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Could You Be A Millionaire?

Key attributes of the very rich

By Elaine SiheraPublished 2 years ago 3 min read
Could You Be A Millionaire?
Photo by Josh Appel on Unsplash

Most of us dream of striking it rich one day, but judging by the low percentage of millionaires in our world, it is obviously not such an easy thing to do. In fact, the statistics speak for themselves. In the UK just 5.4% of the adult population are millionaires (about 2.85 million people), while in the USA it’s even lower, only 4.4% (or 22.3 million adults). So how do the lucky few manage it? Do they all have anything in common?

On the face of it, the wealthy appear to be highly individual and driven people, but, on closer inspection, they are not as individual as they seem. Most millionaires actually share certain qualities in their life, personalities and characters, which you, too, would need in order to make the big time.

Apparently, there are 30 essential attributes millionaires claim to have, according to what I've discovered from close analysis of the biographies from the last five years of the Times Rich List, a riveting narrative of the social, upwardly mobile, and affluent trends in the UK.

There are some crucial traits they all share in different combinations, but which, in general, affect every millionaire in one form or another. Overall, there are:

  • eight essential personal attributes;
  • eight social ones;
  • seven emotional ones, which determine perception and how the goals are realised; and
  • seven physical ones.

Topping all four lists are strong self-belief and confidence.

Most millionaires seem to be abundantly endowed with these twin drivers of individual motivation. They are the most important pre-requisites for success because you need to believe in your dream and have the confidence and fearlessness to follow that dream and bring it to life, regardless of the setbacks you are bound to encounter. Without confidence and self-belief, you're likely to change with the wind and go by what other people say, instead of following your own heart. In fact, you would not be able to trust your own instincts or have the faith in your own judgements.

Full Self-Acceptance

Second, you need full acceptance of yourself. Otherwise you will be seeking constant approval for your actions, and are likely to be afraid of taking decisions. Not fully accepting who you are, without a firm identity, robs you of the confidence in your own ability to excel. That might explain why not enough women are millionaires, because we obviously spend too much time hating our bodies, staring at ourselves in the mirror and wishing we had better figures, worrying about our looks, and whether our bums look big in this and that, instead of making decisions that push our dreams to fruition! After all, only 14 of the richest 100 people on Earth are women.

Third, you also have to be an independent thinker, highly self-motivated, with a fearless approach to life. It doesn't mean being reckless or selfish, but being prepared to take risks and back your convictions. Overall, the two things that come across with these personal attributes are an independent spirit, and total confidence. Without them, you are likely to remain on the starting block, rearing to go but never taking off; wishing and hoping, but not really doing.

If you are thinking of starting a successful business, or dreaming of making a lot of money, perhaps you need to ask yourself first: Do I have what it takes to be a millionaire? List all your positive strengths that you believe will help your venture, against the ones that might hamper your progress. If your positive list is longer than the negative, thats a very good start!

Knowledge of yourself is power, but applied knowledge delivers the goodies!

RELATED POST: How To Stay Positive When Life Does Not Go To Plan

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About the Creator

Elaine Sihera

British Empowerment Coach/Public speaker/DEI Consultant. Author: The New Theory of Confidence and 7 Steps To Finding And Keeping 'The One'!. Graduate/Doctor of Open Univ; Postgrad Cambridge Univ. Keen on motivation, relationships and books.

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Comments (2)

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  • Dharrsheena Raja Segarran2 years ago

    This was highly informative! Thank you so much for sharing!

  • Great research’ good job!

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