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10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 LETSREACHSUCCESS.COM

10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

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Page 1: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

10 HABITSSELF-MADE

MILLIONAIRESMASTER

BEFORE 30

L E T S R E A C H S U C C E S S . C O M

Page 2: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

A self-made millionaire is someone who’s creating products/services that offer value and building

businesses in an uncertain environment, taking risks and opportunities and making big decisions

with the goal of making a difference and profit.

Today people quit their jobs with the sole purpose of traveling the world while working remotely

on something they love. Or they move to the other corner of the world to meet like-minded

hustlers and start building a business from scratch, while living on their own terms.

Others prefer to stay at home, change nothing about their life except for this- they work whenever

they want, can take a break or a holiday at any time of the year/month/week/day and don’t need

to answer to anyone.

That’s the beauty of being your own boss. The world out there scares newbies sometimes and may

sound quite serious. But it may be something as little as being a freelance writer that can help you

pay the bills until you come up with a bigger idea or are ready to take the next step and be more

risky.

But the millionaire mindset is developed long before a person gets to the actual business creation

and money making. You need to think, act and basically live like a self-made millionaire from a

young age, so that you can be building profitable businesses sooner.

All that can be achieved by building the habits that will turn you into somebody who’s ready to

take all the responsibilities, wins and defeats of the business world.

Here’s what such people learn and become good at early on:

INTRODUCTION

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If you’re going for the big things in life, you need to work harder than the average person long

before you see any money coming in. You need to be offering true value, to give more than

people expect, to work extra hours.

They wake up insanely early and spend most of the hours they’re awake focusing their energy

on what they believe in. Be it building a product, finding an audience, connecting with people,

or just being super productive at their regular job so that they can impress their boss and get

to the next level of the career ladder. 

Whatever it is, you need to put in more time, concentration, enthusiasm and energy than

anyone else around you. If you’re not willing to go beyond average today and make it a habit

of yours to always go the extra mile, you won’t get ahead of others.

All startups begin by working alone countless hours on something that may or may not be a

success.

Such success doesn’t happen overnight, and those who are still hoping for fast results these

days are simply not ready to enter the business world.

You can’t go without hard work. It’s not only about creating the product, there’s also a mindset

of success being developed and a powerful vision growing in your mind.

1. GO THE EXTRA MILE

SELF-MADE MILLIONAIRES ARE HUSTLERS.

“THE REAL STORY OF FACEBOOKIS JUST THAT WE’VE WORKED SOHARD FOR ALL THIS TIME. I MEAN,

THE REAL STORY IS ACTUALLYPROBABLY PRETTY BORING,

RIGHT? I MEAN, WE JUST SAT ATOUR COMPUTERS FOR SIX YEARS

AND CODED.”

MARK ZUCKERBERG

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SUCCESS STORIES TOINSPIRE YOU:

Here’s what Oliver Emberton (founder of Silktide) says:

“Consider our average lottery winner. Most end up blowing their multi-million earnings

in a few years because their mindset is to spend everything they have on the most

utility. When most people buy a house, they get the biggest they can afford. If they get

a pay rise, they go out and buy a new car. And when that’s not enough, they take out

credit to buy more stuff.

To the entrepreneur this is madness. All money is a means of making more. As a

sophomore Warren Buffett and a friend bought a used pinball machine for $25; within

months they had expanded several-fold into a regular income. How many kids think like

that?”

2. SPEND MONEY TOMAKE MONEY

How Michelle Went from $38K in Debt to

Building a Million-Dollar Blog

How Abby Turned Her Hobby into a 6-Figure

Family Business

How This Couple Started a Blog That Makes

$100K/Month and Traveled The World

How This Stay-at-Home Mom Retired Her

Husband at 30

How I Make $50,000 a Year from My Blog

Page 5: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

Self-made millionaires are in love with innovation - they’re always open to the

new and different out there. And know that the next big idea can be hidden in

small details from everyday life too.

They’re independent and take responsibility for their own actions. Instead of

blaming others or thinking that life’s unfair, they accept anything that happens in

their life as a consequence of something they did or didn’t do. Then they take

action upon fixing it.

3. INDEPENDENTTHINKING

HOW TO FIND YOUR MILLION-DOLLAR IDEA?

8 Realistic Million-Dollar Business Ideas

67 Side Hustles You Can Start This Weekend to Earn an Extra

$1000/Month (and Grow That Income)

180 Legit Ways to Make Money from Home

How to Start Investing for The First Time

Page 6: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

“I LITERALLY CODED FACEBOOK IN MY DORM ROOMAND LAUNCHED IT FROM MY DORM ROOM. I RENTED A

SERVER FOR $85 A MONTH, AND I FUNDED IT BYPUTTING AN AD ON THE SIDE, AND WE’VE FUNDED EVER

SINCE BY PUTTING ADS ON THE SIDE.”

Self-made millionaires are visionaries. They see the future of their industries, they see

their product in the hands of customers long before it’s launched. 

They have a vision. And even if the product itself changes many times, even if the

strategy they use to create it may change occasionally, the vision remains the same.

Big things start small.

Here’s what Zuck says:

4. VISION

Back then this may have seemed like nothing,

compared to all the other projects the rest of the

programmers in Harvard were working on. But if

you’re on the right track, if you’re passionate

about the work you do and see its potential,

know that you need to keep going no matter

what.

Once you find such an opportunity, taking it and

making the best of it is one of your missions in

life.

Choose not only smaller when you begin, but

also simpler.

At the time Facebook was created, MySpace was

the number 1 social media out there. So Zuck

needed to think of a way to differentiate his

newborn platform so that people would prefer to

use it. And he made it simpler – that makes it

easier to use, faster to load, and with a better

design.

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If you’re looking for ways to only use the knowledge you already

have, you’re on your way to failure. Instead, you need to be a learner

every day for the rest of your life.

New lessons are everywhere around us. Read, listen, talk to people,

explore options, try things, fail and improve. Learn and grow

spiritually too.

5. THEY’RE EAGER TOLEARN MORE

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Here's another interesting point Oliver Emberton makes here:

“You do need an idea of course. But understand that even the most successful

companies were not founded on wild or brilliant ideas. Starbucks chose the brazen path

of selling coffee in Seattle. Facebook built a better MySpace. Google built a better

Yahoo search. Microsoft copied Apple – who copied Xerox.

Original ideas are overrated. What isn’t overrated is timing. Google chose the perfect

time to build a better search engine – good luck trying to do that now *cough* Bing

*cough*.

What you want, therefore, is an astute awareness of a need that is currently

underrepresented in the market. You want to spot a product or service that can go

places – original or not. It’s usually easier to refine an existing idea that isn’t fully

realised than to create a wholly original one.”

RESOURCES TOSTART YOUR OWN

BUSINESS:

6. TIMING

How to Start and Grow Your Own Business

How to Find Niche Business Ideas That Make

Money

How to Make Money Blogging and Become

Your Own Boss

How This Couple Saved Enough to Retire in

Their 30s

The Side Hustles That Earn This Dad

$100K/Year on Top of His Job

Page 9: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

Truth is, a successful business - one that can make you a millionaire - may take nearly 10 years

of your life. It means that once you have a general idea of a product/service and start building

it, you need to stay true to it. 

You might make changes and see improvements on every step of the process, but the path to

follow will be the same.

That’s the real face of patience. And that’s why if you’re on the right track long enough, you’ll

end up being wealthy, successful and having made a difference in the world by getting a

product out there that changes people’s lives in a great way.

If you spend tens of hours working on something, if you think it solves a problem people have

and if you market it right they will pay you for this, and if you add passion to that, you’re onto

something.

But there are too many distractions these days. People usually give up early on while their

project is still in its initial version, and when there is no money coming in. But big things take

time. And you’ll need to be selective as your time is limited.

The time you’ll dedicate to your business includes creating the minimum viable product,

getting it out there and asking for feedback, marketing, connecting with partners and

investors, making hundreds of changes to the initial product in order to make it better – to

upgrade it and add features.

But that will also make you successful, will let you make a difference in the world, become a

big name in your industry. Then you’ll have the power to affect other people’s lives, to

encourage young business enthusiasts and help them achieve the same.

Most importantly, all this will let you contribute to the world in the best way possible – by

doing work you love. And that, in my opinion, is one of the most productive ways to spend the

time you’re given on this planet.

7. PATIENCE

YOU CAN’T JUST GIVE IT A YEAR AND GIVE UP.

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The power of prioritizing never ceases to amaze me.

If you learn to stay focused on your most important goals (just a few) in

your 20s, and stay consistent, you’ll succeed.

The problem is that the world we live in is full of distractions and our

mind tends to jump from one activity, dream, belief, habit, passion, goal

or else, to another. 

We change direction daily and that’s why we don’t stay concentrated

long enough on one thing in order to actually put enough effort and

make it a reality.

But aspiring millionaires need to keep this vision in mind all the time.

They wake up and go to bed with their idea, they put it before anything

else, cherish it and dedicate enough time and energy to it.

8. THEY PRIORITIZE

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READ THESE TO GET MORE OUT OF LIFE:

We’ve all created a zone of comfort, where we feel safe and secure. However, that’s an

illusion. It’s just what we’re used to, and nothing new will ever happen there.

You won’t ever grow and turn into who you’re supposed to become if you don’t get out

of there.

Self-made millionaires know that. They do it at a young age, usually in their 20s, and as

a result start taking risks, trying new things, become outgoing, take important decisions

without being in doubt, face challenges and don’t even waste time fearing failure.

9. THEY BREAK FREEFROM THEIR COMFORT

ZONE EARLY ON

How to Handle Anything in Life

7 Things to Do in Your 20s That

You'll Thank Yourself Later On

The Only 10 Ways to Become

Rich

5 Steps to Achieving Financial

Freedom

11 Tricks to Boost Confidence

6 Best Things to Do to Retire

Young

Page 12: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

If you’re going to build a product and eventually create a thriving

business and a company, you need to care about all that.

As I said already, this may take a decade of your life. The whole thing

will be structured around one idea, or at least one industry. If you don’t

like it much you’ll soon get bored, and that will kill your creativity and

desire to persevere.

So be smart now and structure your big goal around something you

enjoy. This way you’ll make a career around your passion and you’ll live

a much happier life.Here’s an example: Jack Dorsey, co-founder and

chairman of Twitter and the CEO of Square,  has

been coding since he was 14. And he combined it

with his biggest passion – maps.

He was in love with big cities and enjoyed

wandering through them – New York and San

Francisco, for example. And he was obsessed with

maps.

But paper ones were dead already, and the

Internet was just starting to thrive, so he started

programming to play with them. He drew maps

and made dots around. Soon he implemented the

same techniques in the businesses he created.

10. PASSION

That’s what happens in the mind of a self-made millionaire most of the time.

Are you ready to spend your days like that? If yes, start building such a mindset today.

Page 13: 10 HABITS SELF-MADE MILLIONAIRES MASTER BEFORE 30 · 2. SPEND MONEY TO MAKE MONEY How Michelle Went from $38K in Debt to Building a Million-Dollar Blog How Abby Turned Her Hobby into

Hey there and thanks for reading this

far! I'm Lidiya, the founder of Let's

Reach Success.

I went from having no direction in life, to

making my first money online

freelancing, leaving my home country

and moving to my ideal destination,

starting a blogging business and

growing it to $50K, and using that

income to live the life that I love so

much and worked so hard for!

ABOUT ME