{"id":720,"date":"2018-01-25T20:13:17","date_gmt":"2018-01-25T20:13:17","guid":{"rendered":"http:\/\/www.mikeclover.com\/blog\/?p=720"},"modified":"2018-01-25T20:13:17","modified_gmt":"2018-01-25T20:13:17","slug":"7-surprising-traits-of-the-mega-wealthy","status":"publish","type":"post","link":"https:\/\/www.mikeclover.com\/blog\/2018\/01\/25\/7-surprising-traits-of-the-mega-wealthy\/","title":{"rendered":"7 surprising traits of the mega-wealthy"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2018\/01\/Rich-6.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone  wp-image-731\" src=\"http:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2018\/01\/Rich-6-300x251.jpg\" alt=\"rich\" width=\"620\" height=\"519\" srcset=\"https:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2018\/01\/Rich-6-300x251.jpg 300w, https:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2018\/01\/Rich-6-768x644.jpg 768w, https:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2018\/01\/Rich-6.jpg 940w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Would you like to attain a high net worth? Of course \u2013 who doesn\u2019t? Adopt these 7 habits and watch your wealth grow.<\/p>\n<ol>\n<li><strong>Proceed slowly \u2013 there is no such thing as \u201cGet rich quick.\u201d<\/strong><\/li>\n<\/ol>\n<p>The very wealthy take a long term approach to wealth building \u2013 whether with the stock market or building their own businesses.<\/p>\n<p>That doesn\u2019t mean they simply sit back and wait. Instead they break their long-term goals and ideas into steps they can take each day to further their progress.<\/p>\n<ol start=\"2\">\n<li><strong>Work smarter, not harder.<\/strong><\/li>\n<\/ol>\n<p>It sounds odd, but Bill Gates has been quoted as saying he\u2019d \u201cchoose a lazy person\u201d to do a job, simply because the lazy person would find an easy way to get it done. Nobel prize winner Richard Thaler used his \u201claziness\u201d to focus on things that truly mattered, rather than spending time on things that didn\u2019t take him forward.<\/p>\n<p>So be lazy \u2013 find the fastest way to get from point A to point B without wasting energy.<\/p>\n<ol start=\"3\">\n<li><strong>Welcome criticism.<\/strong><\/li>\n<\/ol>\n<p>This is a tough one for many of us. Our egos simply don\u2019t want to accept it!<\/p>\n<p>The super-wealthy have feelings too, but they know that criticism and honest feedback can help them correct mistakes, improve their performance, and overcome obstacles.<\/p>\n<ol start=\"4\">\n<li><strong>Turn down most opportunities. <\/strong><\/li>\n<\/ol>\n<p>The mega-wealthy have no end of opportunities presented to them &#8211; and reject most of them. Instead of being distracted by side issues, they guard their time ferociously while they focus on their top priorities.<\/p>\n<ol start=\"5\">\n<li><strong>Embrace failure. <\/strong><\/li>\n<\/ol>\n<p>The very successful have tried and failed many times \u2013 then gotten back up to try again. True innovators accept failure as part of the process, and set themselves up to fail regularly by setting \u201cimpossible\u201d goals.<\/p>\n<p>The only way to grow is to dream big, get out of your comfort zone, reject the status quo, and take some chances. Remember \u2013 that ship in harbor is safe, but it isn\u2019t getting anywhere.<\/p>\n<ol start=\"6\">\n<li><strong>Don\u2019t try to be better than other people.<\/strong><\/li>\n<\/ol>\n<p>The ultra-rich don\u2019t try to be better than anyone else. They don\u2019t even want to do what everyone else is doing. Instead, they embrace innovation and carve new paths.<\/p>\n<p>It isn\u2019t easy, because friends and family would rather you played it safe \u2013 like that ship in harbor. They\u2019re more than willing to tell you you\u2019re crazy for trying something new. You have to ignore them, face the fear, and keep moving forward.<\/p>\n<ol start=\"7\">\n<li><strong>Be frugal. <\/strong><\/li>\n<\/ol>\n<p>Sure, the big spenders you see on TV, in the newspapers, and on the Internet appear to be wealthy, but they probably haven\u2019t accumulated much net worth. How could they when they\u2019re buying million dollar cars and spending $5,000 or more to take friends out to dinner?<\/p>\n<p><u>The really rich take care of their money \u2013 they don\u2019t throw it around<\/u>. Look at Mark Zuckerberg \u2013 he\u2019s worth $70 billion and drives a Volkswagen.\u00a0 Bill Gates, worth even more, wears a $10 wristwatch and washes the dishes by hand after dinner. Walmart scion Jim Walton works from an old brick building in his home town and drives a 15-year-old pickup. Dish Network founder Charlie Ergen carries a brown-bag lunch from home every day.<\/p>\n<p>The message \u2013 if you want to accumulate wealth, don\u2019t throw it away on non-essentials.<\/p>\n<p><a href=\"http:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2016\/10\/Mike-Clover-Group-Email-Signature-muy-grande.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-530\" src=\"http:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2016\/10\/Mike-Clover-Group-Email-Signature-muy-grande-300x183.jpg\" alt=\"mike-clover-group-email-signature-muy-grande\" width=\"300\" height=\"183\" srcset=\"https:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2016\/10\/Mike-Clover-Group-Email-Signature-muy-grande-300x183.jpg 300w, https:\/\/www.mikeclover.com\/blog\/wp-content\/uploads\/2016\/10\/Mike-Clover-Group-Email-Signature-muy-grande.jpg 405w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; Would you like to attain a high net worth? Of course \u2013 who doesn\u2019t? Adopt these 7 habits and watch your wealth grow. Proceed slowly \u2013 there is no such thing as \u201cGet rich quick.\u201d The very wealthy &hellip; <a href=\"https:\/\/www.mikeclover.com\/blog\/2018\/01\/25\/7-surprising-traits-of-the-mega-wealthy\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/posts\/720"}],"collection":[{"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/comments?post=720"}],"version-history":[{"count":1,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/posts\/720\/revisions"}],"predecessor-version":[{"id":732,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/posts\/720\/revisions\/732"}],"wp:attachment":[{"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/media?parent=720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/categories?post=720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mikeclover.com\/blog\/wp-json\/wp\/v2\/tags?post=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}