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TOP 10 HABITS OF A BILLIONAIRE

ZePLAN | 13:02:00 | 0 comments

How a person becomes billionaire.
Then subsequently other questions
followed this prime question. Are they
lucky enough? Are they destined to be?
Are they inheritors of their parental
property? Are they educated enough or
highly qualified? Or they have won a
lottery? Is this a wealth accumulation?
In order to find answer to my queries I
started researching. In the course of
my research I came across portfolios of
the top notch Billionaires starting from
Bill Gates, Warren Buffet, Carlos Slim
Helo to Mukesh Ambani and the many.
In the end I found my answers to the
above questions is a BIG NO ..
Amazingly neither they have won any
lottery nor inherited. They also have
weaknesses. They are also having
problems and troubles? Moreover most
of them are not even highly qualified.
Then what it is??? They are the
ordinary human beings like you and
me. Then what is the difference? What
I found that, they are very rich and
successful because they have a
different way of thinking and habits.
The biographies of these highly rich
and wealthy people have inspired me
to offer this article to you guys to live a
life of complete abundance and achieve
your mission.
At this point, I am going to reflect on
top 10 successful billionaire habits that
which has helped me to reach where I
stand at present.
1. CONSIDER YOUR TROUBLES AS
BLESSINGS
As Bill gates says, “ It’s fine to celebrate
success, but it is more important to heed
the lessons of failure”. We as human
beings spend most of our lives focusing
on the negative aspects of our most
difficult experiences rather than seeing
them for what they truly are.
Billionaires see the negative
circumstances are their greatest
teachers. Their thinking is always
positive and they are the real go-
getters. Hurdles and failures make
them more enthusiastic and
determined.
You cannot play a guitar without
hitting a few wrong notes. Pain is a
teacher and failure is a highway to
success. Hence, see your troubles as
blessings, resolve to transform your
obstacles into stepping-stones and vow
to turn your wound into wisdom. Be
confident and pro-active.
2. SET YOUR GOAL
People do not become rich by accident.
A person does not become a billionaire
overnight. Again to quote Bill Gates, “ if
you born poor it is not your mistake,
but if you die poor it is your mistake” .
To become rich is a choice, it is not by
chance. Rich people set goals that make
them rich. Thus, Set clearly defined
goals in all areas of your life. Because,
by setting a goal you can restore a
sense of focus in your own world,
where you want to reach. Goals clarify
our desires and in doing so, help us to
focus on only those activities that will
lead us to what we want. Goals can
give you a framework for smarter
choices. If you know precisely where
you are going, it becomes far easier to
select those activities that will get you
there. Goal setting keeps you alert to
opportunities. Clearly defined goals
commit you to a course of action. It
can boost the level of your personal
commitment to life and energize you
every day. Here you can make a
concrete Plan of Action and schedule
you plan. Do not wait for long jumps.
Move with determination in the
direction towards your goal
systematically. Billionaires direct all
their activities towards achieving a
particular goal until they accomplish it.
Benjamin Franklin asked himself every
morning, “What good shall I do today?”
Successful people knows the
importance of daily goals.
3. FOCUS ON DOING ONE TASK AT A TIME
Billionaires or rich people do not do
multi tasking. Because they know that
doing multiple tasks at a time reduces
efficiency and productivity. They set
outrageous goals, but stay focused on
one goal directing all their activities
towards accomplishment of that
particular goal. If you want to be rich,
be goal oriented and stay focused. Be
present for each single activity. Thus
focus on maximum two tasks per day to
increase your productivity and
efficiency.
4.INVEST IN ENRICHING YOURSELF
Learning is a never ending process.
The moment you stop investing in
yourself is the moment you have
written off future dividends in life.
Billionaires spend a significant amount
of time dedicating their resources to
self -development. The more you know
the more you earn. Knowledge is the
power and your learning power
determines your earning power. You
may work hard day and night, but
unless and until you enrich yourself
you can not be valued. Continuous
learning adds value to your knowledge
and increase your ability to produce
more effectively, timely and efficiently.
Before money can be earned value
must be given in return. Try on adding
more value to yourself every day. Open
your mind to new skills and gain more
experience day by bay.
5. BE PERSISTENT
Billionaires do not give up. They tried,
they failed and rose up again many
times before they eventually succeeded.
As it is said that failure is the pillar of
success. It is an opportunity to get
better learning from your experiences
and mistakes until you get the financial
independence you desire.
Being persistent is a skill that can help
you to reach your goal, get what you
want. It is a means by which you assert
yourself in the face of stubborn people.
Lack of persistence or given up soon is
the most common reason for failure in
any endeavour.
6. TAKE CALCULATED RISK
Life is nothing more than a game of
numbers, the more risk you take the
more reward you will receive.
Billionaires are fond of taking risks.
Each successful effort involves some
element of risk. But the habit of the
billionaire is to take calculated risks.
This means to calculate the resources
and chances. Calculated risks reduce
the chances of being failure. Thus if
you want to become rich, do not be
afraid of taking risks. A billionaire
mind says that if you are not taking
risks you are not making moves.
The real secret to the life of abundance
is to stop spending your days searching
for security and start spending your
time pursuing opportunity. Think
differently and Try differently. Highly
successful take the risk of trying in a
different way. But their new technique
or way is always a calculative or well-
thought move. Bill gates, Richard
Branson, Laxmi Mittal have become
billionaire by inventing new products
or new ways of doing business.
7. GET UP EARLY
Research shows that our brains are
sharpest two and a half to four hours
after waking. Getting up early is a gift
you are giving to yourself.
According to billionaires The Formula for
Success is to Rise early, work hard and
strike oil.” Almost all billionaires have a
habit of early rising. Rising early will
provide you with at least one quit hour
for yourself during most crucial part of
your day. The beginning if spent
wisely, the rest of the day will unfold
in a wonderful way.
High achievers get the things done
before the world wakes up. This is the
power of rising early that the
billionaires follow.
8. TAKE TIME TO REFLECT
The Founder of Microsoft said that
reflection should be a daily practice.
Weekends are perfect opportunity to
step back and reflect on the lessons of
the previous week . Review your
activities, take notes on lessons learnt
and make a plan for improvements for
the next. Author of “The happiness
Project”, Gretchen Rubin, suggests
starting a “One sentence journal” to
encourage daily reflection.
Maintaining a daily journal is one of
the best personal growth initiative you
will ever take. Writing down your daily
experiences along with the lessons you
have drawn from them will make you
wiser with each passing day. You will
develop self-awareness and make
fewer mistakes.
9. BE GENEROUS & DISCIPLINED
All the billionaires are highly
disciplined. They are very generous. If
you look at the lives of the greatest
people you will discover that a lot of
them are great philanthropist like
Rockefeller, Andrew Carnegie, Bill
Gates, Carlos Slim. Make giving one of
your habits today and you will become
very rich some day. You need to work
hard with self-discipline and self-
control to reach the goal of riches
whatever the circumstances may be.
10. SPEND LESS THAN YOU EARN
One of the secret of billionaires is
keeping control on their expenses. The
do watch their outgoing and incoming
financial flow very carefully. Cut down
fat from your expenses to make you
financial management healthy. Always
spend less than you earn. People
normally increase their expenses with
the increase n their income. But a
billionaire mind think in terms of
percentage. If you want to rich follow
the norm of saving 10% of your
income. According to Waren Buffet,
“Do not save what is left after
spending, but spend what is left after
saving.” Saving should be the 1 st
expenditure of your income.
Never use debt that won’t make money.
If you borrow money to buy a car, it
should be guaranteed to increase your
income. A billionaire use debt to
leverage investments in order to grow
cash flows.
Follow these ten key habits and make
your life better and attribute to your
success. You can change your life and
reach your goals. Becoming a
billionaire may seem like a fantasy, but
it is not so farfetched. Pen your mind
and move on..

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