I like to reevaluate goals for our personal and business life around this time of year. Why? Showering yourself in gratitude allows you to be in a mindset that is open to changes. Any goal you have set, you have achieved so let's plan for the next year and be open to change. So what on earth does this have to do with Billionaire entrepreneurs? Simple, you want to be in good company as you accumulate wealth and improve your business and personal life. So here are 5 traits that all billionaire entrepreneurs have in common that can help you level up in life and business:

1. ENTREPRENEURIAL MINDSET

Becoming a billionaire starts with thinking like one.  The billionaires emphasize their inclination towards finding their own path, creating their vision, and growing it to become a reality. Being able to blaze your own trail and create solutions is part of what billionaires attribute to their success.

2. EMPATHETIC ABILITY

Successful people can make friends with anyone. To execute deals and grow business, you need to be able to get along with people.  Even further – you need to be able to connect with people and get them to favor you.  A billionaire’s ability to persuade and communicate with other people is pivotal to their ability to succeed.

3.WILLINGNESS TO TAKE RISKS

Rarely is the winning lottery ticket handed to you. Every billionaire has had to take a big risk at one point in his career.  Elon Musk is known for investing all of his earnings from PayPal into Tesla and SpaceX, and in doing so risked everything.  Yet in doing so, he put himself in a position to make a lot more money than he ever had before.

4. BIG-PICTURE THINKING

Big ideas require big-picture thinking.  Billionaires are dreamers whose willingness to win is strong enough for them to fight through every obstacle in their way.

5. RELENTLESS WORK ETHIC

Billionaire entrepreneurs aren’t made overnight. The first million is harder to make than the next and the next.

Whether you have a great idea or the means to accomplish it, creating enormous wealth takes an equally enormous amount of effort sustained over a long time. Persistence and devoted energy over a sustained period of time is necessary to see your dream through fruition. Remember, it is a marathon and not a sprint.

As we plan for the year ahead, it is vital to prep for the marathon and not sprint to burn out. Apply working smarter, not harder and these traits to your life and business and watch it change.

Whats Next?

starter to ceo coaching