Working for passion and still rich like Bill Gates, Elon Musk, the secret lies in the ‘billionaire qualities’ and 5 motivations, the last thing not everyone can do!
Why is success so hard to achieve? What is special about rich people that we don’t have? Is there any formula for accumulating huge wealth like them?
Tom Corley – author of “Successful Habits of Self-Made Millionaires” has spent 5 years researching to help you answer these questions. After observing and recording the daily habits of 233 rich people (with an annual income of at least $160,000 and a net worth of at least $3.2 million), he realized that every millionaire goes through four stages. basic:
1. Saving – Invest: No matter what job they are doing, people in the billionaire group keep the habit of saving and investing. They always think of ways to increase their assets constantly instead of letting them rest on record numbers.
For example, Elon Musk – the richest man on the planet but accepts to sell all his real estate to live in a mobile apartment of just over 30 square meters called Boxabl Casita. It is known that a standard apartment of 36 square meters like Elon Musk’s costs $ 50,000 – lower than the AWD engine that is equipped on the Model X.
In an interview with Business Insider, Elon Musk shared that selling off real estate is a way for him to quickly realize SpaceX’s goal of conquering space.
2. Advancement: Most billionaires have worked and contributed to large corporations until they achieved certain achievements, such as senior management positions with huge salaries.
Most millionaires have gone through 4 basic stages
3. Experts: After a long period of non-stop striving, they reached the top of the best. These are all people who make efforts and of course the income is also proportional to the effort spent.
Take Bill Gates as an example. As of May 2021, Bill Gates earned $ 41 billion after just one year – a number that is not small at all. According to Business Insider’s calculations, this means that every second that passes, Gates earns about $4,630.
4. Passion: Most billionaires “love” what they do. Simply because they both help them satisfy their passion and help them earn a lot of money.
Elon Musk, the crazy guy who dreams of dying on Mars, has poured tons of money into his ambition to conquer the universe. This billionaire’s SpaceX has undergone a 20-year journey full of energy, from the doubts of only 1% of success to the step-by-step process of conquering new historical milestones. Despite speculation and skepticism, Musk has, until now, aspired to colonize the red planet.
According to CNBC, about 28% of the wealthy people studied by Corley belong to this group. They have an average of $7.4 million in assets and accumulated them over just over 10 years. Therefore, Corley believes that passion is the fastest but also the most difficult way to get rich. “At the worst times, you feel like you’ve just stepped into hell. There are always a lot of barriers, failures, mistakes and financial difficulties,” one of the self-made billionaires said. share the same with Tom Corley.
Most billionaires “love” the work they are doing because it both helps them satisfy their passion and helps them make a lot of money.
However, they still overcame difficulties and achieved certain achievements. Corley pointed out five motivations for them to do just that:
Dislikes working for others: People who follow their passion prefer to work for themselves, not for anyone else. They hate being ordered around and want to do things their way. For example, in the authoritarian working environment at Tesla, everything from big to small is decided by Elon Musk alone. Musk admits that most of what he has built so far is not because he wants to, but because he has to.
– Set goals: Daily, monthly, yearly and long-term goals are set and strictly adhered to. For the rich, define goals as “something to be achieved” rather than “something that can be achieved”.
– Continuous self-improvement: No matter how busy, this group always spends at least 30 minutes a day reading, exercising, attending seminars, classes, and networking.
Bill Gates is a prime example and Corley also agrees that the rich prefer learning to entertainment: “88% of rich people read books for at least 30 minutes a day, mainly for self-study and self-improvement. “.
– Humility: Rich people usually don’t spend money on unnecessary things. In this regard, you can study Bill Gates. At the beginning of his career or even now, you rarely see this billionaire eating luxury goods or driving expensive cars.
– Don’t be discouraged by failure: Challenges for the rich are just a way for them to improve themselves. This group is very persistent because they believe they will succeed. So if you meet a self-made millionaire, don’t be jealous because they’re rich. Be envious of their tireless efforts.
According to: CNBC
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
