What do rich people learn

13 Lessons About Success and Wealth You Can Learn From Multimillionaires

Somehow everyone dreams of a carefree life - even when it comes to finances. While some set their goals very high and strive for the list of the richest people in the world, others are also content with less. But living without money and success is certainly not as easy as with a covered bank account. Regardless of whether success ultimately means being a multimillionaire for you, a high management position, self-employment or a mature personality development: You should definitely write these 13 lessons behind your ears.

Big money doesn't come by itself - and neither does success

Unless you are one of the few blessed people in the world born into a rich and prosperous family. But this also certainly has its downsides - which we do not want to discuss in more detail at this point. Instead, it's about the topic: Many people go to work day after day, maybe work one or two overtime hours and wait patiently for the “reward”. But this will only come in very few cases. Building success and wealth takes time.

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And above all, it takes dedication, discipline, determination and a lot of brains. You certainly know the paradox: if you are rich, it is easy for you to get even richer. On the other hand, if you are poor, it is almost impossible for you to get rich. Why is that? Very simple: rich people who manage their wealth with intelligence and invest well, multiply it relatively easily. At this point we do not want to claim that this is fair. Nevertheless, there are also people with a modest starting position who sooner or later become multimillionaires. What do they do better than the other “poor” people in this world? We'd like to tell you!

13 Lessons That Will Make You Richer and More Successful

We took a closer look at the strategies of various successful people - including, but not limited to, multimillionaires. All in all, 13 things could be identified that you should do from today to be more successful, be it financial, professional or personal:

Lesson 1: Invest in Yourself

Many self-employed and entrepreneurs have already realized that they are the most sensible investment themselves. An even larger number of people have some catching up to do with this insight. You shouldn't blow your entire earnings on the head or save up, but instead invest around ten percent of your income in yourself, i.e. in training and further education, seminars, trade fair visits, etc.

The best investment is in yourself. It pays the highest interest.

(Benjamin Franklin)

Sports or other health-promoting measures are also a good investment - and more sustainable than any expensive car. So get the best out of yourself at all levels and don't be too stingy to spend some money on it. There is a simple reason for this: the more money and time you invest in something, the harder you will try to achieve your associated goals. Investing in yourself increases your motivation and stamina and thus important success factors. In addition, of course, your financial "value" on the labor market increases through further training and other educational measures. This will amortize your expenses in a very short time.

Lesson 2: don't work for the money

Your work ethic largely determines the success or failure of your professional life. If you only work for the money and have no other motivation, you will burn out in the long run. It is imperative that you see a deeper meaning in your work, maybe even enjoy your job or primarily go to work to learn - both professionally and personally. See every new working day as a challenge and an opportunity for a personal one Growth. Then, sooner or later, money and success will come to you by themselves.

Lesson 3: Learn the Right thing

You shouldn't just learn "anything", you should constantly improve. This means that you can do more work in less time, that is, become more productive, or that you increase the quality of your work. Do you know the term "continuous improvement process"?

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Even for yourself, not a day should go by without improvement. So work and live according to the Kaizen or CIP principle. It is not only important that you learn every day, but also what you learn - and this should always be an improvement on the previous day.

Lesson 4: Use your free time to study

The fourth lesson is also about learning: Are you slowly realizing how important this aspect is for success and wealth? You should therefore spend 80 percent of your free time learning new things. That sounds like a lot? It is! However, you don't have to sit in front of textbooks, study vocabulary or take exams 80 percent of the time. You do not have to attend further training courses or seminars on a weekly basis. Instead, you can pursue hobbies in which you develop new soft skills. For example, take on the position of captain in your football club instead of relinquishing responsibility to the team.

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Watch a documentary on TV instead of the new sitcom. Or read a textbook every now and then instead of the next crime novel. Regardless of whether you develop yourself further in sports, acquire more general knowledge or talk to friends about political issues - all of this can be education. Just keep your hands off of pure waste of time - "junk food" for the brain - such as a bad comedy show on TV or checking all your friends' Facebook profiles. Instead, develop an awareness of the world's most valuable good, time, and use it sensibly.

Lesson 5: Let Your Money Work For You

If you currently simply park your income in a standard bank account, you will lose money instead of increasing it. An age-old tip from all rich people is therefore: Let your money work for you. Here we are back to the topic: Rich people get richer if they invest their money well. Whether it is real estate, gold bars or stocks is ultimately your own decision. But one way or another, invest at least ten percent of your assets yielding interest. The earlier you start, the faster the return or compound interest will help you to become rich.

Lesson 6: Focus on Results

Regardless of whether it is about your investment, your daily work or your private life: Set goals and focus on these results in all of your thoughts, words, and actions. In your to-do lists or in the calendar, you should now no longer enter periods of time such as “10 a.m. to 10.30 a.m. check and answer e-mails”, but instead write down your desired results, for example “all e-mails in Sort your inbox and answer at least 20 of the most important mailings ”. You will notice that your productivity increases immediately.

Lesson 7: Give More Than You Take

As is well known, life consists of constant give and take. However, many people tend to want to take more than they want to give. They expect flexible working hours and a high income from their employer without wanting to sacrifice too much time and energy. They want small gifts from their partner as a sign of attention or from their friends that they always have time when they want. But you know the saying:

The world gives to the givers and takes from the takers.

(Joe Polish)

You don't have to believe in karma. However, you should be aware that you also need to invest in success or fortune. If you want to get the “reward” at some point, you first have to make a corresponding effort. So give more than you take. You will not only notice that you will become more popular and successful as a result, but above all that this attitude towards life makes you much more satisfied in the long run than a constant self-centered attitude.

Lesson 8: Face Your Fears

Real life begins where your comfort zone ends. Humans are creatures of habit and every change is frightening. Eventually, it could worsen the situation. This is normal, but you should face your fears. Improvement is only possible through change. In addition, you gain new self-confidence by overcoming your limits on a regular basis - an important success factor.

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Take a piece of paper and a pen and write down five fears that you want to face in the next six months. Once the list is ticked off, consider the next five points. You will grow as a personality and thus lay the foundation for lasting success and wealth. And even if not, you have at least enjoyed your life to the fullest instead of crawling fearfully into your own four walls and letting the real adventures slip by.

Lesson 9: Change your environment regularly

So keep trying out new challenges. This also means that you change your social, professional or private environment at certain intervals. This does not mean that you have to break off old bridges and start all over again. Instead, you should expand your existing environment: get to know new people, take on other areas of responsibility in your job or explore countries with your family in which you have not yet been. So broaden your horizons regularly.

Lesson 10: Practice Marketing Yourself

We keep emphasizing: Self-marketing is the be-all and end-all of any successful career. The motto often applies in professional life

More appearance than reality.

Of course, you should stay authentic. Still, you need to present yourself at your best. Learn to sell yourself well and make a positive impression on new contacts. Your network will ultimately help you achieve success and fortune - but only if it holds great interest in you. Trained eyes will quickly see through whether your self-marketing is just empty promises, a puffed-up ego or an honest person with talent, determination and trustworthiness.

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Since you will be spending a lot of time studying from now on, dedicate yourself to self-marketing and become the best salesperson the world has ever seen. The "product": you yourself!

Lesson 11: Realize the Value of Your Network

For this it is essential that you first become aware of the important role your network plays for your professional and private success and your bank account. Contacts can create unimagined job opportunities, help you on your way to higher salaries, or teach important lessons - like the 13 in this article. You learn most from other people and by now you should understand how important it is to learn. Networking can and should therefore also be part of the 80 percent of your free time that you spend on learning.

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So visit appropriate events such as trade fairs or network meetings and also use the digital options such as professional social networks to make new contacts and maintain old friendships.

Lesson 12: Find Your "Why"

Ultimately, sooner or later all people are looking for a deeper meaning in life. Most of us desire to make the world a better place, to be positively remembered by those around us when we have to leave one day, or to simply enjoy life to the fullest and with no regrets. So, if you are striving for wealth or success, you should ask yourself the underlying "why". These can be inferiority complexes, deeply rooted fears, beliefs established in childhood, or many other psychological thought patterns beneath the surface.

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When you know your real “why” you can be more conscious, healthier and happier in your life. Sometimes you will still strive for wealth or success - sometimes you won't. But no matter what you choose: If you do something with passion and the drive of a deeper meaning, it will be crowned with success. Guaranteed!

Lesson 13: Define Success and Wealth for Yourself

The terms are now often used: success and wealth. But what do they actually mean? We deliberately did not define it at the beginning, because you have to do that all by yourself. Make yourself aware of what "success" or "wealth" means for you personally and what you are actually striving for. These 13 lessons should serve as your guide. Ultimately, however, success and wealth - however you choose to define them - are in your own hands. We wish you every success!

What other tips do you have for our ambitious readers? What do “success” and “wealth” mean to you? How did you get this? Thank you for your exciting comments on the topic!

Photo credit: thongyhod / Shutterstock.com

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