Being a person on planet Earth with at least 10 figures for a net worth is no easy feat. While being a billionaire is most people’s dream, it’s very few people’s reality. That’s because it’s easy to wish you were a billionaire, it’s another to develop the behaviors and ideas that get you there.
If you look above and below the surface, you’ll find that most billionaires have several things in common. The same behaviors lead to success in multiple people. Most of these behaviors belong to millionaires too. After doing some serious research, I’d like to share with you some behaviors of billionaires you must copy if you want to be rich.
Waking Up Early – No one gets a pass on this one. Billionaires aren’t ones to sleep in. Billionaire Elon Musk says he sleeps exactly 6 hours each day. So while the rest of the world thinks you need 8-10 hours of sleep each night, billionaires like Elon keep sleep short and sweet. They use it to recharge, not to be lazy.
When you wake up before the sun, you enjoy the benefits of a full day. While most people are sleeping, billionaires are up working, getting a leg up on the marketplace and the people in it. When you have a lot on your mind and a lot on the line you have no time to waste on beauty sleep.
Growing Every Day – in order to bare the responsibilities of having billions of dollars, you have to be willing to grow more and more each day. You can’t be the same person you are when you have millions as you need to be to have billions. You must be in a constant state of expansion.
Larry Ellison, who has a reported net worth of almost $50 billion dollars, has dedicated his entire life to growing every day. He’s learned to grow daily through mistakes. He’s been quoted saying “I’ve had all the disadvantages required for success” which means he’s had to grow in order to endure all the hardships he bore while getting where he is today.
Controlling Your Own Time – There are two phases in a billionaire’s life. One phase where they are trading time for dollars. Another phase where they are trading dollars for time. Time is the only thing you can not buy more of. We all have a finite amount of time, and what you do with yours makes you who you are.
Sir Richard Branson is known for his stand up meetings. He doesn’t like to sit down in meetings. He says “I find that standing up in a meeting is a quicker way of getting down to business.” He’s even known for his walking meetings. The point is, he knows his time is valuable, so he controls it, not the other way around.
Believing Anything Is Possible – I’m sure that along the way to billions, plenty of people tell you what you’re doing can’t be done. Sean Parker says “I suffer from this delusion that every product of my imagination is not only possible, but always on the cusp of becoming real” This belief has led Sean Parker to having a net worth of $2.4 billion.
Most living billionaires started with a dream. They dreamed that something that didn’t exist, would one day be created by them. Such as Sean Parker, who wanted a way to share music. He started Napster as a result of that and is now a heavy investor in Spotify.
Taking Massive Action – No one ever made a billion dollars from an idea. They made a billion dollars by making an idea come true. There’s a huge difference. Most of us walk around every day and come up with great ideas. “What if they had this” or “We need someone to invent this” and while you and I have ideas, what we don’t have is billion dollar execution plans. Thinking up cool shit is one thing, taking action to make it real is another.
Take Bill Gates, the world’s richest man for example. He wanted people to have a computer operating system that was easy to use and universally transferable. He could have easily just sat around and waited for someone else to code it, but instead he gathered up his friends and they took massive action.
Delegating Everything – Billionaires realize they can’t do everything alone. Do you think Elon Musk knows how to make cars, batteries, online banking and space ships? GTFOH! He may be super smart, but he can’t know everything about all that stuff. It’s impossible. What he does know how to do, is delegate task to the proper people.
One of the key factors to Elon’s success is his ability to spot and hire talent. From scientists, to marketing executives, Elon is well known for his delegation skills and his ability to leverage other people’s skills to further his mission. In other words, delegate as much out as you can.
Getting Paid For Their Time – Mark Cuban once said “Never do meetings unless someone is writing a check” If you don’t value your time, neither will others. When you’re a billionaire, everyone wants your time. They wanna pick your brain, ask you to invest with them and everything in between. If you’re going to spend your time doing something, you need to get paid for it.
The thing about billionaires is that they have a high net worth and a high self worth. They know their value and if someone tries to devalue them, they dismiss them. if you’re trading time for anything, you better be trading it for money.
If you really want to be a billionaire, you gotta start thinking and acting like one. Starting with the above listed seven behaviors will get your started down the right path. You’ll never reach the top without ’em. Copy these behaviors and you’ll see increase in all areas of your life. After all, you want to be a happy billionaire right? Not one of the evil billionaires from the movies that area always trying to destroy the world.
We don’t have any billionaires yet, but there’s plenty of millionaires and million dollar producers in our Break Free Academy Entourage program. You become who you spend the most time with, I’m inviting you to hang with us. Find out the details at www.breakfreeacademy.com/entourage
