Tips from The World's Wealthiest Entrepreneurs
- INFIDELIX
- May 19, 2019
- 5 min read
Updated: Jun 11, 2019
Everyone dreams of living a comfortable life that does not involve worrying about bills or having to budget for a dinner and many of us spend countless hours trying to pursue the goals of wealth. This is a great goal to set but for some reason many people do not ever seek out the advice and life tips from the people actually already doing it. In my opinion many of us just wing it and solve problems as they happen and figure out the best solutions to become the most successful in terms of wealth as we can be.
Here are some life hacks and tips from some of the World’s wealthiest people. Many billionaires are self made and they have learned habits and life hacks to make their dreams possible.
Invest in Time
The world we live in sure loves to throw distractions and comfortability in our faces. Many people spend countless hours watching series and television, or playing video games and doing other things that just help pass the time. Billionaires like Mark Zuckerberg and Warren Buffet do not own a television. They do not see a purpose in sitting around and doing nothing that will benefit or increase their productivity to bettering their future. Distractions like alcohol and cigarettes make you spend most of your off time not being productive. If you think about it spending 10 minutes a day only smoking 1 cigarette, is about 1 hour of time spent killing yourself instead of improving your life.
Eat Healthy
David Murdock from Dole Foods believes that a healthy diet is the reason how at 93, he is able to do so much and is considered just as healthy as an active 40 year old. In highschool our motto was ‘’Healthy Body, Healthy Mind’’ and this is such a true statement. If you feed your body bullshit all day, the thoughts you will have all day will be bullshit thoughts. If you feed your body things that provide good health, energy, and nutritious, your thoughts, ideas, and productivity will become more amazing.
Be Brave
Richard Branson has taken on many opportunities. He took on an airline company without knowing anything about aviation. He wanted to do things for the act of creation, not for money. Brave decision making is okay and wasting your time thinking about failure should not be an option. When I set out on this journey of self discovery and exploration I remember the feeling I had in my stomach as I walked down the terminal and found my seat on the plane. I was so scared, excited, nervous, and intrigued all in one. I knew I was embarking to uncharted waters and I knew I was about to be about of my comfort zone. Looking ahead now, this has been the best 6 years so far of my entire life.
Act Now for Long Term Goals
This is a very important life hack to follow to ensure success with your future. You cannot just live in the now. You have to have a long term plan and you have to start preparing for that long term plan now.
Jeff Bezos from Amazon was thinking ahead for the future. When ebooks starting getting popular he took his e-book idea on amazon and offered something different and cheaper. At first he lost money, lost customers, and people were optimistic about the new idea. Now the Amazon Kindle is the #1 selling e-book reader on the market.
Pay Attention to Relationships
Fostering good relationships is great for your mental well being and pursuit of happiness. If you are a leader in business then naturally you can become a leader for the community. Becoming a mentor and being there for the people of the community is important to not only gain support from the local area but also to elp you have peace of mind. For me as a world travelling rapper I have to pay attention to every relationship I have and every person that comes into my life. I have to remember that I have a responsibility to them to show them that can do whatever they want with their life and that they can become whoever they want to become in their life. I have definitely had my highs and lows with respecting and understanding what a friendship is however I am only human and make efforts everyday to respect who comes into my life better then I have in my past.
Live Thrifty
Many millionaires spend a time in their life when they penny pinched and lived below their means in order to make their dreams come true. As the years go on some of these successful entrepreneurs never change their spending habits.
I recently heard another story of a billionaire who now works as a train conductor somewhere in England. I couldn’t tell you much more than that but I know that he spends his time working a normal job and living a mediocre living taking the bus to his work everyday. He appreciates time with people and does not want to separate himself from the rest of society and normal culture.
Follow your Passion Obsessively
I could give you a few names of successful people who follow this strategy but pretty much it's every single one of them. I can tell you from my personal experience how important this tip is and how following your passions and goals is in my opinion one of the most important tips we can practice.
Whatever it is that you want to do in life you need to give 100% and you need to dedicate all your time and energy into the project if you want to not only see success, but see success at its highest level. Many people take on multiple goals and challenges simultaneously but then at the end of it all they may have finished but they finished with 50% effort therefore realising mistakes or things they could of done better when re looking at the project for years to come.
You need to find out what it is you want to do with your life and you need to give every single ounce of energy you have to making that dream and a passion an successful reality. In turn it is inevitable that you won't progress towards those goals, eventually getting everything you desired and wanted.
Find a mentor
Surround yourself by positive people who you look up to. Find people that can help lead you in the direction you need to go. Embrace support and advice. Mentors come in all forms and walks of life and finding someone who is in your same field to get advice from is a very important step and strategy to becoming the person you want to be. It is the ‘’You are who you hang out with’’ concept that has proven to be true time and time again. Find someone who you respect and who is a couple levels above you and learn from them.
Also just to mention a mentor doesn’t have to come in the form of a person. It can be from a book or series or audio program or even youtube series. Gaining knowledge and advice everyday can help strengthen you as an individual and help put new thoughts and ideas into your head.
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