Have you heard this phrase "Learn more to earn more", people who have more information have a tremendous advantage over people who don’t.
And though you may think it takes years to acquire the knowledge you would need to become super successful.
The truth is that simple successful habits and behaviors such as reading for an hour a day, turning television time into learning time, and attending classes and training programs can make it surprisingly easy to increase your knowledge—and substantially increase your level of success and help you to make money fast.
In this blog, we will discuss 8 timeless wealth creation success principles that you must know to ensure that you are financially successful during your lifetime.
Success Principle #1. Decrease Your Television Time.
The sad reality is the average American watches television 6 hours a day. If you are one of these average folks, by the time you are 60 years old you will have wasted 15 years of your life watching television. That’s one fourth of your life!
Do you really want to spend one fourth of your life watching other people—the ones on television who are working—getting rich living out their dreams while you are vegetating?
When I first took a personal development of, W. Clement Stone, he explained in the course to eliminate 1 hour of television a day.
He went on to explain that cutting out just 1 hour of television a day creates an extra 365 hours per year (that’s over nine additional 40-hour workweeks—2 months of additional time!) to accomplish whatever is most important to you.
A success principle that will indirectly help you to make money fast.
Do. “Anything productive,” in that precious time. “You can learn a new language, get super fit, spend quality time with your wife or children, learn to play a musical instrument, make more sales calls, or go back to school and get a degree.
But what I most recommend is that you read for an hour a day. Read inspirational autobiographies of successful people.
Read books on psychology, sales, finance, and health. Study the success principles of successful living.” And that is what I did to improve my skills which eventually helped me to make money fast and achieve financial freedom.
Success Principle #2 - Learn More To Earn More - Remember Leaders are Readers.
Self-made millionaire Dr. John Demartini made a list of all the Nobel Prize winners, then made a list of all the greats in those same fields—whether it was poetry, science, religion, or philosophy.
He then proceeded to read their works and their biographies.
Reading pays off. “You can’t put your hand in a pot of glue without some of that glue sticking,” says John. “So, too, you can’t put your mind and heart into some of the works of these masters without some of it sticking.
If you read about immortals, you increase the possibility of leaving an immortal effect. The result has been enormous for me.” Jim Rohn, America’s foremost motivational philosopher, also suggests you use that 1 extra hour a day to read.
He says that if you were to read one book a week, in 10 years you’d have read 520 books and in 20 years, more than 1,000 books—enough to easily put you in the top 1% of experts in your field.
Add to those the books from masters in related areas and you’d have an edge that others simply don’t have.
So the secret success principle is - learn more to earn more.
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Success Principle #3 - Study the Lives of Great People
Numerous books have been written on the benefits of having a good mentor. While it’s important for us to find a mentor now, in the present, that’s living. History is where we can find the wisdom we need to model a successful and virtuous life.
History is littered with the greatest examples set for us by the greatest minds.
You can success principles from life stories of these people. They faced similar problems but faced them in greater situations, and in tougher times. The leaders of armies. The leaders of nations. The leaders of revolutions.
We can learn from them all, and they won’t charge you a nominal monthly fee, to peer into their thoughts.
Studying the success principles of people that have solved the problems before us can show us how we can tackle the big problems in life.
Think about talking entrepreneurship with John D. Rockefeller. Observe strategy with General Patton. Or Learn Philosophy from Plato himself.
Remember what I said above learn more to earn more.
“History Doesn’t Repeat Itself, but It Often Rhymes” remarked Mark Twain.
In this regard, not only can studying the past help us with our character, but it can also help us to learn how to make money fast.
The stories of the past will urge us to bigger heights. We should be inspired by the victories for the common good. But also be students of the bad.
Achieving this balance will help us avoid the landmines that lie ahead of us, on the road to life, we wish to live.
Success Principle #4 - Attend Success Seminars, Conferences, and Retreats.
I remember the first time I attended a success seminar. Thousands of people were on hand to learn from many of the greatest speakers, trainers, and motivators of our day.
You, too, can access these powerful learning experiences by attending seminars, conferences, and retreats—additionally benefiting from the excitement and inspiration of your fellow attendees and the networking that goes on at these events.
These success principle ideas can change your life if you take action and small steps everyday to better your life.
Success Principle #5 - Be Teachable.
To learn and grow in life, you need to be teachable, too. You need to let go of already knowing it all and needing to be right and look good, and open yourself to being a learner.
Listen to those who have earned the right to speak, who have already done what you want to do.
Remember when you are teachable, you are naturally positive in life, you listen to the input from others around you and continually use it to improve your life.
Embracing teachability isn’t just for our benefit.
Sure, it has the potential to shape us into more well-rounded individuals, but more importantly, it can mold us into people who love others better.
When we’re teachable not just for ourselves but for others, too, we can help them feel seen, listened to, and valued — just like Jesus did.
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Success Principle #6 - Be Prepared When Opportunity Knocks.
In his book Live Your Dreams, Les Brown tells the story of how he dreamed of becoming a popular Miami disc jockey. “When I set out,” he says, “I had no idea how I would do it, but I knew life would present the opportunities if I was prepared and in a position to take advantage of them.”
Les shadowed his high school drama teacher, learning as much as he could about linguistics.
Together, they worked on Les’s speaking voice.
Soon, Les began developing his own on-air style of patter, pretending at school that he was performing on the radio. He sought out mentors who could prepare him for the opportunity of being on the air.
And after high school, though Les earned his wage as a city sanitation worker, his persistence landed him a job as a late-night gofer at a prominent Miami radio station.
Les immediately took advantage of the opportunity to learn even more.
He absorbed all he could— hanging around the disc jockeys and engineers and practicing what he learned in a makeshift cardboard studio he created in his bedroom. His microphone was a hairbrush.
Finally, one night, a deejay couldn’t finish his show and Les had his chance to get on the air.
When the chance came, not only was Les prepared to be on the radio but he was also prepared to be great on the radio.
The style, patter, dialogue, and broadcasting skills he had worked so hard to develop paid off instantly—Les was an immediate hit, and he was later promoted to fill-in deejay… then finally became a full-time disc jockey with his own radio show.
Success Principle #7 - What Do You Need to Do to Get Ready?
If you’re an industry expert and believe your consulting business would skyrocket after presenting a workshop at the national convention, why not get prepared now…by writing your speaker’s kit, joining Toastmasters, outlining and practicing your speech, and getting ready to be on the platform?
If you want a promotion at work, why not ask your boss what it takes to become promotable?
Perhaps you need to go back to school and get your MBA. Or maybe you need 1 year of accounting experience.
Or perhaps you need to learn the latest software programs. Do that, and when the next promotion comes around, you can say, “I’m ready!”
Do you need to learn a new foreign language? Could you develop advanced skills, more resources, or new contacts?
Do you need to get your body into better physical shape? Should you expand your business skills, sales skills, or negotiating skills?
Are you learning new skills on the computer? Do you need to learn golf so that you can make business deals on the golf course?
Would it improve your life and marriage by taking dancing classes with your spouse?
Are you learning to sail or play tennis? Do you need to learn to play a musical instrument, take acting classes, or learn how to write better to get where you want to go?
Whatever you need to do to get ready, get rid of your limiting beliefs, start now by making a list of the top 10 things you could be doing to be ready when opportunity finds you.
Take classes on your own time. Read books. Get new skills. Go to your industry’s trade show. Dress the part. Look like a player before you’re there.
As Les Brown’s story teaches us, all it takes is passion, persistence, and belief that someday the opportunity will come. Start getting ready now.
Remember the phrase - learn more to earn more
Success Principle #8 - Commit to Lifelong Learning
Realize that the amount of knowledge and information available in the world is growing at a mind numbing pace.
In fact, it has been said that all human knowledge has doubled in the last 10 years.
Don’t expect this trend to slow down with the social media moving at this remarkable pace.
More alarming, the information that allows you to be successful—to be on the cutting edge of your career and profession—is evolving at the same pace.
That’s why you must commit to lifelong self improvement and learning—improving your mind, increasing your skills, and boosting your ability to assimilate and apply what you learn.
