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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.

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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 June 1, 2021

7 Signs That You’re Way Too Busy (And Need to Change That)

7 Signs That You’re Way Too Busy (And Need to Change That)

“Busy” used to be a fair description of the typical schedule. More and more, though, “busy” simply doesn’t cut it.

“Busy” has been replaced with “too busy”, “far too busy”, or “absolutely buried.” It’s true that being productive often means being busy…but it’s only true up to a point.

As you likely know from personal experience, you can become so busy that you reach a tipping point…a point where your life tips over and falls apart because you can no longer withstand the weight of your commitments.

Once you’ve reached that point, it becomes fairly obvious that you’ve over-committed yourself.

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The trick, though, is to recognize the signs of “too busy” before you reach that tipping point. A little self-assessment and some proactive schedule-thinning can prevent you from having that meltdown.

To help you in that self-assessment, here are 7 signs that you’re way too busy:

1. You Can’t Remember the Last Time You Took a Day Off

Occasional periods of rest are not unproductive, they are essential to productivity. Extended periods of non-stop activity result in fatigue, and fatigue results in lower-quality output. As Sydney J. Harris once said,

“The time to relax is when you don’t have time for it.”

2. Those Closest to You Have Stopped Asking for Your Time

Why? They simply know that you have no time to give them. Your loved ones will be persistent for a long time, but once you reach the point where they’ve stopped asking, you’ve reached a dangerous level of busy.

3. Activities like Eating Are Always Done in Tandem with Other Tasks

If you constantly find yourself using meal times, car rides, etc. as times to catch up on emails, phone calls, or calendar readjustments, it’s time to lighten the load.

It’s one thing to use your time efficiently. It’s a whole different ballgame, though, when you have so little time that you can’t even focus on feeding yourself.

4. You’re Consistently More Tired When You Get up in the Morning Than You Are When You Go to Bed

One of the surest signs of an overloaded schedule is morning fatigue. This is a good indication that you’ve not rested well during the night, which is a good sign that you’ve got way too much on your mind.

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If you’ve got so much to do that you can’t even shut your mind down when you’re laying in bed, you’re too busy.

5. The Most Exercise You Get Is Sprinting from One Commitment to the Next

It’s proven that exercise promotes healthy lives. If you don’t care about that, that’s one thing. If you’d like to exercise, though, but you just don’t have time for it, you’re too busy.

If the closest thing you get to exercise is running from your office to your car because you’re late for your ninth appointment of the day, it’s time to slow down.

Try these 5 Ways to Find Time for Exercise.

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6. You Dread Getting up in the Morning

If your days are so crammed full that you literally dread even starting them, you’re too busy. A new day should hold at least a small level of refreshment and excitement. Scale back until you find that place again.

7. “Survival Mode” Is Your Only Mode

If you can’t remember what it feels like to be ahead of schedule, or at least “caught up”, you’re too busy.

So, How To Get out of Busyness?

Take a look at this video:

And these articles to help you get unstuck:

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Featured photo credit: Khara Woods via unsplash.com

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