The most successful entrepreneurs in the world, such as Bill Gates or Elon Musk, use techniques that allow them to achieve all their goals in the businesses they enter. But what is their secret?
To find out the writer Thomas C. Corleyauthor of ‘Rich Habits: The Daily Success Habits of Rich Individuals,’ analyzed the habits and routines of 177 billionaires.
Said analysis was carried out over five years where he concluded that the key to his success lies in learning, according to the Spanish media outlet 20 Minutes.
Corley found that most of these people did not spend time watching television, but they did spend time reading.
THE FIVE HOUR RULE
The writer discovered that entrepreneurs like Bill Gates and Elon Musk perform what is called the ‘five-hour rule’, an expression coined by entrepreneur Michael Simmons.
It consists of dedicating an hour of time each day, for five days of the week, to a learning habit.
Reading, listening to audiobooks, writing or planning some cultural activity can be some of the examples in which to invest this time.
In this way, new knowledge and learning are acquired for decision-making in the future.
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South African Elon Musk often studies something new about engineering, for his job; while Bill Gates assures that he reads about 50 books every year. For his part, Mark Zuckerberg reads at least one book every two weeks.
Without a doubt, these are some practices that have allowed him to continue being successful over the years. Therefore, Corley recommends following these rules if you want to be a successful entrepreneur and not have your business fail, so he follows this simple rule and see how your business goes.