5 Things Millionaires Do That Most People Don't

1. Millionaires work hard.

Millionaires know that there are no shortcuts to success. There’s only hard work executed relentlessly in pursuit of a goal

A lot of people think that winning the lottery is their ticket to success, but I’ve got bad news for you. Nearly 90 percent of lottery winners go through their winnings in 5 years or less, leaving them back in the same situation they were in before they won.

2. Millionaires are focused.

That said, it isn’t just about working hard. You have to be working hard on the right thing.

Have you ever known somebody who’s constantly jumping from one “million dollar idea” to another? We all want to be rich, but the people who can’t choose one path to focus on simply aren’t going to achieve it. It’s the people who dedicate themselves to a single pursuit that come out on top, whether that one path is penny stock trading, company building or something else.

3. Millionaires are careful about risk.

Whatever wealth-building approach you take, you’ve got to keep your risk in check. It’s not that you shouldn’t take risks, but the risks you take should be calculated. One of the tools we use in trading is the “risk-reward ratio” -- basically, how much risk you’re willing to take on for how much potential reward.

4. Millionaires are generous.

 Giving money can feel just as good (if not better) than earning it.

5. Millionaires never stop learning.

This is such a big one. Millionaires love to learn because they’re always looking for ways to expand their skill sets and get ahead in their fields. They read books, watch documentaries, study educational materials and talk to others who can give them more information. Millionaires know that knowledge is power, and they stop at nothing to get it.

source: entrepreneur.com