The 6 Characteristics That Separate Successful People From The Rest Of The Pack

The 6 Characteristics That Separate Successful People From The Rest Of The Pack
Like Us On Facebook
Like Us On Facebook

What’s the difference between those who are financially successful and those who live paycheck to paycheck? It isn’t just old-fashioned luck.

There are particular traits that separate a lot of the wealthy from the rest of society — traits that supply them the necessary edge to tackle mediocrity and stay at the top of their game while everyone else complains about money.

1. Frugality

In behavioral science, frugality is defined as “the tendency to acquire goods and services in a restrained manner, and resourceful use of already owned economic goods and services to achieve a longer term goal.” The rich know that investing in an “image” is not a wise investment. They never live beyond their means and don’t require material goods to flaunt their worth.

Keeping up with the Joneses is a silly game to play – there will always be someone out there who is more successful than you are. Mark Zuckerburg drives a $30,000 Acura and Michele Obama often wears Target. Keeping money in the bank can make other investments more achievable.

2. Optimism

When you’re constantly negative or adopt the mindset that you’re undeserving of wealth or success, you close yourself off to opportunity and attract even more negativity into your life. The wealthy know that being positive and making the best of every situation enables you to solve problems more effectively and not be sidetracked by small setbacks. More money does not lead to more happiness, but being a positive, happy person can certainly only help you on your road to success.

3. Persistence

The wealthy are able to accept that failure is a part of success and many embrace failures as lessons that push them to the top. Shifting focus from being upset about the things you’re unable to control, to being proactive about the things you can control is a trait of successful people. Many will tell you that the big “aha” moment or closing deal happened after many others would have given up.

Thomas Edison famously said, “I haven’t failed, I’ve just found 10,000 ways that won’t work.” The wealthy know that being adaptable and never giving up is a big reason behind their successes.

4. Social Connections

A big asset that the wealthy have is their relationships. They are pros at socializing because they know that you never know how the person they just met may impact their lives down the road.

Making time for people and doing them favors help to build connections that could potentially help to advance your own career some day. Plus, spending time with other successful, like-minded people is a great way to stay motivated and get inspired.

5. Passion

Passion is that thing that the wealthy possess that pushes them toward believing in the impossible. It is the drive and love of what they do that make them the best at their trade, and in turn, the most financially successful. When you don’t love your job, you will likely not be as good at your job and your pay will likely reflect the quality of your work.

When you’re inspired and passionate, you will create new opportunities that generally come with great pretty great payoffs. Steve Jobs was a perfect example of this — he may have been crazy, but he was definitely passionate.

6. Intuition

The wealthy listen to their gut instincts when it comes to making decisions. Instead of rationalizing things, if something feels right, they go for it. Even if everyone tells them it won’t work, the super successful people know to follow their intuitions. This goes hand-in-hand with being fearless and not doubting yourself, which is the trait that keeps some people in mediocre, low-paying jobs.

Sure, luck may play a part for how some people gain financial success, but most people get to where they are in life as a result of hard work, dedication and gratitude for those who helped along the way. These aren’t traits with which you’re born — you can nurture them to help them grow. See what happens.

Photo credit: WENN

Share Tweet
Like Us On Facebook
Like Us On Facebook

Ashley Stetts

Ashley is a model living in NYC who shares her money saving tips on her blog, The Frugal Model. Follow her to learn how to make saving money sexy, and to enrich your life in the process.

More In Money

Strategy Laura Argintar

College Job Site Helps Students Find Jobs They Can Balance With Class

Looking for a way to battle that awkward Thanksgiving conversation about your future plans after graduation? Want to get a head start on saving up for your own place? Enter Campus Job. Campus Job is the largest online marketplace that connects students with part-time jobs and internships. It’s live at every single college and grad school […]

Strategy Samantha O'Connor

5 Types Of Professional Bridges We All Eventually Burn Throughout Our Careers

What do 20-something interns, 30-something associates and 40-something CEOs have in common? They’ve all made a few enemies and burned a professional bridge or two along the way while climbing the corporate ladder. That’s right; despite what your conscience tells you, you’re not the only one with a professional rival. It’s something that’s not usually broadcast […]

Strategy Jamelle Sanders

Millennial Debt Prescription: 5 Ways To Rid Yourself Of Debt

As a business coach and Millennial, I am always researching strategies to improve my financial acumen and to empower me for even greater financial freedom. Sadly, I do not meet many other Millennials who share this belief or concern. Research shows that more Millennials are taking steps to secure their financial futures. However, what we […]

Strategy Joshua Fechter

10 Ways To Get Your Dream Job At A Top Tech Company

We all want an amazing career, but wanting something isn’t always enough to get it. And if that something is a job at a top tech company, your life just got a whole lot harder. Even though just getting an interview at a top technology company is extremely hard, there are ways to make it […]

Money John Haltiwanger

3 Amazing Ways Elon Musk Is Exactly Like The Real Life Tony Stark

Elon Musk, the CEO of Tesla Motors and SpaceX, is a dreamer, businessman, engineer, adventurer, inventor and innovator. His ambitious are boundless, literally spanning across the galaxy and perhaps even beyond. He is the real life Tony Stark, developing technologies that most of us believed could only exist in science fiction. Musk not only wants […]

Also On Elite


5 Ways Drake Can Make His 28th Year His Most Successful Yet

I’m only 27 and I’m only getting better. Aubrey Graham, aka Drake, rapped in his summer smash single, “0 to 100 / The Catch Up,” which has ruled hip-hop playlists and club nights since its release in June. It’s true: Drizzy Drake’s 27th year may have been his most successful to date if you take a […]


Town Holds ‘Cash Mob’ To Help Out Struggling Small Business Owner (Video)

New Yorkers take their local stores seriously — be it the corner bodega in Brooklyn or the local gift shop in Long Island, we’re all weirdly devoted to our go-to stores. For the residents of Levittown, Long Island, Center Lane Stationary is the store of choice. Owned and operated for 10 years by Avi Gandhi, the shop came to […]


Childhood Restored: ‘Care Bears’ Is Coming to Netflix

Netflix is continuing its path of restoring the greatness of our childhoods. First, they decided to reboot “The Magic School Bus.” Then, they gave Adam Sandler a four-picture deal. And now, they’ve announced they’ll produce a new “Care Bears” series. The series will be called “Care Bears and Cousins,” and could air as early as […]

Start Ups

5 All-Star Startups You Need To Keep Your Eyes On

The world of start-up companies symbolizes a new shape to the existing business model. Startups are unconventional, unrefined and unorthodox. They’re not afraid to shake up the status quo, to dance between what works and what doesn’t, to rattle the box completely, to flip the working world uncomfortably onto its head. Startups are the reason […]


7 Ways To Succeed At Something You Know Nothing About

I often find myself landing jobs and opportunities for which I am not entirely qualified, based solely on experience. I don’t lie on my résumé, or claim to have experience I don’t, but I’m constantly being offered opportunities that sometimes have me thinking, “Who, me? Are you sure?” I then promptly bust my ass and do […]