We’re endlessly fascinated with billionaires, but the truth is that they didn’t use magic potions or secret habits to become exceptionally wealthy and successful. Much of their daily routines are in the open, and can be repeated by anyone to bring fruitful results. You won’t become a billionaire overnight, but you can achieve wealth and get on the right track with these habits.
Here are some of the billionaire habits you can start using today:
What do Oprah Winfrey, Sara Blakely and Warren Buffett have in common? Besides having over a billion dollars and incredible success, they all have investment accounts. They know that investing is one of the best things you can do for yourself, and it’s the best gateway to true wealth.
You won’t see the benefits right away, but using this billionaire habit will allow you to reap financial benefits for years to come. If you haven’t already, consider starting with a Roth IRA, so you can reap tax-free growth towards retirement.
Reading might not seem like a big deal, but extensive studies have revealed that it’s something almost every wealthy person finds success from on a daily basis. You not only benefit from absorbing new knowledge, but your brain is firing up new synapses and you’re increasing your learning capabilities.
To start, consider penciling in just a few minutes each night. Check out the reading habits of billionaires if you need some book choice inspiration and more ways to read daily.
Don’t take “no” for answer
Besides their large investment accounts, the ultra-wealthy also all have another thing in common (which isn’t as fun): they’ve all been rejected countless times. They know better than anyone that the path to success is usually paved with thousands of failures. What separates them from others who get told “no” is that they realize it’s just one person’s opinion. They’ve realized that one (or a thousand) rejections are just a temporary obstacle, and you should too.
Are there any billionaire habits you’ve started using? I’d love to hear about them!
If you’re interested in learning more about investing, be sure to check out my firm, LexION Capital.