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The German Institute for Economic Research conducted a study on 20,000 Germans. Thousands of surveys have been completed by millionaires. The authors of the study tried to isolate key personality traits that are responsible for financial success. Five characteristics common to millionaires have been identified. Check if you have them.
Are you the owner of these five character traits? If so, you have the potential to become a millionaire
Millionaires, as the authors of the study understand, are people whose net worth exceeds one million euros. The average wealth of millionaires is 4 million euros. Scientists have identified five personality traits that they believe are common to all millionaires. These features are extroversion, conscientiousness, openness to experience and risk taking. Interestingly, according to the researchers, extroversion and emotional stability were less visible in the case of inheritance millionaires.
The more strongly someone identifies with these traits, the statistically greater their wealth.
Personality is an important factor in accumulating wealth.
– concluded Johannes König, co-author of the study.
Millionaire Illustrative Photo, Shutterstock
Millionaires work harder, are more conscientious, and less emotional
The average millionaire works about 46.9 hours a week, while people at the bottom of the income scale work about 36.4 hours a week. Statistically, a millionaire works longer, is conscientious and less emotional. His low neuroticism manifests itself in less susceptibility to stress. Millionaires are united by extroversion manifested by a higher sense of value and self-confidence. The rich also have no problem with making contacts.
Millionaire Illustrative Photo, Shutterstock
If you’re not afraid to take risks, you have one of the five characteristics of a billionaire
A corporate job may seem more tempting to most people because of its stability and security. However, it always has a ceiling that cannot be penetrated. People who achieve the greatest business successes, such as Steve Jobs, Elon Musk and Mark Zuckerberg, gave up the classic career paths and took risks by starting their own businesses.
According to statistics, millionaires enjoy above-average life satisfaction. In addition, they live longer. To sum up, the rich live longer and happier. They also take special care of healthy eating and sports.
Sources: block-builders.net, wealthmanagement.com
Source: Gazeta
Bruce is a talented author and journalist with a passion for entertainment . He currently works as a writer at the 247 News Agency, where he has established himself as a respected voice in the industry.
