Do you know the 7 Traits the Rich Have in Common?

Amassing your fortune without a trust is not an easy task. There is no magic recipe for making millions, but there are some ingredients that help.

Common traits of the wealthiest

Hard work, educationKnowing how to invest intelligently, knowing how to take risks and a bit of luck are some of the main factors of investors whose assets have more zeros, according to the Spectrem Group.

The CNNMoney website, deciding to investigate this issue a little more in depth, asked several experts if they had found similar patterns among clients with assets greater than 5 million dollars.

This has been the result:

• They are entrepreneurs: Going into business is a common way to get rich. Although there are quite a few surgeons, lawyers and executives corporations in the group studied, those that own companies or have created and sold them, have a much larger equity.
• More hours than the average: The mean of 40 hours seminal work, for millionaires, is something similar to their part-time, since they usually use more than 60 hours in his position.
• Energetic: The richest individuals have a Energy out of the ordinary, they don't need long to be at their full potential, they have a positive attitude and accept criticism in the best possible way.
  Extremely wealthy people are also often visionaries, says the psychologist Kristen Armstrong, an economic coach of the Ascent Private Capital Management. The executive describes her clients as “forces of nature.” “I've seen it, and I see it, over and over again. They have a great ability to project, before anyone else, what is going to happen in the future, and the ability to put all their efforts into what they believe in, even if they go against the current "
• Extremely confident: They are confident in themselves, they know they are capable of doing whatever they set their mind to, and this feeling grows as their wealth grows. They are also creatively openIn other words, they are not afraid of new working methods. Their security makes them believe that any form of business will have a place in the market.
• Insightful: Even being very self-confident people, do not forever they are the smartest. Still, they are insightful in that regard, and they always surround themselves with those who are. The companies that prosper and progress the most are those that, at first, were sole proprietorships who, over time, allied with another entrepreneur.
• Modesty: Despite the glamorous portraits of Hollywood lifestyles, billionaires they live modestly. Most of them do not increase their expenses with increasing income.
• They take risks, but smartly: Anyone who owns a business is, by nature, risky. Still, it is impossible to get rich on uncontrolled impulses. They also invest more long-term, although they also make some short-term investments to increase immediate returns.

And you, what do you think of the common characteristics of billionaires? Do you think it is true to reality? Ingenuity, hard work, and skill of choice are some of the factors that seem to dominate.