Everyone wants to be rich, but the world’s richest people are doing a few things differently from the rest of us, and we think you can learn to be wealthy too. The way you look at wealth can also affect whether you are able to see yourself as rich already, or if you think you need a big supply of money to see yourself as successful.
Wealth can mean different things to different people. Abundance of the financial kind is only one type of wealth. For the purpose of this article, we are going to look at wealth in two ways; the richness of life, which you already have an abundance of but want to grow, and the material wealth of the world’s richest people, which anyone would probably not mind having.
Let’s look at your life as a business and see some ways that you can be wealthier than you are now. You are the CEO, founder, and sole-proprietor of the business called The Corporation of You.
You are responsible for every aspect that goes into running The Corporation of You as a successful enterprise, all the way from the dirty janitorial work of brushing your teeth to the gorgeous corner office of your brain where you hatch new ideas. Now let’s look at 6 things that the world’s richest people are doing differently in managing their own personal corporations.
6 Things The World’s Richest People In The World Do Differently
Learn something new every day
The Corporation of You needs information in order to grow into a wealthy enterprise. Increasing the asset of knowledge is something that the richest people in the world do differently, and it is a skill that you can adopt as well.
Marketwatch.com says ‘Successful investors take the time to study key financial concepts, learn the dos and don’ts, and stay abreast of current trends. They take advantage of opportunities to strengthen and expand their understanding and expose themselves to financial information on a daily basis.’
Take more risks
‘You miss 100% of the shots you don’t take.’ – Wayne Gretsky
Don’t you wish you had invested in Cannabis ETFs or Apple early on? At the time that a company is just beginning, it is a huge risk to invest in it. The problem with a risky investment is that you might lose money if the company isn’t successful. But the payoff can also be huge if it is successful.
When it comes to making a risky investment in The Corporation of You, ask yourself what is the worst that can happen if you do invest and then ask what are the benefits that you hope to receive.
Let’s say that you are asked to go on a date with someone you’re only mildly attracted to. Will this decision bankrupt The Corporation of You? Can you change your mind if it isn’t going well? What do you stand to lose if you decline to invest time in the date? What could you gain from the experience?
When it comes to The Corporation of You, any investment that benefits you is a wise investment. Investing in excellent nutrition helps develop your body. Investing in books helps increase your asset of knowledge. Saying ‘Yes’ to an activity that you haven’t engaged in before is a wise investment in expanding your limited world view.
Use your assets wisely
Assets are the most precious and valuable things in your business. These are the things that are in limited supply and which can help you achieve your goals. Make a list of your assets so you know what to use to your benefit.
Here is a suggested list of assets you have (even if you don’t feel like you do):
People who love you
These are your resources and strengths that you can rely on when you have a need. Revisit our article 5 Signs You’ve Discovered Your Gift To The World and see what hidden assets you have to use.
Develop personal accountability
Only you are responsible for the success or failure of The Corporation of You. Rich people know this, and they embrace total personal accountability. Set goals and if you fall short, look at what you need to do differently next time.
Accept your faults and try to correct them. Never blame others for failing to reach your goals because doing so is not going to help the Corporation of You.
Surround yourself with experts
Believe it or not, some of the people you know right now can help you reach your goals. If you have a personal goal in mind, for example, losing 50 pounds, ask everyone you know if they’ve ever had success at weight loss and how they did it.
Seek out experts outside of your circle of friends too. Educate yourself on the important things to know about how to successfully achieve your goal. Make friends with them if you can.
‘The best time to plant a tree is twenty years ago. The second best time is now.’ – Chinese proverb
Now is the most valuable thing you have, and the world’s richest people use this knowledge to their advantage. But the key is knowing that the ‘now’ of that first sentence is already gone. What will you do with this new ‘now?’ How will The Corporation of You spend it?
If you decided to do 10 squats right now, would The Corporation of You regret it? Would The Corporation of You benefit if you decided to spend now mindlessly clicking away on a video game?
The wealthiest people aren’t doing that much differently from you. They are just using their own assets from their Corporation of Them to get the best rate of return on their investment of time and energy. Go and be rich right away.