It often seems to us that people who have achieved success have unique talents. Instead of envy them, we can adopt the principles that they follow and which they followed before they achieved success.
I talked with billionaires for quite some time, watched them and found that they had achieved a lot, because they follow certain principles that help them perseverance and achieve their own in that others consider it too serious for themselves. I call them the "Fundamentals of the success of the billionaires".
Principle 1: Simplicity of the goal
Starting to build their empires, they were extremely focused on a specific task. All efforts and energy directed to achieve a specific goal. For example:
- Henry Ford wanted to democratize the car, make it accessible to everyone;
- Bill Gates – equip every American house with computers;
- Steve Jobs – to endow the capabilities of the computer phone and make its use simple.
These goals seem large -scale, but can be formulated in one sentence, easy to understand.
Principle 2: simplicity of plan
I never heard them overly and carefully think through the projects. Herbert Kelleher, the founder of Lawkoster – Southwest Airlines, did not have to use a lot of technical secrets to turn the entire aviation industry upside down. He followed three goals:
- ensure take -off and landing;
- enjoy;
- remain a budget airline.
They became the basis of the most profitable airline in the history of aviation. The desire not to complicate the tasks helps all employees (and not just managers) focus on actions that will be the most effective for the company.
Principle 3: A clear limit of patience
Successful entrepreneurs are not https://globalpharmacy24.com/drug/malegra-pro ready to put up with everything – it looks like heartlessness, but it works. They do not tolerate incompetent and useless people, inaccessibility. They do not allow social pressure-they are ready to come to terms with isolation and suffering, if necessary, to build something truly great.
Billionaires make up 1% of all people who suffer what 99% of us avoids and avoid that 99% tolerate. They constantly optimize life. Ask questions: what is slowing me down, what I can get rid of today to make tomorrow better? Define and remove excess without doubt. Therefore, they demonstrate the best results.
Principle 4: Complete trust in people
They are not just relying on others from time to time, they rely on them entirely and completely every day. With all the members of the team, they build professional relations in order to, if necessary, be able to rely on any.
No one can actually act on all project management levers worth a value of billions of dollars. It is billionaires who ask for protection and support (and they themselves offer it too), because they know: the entrepreneur is almost nothing to achieve, and together we move forward much faster.
Principle 5: Absolute devotion to people
They are fanatically devoted to people: customers and investors, and especially employees, members of their team. But obsession can be expressed in various forms – some are obsessed with the idea of creating the perfect product, others are concerned about increasing the level of well -being around the world. All this ultimately applies to other people.
Bill Gates, who was afraid at the beginning of his career for his fierce disposition, learned to be a strong and respected mentor for the leading leaders of the Microsoft Corporation. Warren Buffett created one of the greatest business empire in history, but only after he recognized the need to create and preserve the team.
Principle 6: support on communication systems
Everyone knows that for a successful business, clear communication is of key importance. Over the years, I had a chance to get acquainted with many billionaires, and most of them have problems in communication. But they succeed, because they rely on information transmission systems, and not on their own communication skills.
They find ways to clearly monitor progress, evaluate the results and optimize production. And use stable and reliable communication methods for this.
Principle 7: an unspoken information requirement
They do not wait until someone wants to tell them something. They do not go in circles in search of the necessary information and do not formulate their requests for hours. They hope that the information will be selected, verified, laconic and will get to them before they request it. They demand this from their teams.
They do not load themselves with unnecessary or insignificant information and know exactly what needs to be found out and when. Their key employees themselves actively offer the most important information every day, so the billionaire knows that he will require his attention and energy first of all.
Principle 8: a conscious approach to consumption
They are prudent in consumption, especially when it comes to information consumption. As a rule, information that is important to them is related to a very specific issue or solution. If new knowledge does not move you forward, to where you want to be, they pull you back.
Principle 9: Making decisions based on facts and the information stated
Billionaires do not risk, they make decisions based on two things: facts and human stories. Each angle is significant in its own way. If they relied exclusively on actual data, then one single error in the calculations could distort the conclusions. If they relied exclusively on someone’s presentation of events, their judgments would inevitably be emotional and subjective. Only an integrated approach – data analysis and detailed conversations with the right people – allows you to seize the essence of the matter and make the right decision.
Principle 10: Openness on its own initiative
Many people think about openness as a readiness to answer questions. Billionaires are distinguished by the ability to anticipate questions. They initiate openness and publicity, wanting to avoid misunderstandings and exclude any situation that can slow down the work of their company.
They do not wait for people to approach them for clarification. They understand how important it is to tell the truth and explain to others what they really want. Such openness is vital, because it guarantees the understanding by members of the team of the consequences of what is happening, increases their trust in leadership, eliminates suspicions of silence in information. Regardless of the experience or size of business, any entrepreneur can use these principles in his own business.
