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Showing posts with label Young. Show all posts
Showing posts with label Young. Show all posts

Bill Gates' Advice, for Young People Who Want to Be Rich



10 Advice by Bill Gates to Young People Who Want to Be Rich

He became a billionaire in 1987 at the age of 31 and the richest man in the world at the age of 39, Bill Gates has since then remained one of the richest people in the world.

Kind of him, he has given various advice to young people over the years on how they can become rich and successful.

By sharing with you 10 of the most inspiring advice Bill Gates has given and I hope some of his advice change your life.

No. 7 is our favorite advice and I need you to see it Let’s get started.

Advice No. 1.

"Don't compare yourself with anyone in this world ...

 If you do so, you are insulting yourself."

Abraham Lincoln once wrote to the teacher of his child to make a request.It was a simple one; “Teach him that nobody in the world is bigger than him and he’s bigger than no one”.

Unfortunately, most young people in our world today live their lives comparing themselves to every other person and end up trying to be everyone.That’s the path to unhappiness and failure in life.

Listen!You’re a unique being who is not designed to be good in everything, but in somethingunique.

Your life’s mission isn’t to beat other people in their games.Your life’s mission is to know your own game.

Be yourself.Know that nobody is better than you and you’re better than no one.You’re simply a unique being who is capable of achieving what nobody else can.

Advice No. 2.

"To win big, you sometimes have to take big risks."

The best time of your life to dare life is when you’re young because you have nothing to lose, really nothing.

  • Don’t take life easy.
  • Don’t live like everyone.
  • Don’t just talk about your dreams.
  • Wake up and pursue it.
  • Don’t make excuses.
  • Start with whatever you have wherever you are.
  • Get out and get lost.

Advice No. 3.

Your exposure from a young age to the realities of the world is a super-big thing.

Most people don’t know what life really is, until they are 40.Most people live with the illusion that life is (or should be) easy.Most people expect the government or their parents to solve their problems.

The earlier you understand the realities of life, the more successful you will become.

What then is the reality?Well, the reality is that, life is tough and nobody will help you to solve your problems.

We’re sorry, your parents or government cannot help you.

The earlier you take 100% responsibility for your life, the more successful you’ll become.

No. 4.

You need a coach.

It doesn't matter whether you're a basketball player, a tennis player, a gymnast, or a bridge player In life, you’ll become the person you admire.If you don’t admire anyone significant, you’ll become nobody significant.

You need a coach, someone to inspire and challenge you, someone to help you believe in yourself.

Your coach doesn’t always have to be someone you have physical access to, you can decide to read books written by people who have achieved what you want to achieve.

You can follow such people online and watch their inspiring videos.

But why is this important?

Simple; because life is tough and most people around you don’t know anything about success.

If your father isn’t successful, he can’t teach you how to be successful.

If you siblings are mediocre, they can’t inspire you to be successful.

That’s why you need to look outside your domain for someone who can inspire and challenge

you.

No. 5.

"If you show people the problems and you show people the solutions, they will be moved to act."

To be successful in life, you must be able to lead people and to get them motivated toward a common goal.

To motivate people into actions, you’ll have to show them what the problem is and what can be done to create a solution.

As a leader, don’t just give instruction, let people know the reason why what has to be done needs to be done.

No. 6.

"Success is a lousy teacher.

It can seduce you into thinking you can't lose."

If you want to be successful for a long time, you have to be humble.

So many people have been successful for few minutes because they got to a point where they started thinking that they know it all.

People who are successful for a long time never stop learning because they know that they can lose if they don’t keep on learning.

 No 7.

I spend a lot of time reading.”

Even as one of the richest man in the world for over 3 decades, Bill Gates still remains a voracious reader because he understands that life changes every day and the only way to remain relevant is to keep on learning.

In this day of social media and “interesting” movies, how many young people take time to read good books anymore?

Yet, the books you read determine the future you’ll have.

Just as Charlie Jones said; “You will be the same person in five years as you are today except for the people you meet and the books you read”.

No 8.

We start life with many big dreams–things we want to accomplish, create, build and experience.

But if you ask anyone past the age of 40 what happened to all the dreams they had, they will most likely answer; Life.”

According to a study, out of 60 people who are planning to start their own businesses right now, only one of them will ever start anything.

Not only business, people generally hate the pains of taking action, so much that, even when they try to take action, the first failure or second send them back to their comfort zone.

Most people are dreamers because dream is sweet.You can’t be healthy for long if you only eat sweet things.

Dream is sweet and everyone eat it.Action is bitter and that’s why only few people take proactive, determined and persistentactions.

Be among the few who get up from their dreams.Get out and get crazy.

No 9.

"Our success has really been based on partnerships from the very beginning."

The first big success of Microsoft happened in the year 1980 when Bill Gates partnered with the IBM and ever since then, Bill Gates has always been on the look out to whom he can partner with.

His passion for partnership was so strong that Microsoft even went to the extent of partnering with one of their biggest competitors, Apple computer.

What can you learn from this?Two are better than one.

You’ll grow and succeed faster in life, if you learn how to work with other people.

No 10.

"Your most unhappy customers are your greatest source of learning."

This explains itself.

Your unhappy clients and customers give you feedbacks about what needs to be corrected in your products or services.

In summary, if you want to be rich and successful in life, don’t compare yourself with anyone,never allow your dreams to die, be strong and take risks, be humble, read good books and learn how to work and partner with other people and share it with your friends on social media.

https://youtu.be/p0pgrq-DXCY

10 Mistakes Most Young People Make & Regret Later in Life

Adolescent and early adulthood is just too exciting, no wonder most of us make several mistakes at a time like that.

I will be sharing with you 10 mistakes most young people make and regret later in their life If you’re still young, you’ll have opportunity to correct some of these mistakes.

If you’re already 75, well, we’re sorry.

Hahahaha….

Mistake No. 1 Young People Spend money on trivial things

Most young people want to have fun; they want to enjoy their life and feel among.They look at others and want to be like them, buy what they buy and live the way they do.

Young people are more likely to run after fashion, style, fun and many more.There’s nothing bad in being fashionable and buying latest iPhones except it’s making you poorer.

As a young person, your primary assignment should be to build a solid financial foundation for your life.

To do this, you have to have the habit of saving and learn about investing.You can buy everything and anything your heart desires but that’s after you have built wealth.

I know, that’s an ugly advice for anyone at 20s, until you’re 50 and know what itmeans to be broke at such age.

Mistake No. 2.

Young people think Schooling is enough to get rich

Maybe this isn’t their fault actually,maybe we should blame the society for this.

You see, your education actually truly starts the day you leave school.You may not like to hear this but it’s the truth.The real world is very different from the four walls of the classroom.

Truly successful people are people who learn daily, even two decades after they’ve left school.

Unfortunately, most people of the world stop learning the day they leave school and that’s a big mistake that leads to poverty and unfulfilled life.

Read good books,listen to good audio program.School doesn’t teach you much things as you’ll like to believe.

Mistake No. 3

Young people tend to give up easily 

It is so easy to just quit when something feels too hard.The idea of giving up what you’re doing to just try something else, can be the easier option sometimes.

It might be that you don’t like what you are doing.But the biggest mistake you can make sometimes is to give up.

Pushing through the hard times is what makes a stronger and well-rounded person.When things start getting a little tough, don’t take the easy way out.Keep on pushing through and you just might surprise yourself.

When you work through something tough and come out the other side, there is no better feeling.Don’t give up.Keep on fighting!

Mistake No. 4 Young People Do Accept Whatever they Hear and Believe anything.

Young people are people with great minds, full of opinion, but they will rarely challenge what they hear from older people.

Youth should be a time of learning, but also questioning what you are told and even get deeper into your own best thoughts and points of view.

Experience may lead you to discover that issues that seem black and white are actually many shades of gray.

Age doesn’t necessarily come wisdom, and many young people too easily accept what they hear from older generations.Following your instincts can take you a long way, if you know how to follow it well.

Mistake No. 5 Young People Invest Without Research

Reading and hearing stories of people who have made millions investing on the stock market can make it very tempting to give it a go yourself but don’t do that.

Investing can be a very rewarding thing but it’s not as easy as just throwing your money away on random shares.

As a young person, you need to do some research.If you invest wrongly, it can mean you lose a lot more than you put in.

If you truly want to master investing, the best way to go about it is to study some really good books on that subject.

Taking time to read 10 good books about stock market or real estate can save you from unnecessary headache that comes with losing your hard earn investment.

Mistake No. 6

Young people always want instant gratification.

 Maybe this is the biggest mistakes young people make.

Young people today are under great pressure to establish a successful career as soon as possible, to find the perfect partner at the earliest opportunity and most importantly,to enjoy themselves right here and NOW.

They always want everything NOW and that usually lead them into unnecessary short cuts, debt and unhappy future.

Mistake No. 7 Most young people don't save money.

A recent survey of 1,003 people from Bank rate found that 69% of those ages 18 to 29 had no retirement savings at all.

Your retirement may seem far off, but you're doing yourself a major disservice if you don't recognize the importance of saving as soon as possible.It’s not only retirement you should save for.You should save for investment and also for emergencies.

It’s hard to save when all your mates are buying new stuff but if you think you have a better future than theirs, you’ll be disciplined enough to save.

Mistake No. 8 Young people think that love alone is enough

To sustain a relationship Love is undoubtedly a key ingredient in making a relationship work.However, it is not sufficient.

It is possible to be very much in love with someone yet realize that the two of you are fundamentally incompatible.

The best relationships are based not on romantic love but on shared values, dreams and goals.

Communication skills and the ability to argue without hurting one another for the sake of it are also vital.

Since choosing a life partner is an important decision you’ll have to make at your 20s,knowing this truth will help you.Long lasting relationship is about love, but not just that.

Your partner must share a significant part of your values, goals and aspirations or else you won’t last together.

Mistake No. 9 Young people try to please everyone.

When you're starting out as a teenager in your early career, it can seem natural to want to be on friendly terms with your boss, clients, and all of your school mates.

It may be disappointing when you found out that some of them simply don't like you and you’ll start bending to fit in to their expectations.

This is a big mistakes because there’s no formula that guarantees that everyone will like you.You must learn how to deal with haters, very important.

Mistake No. 10 Young people Blame Their Parents for their misfortune 

We’re very sorry, your parents own you nothing.They invited you to this world, yes.But they probably have done the best they know how to do.

If you think their best is not good enough, guy, get out and fix your life.It’s your life and you’re the only one who is responsible.Your failure or success is yours and not your parents’

N/B If you takehtake these  advices you can be a better person in life.

Okay, just before you go, here is the summary of what we’ve shared with you so far;

  • Delay gratification.
  • Don’t buy things because everyone is doing so
  • Learn how to save for investment and retirement purpose
  • Don’t believe everything.Ask questions and challenge status quo
  •  Don’t fall in love because of love alone.
  • Think about values and compatibility
  • Don’t think you’re educated because you have degrees.
  • Learn every day Try things and don’t give up easily
  • Don’t blame your parents or government for your failure.
  • Take responsibility.

If you have any other mistake you can add on comment section and don't forget to like and share

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