The Mindset Mentor - 5 Habits of Billionaires
Episode Date: January 5, 2018Episode 372 - Want to be successful? Do what the most successful people do. In this episode, I give the 5 habits that I see of the most successful people in the world. Want to learn more about Mindset... Mentor+? For nearly nine years, the Mindset Mentor Podcast has guided you through life's ups and downs. Now, you can dive even deeper with Mindset Mentor Plus. Turn every podcast lesson into real-world results with detailed worksheets, journaling prompts, and a supportive community of like-minded people. Enjoy monthly live Q&A sessions with me, and all this for less than a dollar a day. If you’re committed to real, lasting change, this is for you.Join here 👉 www.mindsetmentor.com My first book that I’ve ever written is now available. It’s called LEVEL UP and It’s a step-by-step guide to go from where you are now, to where you want to be as fast as possible.📚If you want to order yours today, you can just head over to robdial.com/bookHere are some useful links for you… If you want access to a multitude of life advice, self development tips, and exclusive content daily that will help you improve your life, then you can follow me around the web at these links here:Instagram TikTokFacebookYoutube
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rob at mwfmotivation.com. Okay. Today, what we're going to be talking about is the five major habits that I found almost every successful person has
Now the first one which I think is probably the most important
but for some reason I find that almost every single successful person does this and
Tim Ferriss in his new book talks about that he's interviewed hundreds and hundreds of
millionaires and billionaires and influencers and some of the most successful people in the world. And the first thing that he says that 85
to 90% of them wake up early and have some sort of morning routine. And so if you just look at
some of the people that I was able to find out have morning routines, you have Jack Dorsey,
who started Twitter. He wakes up at 5.30 every single morning and he's a multi-billionaire.
Richard Branson who obviously founded Virgin and many companies and is a multi-multi-billionaire as well.
He says he wakes up at 5.45 every single morning.
He actually opens his shutter so that the sun, when it comes in, it comes into his room and makes him wake up.
You also look at Tim Cook who is the CEO of Apple. He says he
wakes up at 4.30 every single morning. You look at Howard Schultz, who's the guy who founded and
is the CEO of Starbucks. He wakes up at 5.30 every morning. So the number one thing that I find
that most successful people, extremely successful people do is they wake up early and they have some
sort of morning routine. And you might ask yourself, why would they wake up early and they have some sort of morning routine. And you might ask
yourself, why would they wake up early? The reason why is because that's the time where they can
focus on themselves. When you go into the office or you go into work, usually you're on someone
else's time, whether you own your own business and you're on all of your employees' time,
making sure everything's in place and everything's going the right way. Or number two is you're on your
boss's time if you work for somebody. So if you have to leave your house at 8 a.m. and you wake
up at 7.30, you jump in the shower and all of those things, you leave at 8, you're waking up,
immediately waking up to go into somebody else's time. That's what you're doing. You're focusing
on somebody else as soon as you wake up in the morning. These people like to focus on themselves so they wake up a couple hours early.
They meditate.
They do morning routines.
They journal.
They have workout exercises.
They have a routine so they wake up a couple hours early to work on themselves before they
do anything else.
It's just like when the plane is going down, they say put the oxygen on yourself first. When you wake up in the morning, focus on yourself first because that will then
make everybody else around you and make your life better as well. So the first thing
is obviously a morning routine. The second thing that I found with the most successful people
is they are very, very big on not only making goals, but actually writing their goals down. And this is key
because 40 years ago, Harvard did a study and they found out that out of everyone that was in their
classes or students that were there, only about 3% of them actually wrote their goals down on a
piece of paper. Now, some people knew their goals or what their goals were, but not all of them,
only 3% of them wrote them down with a piece of pen and paper and wrote
it down. And what they found 30 years down the road when they went back and looked at them
was that that 3% that wrote down their goals were 10 times more successful than the other 97%
30 years down the road. So if you could take a page out of their book, for some reason,
writing down your goals makes it seem real in
your brain. It makes you clarify exactly what you want. It makes you put a date and a deadline on
exactly what you want. Sometimes it makes you look at it and say, well, now that this is on a piece
of paper, I need to actually make a plan of how to hit these goals versus them just floating around
in your brain. So if you have goals or New Year's resolutions that you're working on,
don't just let them float around in your brain.
Put them on a piece of paper.
Put a deadline to it.
Put a goal down on a piece of paper and figure out when you're going to do it,
the plan of what you have to do to get there, how you're going to get there.
All of those things are important.
So the most successful people write it down on a piece of paper
because when it's in your brain, it's just kind of floating around in your brain.
But when it's on a piece of paper, it is physical and it is now something that is real and exists in the world.
So the second thing they do is they write down all of their goals.
The third thing that I found with most successful people is they have a habit of creating mentors, like going out and actually finding mentors or actually finding coaches to make them
be better at whatever it is that they're working towards. And there was a study that I found that
said that the average millionaire over the course of their lifetime has had seven very serious
mentors or coaches. Now, why is that important? Because if you're trying to get really good at
something or you're in a certain industry, why not take your time, your money, your energy and invest it into getting a mentor or a
coach who's been doing it longer than you? Because here's the thing, they could teach you 20 years of
experience of what they've done right, what they've done wrong, most importantly, and they could teach
you all of that in a much shorter period of time than it would take you to
go out, make mistakes, and learn for yourself. So basically what a coach or a mentor does is it
shortens your learning curve. You know, what they learned in 20 years in the industry, you might be
able to learn in two years. That gives you an extra 18 years to get better at whatever it is that
you're focusing on. So if you don't have a mentor, you don't have a coach, ask yourself, how can you find a mentor or coach? Whether that's someone, a lot of people
say, I wish I could find a mentor that I don't have to pay for. But when I was 19 years old,
I paid $500 a month, which was more than I paid in rent to have my very first mentor, which at that
point in time, I thought I was crazy. My friends thought I was crazy too, but it was the best
decision I ever made because it got me to be successful a lot quicker than if I had just tried to go out and
figure it out myself. And when you pay to have a mentor versus just having a friend who is a mentor,
but when you have a paid mentor, they actually, because of the fact they're accepting your money,
they actually feel some sort of responsibility for your success. So they're more likely to help you
along the way of success and go out of their way to help you be more successful as well. So the
third thing that I found for the most successful people in the world is that they always have
mentors and coaches. The fourth thing that I found as far as a habit is positive self-talk.
They believe in themselves. They have self-confidence.
And I want to tell you this, nobody's born with self-confidence. Confidence is something that
you pick up along the way to success. But what they seem to realize is that they believe in
themselves. And when they believe in themselves, they're much more likely to get there. And the
way that I like to think about it is this. My favorite analogy dealing
with the way that we think in our minds has to do with a garden. So the analogy is think of your
mind as a garden and you are the only person that can tend to this garden. Nobody else can.
It's impossible to go out and plant strawberry seeds in that garden and expect that somehow
you're going to grow tomatoes. It's impossible. You can't put strawberry seeds in that garden and expect that somehow you're going to grow tomatoes. It's impossible.
You can't put strawberry seeds in the ground and get tomatoes. Just like you can't plant negative
thoughts or talk to yourself negatively in your head and expect that you're just going to have
positive life or a positive outcome or a positive attitude, right? You have to learn that when,
because let's be honest, most of us are really, really harsh on ourselves.
We would never talk to somebody that we love the way that we talk to ourselves in our own heads.
That should not be the case though. So when you start to notice yourself talking down to yourself, you need to immediately stop it and replace that thought with something positive.
Because at this point in time, if you've been talking down to yourself for a while, it's,
it's somewhat of a habit. And the only way to actually break a habit is to stop it as soon as you get into the middle of it.
As soon as it starts, you try to stop it as quickly as possible.
And what you have to realize is you can't always control your first thought at this point because that's your automatic thought.
But you can always control your second thought.
So that's something that you need to concentrate on is to have positive self-talk, to make yourself believe in yourself
more than anything else.
And the fifth thing that I found
for the most successful people in the world
is that they read often.
The average CEO reads 60 books per year.
60, and we're talking about CEOs.
These are people who are already at the top of companies.
Read 60 books per year.
That's more than one per week.
And so if you look back at the
past year, how many books have you read this year? If you want to be successful, don't you think you
should just take a page out of a successful person's book and follow these five steps and
go, all right, well, if they read 60 books in a year, maybe I could read once a month.
And then maybe after you start going once a month, maybe you decide, I could probably do once a week or twice a month, whatever it might be.
But you realize if these people are successful, there's steps to being successful.
Take a page out of their book and do exactly what they do.
These people are constant learners.
And one of the things my first mentor used to talk about was kaizen.
It's a Japanese word for constant, never-ending improvement. We should all be on this journey of kaizen, of constantly never-ending improvement,
trying to improve every single day. And the people that are already at the peak of peaks,
these CEOs, are still constantly trying to improve themselves and make themselves better.
So don't you think that we should if we're not where we want to be at this point?
So once again, those are the five things. Number one is they wake up early. Number two is that they write down their goals and they
make them physical. Number three is that they have mentors and coaches. Number four, positive
self-talk. They believe in themselves. They have confidence. They figure out what's going on in
their brain and they make sure they wire it the way that they want to with positivity. And the
fifth thing is that they read very often. So that's it for today's episode.
I'm going to leave you the same way
I leave you every single episode.
Make it your mission to make somebody else's day better.
I appreciate you.
And I hope that you have an amazing day.
Well, that's it for today's podcast.
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