10 Things the 1% Do that the 99% Don’t
If you want to become wealthy and truly make an impact in your niche, it won’t be easy. If there was nothing to it, then everyone would be a wealthy industry guru, right? Any accomplishment worth striving for will take a good amount of determination and a whole lot of hard work.
Most of those people in the 1%, like Bill Gates or Jeff Bezos, didn’t just have money handed to them. They put in the time and struggled, working their way to the top. It isn’t impossible. Amazon started out of Bezos’s garage, and now it is the biggest online retailer in the world.
So what do people like Bill Gates and Jeff Bezos have in common? They developed habits that allowed them to reach their goals. If you want to move up through the ranks and reach the upper 1%, you will need to create these tendencies and habits in your own life.
Here are 10 things that you can do to help pave the way for your success.
Have a Purpose
You can’t ever get to the place you want to be if you don’t know exactly where that place is. Take some time to map out your life goals both big and small, and then figure out the steps you need to take to achieve them.
Once you know where it is you want to go, what your purpose is, then you can start taking the strides to get yourself there. Create your fulfilling life and achieve your dreams by constantly moving yourself towards your goals.
Sleep for Your Health
While it is necessary to get a certain amount of sleep in order to be healthy and have mental acuity, you don’t want to waste all your free time sleeping. If you want to reach those lofty goals, you are going to have to make a few sacrifices along the way. One of those is going to be lounging around in your bed and lazily sleeping way longer than is necessary for your health.
The average adult only needs about 7-9 hours of sleep to maintain a healthy lifestyle, but you can function moderately well on just 7. In the short term, it will feel amazing to sleep in until the absolute last minute, but consider what you can accomplish if you were to get up even one hour earlier each morning...now what happens if you get up two hours earlier?
Most truly successful people are early risers. They have already accomplished a ton of things before you’ve even wiped the sleep from your eyes.
Read. A Lot.
One of the keys to being successful is to constantly be learning, and one of the best ways to keep your mind sharp and learn new things is by developing a reading habit. There is an endless wealth of knowledge available at your local library. Isn’t it time you tapped into it?
Nearly everyone makes excuses about why they don’t read regularly, but if you make it a priority, you will get it done. If you don’t read at all, make it a point to read a book a month, and then slowly up the total until you have developed a solid reading habit. Here are a few titles to get you started.
Prioritize and Plan
Most people have a lot of things going on in their lives. There are work, family, friends, household responsibilities, and goals. If you are going to be successful and achieve the purpose you have set out for yourself, you are going to have to prioritize.
Is it more important to watch an hour of TV or work on your business plan? Is it important to spend five hours at the bar on the weekend with your friends, or would you be able to accomplish more if you only met up for happy hour?
Create your list of priorities, and then make your plans. Create a daily to-do list before you go to sleep each night that way you can start the day with a clear purpose. When you schedule your time, you will naturally find places where you are wasting it.
Spend Your Money Wisely
When you are trying to claw your way to the top, you are going to have to tighten your belt. Launching your own business, investing, or any other entrepreneurial pursuit has to be funded. You aren’t going to be able to start a business, even an online one, without forking over a little bit of cash.
However, most people are too busy spending their surplus dollars on new clothes, going out to eat, or weekends spent drinking with friends. You need to spend your money more wisely if you want to reach the 1%. Once you are there, then you can be a little more frivolous.
Consider Your Health
If you want to have the energy to go after your goals, then you are going to have to stay relatively healthy. You will need to make a healthy diet and daily exercise (something I suggest is using the Cross Rope Weighted Jump Rope for your exercise - it's a fun way to get fit and I'm currently on day 60) part of your routine, and you will have to stick with it. There is no time for sick days when you are trying to hustle.
Look at the most successful people you know, the majority of them are going to be concerned about living a healthy lifestyle. That means no binge-drinking and no drugs. You will need to eat plenty of fruits and vegetables. Take your multi-vitamin and go for your morning run.
Protect Your Boundaries
There are always going to be haters. It doesn’t’ matter what it is you are setting out to do, someone will have something negative to say about it. Protect your boundaries like a prison guard.
Even the well-meaning people in your life may not understand your goals. While they aren’t trying to hate, they will try to sidetrack you into other activities. You are going to have to learn to tell people no. Remember, no is a complete sentence. You don’t have to qualify it with an excuse. Simply say, “No, I can’t do that right now.”
Learn to Adapt
Every year, you should be different than you were the year before. If you are growing and moving toward your dreams, you will constantly have to adapt to your new situation or new knowledge. To be successful, you can’t stay stagnant.
Every time that you change or adapt, you are making a decision and accepting the choice that you have made. All of those decisions create a new person. Hopefully, a better person, but certainly a new person.
Accept Constructive Criticism
If you are on the right track, you will constantly be growing as a person. This will require a mentor to help guide you along the way, and you should be asking for constructive criticism or simple feedback on a regular basis.
This feedback will help you see where you have grown already, and where you have opportunities to improve. It is imperative that you find a person that truly has your best interests at heart when you are asking for feedback. Remember what we said about the haters! Getting poor feedback of criticism that isn’t constructive is worse than not getting any at all.
Find Someone to do the Small Stuff
There are only so many hours in the day. You have to eat, sleep, and shower which whittles them down even further. If you work a day job, then that eats a lot more of your available time. The bit that is leftover, that is where you make your dreams come true.
You can’t waste it. You don’t get very much of it, so it is imperative that you use it wisely. Sometimes, that means getting someone else to do the small stuff.
Start in your daily life. Automate as many bills as you can so that you don’t have to spend time clicking pay each month. Start doing the drive-up grocery shopping thing that the big chains are offering. Use the Amazon pantry auto-fill service for your household supplies. If you can afford it, hire a housekeeper to stop by every couple of weeks. Any way that you can shave a few hours off of your responsibilities, the more time you get to work on pushing your goals forward.
Once you launch your business, there will be a ton of other things that you can delegate to other people. Administrative tasks, bookkeeping, social media management, anything that you don’t have to do yourself gives you more time to work on the big projects.
Are You Ready to Get Started?
Getting to the top isn’t going to be easy, but it wouldn’t be worth it if it was. Start honing your focus, working on your discipline, and making the decisions that will get you closer to the future that you want.
If you are ready to start your entrepreneurial journey, then I would also like to take the opportunity to invite you to claim your free copy of my brand new book "77 Life Hacks for Aspiring Entrepreneurs". I explain all of the life hacks that are proven for success so you can craft the life of your dreams.