We all hear of aspiring stories about how a person has grown a successful business from scratch.
Take Ben Francis, who at the age of 19 created gymwear brand, Gymshark, from his bedroom. Today, it is the UK's fastest growing company with annual turnover of over £75mm.
If you've ever wondered what it takes to get ahead, like successful entrepreneurs such as Ben, the answer is that you need to be highly disciplined.
Most entrepreneurs credit their success to simple daily routines which have been proven time after time to give them an edge.
We detail some of the most important below.
They set goals, and work to achieve them
Most self-made millionaires plan to get rich and then make it happen.
Written down goals that harness your emotional energy, and that you commit to achieving, is one of the most powerful actions you can take to achieve the success you want.
Without goals, efforts can become disjointed and often confusing. Goals provide a focus. They also help you measure progress, stay motivated and prevent procrastination.
They read, and read some more
Almost all successful people read daily, with most devoting at least 30 minutes or more to this method of self-education.
Warren Buffet acknowledges the accumulated knowledge gained through reading, “It builds up, like compound interest”.
The successful are highly selective about what they read, opting to be educated over being entertained; they tend to opt for biographies, history, and self-help books.
Elon Musk, the co-founder of Tesla, is known to be an avid reader who grew up reading two books per day. When asked how he learned to build rockets, he said, "I read books."
They can’t get enough sleep (and wake up early)
More sleep, not less of it, is the secret of success.
Better quality sleep has been associated with a myriad of superior cognitive functions such as memory function and creative thinking.
Indeed, a large study of self-made millionaire found that almost 90% slept seven or eight hours each night or more.
Those enjoying a full 7 hours include Jeff Bezos, the founder and CEO of retail giant Amazon (the world’s richest man), Jack Dorsey, the founder of US tech company Twitter.
Research also suggest that there is a correlation between success and waking up early.
A comprehensive study in the US showed that almost 50% of the self-made millionaires in the sample woke at least three hours before their workday actually started.
Many of them use the free time to tackle personal projects, plan their day, or make time for exercise.
They allocate time to think
Studies have shown that entrepreneurs tend to have up to 30 minutes a day of isolated contemplation, most often in the mornings.
The thinking time is used to reflect on the major pillars of life such as career goals, health and personal relationships.
There are only 1,440 minutes in a day. Successful people know this and waste as few minutes as humanly possible.
The thinking time is used in part as a time management tool, to try to enhance the satisfaction and achievement with respect to each of these pillars.
Quiet time to analyse your thoughts is also associated with stress reduction.
They make exercise a priority
It’s a widely known fact that aerobic exercise has huge positive effects on the body.
This includes improving our cognitive function in areas such as awareness, memory and concentration.
It’s also shown that working out regularly makes us feel more motivated.
According to studies, over two thirds of successful people allocate at least 30 minutes a day for aerobic exercise such as running, cycling or swimming.
The founder of Virgin, billionaire Richard Branson, said that he doubled his productivity by changing his routine to wake up at 5 am to play tennis or bike.
Written by Matthew Sweeney, Co-Founder
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