5 Uncommon Habits of 5 Famous Entrepreneurs 91

richard branson - habits of successful entrepreneurs

I’ve always been absolutely sure that you need to do things differently if you’re tired of getting average results.

And the successful entrepreneurs of today are the living proof for that. Each has at least a few unique things that would make him sound crazy if his success wasn’t obvious.

Check out 5 such habits of 5 famous figures in the business world.

1. Jack Dorsey (CEO of Square and Founder of Twitter)

“Success is never accidental.”

Uncommon habit: Working hard on one area at a time.

He has an 8-hour shift in the first company, followed by another 8 hours in the other.

But what he does differently (other than sleeping less than the average person) is that he’s focused on one particular side of the job every day. That lets him concentrate solely on one activity and don’t get distracted.

Be it management, marketing or meeting with partners, he forgets anything else and thus achieves great results in a certain niche, and helps both companies grow.

Related: 6 Lessons from Jack Dorsey on Hard Work and Startups

2. Mark Zuckerberg (Founder and CEO of Facebook)

“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.”

Uncommon habit: Wear the same thing every day.

Believe it or not, he does that and is so happy with that decision of his. It simplifies things, he doesn’t have to make a choice that people struggle with daily and can thus focus more on turning his creative ideas into successful businesses.

It’s one thing less to think about in the morning, or every time you go out. So he made an automated decision and thus saved time and worries.

He’s busy, he’s doing important stuff. And clothes are just a distraction. People often spend too much time thinking about that, or choosing what to buy, or discussing other people’s clothes and appearance, etc. He prefers to skip that and be productive instead.

I think everyone can benefit from something like that. It doesn’t have to be the same thing every day, but get rid of the clothes you don’t wear often and instead simplify your life by having a limited choice.

Steve Jobs was always wearing black. That too is a great option. And it never goes out of style.

Related: Lessons We Can Learn from Mark Zuckerberg

3. Richard Branson (Founder of Virgin Group)

“For a successful entrepreneur it can mean extreme wealth. But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.”

Uncommon habit: Get out there and be part of the process.

He really is a breath of fresh air in the industry, and quite different from the average entrepreneur.

He’s open-minded, has fun doing his job, and has public presence like no one else. His personal brand is one of the strongest out there simply because he cares about his employees and customers, and shows it by talking to them, asking for their opinion, and spending time with them whenever he has the chance, just like a regular person.

He may be in control of around 400 companies, but to this day he cares about his business as much as he did when he was a small business owner. And that makes all the difference.

4. Donald Trump

“Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.”

Uncommon habit: Sleep less.

I’ve realized a long time ago that most people sleep more than they need to.

But if we lead a healthy lifestyle, and sleep well, we need just a few hours of rest to refuel and can be up and running before dawn even if we went to bed late.

That’s how most successful entrepreneurs do it. And it’s not just in today’s world. People like Benjamin Franklin, Winston Churchill, Nikola Tesla and Thomas Edison also slept just a few hours per night.

This way they had more time in a day. But their motivation was their work. They wanted to sleep less in order to work harder on what they believed in.

One such example is Donald Trump. But he’s a hustler to the point where he does it because he doesn’t want to be left behind.

It’s true that competition never sleeps. And in order to get ahead of others, you need to be working while they are sleeping.

Related: The Sleep Patterns of 21 Highly Successful and Productive People

5. Tim Ferriss

“I value self-discipline, but creating systems that make it next to impossible to misbehave is more reliable than self-control.”

Uncommon habit: Hang.

He literally hangs, as a part of his morning routine which I’ve outlined in this post.

It’s good for the spine and is a great way to stretch during breaks while working. It helps with productivity too.

I hope these 5 examples will remind you of how important it is to try new things, find out what works best for you, and seek uncommon solutions to existing problems.

What other uncommon habits like that have you tried or heard of? And what famous entrepreneur do you admire and why?

See also:

A Day in The Life of a CEO
10 Timeless Lessons from Tim Ferriss
5 Best Podcasts for Entrepreneurs

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Should You Buy an Ecommerce Business? 10

Should You Buy an Ecommerce Business?

If you have the funds to make an investment, but you are not sure which is the best option, a good idea would be investing in an ecommerce business. They represent the businesses of the future, and it is already a known fact that they are very profitable.

With an online business you can choose to build it yourself, but that is not what we are recommending. In our opinion, buying an ecommerce business comes with more advantages and in this article we will talk about some of them.

You won’t have to deal with the tough work.

The first days are the hardest when you decide to start a business by yourself.

First of all, you have to decide exactly what kind of products you want to sell and then find the suppliers for them. You need to create a quality customer service, come up with marketing strategies, develop the site, SEO, and many other things.

But when you buy an online business you won’t have to deal with any of these. A business that has been around for a while already has all these things and this means that you won’t have to deal with them. However, you should make sure that you do a little bit the research before you buy the site. You need to make sure that everything matches your requirements.

Successful business model.

Quitting While You're Ahead! Understanding the Limits of Natural Business Growth

When you are just getting started it is hard to tell whether your business will make it or not.

In some cases, it might even be complicated to come up with a strategy that will sell your products. Nevertheless, this problem does not occur when you are buying an online business.

In this situation, you already know that the business existed for a few years, which means that it generates enough revenue. It also means that the traffic and customers are established already so there is almost no risk.

However, before you buy a website you will need to make sure that the financials are accurate.

You can choose to buy a business from an online marketplace such as Exchange by Shopify. This way, data such as traffic and financial reports will be delivered by the platform, not the seller, so you will know for sure that they are 100% real.

Cross-sell potential.

If you already own an ecommerce business it might be a good move to buy another one. By getting another one you will gain access to additional customers, email addresses and traffic, which could be really helpful for you.

If you analyze the metrics of the business a bit you will be able to tell how to cross-sell existing products. Tools like shopping cart data and Google Analytics should help you determine customer behavior, including the returning rate and how many items per order are there.

Cross promotion between email lists could be a great marketing tool if it is used correctly, and even using “competitive” discount could be a way to make customers move between the two businesses.