10 Principles Of Billionaires You Should Adopt In Order To Succeed

Nov 08, 2018 by apost team

Most billionaires will agree that a major reason for their success is that money was never their main motive. This sentiment was once expressed directly by Oprah Winfrey.

Mark Zuckerberg has been on record saying his mission was to change the world. The mission of Elon Musk is to build Mars' first colony.

Order is always superior to chaos. The goals you set should be specific. Also, all the moving parts in your life should work toward the achievement of the goal. A person that enjoys baking should not think in terms of baking more to gain money.

The goal should be to open a bakery that will sell their baked goods. Likewise, a singer should not aspire to travel the world singing. A goal would be to make $20,000 per tour date.

apost.com

Questions to ask when building on the example above are when will my tour begin? How will I travel? In what cities will I perform?

Short-term and long-term planning is a habit that will allow you to identify any potential weaknesses that need to be addressed. It will also alert you to where the majority of your attention should be focused.

Elon Musk knew that one problem with his Mars plan is the high cost of flying to Mars. He is now working to develop more efficient ways to travel to the planet.

Emotional intelligence is the ability to manage emotions. It is important to remember that management does not equal suppression. The ability to properly display appropriate emotions is crucial to success. Do not be afraid to put your true feelings and emotions on display.

When you are not in love with your business or goal, the road to success can become long and hard. Passion is necessary to achieve great success. It is not possible to fake this passion. When stuck in a job for which you feel no passion, consider it a tool you are using to reach the ultimate goal.

When purchasing items you want or think you need, ask yourself how much farther away from your goal you will be if following through with the purchase. Steve Jobs once said that the act of saving a dollar proves much more difficult than earning the dollar. Individuals obsessed with a goal will find it easy to ignore impulse purchases.

Time is perhaps your most valuable resource. You should spend it on things of value whenever possible. The goal is not to be busy every minute of every day. You should also plan recreational activities and enjoy these times. The point is to be in control of how time is spent and not to be distracted.

You will be surprised to find how much time will be saved by saying no to simple things like gossip sessions and social media.

You should also resist the time-wasting habit of beginning several tasks at once only to not complete any of them.

One person cannot be successful in every endeavor. For instance, a person desiring to sell baked goods, but is not good at baking, does not need to practice their baking skills. It would be better to leave the baking to someone else and concentrate on selling the goods once baked.

Concentrate your efforts on the things you do well. Partner with others to complete additional tasks.

The person that attempts to succeed at everything will probably only succeed at wasting time and energy.

Technology has greatly simplified our lives. Shopping can now be done online, home appliances are automated, and many modes of instant communications are available. The problem is most complications in life we cause ourselves.

You can complicate your life with the need to please others, communicating with negative people, or feeling unnecessary guilt.

We have all heard words like women belong in the kitchen, a real man does not cry, and other nonsensical stereotypes that only serve to distort our perceptions. The adherence to these stereotypes will prevent you from reaching your goals and achieving happiness.

Billionaires will readily attest that the desire to be different and stand out from the crowd is the trait that made the difference in their lives.

Most billionaires in modern times approach the concept of philanthropy as if it is a spiritual necessity. They often support the less fortunate, arts programs, medical advancements, and education.

Warren Buffett and Bill Gates partnered to begin the Giving Pledge. This campaign asks the richest people among us to give at least 50 percent of their wealth to charity. So far, the Giving Pledge has 150 participants.

Donating time, energy, or resources to others provides a piece of heart and mind that material possessions cannot duplicate.

Have you been inspired by the tips given by the billionaires? Do any of these tips resonate with you in a personal way? Send these tips to your friends and family members. The discussions you have could be the catalyst for your own plans to reach billionaire status.