Millionaires' Success Factors
 

based on interviews with self-made Millionaires
with thanks to "The Millionaire Mind" by T J Stanley

 

 

factor

percentage of Millionaires indicating importance

rank of factor

Being honest with all people

57(33)

1*

Being well disciplined

57(38)

1*

Getting along with people

56(38)

3

Having a supportive spouse

49(32)

4

Working harder than most people

47(41)

5

Loving my career/business

46(40)

6

Having strong leadership qualities

41(43)

7

Having very competitive personality

38(43)

8

Being very well organized

36(49)

9

Having an ability to sell my ideas/products

35(47)

10*

Making wise investments

35(41)

10*

Seeing opportunities others do not see

77  40)

12

Being my own boss

29(36)

13*

Willing to take financial risk given
the right return       

29(45)

13*

Having good mentors

27(46)

15*

Having an urge to be well respected

27(42)

15*

investing in my own business

26(28)

17

Finding a profitable niche

23(46)

18*

Having extraordinary energy

23(48)

18*

Being physically fit

21(44)

20

Having a high IQ/superior intellect

20 (47)

21

Specializing

17(36)

22

Attending a top-rated college

15(33)

23

Ignoring the criticism of detractors

14(37)

24*

Living below my means

14(29)

24*

Having a strong religious faith

13(20)

26

Being lucky

12(35)

27*

Investing in the equities of public corporations

12(30)

27*

 

 

 

 

 

 

 

 

Rank was computed according to the percentage of millionaires who indicated that the success component was very important in explaining their economic success.* Tied for this position with another factor.  (N=733)

 

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