The Millionaire Habits Nobody Teaches You

About this video

• Video Title: The Millionaire Habits Nobody Teaches You
• Channel: I Will Teach You To Be Rich
• Speakers: Ramit Sethi
• Duration: 25:24

Overview

This video by Ramit Sethi outlines nine "millionaire habits" that are not commonly discussed, emphasizing practical, compounding actions over superficial routines. Sethi argues that true self-improvement involves intentional investment in oneself, deliberate practice, playing offense with finances, understanding money, choosing solutions over problems, asking for help, advocating for oneself, persisting through challenges, and actively participating in opportunities.

Key takeaways

• Invest in Yourself: True learning and self-improvement are demonstrated through tangible investments of time and money, reflected in one's calendar and spending, not just passive consumption of content.
• Practice Intensely & Deliberately: Success requires more than just putting in hours; it demands focused, intentional practice with a plan for improvement, analyzing results, and making adjustments.
• Play Offense: Proactively manage finances by negotiating, automating savings, and consciously directing money towards what matters, rather than passively reacting to expenses.
• Understand How Money Works: Move beyond guilt and shame around spending by understanding financial systems, identifying "money dials" (what you love spending on), and spending intentionally.
• Choose Solutions: Shift from a problem-oriented mindset to a solution-oriented one by actively seeking ways to overcome challenges rather than just discussing problems.
• Ask for Help: Don't be afraid to seek guidance, feedback, and introductions from mentors, peers, or networks, as this is a crucial skill for growth and opportunity.
• Advocate for Yourself: Clearly articulate your needs and value, whether in salary negotiations or seeking new roles, as being silent often leads to being overlooked.
• Keep Going: Develop resilience by persisting through setbacks and feedback, learning from failures, and understanding that consistent effort is key to long-term success.
• Get in the Game: Actively seek out opportunities and be present where action is happening, whether by moving to a new city, attending industry events, or volunteering.