And by definition, they’re some of the best at time management. They’re bombarded with thousands of emails. They have a thousand things they could do: meet with an employee, schedule a meeting, find a new marketing strategy, work on a product design, etc.
How do they choose what’s most important and still effectively build their wealth to $10,000 per day or more?
It’s not a “myth” that people succeed because they’re more productive.
The female billionaire Sheryl Sandberg has stated in her books that she made sure to leave work at 5:30 every day because her children were a priority.
Richard Branson has over 400 companies to run but he still has time to kite-surf because he puts his fitness as a priority.
President Bush has a million things to do: foreign leaders to call, CIA briefings to read, voters to please, and so on. Yet he was able to still read 95 books in a year: more than most people ever read.
Doug Conant, CEO of Campbell Soup, sent 20 handwritten thank you notes a day while running a Fortune 500 company.
I stumbled across a book called 15 Secrets Successful People Know About Time Management: The Productivity Habits of 7 Billionaires, 13 Olympic Athletes, 29 Straight-A Students, and 239 Entrepreneurs.
It has the longest title I’ve seen in a while. And I think it’ll help you uncover some secrets of time management.
Here are the top tips on billionaire productivity tips I know (which I learned from this book and all the other videos and podcasts I consumed):
Social media is an incredible way of marketing and making more money for your business. If you do it right.
After spending thousands of hours on social media content across very old (MySpace) and very new (Musically, Snapchat, Vine, Peach, etc.) platforms, I want to share with you what you need to know on social media to succeed in business and more importantly prevent failure.
It’s easy to get overwhelmed by all the results social media can bring for a business. But when you simplify it, there’s only four.
1. Social Media Amplifies How You Treat Your Customers
If you treat a customer horribly or delight them, their experience will be amplified and spread much further thanks to social media. It’s the biggest revolution in the century for businesses.
In the old days, if a business pissed you off, you might might tell a couple friends or family. Now, that customer can tell 500 friends on Facebook, 5,000 on Twitter, or 100,000 on YouTube. You don’t know who’s walking into your store; it could be an influencer.
Notice how I didn’t say “millions of people.” While there are social media influencers who can do this, don’t believe the people who hype it up. It’s possible for posts to hit a viral reach that large, but it’s rare. Those events usually can’t be manufactured and numerous factors have to align. A YouTuber or Instagram influencer can have millions of followers but only maybe tens of thousands engage with an average post they release.
Here is an example of amplification in a good way:
Karim took a joke about his last name by the receptionist at the Hyatt the wrong way. He tweeted about his frustration, and the Hyatt responded with a handwritten letter and complimentary food and beverage.
Let’s put aside whether or not he should have been offended. The point is that he shared his story and how great he felt at their response. It quickly went viral and 13,580 people commented, 61,438 liked it, and many more probably saw this. Now, that’s incredible, free, positive PR that couldn’t have happened any time before in history because it was started completely by a consumer.
Here are examples of amplification in a bad way:
United Airlines offered money for passengers to get off an overbooked flight. When everyone refused, they had security guards forcibly drag a passenger off. Another passenger immediately caught the experience on his smartphone and shared it online. The video got millions of views.
Thousands of people reacted in outrage to the incident. PewDiePie, the most subscriber Youtuber with 55 million+ subscribers, parodied the video. It got over 3 million views. If you look at the video, there are plenty of Tweets bashing he shows in it bashing United that got thousands of likes. Plenty of other influencers like Ellen, Joe Rogan, and Jimmy Kimmel covered the topic, attracting millions of views.
Another parody on Facebook got over a hundred thousand likes. Just one comment expressing their disgust towards United got thousands of upvotes.
A day after the incident Emirates Airlines released their own video addressing (and maybe even poking fun) at the CEO of United Airlines and explaining why they’re better, which got over a million views. Emirates is known for its premium flying experience. Many of the comments praised Emirates and got hundreds of upvotes.
Thanks to the mass market of smart phones and 4G, any customer can capture a customer experience and upload it to social media or the Internet in a matter of seconds. That is huge for businesses. It essentially punishes horrible businesses more and rewards good businesses more.
He went from working as a janitor to the world’s most well known personal development speaker with a net worth of $480 million.
Similarly, Brian Tracy went from working dead-end jobs (like dishwasher) as a high school dropout to a multi-millionaire salesman.
Here’s one more: W. Clement Stone took the book Think and Grow Rich and followed it to a tee. He turned $100 into millions in the insurance business.
This was all thanks to personal development.
Now, there is a lot of fluff and bad advice out there on personal development and I want to set things straight. You may be (rightfully) skeptical of personal development because of all the useless articles and books out there. But real personal development, at its core, can help you. And I will prove it.
If you could only read 10 books for the rest of your life, what would they be?
Today, I took a stab at answering this tough question. I thought it’s a great one because the limitation it places on you really forces you to cut the fat.
Obviously, this list will differ if your goals are different. I tried to answer the question by targeting books that will make you wiser, happier, richer, healthier, and more fulfilled when you die. Therefore, these books are not the best for solving niche goals, like becoming a top athlete, famous musician, or self-actualized individual.
As far as why you should listen to me, I’ve gone through hundreds of books and have a much more thorough knowledge of the self-help book universe than 99% of people alive.
There were plenty of books I wanted to add to this list that unfortunately didn’t make the cut. But if you’re strapped for time, this list will do you good. Click play on the player below to listen to my podcast episode and which books I chose:
I was watching a speech by the billionaire David Rubenstein, the founder of the largest private equity firm in the world. He said something really profound and useful that I would like to share.
He said that you cannot succeed in business by just copying other people because you will just be an echo or reflection. You have to stand out by doing something completely differently. Now, I’m not saying that you should never copy. Other successful people, like the founder of Costco, Sam Walton, and Steve Jobs, have emphasized the importance of copying when it’s a no-brainer better way of doing things. I am saying that there is a lot of value in coming up with new ideas and doing what’s been done before in a different, better way.
That’s why I want to talk about how to be more creative and imaginative. I have compiled some of the best advice out there from the world’s most successful creative people.
It’s the second-to-last day of my challenge! For the past few days of this challenge, I have been using science-backed happiness-generating practices to bring me the most long term happiness. This time, I want to do something different.
Since it is almost the last day of the challenge, I want to try a more mainstream society approach to what brings happiness. According to the book Mate by Tucker Max and Dr. Miller, you can improve your happiness by filling your day with lots of tiny activities that bring happiness.