Monday, August 16, 2010

Habits of Billionaires



Habit 1: Always exceed expectation
Self made millionaires always exceed expectations. There are three kinds of people at work: Those who meet expectation, those who exceed expectation and those who do just what they are told to do. People who exceed expectations add value to any organization wherever they work.
 Habit 2: Be proactive
Don’t just sit and watch things happening – Be the change you want to see!
Asian currency crisis of Singapore in 1997 hit many companies every hard. However, CEO Ron Sim of Osim International (a company that develops luxury massage chairs) took the proactive action and entered new markets like Hong Kong and Taiwan. Result: Profits of Osim increased!
 Habit 3: Take 100% responsibility
Don’t blame Government, climate, society, parents, education or anyone else please. People who make millions take 100% ownership of their life.
Habit 4: Delayed Gratification
What if you have a goose which gives a golden egg each day? Will you be happy on an egg a day or will you try to open the stomach of goose to get all golden eggs at once? As a result, there won’t be any egg at all.! There are lots of years invested by people before they get an ‘overnight’ success. Invest before you get returns.
Habit 5: Love what you do
If you don’t find the job you love the love the job you find!
If you love what you are doing, you don’t have to work another day in your life.
If a person is obsessed with the work he or she is doing, results are far superior than the person who is just doing the work for sake of doing it.
Habit 6: Act with integrity
“What was the key factor leading to your wealth”? When this question was asked by Thomas Stanley, majority of 733 multi-millionaires responded ‘being honest with people’. Surprising point: his factor was way ahead of other factors like ‘making wise investments’, ‘working hard’ and ‘having a competitive spirit’.
Habit 7: Be 100% committed
Wishing is not enough, a ‘burning disciplined eager desire’ is needed to achieve results. A person gets some thing when it becomes and absolute MUST.
Habit 8: Turn failure into success
“My policy is to learn from the past, focus on the present, and dream about the future. I’m a fi rm believer in learning from adversity. Often the worst of times can turn to your advantage, my life is a study of that” – Donald Trump, after turning around his $935 million debt into a $3.7 billion fortune. Remember the life story of Mr. Steve Jobs of Apple Computer? Read his story from http://wp.me/pHUHq-b6
Habit 9: Respect and love money!
Take a pause and think: Do you think that money is evil? Do you think it is bad? Rethink if you want to be a millionaire as all self made millionaire respect and love money!Above ideas are from international bestselling book by Adam Khoo: Secrets of Self-made Millionaires. You can visit his website www.adam-khoo.com

No comments: