The world’s idea of who and what a millionaire is has changed. When we conjure up an image of a very wealthy person, we are imagining less and less a stodgy old man sipping branding in a wing back armchair, and instead, more and more what we envision is a young, energetic entrepreneur. The internet has paved the way for anyone with a good idea and the ambition to see it through to become rich and it is increasingly common for the successful people among us to be young and driven. So what do the young millionaires we are getting so used to seeing have in common? They all share the following 10 traits.
1. They Act Fast
A sense of urgency lies at the heart of any young millionaire. It isn’t enough to have a great idea, you need to have the will to act on it before anyone else has a chance. If Mark Zuckerberg had decided to sit on Facebook and develop it slowly over a few years instead of a few months, he would have been left in the dust. Instead he put his idea into action almost as soon as he formed it and the result has been massive success.
2. They Build Strong Teams
Even the people who seem to have built their empires on their own have had the help of a good team. It is usually the case that they built that team themselves. When Steve Jobs founded Apple he wasn’t alone, his partners gave him insight into the things he didn’t understand and allowed him to grow the business in all directions at once.
3. They Leverage Their Success
Success breeds success and young millionaires aren’t afraid to keep the ball rolling. When they see a good idea, they jump on it. It is no coincidence that Google now owns Youtube and countless other web applications that we can’t imagine the world without. The leaders of forward-thinking companies aren’t afraid to go beyond their own comfort zone and use the money they have to generate more money.
4. They Are Independent Thinkers
Founder and CEO of Alibaba, Jack Ma, held a meeting when he decided to start his company. He invited nearly two dozen friends to his home and asked them what they thought of his idea. All but one told him not to quit his day job. He chose to ignore them and pursue it anyway. He is now a billionaire. Not being afraid to stand alone is a common trait among the young and self-made wealthy.
Also read : 10 Reasons Why Some People Will Never Succeed
5. They Think Big
Young millionaires dare to dream big. They see the possibilities that lie behind great ideas and aren’t overwhelmed by the scale of what they are chasing. The truly successful individuals take things one step at a time and work at what they can handle, but their eye is always on the larger goal.
6. They Follow Their Passion
Most people who achieve success early in life do it by following a path they care about and are interested in. Just because an idea is good, doesn’t mean it is inspiring. When Steve Jobs was trying to convince John Sculley to leave his comfortable job at Pepsi to come take over the business side of Apple, his sales pitch was “Do you want to spend the rest of your life selling sugar water, or do you want to come with me to change the world ?” That is passion incarnate.
7. They Are Focused
When asked what makes Mark Zuckerberg such a great leader, Facebook employees time and time again reference his focus. Mark Zuckerberg ’s goal is to connect the world in ways no one else has ever dared to imagine, and every decision he makes is unflinchingly taking him closer to that goal. Having a clear vision is a key to success for any young leader.
Also read : 10 Habits of The World’s Most Productive People
8. They Love Learning
Just because they are rich doesn’t mean they think they have all the answers. Young millionaires in every field share a lifelong love of learning. They hold open meetings where they can get advice from people at every level of the organization because they understand that you never know where the next great idea will come from.
9. They Love Teaching
The best way to get better at what you do is to teach the tricks of the trade to someone else. Successful young people share their vision and teach their team members what they need to do to succeed. It not only makes everyone smarter, it builds camaraderie and gets everyone on the same page.
10. They Aren’t Afraid to Fail
Finally, and most importantly, young millionaires aren’t afraid to fail. Bill Gates once said, “It’s fine to celebrate success but it is more important to heed the lessons of failure.” Keeping an open mind and being willing to learn from your mistakes is the only way to keep moving forward.
Tuesday, July 19, 2016
Harsh Life Lessons Everyone Should Learn In Their 20s
Your 20s can be the most challenging years of your life. They can also be some of the best. There are also vast differences between a 20-year-old and a 29-year- old, and when there are so many changes that happen in your 20s, you might start to wonder if you will ever have it all figured out. But I’ve got some good news — nobody has it all figured out! Here are 20 life lessons everyone should learn in their 20s.
1. You don’t have everything figured out
I want to remind you of this again. I used to feel so much pressure to figure it all out. We can be so hard on ourselves when we don’t believe we are living the life we are expected to live. Give yourself a break.
2. You don’t have as many friends as before
As you progress through your 20s, you just won’t have as many friends as you used to. Your friends’ interests may change. Both your interests may change!
3. It’s hard to settle down (even if you want to)
Life begins to pull you in many directions. Maybe you want to try living in a new city. Maybe you have a new job opportunity that relocates you to a new city anyway. It’s normal to be drawn to many opportunities.
4. Life doesn’t get easier
While it may be exiting and new to venture out on your own, it doesn’t come without its challenges. The truth is most of life is a grind, and in your 20s you are figuring out the best ways to get through it.
Also read : 10 Reasons Why Some People Will Never Succeed
5. It’s really hard to save money
Financial experts and pundits are always telling people in their 20s to put money away now because by the time you are 65 you will have a nice nest egg. The truth is, for many 20 somethings, it’s just hard to save.
6. Debt is your worst enemy
I could write an entire article on debt in your 20s. Not only are many 20-year-olds burdened with student debt, but credit card debt can also be troublesome. The numbers on student debt alone are staggering.
7. You change jobs, a lot
It’s tough to be raised with a sense of entitlement. We were given trophies for everything. In your 20s, it’s okay to change careers and try out new things. It still is wise to stay at a job for as long as possible but don’t ever feel like you are stuck.
8. You might move back in with your parents
I certainly did. I am lucky my parents accepted me back in after I’d hit some hard times. I’m not the only one who did. According to the New York Times, “One in five people in their 20s and early 30s is currently living with his or her parents.” Remember to make a plan to move out!
9. Loving yourself is hard
It’s difficult to remember to love yourself when you are trying to figure out who you are. It may sound corny, but actually tell yourself you love yourself. I wish I had done better in this area. Even if other people don ’t, remember to love yourself first.
10. Relationships make you crazy
You fall in love. You break up with someone. You think you’re in love and realize that other person isn’t. You think you know what’s important to you but then it changes. Your 20s are full of crazy relationships.
Also read : 10 Habits of The World’s Most Productive People
11. The real world sucks
You learn a lot of harsh truths when you hit your 20s. Often we are naive to the struggles our parents went though when we were kids. The more you discover in your 20s, the more you know it just isn’t much fun to do the real world stuff.
12. You can’t party like you used to
As I continue to get older, I understand this more and more. The recovery time from drinking, staying up late, or dancing the night away only increases with age. Also, remember to get plenty of sleep.
13. Your company doesn’t care about you
This is another problem of feeling entitled but it’s also just as true. Companies really care about one thing — the bottom line. You are just helping them reach that bottom line. As much as companies praise team work and culture, the reality is that you are replaceable.
14. College might not have been worth it
If you went to college, you probably had a great time. Most of us have degrees that either we will never use or we will realize we are no longer interested in the field we chose.
15. It sucks to feel older
I know some will say, “You’re still in 20s or 30s, that’s not old!” Well, yes, I get that. However, you do start to notice your body is changing. You get sore easily. You’re not as flexible as you once were. In your 20s you will notice these things for the first time.
16. You make bad decisions
In our 20s we get caught up in making the “right decision.” We already feel like we’ve made enough mistakes and don’t want to disappoint anyone again. One bad decision won’t ruin your life, but really do try to make good choices.
17. It’s okay to try new things
Your 20s is the perfect time to take risks. Travel the world. Learn something new. Be more vulnerable. I don’t care what anyone says, your 20s is the best time to get out of your comfort zone.
18. You continue to compare yourself to others
You compare yourself to your peers and think some of them have everything figured out. Even though they appear to have figured things out, the reality is they are probably just as scared as you.
19. Peer pressure doesn’t go away
While your friends may not dare you to do something, you still feel the pressure to be a doctor, lawyer, make more money, etc. Often, these pressures just don’t align with who we are, so we become angry with ourselves. Begin to accept yourself just the way you are.
20. There is no magic bullet to success
I used to think that I’d figure it all out in my 20s and then I’d be a success. Remember that all of us take a unique path to success and there is no one right path to take. I survived my 20s and so can you. There is no doubt they are a confusing, strange, and lonely time. But they can also be a lot of fun. I accomplished a lot in my 20s, no doubt. I wish I wasn’t so hard on myself and was more accepting of who I was.
Take these 20 harsh realities as a reminder that we all struggle with similar things and that your 20s is only a small sliver of a long and prosperous life.
Credit : LIFE HACK
1. You don’t have everything figured out
I want to remind you of this again. I used to feel so much pressure to figure it all out. We can be so hard on ourselves when we don’t believe we are living the life we are expected to live. Give yourself a break.
2. You don’t have as many friends as before
As you progress through your 20s, you just won’t have as many friends as you used to. Your friends’ interests may change. Both your interests may change!
3. It’s hard to settle down (even if you want to)
Life begins to pull you in many directions. Maybe you want to try living in a new city. Maybe you have a new job opportunity that relocates you to a new city anyway. It’s normal to be drawn to many opportunities.
4. Life doesn’t get easier
While it may be exiting and new to venture out on your own, it doesn’t come without its challenges. The truth is most of life is a grind, and in your 20s you are figuring out the best ways to get through it.
Also read : 10 Reasons Why Some People Will Never Succeed
5. It’s really hard to save money
Financial experts and pundits are always telling people in their 20s to put money away now because by the time you are 65 you will have a nice nest egg. The truth is, for many 20 somethings, it’s just hard to save.
6. Debt is your worst enemy
I could write an entire article on debt in your 20s. Not only are many 20-year-olds burdened with student debt, but credit card debt can also be troublesome. The numbers on student debt alone are staggering.
7. You change jobs, a lot
It’s tough to be raised with a sense of entitlement. We were given trophies for everything. In your 20s, it’s okay to change careers and try out new things. It still is wise to stay at a job for as long as possible but don’t ever feel like you are stuck.
8. You might move back in with your parents
I certainly did. I am lucky my parents accepted me back in after I’d hit some hard times. I’m not the only one who did. According to the New York Times, “One in five people in their 20s and early 30s is currently living with his or her parents.” Remember to make a plan to move out!
9. Loving yourself is hard
It’s difficult to remember to love yourself when you are trying to figure out who you are. It may sound corny, but actually tell yourself you love yourself. I wish I had done better in this area. Even if other people don ’t, remember to love yourself first.
10. Relationships make you crazy
You fall in love. You break up with someone. You think you’re in love and realize that other person isn’t. You think you know what’s important to you but then it changes. Your 20s are full of crazy relationships.
Also read : 10 Habits of The World’s Most Productive People
11. The real world sucks
You learn a lot of harsh truths when you hit your 20s. Often we are naive to the struggles our parents went though when we were kids. The more you discover in your 20s, the more you know it just isn’t much fun to do the real world stuff.
12. You can’t party like you used to
As I continue to get older, I understand this more and more. The recovery time from drinking, staying up late, or dancing the night away only increases with age. Also, remember to get plenty of sleep.
13. Your company doesn’t care about you
This is another problem of feeling entitled but it’s also just as true. Companies really care about one thing — the bottom line. You are just helping them reach that bottom line. As much as companies praise team work and culture, the reality is that you are replaceable.
14. College might not have been worth it
If you went to college, you probably had a great time. Most of us have degrees that either we will never use or we will realize we are no longer interested in the field we chose.
15. It sucks to feel older
I know some will say, “You’re still in 20s or 30s, that’s not old!” Well, yes, I get that. However, you do start to notice your body is changing. You get sore easily. You’re not as flexible as you once were. In your 20s you will notice these things for the first time.
16. You make bad decisions
In our 20s we get caught up in making the “right decision.” We already feel like we’ve made enough mistakes and don’t want to disappoint anyone again. One bad decision won’t ruin your life, but really do try to make good choices.
17. It’s okay to try new things
Your 20s is the perfect time to take risks. Travel the world. Learn something new. Be more vulnerable. I don’t care what anyone says, your 20s is the best time to get out of your comfort zone.
18. You continue to compare yourself to others
You compare yourself to your peers and think some of them have everything figured out. Even though they appear to have figured things out, the reality is they are probably just as scared as you.
19. Peer pressure doesn’t go away
While your friends may not dare you to do something, you still feel the pressure to be a doctor, lawyer, make more money, etc. Often, these pressures just don’t align with who we are, so we become angry with ourselves. Begin to accept yourself just the way you are.
20. There is no magic bullet to success
I used to think that I’d figure it all out in my 20s and then I’d be a success. Remember that all of us take a unique path to success and there is no one right path to take. I survived my 20s and so can you. There is no doubt they are a confusing, strange, and lonely time. But they can also be a lot of fun. I accomplished a lot in my 20s, no doubt. I wish I wasn’t so hard on myself and was more accepting of who I was.
Take these 20 harsh realities as a reminder that we all struggle with similar things and that your 20s is only a small sliver of a long and prosperous life.
Credit : LIFE HACK
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