• Alonso Lozano

3 Habits Rich People Keep (It’s Not Reading or Exercising)

Updated: Apr 7, 2019

Too often we hear the same question. Why rich people get richer and poor people get even poorer? Yes, it’s a lesson taught many different ways by super-achievers. One could say mindset is the real reason, while the next video talks about habits. Anyways, I find both to cause the gap between being rich and being poor.

However, I want you to come with me to discover 3 habits rich people keep. Front on, I tell you it’s not what you expect. It is NOT reading nor exercising (which are also rich habits) what we’ll talk about. I want to go beyond conventional wisdom. So stay with me.

Rich People Habit #1 – Thinking.

There are times when we feel overwhelmed. And when rich people feel overwhelmed, they celebrate it. By the way, I learned this from Dan Lok.

Now, you want to pay attention to this. It’s okay to be overwhelmed when you’re on the right track. It’s NOT okay to feel overwhelmed when you don’t know what to do to get where you want to be. That’s a problem, my friend. That’s lack of clarity.

People are afraid to have a concrete plan to achieve their goals. They feel overwhelmed because they don’t know how to be successful. But deeper in their gut they fear success… it’s too much responsibility for them.

To find clarity in your life and in your business, you gotta THINK. Each day give yourself time to think.

Where do you want to go?

What do you need to do every single day to own your goals?

Who do you need to talk to?

How many phone calls do you need to make?

Be precise.

A few weeks ago, I started blocking some time for this. Just to think. Standing on my dark room, nothing grabbing my attention, just me, myself, and my mind. It’s hard to understand how this habit helps you until you get to do it yourself. So I strongly recommend you give it a shot, you’ll see many great ideas spring up to your head. And always have your pen and paper ready to take notes.

Rich People Habit #2 - Sharing.

Not what you think. I’m not talking about millionaires sharing money with those in need (although I know most of them do so – a lot). If you pay close attention to rich people’s social media, you’ll see they have something in common.

They share tons and tons of valuable content. They post free information through different platforms – constantly. You could visit their profile at 2 pm and by 8 pm they might have 2 more great posts, each one with a long description and a lesson.

Sometimes it bothers me. But it bothers me in a good way… let me explain. I don’t check my news feed frequently, maybe once or twice a week. Knowing how some platforms’ algorithms place the posts you’re most interested in first on your screen, I wait for them to accumulate and then I go and see the bunch of new stuff I’m into.

I gladly chunk 15-20 minutes of my time for social media… you know, to relax myself. It always happens that I’m so grabbed by my news feed that I keep scrollin’ and scrollin’ forgetting about time. Only to be stopped by a catchy post from Dan Lok, Robert Kiyosaki, or Darren Hardy. These successful people now what they do when it comes to marketing, so I feel compelled to read their posts.

As I finish doing so, I just feel bad. I regret having wasted time scrolling through my news feed, even though I chunked off time for it. Anyways, I always learn a lesson from these posts, and that’s what keeps me reading them.

If you think it through, it’s a win-win scenario. These rich people I like to call “my mentors”, share so much content that they win a lot of exposure. Who doesn’t like to get free information, right? As they get more exposure, they get more clients, and as they get more clients, they change more people’s lives, while making some money.

Isn’t it amazing how sharing your knowledge is rewarding? It’s the perfect example for a phrase you’ve heard before: “Give and you’ll receive.”

So what are you going to do next to make sharing a habit?

3. Prioritization

Believe me when I tell you it’s a skill you have to develop. This goes by the hand with having clarity, knowing where you’re heading at and what to do to get there.

As I learned from Anik Singal: “How do you eat an elephant?”

One bite at a time.

You know who’s fault is when you quit your New Year Goals? Do you know who’s fault is when you quit on a big project? Yeah, it’s YOU… but it goes deeper.

You don’t know how to prioritize your work and that’s your weakness. But the fact that you’re reading this right now tells me you want to do something about it, is that correct? If that’s the case, keep reading.

We tend to have a very long To-Do list to “helps us stay organized”. Wrong. To-Do lists are good when you’re focusing on ONE thing broken down into smaller chunks. Two or three things also work, but make sure that’s all for your entire week.

If you think you can’t get rid of your 20-task to-do list, you lack prioritization.

Here’s how to work on your 3 MVPs (your most vital priorities):

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I like to do this on Sundays to make sure I’ll work on the right things during the week. Take 5-10 minutes every night to plan the next day, it will make a difference.

And to make it more interesting… track your time. Set up a time-limit you’re willing to invest in your projects and challenge yourself to be more productive ;)

A quick recap:

Think. Stay silent and just think.

Share content, share your knowledge. It pays back.

Prioritize. Tell your To-Do List to fuck off. 3 things max.

What if you could start developing these habits today? Share this article with your LinkedIn network. They’ll thank you for it.

Did you find this article interesting? I look forward to reading your comments below!

Until next time,

Alonso Lozano

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