7 Habits That Made Me a Millionaire in My 20’s

This video is about the seven habits that have contributed to the speaker becoming a millionaire in their 20s, including reading, developing high-income skills, having an abundance mindset, and practicing "dumb persistence."

This video by Greg Gottfried was published on Jul 16, 2023.
Video length: 09:08.

This video is about the seven habits that have contributed to the speaker becoming a multi-millionaire in their 20s.

The first habit is reading, as it allows the speaker to learn from successful people and change their mindset. The second habit is developing and working on a high-income skill, as having a valuable skill set is necessary to make a large sum of money. The third habit is developing an abundance mindset, believing that achieving a high income is possible.

The fourth habit is dumb persistence, which involves not giving up and continuously working towards success.

• Reading allows you to learn from successful people and believe that their success is possible for you.
• Developing high-income skills is necessary to make a significant amount of money.
• Having an abundance mindset involves truly believing in your ability to achieve financial goals.
• Dumb persistence, or not giving up in the face of challenges, is crucial for financial success.
• Surrounding yourself with successful people can reinforce your belief in your own potential.

7 Habits That Made Me a Millionaire in My 20’s - YouTube

Habit 1: Reading

• Reading allows you to learn from successful people and believe that their success is possible for you.
• Books like "Tribe of Mentors" by Timothy Ferris provide valuable insights and advice from successful individuals.

Habit 2: Developing High-Income Skills

• In order to make a significant amount of money, you need to have high-value skills that people are willing to pay for.
• Examples of high-income skills include online marketing, graphic design, copywriting, video editing, web design, and search engine optimization.
• By mastering multiple high-income skills, you can deliver more value to the world and increase your earning potential.

Habit 3: Abundance Mindset

• Developing an abundance mindset involves truly believing that achieving your financial goals is possible.
• Books like "Think and Grow Rich" explain the difference between scarcity and abundance mindsets.
• Surrounding yourself with people who have already achieved what you want can help reinforce your belief in your own potential.

7 Habits That Made Me a Millionaire in My 20’s - YouTube

Habit 4: Dumb Persistence

• Dumb persistence refers to the mindset of not giving up, even when faced with challenges or setbacks.
• This habit has played a significant role in the speaker's financial success.
• By persisting through difficulties and staying committed to their goals, the speaker was able to make a substantial amount of money.

Setting Crazy Goals and Ignoring Doubt

• Setting a crazy goal, like making one million dollars in the next two years, may seem unrealistic to most people.
• However, when you set a goal that your mind cannot comprehend, believe in it, take action steps towards it, and ignore doubt, you can achieve it.
• By keeping your head down, enjoying the journey, and persisting despite obstacles, you can achieve your crazy goals.
• Even if you don't know how it happened, you will find yourself achieving those goals.

Being Lazy and Finding Efficiency

• Hiring lazy people can be beneficial because they often find more efficient ways to do their job.
• As your business grows, you need to find ways to automate tasks and make them more efficient.
• Regularly searching for tools and resources that can help automate or optimize your business processes is important.
• Investing time in finding ways to do the same amount of work with less effort can help your business reach new income levels.

Watch the video on YouTube:
7 Habits That Made Me a Millionaire in My 20’s - YouTube