Millionaires take personal responsibility, practice intentionality, are goal-oriented, and work hard, according to Hogan. While those are qualities of many individuals, regardless of net worth, millionaires recognize none of these traits work together without consistency, he said.
"You can take responsibility, you can be intentional, you can set goals, and you can work hard," he wrote. "But, if you don't do these things repeatedly — year after year, decade after decade — then you'll never get the results you want."
Millionaires, he added, "know from experience that wealth-building is a long-term frame, and they've seen that sticking to the plan over decades leads to millions at retirement."