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6 Habits of The World’s Richest People.

November 11, 2017 by  
Filed under Business, Money, Opinion, Weekly Columns

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( What do Bill Gates, Jack Ma, Richard Branson and Apple CEO Tim Cook have in common? They are some of the wealthiest people on earth. But if we keep this fact aside, there’s a lot common among the richest people – their habits. We are what we repeatedly do. We are the product of our own actions. Successful people develop certain habits that help them dominate in every single area.

Here are six habits of the world’s richest people that have helped them reach where they are.

1. Rich people are early birds

So many people get up early and they all have their own reasons behind following this schedule. Apple CEO Tim Cook wakes up at 4:30 in the morning and starts sending company emails. Within half an hour, he leaves for the gym and at 5, he can be found there. He’s not alone, Disney CEO Bob Iger, Starbucks CEO Howard Schultz, Richard Branson and PepsiCo CEO Indra Nooyi are early risers. There’s a scientific reason behind why waking up early is a good habit. According to research those who wake up early tend to be more productive at work and happier.

2. Successful people are rarely idle

Rich people like Oprah Winfrey and Warren Buffett spend less time talking about what they are going to do. They utilize that time in taking the first step. Rich people treat their time as money. They know that they don’t need the approval of anybody for what they can do. It doesn’t look like a habit, but if you stop for a moment and think what you can do with the knowledge and resources you have, you’ll realize that there’s so much you can do. The difference between rich and poor is that rich people do it in the next moment, but why many people are unsuccessful because they are idle. They think more and do less.

3. Rich people know the art of saying ‘No’

Have you ever said yes when you wanted to say no? It happens with many of us. Saying no without offending others is an art and that art is something rich people learned long back.

“The difference between successful people and really successful people is that really successful people say no to almost everything,” said Warren Buffett. The mega-moguls value their own time and that’s why they never try to please everyone by saying ‘yes’. They maintain their schedule and have no problem saying ‘no’.

4. Wealthy people make their money work

Successful people have attained wealth, and they are successful because they know how to manage their money well. They invest money. They make every single dollar work for them. They are always on the lookout for new opportunities to park their cash. People who are rich prepare themselves for success. They never wait for luck, they simply expect luck to find them when they are busy.

5. They set goals

Successful people have a great habit of setting goals in the right way. We all have goals. Since childhood, many of us have been seeing dreams and planning to become something very big. Rich people set realistic goals, they write down their goals, and they focus on accomplishing specific goals. They always know that good habits will take them closer to more wealth and bad habits will have a negative impact on their life.

6. Successful people educate themselves

Those who are rich don’t spend time watching TV. They read, they learn new skills and they never miss an opportunity that can help them increase their knowledge in a certain area. They always make sure focusing on relevant skills. They learn new ways to create income streams and they do it effectively. Education helps you avoid mistakes, and this is the reason why people learn new skills.

What you do everyday matters the most. Your actions define you. The most successful people follow certain routines and rituals and that’s what many of us call it a habit of the world’s richest people.

Staff Writer; Corey Shaw

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