How to be successful | how to become rich

 How to Be successful in your life 

Hello everyone 🙋 , today I am going to tell you several characteristics that every successful person has and if you have them you will definitely become successful one day , but if you don't have them don't worry you need only to follow these habits and you will become a successful person a day. So let's start 

1. Burning Desire

The first and the most important thing you should have is the burning desire . To explain it I will tell you story 

Once there was a king who want to own a beautiful island nearby his Kingdom , so one day he ordered his soldiers to attack that Kingdom and when the king and his soldiers which  were around 500 reached there through their ships they see that the army of that island was very very and very big infront of their army , but the king had a burning desire to conquer that land so he ordered his soldiers to burn their ships so that if they wanted to go back that couldn't be able to and they had only one way to survive and that is to fight , at last he won the island and his story became very popular.

So we learned from this story that a burning desire is very important to achieve success . I think you would probably have it .

2. Goal setting

I think that you are thinking that you know that you should have a goal and bla bla bla . But successful peoples goal setting plan is different first main difference is that they have very big goals like to be a centimillionaire or a billionaire . The second thing is that they have a plan to achieve that goal , they first plan how could they achieve it and not only this , but at what age , means they have deadlines to achieve a goal .

3. Build assets first

Here meaning of assets is things that earn you money , my meaning is that successful people first save their money and invest it in like stocks , real estate or anything that give them money like a car that they have given in rent . But unsuccessful people buy liabilities first like a a costly mobile phone , a bike for showoff and many things.

So to achieve success you should atleast save 20 percent of your salary and invest it in things that will give you money.

4. Re-invest all your income

If you want to become financially independent this is a very very important point for you , let's imagine that you rented a car and earned $500 per month from it if you save it for 2 years and re-invest it in buying a new car again and renting the new car you will earn $1000 per month and then you again save it for 1 year and again buy a new car then you will earn $1500 per month and then you will buy a new car after only 8 months and now you will earn $2000 a month and then you will be able to buy a new car in only 5 months and then  in only 4 months and then 3 then 2.5 and then 2 and at last you will be able to buy a new car every month and " in only 5 years your income will be 20 times .

This is the power of re-investing .

I will tell you a story to tell you it's real power , once there was a king who was really happy with one of his ministers and said him that " tell anything you want I will give you" the minister was very wise he said I want one rice in first block if a chess board and then 2 rice in second block and 4 in 3 block and 8 in 4 block and so on . The king laughed on him and said " you are very foolish person you should asked for things 

Like gold , silver , etc. The minister said that he only wanted this and nothing else . And  the number of grains in last block were 18,446,744,073,709,551,615 that's pretty huge and the king was not able to give these grains to him , so he said sorry to the minister and in turn made him his prime minister . 

So friends , this is the real power of compounding.

5. You should never stop learning

The same habit in every successful person on earth is that they always learn something new. Because they know that no matter how much they learn there are infinite things that the don't know and the second thing successful people know is 'the more we learn , the more we earn".

Even peoples like Warren Buffett , bill gates, Elon Musk still learn many hours a day . 

You think that after a degree you don't need to learn more but if you want to be a successful person you should never ever stop learning.

6. Don't just read or listen follow.

They last and the most important thing , follow everything you have read in this article , because most of the people only read motivational videos and read articles but there are only few who follow them . 

If you are very procastinating , and are trying to be productive but can't??  Read 

this to be a productive person

https://success-pedia.blogspot.com/2020/09/consistency.html?m=1

Thanks you for reading and if you liked our article read more articles on our website success-pedia.blogspot.com