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Who Is The Richest Person In The World? And What Makes Him Rich?

Who Is The Richest Person In The World? And What Makes Him Rich?

According to Forbes, the richest people in the world in 2016 are

#1 Bill Gates 75B

#2 Amancio Ortega 67B

#3 Warren Buffett 61B

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#4 Carlos Slim Helu 50B

#5 Jeff Bezos 45B

Any common characteristics among them? Wonder how and why they got rich?

There is one secret that almost every rich person knows. This secret is very important because it’s the reason they are rich in the first place. This big secret can be summed up in the words of the mighty Aristotle: “We are what we repeatedly do. Excellence, then, is not an act, but a habit.”

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Rich people have gone through the painful process of forming rich people’s habits, and you can become financially prosperous as well if you make up your mind to do the same. Together, let’s examine 10 habits of the richest people in the world to help you make up your mind to make these habits yours, too.

1. They are goal setters

Rich people set goals that make them rich. People don’t become rich by accident. Rich people are very deliberate: they set goals to become rich and they eventually achieve those goals. The act of goal setting itself is a very rewarding exercise because it helps you to see and feel the money you want to have even before you get it.

2. They focus on one thing at a time

A laser beam can cut through very hard objects—it can cut through almost anything, in fact—and this is because of its unusual ability to concentrate all its power on a particular spot on the object until it begins to melt. Rich people are usually like laser beams. They set outrageous goals, but they stay focused on that one goal, directing all their activities and efforts towards achieving that goal until they accomplish it. Average Joes, on the other hand, often have no focus; they just tend to do whatever comes their way and take whatever life hands them. If you want to be rich, be goal oriented and stay focused.

3. They have great respect for time

Brian Tracy said that rich people think in terms of what they earn hourly rather than monthly or annually. Because they think hourly, whenever they are spending time on unproductive activities, they think about how much they are losing with every passing moment. Rich people don’t spend too much time on social media or watching TV. They work around the clock and cannot afford to waste any minute of their day.

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4. They spend less than they earn

As simple as this may seem, it is the secret to getting wealthy: always spend less than you earn. The problem with poor-thinking people is they increase their expenses as their income increases. They buy better cars, bigger houses and they remain poor or average. Think about this in terms of percentage; if you want to be rich then follow the motto, “Save 10% of whatever you earn.” But be smart about it. As Warren Buffet said: “Do not save what is left after spending, but spend what is left after saving.” I also advise that you work with a budget and that you keep an income and expenditure statement.

5. They work very hard

Except for people who inherited great riches, I have not seen any lazy rich person. Rich people work very hard and they also work constantly. People that work hard can’t be behind, they are always on top of their profession whether they are business people, self-employed, or even employees. They always do things that ordinary people cannot do.

6. They continually learn and grow

The more you know is the more you earn. Your learning power determines your earning power. As much as it is important to work hard, hard work alone will not make you rich. Before money can be earned, value must be given in return, and the only way to add more value to your clients is by first adding more value to yourself. This can only be done through continuous learning. Make up your mind to develop new skills and gain more experience every day.

7. They keep rich company

Rich people don’t have poor friends. As the old saying goes, “Show me your friends and I will tell you who you are.” Let me tell you something: you may not have so much money right now, but as long as you keep walking with rich people or those with the potential to become rich, you will someday become very rich yourself.

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8. They are persistent

Rich people don’t give up. About 90% of rich people today did not become rich the way they originally thought or intended. They tried, they failed, and they rose up again many times before they eventually succeeded. You may lose a lot of money in the process, but you’ll keep getting better by learning from your mistakes and experiences until you get the financial independence you desire.

9. They take calculated risks

Rich people are fond of taking risks. Once they decide they want to get something, they will give whatever it takes to get it, even if it means risking their lives sometimes. If you want to become rich, don’t be afraid of taking risks. Be bold and courageous, but also be calculative. Know what each decision will cost you and never put all your eggs in one basket.

10. They are generous

Rich people are very generous. If you look at the lives of the richest people in modern history, you will discover that a lot of them are great philanthropists: people like Rockefeller, Andrew Carnegie, Bill Gates, Carlos Slim, to name a few. Make giving one of your habits today and you will become very rich someday, too.

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Last Updated on November 5, 2018

8 Powerful Reasons to Love Your Enemies

8 Powerful Reasons to Love Your Enemies

We’ve all got our enemies; people who take pleasure in causing us pain and misery. Sometimes, the development of an enemy is due to certain differences in your characters and events have led to that. Other times, some people end up hating you for apparently no reason at all.

Regardless of how you got this enemy, as opposed to the paradigm of fighting fire with fire, consider the following reasons and see why you should actually appreciate your enemies. This article will show you not only how to not be bothered by your enemies, but how to actually foster love for them.

Read on to learn the secret.

1. It’s a practical lesson in anger management

To be honest, your enemies are the best people to help you understand your sense of anger management. When it might be true that your enemies have a way of bringing out the worst in you as regards anger, it is also true that they can help you in your quest to have that anger managed. You can’t get truly angry at someone you love and it is only in that time when you get truly annoyed that you learn how to manage it.

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Anger management is more effective when it is in practice and not in theory

Your enemies are like the therapists who you need, but actually don’t want. Inasmuch as you might want to hate them, they provide you an opportunity to control the anger impulse that you have.

2. It’s an opportunity for healthy competition

You might not know it, but your enemies make for great rivals as they help harness the competitor in you (sometimes, you might not even know or bee conversant with this competitive side until you come across an adversary). You get the right motivation to compete and this can go a long way to spur you to victory.

However, while doing so, it is also essential that you remember not to become a worse version of yourself while competing. Working against an adversary is tricky, and you need to ensure that you don’t cause harm to yourself or your morals in the process. Healthy competition is all you need to get out of this.

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3. Their negative comments can help you make a breakthrough

It is true that your enemies never really have much good to say about you. However, in as much as they might be talking out of a place of hate, there might be some truth to what they’re saying.

To wit, whenever you hear something mean or nasty from an enemy, you might want to take a step back and evaluate yourself. There is a chance that what this enemy is saying is true and coming to face that fact is a major step in helping you to become a better person overall. This is another testament to the fact that enemies can be therapists in their own way.

4. Enemies can also be powerful allies

Loving your enemies can also mean making an effort to interact and make peace with them. In the end, if you are able to establish some common ground and patch things up, you’ll have succeeded in making another friend. And who doesn’t need friends?

This can also help you in working with people in the long run. You get to hone your inter-personal skills, and that can be a big plus to your ledger.

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5. It gives you the ability to realize positivity

In a multitude of negativity, a speck of positivity always seems to find its way through.

Sometimes, a knowledge of the fact that you have enemies will also help you to focus on the many positives and good things that are in your life. A lot of times, we neglect what really matters in life. This can be due to being overly concerned with the enemies we have.

However, it is also possible for this acknowledgement to spur you to take a step back and appreciate the goo things (and people who surround you).

6. There might just be a misunderstanding

Sometimes, the reason why you have an enemy might be something very innocuous. You might not have known the cause of this fractured relationship and your enemy will help complete the picture.

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Simply approaching them will help you to understand the reason for the fracture. This, in turn, can help you to work towards healing your relationship moving forward. Misunderstandings happen, and you need to be able to work around them.

7. You learn to appreciate love as well

A constant reminder of the fact that there are enemies will also help you not to take those who love you for granted. Love and hate are two opposing emotions and it is possible for one to momentarily overshadow the other.

However, while you’ll always have enemies, there will also always be people who love you. These people need to be appreciated for what they do for you. Never let the hate projected to you from your enemies take the place of that.

8. Do you really need the hate?

The truth is that enemies bring only toxic emotions and generate bad reactions from you. If you’re truly to live a prosperous life, you can’t really be carrying all this baggage around.

Hate is bad and you should try all you can to get rid of it. It is a well-known fact that nobody can get really far in life while carrying a lot of emotional baggage. Well, hate is the biggest form of emotional baggage there is.

Featured photo credit: rawpixel via unsplash.com

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