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10 Lessons Everyone Can Learn From These Millionaires and Billionaires Who Started With Nothing

10 Lessons Everyone Can Learn From These Millionaires and Billionaires Who Started With Nothing

What unites all humans is our ability to strive for our dreams: to overcome obstacles, defy expectations, and dare to believe in the most fragile of things – ourselves.

We are not here to deify the super-rich. They are not intrinsically smarter, more enlightened, or happier simply because of their mind-boggling fortunes. There are exceptionally successful people whose impact is not measured in dollars, but in justice prevailing, crafts mastered, children nurtured.

Wealth is not a signifier of worth, but it can signal victory over the fears that haunt us all. To say these people started from nothing is a lie. None of us have nothing. As long as we have air in our lungs and thoughts in our heads, we’ve got some powerful resources to work with. These millionaires and billionaires started with those resources, too, and created so much more.

1. As a lonely student he realized video gaming made him reclusive, so he turned the camera on himself, gaining 31 million subscribers and counting.

Felix “PewDiePie” Kjellberg, the most subscribed YouTuber:

Felix Kjellberg

    How do you make money just playing video games? You become the guy everybody wishes they could play with. Yes, you’re good, so good that you can pick up any game and play it marginally well the first time. Then you film yourself playing every game out there – especially the stuff no one’s even heard of. But most importantly, you have fun.

    Felix doesn’t endorse stuff like many YouTubers. He literally just plays video games. And sticks chopsticks up his nose to see if he can sneeze with a straight face. From the beginning, Felix read every comment to learn from his audience. He let their comments be his guide, but he never compromised his conscience. He is genuine, relatable, and honest. He cares more about building his audience through content that meets his standards of integrity and fun than about making money. That’s the guy everyone wants to play with.

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    2. As a college student, she stopped going to class and chose to invest her parents’ college savings in an idea that is revolutionizing medicine.

    Elizabeth Holmes, founder and CEO of Theranos:

    Elizabeth Holmes

      Who has the gall to ask, “What is the greatest change I could make in the world?” and actually follow through with it? At nineteen, Elizabeth had an idea that medical testing should be accessible by the people who need the information – the patients themselves.

      She didn’t make a big fuss about her idea; she just quietly went about getting it done. “I just decided I would figure out how to make it work.” When asked how she has that much conviction, she answered, “You have to believe in yourself.” Maybe that’s too simple. Or maybe it is that simple.

      3. He arrived in the US at 16 with only $500 and worked through college until he went on to engineer a thriving business out of a failing auto parts manufacturer.

      Shahid Khan, CEO of Flex-N-Gate and owner of the Jacksonville Jaguars:

      Shahid Khan

        Shahid has an amazing talent for turning adversity into opportunity. Throughout his life, when he found himself in situations that seemed completely un-winnable, he has consistently been able to find the one leverage point to turn it all around. As he’s done so, he’s rescued thousands of American jobs that would have been lost without his savvy.

        He’s applying his innovative know-how to a new project: re-inventing the Jacksonville Jaguars. If he can turn this team around, he will prove again the power of his never-say-die optimism.

        4. Taught remedial English before starting as a stand-up comic at age 40.

        Joy Behar, long-time co-host of Emmy-winning talk show “The View”:

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        Joy Behar

          Most middle-aged women will tell you they have an unwanted superpower: they’re invisible. When Joy’s divorce went through, she decided she had nothing else to lose. Instead of surrendering to invisibility, she grabbed the mike and demanded to be seen. After years in the biz, she caught the attention of Barbara Walters who brought her on “The View.” She rode that wild ride for 16½ years.

          Joy calls it like she sees it. In an interview with John McCain before the 2008 election, she pressured him to answer for his “lies” on air, and this won her the admiration of many who feel that journalists don’t do enough to call politicians to task. Now she is in the position to pursue an abundance of opportunities or enjoy retirement at age 72 with over $8 million in the bank

          5. Raised by his mother and disabled father in housing projects, he would go on to create business that became a household name around the world.

          Howard Schultz, founder and CEO of Starbucks:

          Howard Schultz

            Waking at 4:30 each morning, Howard’s habits of hard work have served him throughout his life. He turned a football scholarship into business opportunities that allowed him to travel internationally. On a trip to Europe, he enjoyed the café culture that was missing in the US. Coming home, he invested in a small coffee shop business and turned it into the global presence we know today.

            Because he grew up in a home where his father’s disability condemned the family to poverty, he created one of the most progressive systems of benefits for Starbucks employees. While Starbucks has its critics, Howard takes this criticism personally. He genuinely wants to create a business of passion and substance, which is why he’s up at 4:30 and continually striving to improve.

            6. Rose from a frightening childhood to become the daily voice of hope for billions of people through The Oprah Show.

            Oprah Winfrey, CEO of Harpo Productions and The Oprah Winfrey Network:

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            Oprah Winfrey

              Name the obstacle, and chances are Oprah’s faced it. Poverty, abuse, racism, sexism, excessive weight. She doesn’t hide these struggles, which is one reason why she is able to connect with so many people. In a public forum, she doesn’t parade her issues about, but she doesn’t pretend that they don’t exist either. She, like PewDiePie, is the friend you wish you had.

              Oprah also trusts that what fascinates her will fascinate her audience, too. She dares to create what she longs to see in the world. And when she does, she builds foundational systems to sustain projects and seeks out aligned leaders to get the job done.

              7. When he couldn’t get hired by KFC, he hatched his own plan to create the largest eCommerce site in China.

              Jack Ma, founder of Alibaba:

              Jack Ma

                Jack is a quirky fellow, and those quirks haven’t always worked to his advantage. In fact, for quite a while his life was an embarrassing mess. He never gave up, and eventually found himself on a business trip to the US where he saw the success of eCommerce. He decided he could recreate that in China. Out of an apartment, he began a business that is now worth over $20 billion.

                Jack’s success comes from his ability to cooperate with people and create circumstances that solve critical problems. The edge he has over his competitors is that he created a system to address the distrust of eCommerce. Customers weren’t buying because they weren’t sure they would get what they paid for. When Jack led a team to fix this, the business boomed.

                8. As a cocktail waitress living in her car, she sobered up to start a multi-million business from a phone booth.

                Dani Johnson, motivational author and speaker:

                Dani Johnson

                  Dani posted handwritten fliers for a weight-loss product in a post office, and from a pay phone she made calls to potential customers. Calling a successful weight-loss center as a customer, she wrote down everything they asked her. Then she called her list of leads and asked those questions. It worked. She didn’t ask for someone to give her permission. She used the little she knew about the world to start something and just repeated what worked.

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                  Dani also learned the greatest key to success: don’t sell the product, don’t talk about yourself, just focus completely on the customer. Get them talking about themselves, listen, and then help them solve their problems.

                  9. As a boy in Sweden, he sold products door-to-door before starting the furniture company at 17 years old.

                  Ingvar Kamprad, founder of IKEA:

                  Ingvar Kamprad

                    While you may have never heard of this man, even Fight Club’s Tyler Durden had an IKEA catalog. His anonymity is one of Ingvar’s keys to success. It’s been said that he’s taken the bus to red carpet events and that he’s so thrifty that he keeps salt and pepper packets. He has made a concerted effort to remain an “everyman” so that he stays connected to the people his products are created for.

                    The other major key to Ingvar’s success: he knows the minute details of his business. His knowledge is encyclopedic. That only comes when a person takes the time learn and realizes that these little details matter.

                    10. Cleaned floors to support himself and his disabled mother on welfare before creating the messaging app used by billions of users.

                    Jan Koum, co-founder of WhatsApp:

                    Jan Koum

                      Jan has a distinct dislike for the clutter advertising adds to our lives. Growing up in Soviet-era Ukraine, advertising was absent from his daily life. When he immigrated to the US at 17, he saw how it affected the visual experience and effected business at Yahoo! where he later worked. WhatsApp does not sell ads and collects as little information as possible about its users so that it can focus on its mission.

                      Jan’s success has also come from his passion for the idea of private, convenient, inexpensive communication. He knows first-hand what it’s like to not be able to connect with those he cares about or fear that what is said will be monitored for political control. His passion and principles are solid, guiding every choice he makes.

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                      Published on January 16, 2019

                      How to Effectively Manage a Heavy Workload at Work

                      How to Effectively Manage a Heavy Workload at Work

                      We’re all busy, but sometimes we go through periods where the work piles up and it seems like it might never end.

                      You might have such a heavy workload that it feels too intimidating to even start.

                      You may have said yes to some or too many projects, and now you’re afraid you won’t be able to deliver.

                      That’s when you need to take a step back, take a deep breath, and start looking at what’s working and what’s not working.

                      Here’re 13 strategies you can use to get out from under your overwhelming workload:

                      1. Acknowledge You Can’t Do It All

                      Many of us have a tendency to think we can do more than we actually can. We take on more and more projects and responsibility and wear numerous hats.

                      We all have the opportunity to have and take on more work than we can reasonably expect to get done. Unfortunately, our workload is not static. Even now, while you are reading this article, I’m guessing that your inbox is filling up with fresh new tasks.

                      To make real, effective progress, you have to have both the courage and resourcefulness to say, “This is not working”. Acknowledge that you can’t do it all and look for better solutions.

                      At any given time in your life, there are likely many things that aren’t going according to plan. You have to be willing to be honest with yourself and those around you about what’s not working for you, both personally and professionally.

                      The more you exercise your ability to tell the truth about what’s working and what’s not working, the faster you’ll make progress.

                      2. Focus on Your Unique Strengths

                      Whether you’re an entrepreneur, a leader or working as part of a team, every individual has unique strengths they can bring to the table.

                      The challenge is that many people end up doing things that they’re simply not very good at.

                      In the pursuit of reaching your goals or delivering a project, people end up doing everything themselves or taking on things that don’t play to their unique strengths. This can result in frustration, overwhelm and overwork.

                      It can mean projects taking a lot longer to complete because of knowledge gaps, or simply not utilizing the unique strengths of other people you work with.

                      It is often not about how to complete this project more effectively but who can help deliver this project.

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                      So, what are your unique strengths that will ensure your workload is delivered more effectively? Here’re some questions to help you reflect:

                      • Are you a great strategist?
                      • Are you an effective planner?
                      • Is Project Management your strength?
                      • Is communication and bringing people together your strength?
                      • Are you the ideas person?
                      • Is Implementation your strength?

                      Think about how you can bring the biggest value to your work and the projects you undertake.

                      3. Use the Strengths of Your Team

                      One of the simplest ways to manage your workload effectively is to free up your time so you bring your highest level of energy, focus and strengths to each project.

                      Delegation or better teamwork is the solution.

                      Everyone has unique strengths. It’s essential to think teamwork rather than working in isolation to ensure projects can be completed effectively. Besides, every time you give away a task or project that doesn’t play to your unique strengths, you open up an opportunity to do something you’re more talented at. This will empower both yourself and those around you.

                      Rather than taking on all the responsibilities yourself, look at who you can work with to deliver the best results possible.

                      4. Take Time for Planning

                      “Give me six hours to chop down a tree and I will spend the first four sharpening the axe”. – Abraham Lincoln

                      One hour of effective planning could save hours of time. Rather than just rushing in and getting started on projects, take the time to map everything in.

                      You can take the time to think about:

                      • What’s the purpose of the project?
                      • How Important is it?
                      • When does it need to be delivered by?
                      • What is the best result and worst result for this project?
                      • What are the KPIs?
                      • What does the project plan and key milestones look like?
                      • Who is working on this project?
                      • What is everyone’s responsibilities?
                      • What tolerances can I add in?
                      • What are the review stages?
                      • What are the challenges we may face and the solutions for these challenges?

                      Having absolute clarity on the project, the project deliverables and the result you want can save a lot of time. It also gets you clear on the priorities and timelines, so you can block out the required amount of time to focus and concentrate.

                      5. Focus on Priorities

                      Not everything is a priority, although it can often feel, in the moment, that it is.

                      Whatever you’re working on, there is always the Most Urgent, Important or Most Valuable projects or tasks.

                      One tool you can use to maximize your productivity and focus on your biggest priorities is to use the Eisenhower Matrix. This strategic tool for taking action on the things that matter most is simple. You separate your actions based on four possibilities:

                      1. Urgent and important (tasks you will do immediately).
                      2. Important, but not urgent (tasks you will schedule to do later).
                      3. Urgent, but not important (tasks you will delegate to someone else).
                      4. Neither urgent nor important (tasks that you will eliminate).

                      James Clear has a great description on how to use the Eisenhower Matrix: How to be More Productive By Using the Eisenhower Box

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                        The method I use with my coaching clients is to ask them to lay out their Top Five priorities for the day. Then to start with the most important priority first. At the end of the day, you review performance against these priorities.

                        If you didn’t get everything accomplished, start the next day with your number one priority.

                        If you are given additional task/projects during the day, then you will need to gauge their importance V the other priorities.

                        6. Take Time Out

                        To stay on top of a heavy workload, it’s important to take time out to rest and recuperate.

                        If your energy levels are high and your mind and body is refreshed and alert, you are in more of a peak state to handle a heavy workload.

                        Take time out of your day to go for a walk or get some exercise in. Leave early when possible and spend time with people who give you a lot of energy.

                        In the background, it’s essential to get a good night’s sleep and eat healthily to sharpen the mind.

                        Take a look at this article learn about The Importance of Scheduling Downtime.

                        7. Maintain a Healthy Work-Life Balance

                        Maintaining a healthy work-life balance can be tough. The balance we all crave is very different from one another.

                        I’ve written before about 13 Work Life Balance Tips for a Happy and Productive Life. Working longer and harder doesn’t mean achieving more, especially if you have no time to spend with the people that matter most. The quality of who you are as a person, the relationships you have, the time you spend in work, deciding on what matters most is completely within your control.

                        Work-life balance is about finding peace within yourself to be fully present, wherever you are, whether that be in the office or at home, right now. It’s about choosing what matters most and creating your own balanced life.

                        If you feel there is not enough balance, then it may be time to make a change.

                        8. Stop Multitasking

                        Multi-tasking is a myth. Your brain simply can’t work effectively by doing more than one thing at a time—at least more than one thing that requires focused attention.

                        So get your list of priorities (see earlier point), do the most important thing first, then move to the next item and work down your list.

                        When you split your focus over a multitude of different areas, you can’t consistently deliver a high performance. You won’t be fully present on the one task or project at hand.

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                        If you allocate blocked time and create firm boundaries for specific activities and commitments, you won’t feel so overwhelmed or overworked with everything you have to do.

                        9. Work in Blocks of Time

                        To keep your energy up to produce your best results it’s essential to take regular breaks.

                        I use the 60-60-30 method myself and teach it to my coaching clients.

                        Work on a project for a sustained period of 50 minutes.

                        Then take a 10-minute break. This could be taking a walk, having a healthy snack or just having a conversation with someone.

                        Then continue to work on the project for a further 50 minutes.

                        Then take another 10-minute break.

                        Then take a complete 30-minute break to unplug from the work. This could be time for a proper lunch, a quick bit of exercise, reading or having a walk.

                        By simply taking some time out, your energy levels stay up, the quality of your work improves and you reduce the risk of becoming burned out.

                        10. Get Rid of Distractions

                        Make an estimation on how many times you are distracted during an average working day. Now take that number and multiply it by 25. According to Gloria Mark in her study on The Cost of Interrupted Work, it takes us an average of 23 minutes and 15 seconds to return to the original task after interruption.[1]

                        “Our research has shown that attention distraction can lead to higher stress, a bad mood and lower productivity.”

                        Distractions don’t just take up your time during the distraction, they can derail your mental progress and focus for almost 25 minutes. So, if you are distracted 5 times per day, you could be losing almost 2 hours every day of productive work and almost 10 hours every week.

                        If you have an important project to work on, find a space where you won’t be distracted, or try doing this.

                        11. Commit Focused Time to Smaller Tasks

                        You know sometimes, you need to simply tackle these tasks and take action on them. But there’s always something more pressing.

                        Small tasks can often get in the way of your most important projects. They sit there on your daily To Do list but are often forgotten about because of more important priorities or because they hold no interest for you. But they take up mental energy. They clutter your mind.

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                        Commit to spending a specific period of time completing all the small tasks you have on your To Do list. It will give you peace of mind and the space to focus more on your bigger priorities.

                        12. Take a Time Audit

                        Do you know exactly where your time is going each day? Are you spending too long on certain projects and tasks to the detriment of bigger opportunities?

                        Spend a bit of time to analyze where you are spending your time. This insight will amaze you and give you the clarity to start adjusting where you focus your time and on what projects.

                        You can start by taking a piece of paper and creating three columns:

                        Column A is Priority Work. Column B is Good Work. Column C is low value work or stuff.

                        Each day, write down the project or task and the time spent on each. Allocate that time to one of the columns.

                        At the end of the week, record the total time spent in each column.

                        If you are spending far too much time on certain types of work, look to change things so your focused time is in Column B and C.

                        13. Protect Your Confidence

                        It is essential to protect our confidence to ensure we don’t get overwhelmed, stressed and lose belief.

                        When you have confidence as a daily resource, you are in a better position to problem solve, learn quicker, respond to anything, adjust to anything, and achieve your biggest opportunities.

                        Confidence gives you the ability to transform fear into focused and relaxed thinking, communication, and action. This is key to put your mind into a productive state.

                        When confidence is high, you can clearly see the possibilities at hand and create strategies to take advantage of them, or to solve the challenges you face each day.

                        Final Words

                        A heavy workload can be tough to deal with and can cause stress, burnout and ongoing frustration.

                        The key is to tackle it head on, rather than let it go on and compound the long-term effects. Hopefully, you can take action on at least one of these tips.

                        If it gets too much, and negatively affects your physical and mental health, it may be time to talk to someone. Instead of dealing with it alone and staying unhappier, resentful and getting to a point where you simply can’t cope, you have to make a change for your own sanity.

                        Featured photo credit: Hannah Wei via unsplash.com

                        Reference

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