10 Practical Billionaires Habits to Supercharge Your Success

Habits and Success

What do names like Bezos, Gates, Musk, and Buffet all have in common? These are some of the richest men on earth, those who’ve scaled the heights of wealth. However, beyond the glitz of zeros on their net worth, billionaires possess habits that are the foundations of their remarkable achievements.

In this quick read, we aim to inspire you to succeed with practical habits from some of the biggest names in business and the corporate world.

1. Rise and Shine Early

“Early bird gets the worm” seems to ring true for most billionaires. Skimming around interviews involving most billionaires reveals that most have a penchant for rising before the rest of the world. The sereneness of the moment might be providing them with valuable time for focused thought and preparation.

Jeff Bezos, Howard Schultz, Martha Stewart, and Tim Cook, are all early risers. Apple CEO Tim Cook adheres to a strict schedule, resting from 10:00 p.m. to 3:45 a.m. daily, with some meditation first before starting the rest of his day.

2. Prioritize Health

If you want to attest to the transformative benefit of a health rep, just check out Jeff Bezos’ impressive body transformation. Every billionaire probably ever interviewed places a great emphasis on their health, maybe a little later in their success journey. Warren Buffet is nearly clocking a century and is still as lucid and sharp as a 30-year-old.

Brazilian entrepreneur Lirio Parisotto, for instance, burns 1,000 calories during each workout session. Many billionaires incorporate their favorite sports into their fitness regimen, as sports impart lessons in winning and losing, valuable skills in business and life. Billionaire Mark Zuckerberg has said in the press that he trains in MMA and Jiu-Jitsu at least three times a week.

But healthy living isn't just about exercise; it encompasses meditation and a nutritious diet. A wholesome family life including spending moments with loved ones is also among the must-haves. It also includes taking a breather when necessary. If you’re a worn-out student thinking “I need someone to write essay for me”, consider reliable writing services that can help you catch a break when you need it.

3. Cultivate a Reading Habit

Billionaires' reading preferences vary widely, from the Wall Street Journal to various books on finance, science, history, and self-help.

Warren Buffett, an avid reader, attests to the value of books as a source of knowledge, usually spending about 5-6 hours per day reading. Elon Musk has been famously quoted as saying that he immersed himself in books for about 10 hours each day during his school years. His path to understanding rockets and generating groundbreaking ideas? Reading, he said.

Bill Gates, once famously approximated reading 50 books a year—that’s nearly one book per week. His enthusiasm for books runs so deep that his parents had to institute a rule against reading at the dinner table.

Oprah Winfrey, the first Black billionaire woman, not only reads extensively herself but also encourages her talk-show viewers to adopt this habit. Her "Oprah's Book Club" catapults featured books to instant bestsellers.

Jeff Bezos and books is a no-brainer since this is where Amazon has its roots. His book recommendations can be found in Brad Stone's book on Amazon, aptly titled "Jeff's Reading List."

4. Allocate Time for Contemplation

Billionaires dedicate time to self-reflection, often through meditation or other activities that help them think deeply. Kim Beom-Su, a successful South Korean Internet entrepreneur, uses his mornings to contemplate. Oprah Winfrey, a media mogul, advocates meditation to encourage self-reflection.

Setting aside time for introspection fosters creativity by allowing one clarity of thought. Whether it's a long shower or a peaceful walk, this habit can spark innovative ideas.

5. Commit to Routines

When routines are consistently practiced, they yield significant, long-term results. Many of the billionaire habits like waking up early, exercising, reading, and contemplation are also firmly undergirded by routine.

Kim Beom-Su's routine, for instance, includes waking up between 5 to 6 a.m., exercising, reading, and enjoying breakfast with his family before starting work. The key is committing to these routines even on days when motivation is lacking.

6. Embrace Discipline

Discipline is a hallmark of billionaires. They set high standards for themselves and those around them. In sports, discipline is vital for consistent training, and the same applies to life and career. Reducing distractions and remaining committed to personal growth are essential.

Investor Michal Solowow shared his daily struggle with the "lazy" voice inside his head. However, he perseveres by reminding himself not to cheat himself out of progress.

7. Network Actively

They say money attracts money, but it should be more of your network that attracts money. Billionaires understand the power of a valuable network.

They build strong relationships with other successful individuals. Elon Musk has spoken highly of his fruitful relationship with and admiration for Oracle founder, Larry Ellison. Musk has also stated that he surrounds himself with people who are smarter than him in at least one area, thus sharpening his mindset in the process.

8. Innovate Constantly

Innovation and constantly trying out new things are a cornerstone for building wealth and achieving success, as billionaires recognize. They continuously seek new ways to solve problems and create value. Experimentation with fresh ideas and concepts is an ongoing process, as they aim to stay ahead in a rapidly changing world.

9. Maintain a Strong Brand

Billionaires understand the importance of a strong personal brand. Their brand reflects their values and reputation, which they diligently build over time. Trust in the marketplace grows as a result, further fueling their success.

10. Stay Adaptable and Never Quit

If there’s one thing that Elon Musk is really, good at, it’s staying adaptable and coming out of negative situations even stronger. His companies like Tesla and SpaceX have faced bankruptcies and heavy setbacks multiple times, but they always rebound in leaps. His never-say-die attitude is endearing.

Life is unpredictable, and billionaires excel at adapting to changing circumstances. They are unafraid of changing course and are perpetually on the lookout for new opportunities.

On Your Path to Success

Life is all about the journey, not the destination address. Slowly pick up these habits one by one and as early as you can. Remember, the road to success is paved with consistency, discipline, and a commitment to self-improvement.

While you may not become a billionaire overnight (or even ever), adopting these principles will set you on a path of continuous growth and achievement.

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