Advertising
Advertising

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!).

Advertising

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.

Advertising

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.

Advertising

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.

Advertising

Featured photo credit: Flickr via farm4.staticflickr.com

More by this author

7 Public Speaking Techniques To Help Connect With Your Audience 20 Little Signs You’ve Found The One 8 Signs of a Man Who Will Never Ever Stop Loving You 8 Things To Remember When Dating Someone With A Guarded Heart 14 Signs You’re Not Drinking Enough Water

Trending in Productivity

1 What Are Analytical Skills and How to Strengthen Them For Success 2 How to Break Bad Habits: I Broke 3 Bad Habits in Less Than 2 Months 3 How Long Does It Take to Break a Habit? Science Will Tell You 4 How to Reprogram Your Brain Like a Computer And Hack Your Habits 5 How to Make Changes in Life by Changing Your Habits

Read Next

Advertising
Advertising
Advertising

Last Updated on February 20, 2019

What Are Analytical Skills and How to Strengthen Them For Success

What Are Analytical Skills and How to Strengthen Them For Success

Everybody makes bad decisions. Some people, however, are more capable of making better decisions that inch them closer to success. These individuals are not ruled by emotions, desires, or hunches. Rather, they depend on their analytical skills to overcome challenges regardless of urgency or complexity.

What Are Analytical Skills?

According to Richards J. Heuer Jr., former veteran of the CIA, “thinking analytically is a skill like carpentry or driving a car. It can be taught, it can be learned, and it can improve with practice. But unlike other skills, it is not learned by sitting in a classroom and being told how to do it. Analysts learn by doing.”[1]

Analytical skill can be considered as one of the critical life skills that are not taught in schools.[2] It comprises of visualization, critical thinking, and abilities for gathering and processing information. Here’s a closer look at some of these abilities:

• Visualization – Also tied to a person’s creativity, visualization is the ability to predict the possible outcomes of strategies and actions. On a professional setting, visualization involves the analysis of data – often through illustrations like charts, graphs, and detailed lists.

Advertising

• Critical Thinking – Simply put, a person’s ability to think critically can be measured by his or her consistency in creating reasonable decisions. It pertains to the ability to evaluate information, siphon what’s useful, and draw conclusions without being swayed by emotions. As a critical thinker, you’ll find yourself challenging assertions and finding loopholes in proposed solutions.

• Computing – Whether you like it or not, you need to be comfortable with numbers if you want to sharpen your analytical skills. Bear in mind that computing encompasses other skills like cost analysis, budgeting, and performing general calculations. In business, you need to use computations when weighing the risks and benefits of any given strategy.

• Problem-Solving – Remember that analytical skills are used not just to understand problems, but also to develop the most suitable course or courses of action. This relates to your goal-setting skills, which involve breaking down and prioritizing between objectives.

• Resource Management – Lastly, analytical skills involve some degree of resource management depending on the task at hand. For example, professionals with a tight schedule is must know how to effectively manage their own time – also known as one of the most important resources in the world. Business leaders, on the other hand, must know how manage company resources, including cash and manpower.

Advertising

Take note that the definition of analytical skills may change to match the requirements of a specific situation. For example, upon hiring a web developer, analytical skills may refer to the ability to determine the needs of online users, understand web analytics for optimization, and identify visual elements that can match a company’s brand. The skill set above, however, should be applicable in most if not all scenarios.

Develop Your Analytical Skills for More Growth Opportunities

There’s no question that the right decisions lead to positive results. It doesn’t matter if you’re running a business or simply trying to climb the corporate ladder. By training your analytical skills, you position yourself for more growth opportunities while staying away from negligible actions you will regret.

For example, you plan to launch a new startup in your local community – but struggle to decide the niche you want to enter. Since you’ve been a technophile your whole life, part of you desires to invest in a gadget store. If you’re passionate about your business, success will come – right?

If you have sharp analytical skills, you begin to see your plans in whole new dimensions. What are the possible outcomes of this venture? Does the local market have a need for a new gadget store? How much do I need to get started – and how much should I sell to make a profit? Depending on your findings, you can determine the feasibility of your business idea without letting your emotions get in the way.

Advertising

6 Ways to Strengthen Your Analytical Skills

There are several approaches when it comes to developing an individual’s analytical skills. For instance, psychologists agree that reading fantasy stories as a child can help sharpen critical thinking.[3] Research also suggests that undergoing traditional education has a positive effect on a person’s IQ and analytical skills.[4]

But as an adult, such opportunities to hone your analytical skills no longer apply. That’s why you need to devise a more deliberate, active approach yourself. Below are a few strategies to get you started:

1. Ideate Business Ideas – Developing a profitable business idea, whether you pursue them or not, involves numerous challenges. You need a ton of research, computations, and problem-solving to create a tangible business plan. You can organize your ideas with a note-taking tool like Microsoft OneNote or Evernote. Doing so will allow you to delve deeper into your analysis, organize your findings, and stay focused on roadblocks as well as how to solve them.

2. Leverage Analytical Tools – Aside from note-taking tools, you can also leverage other software that can help with analytical tasks. A money management app like Mint, for example, makes it easy to track your spending habits as well as manage your budget with visual tools. When it comes to prioritizing goals, you can use simple task management apps like Trello or Wunderlist.

Advertising

3. Have a Personal Learning Library – Thanks to the internet, there’s a colossal amount of resources you can utilize to learn new skills, expand your vocabulary, and train your visualization muscles. Social media networks like SlideShare and YouTube, for example, offer mountains of tutorials you can access to your heart’s content. For a personalized learning library, you can download Instagram videos or GIFs from educational accounts like NASA Goddard and the American Mathematical Society. But if you prefer specific, technical skills, then a good place to start would be online learning platforms like Coursera, edX, and Alison.

4. Participate in Online Communities – The internet is a great place to share experiences, opinions, and sometimes intellectual discussions with like-minded individuals. Reddit, for example, has a place or “subreddit” dedicated for every topic imaginable – from technology to entrepreneurship. For structured debates, you can head to websites like Debate.org and let other users choose the winner via votes.

5. Seek Mental Stimulation – To keep your mind sharp, make it a habit to engage in mentally stimulating activities such as chess, puzzles, and brain training apps. A great resource would be Lumosity, which contains dozens of cognitive games designed by teams of scientists and game designers.

6. Keep a Personal Journal – Finally, keeping a personal journal allows you to take a second look at everything that happened in your day.[5] Remember that writing about learning experiences lets you focus on the lesson rather than the emotion. It will help you analyze how you made your decisions, why you came to certain conclusions, and what you can do to improve in the future.

As an adult, you are required to face a myriad of challenges on a daily basis. Work, school, business, relationships – the list goes on when it comes to the sources of life’s problems. With analytical skills, you can confront and overcome any obstacle standing between you and your goals.

Reference

Read Next