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8 Habits of Highly Successful People

8 Habits of Highly Successful People

When most people think of the millionaires and billionaires of the world, they usually see them as superhuman individuals who were destined for success from the moment they were born. While successful people certainly do have natural talents that have helped them along the way, they’ve also spent their entire lives working hard for what they’ve earned. An overwhelming majority of wealthy individuals have said they practice similar habits on a daily basis, including:

1. Waking up early

You’ve probably heard Ben Franklin’s famous saying: “Early to bed, early to rise makes a man healthy, wealthy, and wise.”

While so many of us use as much time as we can in the morning to sleep until we absolutely have to get up, successful people use the morning as a time to get things done. One survey showed that almost half of wealthy individuals within the study wake up three hours before they actually have to be to work. This gives them enough time to wash up, eat a filling breakfast, and mentally and physically prepare for the day ahead of them. Think of that the next time you spill your coffee all over yourself while speeding down the street because you woke up with ten minutes to spare (and I’m not judging; I’m guilty of it, too!).

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2. Using time wisely

Novelist Vanna Bonta once said, “There is only now. And look! How rich we are in it.”

As I just mentioned, wealthy people wake up quite early, and they don’t spend this extra time sitting around. They understand that every second that ticks by is a moment they’ll never get back, so they get in the habit of using time to their advantage. Think about all the time you waste throughout the day waiting for a bus or for water to boil for your coffee, scrolling through your Facebook, or watching sitcom reruns. It might not seem like much to take 2 minutes of your time to check your phone when it beeps, but if you do that 30 times a day (which isn’t out of the realm of possibility), well, you do the math. No matter how little time you have between tasks, there’s always enough time to be productive in some way.

3. Staying focused

Even if you don’t stop what you’re doing every time your phone buzzes, your attention will most likely be taken away from the task at hand until you do so. Successful and wealthy people eliminate distractions when they have pressing business to attend to. Why do you think CEOs have offices with locked doors and secretaries to answer their phones? They do take time to return calls and check their email, but it’s often at a set time during the day. In doing so, they don’t unintentionally divert their attention to five different things at once; they’re able to focus on one issue at a time, resolve it, and move on to the next big thing.

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4. Networking

Another saying that’s been around forever, but is sometimes overlooked, is “If you’re the smartest person in the room, you’re in the wrong room.”

Think of the last time you were introduced to someone new: Did meeting them change your life in any way? Did you have anything to offer them? Wealthy people surround themselves with other successful people, and constantly bounce ideas off each other. Even during leisure activities, such as a day on the golf course, successful people discuss ideas, trade business practices, and forge mutually beneficial relationships. They actively seek out others who have mutual interests, ideas, and skills in order to expand their own ideas and abilities.

5. Reading

The most successful people in the world love to read. I previously discussed how wealthy people spend their time wisely. Whenever they get a spare moment, they often use this time to read something new. And they don’t read drivel, either. Wealthy people read to learn and expand their perspective on issues. An astounding 86% of wealthy people reported they are avid readers, compared to 26% of non-wealthy people. Reading helps people stay current and informed, and because of this, successful people are able to stay on top of trends and ideas. In doing so, they are able to become the producers of “the next big thing” that is loved by the masses, and make a killing doing it.

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6. Planning their day

Successful people make a gameplan for every day of their lives. 81% of the wealthy people surveyed reported they create a to-do list either before going to bed each night, or immediately upon waking up each morning. These people also tend to overload their lists, so they don’t leave themselves with too little to do. 67% of the wealthy people who said they create to-do lists reported that they finish, on average, over 70% of the items on their list. If you’re anything like me, you feel relieved when you finally check off that last item on your list of errands so you can put your feet up for a while. On the other hand, wealthy people would rather have too much to do, and be able to spend their time improving themselves in some way, shape, or form.

7. Taking risks

Successful people love to stretch their comfort zones as much as possible. They’re not afraid to put themselves “out there,” even if they run the risk of failure. They embrace vulnerability, because they know that without taking a risk, they will never get further in life. This isn’t to say that wealthy people just haphazardly put themselves in risky situations. On the contrary, they analyze each situation they face, and calculate the chances of success for each decision they make. And they always have a “Plan B” in case things don’t go as they had hoped. By taking risks, and knowing how to handle themselves if they falter, wealthy people continue to rise up in the world.

8. Working smarter

Successful people are successful because they work smarter, not harder. They find the easiest way to go about a task while maintaining excellent performance, which in turn saves resources for other tasks. They also understand that working too hard will lead to burnout and an ineffective use of time. Wealthy people work in spurts, and then take short breaks once they notice their attention and focus weaning. By doing so, they rejuvenate their body mentally and physically, and can come back to a task refreshed and ready to work. When taking these short breaks, they let their mind wander to other possible solutions, and may come back to their workstation with a breakthrough that makes completing the task that much easier.

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Featured photo credit: Flickr via farm4.staticflickr.com

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Matt Duczeminski

A passionate writer who shares lifestlye tips on Lifehack

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Last Updated on August 6, 2020

Why Working 9 to 5 Is Outdated

Why Working 9 to 5 Is Outdated

Bristol is the most congested city in England. Whenever I have to work at the office, I ride there, like most of us do. Furthermore, I always make sure to go at off hours; otherwise, the roads are jam-packed with cars, buses, bikes, even pedestrians. Why is that? Because everyone is working a traditional 9 to 5 work day.

Where did the “9 to 5” Come From?

It all started back in 1946. The United States government implemented the 40 hour work week for all federal employees, and all companies adopted the practice afterwards. That’s 67 years with the same schedule. Let’s think about all the things that have changed in the 67 years:

  • We went to the moon, and astronauts now live in space on the ISS.

  • Computers used to take up entire rooms and took hours to make a single calculation. Now we have more powerful computers in our purses and back pockets with our smartphones.

  • Lots of employees can now telecommute to the office from hundreds, and even thousands of miles away.

In 1946 a 9-5 job made sense because we had time after 5pm for a social life, a family life. Now we’re constantly connected to other people and the office, with the Internet, email on our smartphones, and hashtags in our movies and television shows. There is no downtime anymore.

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Different Folks, Different Strokes

Enjoying your downtime is an important part of life. It recharges your batteries and lets you be more productive. Allowing people to balance life and work can provide them with much needed perspective and motivation to see the bigger picture of what they are trying to achieve.

Some people are just more productive when they’re working at their optimal time of day, after feeling well rested and personally fulfilled.  For some that can be  from 4 a.m. to 9 a.m; for others, it could be  2 p.m. to 7 p.m.

People have their own rhythms and routines. It would be great if we could sync our work schedule to match. Simply put, the imposed 8-hour work day can be a creativity and morale killer for the average person in today’s world.

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Productivity and Trust Killer

Fostering creativity among employees is not always an easy endeavor, but perhaps a good place to start is by simply not tying their tasks and goals to a fixed time period. Let them work on their to-do list at their own pace, and chances are, you’ll get the best out of your employee who feels empowered instead of babysat.

That’s not to say that you should  allow your team to run wild and do whatever they want, but restricting them to a 9 to 5 time frame can quickly demoralize people. Set parameters and deadlines, and let them work at their own creative best with the understanding that their work is crucial to the functioning of the entire team.

Margaret Heffernan, an entrepreneur who previously worked in broadcasting, noted to Inc that from her experience, “treating employees like grown-ups made it more likely that they would behave the same way.” The principle here is to have your employees work to get things done, not to just follow the hands on the clock.

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A Flexible Remote Working Policy

Yahoo CEO Marissa Mayer famously recalled all her remote workers, saying she wanted to improve innovation and collaboration, but was that the right decision? We’ve all said that we’re often more productive in a half day working from home than a full day working in the office, right? So why not let your employees work remotely from home?

There are definitely varying schools of thought on remote working. Some believe that innovation and collaboration can only happen in a boardroom with markers, whiteboards and post-it notes and of course, this can be true for some. But do a few great brainstorms trump a team that feels a little less stressed and a little more free?

Those who champion remote working often note that these employees are not counting the clock, worried about getting home, cooking dinner or rushing through errands post-work. No one works their 9-5 straight without breaks here and there.  Allowing some time for remote working means employees can handle some non-work related tasks and feel more accomplished throughout the day. Also, sometimes we all need to have a taste of working in our pajamas, right?

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It’ll be interesting to see how many traditional companies and industries start giving their employees more freedom with their work schedule. And how many end up rescinding their policies like Yahoo did.

What are your thoughts of the traditional 9-5 schedule and what are you doing to help foster your team’s productivity and creativity? Hit the comments and let us know.

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