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Top 11 Success Factors to becoming a Millionaire


By Honest Abe   Follow   Tue, 3 Apr 2012, 3:16pm   12,907 views   148 comments
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A top rated business coach studied millionaire's and came up with 11 traits millionaires had in common:

They were well disciplined
They were honest
They got along with others
They had a supportive spouse
They worked harder than most
They had strong leadership qualities
They had a very competitive personality
They loved their career/business
They were very well organized
They had the ability to sell their ideas/products/vision
They made wise investments

I can hear it already...support from the right, criticism from the left. Game on.

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  1. Vicente


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    1   4:23pm Tue 3 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike  

    Honest Abe says

    A top rated business coach studied millionaire's and came up with 11 traits millionaires had in common:

    I'm curious which "top rated coach" you fail to reference?

    And which millionaires did they study?

    What is "honest"? In business, that is a slippery word which can mean many things. Could any corporation survive complete honesty? I picture the movie "Liar Liar", perhaps we need a sequel where Lloyd Blankfein and Hank Paulson contract Truth Tourette's, it would be an epic disaster movie!

    Jeff Skilling
    Bernie Madoff
    Charles Ponzi
    Angelo Mozilo
    John Thain

    These people really have all 11 of these qualities? Amazing!

    People with many of those qualities are successful, building empires FOR THEMSELVES. If it all burns down after they've looted the safe and skated out of the country, who cares right?

    Also far more likely to be psychopaths.

    http://www.moneyscience.com/pg/blog/Admin/read/241830/the-corporate-pychopaths-theory-of-the-global-financial-crisis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheCompleteMoneyscience+%28The+Complete+MoneyScience%29

  2. Vicente


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    2   10:17am Thu 5 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike  

    Honest Abe says

    Vicente, I don't know if the coach is an "authority" on rich people but I do know he coaches, talks with, and interacts with rich people all the time - and is himself a multi-millionaire.

    That means to me he's PROBABLY more knowledgeable about success, wealth building and the like, compared to you or I.

    Most "wealth" in this country is not derived from hard work but inheritance. You think the Koch brothers started from working in a factory as children and eating dirt? No. Perhaps your bud met some "rich" people but has he met WEALTHY people? As Chris Rock said, Shaq is just rich, the guy who wrote his paychecks was WEALTHY.

  3. Nomograph


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    3   4:32pm Thu 5 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike  

    edvard2 says

    OP has yet to answer what the point of the post was.

    The purpose of this post was the same as every other post he makes. He wants to have fake Internet battles with imaginary enemies (TEH LIBS) so he can blame other people for his problems and wallow in a victim mentality.

    Go back and read the post:

    Honest Abe says

    I can hear it already... criticism from the left.

    He makes an idiotic post for the sole purpose of inviting criticism. This allows him to feel victimized.

  4. Nomograph


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    4   7:43am Sat 7 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike  

    Honest Abe says

    I'm not victimized - other than by a government that wants to steal our personal property, our freedom, our privacy, our right to defend our self, our right to free speech, our right to assemble, our right to a sound currency, our right to a stable society, our right to be free of tyranny, etc, etc, etc.

    Apparently you don't feel the same. Perhaps you feel that's the governments roll - to deprive its citizens of their natural rights.

    The libs are not imaginary enemies. They're very real and they are amongst us.

    Wow. That was almost as neurotic as when Honest Abe claimed that he is on a U.S. government assasination list.

    This guy is obviously has serious emotional and mental problems.

  5. leo707


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    5   9:23am Mon 9 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected  

    thomas.wong1986 says

    Billy Gates had nothing..

    Bill Gates parents were millionaires, back in a time when millionaire meant something more than it does today.

    He was going to Harvard and being groomed to become a lawyer when he dropped out of college to get into tech.

  6. clambo


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    6   11:21am Wed 25 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike  

    add to Leoj707:
    1. Write book on how to lose weight, targeted to women.
    2. write book on how to get rich
    3. write book on how the rich got rich
    4. write book on the toys, houses, habits, foods, cars of the rich
    5. write book on the women of the rich.
    6. picture book on the women of the rich
    7. picture book on women (random)

  7. Vicente


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    7   2:58pm Fri 4 May 2012   Share   Quote   Permalink   Like (3)   Dislike (1)  

    People who hit the jackpot often ascribe it to their genius or their system.

    There was a great study where people were given the same leadup of a man & woman in a dating encounter.

    At the end, the story given could bifurcate into a scenario where it either ends romantically or she is dragged away and raped. Startlingly enough, participants in either end scenario tended to attribute either outcome as having been an inevitable consequence of the things the woman did. Despite the fact the scenario was constructed such that the actions of the woman were irrelevant it was just luck whether she was facing a rapist or Mr. Right.

    People work from the outcome and RATIONALIZE backwards.

  8. Vicente


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    8   4:44pm Tue 3 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    What is honest? I'd use the dictionaries definition. Without any spin.

    Which dictionary? Which coach? Which millionaires? I'd like to see how this unnamed person determined they were unfailingly and completely honest.

    Complete honesty would go very poorly in marketing, sales, negotiation, trading, and advertising.

    BUY OUR CDO-SQUARED, they hardly ever blow up and ravage an economy, and anyhow we can sell you some insurance in case they do blow up.

  9. thomas.wong1986


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    9   7:49pm Tue 3 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    They were well disciplined
    They were honest
    They got along with others
    They had a supportive spouse
    They worked harder than most
    They had strong leadership qualities
    They had a very competitive personality
    They loved their career/business
    They were very well organized
    They had the ability to sell their ideas/products/vision
    They made wise investments

    and alot of luck ALOT OF LUCK.. being at the right place at the right time...while others were doing something else.

  10. david1


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    10   11:10am Wed 4 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    This is rich guy hero worship.

    Lets make up a list of 11 admirable traits and say that is the makeup of millionaires.

    As if you could gather data on a person's "Discipline," "Honesty," "Work Ethic," or "Ability to get along with others."

    Please.

    Personally if my son has all eleven of these traits I don't give a rats ass if he is a millionaire or not. He would be a success anyway. Even 50%...

  11. Vicente


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    11   1:05pm Wed 4 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    The "coach" will remain unnamed for reasons of confidentiality. I will say he has no political ax to grind. He just reported his findings - no more, no less.

    WTF????? Your imaginary friend is an authority on rich people.

    I've got a "coach" who says that anyone named Abe lives a life of reality-denial, sociopathy, and tortures squirrels and kittens for fun. He has no political ax to grind. He just reported his findings - no more, no less.

    Your submission in original post & following deserves to be nominated in the "dumbest posts" thread.

  12. Nomograph


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    12   5:54pm Wed 4 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    I'm also missing the connection of my posting attributes of millionaires and your extremely derogatory accusations of me.

    The connection is that you post really stupid stuff that is completely devoid of intellectual content for the sole purpose of blaming "libs" for your problems.

    Take it from me, I'm a millionaire.

  13. edvard2


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    13   10:28am Thu 5 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    What was the purpose of this post? So what. There are a lot of middle class and working class people who also share those traits. Those aren't exclusive characteristics. So what is the point being made?

  14. edvard2


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    14   12:16pm Thu 5 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Again- not really sure what the point of the post was. What do "downtrodden" people have to do with jobs? Should they be the ones handing out jobs? About half of the jobs I got came from regular people, some with middle class incomes such as when I worked at a Mom-n-Pop resturant in college. I grew up in a rather poor part of the country and can without a dohbt say that there were a LOT of poor people who wern't poor because they were either lazy, lacked a good work ethic, or thought anyone owed them anything.

  15. Vicente


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    15   12:48pm Thu 5 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    Vincent - what proof do you have that "most wealth is ... inheritance"? If you have proof, I'll change my thinking.

    Hahahahahah!

    You'll CHANGE YOUR THINKING????

    You can't even be bothered to post the name of your imaginary friend.

    Why should I think any data I could provide no matter how attributed, would gain your respect? Please provide an example where ANYONE here at PatNet has ever changed your mind on anything at all.

  16. Vicente


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    16   2:30pm Fri 6 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Honest Abe says

    The libs are not imaginary enemies. They're very real and they are amongst us.

    "I have here in a my hand a list of names...."

    McCarthy also had delusions that all other Americans than himself were suspect and should be rounded up for questioning.

    It's clear who the fascist is.

  17. thunderlips11


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    17   2:32pm Fri 6 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    Honest Abe says

    The libs are not imaginary enemies. They're very real and they are amongst us.

    I heard when the moon is full, liberals grow horns and seek out the blood of babies.

  18. leo707


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    18   3:22pm Fri 6 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    Honest Abe says

    The libs are not imaginary enemies. They're very real and they are amongst us.

    Know your liberal fiend. You will not be able to see his eyes because of tea shades, but his knuckles will be white from inner tension and his pants will be crusted with semen from constantly jacking off when he can't find a rape victim.

  19. Dan8267


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    19   4:47pm Fri 6 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    I'll grant you that millionaires are generally hard working, two income families. However, billionaires are a totally different story.

    Millionaires

    They were well disciplined
    They were honest
    They got along with others
    They had a supportive spouse
    They worked harder than most
    They had strong leadership qualities
    They had a very competitive personality
    They loved their career/business
    They were very well organized
    They had the ability to sell their ideas/products/vision
    They made wise investments

    Billionaires

    They are sociopaths and psychopaths

    They are pathological liars. CEOs are better at lying than the rest of us.

    They screw others on the way to the top. See Steve Jobs, Bill Gates, Mark Zuckerberg.

    They have support of bought politicians.

    They profit off of other's people's work.

    They drive companies into bankruptcy and mass layoffs.

    They had a very competitive personality, which leads them to cheat.

    They love money, but not working hard for it.

    They find it easier and faster to take wealth from others than to create wealth. They are all for this efficiency.

    They are very good talkers.

    They got lucky on gambles, or if often unlucky, it was with other's people's money.

  20. Dan8267


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    20   4:51pm Fri 6 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    leoj707 says

    For someone like Donald Trump, Paris Hilton and George W Bush I would guess luck plays a role close to 99.9% in their financial success.

    GW Bush was handed success by his father, who was handed success by his father. The Bush family is an aristocracy. Luck or hard work might have been the first successful one's reason for success, but since then it's all been nepotism and cronyism.

    Trump's success is pure luck and sleaziness. He made a lot of bad investments but got others to cover his losses at their expense.

    As for Paris Hilton's success, I could give you a link to the video.

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