affirmations. Millionaires know that taking risks is the key to growth and success.
If we look back at the recent past and see how Steve Jobs made the brand Apple, we will realise he was a risk taker. He envisioned “putting a computer in the hands of everyday people”, and he persistently worked towards that goal and ultimately succeeded.
Elon Musk, owner of Tesla and SpaceX, is one of the most visible advocates of space exploration. He is also not someone who takes no for an answer and has taken considerable risks to reach where he is right now.
Hence, millionaires take risks and diversify their sources of income.
They Are Good At Networking
Every person can vouch for this daily habit of millionaires. The importance of good networking is not only in the professional field but also in personal space.
Millionaires’ insane wealth and success are not all on their own. They harness the power of meaningful networking.
Through client meetings, conferences and casual outings, they form strong professional connections with people from whom they can learn and benefit.
They Are Ready To Learn
Millionaires are Avid readers. They are always curious about a new skill, and they always plan to work toward self-improvement. What better way to do it than by reading?
Reading is helpful as it will help you to learn from others’ mistakes. Learning from your mistakes is good, but it is a lengthy process and comes at a cost.
Hence, this rich habit will help you have a shortcut to learning new things and maybe success but of course, not without hard work.
They Are Always Helping Others And Ask For Help
Millionaires know the importance of good connections and also good help. They understand that they can’t and shouldn’t do everything independently.
Hence, you will always find them volunteering and extending a helping hand to anyone who needs help. Millionaires also do not hesitate to ask for help when needed.
Hang Out With Successful People
Millionaires look for mentors. They tend to find that pool of knowledge not only in books but also in people and their connections.
Hanging out with successful people is a good way to brainstorm and visualise your goals and get advice on a new idea.
Millionaires also seek feedback and welcome positive criticism because they know it will help them to improve themselves.
The Bottom Line
Rich people believe “I create my life”. Poor people believe “Life happens to me”. – T. Harv Eker
Rich people are rich for the simple reason that they have worked for it. We all know what it takes to be successful but seldom do we implement it. Sometimes we are all in our heads, fearful and not ready to take risks at the right time and at others, we simply do not want to let go of our comfort zone.
The above-mentioned 10 powerful morning habits of millionaires are not something extraordinary. But one thing that needs to be noticed here is that all these habits revolve around “Self-Improvement”. “Sharpen the saw”, and success and fame will follow.
Also read: 10 Morning Habits of High Performers