What Skills Can Make You Ultra Wealthy

10/23/2019 (4) What skills can make you ultra wealthy?
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What skills can make you ultra wealthy?

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8 Answers
Luca Petty, Entrepreneur Coach, CEO, Forbes Fellow, Y-Combinator grad

Answered Oct 9
1. Sharing the wealth - When you make money, a lot of people make money.
Can you imagine how attractive this skill is to others?
2. Be aggressively patient - Work your ass off and be patient.
3. Persuasion - The art of confidently asking for what you want. Most of the
world's wealthiest people started out in sales.
4. Recruiting - Hire the best employees and surround yourself with great
mentors. Being able to attract amazing people into your life will have a
direct impact on the wealth you build.
5. Leverage - Learn to delegate, use more capable people and focus on your
strengths, build a team. Use crowdsourcing, software, tech, marketing,
everything to leverage your time and money.
6. Energy Management - Want to drastically improve your productivity? Take

care of your health by eating extremely healthy, start sleeping very well and
taking more work breaks. There’s a reason why professional athletes
consider resting an important part of their daily training regimen.
7. How to problem solve - Take action to solve problems and say “NO” to
99% of things so you can focus on solving the right problems.
8. Time management - Drastically improve your output by working on what

matters, being great at prioritizing, and shortening the time to do things.
9. How to manage money - Understand deeply how to save, invest, improve

your credit, find deals, create passive income, etc.
10. Reading people - Learn to tell an honest accountable person from a

cheater, a hard-working person from a charismatic lazy person. Read
people’s emotions and become a good judge of character.
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10/23/2019 (4) What skills can make you ultra wealthy? - Quora
11. Learning - Everything is about improving. Learn how to learn better.
4 Always
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adopt a beginner's mindset and never be afraid to fail. In fact, fail often Search
and Quora Add Question
fail better.
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Okechukwu Nnaji
I learnt a lot from it,it was very informative on wealth building.
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Muhummad Abubaker, Been guiding people from 2 years

Answered Sun
1. Calculations: You have to master calculations if you want to master your money
Calculations Let's say you want to make one crore rupees in a year well there's two
hundred and fifty working days or forty thousand a day which is one crore rupees in
a year or nine lakhs in a month. Now if I had known those calculations then I
probably would have reached a million dollar mark a lot sooner the calculator can
become your best friend, but you have to learn how to use it every single day
whether you use it on your phone or you use it on your desk. Make sure you punch
your numbers in so you realize where your money is and how many people you're
reaching, how many hours you're working and so you understand the numbers that
go into every single thing that you're currently doing.
2. Avoidance
Practice avoiding all the things that distract your wealth from negative people,
places, environments anything that keeps you away from becoming a richer person
There's an old saying that “If your right-hand causes you to sin, chop it off” and what
that basically means is that if there's something out that's distracting you or keeping
you away from your goals or your purpose it's time to take it away and to prohibit
yourself and there are many examples of this let's say for instance that you always go
on Instagram and there are one or two particular pages that always get you in
trouble trying to block those pages and keep yourself away from looking at those
pages or for instance. Let's say you play video games try to prohibit yourself from
playing video games by giving the actual game to someone that you can trust so
that you can play only once a week instead of once a day. Well some people might
say I can't avoid my negative family members, negative people I work with or even
my environment but you can change your decisions, you can change your actions
and you can change the way you program yourself when you're within that
environment furnace. When I first started out on my journey I couldn't change my
whole environment but I could change the way I was talking to myself. So if people
were gossiping or they're talking about death, violence, and foolishness I would say
to myself I'm successful, I'm happy, I'm becoming richer every day, I'm moving to
greater places, I'm surrounded by better people and I firmly believed it until I was
able to manufacture that result. Make sure you understand the power of avoidance,
avoid the negative people, the negative environments, the negative conversations
and start to go into more positive interactions in your mind and in your environment.
3. Gratitude:
when you look at successful people you'll always hear them saying that they're
thankful for their fans, they're thankful for their business, they're thankful for who
they are and what they've become because their gifts and their talents and their skills
and their abilities have helped them to leverage themselves and promote them to
where they are.
Today show gratitude to the universe and the universe will show gratitude 4 to you, in
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fact, this is a route that most spiritual people take. They understand that gratitude
blessing all the things that they have instead of accounting for the things that they
don't have. Most people are so busy condemning the things that they have in their
environments and the people around them instead of understanding how human
nature actually works and how their environment can actually help them and where
the opportunities actually are. Once you begin to take inventory the things that you
have what you don't want will eventually move out of your way. Make a list of five
things every morning or every night of that you're most thankful for it could be as
small as having a full head of hair or as big as having a house, either way, be thankful
for what you have and you'll start to see your results increase as time goes on.
4. Action:
Take action and ask yourself what is it that I can do that I'm not currently doing, what
are some easy changes that I can make right now that I'm not making, something as
simple as screwing in a light bulb or writing something down on paper or calling
your mother your father.
It's so easy to do that you can do right now make a list of these items I always use
post-it notes because it keeps me in touch with the things that I have to do to-do
lists are very powerful if you learn how to use them if you learn how to write them
down and check them off your list, it will give you the satisfaction you need to take
more action and accumulated actions means to accumulate a success. Sometimes
our minds want to take the path of least resistance, this basically means that at the
end of the day some of us don't really want to work, we don't really want to think
about the things we have to do. Our mind just wants to rest but you have to always
say to yourself do it now, get it done, make it happen and start to abide by that
understanding start taking action at higher levels.
5. Questioning
When you ask questions you raise your self-awareness because now you're looking
for solutions, now you're looking for answers and you're also looking for more
questions which will provide more answers to your life.
ask yourself what do I go to the school or what do I go to this job or why do I have
my family situated in this way when you begin to present yourself with more
questions more opportunities will arise and you will get solutions. when you ask the
right questions average people answer their questions but successful people
question their answer they question why they've concluded on what they've
concluded on and they search for more answers but they also search for more
questions so they can figure out what those answers actually are. I asked myself
questions every single day one of my favorite questions is what exactly did I learn
today and what changes could I make today so that tomorrow can be a better day.
Ask yourself questions all the time and it will unlock the powers of your mind.
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Curt Sutherland, Entrepreneur, Real Estate Investor, Consultant (1981-present)

Answered Dec 11, 2018 · Upvoted by Geoffrey Phillips, Experience of 17 years at a major
Australian bank, when banks were almost moral.
Conversation, networking, negotiations, salesmanship, being able to see 4
opportunities just a little differently than others, and tenacity, are the skills that come
to mind that have been the most useful in creating any wealth for me.
I would guess the skills would be the same basic ones for someone that is ultra-
wealthy as well.
Conversation leads to networking.
Networking leads to negotiating.
Negotiations lead to sales.
Don’t take a negative response as a final response, if you are trying to achieve
something that you want. It’s just “no” until you can view the situation differently,
negotiate, and change the situation just enough to make the response a “yes” or a
achieve the positive response you were seeking originally.
Tenacity, because nobody is going to simply hand you wealth just because you are
you.
You have to keep moving forward regardless of what others say about your goals.
How many times did Elon Musk hear “that’s crazy!” How many times did Mark Cuban
hear “that’s never going to happen!”?
Forget what anyone says. If you truly want to be wealthy, get after it!
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Edres Ramadan
i am benefitting a lot from your posts, please keep posting.
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Related Questions
What are the most cliche things ultra wealthy people do?
What does it feel like to be rich?
What is the smartest way to become rich?
Adam Fayed, Founder of Global Online Financial Advisory Firm

Answered Oct 9
The skills to become ultra-wealthy (for most people $30m+) are often very different
to $1m-$3m.
Look at it this way. Good money management skills + a normal job is enough to get
to $1m-$3m in many cases.
If you get a normal 50k-60k job in the US, UK, Japan and countless other places,
invest well for decades, you can become an “everyday millionaire”.
To get to 10x that amount, usually you need to use one of these things;
1. Leverage - it can make or break people, but using leverage or debt to build
up a business can really help. Also leveraging other people’s time from
recruitment and increasingly affiliates online.
2. Scale - scaling a business online is one of the keys
3. Sales and communication + good cost management - all businesses

depend on sales and good money management. It is one reason that sales
and accounting are two of the most important functions in a business
because if you let costs get out of hand, and don’t have enough sales, you
are dead
4. Communication - and relationship building. Your online and offline
4
network can be key
5. Strategy - adapting to the times and looking for new opportunities in the
market
6. Patience - people who invest long-term can become ultra wealthy. I know
several people that have had upper-middle class incomes, from jobs like
being a high-end engineer, who are worth $10m+, just from being very
patient.
7. Focus - both Gates and Buffett list focus as the most important ingredient
for success, although that is more of a personality trait as well.
Some reading
10 things I wish I had known 15 years ago
9 things stopping people from achieving success
Adam Fayed Podcast
How to become rich by investing: rational Investing Based on Evidence vs

Speculation
Upvote · 9 Share · 1
Judy Kanarek, studied at Fullerton College (1999)

Answered Dec 16, 2018
Here are right skills that can help you to become more successful and wealthy.
1. Become known for one thing.
Many a creative person will tell you they have many talents, which can be both a
blessing and a curse. Excelling at various things can make your head spin as you aim
to fit them all into your weekly schedule.
Those who are exceptionally successful will tell you this is the number one key to
becoming successful. Focus on and be known for one thing -- when you are the
expert in one subject and are living and breathing what you do in addition to
obtaining exceptional results, clients will travel from near and far to work with you.
2. Master a mindset.
Incredible things happen when you become aware of your daily thoughts and begin
doing the work to change the thoughts and beliefs that no longer serve you.
The best book I've read on this subject is Breaking the Habit of Being You' by Dr Joe
Dispenza . The book helps you understand the brain and how it works, and offers
tools for changing your thoughts in a simple yet practical way. Here's a recent
article on the topic.
3. Build muscle.
There are multiple ways you can stay fit, from yoga, Xtend barre, swimming, tennis,
golf, or running. However, one of the fastest ways to lose weight, get tone ,and stay
healthy is to build muscle. 4
There are plenty of people who are thin but have more fat than muscle. By the time
you reach the age of 50, the average person loses up to 10 percent of muscle mass.
Building muscle can improve bone density, reduce the risk of injury, boost
metabolism, help you gain tone and lose weight, improve your quality of sleep, and
raise your level of confidence.
4. Turn habits into success rituals.
Your habits can help or distract you from achieving your goals. One of the best ways
to effectively change your habits is to implement a set morning and evening routine.
5. Turn on your efficiency machine.
Successful people excel at efficiency. They make decisions quickly and take action to
make things happen and get things done.
They utilize their time effectively and realize the importance of energy management.
A lack of energy can severely interrupt a person's level of activity, which is why it is
crucial to identify what energizes you versus what exhausts you.
To heighten your efficiency, automate your business and outsourcing activities that
exhaust you (everything from cleaning to accounting).
The key to efficiency is to focus on what you excel at and build a talented team to
help you achieve your audacious goals.
6. Inspire those around you.
People are drawn to those who inspire others. Inspirational people have a way of
attracting people from all walks of life.
Inspirational people make others feel good about themselves and more importantly,
help them to realize their potential.
We all have different families, beliefs, backgrounds, levels of education, and

experiences growing up, and that's why we think differently. Sometimes, despite the
many talents people possess, they lack the belief in themselves or the confidence to
achieve what they want to in life.
Inspirational people can help boost others confidence and help them to uncover
their true purpose in life -- a magical and rewarding experience.
7. Appreciate your world.
The power of gratitude and appreciation for what you have is absolutely
phenomenal.
When we look at everything we have rather than focus on what we believe is missing,
we gain inner peace, happiness, love, and acceptance of what is. We are able to live
in the present moment rather than focusing on the future.
8. Meditate from the beaches to the mountaintops.
People around the world are embracing the benefits of meditation. Without a doubt,
meditation has changed my life and the lives of countless others.
Regular meditation practice gives one feelings of calm, clarity, and bliss, greater
levels of gratitude, and a different view of the world, not to mention the insights that
are instrumental to achieving success.
The fact that many people are unclear about their purpose and goals in life and have
difficulty making effective decisions is largely due to information overload and the
vortex of social media, all of which compete with the everyday activities around
relationships, career, and family.
Once you've mastered these eight skills, a multitude of benefits await you on a
professional and personal level. They are the foundation for a lifetime of success,
inner peace, wealth, and gratitude.
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Weldon Dunlap, former Statistician at Texas (2001-2014)

Reading is one thing ultra wealthy people do.
The Reading Habits of Ultra-Successful People
Understanding the opprotunities that offer the greatest potential return is one skill.
The ability to prioritize life by what creates geometric opprotunity possible and
focusing on those endeavors. Working towards your goals and learning from the
success and failure of others is important. Libraries are full of unread books.
The Reading Habits of 10 Millionaires and Billionaires
Reading Habits of the Most Successful Leaders That Can Change Your Life Too
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Dylan Dzvene, studies Business at Midlands State University (2023)

Entrepreneurial skills. There are many people with good business ideas but only
those with entrepreneurial skills can make money of them and become millionaires.
You need to know what it takes to be an entrepreneurs What does it take to become
an Entrepreneur | Young Entrepreneur and all the challenges you might face and
how to over come them Challenges faced by young entrepreneurs and how to over
come them. .
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Nikhil Mangal, curious animal

Answered Nov 1, 2018
The five high income skills to build wealth, suggested by the millionaire Dan Lok are
Copywriting
Consulting
Deal closing or sales
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10/23/2019 (4) What skills can make you ultra wealthy?

Quora uses cookies to improve your experience. Read more

Becoming a Millionaire Billionaires Skills +8

What skills can make you ultra wealthy?

Luca Petty, Entrepreneur Coach, CEO, Forbes Fellow, Y-Combinator grad

2. Be aggressively patient - Work your ass off and be patient.

6. Energy Management - Want to drastically improve your productivity? Take

8. Time management - Drastically improve your output by working on what

9. How to manage money - Understand deeply how to save, invest, improve

10. Reading people - Learn to tell an honest accountable person from a

124.8k views · View Upvoters · View Sharers

Upvote · 2.2k Share · 48

1 more comment from Marco Ba

Muhummad Abubaker, Been guiding people from 2 years

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Curt Sutherland, Entrepreneur, Real Estate Investor, Consultant (1981-present)

Conversation leads to networking.

Networking leads to negotiating.

Negotiations lead to sales.

Sponsored by Amazon India

What does it feel like to be rich?

What is the smartest way to become rich?

Adam Fayed, Founder of Global Online Financial Advisory Firm

2. Scale - scaling a business online is one of the keys

3. Sales and communication + good cost management - all businesses

10 things I wish I had known 15 years ago

9 things stopping people from achieving success

Adam Fayed Podcast

How to become rich by investing: rational Investing Based on Evidence vs

3.9k views · View Upvoters · View Sharers

Add a comment... Recommended All

Judy Kanarek, studied at Fullerton College (1999)

1. Become known for one thing.

4. Turn habits into success rituals.

5. Turn on your efficiency machine.

6. Inspire those around you.

We all have different families, beliefs, backgrounds, levels of education, and

7. Appreciate your world.

8. Meditate from the beaches to the mountaintops.

Add a comment... Recommended All

Weldon Dunlap, former Statistician at Texas (2001-2014)

Reading is one thing ultra wealthy people do.

The Reading Habits of Ultra-Successful People

The Reading Habits of 10 Millionaires and Billionaires

Add a comment... Recommended All

Dylan Dzvene, studies Business at Midlands State University (2023)

Add a comment... Recommended All

Nikhil Mangal, curious animal

Deal closing or sales

Digital Marketing Related Questions

What does it feel like to be rich?

What are some little known ways to become ultra

Ask Question · More Related Questions

How could I get rich?

What does it feel like to be rich?

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What are some little known ways to become ultra wealthy?

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