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Super Secrets of Super Rich

Super Rich

If you are earning 1Cr in year you will be considered as super rich and you have to pay 10% additional surcharge as per union budget 2013-14. As per official figures in India we have 42,800 people who are earning 1 Cr+ income (in short they are member of super-rich club). If we talk in terms of percentage considering India’s population 121 Cr only 0.03% are member of super rich club.

What makes this super rich different from others? Is it only the number of zeros they have in their net wealth or their thinking, attitude and predetermination? Let’s find out the unique characteristics of the super rich which make them different from the crowd.

Secret # 1 Eliminate Self-Doubt

You call yourself self confident but even the most self confident person also doubts his capabilities from time to time. One can’t avoid it but can strategize to overcome these self doubts. Millionaires put this doubt of being rich and successful far aside and start with their set goals.

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute,” – Warren Buffet.

Secret # 2 Create Goals

Rich people create a definite set of goals and spend each and every minute to take a consistent effort to work on it and fulfill it within the time set. But the crowds, who only set a goal and forget about it, are the one who miss the opportunity to achieve something great.

“Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them.”

Secret # 3 They Commit To Their Own Agenda

Wealthy people complete their tasks first before moving on to next task. They stick to their agenda and work tirelessly to accomplish it regardless of what other people say. How can we forget to mention about Mark Zuckerberg founder of facebook, Bill Gates founder or Microsoft and late Steve Jobs founder of apple who dropped college to execute their dreams contrary to the expectations of society.

Secret # 4 They Take Initiatives

They say there are three types of people in the world – those who make things happen; those who wait for things to happen and those who always asks ‘what happened’. Rich people are of the first kinds. They always believe in taking initiatives and make things happen. They don’t wait for others, always stand alone and respond to whatever’s happening and do they feel is right.

“You only have to do a very few things right in your life so long as you don’t do too many things wrong” – Warren Buffet.

Secret # 5 They Pursue Tasks to Completion

Rich people never leave anything incomplete whether it is personal relationship or a professional matter. They will never leave a project unfinished or their bills unpaid (at least for long). They know the fact very well that keeping a work pending for loan saps energy and hijacks thoughts and hence they smartly avoid it.

Secret # 6 They Do Things They Enjoy and Have Always Wanted To Do

Rich people do what they love to do not only because of the fact that they have the liberty to do so, but because they know this love for their work will be fruitful as it is also their passion. Common people work only to earn money even if they don’t like their work, but this is not what millionaires think.

 ‘‘One person with passion is better than forty people merely interested.”

Secret # 7 They Eat Well and Exercise and Live Healthy

As they say, wealth lost, something lost but health lost is everything lost. Rich people are most of the times frugal but they invest for themselves for their health care and proper and best education. This investment helps them to get richer. Want to know how? It’s simple; if they are healthy and well educated then they can start and grow new businesses. When the business succeeds, they put back the profits for their ventures again. Being frugal and investing in you is a good start to become healthy and wealthy.

 “Daily rigorous physical activity not only helps strengthen bones and the heart, but it also teaches balance, critical in preventing the falls that have become a leading cause of death as we age.”

Secret # 8 They Always Have a Winning Attitude

Attitudes are simply of two types – Good attitudes and Bad attitudes. Good Attitude always inclines towards winning attitude in future. if you have good attitude, you will always find solutions for your problems rather than sitting and waiting for any miracle to happen. This is what a millionaire does. Their speech and actions always reflects their winning attitudes even in worst situations.

Secret # 9 They Don’t Outsmart Other People

You can avail the information about publicly traded investments as they are easily dispersed. This information is studied by millions of investors and financial professionals, who establish stock prices based on this data. Rich people never try to contradict these predictions and don’t forecast the future when they invest. Wealthy people always try to reduce risk and capture market return using diversified portfolio. Common people are the one who commit this mistake by predicting the future of a particular stock.

At last I would like to share famous quote by Robert Kiyosaki “If you want to be rich Think Big Think Differently”.

Shitanshu Kapadia
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 10 years. The purpose of this blog is to share my experience, knowledge and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment , tax, financial advice or legal opinion. Please consult a qualified financial planner and do your own due diligence before making any investment decision.