Success is a word everybody wants to attach to their existence. It comes in different situations and at different times. It can either be in education, entertainment, sports among others. Everyone wants to be successful until it comes to the big fish, Financial Success. What is it anyway and why does it even matter? Someone might ponder! Mildly, it can be defined as achieving the desired outcomes of your money.
People who have rubbed shoulders with success, especially in conquering their financial jurisdiction do not play their cards like everyone else. They put in more efforts and uniquely create their wealth and maintain it. Are they any different from the rest? Well, the answer to this highly depends on how they approach this thing called Life.
Most of the people you often look up to and admire play their cards right. To be fair, different individuals acquire wealth and property differently. The fortunate ones simply inherit from their healthy lineage. In this case the major concern would be if the persons in question can actually maintain the family wealth through proper management. It is not obvious that wealth inherited will remain. This is because it can easily disappear under a careless manager.
The second category are the ones without any family inheritance and therefore, they have worked hard to attain financial success. Names like Bill Gates, Aliko Dangote, Hamis Kiggundu, Shudir Ruparrelia etc. mean a great deal. If you have ever wondered why, you are not where you think you are supposed to be, here are the 10 common behaviors of successful people who have found or made wealthy and went ahead to maintain.
1. They do not unnecessarily watch television
The luxury of the new media like television sets, phones, social media take a great deal of time if not regulated. Most of the times spent watching or chatting with friends deprives one of the ability to think and act in the direction of attaining financial success. It consumes a lot of time that could have been put into better use. You fail to achieve your set goals when the TV set becomes your priority.
2. They are adept at making sacrifices
Financially successful people make huge sacrifices to achieve their goals. The world of today is a demanding one with people portraying luxurious lifestyles. There is the urge therefore to be like the people with see. Bad habit! It is going to make one misappropriate money to buy that pair of shoe or cloth you see on your idols, and soon you go broke. Wealthy people make opt for simple lifestyles and invest more in their businesses to be in control of their wealth.
3. Take personal responsibility for failure
Highly successful and wealthy people learn from failure. This involves recognizing these failures, learning from them and seeking new opportunities. They do not victimize themselves in case anything goes awry, and stay away from the blame games. They have no time to spend grieving about their failures, and blame no one for that. They project failure as part of the part to success.
4. Sustainable planning
Long term planning is another great habit of financially successful people. This involves overlooking the comfort of instant need for a comfortable life. They invest their capital in things that will yield more wealth in the future.
5. Invest, save and limit debts.
The habit of accumulating debts deprive one of the chances to accumulate interests and save money. Financially successful people prioritize investing money and saving returns. Saving is important because it helps to cover crisis and bad loans. It also gives one new perspective to invest the accumulated amount into productive businesses.
6. Highly creative
Financially successful people are highly innovative and they use this creativity to serve their clients to satisfaction. They spend sleepless nights thinking of how to do things differently from other competitors, so as to capture a larger clientele. Clients are the bosses and if they are not happy, your businesses is likely to retard. Getting involved in understanding how the money is made creates financial discipline.
7. Are excellent performers
Sucessful entrepreneurs always employ jaw-breaking and mind-blowing techniques to achieve the highest level of excellence. They can never settle for average, neither can they settle for good, but they go for excellent. They do more than just showing up for work, and go home when dusk falls. They go beyond the ordinary, wake up very early, and leave work in most cases late. They leave their comfort zones to achieve their goals.
8. Good listeners and learners
Highly wealthy and successful people are aware that learning is a continuous process, which must be sustained at any crucial moment of one’s life. These enterprising people are also good listeners. By paying attention to other people’s ideas, they believe this strategy will be vital in enriching their own body of innovative knowledge.
9. Passionate about what they do
Highly successful entrepreneurs have greater passion for what they do. Lack of deep interest in what one does leads to poor performance. It is advisable for any entrepreneur to spot one area he/she performs best, go after it with all their energies and efforts to deliver success. Hence great enthusiasm in what one does is likely to perpetuate self drive, resilience, patience, time consciousness, all of which are key drivers to success in business.
10. They value education
Successful people in any field believe in lifelong learning. They read books for educational value or those that are work-related. They spend painful hours listen to audio books, national budget speeches, news programs on world and national economy and other books that teach personal growth, financial management and behavior at workplace.
By and large attaining financial freedom and becoming wealthy takes more than just having a few shillings in the bank. It takes more efforts and dedication to stand out. What haven’t you been doing rightly? It is time to self-evaluate and change certain habits to employ different approaches to attain financial success.