Billionaire Tips: Change these five habits to succeed soon
Sit still and wait for the success of yourself as well as the luck of your purchase of a lottery ticket. Here are five habits you need to change that will help you become more successful. These are lessons from the best known and most successful names in business.
Take the book instead of the phone
Business partner Warren Buffett, Charlie Munger, who is the owner and vice president of Berkshire Hathaway, said he had succeeded from the habit he shared with Buffett. Charlie says that young people should spend less time on their phones and that the amount of time they should spend reading a book. Charlie said, "Throughout my life, I do not know who is smart, who does not love to read books."
Scientific studies also support Munger's advice that reading is good for you. Some studies have found that people who love to read have deep empathy, a deep sense of spirits and a higher level of consciousness than those who are less likely to read.
Make more investment
According to Mark Cuban, the billionaire owner of many businesses revealed: Savings will only help you become sufficiently fed. Want to become a millionaire requires investment and accept the risk is calculated. Investing in mutual funds can be a great way to start building wealth, because they have relatively low investment relative to other investments, and from here you can grow your wealth. his investment portfolio.
Make every effort to get out of poverty
Chieh Huang, CEO, co-founder of boxed start-up company, with annual sales of more than $ 100 million, said the most successful were the "most innocent". Huang is a person from a poor family, with a determined resolve to improve himself, he makes a difference in his career. He studied hard to graduate from John Hopkins University and, finally, started with his very successful retail company.
In interviews at his company, he asked candidates to describe their life stories to determine if they were really trying, according to Huang, when candidates describing their lifestyle were also asked. Reveal a lot about their work ethic and personality. He added: "If life is really hard, with determination and intelligence, you will not be disappointed."
Save your life according to your circumstances
According to Cuban, if you want to become rich you need to know how to live economically. Many entrepreneurs have used extreme methods to save money, and most of them have succeeded.
"I used to live with my five roommates, only to eat pasta and cheese for days, and I was extremely thrifty," Cuban said. Save money and pursue a worthy career.
Other successful people have come up with similar strategies, including Cherie and Brian Low, who paid $ 127,000 in debt in just four years.
"Every time you go to a grocery store, you check your cart several times before making a payment, what kind of item do you find? You'll save $ 5 to $ 10 each time you shop and it's a pretty good deal for your situation. "
Cherie and Brian say that self-control habits have made a difference for their finances. With fewer debts and more money in the savings book, they are happier and more successful.
Think like a businessman
According to Facebook CEO Mark Zuckerberg, thinking like an entrepreneur is what makes the company different from other startups. "I think good engineers and good tech entrepreneurs have that instinct," Zuckerberg says. "When they want to get started, they think like an entrepreneur. What can be lost and can be. Be an entrepreneur right after starting a business. "
I am glad I read this article. It is very motivating and reminds me what I need to do to succeed!