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Becoming a millionaire is easier than before. You have more avenues of expression to create a generous amount of money. There are more than 15 million millionaires in the world today. If you are serious about becoming a millionaire, learn these potent skills and develop the faculties to possess the wealth you desire. And remember, the journey towards wealth is more important than the destination.
Here are the 12 skills every millionaire must have:
1. COMMUNICATION
Millionaires send out thousands of emails every year. Every email builds their brand. They are also specialists on the phone and meeting face to face.
The more effectively you can share your message with the world, the more likely it is that people will want to work with you. The level of your communication will determine the level of your wealth.
2. SALES
In this world, you’re either selling or being sold. Either way, you have to choose a side. If you seek to understand sales, which is the highest-paying profession, you will become a millionaire. Those who know how to sell know that it dramatically enhances the life of everyone. After all, everything around you has been sold.
3. MARKETING AND BRANDING
Your reputation is your best advertisement. Promoting yourself by marketing and branding your company is the cornerstone of any empire. Telling the world what you do in the clearest way possible will allow you to be known in the market and will expand your business in unprecedented ways. Every millionaire has a good brand.
4. EMOTIONAL INTELLIGENCE
If you can take care of yourself, you can take care of thousands of people. Knowing human nature is the key to success. Millionaires understand motivation, body language, tone of voice, tact, diplomacy, empathy and everything related to emotional intelligence. Most of this can be learnt by simply paying attention to the people around you.
5. PRODUCT AND SERVICE INNOVATION
Every millionaire must put a creative spin on the product and service they offer. Innovation will make you immensely wealthy, even if
you deliver a product slightly better than
your competitors.
6. ORGANISATION
Every millionaire has a system that works. They’re well organised and flexible enough to adapt to their changing environments. Almost every business decision you will make will come from your desk. If you’re organised and know how to locate information in the fastest way possible, you will have the skills to become a millionaire.
7. GOAL-SETTING AND PLANNING
Plan your work, and work your plan. This is the motto of all millionaires. No one can succeed without a well-defined plan. You must set your goals daily and plan your years, months, weeks and days well in advance. Follow the Five P’s: Proper Planning Prevents Poor Performance. Opportunities only come to those who are prepared.
8. MONEY MANAGEMENT
You can only be responsible for a large amount of money (R1 000 000) if you can take care of a small amount (R10). Millionaires know their bank balances at all times. They record their expenditures. They count their income. They do their own taxes (with a lot of help). They know their financial standing. You can only obtain wealth if you understand your money.
9. PHILANTHROPY
Millionaires understand that the secret of living is giving. Many wealthy people give relentlessly. You can only be wealthy by enhancing the wealth of others. When you enhance the wealth of others, you enhance society as a whole. However, when it comes to charity, they don’t just drop a cheque in the pile like most people do. Instead, they participate by knowing exactly where the money is going.
10. NETWORKING
Building relationships is instrumental in the world of business. You must be a reliable source to attract reliable sources. The only way you can get big things done is by employing those who can do the things that you cannot – or don’t want to – do. The people you’re looking for are also looking for you.
11. LEADERSHIP
Every millionaire is a leader. They understand that they must follow great leaders as they become one themselves. They know when to take responsibility and initiative when tough situations occur. When testing times come, they pass the test and assure others in a positive way that they are in good hands. A mark of a true leader is the ability to inspire others to do the unimaginable.
12. TIME MANAGEMENT
Prioritising means focusing first on what needs to be done most. Millionaires don’t go mowing the lawn when they know they need to do business. Since managing your time is more about managing your energy, you must seek ways to conserve your body and mind to focus on the projects that deserve your utmost attention.
– Entrepreneur.com
