Billionaires see the world differently from other people, which is why they are wealthy. Billionaires have unique business habits, attributes, principles and manners, each playing a role in helping them accumulate and preserve wealth. The good news is that you can become like them in the business world by changing your habits and imitating what these rich people are doing. In this context, here are some of the characteristics that distinguish billionaires from other people:
They never stop:
Most billionaires will agree that passion and ambition are the most important means to success. And unlike the pursuit of money, billionaires choose to pursue their dreams and never make concessions, because they know success will be the desired outcome. American businessman Jim Cook says: “The thing I remember most about people is the pursuit of what they love because small businesses will require painstaking effort and long time, and it will become their entire life.” And when you do something you love, you will accept and enjoy it too. And if you do something to get rich, you lose your heart. I always tell everyone that getting rich is the biggest trap in life. Ultimately it depends on what you want, so will you choose happiness or wealth? As for me, I will choose to be happy. ”
They are looking for information to apply:
Billionaires expect their teams to provide work-related information, rather than spending time doing their own research. With the information and data they need, the wealthy can make calculated decisions regarding their investments, future plans, and goals.
They make the world better:
It's no secret that billionaires want to make the world a better place. Take "Elon Musk" for example, where he is trying, through his companies, "SpaceX", "Tesla" and "Solar City", to make the world a better place than it found on it, by focusing on creating a clean future with renewable energy and reopening the space for exploration.
They risk thoughtfully:
In his study of the habits of the poor and the rich, Thomas Crowley says: “77% of the poor in his study gamble every week on lottery tickets, as they rely on random luck to get them out of their current lives, rather than the luck opportunities that the rich depend on. And gambling involves a risk that you cannot control. ” Yet the rich take calculated risks that they can control. “Nobody has raised a million dollars by caution or not taking risks,” says Warren Buffett, CEO of Berkshire Hathaway. I was 22 years old when a crazy idea occurred to me to quit my job as a chartered accountant and enter the home sales business. I did not have much knowledge in real estate, but sometimes the crazy ideas are what results in huge profits.
They work hard and enjoy their life:
Billionaires work hard, sometimes much more than others, and they are known for their very strict work ethic. "What you have to do is work between 80 hours to 100 hours a week," says Elon Musk, CEO of Tesla Motors. In the event that people work for 40 hours and you for 100 hours a week, this means that you will finish a full year work within 4 months only. For example, Mark Cuban spent many nights trying to learn programming and did not take a leave of absence for 7 years. Today, Cuban seems to be reaping the rewards of his effort, and now he is enjoying his life. Even though billionaires work hard and make sacrifices in the short term because of it, they don't forget to enjoy their lives and the fruits of their work.
Do not complicate matters:
"Don't waste your time in making plans," says Eric Schmid, chairman of Google's board of directors. Schmid’s words do not come from a vacuum, as if we take a look at the lives of most billionaires, we will see that their goals were not complex or huge, but were simple and fluid. For example, Henry Ford wanted to produce a car that was affordable for everyone, while Bill Gates wanted to bring computers to every home, and Mark Zuckerberg wanted to connect people with each other. While these billionaires do have a goal, it is simple at the same time. In addition, the wealthy are known for their simple plans, making it easier for them and his business teams to focus on activities that will benefit their businesses.
They do sport:
"76% of rich people exercise for 30 minutes or more every day, and exercise includes running, walking and cycling," Crowley says, adding: "Endurance exercises are not only good for the body, but for the brain as well, as it promotes the growth of nerve cells, and it stimulates The body produces glucose, which is food for the brain, and the more your brain capacity increases, the smarter you become. ”
They are distinguished by their high morals:
In his research, Crowley also found that self-made billionaires master the rules and etiquette, which are the principles you need to master to be a successful person. This includes dressing appropriately for each event, dining etiquette, learning about important life events and writing thank you letters, because these communication skills make you stand out from others and show your gratitude to others who helped you reach your goals to achieve wealth.
They seek help from others:
The wealthy realize that they cannot do everything alone, and they also know very well that they are not the smartest people in the world, and for this reason they surround themselves with people who are smarter and more skilled than them and who have better knowledge about investing than they do. They also depend on an elite group of managers, assistants and manufacturers, because they need them more than others during their daily work.
They have multiple sources of income:
Crowley says: "The rich do not depend on one source of income, as they develop multiple sources, and my study indicates that 65% of the rich have at least 3 sources of income they established before they accumulated their first million." Examples of these financial flows include renting real estate, investing in the stock market and partial investing in business ventures.
They wake up early:
Crowley's studies indicate that nearly 50% of self-made wealthy wake up at least 3 hours before their scheduled work, and this is a strategy for dealing with the inevitable daily obstacles such as long meetings and traffic jams. In this, Crowley says: «These obstacles affect our psyche, and can creep into our subconscious and make us feel a loss of control over the course of our lives. So, waking up at five in the morning to plan the 3 most important things you want to accomplish during the day helps you regain control of your life and gives you a sense of confidence ».
