What is a millionaire mind-set? I keep asking myself this question. Are there really certain characteristics that help hopeful entrepreneurs realize those dreams of being rich and successful?
According to a recent study of self-made millionaires headed by Dr Barbara Walls at Chicago Business School, apparently 80 per cent of the tycoons put their success down to possessing certain characteristic traits.
The researchers conducting the study found that self-made millionaires had a number of character traits in common, and to which they accredited their business success.
These were:
Can't Resist A Challenge
All tycoons quizzed admitted that they could never resist a challenge - particularly when they had been advised against it.
They each had the willingness and courage to take that "leap of faith" and risk everything to start a business, regardless of lack of resources. They have the self-belief to carry on against the nay sayers and doubters, and the passion to keep going when times are tough.
For instance, Alexander Amosu, 33, who made his first million composing ringtones for mobile phones, says: "There are many times when people have said to me, 'What the hell are you doing? You're wasting your time.'"
"But I don't get put off when people are negative - it spurs me on. If you don't try something then you have failed yourself"
Another millionaire who can't resist a challenge is Mark Ellingham. When he first came up with the idea for his Rough Guides to foreign countries, he was told that the name was 'off-putting'. Against all advice, he published them himself - and later sold the company for £10 million.
Most self-made millionaires admit to being manically optimistic. As one pundit remarks: "For them, the glass isn't half full, it's positively spilling over!"
No comments:
Post a Comment