Wealthy people share common traits. That’s why they are wealthy. If you want to be extremely wealthy, learn and own these traits:
1. PERSISTENCE
On your way to achieve wealth, you will definitely face some obstacles. Overcome the obstacles and move on. Do not give up and be persistent. Wealth is achieved only by removing a series of stumbling blocks along your way to riches.
2. INVEST OR BUILD A BUSINESS
Extremely wealthy people are either businessmen or investors. Look at some of the richest people in the world. They all own companies. To create wealth, you must involve yourself in business or investing. This is where the money is. Start your own business and grow your wealth.
3. INNOVATIVE
To be very wealthy and to stay wealthy, you need to be very innovative. Being innovative ensures that you always come up with new ideas to create wealth. Look around you for some opportunities that can make you rich. Be observant and critical.
4. DO WHAT YOU LOVE
If you are not doing what you love, forget about getting rich. Wealthy people get wealthy because they do what they love. They love what they do so much that they forget that they are actually working. Find something you love and create business around what you love.
5. GIVE IT BACK
Donate some of your income to charity you believe in on a regular basis. Some extremely wealthy people even have their own foundations. They donate a percentage of their wealth to the cause they believe. The more you give, the more you receive. Do not hoard wealth, share it with people around you.
6. CONTINUOUS LEARNING
Keep learning to improve yourself. Extremely wealthy people believe that the greatest asset in the world is your mind. Your mind shapes your destiny. Invest in your greatest asset by reading books, listening to audio tapes or attending seminars.
7. LEVERAGE
Extremely wealthy people do not do everything themselves. They know when to let go. They hire the right people to do it. Bill Gates doesn’t write software, he hires programmers to do it. To be very rich, you must know how to leverage. Hire people and use tools to do some of your work. If you do not leverage, there is so much that you can do, and this puts a limit on how much money you can make.
Besides the above traits, extremely wealthy people dream big and they take action to have their dreams come true. Furthermore, they persevere and have strong desire in achieving their dreams.
PT Cheng is a business owner. He believes that everybody has the potential to be rich and eventually financially free. For practical tips on how you can be your own boss, make more money, and have fun along the way, subscribe to his FREE newsletter at
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