Arvind Upadhyay is the world's Best Business Coach and Strategist. He is author of several Business Books.

Traits to Get You into the Super-Rich Circle

Traits to Get You into the Super-Rich Circle


 

Top 10 Traits to Get You into the Super-Rich Circle

Whether you want to be a super-rich or not? If you ask this question to anyone whatever be the age, gender or profession. Yes! I want to be! This will be the answer of almost 95 percent people. Being super- Rich is an untold dream to everyone. But only few are able to turn this dream into reality. To be in a super- rich circle is something which can’t be achieved overnight. It needs lot of hard work, passion and a proper plan to achieve your goal. Apart from these there are certain traits to get you into the super – rich circle. Let us have a look at these.

Traits to Get You into the Super-Rich Circle

  1. An Entrepreneurial Spirit        

It’s a fact that no one can get into a super-rich circle if he/she is working under someone and is dependent on paychecks. To be super rich you need to be independent to take your decision and to work on it. And this is true basically. When you will look at the list of super rich people, you will notice that most of the super-rich got that way by going into a venture for themselves. There are a number of people who left their job and started venture of their own to fulfil their dreams. But to start a venture, first you need to analyse yourself that in which field you can do better, analyse the market as well and then start. If everything goes well, you will be in super-rich in short time only.

  1. Value of Time

Everything in this world can be repeated and can be done again for the betterment. But time is such a valuable asset which can’t be used again when passed. Hence, giving value to the time is one of the most important thing which one need to have in terms to get super rich. Suppose now it is the best time according to the market to launch your new product and you launch it in after some time then, the value of your product will be definitely less which could have been at that time. Everything is valuable only when it happens on time. Hence you need to realize and value the importance of time and work accordingly.    

    3. A High Level of Confidence

To have a sense and confidence that you can do anything is a must to have feature if you want to be a super- rich circle. People should also be open to the creative ways to achieve their goals. One need to have a great deal of confidence in themselves and others and totally believe that the world will accommodate their business ideas. It is also true that some of the very wealthiest person have what’s called a “narcissistic personality disorder.” In basic words, it can be said that they think they’re very special, require a lot of admiration, have a high sense of entitlement.

      4. Creativity is a Must

It’s a fact that older ideas can’t you get rich in today’s age. There have been a significant number of people who are established authorities in the domain and it is next to impossible to snatch the existing market out of their clutches. Take Google as an example in the Search Engine niche. It is simply very very tough if not impossible for a new player to enter this niche and take away the market share from Google. The approach would need to be radical in order to make people even consider a new entry in the segment.

The ability to innovate is a must to have feature in yourself if you want to become super rich. To create new ideas, from the old one either by using technology or manpower is must. One can a creative idea only by dealing with problems, understanding consumers and after that by creating solutions to problems, which do not exist in the present, or even if they do, they are inaccessible to the population which needs it the most.

     5. Ability to Motivate Others

If you start a venture, you will not be working alone, you must be having a team or staffs who works for you. Being successful in any venture requires a talented team to back you up.

There is no such person to ever make billions of money without the help of other people. Businesses can never be run in a constant way, there are certain situation when your business may face a down. In a situation like this you need to motivate your team and staffs. Your motivation can help a lot to your team to work in more passionate way and overcome that situation.

      6. Ability to See a Big-Picture

Big ideas needs a big-picture thinking ability.  It is always suggested to start with smaller goal but that doesn’t mean you can’t see a bigger picture! You can only succeed if you are able to see a bigger picture which will be a result of your effort. Big picture is nothing but an extended and future view of your work.

      7.  Crowdfunding

Crowdfunding is basically from where you collect/get money for your business. Generally Internet is the platform to get a crowdfunding for your business. Capital is most important thing to which you need in any venture. The amount can vary but the requirement is must. From buying inventories to pay staff, it is a must to have.

Crowdfunding includes the person such as a businessman who proposed the idea or project to be funded and then the crowd of people who liked your idea and are ready to support your proposal by providing you the required capital.

  1. They had Strong Examples while Growing up

It is not true always that a wealthy guy has to be from a wealthy background or a wealthy family. The majority of billionaires come from a normal and middle class background, who were raised by parents who encouraged them to pursue their interest. These people are generally those who have aim to become super rich from the childhood. They have seen some strong examples and set their goal to become one among them.

  1. A Disciplined Life

Discipline is very important if you want to achieve anything in life. Disciplined life not only makes you physically fit but mentally strong as well. When you have a disciplined life you have fixed time for everything and you can enjoy both personal and professional life as the same time, without hampering anyone of it. This makes you mentally strong as you have a balance factor in your life. A disciplined lifestyle will have time for everything: workouts, work, personal life, travel and entertainment. People with undisciplined lifestyle will always be in lack of time. All the successful people value and respect the importance of time and the importance of being on time. This way they find out time for everything they want to do. This allows them to complete their work on time while still managing time to allow their body to recover from work strain and spend time with their family and friends, which is equally as necessary as work.

  1. Value of Money

The proper knowledge of how to use your money is a very important thing. Suppose you have money and you used that money somewhere where it went in loss. So, an exact idea of how to use money is must. It’s a fact that it only money which can make money in terms with business. So, use of money in a wise and proper way is must, it should be used in such a way that you can get more from a particular amount. Even in the super-rich circle, people know the importance of every penny saved, which according to them is even more than every penny earned. This often is in contrast with the people belonging to middle class, who often burden themselves with unnecessary debts such as personal loans, home loans, vehicle loans and credit card outstanding, after having spent their hard earned money on things which bring only financial burden on them rather than saving money and investing it in different channels so that it keeps growing with time.

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