Let me tell you a story about a little boy who started investing at the tender age of 11 years. He started it after taking a small loan from his father. He knew he loved it. He made mistakes but learned from them.
He never gave up and little by little, he grew bigger. Big enough to be one of the richest people on the planet. He is Warren Buffet.
In another one, a young lad dropped from Harvard to pursue his passion. He could have a secured future ahead of him but he lived his passion. He was often laughed at by the industry, yet he never gave up. A few years later, he conquered the whole industry, solved the biggest problems faced by the corporates, and became the richest man in the world. Yep, that’s Bill Gates for you. He never ran after money. Here are some helpful skills you need.
1. Get to know the rules: “Rule NO. 1: Never lose money. Rule NO.2: Don’t forget rule no.1″—Warren Buffet
2. Communication: Communication skills are another must if you want to become wealthy. Wealthy people know exactly what they want and they know how to get it, usually through great communication skills.
3. #1 driver of a Rich Life: find a supportive spouse. The study has found that people with supportive spouses are more likely to give themselves the chance to succeed. Just as the old saying says “Behind every successful man there stands a woman.”
4. Have a Master Mentor to help you succeed. Socializing and networking with wealthy, like-minded people has the potential to open doors and help propel you toward your own goals.
5. Work with a sense of urgency: It means doing what needs to be done immediately, without being asked, and in the most thorough way possible to create change. It is something that makes one work harder with the desired focus to work towards achieving your goals. People who imbibe a Sense of Urgency get things done faster, and it is often a positive differentiator in life.
6. Delay gratification: Studies show that delayed gratification is one of the most effective personal traits of successful people. People who learn how to manage their need to be satisfied at the moment thrive more in their careers, relationships, health, and finances than people who give in to it.
7. Focus – both Gates and Buffett list focus as the most important ingredient for success, although that is more of a personality trait as well.
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