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Growth Hacking

20 Habits Of Billionaires That You Can Do

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billionaires
According to billionaires, money is a byproduct of their daily habits. If this is true, they must have some amazing habits! Lucky for us, most billionaires today are self-made. They worked hard to get to where they are today. If so, there must be some things we can do to gain financial success. Here are some things billionaires do every day that you can do too.

1. Avoid Death

If you want to enjoy your money, avoid things that are bad for you. People do not become billionaires by spending all their money on junk food. According to studies, 70% of the rich eat less than 300 junk food calories per day compared to 97% of needy people who eat more than 300 junk food calories. 76% of the wealthy also exercise aerobically four days a week compared to 23% of the needy.

2. Practice Gratitude

When you're stressed or angry, find things to be thankful for. This can be very hard but sometimes it’s best to see the silver lining.

3. 10 Ideas Per Day

Get into the habit of 10 ideas per day. Not all of them will come to fruition but some of them might. You never know unless you try it.

4. Plant Seeds

We're not talking about a garden here but a seed that will turn into ideas, relationships or products someday. Write a thank you note, start an exercise routine, send ideas, eat well – you get the picture.

5. Learn To Say No

This can be hard for some people but if you learn how to say "No" you will have more time to read, learn, explore, sleep, spend time with family, work on ideas and many more.

6. No Excuses

Nothing ever good comes from blaming, complaining and explaining. Excuses take time and sometimes its action that you need.

7. Follow Warren Buffet's 5/25 Rule

Write down 25 things you want to do with your life. When you’re done, go do the top 5. Forget about the other 20 because who has time to do all that? Focusing on the 5 will give you time to spotlight things that are important to you.

8. Don’t Rush

Success takes time; you can’t be an overnight success. It can take years to become a billionaire so be patient and celebrate small successes on the way.

9. Read

Read not only for learning but for relaxing too. Make it a habit to read at least 30 minutes a day every day.

10. Wake Up Early

Warren Buffet, Bill Gates and Richard Branson are all early risers. Getting up early lets them work without disturbance or to exercise before they tackle everyday things.

11. Make Mistakes

You don’t need to be scared to make mistakes. They can be good teachers or serve as inspiration.

12. Sleep

Ever notice that you're cranky when you’re sleep deprived? Sleep rejuvenates the brain and repairs brain cells and the body. Sleeping the appropriate number of hours per night and getting to a regular sleep pattern can boost productivity and make you happier.

13. Surround Yourself With People You Love

Surround yourself with family and friends. People that you love can help boost your confidence and inspire you to do better.

14. 1% a Day

1% a day is 3800% a year compounded. If you want to get better at something, do it 1% better each day. It's a win-win situation.

15. Ask Questions

Brian Grazer, the producer behind Apollo 13 and Arrested Development liked to ask people questions. He would call up the Dalai Lama or Steve Jobs and have “curiousity conversations.” This is how he met Ron Howard and how they started Image Films which created the famous TV show Empire.

16. Stand Next To The Smartest Person In The Room

Steve Jobs did this by standing next to Steve Wozniak and Harold Raims did it by standing next to Bill Murray. The next is true with Kanye West (Jay-z). Stand next to the smartest person in the room and watch what they do.

17. Follow-Up

This is a habit that's hard for shy people. Don’t be afraid to email and follow-up on that idea or nice to meet you email.

18. Be Single Minded.

80% of successful people are focused on accomplishing one single goal. Only 12% of less successful people do this.

19. To-Do List

If you want to accomplish your goals make a to-do list to keep track of things. Be like 81% of successful people and get into this habit.

20. Do 1 Thing You Loved As A Kid

Do 1 thing you loved to do as a kid every day. If you loved biking or playing with your dog, this can be the one thing that fuels your life.

Growth Hacking

One Thing Every Entrepreneur Needs To Do

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Nowadays there's no shortage of entrepreneurs and startups in any major city you visit.  Where ever there's a startup scene, there's bound to be plenty of entrepreneurs around every corner awaiting for their opportunity to shine.  Unfortunately the majority of entrepreneurs have a laundry long list of things to do, things they must do, and things they aspire to do one day, but very few of them have done the ONE thing that many successful entrepreneurs nowadays are starting to do.  Can you guess what it is?

Apply To Work At A Startup

That's right...applying for some free (or paid) internship work and actually coming to work.  It's a very basic and fundamental skill that very few of us ever learn to do.  Today's entrepreneurs are very different from entrepreneurs in the past in that they're more prideful and most of them will boast about quitting their high-paying job and bootstrapping their struggle.  Very few will tell a more modest yet realistic tale.

Why Work At A Startup?

Simply put, to run a successful company you have to understand how the company works and how each member fits into their role.  Just by working at a startup, you'll be able to see the realistic and down to earth culture that's unfiltered and true to it's nature.  Often times we only see or hear of a startup once they're past the "Struggle" stage, and you never see much of that stage in person.  You only hear about it in their stories and interviews, but you know it's inherently what made them so great today...was the fact that they survived that stage.  So what's a better way to experience and understand how successful startups navigate that early struggle stage than to actually work at one? So if you're an aspiring entrepreneur that's looking to take your first step, consider looking for an internship or a job at a startup near you and experience the early-struggle first hand before you decide to commit to one yourself.  You "will" definitely learn a trick, or two...or three.  And by the time it's your turn, you'll have MUCH better chances.
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Growth Hacking

6 Ways to Build Your Online Presence and Increase Sales in the Process

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If utilized properly, the internet has the power to increase your sales no matter the size of your business. This is because the internet has the power to reach a large scope of audience 24/7. Most people rely heavily on social media to increase their online presence with the hopes of increasing sales. Many people hesitate with online marketing thinking that it is expensive especially for small businesses. There is also the issue of competition in the internet which is fiercer compared to competition in the real world.However, if you really want to build your online presence and use it to boost your sales, there are ways of doing so. Here are 5 easy ways of building your online presence and increasing your sales.

Interact on Social Media

Social media is a flexible platform and ideal for small businesses to make their presence known. The key to having a successful social media presence is interacting with your followers on a regular preferably daily basis. If you don’t have time to monitor social media activities daily, assign an employee to do this for you.Interaction is important because customers want to feel important and appreciate it when their feelings and concerns are heard and addressed. Having a Facebook or Twitter presence has a big impact on customer loyalty. Aside from this, you can gain insight from your relationship with customers on social media.

Claim Your Online Real Estate

To increase your presence and boost sales, boost your brand presence by claiming your online real estate. Get on Google Maps, Google My Business, Foursquare, Yelp, create profiles in social media accounts like Instagram, Pinterest, Tumblr, Google+, Youtube and the like. This will help boost your SEO rankings too while giving your brand recognition.While you're at it, get reviews and testimonials. Pick good review sites such as Yelp, Facebook and Google My Business not only for brand recognition but also to boost your credibility as a business.

Invest In Paid Social Media Marketing

Paid advertising on social media can be a cost-effective way to get brand recognition and boost sales. One of the best reasons to invest in paid social media advertising is its ability to target a specific set of audience and analyze how effective it is in doing so. When you advertise on Facebook for example, it will ask you how much you are willing to pay per click every 1,000 impressions and give you feedback on how each impression converts into leads and sales.You can think of paid advertisements as giant billboards and TV adverts. By advertising on social media you are building an online presence by focusing your campaign on impressions instead of clicks and follows.

Invest in Paid Search Engine such as Google

One of the most powerful tool a website owner has for boosting sales is paid search engine advertising because it clearly states your customer's intention. When a customer searches for something on search engines, he or she is giving a clear signal of their needs and desires. Google for example, allows users to set keywords, choose specific categories and demographics ad location so that your target audience is narrowed down and you get results that is relevant to your content and promotion.

On-Site Blogging

Provide thought leadership for your customers and readers by writing a blog on your website. This can serve two purposes: you can boost your SEO content by causing your website to appear organically on search results page and blogs that show thought leadership for your industry gives customers and prospective customers a reason to trust you, making you and your business more credible and authoritative. These efforts will increase your SERPs rankings which can lead to a boost in leads and sales.Your blog should encourage customers and readers to contact you to discuss matters further. There are also some people who are just looking for advice instead of a purchase. If you give them expert advice, they are more likely to buy from you.

Participate In Industry Forums

As with blogs, participating in industry forums will make you more credible and authoritative in the eyes of your customers and prospective customers. The more credibility and authority you have, the more customers are likely to trust you. Forums are a great venue to build credibility and reputation and lots of forums allow signature links with your website or social media profiles embedded.However, it is good to remember that it is not about bombarding these forums with your offers and promotions. It is about adding value, building a credible online presence and establishing yourself or your business as an expert in your field or industry. If you get this right, sales will not be far behind.
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Business

New Tech in Old Places

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Our environments are made up of the places we frequent throughout life.  Most of us have a home, a job, and have gone to school.  With the advent of the internet, many of these classic environments are evolving to accommodate a world that is becoming evermore interconnected.  Here’s a look at how everyday spaces are integrating new technologies.

At Home

Like the vacuum cleaner and microwave, kitchen appliances were slow to evolve after their domestic debuts in the fifties.  Only now with the advent of appliances being “smart” are we seeing new innovations in the kitchen.  Everything at home from the fridge, security system, to the tv now come in “smart” options allowing devices to connect with each other and be accessed remotely.
Homes now have options to be built or retrofitted into being more sustainable.  It is already common to see homes fitted with solar panels, providing power not only to homeowners but also providing excess power to their cities.  New innovations in material science are creating solar panel “film” that can adhere to existing windows, providing homes and buildings more more aesthetic ways to capture clean energy.

In the Classroom

Education is an area that has infinite benefits to reap since the dawn of the internet.  Less than three decades ago it was rarity for a school to have a computer.  Today, it is a rarity for a school not to have one.  Learning is no longer limited to books and chalkboards. Creative new channels for learning are now being found through virtual and augmented reality, 3D printing, and game-based learning.Virtual and augmented reality adds a dimension of interactivity that is previously unprecedented.  Instead of simply looking at a page of a history book, students will soon be able to virtually visit different places and times.  Similarly, 3D printing offers the ability to add tactile experience when studying complexities such as molecules.  A 3D printer also gives students the opportunity to learn about custom manufacturing and design.Game-Based Learning is a brilliant new technique in teaching that combats student’s ever shortening attention spans.  This method concentrates on interactivity and “gameplay” in learning.  By incentivising students to “win” better grades, school will be less like pulling teeth and more like playing while learning.Cloud computing is an important next step in optimizing how students do their work.  Although a futurist classroom is on the cusp of reality, kids today can still use excuses like “my dog ate my homework”.  With cloud computing, students can efficiently turn in work, check into classes, and have discussions without their dog’s hungry involvement.

Building Efficiency into our Infrastructure

Many changes are not only happening inside but outside as well.  Our infrastructure is due for a technological makeover.  Many cities have begun to offer hubs for free wifi.  Many parks now offer charging stations and wifi.  In New York passengers can now take advantage of free internet service in select subway stops, increasing productivity for workers during their commute time.  Building materials themselves are going through their own evolutions.  Solar Roadway is a company manufacturing solar powered hexagonal road panels.  This year, the first road of this kind will be installed into a section of route 66.Innovators such as Elon Musk are introducing concepts such as a completely solar roof.  Creating an option for solar panels as a permanent fixture as opposed to temporary modular panels is the first step of many to building efficiency and sustainability into our environments. Many more advances in every field are beginning to grow in coevolution with our age old environments.  Increasing efficiency and connectivity is making the world a smaller and more convenient place.  Like archeologists admiring the engineering of Roman aqueducts, we will one day look back at this time and marvel at the progress and creativity our ingenuity has brought to fruition.  The world we live in today is literally, ‘the state of the art’.
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