A self-made millionaire who Interviewed 1,200 wealthy people found they all have One Thing Common
Becoming a millionaire is everyone’s dream but people say it is not easy to become a millionaire. But the fact is, it is not completely true. You have to work hard to become a millionaire, you have to be a smart person to achieve it. But the same thing we do in our job period also. Then what makes people millionaire.
Are they born to be a millionaire? Well, I know this is a stupid logic. But yet people in our civilization thinks in such a way.
Steve Siebold who is also a millionaire. He believes he became a millionaire after interviewing 1200 millionaires by understanding their experience. Let see what he says about his experience.
His desire for becoming a rich person arose when he interviewed one person who is a millionaire for the first time, he told US News & World Report.
Since then he got excited about their lives. He then interviewed more than 1,200 of the world’s wealthiest people over the past three decades and become a self-made millionaire.
After interviewing that much amount of wealthiest people he then came up to a conclusion.
They self-educate by reading.
“Walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful,” Siebold writes. “The middle class reads novels, tabloids, and entertainment magazines.”
Rich people would rather be self-educated than entertained.
Consider Warren Buffett, for example, who estimates that 80% of his working day is dedicated to reading.
And according to Thomas Corley, author of “Rich Habits: The Daily Success Habits Of Wealthy Individuals,” 67% of rich people watch TV for one hour or less per day while just 23% of poor people keep their TV time under 60 minutes. Corley also found only 6% of the wealthy watch reality shows, while 78% of the poor do.
While the rich don’t necessarily put much stock in furthering wealth through formal education – many of the most successful people have a little formal education – they appreciate the power of learning long after college is over, Siebold explains.
“Meanwhile, the masses are convinced that master’s degrees and doctorates are the way to wealth, mostly because they are trapped in the linear line of thought that holds them back from higher levels of consciousness,” he writes. “The wealthy aren’t interested in the means, only the end.”