Advertising
Advertising

10 Habits That Separate Successful And Unsuccessful People

10 Habits That Separate Successful And Unsuccessful People

There is no secret recipe to become a successful person. There is no manuscript or film you can watch to become successful. What are the things that recognize a person as successful or unsuccessful? Some conventional habits and characteristics are the things that separate the strong from the weak. Successful people set forth their habits to achieve excellence and unsuccessful people do not settle on their terrible habits and struggle. Here are the key differences in habits between the two types of people.

1. Strong sense of self-awareness

With a strong sense of self-awareness you would be able to go out with confidence and you can face challenges and hold a faith in yourself that you can handle the ups and downs that come with living. Successful people have a strong sense of self-awareness: they know who they are and they are comfortable with themselves. They recognize themselves as unique individuals.

On the other hand, unsuccessful people have a narrow-minded vision of themselves and their character in the world. They might be extremely good at work and want to contribute towards changing the world or the environment they live in, but their effort is self-oriented and personally driven.

Advertising

2. A desire to improve

The desire to improve generates challenges, experiments, which gives purpose and positive change. Even a failed attempt will create opportunities or challenges almost always more positive than total failure to act. Unsuccessful people generally don’t take risks and feel comfortable by staying on the “safer” side. They won’t feel happy going out of their comfort zone.

Successful people look forward to growing and take action to make positive changes in their careers. Irrespective of the desire of the attempt to improve, and regardless of the actual outcomes, this is an important difference between successful and unsuccessful people.

3. Expressed appreciation

You will hardly catch a successful person talking about his or her successes. In fact, a successful person rarely talks about him or herself. Successful people understand great success is the outcome of a team’s hard work. They give importance to the assistance they get from others.

Advertising

Unsuccessful people find a wrong spot in everything and will display failures and hide others’ successes. They use a negative tone with other people around them and do not believe in anything.

4. Sense of ownership

Successful people look forward to learning from mistakes. They recognize their faults and take responsibility to make sure not to repeat mistakes again. They are accountable for their own actions.

On the other side, unsuccessful people are persistent; they think they are always right and they know it all, and consider themselves superior to everyone else.

Advertising

5. Target and goal-oriented

Effective people have short-term and long-term goals which give them direction to meet success. That serves as a guideline and helps keep themselves motivated and on track. They set actual goals they can accomplish while unsuccessful people scramble to discover what they need to do next.

6. Confidence to face any problem

A truly successful person is never defeated by issues that appear in front of them any time. They put up a fight no matter how bad the situation. Successful people’s determined spirit gets stronger with problems. When they fall, they get back up.

7. Big-picture thinking ability

Big-picture thinking brings totality and maturity to an effective person’s thinking which broadens his or her outlook by striving to learn from every experience. While small thinking of unproductive people shortens their vision and leads them to become a follower, not the front-runner.

Advertising

8. Approach towards work

Another commonality found in the successful is they find pleasure in their work. They focus on essential parts of their work that are quantifiable. That gives them the greatest sense of achievement and brings happiness at work. Unproductive people focus thinking on survival, and take all the good credit from others.

9. Value of time

Productive and effective people never waste time. Successful people endow a great value on their time. They understand time is the most treasured asset they possess, so they do everything they can to acquire supreme results.

Unsuccessful people cannot get ahead in life, because they don’t value time in their life. They look for any excuse to take a break from what they are doing. They get confused and they love putting things pending until the next day. They don’t complete work, responsibilities or projects on time.

10. Ability to delay gratification

Successful people possess higher patience, an aptitude to postpone the enjoyment of their work. They have an ability to work hard to accomplish a goal which is not achieved for a long time. It takes a lot of skills unsuccessful people lack or have not experienced. These comprise proper planning for the upcoming challenges, association, self-confidence and tolerance. These sorts of people by and large can’t see the forest through the trees.

Featured photo credit: gawker.com via i.kinja-img.com

More by this author

10 Traits of Sucessful Heroic Leaders 25 Signs That You’re A Mentally Strong Person 10 Astonishing Benefits of Marmite That Will Turn Your Hatred Into Love 5 Fun Ways to Make Money Online That You Should Try 4 Crucial Startup Mistakes That Can Kill Your Business: How You Can Avoid

Trending in Productivity

1The Productivity Paradox: What Is It And How Can We Move Beyond It? 210 Best Time Management Books Recommended By Entrepreneurs 3What Is Procrastination (And the Complete Guide to Stop Procrastinating) 46 Simple Steps to Make Progress Towards Achieving Goals 5Secrets to Organizing Thoughts and Ideas (So You’ll Never Lose Ideas!)

Read Next

Advertising
Advertising

The Productivity Paradox: What Is It And How Can We Move Beyond It?

The Productivity Paradox: What Is It And How Can We Move Beyond It?

It’s a depressing adage we’ve all heard time and time again: An increase in technology does not necessarily translate to an increase in productivity.

Put another way by Robert Solow, a Nobel laureate in economics,

“You can see the computer age everywhere but in the productivity statistics.”

In other words, just because our computers are getting faster, that doesn’t mean that that we will have an equivalent leap in productivity. In fact, the opposite may be true!

New York Times writer Matt Richel wrote in an article for the paper back in 2008 that stated, “Statistical and anecdotal evidence mounts that the same technology tools that have led to improvements in productivity can be counterproductive if overused.”

There’s a strange paradox when it comes to productivity. Rather than an exponential curve, our productivity will eventually reach a plateau, even with advances in technology.

Advertising

So what does that mean for our personal levels of productivity? And what does this mean for our economy as a whole? Here’s what you should know about the productivity paradox, its causes, and what possible solutions we may have to combat it.

What is the productivity paradox?

There is a discrepancy between the investment in IT growth and the national level of productivity and productive output. The term “productivity paradox” became popularized after being used in the title of a 1993 paper by MIT’s Erik Brynjolfsson, a Professor of Management at the MIT Sloan School of Management, and the Director of the MIT Center for Digital Business.

In his paper, Brynjolfsson argued that while there doesn’t seem to be a direct, measurable correlation between improvements in IT and improvements in output, this might be more of a reflection on how productive output is measured and tracked.[1]

He wrote in his conclusion:

“Intangibles such as better responsiveness to customers and increased coordination with suppliers do not always increase the amount or even intrinsic quality of output, but they do help make sure it arrives at the right time, at the right place, with the right attributes for each customer.

Just as managers look beyond “productivity” for some of the benefits of IT, so must researchers be prepared to look beyond conventional productivity measurement techniques.”

How do we measure productivity anyway?

And this brings up a good point. How exactly is productivity measured?

In the case of the US Bureau of Labor Statistics, productivity gain is measured as the percentage change in gross domestic product per hour of labor.

But other publications such as US Today, argue that this is not the best way to track productivity, and instead use something called Total Factor Productivity (TFP). According to US Today, TFP “examines revenue per employee after subtracting productivity improvements that result from increases in capital assets, under the assumption that an investment in modern plants, equipment and technology automatically improves productivity.”[2]

In other words, this method weighs productivity changes by how much improvement there is since the last time productivity stats were gathered.

But if we can’t even agree on the best way to track productivity, then how can we know for certain if we’ve entered the productivity paradox?

Possible causes of the productivity paradox

Brynjolfsson argued that there are four probable causes for the paradox:

Advertising

  • Mis-measurement – The gains are real but our current measures miss them.
  • Redistribution – There are private gains, but they come at the expense of other firms and individuals, leaving little net gain.
  • Time lags – The gains take a long time to show up.
  • Mismanagement – There are no gains because of the unusual difficulties in managing IT or information itself.

There seems to be some evidence to support the mis-measurement theory as shown above. Another promising candidate is the time lag, which is supported by the work of Paul David, an economist at Oxford University.

According to an article in The Economist, his research has shown that productivity growth did not accelerate until 40 years after the introduction of electric power in the early 1880s.[3] This was partly because it took until 1920 for at least half of American industrial machinery to be powered by electricity.”

Therefore, he argues, we won’t see major leaps in productivity until both the US and major global powers have all reached at least a 50% penetration rate for computer use. The US only hit that mark a decade ago, and many other countries are far behind that level of growth.

The paradox and the recession

The productivity paradox has another effect on the recession economy. According to Neil Irwin,[4]

“Sky-high productivity has meant that business output has barely declined, making it less necessary to hire back laid-off workers…businesses are producing only 3 percent fewer goods and services than they were at the end of 2007, yet Americans are working nearly 10 percent fewer hours because of a mix of layoffs and cutbacks in the workweek.”

This means that more and more companies are trying to do less with more, and that means squeezing two or three people’s worth of work from a single employee in some cases.

Advertising

According to Irwin, “workers, frightened for their job security, squeezed more productivity out of every hour [in 2010].”

Looking forward

A recent article on Slate puts it all into perspective with one succinct observation:

“Perhaps the Internet is just not as revolutionary as we think it is. Sure, people might derive endless pleasure from it—its tendency to improve people’s quality of life is undeniable. And sure, it might have revolutionized how we find, buy, and sell goods and services. But that still does not necessarily mean it is as transformative of an economy as, say, railroads were.”

Still, Brynjolfsson argues that mismeasurement of productivity can really skew the results of people studying the paradox, perhaps more than any other factor.

“Because you and I stopped buying CDs, the music industry has shrunk, according to revenues and GDP. But we’re not listening to less music. There’s more music consumed than before.

On paper, the way GDP is calculated, the music industry is disappearing, but in reality it’s not disappearing. It is disappearing in revenue. It is not disappearing in terms of what you should care about, which is music.”

Perhaps the paradox isn’t a death sentence for our productivity after all. Only time (and perhaps improved measuring techniques) will tell.

Featured photo credit: Pexels via pexels.com

Reference

Read Next