7 Habits of Highly Successful People 53

7 Habits of Highly Successful People

This is a guest post by Rohan Bhardwaj, a Physics graduate. He loves to observe, learn and teach. Check out his freebie “Upgrade your Morning Routine” over at his blog.

We want more success in love, career and money. We want a path which we can follow that will lead to the ultimate success.

The truth is everyone has their own vision and the success road is different for each of us. Yes, there are some guidelines and systems we can follow. Ultimately, we need to tweak it little according to us and then apply it.

Will it guarantee the greater good?

NO…

It will lay the path for you, something which has been proven by many highly successful people. Today we will dissect the habits of successful people. Learn from it and do something awesome.

As with any information out there, it all sounds good and you will nod your head in agreement. But if you are not willing to give it the honest attitude to take action, then everything will be in vain.

Take the leap of faith and take action.

What Highly Successful People Do Differently

1. Rise early.

In the morning our mind doesn’t have hundreds of things going on. It is calm, focused and most creative. You can do more work from the early morning till breakfast than you can do afterwards.

Pat Flynn – an entrepreneur who has seen immense success in his online venture – admits he uses productivity tools. That includes an app which wakes him up early in the morning.

This had led him to complete more tasks and made him free to interact with his family. Who doesn’t want a little more time with their family?

Waking up early creates a tremendous mind shift and it’s a habit all highly successful people swear by. If you have been a night owl, it’s high time you try getting up early and doing your most important work immediately after that. It’s so effective that once you try it, it is hard to get back to being a night owl.

Being able to do more in less time with quality is the best thing that can happen to a person. No wonder it accelerates our journey towards success.

What about you? Are you the one who keeps your smartphone besides your bed and avoids sleeping because of notifications?

Crush this bad habit and start a better one towards greater success.

Related: Are Early Birds More Successful Than Night Owls

2. Exercising daily.

essential habits to dominate your day

No doubt exercise is the key to a strong body. Combined with dieting, exercise uplifts you and makes you powerful in the course of time.

Highly successful people are busy with new ventures, public speaking engagements and brainstorming with team members. In addition, they have a family to look after.

It seems all natural and likely that most of the people would skip exercise. After all, there is only 24 hours in a day, right?

No.

Contrary to our belief, entrepreneurs make sure that they indulge in regular exercise. When your body and mind are fit, you can accomplish many things.

Highly successful people don’t see exercise as a time-waster like normal people do. They see it as something that provides a competitive edge, helps with work-life balance.

If you are not doing your daily exercise, it is time you start. You don’t have to do 100 reps of squats. Start with something small and stick with it. Forming a habit is very important. Everything else falls into place.

Something like:

  1. 5 Push ups
  2. 10 Sit ups
  3. 5 crunches

Over time, as you become comfortable doing these, you can go for higher reps. There are some side-effects like people noticing and complimenting you. I hope you are okay with that.

Related: 8 Benefits of Fitness Other Than Shaping Your Body

3. Outsourcing work.

We feel we are invincible and capable of doing things like Superman. When we start something, we feel the work is our baby and we won’t let anyone else touch it.

Soon after we realize we won’t be able to complete our task and the end result isn’t something we are proud of. Also, we get more tired in the process.

It should be worth it, right?

No.

And highly successful people know that they are not best in every field. They are leaders and it’s in their best interest to share/outsource the work, if necessary.

This way you free some time to do work in which you have the skills and vision. Everything else can be handled by others. Sharing responsibilities will accelerate your success.

Outsourcing parts of your business makes it more powerful. When things start to fall off and you find yourself juggling between many things to do, it’s a sign for you to begin outsourcing.

Some tasks to consider outsourcing:

  1. Maintaining records of clients.
  2. Managing emails – hire a virtual assistant.
  3. Complaint/feedback department.

You can either fail miserably trying to do everything, or be smart and succeed while doing the best you can do. What’s it going to be?

4. Avoiding team meetings.

improve networking skills

This might come as a surprise to many of you. A team meeting is something you thought is an essential core-building exercise, right?

That’s not the case anymore. We live in the era where people want to work smarter not harder.

Team meetings that happen daily, are 1-hour long and with a specific purpose, go nowhere. Go back to last week and see how many meetings you attended.

Consider this, if you were absent for the meeting, would something impactful happen? Chances are, it won’t.

Most of the meetings happen to share the information or display revenue or work performance. Many of the employees don’t  even pay attention. It doesn’t bother them.

An executive speaks and feels happy about it. Most of the times, the information shared in the room could have been shared via email and it wouldn’t matter to 80% of the attendees.

If you think meetings are necessary and a must-have for your growth, then Seth Godin has excellent advice on how to do it effectively. Go through it and cut down the unnecessary, time-wasting, everyday 1 hour long meetings.

5. Planning 2 weeks in advance.

Planning is the key to success. It builds a habit of doing things in a predetermined manner. It helps accelerate the process, instead of thinking what to do next.

Start by planning 2 days before what you would do over the weekend. And then stick with it, doesn’t matter what happens, you stick to the plan and execute it. By doing this you will develop a sense of planning and executing it 100 percent.

Do this with every venture, be it an event, meeting or your finance. Planning is the key, do it and if you think you can do better, then make some changes.

If you think you will fail, let it be. Let this failure guide you, help you learn and grow and make future plans more rigid and solid.

Rely on trial and error, then repeat – this is the success mantra which will take you to heights you never imagined, success you never experienced and goals which you only dreamed of.

Related: How to Create a Personal Development Plan

6. Networking with people.

look people in the eys to stop being shy

If there is one thing which will skyrocket your business, career or relationship, it’s networking.

It doesn’t mean just talking to or stalking people. It means providing value to influential and highly successful people and then asking for advice. Once they start with little help, showcase what you can do and where you are stuck, they will guide you.

Sometimes their advice as a mentor is much more valuable than your current salary. It can impact your business and turn it around, it can take your relationship to another level.

You may have the best skills and know the most important principles of the game, but it won’t matter if you are stuck with a less influential person negotiating the salary.

How to network with people?

The basic idea is to talk politely and provide value along the way to any person you come across, as you never know who might help you.

The advanced version, if you want to improve networking skills over time, is to find influential people in your industry and their contact preferences. Add value by doing analysis or using their products and sharing the success. Ultimately, down the road, ask them for casual advice.

If you do everything well, you will get yourself a mentor in the long-term. This goes a long way in life. A great mentor can help you turn your whole life around. Get one now.

7. Avoiding decision fatigue.

When we spend our time making decisions that can be automated, we get “decision fatigue”.

James Clear explains how we can use systems and shift our routine to avoid decision fatigue or to combat it. You can devote your day time to the most important things and carry on with your other tasks.

If you end up making decisions too often and get overwhelmed, stop. Take some sleep, eat something and then…only then make the decision which matters the most – in your life, career or otherwise.

Everyone experiences decision fatigue. How you plan your day and tackle it makes all the difference and helps highly successful people become who they are today.

You will get more work done this way and get better at decision making, which has a  huge impact on every other area of your life. Even if you think you always make bad decision, this little habit can change this.

These habits are what made great people who they are, those who left a mark in the world and are crushing success.

Take these practices and incorporate them in your life. Each will help you achieve more and be more.

What will you start with today to be more like the highly successful people we all admire?

Featured Image: by C. C. Chapman

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What the Richest People in the World Have in Common 6

What the Richest People in the World Have in Common

Getting rich is something everyone dreams about.

For those facing financial hardships, getting rich seems the only way out to tide over shortage of money. For the bourgeoisie – the working class – getting rich conjures up visions of stuff they want to buy for luxury or higher social status. Millionaires also wish to get rich: they want to become billionaires and enter Forbes List of the world’s wealthiest people.

Unless you inherit a fortune or get lucky at lottery or sweepstakes, getting rich can be quite tough.

Yet, there are countless rags-to-riches stories around the world. Enterprises such as Amazon, KFC, Facebook or SpaceX have become runaway successes within a short span. The reason: their founders have several things in common, which is rare among other people.

Here we look at various traits that the world’s richest and most successful entrepreneurs have in common.

The Common Traits of The World’s Richest People

The Common Traits of The World's Richest People

1. Serving People.

“If your only goal is to become rich, you will never achieve it,” said John D. Rockefeller, who laid the foundation stone for America’s giant petroleum industry and his own enterprise, Standard Oil. The same adage holds good today.

Facebook, for example, was launched by Mark Zuckerberg and his roommate, Eduardo Saverin to allow Harvard University students to share profiles and pictures

There are countless such examples of ordinary people striking rich. However, they share one thing in common: serving people. The main objective of launching these enterprises was to make life easier or enjoyable for people rather than earning money.

2. Reading Books.

Microsoft founder Bill Gates, celebrity TV show host Oprah Winfrey, SpaceX and Tesla CEO Elon Musk, Berkshire-Hathaway CEO Warren Buffet and several other extremely rich people of the world have one more thing in common: they are avid readers.

Bill Gates reads at least 50 books every year – an average of nearly four and a half books per month.

Elon Musk owes his success at SpaceX, the project to open space tourism to his love for books and the knowledge he gained from them about rocketry. Oprah Winfrey attributes her success to dozens of books, including some 70 top titles she read on her way to success while Warren Buffet spends about 80 percent of his day reading books.

3. Long-Term Financial Strategies.

A report by CNBC states, all wealthy people depend upon long-term financial strategies rather than short-term gains. They utilized their earnings and savings to invest in safe stocks that would assure gains in the long run rather than indulging in risky trading that can offer high returns.

Such financial planning and decisions ensured they do not lose money. Further, they invested money in their enterprises without the hope of immediate returns.

These wealthy people first focused on building a brand, offering value for people to identify with the brand. And later, popularize the brand through word-of-mouth publicity, which is more effective than traditional advertising.

4. Never Say Die.

Yet another common character trait shared by the world’s richest people is, they are not quitters.

Like every other human on Earth, these wealthy folks also witnessed ups and downs in life. Some of these were so overwhelming most ordinary people would have called it quits and gone in search of easier ventures.

Brian Chesky, Joe Gebbia and Nathan Bleckharczyk, founders of Airbnb, the world’s largest hotels and accommodations aggregator were plagued with financial problems.

 

Heavily encumbered with debts, bankruptcy was staring at these entrepreneurs in the very eye. Yet, they did not budge. They innovated their service that made Airbnb the world leader in its field today.

Another excellent example is Colonel Harland Sanders, whose recipe for fried chicken was rejected as many as 1,009 times before it was accepted. Col. Sanders is the founder of global chain Kentucky Fried Chicken or KFC.

5. Accepting Criticism.

Most people flee from criticism of any sort. Rather than learning from negative comments arising out of their behavior or work, they take umbrage rather quickly. Yet, they do not bother to amend their behavior or work pattern.

All wealthy people, however, are different. They are willing to be criticized for introducing new ideas or thoughts.

Jeff Bezos, founder of Amazon, rightly says that those who will try and do something new must be willing to draw criticism.

Steve Jobs, founder, Apple, Inc. puts it in even stronger words: “If you want to make everyone happy, do not become a leader; sell ice cream instead.”

The success of Amazon and Apple proves their founders were right when it came to accepting criticism.

6. Out of The Box Thinking.

how regular life looks like and why it won't make you happy

Thinking outside of the ‘box’ or a typical mindset is often impossible for most people. Understandably, because everyone draws their mindset from factors and circumstances they are raised and educated in.

This mindset eventually becomes a formidable fetter for anyone wanting to become an entrepreneur. Generally, most people follow the flock and take professions they falsely believe as best suited for their skills. Others try to follow footsteps of their parents.

The wealthiest people in the world never followed flock or took lucrative professions of their parents.

Mark Zuckerberg’s father was a dentist and mom – a psychiatrist. Bill Gates’ dad was a banker father while his mother was a lawyer.

Despite coming from wealthy families, they chose to follow their passion rather than confine their thinking to the proverbial boxed mindset. Col. Sanders had lost his parents at a young age of six years and had to shoulder responsibilities of his siblings.

Other Examples of What The Wealthiest People Have in Common

As we can see, these qualities or personality traits are common to the world’s richest people. It sets them apart from others. Most of them launched small enterprises with the sole purpose of bettering the lives of people. Their products or services gained popularity because money was never their consideration. Widespread use of their technology, products, and services eventually led them to become wealthy.

These traits are not typical to the US or the western world, as one may mistakenly come to believe. A glance at some richest people in India and elsewhere also reveals, they share the same characteristics with their American counterparts. This amply proves that richest people around the world share something in common, regardless of where they live and flourish.

Another common trait that all rich people share in common is philanthropy.

Since childhood, they believe in giving back to the society and helping the underprivileged. They practiced charity when they were not so rich and continue to donate money for the betterment of the society even after becoming billionaires.

These richest people on the planet never waited to become wealthy. Instead, they were philanthropists since childhood – a trait most other people pathetically lack or try to foist upon themselves to gain popularity.

In Conclusion

It is not easy to become wealthy. Or everyone would become a millionaire. People who do make it to the top have a different way of thinking combined with an undying zest for learning new things and educating themselves.

They do not consider conventional learning at universities as the end of their education. Instead, they try and acquire new skills every day and find ways and means to become better humans rather than focusing on fattening their purses.

The world’s wealthiest people also share one common trait: they are not people pleasers, despite their generosity and willingness to serve the society. Because they know, trying to please everyone will get them nowhere and could mean possible failure.