5 Habits From the Rich You Can Copy to Make You Successful

Tom Handy

Your daily routine can take you to the next level in life

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Asa kid, I wanted to be rich and I started to make different decisions than others. When friends asked me to borrow some money, I usually had money to lend them. Instead of partying in college, you probably could have found me in the library studying.

To have a different life, you have to make different choices in life. The choice you make may not be the most popular choice. You may look strange among your friends.

This past year, while many people lost their jobs and business, the rich grew richer. Sometimes you have to make different habits especially if you want to survive in times like this.

Every year, I run a calculation on my assets which includes bank accounts and investments. This year I was very surprised as I saw the asset column go up several figures.

I am not the smartest person in the room. I made different decisions in life to get to where I am today. I am not saying that to brag, but to be successful in life, you have to make different decisions.

Studies show that 88% are self-made millionaires. For billionaires, the figure shows 55% are self-made. If you want to join either one of these groups, you need to make similar decisions that these people made.

Rule #1 The rich focus on opportunities, not obstacles

“Opportunity lies in the place where the complaints are.”
Jack Ma

Jack Ma said that there are challenges today and there will be challenges in the future. It all depends on how you look at the challenges where you can create an opportunity.

The opportunity lies in the challenges. Just as 2020, presented many challenges for everyone, some were prepared for the challenges while others were not.

Several big businesses quickly adjusted to the pandemic. Many small businesses declared bankruptcy. A few big businesses did not adapt and they closed up shop. Thinking outside of the box helped these big companies grow in times like this.

Rule #2 The rich associate with positive successful people

“Life is too short to hang out with people who are not resourceful.”
Jeff Bezos

You have heard the saying you are the sum of the five people you hang around with. This is so true. Your closest friends can really help or hurt you in life.

In life, you want to associate with people you would like to be. Find good friends and keep them with you for the rest of your life.

Mark Zuckerberg said, “Having friends is really valuable.” Some of Mark’s friends in college helped him start Facebook which is now a billion-dollar company.

Another billionaire Warren Buffett said, “The friends will form you as you go through life.”

The people you spend time with give you ideas and help you as you move on in life. Sometimes you have to be selective and seek out someone to help you move further along in life.

Rule #3 The rich are voracious readers

“Reading is the gateway skill that makes all other learning possible.”
Barrack Obama

Billionaire Warren Buffett reads five or six hours a day. You don’t hear Buffett talking about what happened last night on Saturday Night Live or The Late Show with Steven Colbert. Sometimes you have to make different choices in life to have a different future.

Other billionaires who stress reading include Bill Gates and Elon Musk. They didn’t become billionaires watching television all day.

On average, an American who is 18 years or older spends four hours watching television every day. The same group also spends 3 hours and 45 minutes on their smartphone. Using some of this time to read can help rather than spending it on social media.

Rule #4 The rich grow bigger than their problems

“The only difference between a rich person and poor person is how they use their time.”
Robert Kiyosaki

Years ago, actor Dwayne Johnson was released from the Canadian Football League. Johnson had $7 in his pocket, no place to live, and he moved back in with his parents at the age of 24. This inspired him to get off his ass and get back to work.

Today Dwayne Johnson is a recognized celebrity and A-list actor. His current net worth is over $320 million. He earns approximately $20 million per film so his net worth is likely to increase.

Instead of complaining about a problem, use your mind and motivation to routine change the issues you face in your life. Everyone has the same amount of time, but it is how you use your time that makes a big difference.

Rule #5 The rich are willing to promote themself and their values

“Values are like fingerprints. Nobody’s are the same, but you leave them all over everything you do.”
Elvis Presley

A person has to be comfortable sharing themself and their values with the world. A few years ago, a college student asked Warren Buffett what college students can do to make themself more valuable in the workplace? You would think Buffett would respond by investing in a stock. Instead, Buffett said to take a course in sales.

Without the ability to influence and persuade, no one will know who you are. You will be limited in the ability to share what you or your business can do for others. If Buffett never took the Dale Carnegie course for public speaking, Buffett could be a rich person sitting in Omaha that few people would have heard of.

Buffett was a quiet and reserved person in college. He took college classes where he didn’t have to speak. After taking the public speaking course, this gave him the confidence to share his words of wisdom.

What habit are you going to adopt this year?

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