There are only a handful of billionaires in the whole wide world and there is a strong reason as to why. Being a billionaire does not happen overnight but through the consistent discipline of forming good habits which bring success. Success comes at a price which most people are not willing to pay.
All ultra-successful people are disciplined in spending their time productively, working hard and smart, improving themselves and learning new things, especially from their failures.
In this article we are going to learn 3 Shocking Habits of Billionaires by looking at habits of billionaires such as Mark Zuckerberg, Michael Korrs, Steve Jobbs, Ellon Musk, Serge Brin, Jeff Bezos and Azim Premji
Also read: 12 Shocking Habits of Successful People
On your path to success you are going to need to make countless important, difficult and overwhelmingly complicated decisions that may just make or break your entire future.
When you run into one of these life-changing scenarios, you are going to want to dedicate all of your time and effort to thinking through your options as thoroughly as possible. You want to be at the top of your game every single day ensuring that your eye is always on the ball.
But it’s not that easy simply because life is full of hundreds and thousands of distractions which if you let them will stop you from turning your hopes and dreams into a reality.
Take a moment to consider how many small decisions you make every single day. You decide when to get out of bed, what to eat for breakfast, when to get out of the shower, how to style your hair and what music to listen to in the car.
My point is that by simply operating according to a dynamic lifestyle; you are cluttering your brain with all kinds of decisions that ultimately have zero effect on your future!
Will your hairstyle ever change your annual salary? Will the music you listen to in the car ever help you publish that novel you have been dreaming out?
No, of course not. So, why do 99% of people waste considerable amounts of time of their day thinking about them? The truth is that billionaires know better and do better.
Take these 3 titans of industries: Mark Zuckerberg, Michael Korrs and Steve Jobbs. Every day these individuals are expected to guide multi-billion dollar companies. Push the boundaries of style and culture, or reinvent the mechanisms that got them lives of millions.
Every decision they make will ripple throughout the entire world. So, when so much is on the line, why waste your time worrying about tiny, insignificant questions like what type of shampoo should I use? or what colour phone case should I buy? The answer is, don’t!
If you have ever seen pictures of all these three guys you might have noticed one thing they all have in common. Every one of them wears the exact same clothes to work every single day.
Mark Zuckerberg who is worth over 70 billion and operates the largest social media network in existence has worn the same hoodie, t-shirt and pants for years.
Why did they do all this? Because it cut out the meaningless decisions from their lives. These powerful figures realized that they were wasting valuable time and brainpower on something that wouldn’t earn them success.
So, they found clothes that were comfortable and wore them over and over again to ensure that they would hardly ever to even think about how they looked.
Cutting out decisions like this, especially ones related to physical appearance can actually provide a boost in confidence by ignoring an insecurity that plagues far too many people.
Instead of worrying about being attractive or looking confident, these billionaires let their actions speak and you can do the same.
Instead of flooding your days with pointless decisions and trivial choices; find answers that are comfortable and stick to them every single day.
Not only will this free up your mind to ponder more important subjects but you will find that the lack of choices will actually improve your productivity by lessening the chances that you might get accidentally distracted by something that is insignificant.
A number of ultra-successful individuals don’t just eliminate meaningless decisions but also turn their entire life into an arrangement in a schedule.
Most of these wealthy people have an absurd amount of responsibilities thrown at them every single day.
Meaning they have more meetings, emails, phone calls and appointments than they know what to do with. So, how do they navigate the chaos that is the life of a billionaire?
According to Ellon Musk they plan their day from start to finish in 5-minute blocks. Ellon Musk who is worth over 21 billion dollars and founded both Tesla Motors and SpaceX realized that he can effectively tackle a mountain of projects by slicing them up into bite-sized pieces.
Not only does this relief the incredible pressure of staring down so many unfinished tasks but it allows them to maximize the productivity of every minute of every day.
This type of scheduling takes extraordinary discipline, ambition and determination to keep up with. But billionaires like Ellon Musk, were only able to develop these types of characteristics by constantly forcing themselves outside of their comfort zone.
Thereby challenging their own beliefs about what they thought they could accomplish.
Ellon Musk’s 5-minute blocks also come with another added bonus. When those 5 minutes are up and that task is accomplished, he gets to cross that item off his checklist and refocus his mind entirely on something new.
Why is this so powerful? Because by forcing your thoughts into a funnel, every 5 minutes you can dedicate all of your attention and effort towards creating the best possible product.
For the average person, it’s all too easy to let your mind wander. You might be sitting at work but you are probably thinking about that game you were playing last night or the song you’ve been writing.
Whatever it is, the lack of a rigorous schedule gives your brain the freedom to casually site-see along the way while 5-minute intervals force you to hone in on the fastest route to success.
So, what can you do to follow in the footsteps of these precisely scheduled billionaires?
Start doing the same thing with your own life. Even if you do not have many responsibilities to actually fill the schedule out, break down school or work into smaller intervals.
Keep track of how much time it takes you to send an email, write a paragraph, or read a page and do whatever you can to make that interval even smaller.
In order to think like a billionaire, you need to treat your time like it’s worth something. Like every minute of your day is valuable for one reason or another.
Each time you drift off into a daydream or binge in an extra episode of your favourite show you are losing out on valuable minutes of your time which you could be investing in your long-term goals.Find a way to make sure that you fall into your bed every day knowing with certainty that you did as much as you possibly could that day. Click To Tweet
You would be surprised by at the confidence and self-satisfaction that this knowledge will give you. And the more you do it, the more those positive feelings will grow until you develop the poise and conviction of a billionaire.
When thinking about the rich and famous the first things that people think of are fancy cars and huge mansions; two of the most classic symbols of material wealth.
But is that how really the most successful people use their money? The truth is that some of the wealthiest people in the entire world are also some of the most frugal.
Now, I am not talking about the overwhelming majority of celebrities who are relatively shameless when it comes to material goods.
Most of these individuals make their millions off their artistic talents or appearance but while they are far wealthier than 99% of the population, they aren’t the kind of billionaires we are talking about.
Instead, I am referring to people like Serge Brin co-founder of Google who still shops the sales of every grocery store he goes to or Azim Premji, a business tycoon in India whose net worth is over 12.2 billion dollars yet travels to and from in most places in a public rickshaw.
People like Jeff Bezos who even after becoming the richest person on the planet with a net worth of over 166.3 billion USD, is the founder of Amazon drove a rickety Honda accord and worked at a desk made of repurposed wood.
These incredibly successful individuals have all the money in the world but make the conscious choice to lead very frugal lives.
Why? Because these billionaires did not get where they are today by just throwing their money around.
They are as protective of their money now as they were before they had so much of it. Which is the exactly the same kind of thinking that got them exactly where they are today.For so many of these billionaires their success was built on raw aspirations and drive; not just a craving for expensive cars or fancy clothes. Click To Tweet
They act roughly the same with or without money because their path to success was never actually about money at all. They saw the money as a means of achieving their dreams.
So, like any good entrepreneur, they made strategic use of their resources to build an empire. So, when that empire was finally alive and thriving, they didn’t just stop, relax and start mindlessly spending their money even if they could.
Why not? Well, because at the end of the day, a filthy rich businessman is still just a businessman.Some Key habits of billionaires include: reducing meaningless decisions, planning and staying frugal. Click To Tweet