category: your career

The Top 10 Keys To Success

Billionaires: behind some of the most innovative, successful or interesting companies in the world.

I’ve had the pleasure of meeting a few. On the whole, they’re pretty nice people. From my interactions with them, I’ve had one interesting observation; they were never in it for the money. And the money never defined them.

Some of my observations were affirmed after Barbara Walters interviewed 4 billionaires. They shared with her their 20 secrets to success. I listed some of my favorites below– and italicized the ones I really love.

1. Always be true to yourself.

2. Rather than focus on work-life separation, focus on work-life integration.

3. Don’t network. Focus on building real relationships and friendships where the relationship itself is its own reward, instead of trying to get something out of the relationship to benefit your business or yourself.

4. Remember to maximize for happiness, not money or status.

5. Think about what your definition of success really is. Is it externally driven or internally driven?

6. Get ready for rejection.

7. Success unshared is failure. Give back — share your wealth.

8. Successful people do all the things unsuccessful people don’t want to do.

9. Don’t lie, cheat or steal for one penny or one dollar — ever.

10. Business with bad people is always bad business

11. A Bonus One:  Live your life full throttle. Take risks!

For more read: Wall Street Journal: Billionaires Share Their Secrets to Success

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How Do You Earn Cash on the Side?

Let’s face it, it’s a tough economy. There is a lot we can do to maximize our current jobs (read: How to Make More Money). But if that fails or if you are out of work, look to these sources for extra income.

 

Consulting:

Consultants have it great! Think about consulting in your areas of expertise or interest. Then advise on it. Set up a business on the side. These jobs can pay hourly, have flexible schedules and add between 50-300 dollars and hour.

Investing:

While no form of investing is without risk, there are certain bond and stock investments that throw off cash in the form of coupons or dividends- more than a savings account.

Network Marketing:

Use your friends or contact base to sell a product a make a percentage of the profits. There are many options for this in many different fields of interest.

 

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