Over the years there have been many studies on the wealthy to find what habits they share. This is important because the reality is our habits shape us and impact our health, wealth, and happiness. Let us explore just a few of the most common habits that have to lead many individuals to become self-made millionaires:
1. They do not follow the crowd – Often these individuals are independent, critical thinkers and do things that go against the grain.
2. They are constantly reading – While most individuals watch hours of tv each day, the rich typically read at least half an hour daily and focus more on education than being entertained.
3. They exercise regularly. – The same habits that are needed for good health like consistency and discipline are also needed to grow wealth, so it is not a surprise to see that they exercise often.
4. They develop and pursue goals – To become a self-made millionaire does not happen by accident. These individuals often dream and set realistic goals to attain their dreams. They are often self-motivated because they are pursuing a passion.
5. They surround themselves with other successful people – As the old saying goes we are the company we keep. Often these individuals seek other like-minded individuals to spend their time with. This allows them to consistently learn from and motivate each other.
6. They get up early – For many people this is quite painful and again an example of how millionaires tend to not follow the crowd. Getting up early is a great life hack. It provides more opportunity to prioritize your day and allows you to accomplish important tasks (like reading and working out) without disruption.
In today’s busy word one of the most important skills to learn is how to say “No”. We are very busy and it is easy to become overwhelmed if you overcommit. If you are like most people, you do not like saying “No.” This could be because you genuinely like to help others, or maybe you do not want to reject others. Perhaps you are afraid this will reflect poorly on you if you say “No”. The reality is there are times you need to put your time and your business’s needs first. If you do not balance your priorities effectively you are not as productive, could feel overwhelmed, and harbor feelings of resentment.
As Warren Buffet once said: “The difference between successful people and very successful people is that very successful people say ‘No’ to almost everything.”
Here is how to say “No” and still look good:
Be clear and direct. Providing a vague response, excuses, or an unclear answer will only create an awkward conversation. You eventually will still have to say “No” after wasting everyone’s time in needless conversation. People may not like hearing “No” but appreciate this more than excuses or a lukewarm response.
Provide positivity. Being able to provide the individual with a positive response helps cement a positive relationship. For example, try saying “This is a solid opportunity but now is not the right time.”
Tell them the reason. “I appreciate the offer, but this does not… fit our business model, fit our budget, etc.” But if telling the reason could give them an opening for a discussion to pressure you, skip it.
Give yourself time. If you are uncomfortable being firm or dealing with a pushy individual it is ok to say, “let me think about this and get back to you”. Just make sure to get back to them with a definitive answer. This tactic helps you avoid feeling pressured into doing something you do not want to do
Say yes to something else. Propose an alternative option if you can. Maybe you can commit to a smaller role or to a future opportunity.
Do not burn bridges. Let your yes mean yes and your no mean no. Saying “No” does not mean you have to be rude or inconsiderate. The ability to say “No” politely is a powerful tool to keep and even build strong relationships