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

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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.

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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.

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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.

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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.

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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.

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Last Updated on January 27, 2022

5 Unexpected Places to Boost Your Productivity

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5 Unexpected Places to Boost Your Productivity

The environment of a typical office or a quiet library may sometimes lessen your productivity as the unchanging views fail to stimulate your senses and keep your brain running. If you are the kind that dislikes absolute silence or minimal noise when working, these unexpected places to work may boost your productivity level!

1. Coffee shops

Research has shown that an adequate amount of ambient noise stimulates your senses and keeps you alert. Where else better to find some chatter and clatter to boost your creative juices? Working in the coffee shop also guarantees something else: unlimited supplies of caffeine!

Caffeine wakes you up by fooling adenosine receptors and speeds transmitting activities up in your nerve cells.If you do decide to try this place out, make sure that your work computer is facing the coffee shop customers so you will be less likely to procrastinate or go to inappropriate sites because people are secretly watching you.

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If your workplace requires you to be in the office, try this website and/or phone app that provides you with sounds from coffee shops around the world. Want to work at a cafe in Paris? No problem, it’s just a button away.

2. Cafeterias

Similar to coffee shops, company cafeteria or food courts provide consistent noise and the smell of food. The aroma of food makes you look forward to your next break and should motivate you to complete your work.

The act of eating likewise keeps your brain alert and produces dopamine. But make sure only to snack and stay around 60% full so that each bite is rewarding and invigorating. Snacking every 90 minutes should keep your brain balanced enough to focus on the work at hand.

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3. Empty University Classrooms  

Whether or not you’re an university student, we have all been a student at some point in our lives. And when you’re in a classroom, your brain is primed to stay focused because you have been conditioned to concentrate in class. In comparison to your bedroom, where your brain is primed to relax, sleep and have fun, the environment of the classroom triggers your memory to stay alert (unless you never listened in class) and work.

If you do decide to try working in an empty university classroom, be sure to bring a studious friend. Once you see that your friend or coworker is working hard, you would feel guilty for procrastinate and be more competitive.

Ever heard of environmental context-dependent memory? Research has shown that environmental context influences the way we encode information. If you study in the same place you first learned the material, your chances of recalling the information are significantly increased. Use environmental cues to your advantage so you spend less time doing more work!

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4. Outdoors

Fresh air, sunlight, cool breeze. Talk about getting your vitamin Ds the natural way. A healthy body is crucial to being productive. If you have a porch, use it to maximize your productivity!

On a cool day, the crisp air is good for waking your brain up. If your work station is indoors and poorly ventilated, the build up of carbon dioxide will cause your brain to be less active, hence, less productive. Try to bring some work to a park nearby or an unsheltered town square where you are exposed to the sun. Fresh air will vitalize your brain and the warm sunlight will bring a smile to your face.

5. The Shower 

Many people experience their “Aha!” moments when they’re in the shower. Why is that? The hot water helps with circulation and improves blood flow to your brain, giving it more oxygen and nourishment to break down your work block.

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If you aren’t motivated to work or feeling bored, a good shower will not only open up your pores, but also give your brain a boost of energy. Keep a waterproof white board and markers in the washroom so you will never lose those wonderful ideas again!

Featured photo credit: Thomas Franke via unsplash.com

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