13 Habits of Self-Made Millionaires

Italics ( Courtesy of Business Insider) I decided to give this article a more self-help feel and pull out the advice.

1. They read consistently
The three types of books they tend to read include:

biographies of successful people, self-help or personal development, and history.

2. They exercise

Seventy-six percent of the rich aerobically exercise 30 minutes or more every day,

3. They hang out with other successful people

The rich are always on the lookout for individuals who are goal-oriented, optimistic, enthusiastic, and who have an overall positive mental outlook.

4. They pursue their own goals
Instead of chasing other people's dreams (ex. parents'), they chase their own.

Passion gives you the energy, persistence, and focus needed to overcome failures, mistakes, and rejection.

5. They get up early

Nearly 50% of the self-made millionaires in Corley’s study woke up at least three hours before their workday actually began.

6. They have multiple sources of income
Whether it is real-estate, stock market investments, or part-ownerships in other businesses,

Sixty-five percent had at least three streams of income that they created prior to making their first million dollars.

7. They find and check in with mentors
Mentors can be extremely helpful in anyone’s life. They can teach you

what to do and what not to do.

8. They're positive
Turn that frown upside down.
Long-term success is only possible when you have a positive mental outlook.

9. They don't follow the herd

failure to separate yourself from the herd is why most people never achieve success.
Create your own path be a maverick. If you want to be in banking, sitting around all summer in your friends’ basements is not going to get you there. Learn to do your own thing.

10. They have good etiquette

Self-made millionaires have mastered certain rules of etiquette principles you have to master if you want to be a success
This includes thank-you notes, table manners, apparel, etc.

11. They help others succeed

No one realizes success without a team of other success-minded people.

12. They dedicate 15 to 30 minutes a day to just thinking

Topics range from careers and finances to health and charity.

13. They seek feedback

Fear of criticism is the reason we do not seek feedback from others

What are some other habits of millionaires that were left out?

0 Comments

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”