Advertising
Advertising

7 Lessons About Success We Can Learn From The $500 Million Man

7 Lessons About Success We Can Learn From The $500 Million Man

Com Mirza, also known as the $500 Million Man, started out small with a lemonade stand. Since then, he’s launched tons of businesses. After multiple failures and bankruptcies, Mirza hit his stride. Now, he lives the good life. Through Mirza Ventures, Com invests in more than 20 different companies–all while spending his time in countries all over the world. What can we learn from Mirza’s journey from humble lemonade stand to multi-million dollar sucess? Read on to find out.

1. Start now

Whether you’re young, old, broke, a student, or stuck in a job–now is the time to start working towards your goals. Com Mirza didn’t wait until he had a degree or until he had some “extra time.” He constantly searched for entrepreneurship opportunities.

Learn from Mirza and stop making excuses. Write down your goals and start doing at least one thing every day that moves you towards that goal. It doesn’t matter if you’re doing something big or small. Just doing something is enough to get you started.

Advertising

2. Create a daily ritual

One of the best ways to stay on top of things and improve your productivity during the day is to create a daily ritual. Com Mirza isn’t the only person who does this–hundreds of CEOs and successful entrepreneurs swear by their rituals.

Need help making one? Here are daily routines of 7 entrepreneurs to help get you started.

3. Word hard (but more importantly, work smart)

The $500 Million Man believes in working hard. But, let’s be honest, anyone can work hard. Mirza knows this. That’s why he advocates not only working hard, but working smart. This means finding better ways to do things in less time. Your goal shouldn’t be to just get something done–it should be to get it done in a consistent, efficient, and intelligent manner. Here are 10 things highly productive people don’t do. Stop grinding. Start working smart instead.

Advertising

4. Don’t let failure stop you

Com Mirza likes to say he failed more times than Thomas Edison did when he was inventing the lightbulb. Mirza went bankrupt and had numerous unsuccessful businesses during his journey. But he didn’t stop.

In a study among school children the best determiner of success in classes was not IQ, but rather grit. Someone who has grit thinks long-term. They don’t let failures get in their way. Their motivation allows them to endure hardship no matter what. Com Mirza has grit. It allowes him to push past his failures and drives him to success. Be someone with grit and don’t let failures stop you.

5. Give back

Com Mirza dedicates much of his time to philanthropy–to giving back to communities and helping others. He supports organizations that save lives. Don’t worry–you don’t need to do anything that grand. You could start by volunteering some time each week to helping others. This will help keep you grounded. It promotes gratefulness. Volunteering will keep you spiritually healthy too.

Advertising

6. Always be learning

It’s important that one never stops learning. Wondering the best way to learn? Reading. Yes, books. They’re not too expensive and they are filled with more value than you’d believe. Some of the smartest people in history have poured their lessons into words set into the pages of books. Remember that daily ritual we talked about? Schedule at least 15 minutes a day to reading books that will contribute to your goals. Do this for at least a week. Try speed reading too. You’ll be amazed by how much you can learn from just a little bit of reading each day.

Need some books to read? Check out this list of life-changing autobiographies.

7. Make the right decisions

It can be hard to make the right decisions. Sometimes you’ll mess up. That’s okay. Remember number four: don’t let failures stop you. At the same time, it’s important that you don’t make your decisions blind. You should be confident in your decisions and try to make the best ones possible.

Advertising

Here’s a little exercise from the $500 Million Man. You’ll need a pen and paper. Now write down all of the big decisions you need to make on your way towards your goal. For each decision, write down why you are making the decision. If you can’t come up with any good reasons, then don’t do it.

If you can come up with good reasons, shut off your device and act on it now.

Fortune values the quick.

More by this author

21 Life Changing Autobiographies From Around The World Miraculous Photographer Erik Johansson Shows Us Behind The Scenes (Which Are Equally Miraculous) 8 Things Highly Motivated People Do Differently The Best 5 Music Apps You Won’t Want To Miss 7 Lessons About Success We Can Learn From The $500 Million Man

Trending in Productivity

1 How to Get out of a Rut: 12 Useful Ways to Get Unstuck 2 5 Must Read Self Improvement Books That Will Change Your Life 3 Feeling Defeated in Life? 9 Ways to Take Back Your Power 4 How to Use the Prioritization Matrix When Every Task is #1 5 5 Steps to Designing Your Life to Maximize Success

Read Next

Advertising
Advertising
Advertising

Last Updated on November 5, 2020

How to Get out of a Rut: 12 Useful Ways to Get Unstuck

How to Get out of a Rut: 12 Useful Ways to Get Unstuck

Have you gotten into a rut before? Or are you in a rut right now?

You know you’re in a rut when you run out of ideas and inspiration. A rut can manifest as a productivity vacuum and be a reason why you aren’t getting results. Even as you spend more time on your work, you can’t seem to get anything constructive done. Is it possible to learn how to get out of a rut?

Over time, I have tried and found several methods that are helpful to pull me out of a rut. If you experience ruts too, whether as a working professional, a writer, a blogger, or a student, you will find these useful. Here are 12 of my personal tips to get out of ruts:

1. Work on Small Tasks

When you are in a rut, tackle it by starting small. Clear away your smaller tasks that have been piling up. Reply to your emails, organize your documents, declutter your work space, and reply to private messages.

Whenever I finish doing that, I generate positive momentum, which I bring forward to my work.

If you have a large long-term goal you can’t wait to get started on, break it down into smaller objectives first. This will help each piece feel manageable and help you feel like you’re moving closer to your goal.

You can learn more about goals vs objectives here.

Advertising

2. Take a Break From Your Work Desk

When you want to learn how to get out of a rut, get yourself away from your desk and go take a walk. Go to the bathroom, walk around the office, or go out and get a snack. According to research, your productivity is best when you work for 50 minutes to an hour and then take a 15-20 minute break[1].

Your mind may be too bogged down and will need some airing. By walking away from your computer, you may create extra space for new ideas that were hiding behind high stress levels.

3. Upgrade Yourself

Take the down time to upgrade your knowledge and skills. Go to a seminar, read up on a subject of interest, or start learning a new language. Or any of the 42 ways here to improve yourself.

The modern computer uses different typefaces because Steve Jobs dropped in on a calligraphy class back in college[2]. How’s that for inspiration?

4. Talk to a Friend

Talk to someone and get your mind off work for a while. Relying on a support system is a great way to work on self-care when you’re learning how to get out of a rut.

Talk about anything, from casual chatting to a deep conversation about something you really care about. You will be surprised at how the short encounter can be rejuvenating in its own way.

5. Forget About Trying to Be Perfect

If you are in a rut, the last thing you want to do is step on your own toes with perfectionist tendencies. Perfectionism can lead you to fear failure, which can ultimate hinder you even more if you’re trying to find motivation to work on something new.

Advertising

If you allow your perfectionism to fade, soon, a little trickle of inspiration will come, and then it’ll build up with more trickles. Before you know it, you have a whole stream of ideas.

Learn more about How Not to Let Perfectionism Secretly Screw You Up.

6. Paint a Vision to Work Towards

If you are continuously getting in a rut with your work, maybe there’s no vision inspiring you to move forward.

Think about why you are doing this, and what you are doing it for. What is the ultimate goal or vision you have for your life?

Make it as vivid as possible. Make sure it’s a vision that inspires you and use that to trigger you to action. You can use the power of visualization or even create a vision board if you like to have something to physically remind you of your goals.

7. Read a Book (or Blog)

The things we read are like food for our brain. If you are out of ideas, it’s time to feed your brain with great material.

Here’s a list of 40 books you can start off with. You can also stock your browser with only the feeds of high quality blogs and follow writers who inspire and motivate you. Find something that interests you and start reading.

Advertising

8. Have a Quick Nap

If you are at home, take a quick nap for about 20-30 minutes. This clears up your mind and gives you a quick boost. Nothing quite like starting off on a fresh start after catching up on sleep[3].

Try a nap if you want to get out of a rut

    One Harvard study found that “whether they took long naps or short naps, participants showed significant improvement on three of the four tests in the study’s cognitive-assessment battery”[4].

    9. Remember Why You Are Doing This

    Sometimes we lose sight of why we do what we do, and after a while we become jaded. A quick refresher on why you even started on this project will help.

    What were you thinking when you thought of doing this? Retrace your thoughts back to that moment. Recall your inspiration, and perhaps even journal about it to make it feel more tangible.

    10. Find Some Competition

    When we are learning how to get out of a rut, there’s nothing quite like healthy competition to spur us forward. If you are out of ideas, then check up on what people are doing in your space.

    Colleagues at work, competitors in the industry, competitors’ products and websites, and networking conventions can all inspire you to get a move on. However, don’t let this throw you back into your perfectionist tendencies or low self-esteem.

    Advertising

    11. Go Exercise

    Since you are not making headway at work, you might as well spend the time getting into shape and increasing dopamine levels. Sometimes we work so much that we neglect our health and fitness. Go jog, swim, cycle, or whatever type of exercise helps you start to feel better.

    As you improve your physical health, your mental health will improve, too. The different facets of ourselves are all interlinked.

    If you need ideas for a quick workout, check out the video below:

    12. Take a Few Vacation Days

    If you are stuck in a rut, it’s usually a sign that you have been working too long and too hard. It’s time to get a break.

    Beyond the quick tips above, arrange one or two days to take off from work. Don’t check your (work) emails or do anything work-related. Relax, do your favorite activities, and spend time with family members. You will return to your work recharged and ready to start.

    Contrary to popular belief, the world will not end from taking a break from your work. In fact, you will be much more ready to make an impact after proper rest.

    More Tips to Help You Get out of a Rut

    Featured photo credit: Ashkan Forouzani via unsplash.com

    Reference

    Read Next