10 Critical Mistakes Millionaires Don’t Make Twice

In this article, you will know the 10 mistakes that a millionaire does not make 2 times so that you can avoid them at once.

Of all the things we learn there are some lessons that stay with us forever. In general, when life shows us the difficult way, we internalize what we have learned more and avoid making the same mistakes over and over again.

Dr. Henry Cloud, Ph.D. in clinical psychology and best-selling author “Limits: When to Say Yes and When to Say No to Take Control of Your Life,” has studied successful people and found that there is one characteristic that separates them from the rest: They are not afraid to make mistakes because they learn from them.

Making mistakes is natural, but it is the successful ones who effectively learn the lesson and leverage their success in never repeating the same mistakes.

10 mistakes that a millionaire does not make 2 times.

1. They never do something that didn’t work again.

If things fail it’s for some reason, and if those reasons don’t change, why did they start working now?

The clearest example is those couples that separate and comes back again and again, and again, and again. Something is wrong!

Before trying again, Dr. Cloud invites us to ask ourselves the following questions:

  • Am I different now for this to work?
  • Has the other person changed so that it now works?
  • Is the situation considerably different so that everything goes well this time?

2. They never do anything against themselves again.

Eric Thomas talks about the importance of our actions being aligned with our values; since only then can we persist in our activities.

Dr. Cloud has a similar position: “If you have to be someone else to get something, don’t do it… In my experience, people who are doing things right never think that they must be someone else to get what they want. “

3. They never try to change another person again.

Sometimes we make the mistake of wanting to change people.

We may have the best intention but the freedom that we give them to realize what they are doing wrong; it will also be our freedom.

Dr. Cloud says that we can take a horse to where the water is, but we cannot force it to take.

We must show him the water, show him how refreshing it is. When he’s dehydrated, let’s tell him to drink; but let’s understand that we cannot force it to drink it.

That is something you will only do when you really want to. Of the mistakes that a millionaire does not make, this is one of the most important.

4. They never believe again that they can please everyone.

In the search to fulfill our purpose, there will be dissatisfied people; that is unavoidable.

The important thing is that that cannot deviate from our goal, and for that, we must understand that we must only please the right people.

5. They never again choose short-term comfort over long-term benefits.

Achieving goals requires sacrifices, and the difficulties we face will always be worth it; because we do it for a greater good.

“Successful people will take the short, limited, and painful steps required to get what they want. The failed ones no”.

6. They never trust something or someone wholly again.

Excellence dazzles us but in an imperfect world.

7. They never take their eyes off the big picture again.

Of the mistakes that a millionaire does not make 2 times, this is the most important.

The whole will always be more important than a small part. Successful people know that they cannot give it all up for a small event or situation; since reaching the final goal requires all the necessary energy.

Having an objective vision gives us enough perspective to understand that small defeats are not the end, and that small victories are just one more step; in this way, we perform better on a physical level and improve our emotional intelligence.

8. They never neglect “due diligence” again.

For Dr. Cloud, due diligence is a practice where we confirm that what we are receiving is indeed what we think we are going to receive.

He refers to not taking things for granted as we must see them for ourselves. Part of “due diligence” is being able to make decisions considering the following:

  • Ready: Know ourselves and our weaknesses.
  • Note: We recognize our goals and see them clearly.
  • Fire: We understand that we can “pull the trigger” and make the decision.

9. They never stop wondering why they are where they are.

Successful people keep constant track of their performance; both in his life as a professional.

This allows them to understand that their current position is not the result of what is happening around them, but the result of what they have done so far.

10. They never forget that success occurs within them.

“Our invisible life produces our visible life,” says Dr. Cloud.

What we inside produce our outside world, because it is we who shape our reality; It is not external agents that shape us.

As a bonus, when you know mistakes that millionaires don’t make twice,

I believe it is even better to know how they think.

How to think like millionaires

If you take a quick look at the most successful entrepreneurs and millionaires you will see that there is not much in common between them. However, we can learn how to think like millionaires.

Think for example of Amancio Ortega (Zara), Larry Page (Google) and Oprah Winfrey (Harpo). Each one went through completely different paths.

However, there is a big “but”. While their path and behaviors are characteristic of each one; his thoughts are similar.

A study by Saras D Sarasvathy, at the business school at the University of Virginia, shows that those entrepreneurs who have successfully created two or more companies typically follow the same patterns; that while they worked for them, they can work for you.

How to think like millionaires.

1. They really want to do what they are doing.

If you do not have enough desire, you will never give your best, you will surrender to the first obstacle and when you see that you did not get results you will never try something new.

2. They start with baby steps.

Starting something new is risky. You don’t want to take big steps too fast. Everything you have probably read about entrepreneurs makes you think they love risk, however, nothing is further from reality.

They take small steps, but they take them constantly. You cannot imagine everything you advance by taking small steps. The important thing is to start giving them, maybe at some point you do it in the wrong direction, but you can always correct the way.

This does not mean that you should not take risks, it means that you must know how to do it.

3. After taking small steps, they re-evaluate based on what they have learned.

Perhaps they confirmed that their initial goal was definitely a good one. Perhaps the market taught them that they should take another direction. Perhaps they concluded that they did not have enough desire. At this point, after taking those small steps, it is time to stop and consider what has happened.

4. After understanding what happened, they continue to take small steps.

This becomes a cycle. In short, the formula for success is finding what you really want to do, and when you know it, act, learn, build and repeat.


Making mistakes is not only normal, but it is also actually fine. Since learning, they leave behind is more lasting and significant.

The secret is to constantly analyze where our actions have taken us; It was like that not to do it again.

I hope this list of the 10 mistakes that a millionaire does not make 2 times will be of great help to you.

Mistakes Millionaires Don’t Make Twice