Secrets of Self-Made Millionaires, for me, is one of the best wealth books that you MUST HAVE if you want to become a self-made millionaire. This book is written by Adam Khoo, a young, Singapore self-made millionaire at the age of 26. What he taught in this book is much more than you can expect.
For me, Adam is a real value creator. If you ever read this book before, you will understand what I mean. In his book, Secrets of Self-Made Millionaires, he taught about the millionaire mindset. For you to achieve massive amount of wealth, you will first have to adopt the million-dollar mindset.
So, the first millionaire habit, will be this…
Always Exceed Expectations
Overall, people can be categorized into 3 groups. The first group is those who adopt the habit of doing less than what is expected. Their patterns are reflected in the fact that they probably do less than what people can expect. When you ask them why, they usually will give you a lot of excuses like “I could not think of more” or “I just don’t have the time to do all these”.
Because of this thinking and habit, this kind of people will not add any value for their business and their company. In fact, they tend to reduce the value their company creates. These are the group of people when you ask them to do ABCD, they will only end up doing just A and B.
While in working, although they are paid $1,000 for their work, but they only create $800 in value. They are the liabilities of their company. So do you think that the company will give this group of people a salary raise? Hardly.
The next group of people is those who adopt the habit of doing exactly as expected. The majority of us fall under this category. This group of people will obediently do exactly as told, if you ask them to do ABCD, they will do exactly just like what you have told them to do.
They are responsible people who get the job done, nothing more nothing less. They clock in at nine in the morning and knock off exactly at six in the evening. If they are given the task to hit $10,000 sales, they will do exactly that, they will hit $10,000, and no more.
So, are this group of people consider the asset or the liability of their company? They are the low-return investment for their company. By paying them $1,000 per month, they will create $1,1,000 value or so, make their company get a small amount of return on their business.
Will these people get a pay raise? Of course, because they are responsible people, they will get a pay raise. However, this group of people will only be promoted up to a certain point. They will eventually hit the ceiling. This ceiling is normally that of a manager, because they can only take orders and get things done.
Meet The Real Value Creators
The last group of people is the real value creators, they always do more than expected. If you are in this group, it is not something that you were born with, it has nothing to do with your academic results, but it is a habit of choice that anyone can adopt. Value creators have the habit of doing a lot more than expected. If they are paid $1,000, they will work as if they are being paid $10,000.
They are the real, high-return investment for their company. It is through their efforts, that the company make more and more profits every year. As a result, they will often get a pay raise, bonuses and stock options. The company knows that for every dollar they invest in them, they will return triple the value. Your Value Determines Your Income.
In the past, income was based mainly on seniority and loyalty. The longer you stayed, the more you were valued. However, this is totally different in today’s world. The amount of income you get is fully depends on the amount of value you create. That is why we have examples of people who are younger, with a lot less experience directing business, but they are earning a lot more than senior workers.
The real value creators are usually being head hunted by other companies. So, the first unbreakable habit of wealth is to do a lot more than expected. This habit does not just apply to employees, it applies to anyone! Here is the real-life example of value creator:
When Michael Jordan was interviewed and asked how he became the world’s greatest basketball player, he replied, “I expect more from myself than anyone would ever expect from me! When my coach expects me to train 3 times a week, I would train 5 times. When my coach expects me to score 15 points for each game, I would score 36 points! That is why I am the best in the world!”
If you are doing just as expected, you will soon out of business! In today’s business world, the competition is high, and if you want to make your business stand in front of others, you will have to do a lot more than expected. If you start a retail store today, you are competing with hundreds of others, both locally and internationally!
Today, if you perform below your customer’s expectation, you will soon out of business. Simply because they have many other choices, and others can provide the same service or products just like yours, maybe even better! Many business owner struggle because they offer exactly the same value as every other business in their industry.
The answer to create massive wealth today is to exceed our customer’s expectation. You have to create more value for your customers. Create More Value and Money Will Follow.
I hope that this post is going to help you both in your life and your business. No matter you are doing your online business, or offline business, always exceed expectations, and you will find your wealth doubling in a rapid rate.
==> You can straight away download the complete version of The Nine Millionaire Habits here in PDF, without having to go all over my articles.



May 11th, 2008 at 6:43 am
great tips! Keep up the good posts.
May 11th, 2008 at 3:27 pm
hi! can we exchange links?
May 11th, 2008 at 4:05 pm
Hi Ivy,
Sure thing. Just let me know about the detail.
You can contact me using the contact button above.
January 9th, 2009 at 10:55 pm
[...] His business idea was new because he assembled all the computers according to his customer’s preferences and sell directly at a low price. He was the first to introduce the direct sales method in the IT industry. The direct sales clicked and there was huge demand for computers. Dell knew that he could beat computer dealers by selling a lower price with good technical service (Millionaire Habit #1 - Always Exceed Expectations). [...]
January 13th, 2009 at 6:33 pm
[...] for me, it is the best wealth book that I have ever read. Before this I have also posted about millionaire habit #1, always exceed expectations. Now, as for the second millionaire habit that you need, is [...]