Millionaire Next Door: Luck versus Discipline

My father always told me, “an overnight success takes 10 years.”  Ninety-nine percent of the people in the United States work for the remaining one percent. Why is that?

Most successful people are disciplined.  They set high goals and achieve them.  They do not have people telling them what to do – they just do it.  They make their own roadmaps.  No one tells them it is time to go to work – most are at work very early and stay late.

The harder I work, the luckier I become.

Dr. Stanley says disciplined people are not easily sidetracked.  They could live in a bakery and not gain weight – live in a warehouse filled with top-branded alcoholic beverages and not indulge.  They could encounter hundreds of economic opportunities and then select the “correct one.”  On average, only four percent of Millionaires attribute luck to their success and 73% to discipline.

Becoming a "self-made" "millionaire next door" takes discipline.   The term "easy come - easy go" sums up discipline.  Inheritance and lottery money usually do not stay put long.  Usually, the self-made person has the first dollar they ever made framed somewhere.  Discipline starts at a young age.  I played football with a guy in high school who, because of a transfer, could not play our junior year.  He was the first on the practice field and last one off. He never played in a single game all year.  He also graduated #1 in his law school class.  However, discipline can come at an older age when someone finds their unique ability.


“I am a finisher in a world of starters.” – Unknown

You will be the same person 10 years from now except for the people you meet and the books you read.

Recommended Reading List:

·       "Start with Why" by Simon Sinek

·       "Midnight Lunch" by Sarah Miller Caldicott