Quora answers – What habits made you a millionaire?


A question that we all strive to know the answer to. Andrew Ferebee answers.

Only a few short months before my 30th birthday I found out that my business had surpassed 7-figures of revenue in a 12 month period.

This actually happened a few months prior but I was so focused on making moves within that business that I didn’t even realize Knowledge for Men had become a million dollar company.

I don’t say this to brag, but rather to point out that I’m not here to share fluff or “good ideas”


The habits I am about to share with you MADE me a millionaire. (from a networth standpoint)

They aren’t the habits that I saw other people practicing, they are the ones that I built into my life to achieve the results that I now have.

Here are the 7 habits that helped me build a 7-figure business before the age of 30


1. When In Doubt Make the Bold Move

I know you were probably wanting me to share a bunch of daily habits that will help you accelerate your life and business… And I will do just that in a moment.

But first, we need to talk about the one habit that makes all of the other habits matter.

The art and science of making BOLD MOVES.

If you want to become a millionaire by building a business and you want to do it in a relatively short amount of time, then you cannot play it safe.

You can’t sit on the sidelines and wait for success.

You can’t allow yourself to stagnate.

You must make the big bold moves that will change your life.

Here are a few bold moves that I made that helped me build a million dollar company.

– Quitting my cushy corporate job and building my entire business on credit
– Hosting a live event even though I had no experience doing so
– Hiring my first full time employee even though I wasn’t certain about the company’s revenue or future
– Signing an expensive lease on (almost) beach front office space in San Diego even though I couldn’t “technically” afford it

These things weren’t easy to do.

They scared the shit out of me and made me consider quitting at my dreams more times than I can count.

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But at the end of the day, I ALWAYS made the bold move and that is the only reason I am where I am today.

Without this single “Habit” nothing else that I will share will work.

It won’t matter how much energy you have, how sharp your mind is, or how on point your performance might be.

If you aren’t willing to make bold moves, you won’t succeed at this game… Period.


2. Sleep 8 Hours a Night

Most people don’t realize that sleep deprivation is (literally) killing them and destroying their performance.

If you want to build a million dollar company or become an employee/investor with a 7-figure salary, you need to sleep.

Period.

Here are a few quick tips to help you improve your sleep and by extension, your life.

– Go to bed at the same time each night
– Wake up at the same time
– Have a very clear evening ritual
– No screens 2 hours before bed
– Take an epsom salt bath 2 hours before bed
– Drink 2 Tbsp of Apple Cider Vinegar and 1 Tbsp of Raw Honey in Chamomile tea one hour before bed
– Black out your room
– Put the thermostat on 65


3. Read for at Least 60 Minutes a Day

One of the single most important things you can do to achieve financial success is to commit yourself to never ending education.

Once you graduate from college (even if you have a PhD) your education has just begun.

You should spend at least 60 minutes a day devouring new and interesting content on a wide variety of subjects (weighted more heavily towards your current goals)

It doesn’t matter whether you read blogs, books, listen to podcasts, or watch TED talks, you just need to educate yourself.


4. Meditate for 10 Minutes a Day

This might sound cheesy, but I promise you that it will work wonders in your business life.

When you are clear headed, calm, and focused you are able to create incredible things in your business and your life and meditation is the “Short cut” to achieving this state of being

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5. Exercise Daily

You won’t be able to create anything of worth without energy, and if you aren’t moving your body on a daily basis, then you are draining your energy.

Exercise increases cognition, improves your mood, increases dopamine and seratonin and all sorts of other wonderful things.

If you want to make more money, start by exercising more.


6. MASTER SALES

If there is any skill that can make you a millionaire faster than any other, it’s sales.

Whether you are selling through writing (copywriting) or over the phone or via a webinar, YOU HAVE TO SELL TO SURVIVE.


Go follow Grant Cardone and do EVERYTHING that he says with regards to sales and I promise you will increase your income.


7. Be Patient

2 years ago, my podcast had millions of views and I had $14.67 to my name.

I wanted to give up.

I wanted to quit.

I wanted to say f*ck this, return to my safe corporate job, and go back to numbing my life with porn, video games, and drugs.

But I didn’t.

I couldn’t.

I knew that if I stuck with it just a little bit longer I would see results… And I was right

Today, I have a business that generates more than 7 figures of revenue each year.

I have an office by the beach, a team of 15 A+ players, and the business of my dreams.

But it took time.


You can do everything right for years and NEVER see a single result if you aren’t patient enough.

Gary Vaynerchuk always says that you must have Micro intensity and macro patience.

Realize that nothing good will happen for the next 5 years and then get to work.

Because once you hit that tipping point… Things will change and they will change faster than you can ever imagine.

So stick it out.

Be patient.

And I promise you that if you do what needs to be done… You might just make that first million and more.

Stay Grounded,
Andrew

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