• Food
  • Family
  • Beauty & Health
  • Style
  • Great Women
  • Events/Win
  • Best Beauty Buys 2023
  • Food
    • Eating Out
    • Cooking Tips
    • Festive Food
    • Asian Recipes
    • Food
    • Celebrity Recipes
    • Dessert Recipes
    • Healthy Recipes
    • Quick & Easy Recipes
    • Western Recipes
  • Family
    • Family
    • Save Money
    • Parenting
    • Sex & Marriage
    • Travel
  • Beauty & Health
    • Beauty & Health
    • Skincare
    • Makeup
    • Hair
    • Awards
    • Diet & Nutrition
    • Fitness
    • Wellness
  • Style
  • Great Women
    • Career
    • Great Women of Our Time
    • Real Life
  • Entertainment
  • EVENTS/WIN
  • Subscribe
Privacy Menu
SPH Media

Copyright © 2023 SPH Media Limited. Co. Regn. No. 202120748H. All rights reserved.

  • Food
  • Family
  • Beauty & Health
  • Style
  • Great Women
  • Events/Win

Family

This Is How Successful People Get Richer

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Family

This Is How Successful People Get Richer

. We picked the brains of a few enterprising money makers to find out just what it takes to hit the seven-figure mark.

April 4, 2018

Word on the street is that one in 35 Singaporeans is a millionaire. We picked the brains of a few enterprising money makers to find out just what it takes to hit the seven-figure mark.

READ MORE:
Got A Difficult Boss? Here’s How To Deal With It Professionally
5 Things Never To Say At A Job Interview
Here’s What To Do When You’ve Made A Mistake At Work

https://www.womensweekly.com.sg/gallery/family/successful-people-get-richer/
This Is How Successful People Get Richer
Give It Your All
image

“If you want to make your first million, you cannot play it safe. Many people with cushy jobs can learn to be less risk-averse. For the sake of a stable income, they may stick with their full-time jobs and pursue their passion after work, only going all in once they’re successful. But this dilutes their time and concentration and possibly their chances of success. You have to give it your best shot so you’ll have no regrets because you tried your best.”

Stay Focused
image

“To me, focus and dedication are key. While I’d still be working at 9pm or even 11pm, some friends and partners would choose a more balanced life. I find it difficult to juggle a family and social life and still be successful. The fact is, your level of success is commensurate with the effort you put in.

A woman who wants success and a family will need a very supportive spouse or very capable helpers. So I’m not saying that you can’t have work-life balance and still succeed; it’s just tougher.”

Be Ambitious
image

“Some people are not ambitious enough, or they’re content with what they have, so that keeps them from becoming a millionaire. For instance, they may run a successful cafe but aren’t interested in expanding. Then there are those who aim too high and give up easily. You need passion to drive you to achieve your goals, but not so much that you become emotionally attached to your product or business. Running a business requires a rational and logical mind, so it’s important to dream big but think small: Dreaming big makes you limitless and gives you a vision, while thinking small grounds you and helps you set up your operations.

Most millionaires didn’t start out thinking they were going to become millionaires; you can’t plan to become a millionaire, but you can realise your dream through hard work and proper execution.”

Be Humble
image

“Being humble is underrated. When you humble yourself, people are more inclined to offer advice when you ask for it; you’ll also be more accepting of the advice and of new information. There’s a lot of information overload these days, so it’s about filtering all of it and learning to process and apply it.”

Stay Open Minded
image

“When you make your first $100,000, it’s probably through personal effort, but when you want to make one million, it’s about the people around you. Being in sales, I need to be friendly and service-oriented. Being knowledgeable and open-minded is also important. Being open-minded helps me relate to the other person and understand their needs, while being knowledgeable about the subject makes it easier to find a solution and close a sale.”

Understand Your Business
image

“Be prepared to roll up your sleeves and get involved with the nitty gritty of your business. You can’t just delegate from the office; you have to be on the frontline to see how your team executes tasks. You have to think about your finances, talk to your accountants and legal teams, and oversee everyday operations. Only if you’re familiar with your work will you win the respect of your team.”

Text: Hoe I Yune/HerWorldPlus

  • TAGS:
  • boss
  • career
  • Inspire
  • money
  • rich
  • work
SHARE THIS ON

What’s Hot

Family

7 Online & Mobile Vets That Offer House ...

Family

12 Fun Facts To Know About Celebrating H...

Family

18 Family-Friendly Activities In Singapo...

Family

21 Indoor Playgrounds In Singapore Where...

Family

From A Cruise To Phuket To A Deluxe Skin...

Family

Teach Public Speaking Skills To Your Kid...

Family

Co-sleeping: Is It Safe to Sleep with Yo...

Family

Best 3.3 Amazon Singapore Deals in 2023 ...

Family

Best 3.3 Shopping Sales & Promotions...

Family

Spoil yourself with these best Internati...

Family

7 Family-Friendly Activities To Do From ...

Family

9 Fun Things To Do With Mum This Mother'...

Don’t Miss These
  • Beauty & Health Mid-Year Recharge: Great Ways To Rest And Revitalise Your...
  • Family From A Cruise To Phuket To A Deluxe Skincare Set: Six Ste...
  • Skincare No More Razor Burn And Ingrowns: An Easier Way To Remove ...
  • Food Skip Food Planning And Cooking: Get Tasty, Healthy Dishes...
Editor’s Picks
  • Save Money 7 Affordable Singapore Florists For The Perfect Mother's Day Bouquet
  • Parenting 20 Water Parks And Playgrounds In Singapore To Beat The Heat
  • Parenting 6 Mums On Creating Work-Life Balance To Spend More Time With Kids
  • Sex & Marriage This Couple Invested Their Life Savings To Develop A Beauty Business Together
  • Family 7 Online & Mobile Vets That Offer House Call Services For Sick Pets
  • Family 12 Fun Facts To Know About Celebrating Hari Raya in Singapore
Don't Miss Out Ever Again!
Tips & tricks to stay sane + win invites to our events!

By signing up, you indicate that you have read and agreed with our Privacy Statement
Footer Menu
  • About Us
  • Contact
  • Conditions of Access
  • PDPA
  • Privacy Policy
?>">
SPH Magazine

Copyright © 2023 SPH Media Limited. Co. Regn. No. 202120748H. All rights reserved.