You must have heard the statement that you’re not born rich, you’re becoming rich. It really is. If you look at all the famous millionaires, you can see how they succeeded. They’ve been helped by certain habits.
Wealth does not come by itself. To achieve it, you need to work on yourself and surround yourself with decent people. According to Fidelity Investments, about 80% of the owners of a million-dollar fortune earned it themselves, not from rich parents. The millionaires’ strong desire and serious self-discipline helped them to reach the top. And also simple daily rules.
Famous sociologist from the U.S., author of the book “Rich Habits”, Thomas Corley spent several years to highlight the features of the lifestyle of the famous and successful. He believes that each of us has some habits that lead to poverty. At the same time, he is able to develop skills that will help us get rich. Closer to success is possible only by following the life attitudes of financially independent individuals. Corley made a list of 20 rules that help you make money. You can take advantage of them, too.
- Say “no” firmly
It’s very important to learn how to say no properly. Adverse proposals come in all the time. They only take away valuable time, nerves and, of course, money. It is necessary to firmly reject unplanned parties, uninteresting events and obviously failed business proposals. Say “no” with confidence and clarity. People who appreciate and respect you will not be offended by rejection. They’ll support your choice if you explain your position to them. This skill will change your life. It’ll save money. It will free your conscience from unnecessary obligations and time for really important activities: the necessary rest, self-development, conquering new career heights.
- Love what you do
All top business people are driven by love. Love for their business, colleagues, clients, relatives, friends, the other half. The love of life. It can safely be called “fuel” for success. It’s what helps save the present and build a better future. With her, it is much easier to overcome difficulties and move upwards. According to Thomas Corley, 86% of entrepreneurs who sincerely loved their business were able to earn at least $3.6 million.
The only rule is that you cannot love money more than anything else in the world. The line between serious ambition and outright greed is very thin. Do not cross it and do not become a slippery slob that shakes for every penny. Yeah, maybe that’s how it’s gonna grow, but you’re not gonna be happier. Big money can destroy an identity. Entrepreneur Jim Ron said..: “When a person knows about economics but doesn’t know about happiness, it’s sad.”
- Don’t be afraid of misses
It’s impossible to achieve success without making a mistake. So don’t be afraid of making mistakes. You’re not at school, and no one will give you grades. Lapses say that you are developing, learning new things and understand how not to act. All experienced businessmen have made many mistakes before they reached heights. They’re sure it’s the misses that help you find the right path to the top. Therefore, the ability to learn from their failures is one of the most important qualities of financially independent people.
- Don’t make excuses
A materially dependent person tends to blame anyone but himself for failures. He’s always looking for excuses. We need to get rid of this manner. Successful people know that they are responsible for everything that happens in their personal and professional lives. They don’t believe in destiny and predestination. They do not justify themselves or look for reasons around them, do not complain, do not blame others. Businessmen from the first hundred Forbes rely only on themselves and control their own destiny. Believing in their own strength and being able to take responsibility for their decisions, victories and defeats help to achieve success.
- Take your time
On the average it takes entrepreneurs 10-20 years to realize their ambitions. But it is only a reference point, not a ready template. There is no standard – at what age you should become successful. Each success story is individual. To qualitatively do the business, it is necessary to gain skills, knowledge, to fill up bumps and to find own ideal recipe. Take your time, but don’t stop moving forward.
Always ask the right questions. It’s a very useful skill. If you don’t know something, you don’t understand it, don’t be afraid to ask. Strive every day to learn something new, to clarify, to adopt someone’s useful experience. That way you will know much more than those who are afraid to seem inexperienced.
- Write down ten thoughts every day
Make the brain work all the time, generate fresh ideas. At first, it might seem like you can’t even come up with one. Write down what you get. But then you’ll get involved and the process will go easier. Give that brainstorming time every day and you’ll notice great results. Your mind will start working faster, and you won’t forget anything for sure. The more interesting thoughts you come up with, the higher the chance that one of them will be the first step towards great success.
- Every day, do a little more than yesterday
If you improve your performance by about 1% every next day, you will achieve visible results after some time. After all, you’ll get as much as 3800% efficiency per year. And you’ll develop your self-discipline. This pattern works in study, work, business and sports. According to the data Corley collected, 81% of successful people always try to do a little more than they thought.
- Get up early
Super successful entrepreneurs start their day very early. Fans of the early rises are Bill Gates, Tim Cook, Richard Branson and many others. About 44% of rich people wake up three hours before their day. And only 3% of people dissatisfied with their material well-being are early birds. Time before work can be devoted to yourself: reading, training, learning new information and tune in for a productive day.
- Read, not watch TV
Education and new knowledge are very important for enterprising people. They prefer books to watch talk shows and soap operas. Approximately 67% of Corley business people surveyed spend less than an hour a day on TV. And 88% of them dedicate at least half an hour to books. It’s primarily about applied literature and nonfiction, not about novels. From serious publications one can get interesting thoughts, fresh ideas and experience of specialists. Thanks to this, you will have a better understanding of your field and in general will become more erudite.
- Eat slower
Rich people allow themselves to spend a little more time on lunch because they know that the brain and body need to be given a break. Working without breaks is inefficient. So stop eating on the run. Allow yourself to enjoy a full meal with a clear conscience.
- Keep a healthy spirit in a healthy body
Training, proper nutrition and health care are essential to success. Even in a very busy schedule, 76% of successful entrepreneurs find time for 4 hikes per week in the gym. And 57% always keep an eye on nutrition.
- Plan your business
To stay focused and not forget anything, it is worth making a list for a day, a week, a month. If you want to achieve something, write it down. Just make the task clear. Instead of “I want to get rich,” write “I want to make so much money in a month.” And already, on the basis of the goal, plan small steps to achieve it. Besides, when the day is signed, you won’t miss a single important thing. And your brain, instead of memorizing all the routine tasks, can spend resources on something important. Statistically, 67% of those surveyed do at least 70% of all planned work. They are sure to solve at least 7 out of 10 questions during the day.
- Invest wisely
Financial literacy is the basis for success. It’s not enough just to make a lot of money, she has to dispose of it properly. You need to be able to save and invest, to use various financial instruments. If you do not understand this, you can lose a lot of money. Rash spending often leads to financial collapse. Successful businessmen know how the market works and how easy it is to increase profits. They wisely manage assets and liabilities, constantly investing. They save where they can. They also necessarily save a certain part of their profits in a special reserve fund.
- Get your head around it
To become not only rich, but also happy, it is important to find a case to your liking and fully immerse yourself in it. It’s impossible to become truly successful in something you don’t like. That’s what Steve Jobs thought. And that’s what a lot of other millionaires think. 86% of them admit to loving what they do. It helps them grow faster and work more productively. You want to learn more about your chosen direction, meet new people and work on yourself.
- Don’t waste money
When you’re really successful, you don’t have to prove it to anyone. And reasonable savings can help you increase your capital. As Thomas Corley found out, 95% of outstanding entrepreneurs save 20% of their income. They drive inexpensive cars, fly regular airlines and do not buy the latest smartphone to just boast of wealth.
The positive effect of meditation on physical and psychological health has long been proven. It strengthens the immune system, improves memory, helps fight stress and becomes more focused. Meditation is a favorite way for Twitter director Jack Dorsey, famous media personality Oprah Winfrey and other financially successful people to relax.
- Create the right circle of communication
Avoiding loneliness, people often spin in inappropriate surroundings. However, this is not the right approach. When making certain demands on yourself, you must be no less demanding of those around you. It is only worth communicating with those who promote your development. Surround yourself with intelligent, successful, established personalities. Look for those from whom you can learn something, adopt something. If there are optimistic people around you, you will have more faith in the result yourself. You’ll be inspired, you’ll generate good ideas. And you’ll stop complaining by learning to rely on your strength. Having decent teachers and faithful friends is very important for success. That’s confirmed by 68% of the rich. And 93% are sure that it wouldn’t be possible to get rich if it weren’t for their mentors and partners.
- Don’t get emotional
Don’t let your brain shut down, and emotions dominate your mind. Strong feelings, no matter positive or negative, prevent you from making informed decisions. Difficult choices must be made by weighing all the pros and cons. All the more so in a difficult period for business.
- Do not get into debt
Experienced businessmen do not like to take loans or just borrow. Spending other people’s money or generally spending on nonsense is not a good idea, they think. To get rich, you must always understand what you can afford. And you don’t have to buy something you can’t afford. Forbes list leaders are trying to analyze their resources and prices to buy what they really need. Reasonable savings are completely independent of income levels. Both an ordinary office worker and a millionaire need it.
By applying these rules in work and everyday life, you can achieve more.