6. Confidence
Self-made millionaires have high self-efficacy, meaning that they believe they can be successful in specific areas. They have the type of confidence in which they know that they’re not good at everything but they recognize their areas of strength. This leads them to focus on and pursue what they’re good at. They also believe that they can achieve their goals, including financial ones. Even when there are challenges, the high self-efficacy of self-made millionaires drives them to persevere because they know that by doing so, they will end up successful. This is important because if you believe that becoming a millionaire is out of your reach, you won’t even bother trying to become one.
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