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Self made billionaires come from all walks of life. Some become billionaires very young, others late in life. Some are highly educated, others are dropouts from the formal education system. But there are five essential personality traits that they all have in abundance.
Personality Trait Number One is Courage
Self made billionaires have the courage to dream big. You don't become a billionaire by aiming for a new car or house or a 10% increase in your salary. You become a billionaire by aiming to be the best and biggest in the world at what you do. You have the courage to set huge goals in order to get huge results.
Self made billionaires also have the courage to be very different from those around them. They are so different from other people that they are often ridiculed as being weird. They have the courage to not let this bother them. They have the courage to follow their own dreams even if the whole world thinks they are crazy.
Self made billionaires have the courage to throw themselves fully into what they are doing. They don't mind risking failure. They are not people who are looking for balance, they specialize in one thing and they aim to totally dominate in this area.
Personality Trait Number Two is Obsession
Self made billionaires become totally obsessed by achieving their goals. They become totally obsessed by learning everything they need to know. They become totally obsessed by doing everything they need to do.
These are not people who are playing around with the possibility of success these are people who are so obsessed by what they are doing that they don't even notice that there are other things happening in the world around them.
Personality Trait Number Three is Self Discipline
All self made billionaires have tremendous self discipline. They have the discipline to do the things they need to do no matter what work load is required. They have the discipline to make whatever sacrifices they need to make no matter what the cost. They have the discipline to find a way to achieve their goals no matter what obstacles are put in their path.
Self made billionaires are like great athletes who have the self discipline to not only push through the pain barrier but to increase the pace just when they feel like giving up. They don't allow pain, problems, obstacles, the opinions of others, failure, rejection or any other pressure to push them off their chosen path. They have the self discipline to keep moving forward no matter what.
Personality Trait Number Four is Great Time Management
All self made billionaires have magnificent time management. They get up early, typically around 5am. They choose to do the most important tasks and ignore distractions. When they are working they are fully focused so that they get a full hour's results from each hour of their time.
Self made billionaires are long term planners and think in terms of ten year goals, twenty year goals and even longer time frames. Yet on the day to day basis they plan their time in minutes aiming to get the maximum possible returns for each minute they spend.
Personality Trait Number Five is Resilience
This last of the five key traits of self made billionaires puts them poles apart from the average person. Most people give up far too soon but the self made billionaires never give up no matter how well or how badly things are going for them.
Because they have such huge goals and throw themselves 100% into those goals if they experience failure it is often failure on a grand scale but they have the resilience to bounce back from that failure and get back on the path to achievement.
Self made billionaires don't revise or down grade their goals just because they experience failure, setbacks, criticisms, obstacle, sacrifice or any other difficulty. They have the resilience to stick to their goals and break through any difficulty and ultimately succeed,
Self made billionaires don't make excuses they take action. They don't blame others or their circumstances they take 100% responsibility for their outcome. They have the resilience to weather any storm and this resilience is the glue that holds the other four traits together and keeps them moving onward and upward.
How do you score on the five personality traits of billionaires?
You may not want to be a billionaire. You may not want to be so extreme in your life but if you have the five traits of the billionaire in reasonable measure then you can succeed at a level far greater than the average person without needing to be the total fanatic required to make billions.
It is an interesting exercise to assess yourself on each of the five traits as a means of predicting your own level of future success in life and, if necessary, giving yourself a tune-up in the areas that you are lacking.