I Only Got Rich After Applying These 7 Habits

Summary

The video reveals seven key traits that the speaker believes are essential to become a millionaire, traits which he claims most influencers fail to talk about openly. These include: thinking you're special and backing it up with hard work, developing high stress tolerance, utilizing charisma and persuasion, focusing on mastery over passion, possessing some ego while staying humble, visualizing worst case scenarios, and understanding that staying successful long-term is harder than achieving initial success.

Takeaways

• 😤 Millionaires think they are special and in some ways better than others, but back it up with hard work
• 😓 Need to develop high stress tolerance to become successful
• 😎 Having charisma and ability to persuade is critical
• 🧠 Focus on mastery over passion when choosing your work
• 😏 Have an ego, but balance it with humility and life challenges
• 😨 Always think about what could go wrong and prepare solutions
• 😀 Achieving success is relatively easy, staying successful is hard
• 👉 Listen to this advice over typical self-help advice
• 😡 Don't just dream about success, have a plan and take action
• ❤️ The advice is intense but comes from a place of wanting to help

Q & A

What is the first secret millionaire trait mentioned in the video?

The first trait is that millionaires think they are special and in some ways better than other people. This gives them confidence to achieve great things, as long as they back it up with hard work.

Why does the speaker say you need to develop a high stress tolerance?

The speaker says becoming a millionaire and managing complex businesses inevitably involves dealing with high stress. You need to be able to handle this stress without breaking down.

What does the speaker mean when he says you need charisma and persuasion?

He means you need interpersonal skills to inspire people to work for you, sign deals with you, or buy your products/services. Charisma and persuasion are key for success.

Should you focus on passion or mastery and why?

The speaker recommends focusing on mastery rather than passion. What you're passionate about changes, but mastering a skill leads to enjoyment and respect for your work long-term.

Is having an ego good or bad?

Having some ego drives people to excellence and achievement. But it needs to be balanced with humility from spiritual practices and difficult life situations that humble you.

Why should you visualize what could go wrong?

Visualizing difficulties prepares your mind to handle problems. It makes you a creative problem solver able to overcome obstacles.

What does the speaker say is the hard part about success?

He says achieving success is relatively easy, but staying successful long-term and continuing to grow is extremely difficult. Most people get comfortable and stop pushing themselves.

How can visualizing before bed help you?

Visualizing prepares your subconscious mind so you've already overcome challenges in your imagination. This makes doing it in real life much easier.

What is the speaker's background and credentials?

He has built multiple companies to over 150 employees total. He started his first business at 14 and has documented his entrepreneurial journey publicly since 15.

What types of difficult situations does the speaker say you should put yourself through?

Situations that humble you - where life events make you realize you are not invincible. This balances the ego and drive needed for success.