10 Principles of Famous Billionaires That You Should Adopt To Succeed In Life

By Andrew Alpin, 22 February 2018

What do the likes of Mark Zuckerberg, Bill Gates and Elon Musk have in common? Rather than focus on the moolah they rake in by the billions, they are more preoccupied with advancements in technology and health for a better quality of life for the human race. Bill Gates gives away money by the millions. This proves that money isn’t the primary focus of such men who aren’t frauds or scammers in the least. Each of them started with a dream project of their own which they worked on relentlessly till it hit gold. Today all of these men aren’t defined by the extravagance which neither of them possess rather they are defined by their modesty and the extent of their donations to charity.

Billionaires with a conscience are the men to look for inspiration

If you are aware of what’s going on in the lives of these men, you’ll know that gates were actually surprised when his company went public and turned into a billion-dollar company. He was just mad over software. Musk is forever trying to put something or the other into space, does he really need to? And Mark Zuckerberg regardless of his Billions still lives like a kid next door preferring to work in a cubicle because at Facebook, no one has a private cabin not even Zuckerberg. This is why men like these should be looked up to for inspiration and you can start by following these principles of billionaires which can change your life for the better.

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1Identify a goal and formulate it correctly

Identifying a goal, planning it and pursuing it even in the midst of challenges and chaos keeps you motivated and alive. Such a strategy influences the correct decisions if anything goes wrong. Take Steve Jobs, he didn’t want to invent a phone as a communication device, he wanted to put a computer in the palm of one’s hand. He redefined the conventional walkman and put 500 songs in a youngsters pocket in the shape of the iPod.

Saying you want to bake cakes for the money is wrong but aspiring to succeed as a name with your own bakery brand where your cakes will be sold, that is the idea, to formulate an identity that sets you on a continuous path for improvisation and success.

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2Make a plan but follow it

When Elon Musk drew up his ambitious plans of space travel, he didn’t purchase a rocket from some other technology manufacturer, he found ways and means to revolutionize the cost of space travel where his latest rocket the falcon heavy isn’t just the worlds heaviest rocket capable of carrying loads heavier than usual, it has cut down the costs of satellite launching to a drastic extent. For Musk, it isn’t the destination that counts; it is the means that will get you to the destination that is important.

Planning both long and short-term goals will help you identify your weaknesses and strengths along your journey where you may find likeminded people that will create even better opportunities to reach your goals.

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3Never limit or hold yourself back

Emotional intelligence is when you do not surpass yourself but know when and where to display your emotions. This helps to achieve success and be more in control of yourself. Suppressing your emotions can impact your well being and be bad for your emotional and physical health.

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4 Love the things that you do

Unless you aren’t passionate about what you do like your job, business or goals, then your journey is going to be dull, monotonous and endless. Mark Zuckerberg shares an anecdote about Kennedy who upon walking into NASA Space Center in 1962 saw a janitor engrossed in sweeping the floor so much so he did not even notice the president. When Kennedy spoke to him ‘Hi, I am John Kennedy. What are you doing here?’ the janitor replied ‘I am working so that humanity could go to the Moon, Mr. President.’ ”

It wouldn’t be easy to change your attitude if you don’t love your job. It would be better to work in something that you love doing so that it provides you a pathway to success.

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5 Spend money consciously

Said Steve Jobs ““Spending a dollar wisely is more difficult than earning it.”  Rather than go b y an expensive train or air journey to another state, consider purchasing a good pair of sneakers and hitch-hike. Attend foreign language courses that will help you in work or vacation concerning a foreign country. Being passionate about your goals in life will make sacrifices of the lavish things in life an easy one.

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6Time should be utilized wisely

Time is one of the most valuable resources when working or running a business. Wasted time will never be returned back to you and though we don’t mean being busy with no play or recreation, it’s all about spending and managing time wisely that makes the difference. This is what Zuckerberg says about time. “I want to cleanse my life from things that don’t have any sense. It seems to me that I cannot do my job if I spend some part of my energy on stupid and frivolous things (like choosing clothes) in my life.” —

You are blessed with one big ability when it concerns wasting time and that is the ability to say NO. Say no to useless gossiping, unending hours on social media and trying to multitask only to stop halfway. Time management should be how to spend your time without wasting it.

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7Get your priorities right

If you are passionate about opening a bakery but can’t bake cookies, then you shouldn’t divert from your goal and attend cooking classes. Employ an expert who will bake them for you and open a venture together. Elon Musk is obsessed with space and the solar system but do you think he can actually go there, which is why he indulges in researching space technology that will carry him to his goal.

.Make it a habit of chalking out your main priorities in life and never try to take on to much like them monkey who wanted to grab all the marbles but ending up dropping all. Becoming a jack of all trades and trying to succeed in everything only results in failure and is a waste of time and energy.

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8Don’t complicate your life

If you try to write a sentence with too many words and too large words, it will end up incorrect. Keeping it simple achieves the same meaning, the same message and also makes it correct. In the same way, complicating your life by going about tasks in a roundabout way without using the resources of technology and progress to make it simple can only waste time and lead to failure and stress.

Says Richard Branson ‘” “The desire to complicate things is your enemy. Everyone can create something complex. It’s hard to do something simple.” 

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9Refuse stereotypes and don’t live according to the priories of others

A woman’s place ISNT in the Kitchen, REAL men DO CRY. Gone are the ancient ways of thinking otherwise. Living by a stereotype distorts reality and prevents you from leading a quality life. It also forces you to live by the rules of others where you surpass your own growth.

Said Steve Jobs “Your time is limited. That’s why you shouldn’t lose it by living other people’s lives. Do not fall into the trap of dogma. Do not let the noise of other people’s opinions beat your inner voice.” 

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10Live not only for yourself

Billionaires today regard philanthropy as the ultimate satisfying factor of their success. Many of them like Bill Gates simply give money away to improve society. However according to Zuckerberg “Millenials are one of the generations that sent the most money to charity throughout history. But it’s not only about the money; you can donate your time as well.” 

Spending time and energy for the advancement of society gives you immense peace and self-appreciation. However, this too needs a priority factor where children in need of food and shelter are more important than a neighbor’s lazy husband.

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11You won’t get rich overnight

As a principle of Billionaires, Getting rich comes by passion, dedication and hard work. Just as Rome wasn’t built in a day, neither was Microsoft, Facebook, Google and Tesla. Take it one step at a time. Success doesn’t mean only money, it means loving what you do and learning to make the correct decisions in life to be content.

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