Leadership coach Dr. Jude Miller Burke studied hundreds of self-made millionaires and found that one trait is common in all of them. Business Insider took to Burke’s book, The Millionaire Mystique, a 3-year-long study of hundreds of self-made millionaires to uncover what it is that runs in the blood of these successful people.
“The personality trait most closely linked with high-level work achievement in the Millionaire Mystique study (and confirmed in other research) is conscientiousness, and millionaires and multimillionaires display it at a much higher level than less successful people,” Burke writes in the book.
Business Insider extracted from the book that conscientious people tend to be organised, self-disciplined and dependable. They “reap rewards because they are the least likely to let their lives spin out of control when a crisis happens… They plan carefully, execute their plans, and reap the self-esteem that comes from keeping their promises and working at a high level.”
They also referred to Drake Baer’s article about the same topic. He writes, “There’s a staggering amount of research linking conscientiousness with success. A National Institute of Mental Health study found that conscientious men earn higher salaries. The National Institute on Ageing also found that conscientiousness is linked to income and job satisfaction. Other studies show that conscientiousness is the most important factor for finding and retaining employment.”