The 3 Traits of Ultra Successful People

Summary

• I told an 18-year-old neighbor to sign a contract that says, "I want to be a millionaire." The deal was to wait 5 years without making any money first.
• If you delay for 5 years and focus on providing value to others, you can become a millionaire. But most won't do it, which is why many aren't successful.
• There's research on ultra-successful people showing they have three common traits:
  1. They have a superiority complex. They believe they're better than others and can accomplish bigger things.
  2. They have crippling insecurity about not being good enough.
  3. They have strong impulse control.
• Most people don't make money because they can't wait even 12 months.

Video

How To Take Action

Action Plan for Success

Focus on Providing Value

I would suggest starting by committing to a long-term vision. Think about where you want to be in 5 years. Write it down. This isn't about immediate profits; it’s about building value. Offer your skills or services for free or at a reduced rate to build credibility and experience.

Develop Key Traits

Superiority Complex

A good way of developing a healthy superiority complex is by setting big goals. Believe in your capacity to achieve them. Surround yourself with positive affirmations and people who inspire you.

Crippling Insecurity

Use your insecurities as a driving force. Identify areas where you feel less confident and work diligently to improve them. Continuous learning can help turn these insecurities into strengths.

Impulse Control

To work on impulse control, start small. Create a simple budget and stick to it. Avoid unnecessary expenses. Practice delaying gratification by setting small, achievable goals and rewards.

Emphasize Patience

Understand that success takes time. Many people fail because they can't wait even 12 months. Be patient and persistent. Remind yourself that the work you put in today will pay off later.

Implement Time Management

Focus on time management to maximize productivity. Break down your goals into daily, weekly, and monthly tasks. Use tools like calendars or task management apps to keep track of your progress.

Cultivate a Growth Mindset

Adopt a growth mindset by viewing challenges as opportunities. Learn from your failures and keep pushing forward. This will help you stay resilient and adaptive.

Build Relationships

Network with others in your field. Offer help and ask for advice. Building solid relationships can open doors and provide valuable insights.

By implementing these strategies, you can build a foundation for long-term success without needing excessive resources. Stay committed, focus on value, and watch your efforts compound over time.

Full Transcript

I have this 18-year-old who is my neighbor and I said I'm going to have you sign a contract that says I want to be a millionaire I was like you got to wait 5 years and you can't make any money between now and then would you do it every single person can do that I guarantee you if you delay for 5 years and used to provide a value to people you'd be a millionaire in 5 years but guess what no one's going to do it and that's why most people aren't successful they did this research study that said that Ultra successful people have three common traits number one is they have a superiority conflex they think they're better than everybody they think they can do bigger things second they have crippling insecurity of not being and then third one is impulse control if we can do that we will be more successful and the reason that most people don't make money is cuz they can't wait 12 months