Friday, October 2, 2015

One Characteristic Of All Millionaires

Napoleon Hill, a journalist and author,  studied over 500 millionaires, including  Andrew Carnegie, Henry Ford and Charles M. Schwab, and found out they all had one quality in common:  they all reached decisions promptly.  In addition to making decisions quickly and confidently, they also change decisions, if need be, slowly.  On the flip side,  Hill says, " People who fail to accumulate money, without exception, have the habit of reaching decisions, if at all, very slowly, and of changing these decisions quickly and often."

Decisiveness plays such an important role in accumulating wealth that mastery of procrastination-which Hill defined as the opposite of decisiveness, is an important step toward getting rich..  To become a better decision maker, start by becoming a better listener.  Keep your eyes and ears open, and your mouth closed, if you want to acquire the habit of prompt decision making.  Those who talk too much do little else.

Mastering the ability to be decisiveness can reap incredible rewards.  Since Hill first wrote of this observation almost 80 years ago, others have pinpointed qualities and habits shared by millionaires.  Among them are rising early, exercising regularly, making time to read, and associating with others who are successful.  All millionaires don't possess all these qualities, but most millionaires possess some of these.

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