Sure, some people become millionaires with dramatic business moves or by winning the lottery. But more often, people get rich by putting one foot in front of another and making the right choices on a consistent basis. For anyone who’s dreaming about a seven-figure income, here are two top insights from MILLIONAIRE SUCCESS HABITS.
Key Insight 1: Profitable habits are easier to create once unproductive practices are reduced or eliminated.When cultivating successful practices, it’s important to account for unproductive activities that may limit growth. Mindless chores, like mowing the lawn, and bad habits, like surfing social media, can easily take up hours that could otherwise be spent pursuing long-term goals. If a task does not further personal or professional aspirations, then it may be best to eliminate it. If the task cannot be eliminated, then it can likely be automated or completed by someone else.
Key Insight 2: Learning how to recover from failure is important for long-term success.Losing teaches entrepreneurs vital lessons that can be applied during future successful ventures. A lack of failure, on the other hand, generally indicates that an entrepreneur has not been taking enough risks. Failure may be scary, but it’s an inherent part of progress. When failure is welcomed as a learning opportunity rather than dreaded as a dead-end outcome, rebounding from sudden professional or personal loss can become an educational, and eventually profitable, experience.