Just like investing, we all know that over time a little bit here and there can add up to big things. And it’s just the same with our daily habits.
When we look at our personal habits it can be hard to establish which routines should be part of our daily lives to create a successful lifestyle. What are the regular habits that can help us to be productive and effective, yet stay happy and healthy?
-> -> Let’s turn to the billionaires to get some advice! <- <-
We’ve put together this list from some of our most influential billionaires, of the 3 things they do every day to be successful:
1. Take time every day to reflect.
Ray Dalio has been quoted to say that he thinks “meditation has been the single biggest influence on my life”. Dalio, is the founder of the billion-dollar hedge fund Bridgewater Associates and is well known for practicing a special type of meditation called Transcendental Meditation. He has been practicing TM for more than 40 years (since age 26!) and says it has given him the ability to put things in perspective.
There are many sources online that say having a time set aside to analyse your thoughts can help with stress reduction, as well as helping to boost brain activity to help you to pay attention.
2. Add regular exercise to your week.
There is a huge list of billionaires and successful business men and women who incorporate exercise as part of their daily routine so it should come as no surprise to you that exercise is the second on our list.
Elon Musk is just one example of a billionaire on the iBillionaire list who likes to exercise regularly. In fact, to save time on his commute, Musk has packed his 20,000+ sq ft home with a full suite of gym equipment. While it would be nice to have the same opportunity to own a home as big and fancy as Musk’s, getting in a daily amount of exercise doesn’t have to be quite so expensive. Twitter co-founder Jack Dorsey likes to run six miles every morning (after taking 30 minutes to meditate, by the way!) and billionaire Richard Branson wakes up at 5am every day to play tennis, swim or go for a bike ride. “I definitely can achieve twice as much by keeping fit,” says Branson.
3. Read. A Lot.
Warren Buffett is no stranger to setting himself up for success through his daily routines. As part of his breakfast routine, Buffett reads multiple newspapers. He starts with The Wall Street Journal, USA Today and Forbes. Throughout the day Buffett is constantly reading other papers too: The Financial Times, The New York Times, The Omaha World-Herald and American Banker are constantly under his scrutiny. He estimates that he spends as much as 80 percent of his day reading!
“Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it, ” says Buffett.
Looking for reading inspiration? Check out our must-read list here!
Habits are super important to our daily productivity, health and happiness. These three habits listed above seem super simple but can be hard to build into your daily routine. But as we’ve seen, the billionaires swear by many of these healthy hacks as instrumental to their success.
It’s the motivating factor that we all need! Which habit will you start today?