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Published Feb 1, 2023

The 3 HABITS That Made Me A MILLIONAIRE (Adopt These In 2023) | Graham Stephan & Lewis Howes

Graham Stephan reveals the three core habits that transformed him into a millionaire, discussing wealth-building strategies, overcoming mental barriers, and future financial trends including AI, cryptocurrencies, and NFTs.
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  • Breaking Barriers

    Graham Stephan shares his journey of breaking through financial barriers and overcoming self-doubt. He recalls how selling his first house at 19 and buying a Lotus Elise helped him network with successful individuals, despite initially spending all his commission on the car 1. Graham also discusses his initial lack of courage to pursue motivational speaking due to not feeling credible without visible signs of success 2.

    I felt I needed either a million dollars, a Lamborghini, like something a show of success, because back then that's what you had to do on YouTube.

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    These experiences highlight the importance of taking risks and leveraging opportunities to build confidence.

       

    Self-Belief

    Self-belief and confidence play crucial roles in achieving financial and personal goals. Graham emphasizes the need to start creating content or pursuing passions even without feeling fully prepared 3. He credits his mentors, like Jason Oppenheim, for teaching him valuable skills and providing guidance that continues to pay dividends today 4.

    You just got to do it. It got to a point for me where I guess the intuition of, like, I want to be doing this, why am I not. Started getting to a point where I just felt, if I don't do it now, I'm never going to do it.

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    This mindset shift underscores the power of taking action and learning through experience.

       

    Quality of Life

    Graham's decision to move from Los Angeles to Las Vegas significantly improved his quality of life. He found that the lower cost of living, better community, and larger living space in Vegas outweighed the benefits of staying in LA 5. Despite missing some aspects of LA, like the diverse perspectives and entrepreneurial spirit, he appreciates the friendly and supportive environment in Vegas 6.

    The quality of life there was so much better. The house was way less expensive, way bigger, twice the square footage.

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    This move allowed him to focus more on his passions and work-life balance.

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