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13 Top Billionaires’ Tips on Positive Thinking—and Why It Matters

13 Top Billionaires’ Tips on Positive Thinking—and Why It Matters

In popular culture, people know that they are supposed to “think positive.” We all sort of know that we should scotch-tape affirmations to our bathroom mirrors and say “I love you” to ourselves, and keep our chins up (presumably while reading those mirror-stuck affirmations)

But why?

Well, on the surface of it, if you think positive, you’re not thinking negative, and therefore, you’re not grumpy and depressed. That’s a pretty good reason on its own. After all, who else but a poet or an emo musician wants to be grumpy and depressed?

But research shows that there are very real and measurable benefits to consciously cultivating and maintaining a positive, optimistic view on life.

The Mayo Clinic has proved conclusively that optimists have lower levels of cardiovascular disease and longer life-spans. Furthermore, they found that pessimists’ health deteriorated more speedily as they aged.

Researchers at Yale and the University of Colorado discovered that pessimism is correlated with a diminished immune response to tumors and infection.

Dr. Martin Seligman, the founder of Positive Psychology, has done landmark work that shows that positive, optimistic people have deeper and broader social networks, are more effective communicators, and are more resilient, seeing failure as a learning experience rather than as a confirmation of their ineptness, and therefore they believe they can do better in the future.

Moreso, in a broad study of insurance salespeople, he found that the optimistic ones sold 37% more policies than pessimists, who were twice as likely to abandon their career during their first 12 months of employment.

Seligman gives guidelines on how to cultivate optimism for those of us who have developed negative habits in his book, Learned Optimism.

But you don’t have to only look at the research to see that a positive outlook on life and optimism breeds success. When you look at the lives of billionaire innovators, you see that a positive mindset keeps the minds of the highly successful focused on what is possible rather than on what blocks them; on alternatives rather than on roadblocks; on creative solutions rather than on blame.

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1. Imagine you’re on the threshold of success.

Andrew Carnegie, though often viewed as a shrewd and tight-fisted Scotsman, was actually a veritable starburst of sunny optimism.

“Think of yourself as on the threshold of unparalleled success. A whole, clear, glorious life lies before you. Achieve! Achieve!”

Carnegie, who famously hired Napoleon Hill to gather up the wisdom of the rich and powerful in a project that produced the book Think and Grow Rich, grounded his optimism in utter 100% responsibility in his own internal resources.

“Immense power is acquired by assuring yourself in your secret reveries that you were born to control affairs.”

Positivity gives the mega-successful the internal fuel to power through downturns and what others would call failure.

2. Keep moving forward.

Mark Zuckerberg veritably defined our fast-paced innovation culture with his most famous quote:

“Fail fast and break things.”

3. Think like a queen.

Or in Oprah’s words:

“Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness.”

4. Failure isn’t the end; it is the beginning.

Failure among billionaires is understood to be part of the creative whirlwind that is the very life of business. Success in not an endpoint. It’s merely a link in the continuing spiral.

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“Failure is just a resting place. It is an opportunity to begin again more intelligently.”

– Henry Ford

“I have not failed. I have just found 10,000 ways that won’t work.”

– Thomas Edison

5. Abundant chance is all around you.

Sheldon Adelson, the toilet-kit salesman come multi-billionaire mastermind of the Las Vegas Sands Corporation expresses the optimistic mindset that failure is not only necessary, but that opportunity is unlimited.

“For me, businesses are like buses. You stand on a corner and you don’t like where the first bus is going? Wait ten minutes and take another. Don’t like that one? They’ll just keep coming. There’s no end to buses or businesses.”

6. Find the courage to continue.

Optimism may come easy to some. For others, it’s the cultivated result of another quality, which Churchill identified as courage:

“Success is not final, failure is not fatal; it is the courage to continue that counts.”

7. Own your mistakes—

Optimism and positive thinking feed our courage. Courage need not be heroic. Rather it may merely be the cool-headed outgrowth of a positive belief in yourself.

When Howard Schultz discovered that one of his most costly innovations had utterly flopped and cost the company nearly $100 million, he walked into his boardroom, looked his board in the eye and said, “Tactical mistake. Next.” No hand-wringing. No self-loathing. In fact, his entire ethos is summarized in the title of his memoir, “Onward.”

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8. —and then move on.

Similarly, Steve Jobs:

“Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.”

Jobs elaborated on his philosophy by applying his belief in innovation not only to his work, but to himself as well.

“If you want to live your life in a creative way, as an artist, you have to not look back too much. You have to be willing to take whatever you’ve done and whoever you were and throw them away.”

An optimist is open to the adventure of self-growth, and doesn’t cling to the past or present as a pessimist might, believing things can only get worse.

9. Trust your hard work.

Optimism is akin to faith, not merely in yourself but in something greater than yourself. Jobs, a noted mystic, put it this way:

“You can’t connect the dots looking forward; you can only connect them looking backward. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”

10. Seek to help others.

Billionaires optimistically believe in a better world and see their efforts as contributing to it. As Peter Diamantis observed:

“The best way to become a billionaire is to help a billion people.”

Sergei Brin, Co-Founder of Google, when asked what really drove him, and what spurred his company to its stratospheric growth, replied:

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“I would like to see anyone be able to achieve their dreams, and that’s what this organization does”

11. When in doubt, don’t be evil.

In fact, Google’s well-known slogan “Don’t be evil” stemmed from nothing other than a profoundly positive intent:

“We have tried to define precisely what it means to be a force for good—always do the right, ethical thing. Ultimately, “Don’t be evil” seems the easiest way to summarize it”

12. Have high expectations of yourself.

Billionaires often seek to create something great. Some are driven by the desire to have a great impact. Others just expect that greatness is before them. As Sam Walton says:

“High expectations are the key to everything.”

13. Be relentless.

However, this doesn’t mean that billionaires go about their businesses like starry-eyed Pollyannas. Kazuo Inamori, a Japanese entrepreneur who founded two multi-billion dollar companies claims that while developing a new product or strategy, you begin optimistically.

However, once the planning stage begins, he says you must “become a pessimist” in order to spot every obstacle in the way. Then, he says, he returns to optimism for the execution phase.

In the end, billionaires teach us that optimism is not a gift. It is a strategy.

Featured photo credit: Markus Spiske via imcreator.com

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Last Updated on March 31, 2020

How To Break the Procrastination Cycle

How To Break the Procrastination Cycle

How often do you find yourself procrastinating? Do you wish you could procrastinate less? We all know how debilitating procrastination can make us feel, and it seems to be a challenge we all share. Procrastination is one of the biggest hindrances to moving forward and doing the things that we want to in life.

There are many reasons why you might be procrastinating, and sometimes, it is really difficult to pinpoint why. You might be procrastinating because of something related to the past, present, or future (they are all intertwined), or it could be as simple as biological factors. Whatever the reason, most of us follow a cycle when we procrastinate, from the moment we decide to do something to actually getting it done, or in this case, not getting it done.

The Vicious Procrastination Cycle

For some reason, it helps to understand that we all go through the same thing, even though we often feel like the only person in the world who struggles with this. Do you resonate with the cycle below?

1. Feeling Eager and Energized

This is when you commit to taking a new action or getting something done. You are feeling confident and optimistic that, this time round, you will do it!

2. Apprehension Starts to Come Up

The beginning stages of optimism are starting to fade. There is still time, but you haven’t done anything yet, and you start to feel uneasy. You realize that you actually have to do something to get it done, and that good intentions are not enough.

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3. Still No Action

More time has passed. You still haven’t taken any action and probably have a lot of excuses why. You start to panic a little and wish you had started sooner. Your panic starts to turn into frustration and perhaps even irritability.

4. Flicker of Hope Left

You can still make it; there is a little time left and you ponder how you are going to get it done. The rush you get from leaving your task until the last minute gives you a flicker of hope. There is still time; you can do this!

5. Fading Quickly

Your hope starts to quickly fade as you try desperately to understand why you just can’t do this. You may feel desperate and have thoughts like, “What is wrong with me?” and “Why do I ALWAYS do this?” You feel discouraged, or perhaps angry and resentful at yourself.

6. Vow to Yourself

Once the feeling of anger or disappointment disappears, you most likely swear to yourself that this will never happen again; that this was the last time and next time will be different.

Does this sound like you? Is the next time different? I understand the devastating effect that procrastination has on many lives, and for some, it is a really serious problem. You also have, on the other hand, those who procrastinate but it doesn’t affect them in any way. You know whether it is affecting you or not and whether it undermines your results.

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How to Break the Procrastination Cycle

Unless you break the cycle, you will keep reinforcing it!

To break the cycle, you need to change the sequence of events. Here is my suggestion on how you can effectively break the vicious cycle you are in!

1. Feeling Eager and Energized

This is when you commit to taking a new action or getting something done. You are feeling confident and optimistic that, this time round, you will do it! The first stage is always the same.

2. Plan

Thinking alone will not help; you need to plan your actions. I always put my deadlines one or two days in advance because you know Murphy’s Law! Take into consideration everything that you need to do, how long it will take you, and what you will need to get it done, then plan the individual steps.

3. Resistance

Just because you planned doesn’t mean that this time is guaranteed to be different. You will most likely still feel the resistance so expect this. This stage is key to identifying why you are procrastinating, so when you feel the resistance, try to identify it immediately.

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What is causing you to hesitate in this moment? What do you feel?  Write them down if it helps.

4. Confront Those Feelings

Once you have identified what could possibly be holding you back, for example, fear of failure, lack of motivation, etc. You need to work on lessening the resistance.

Ask yourself, “What do I need to do to move forward? What would make it easier?” If you find that you fear something, overcoming that fear is not something that will happen overnight — keep this in mind.

5. Put Results Before Comfort

You need to keep moving forward and put results before comfort. Take action, even if it is only for 10 minutes. The key is to break the cycle and not reinforce it. You have more control that you think.

6. Repeat

Repeat steps 3-5 until you achieve what you first set out to do.

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Final Thoughts

Change doesn’t happen overnight, and if you have some deeper underlying reasons why you procrastinate, it may take longer to finally break the cycle.

If procrastination is holding you back in life, it is better to deal with it now than to deal with the negative consequences later on. It is not a question of comfort anymore; it is a question of results. What is more important to you?

Learn more about how to stop procrastinating here: What Is Procrastination and How to Stop It (The Complete Guide)

Featured photo credit: Luke Chesser via unsplash.com

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