It is said that wealthy businessmen share consistent habits, despite differences in many details. This is according to a report prepared by Forbes, the leading business magazine, which found common personal traits among wealthy businessmen worldwide, including:
1. Constant Reading
63% listen to audiobooks while driving.
79% read books related to their professional specialization.
55% read self-development books.
58% read biographies of successful businessmen.
94% read about daily news and current events.
51% read about history.
Only 11% read purely for entertainment, such as novels.
2. Social Media Is Not on Their Schedule
63% of the worldโs wealthy spend less than one hour per day on the internet unless it is work-related. They spend their free time on self-development, building relationships, and volunteering.
3. They Count Every Penny
Many people imagine that businessmen spend without limits. On the contrary, wealthy people advise that an average person should not spend more than:
25% of income on housing (rent or ownership),
15% on food and beverages,
10% on entertainment, trips, and travel.
At least 15% of income should be invested in profitable projects.
4. They Have a Role Model
Most wealthy people have a role model or mentor in their professional life. They stay in constant contact with them and seek their advice in both personal and professional matters. This is not easy and requires time and effort, as sincere mentors are rare. Benefits include:
Avoiding mistakes the role model previously made.
Motivation and encouragement, especially during difficult times.
Help in building relationships and connecting with the right people.
5. No Retreat, No Surrender
There is no giving up. There is no such thing as luck. They donโt blame circumstances, difficult living conditions, or the country for their mistakes.
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