Millionaires know how to put their money and resources to work for them.
When I began interviewing business leaders for my podcast The Inbox Inspiration, I didn’t realize the impact it would have on me. Getting the opportunity to talk to dozens of successful, inspiring individuals has been nothing short of incredible.
Through our conversations, I've gotten VIP access to some of their secrets and advice, the things that motivated them, and what helped them to get where they are today.
Here are nine of their best success lessons (so far!) from them to me... to you:
1. You are the sum of the five people you spend the most time with
My mom always used to say, “Tell me who your friends are and I’ll tell you who you are.” And she was right on—because millionaires surround themselves with other people they want to be like.
If we really are the sum of the people we surround ourselves with, it’s so important to surround yourself with the right ones. Successful people are always networking with each other at events, conferences, and mastermind groups.
2. Money in itself won’t make you happy
Money doesn’t equal happiness. But money could potentially buy you the freedom to do the things that can make you happy. True happiness comes from filling your time and your days with meaningful pursuits that you’re passionate about.
I’ve met rich people who are incredibly unhappy and poor people in developing countries who are some of the happiest people I’ve ever met. The point is that it’s possible to be happy right now, whether you have $20 or $20 million. By being grateful for what you have, for being alive, and for having this day, you’ll be more present and have a better perspective.
It’s not about the goal. It’s about becoming the type of person that can accomplish the goal.
Tony Robbins probably knows what he’s talking about. Most wealthy people will tell you it’s not so much about making money; it’s about growing as a person, growing your business to a point where it’s capable of making money. The journey is far more valuable than the destination.
And once you’ve arrived, the question becomes, now what? That’s why it’s so important to enjoy the ride and be grateful for how far you’ve come and what you’ve achieved so far.
3. Get a mentor so you can get growing
Almost every successful person you ask will tell you they had a mentor (or helpful peer) at some point along the way.
Find someone you admire and look up to—someone who’s where you want to be—and ask them for guidance to help you improve who you are and what you want to become. With their advice, you’ll learn the best practices, you’ll be challenged, you’ll be better prepared to succeed.
4. Like to learn
Every entrepreneur and successful person I’ve met is a lifelong learner. They understand the importance of constantly improving, constantly growing.
Driven people self-educate through books, audiotapes, online courses, and conferences… They’re determined to always learn new skills, to keep developing as a person—to never become stagnant. They never stop.
5. Two (or three or four) income sources are better than one
Millionaires know how to put their money and resources to work for them. And almost all of them have at least two sources of income aside from their primary one—investments in financial securities, real estate, angel investing, partnerships.
While multiple sources of income certainly help them increase their wealth, they are laser-focused on one income stream first then diversify once they’ve hit a level of stability.
6. Hate the gym? Well, learn to hate it a little less
Almost every millionaire I’ve interviewed has some sort of rigorous workout routine—weightlifting, marathons, triathlons, running. There’s a correlation between breaking down barriers in fitness and breaking them down in business, and in your mind.
They’re both about strength and confidence, discipline, and commitment. So if you’re feeling motivated, get workin’ on your fitness—and the rest will seem a little less daunting.
7. Read—a lot
I’ve yet to meet a millionaire who doesn’t do a lot of reading. And I’m not talking about Harry Potter or Hunger Games. I’m talking about books with real, practical tips—for personal and professional growth, for people who want to constantly improve themselves and their businesses.
Books are a great way to learn from successful people who may have been where you are now and have something valuable to teach you. It’s like having some of the best business minds of our generation mentor you. So read a lot and read often!