An American author interviewed more than 100 self-made millionaires. A self-made millionaire is someone who built their wealth

through their own efforts—not through inheritance, winning a contest, or anything like that. Based on his conversations with millionaires, the author drew several conclusions and was able to

and debunked many common misconceptions about millionaires. We’ll cover some of them in this post, and it’s definitely worth

reading and learning from them.

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1. Millionaires are very intelligent:

A belief we all share is that, to have a million or more, you must be smarter than everyone else. This belief is completely wrong—millionaires are people

They’re ordinary people like us. They try and make mistakes, but what sets them apart is that they create plans and strategies, follow them, and put them into practice.

Some millionaires can’t read or write. According to some global statistics, some were in debt but managed to overcome their

ديونهم وقاموا بإنشاء شركات لأنفسهم ووضع خطط ناجحة تمكنوا من خلالها الوصول لكل احلامهم, ولكن لا تظن انهم لا يقعون في مشاكل, لكن علي 

contrary, they face very serious challenges involving costs, insurance, and more. In the end, though, they can overcome them by staying determined to

succeed, thinking clearly, and refusing to give up.

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2- Millionaires are luckier:

Most of us believe millionaires are extremely lucky—that they inherited a fortune, had one fall from the sky, or found buried treasure. But this belief is also wrong, because

These cases are exceptions, not the rule. Some people really have inherited a lot of money and become millionaires without any effort, but most have worked hard to make their millions.

An American author recounts speaking with one of the 100 millionaires he interviewed. The man had become a millionaire by selling motorcycles. How did he do it?

At first, he had nothing and owed money to several people. He built motorcycles and took them to shops to sell. He went to 60 shops,

but every one of them turned him down. He kept visiting other shops until one finally bought from him. After that, he went back to the 60 shops that had refused to buy from him

so they would buy his motorcycles, which had caught on with many people and were selling well. When the author asked him why he hadn’t given up after being rejected by 60 shops,

he replied, “I would have kept going back to them even if they had rejected me 300 times. I wouldn’t have stopped until they said yes.”

And that’s exactly what happened, thanks to determination to succeed—not luck.

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3- Millionaires live lives of luxury and extravagance:

We all think millionaires live lives of luxury and extravagance, but this belief may come from the movies we watch or from some celebrities

who do this kind of thing. In reality, however, this belief is mistaken: most millionaires are careful with their money and invest it so that it will bring

them even greater returns. Most of them don’t replace their cars until they start having more problems. One of the best-known examples is the millionaire “Warren Buffett,” who still lives in

the house he bought in 1958 for $31,000. Millionaires make only sound decisions that generate substantial returns, and when you see them spending

millions, you can be sure that the money will come back to them many times over.

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4- Millionaires inherited their millions:

Some millionaires inherit money from their parents. Some squander it, while others preserve it. And some build a fortune of their own

—a very large one—which they then leave to their children. But there is a Chinese saying that wealth does not remain in one family for more than three generations, and some statistics support this

in the United States: 86% of American millionaires built their fortunes themselves, without anyone’s help. There are many stories about the lives of some

self-made people who built their own success and preserved their wealth, even though they began life in debt and without a place to live. Even more surprisingly,

some studies and statistics indicate that the average millionaire (someone who inherited money) loses all their wealth and ends up in debt 3.5 times over the course of their life.

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5- Millionaires must never know fear:

Fear and millions do not go together. You must take risks, try, and fail once or twice. Don’t let anything stand in the way of your success, says the American author

57% of the millionaires he interviewed were initially afraid when they started their first business. They feared losing money and failing, and worried because their families depended on them.

They were also afraid of letting their wives down. The author shares a very moving story about Anita Kroc, who had no experience at all in business or sales.

She didn’t like being rejected, no matter what she was offering. She was very nervous when she went to a store to show them products she had made herself, but

some people turned her down while others agreed. Each time she was rejected, she would leave the store in tears. But over time, she discovered that her successes

helped her accept rejection and face it with a big smile, without ever letting herself give up. You have to risk everything you have to succeed,

but you should carefully consider every step before taking it, including the potential losses and whether the profits are likely to outweigh them.

Then you can decide whether or not to get started.

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6- Millionaires make millions every month:

Most millionaires work in more than one field, earn income from multiple sources, and invest heavily in their businesses until they become

very well-known and grow large enough to generate substantial profits. When the time is right, they reap the rewards by selling them for millions. Most millionaires follow one principle:

When they invest money, they expect to get more back—perhaps several times their investment. Having multiple sources of income helps them invest more

and earn even greater returns. None of this happens by chance or luck; it takes hard work and dedication to achieve this level of wealth,

and some studies and statistics suggest that only 20% of millionaires retire, while 80% continue working until the end of their lives.

Ultimately, nothing is impossible—you could be the next millionaire. Why not?! The countries that have seen the largest growth in millionaires are India, China, and Singapore.

The richest billionaire in a developing country is “Carlos Slim Helú.” He is of Lebanese origin but lives in Mexico. One of his most famous quotes is: “All times are

suitable for those who know how to work and have the tools to do so.”