# Essential Traits for Achieving Success from Crypto Millionaire Luke Belmar
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Chapter 1: The Allure of Success
Success is an enticing concept, particularly because it eludes many.
Crypto millionaire and influencer Luke Belmar has made headlines with his remarkable journey to wealth. His compelling speeches about success and financial independence have garnered him a massive following.
According to Luke, the amount of money you have is a delayed reflection of your success. If you adopt a paycheck-oriented mindset, your chances of achieving success are significantly diminished. Instead, it’s essential to cultivate your worth over time, allowing success to ultimately follow.
Many individuals create excuses that hinder their progress, claiming they lack money, opportunities, or influence. This mindset often leads to a focus on what is missing rather than recognizing what we all possess:
Time
Many individuals find themselves financially constrained due to the poor utilization of their time. A considerable amount of time is often squandered on unproductive activities, such as binge-watching sports or engaging in excessive social outings. If time is consistently invested in beneficial pursuits, success will naturally unfold. It's crucial to prioritize self-investment, as valuing our time can lead to tangible results. Though entrepreneurial journeys can be arduous and lengthy, perseverance will eventually yield positive outcomes.
The first video titled "The 3 Irreplaceable Skills to Become Rich" by Luke Belmar outlines essential skills that can pave the way to wealth. In this video, he discusses how to effectively harness time for success.
Energy
Where do you direct your time? Another key component of success is the energy or effort you expend, often referred to as labor. Elon Musk has defined money as a form of labor, suggesting that focusing our energy on productive endeavors will lead to success. Remember, success is a lagging indicator; we must consistently apply our efforts in a targeted area until we reach a tipping point for results to manifest.
Unfortunately, people often misdirect their energy toward trivial conflicts, gossip, and unresolved grievances, which detracts from their potential for success.
Attention
Attention equates to focus. When distractions arise, your chances of achieving success diminish. Warren Buffet famously stated that focus is crucial to success. Many fail to reach their goals because they spread their attention too thin across multiple projects.
Juggling various platforms, such as Medium, Substack, and YouTube, can be overwhelming, particularly for beginners. Expecting to find success in all these areas simultaneously is unrealistic. A lack of focus is akin to an army waging multiple battles at once; success becomes unattainable, much like Hitler's doomed campaigns on two fronts during World War II.
All these essential elements—time, energy, and attention—are available to us at no cost. There’s no justification for claiming that we lack the means or were born into disadvantage.
Luke emphasizes that success is a rare achievement because it demands substantial effort.
Chapter 2: Learning from the Wealthy
The second video, "11 Books That Made Me Rich" by Luke Belmar, explores transformative literature that has significantly influenced his financial success. This video provides insights into how reading can shape one's wealth-building journey.