Thinking Habits of Self-Made Millionaires Health & Fitness ZEROX 24

One of the things that stood out from my Rich Habits Study was how important thinking was to self-made millionaires. Thinking Habits of Self-Made Millionaires

I tracked ten different types of thinking habits these millionaires engaged in frequently, if not daily.

“Five percent of the people think; ten percent of the people think they think; and the other eighty-five percent would rather die than think.”

— Thomas Edison

From my research, it was so evident that thinking was fundamental to their success that I decided it needed to become one of the ten Keystone Rich Habits.

When self-millionaires think, they do so in isolation, closed off from the world.

Most engaged in their daily thinking habits in the morning, some during their commute in their car, others in the shower, and still others at night.

Morning seemed to be the most dominant time frame, however. Typically, immediately upon waking, these self-made millionaires would find a quite space and think.

How long? It ranged from fifteen minutes to thirty minutes.

What do they think about? Thinking Habits of Self-Made Millionaires

Well, they thought about a lot of things and when they thought, they thought in a way that most would refer to as brainstorming. They spent time every day brainstorming with themselves about numerous things.

I was able to boil down those brainstorming sessions into ten core Rich Thinking Habit categories

Here they are:

Career – Some of the questions they asked themselves included:

Am I lazy?
Do I like what I do?
What do I love to do?
Do I work hard enough?
What am I really bad at?
Should I change careers?
Should I work less hours?
What am I really good at?
Should I work more hours?
Does my job make me happy?
What additional skills do I need?
What can I do to make more money?
Can I make money doing what I love to do?
What things should I be reading more about?
What do I need to do in order to gain more expertise?
How can I increase my value to my clients, customers or my employer?

Finances: Thinking Habits of Self-Made Millionaires

Should I create a budget?
Should I revise my budget?
Am I saving enough money?
Do I spend too much money?
Will I have enough to retire on?
Am I paying too much in taxes?
Do I have enough life insurance?
How much do I need to retire on?
Should I set up a trust for my kids?
How much do I actually spend each month?
Am I doing a good job investing our money?
Is my spouse doing a good job investing our money?
Do I have enough set aside for college for my kids?

Family: Thinking Habits of Self-Made Millionaires

Are we spoiling our kids?
Are we too hard on our kids?
Can I get away for a vacation this year?
Do I spend enough time with my family?
Are we doing enough to help our kids succeed?
Can I work less and spend more time with my family?
How can I improve my relationship with my spouse, my kids?

Friends

Do I have good friends?
Do I call my friends enough?
How can I make more friends?
Why don’t I have many friends?
Should I help my friends financially?
Who haven’t I spoken with in a while?
Do I have as many friends as I should?
How can I end my friendship with so and so?
Do I spend enough time with the friends I have?
How often should I stay in touch with my friends?
Is my work interfering too much with my social life?

Business Relationships

Do they think I do a good job?
Do my customers, clients like me?
What can I do to improve my business relationships?
How can I develop a business relationship with so and so?
Am I staying in touch enough with my key customers, clients?
Which business relationships should I spend more time on and which ones should I pull away from?

Health: Thinking Habits of Self-Made Millionaires

Do I eat too much?
Am I eating healthy?
Do I drink too much?
Do I get enough sleep?
I have to stop smoking.
Should I get a physical?
Are my arteries clogged?
Am I exercising enough?
Should I lose more weight?
I need to get a colonoscopy.
And I need to eat more vegetables.
I have to cut back on junk food.
Should I take vitamins/supplements?

Dream-Setting and Goal-Setting

Most of the brainstorming involved their personal, financial, family and career dreams and goals.
Dreams of retiring on a beach, buying a boat, expanding their business, buying vacation homes etc.

Problems

Here they brainstormed primarily about finding solutions to those problems that were causing them the most stress at the moment.
Most were immediate problems related to their jobs and their family.
Some were longer term and related to preempting future potential problems they were anticipating down the road most often related to their careers.

Charity

Who can I help?
Should I start a scholarship?
How can I best help my community?
What other charities can I get involved in?
Should I contribute more money to my school, church etc?
Am I doing enough for my church, business group, synagogue, etc.?
What can I do to help my grammar school, high school, college, etc?

Happiness

Am I happy?
What is happiness?
Are my kids happy?
Will I ever be happy?
Is my spouse happy?
What’s making me so happy?
That’s a lot of thinking, I know.
How can I make myself happier?
Are my employees or staff happy?
What is causing me to be unhappy?
You just need to make it a daily habit.
It’s an important piece of the success puzzle.
You will gain insight into what makes you tick.
Daily thinking will help you find some meaning to your life.
How can I eliminate those things that are making me unhappy?
Making a daily habit of thinking is what self-made millionaires do.
There are a lot of days in the year, however, to brainstorm with you.
Eventually, over time you will come up with solutions to your most pressing problems.
Understanding why they do it is less important than understanding that they do it everyday.