5 Strategies Successful People Follow To Get Richer And Smarter

(timesofindia, )

There is one thing that is common among successful and rich people around the world—most of them know how to build upon their success and add to their wealth. Like a force of nature, they are almost unstoppable. However, there is hardly an overnight rags-to-riches story. Some have a humble beginning, for example, Steve Jobs, or some are born into money. But that does not mean they stop working hard after they became successful. They work to make their empire even more powerful. To do that people mostly follow some strategies that help them grow. So, let's look at five such strategies that many successful people follow to grow richer and powerful.

Don't wait for the perfect job

A lot of well-educated youths in India, also around the world, wait for a perfect job without even realising how much time they are wasting doing that. For successful people, time is money and they would never waste time waiting for something that might or might not happen. So, instead of waiting for the perfect job, you should invest your time to learn new skills or do something which would take you nearer your goal.


​Learn to take calculated risks

Now if you want to succeed in life, you should know how to take risks. It's not just about risk, but it's about 'calculated' risk. Taking risks to grow a business after weighing the pros and cons is the sign of a smart person. Whereas taking unnecessary risks just for the sake of growth can make a person fall flat on his face.


 

Working just for money isn't enough

American billionaire and business tycoon Warren Buffett had once said that professionals should think about doing a job that would make them happy if money isn't an issue. “You really want to think about what will make you feel good,” said Buffett at the Berkshire Hathaway 2017 Annual Shareholders Meeting. Successful people around the world know how to prioritize their passion over money because when you do something you love doing, you would never lose interest and will always be motivated to work harder and better.


 

Investment vs. savings

No one in this world has become rich merely by saving money, right? To grow your wealth you need to know where to make the right investment rather than just letting your money rest in some bank account as savings. Another useful strategy that will help you become richer is by taking the help of financial advisers. All successful people take the advice of financial experts when it comes to money.


Reading and growing your knowledge

To be successful in life you need to have a very sharp brain and what could be a better way to train your intellect than by reading? Elon Musk, the CEO of SpaceX and one of the richest men in the world, reads almost 500 pages daily and during his school time he used to read for almost ten hours. Billionaire Warren Buffet is also an avid reader. Reading helps you keep yourself updated about what is happening around the world and that makes you a smarter person.

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