8/27/2016 6 Skills of Self­Made Millionaires That You Should Be Using, Too

ADAM TOREN
CONTRIBUTOR

Serial entrepreneur, mentor, advisor and co-founder of YoungEntrepreneur.com

    

MARCH 1, 2016

Heed the advice of those who have reaped success. Here are six skills used by self-made m
building upon each day.

1. Be able to identify fruitful opportunities.

Carlos Slim Helu, Mexican business magnate and philanthropist, said, “When there is a cr
out, and that’s when we are interested in getting in.”

Learn to identify open doors when they appear, then consider the risks and weigh them ag
a great one regardless of whether no one or everyone is rushing to grab it -- if no one is, t
that’s your chance to prove you’re better than the rest.

Related: 8 People Just Like You Who Made $1 Million

2. Focus on actions over words.

“Actions speak louder than words,” supposedly, and the late Andrew Carnegie agreed. As h
less attention to what men say. I just watch what they do.”
https://www.entrepreneur.com/article/271703 5/12
8/27/2016 6 Skills of Self­Made Millionaires That You Should Be Using, Too

Understand that a shining business plan or investment presentation means little when you
ideas well. Customers and clients want to see 〆᭪awless application of your company’s core
formula in mind when seeking out employees, as well. A perfect resume doesn’t necessaril
can’t properly act on his quali쉌怞cations and intentions.

3. Maintain a clear vision of success.

“Vision is perhaps our greatest strength... it has kept us alive to the power and continuity o
peer into the future and lends shape to the unknown.”

Hong Kong business magnate Li Ka-Shing, the richest person in all of Asia, believes in vis
does success look like to you? If your answer is just “a lot of money,” this may not be the

Many people envision success as 쉌怞nally seeing their product on store shelves, making up f
following or changing the community in which they live. In order to stay on track toward f
a clear vision of what that goal is -- and what things will look like once it’s achieved.

Related: 5 Words Millionaires Understand Better Than Others

4. Never stop learning.

Entrepreneurs who don’t acknowledge the need to constantly learn new things are denyin
grow. Even once you achieve some degree of success, understand that those around you (e
something you don’t.

Listen to what others have to say about their experiences. Learn from their achievements a
your development on other people, try taking a step back and exploring the areas of entrep
Musk, founder of PayPal, SpaceX and Tesla Motors, says “that’s the single best piece of ad
be doing things better and questioning yourself.”

5. Get the job done.

This one sounds simple, but you’re likely procrastinating without even knowing it. Those w
marketing a business before there’s even a business to advertise are putting o洽范 actually bu
spend time attempting to perform Web or graphic design themselves, obsessively organize

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8/27/2016 6 Skills of Self­Made Millionaires That You Should Be Using, Too

Even as an entrepreneur, you can’t wear every hat, and it’s often smart to assign tasks tha
business to someone else. Don’t be afraid to ask for help from a small team of employees o
able to turn your company into everything you dreamed.

“Getting the job done has been the basis for the success my company has achieved,” said M
former mayor of New York City.

6. Only hire rock stars.

You can’t exemplify greatness if the people who make up your company aren’t great, too.
point of carefully selecting those we hire on to our teams, even if it takes a little extra time
GSD (Get Stu洽范 Done).

Related: The 5 Characteristics of True Entrepreneurs

As we have such grand expectations for our employees, we always make sure to treat them
take care of them as we would with family. Matthew and I also allow our employees the 〆᭪e
bonuses from time to time to thank them for their trustworthiness and 〆᭪exible capability.
way in enhancing work ethic and promoting remote teamwork.

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