When it comes to figuring why certain people are successful, you often finding yourself wanting to know what do they do that I don’t do. What edge do they have over me or my business. Instead of talking about what successful people do, I am going to explore what they do not do.
When discussing these 12 things we’ll take a look at what successful people do not do and I will add my thoughts and/or experience to the conversation where appropriate.
12 Things Ridiculously Successful People Do Not Do
- Worry About Failure. Successful people could care less about failing. In fact they welcome it. Why? Because it gives them the opportunity to begin again more intelligently, thus becoming better! Regardless of the his current political aspirations Donald Trump is a perfect example of this. Why? He’s gone on record as saying he’s gone bankrupt not once, but many times! That has allowed him to learn what did not work and how to fix it moving forward. This is precisely the reason why he is a billionaire. Here’s another example of those who do not care about failing. A professional baseball player. Did you know that if a baseball player bats .300 that is considered a great accomplishment? No. That’s okay. In order to bat .300 it means 7 out of 10 times when you’re up at the plate you FAIL in hitting the baseball while only hitting the ball 3 times. Three times out of 10 you hit the ball and are considered a really good or great hitter. So, Wade Boggs had a career batting average over .300, which means he did not pay much attention to failure. My Example. Throughout the course of my career in Corporate America in B2B sales I would only get face time with 2 out of 10 doctors in which I was trying to sell to. What does that mean? For every 10 doctors I saw only 2 out of those 10 talked with me. That never deterred me which allowed me to be amongst the top sales people in my respective organization(s). That’s a heck of a lot of failure.
- Stay Inside The Box. If you’re insanely successful in business, it’s almost a virtual certainty that you do not stay inside the box. You go outside the box. A couple examples of this in business are as follows. Jordan’s Furniture is a well-known furniture store chain in the greater Boston, MA area, which includes locations in New Hampshire as well. They not only sell furniture, but have turned their stores into a destination, so much so on any given day (weekends especially) you can’t find a parking space. Not only do they sell furniture in their stores, they have IMax movie theaters, restaurants, ice cream parlors, laser light shows, and allow kids to try a flying trapease. They went outside the box and boy it has paid off in spades for them. Another one that comes to mind is when flying Virgin America. The seats are different, they have neon lights that line the cabins, and comfortable plush seats. Not to mention a place to plug in your lap top or cell phone charger while you’re flying. Also, you can use the touch screen on the seat back in front of you to watch television or order anything to eat that you. Once you place an order a few minutes later a flight attendant comes and brings it to you. Also, their safety instructions are done via a professionally choreographed video shown on the seat back in front of you set to pop music. Totally out of the box, but wildly effective.
- Micromanage. This is a big one. Unbelieveably successful people do not micromanage whatsoever. Why? Because they know that the person they hired knows how to do the job they were hired to do, thus let them do it. Perfect example of this has to do with Robert Kraft Owner of the New England Patriots. Robert Kraft hired Bill Belichick to run the entire franchise on the football side of things and stays out of his way. Robert Kraft let’s Bill Belichick do his job. The results speak for themselves. They arguably have the most successful football franchise over the last 16 years, going to 6 Super Bowls and winning 4 of them. Not to mention the 10 or 11 AFC Championship games for the opportunity to get to the Super Bowl. Successful people do not micromanage.
- Quit. Quitting is not something that successful people do. It’s not in their DNA. They do not know what that word means. Take Hillary Clinton for instance. She has gone down this path before as it relates to becoming a nominee for President of The United States. Only, the last time Hillary Clinton got beat by Barack Obama. Fast forward 8 years and here she is again, but this time got the Democratic nomination for President of the United States and quite possibly will be the next President of the United States of America. She could’ve easily thrown in the towel and quit, but she did not. Why? Because she has been and continues to be successful in whatever she does and successful people refuse to quit!
- Do Everything Themselves. Successful people are really good at delegating and letting others do things for them, so they can free up their time to do what they’re good at. Mark Cuban who owns the Dallas Mavericks signs the checks for whom he employs both on the coaching staff and players, but does he scout them and determine whether they’re a good fit for their basketball “system”? Of course not. He lets his basketball operations staff handle all of those aspects of the organization. He knows he cannot possibly do all of that, which is why he has hired competent people to do so. My example. I invest in real estate and I certainly do not do everything myself. Why? A) I am not skilled enough when it comes to major structural improvements and B) It will be cost prohibitive as it will take me too long and I will lose money. I am not in the business of losing money.
- Pay Taxes. Ah, this is a hot topic in media circles as it relates to the current Presidential election and Donald Trump. Whether you like him or not Donald Trump is wildly successful and does not pay taxes. Why? Successful people know the tax laws inside and out (if they don’t know personally then they hire people that do). Which allows them to legally take advantage of all of the deductions they may qualify for. Believe it or not what Donald Trump does is not exactly news, or something that no one else can do. My Example. As stated before I have investment real estate and in 2015 I sold a piece of property and did not re-invest that money. So, I had to pay taxes on capital gains. In the beginning that number was over $10k and my accountant got that number down to $2,500. How? My accountant was able to take advantage of every available tax code I could qualify for, thus getting my tax payment way down. Successful people do not pay taxes. Period. End of Story.
- Ignore Their Employees. Successful people value their employees and do not ignore them whatsoever. Actually they will empower them to make the decisions they need to make to do their jobs to the best of their abilities. If there is strife within the office or “big” picture issues within the organization that need to be addressed or it will have a negative impact on their business as a whole successful people will listen to them and see that the issues are resolved.
- Have Thin Skin. At times people will question your decisions and whether you made the right call or not. As a result of that and depending on how public a figure you are there may be a lot of noise in the media in which you cannot be bothered by. You have to ignore the noise and be steadfast in every decision you make and do not second guess yourself. Successful people ignore the noise and do not have thin skin, letting this kind of stuff bother them. They remain unflappable, no matter what gets dropped in their lap. Name a successful person who has thin skin? Let me help you out with that. THERE ISN’T ONE.
- Stop Learning. Successful people never stop learning. They’re lifelong students if you will. Look at Tom Brady who is arguably the best quarterback of all time and he’s constantly learning how he can be better at his craft and do better on the football field. An example of this would be his ability to be more nimble in the pocket and being able to move around for a few more seconds to keep plays alive, increasing his chances to completing more passes to help his team win. Tom Brady was not doing that 3 years ago, thus he has continued to learn how he can get better and be more successful. Successful people never stop learning. Unsuccessful people stop learning and wonder why they’re not successful.
- Keep All Of Their Money. Successful people are constantly donating to charities and giving to those who are less fortunate. Do I have specific examples at this moment? No. Ah, wait I got one for you. Mark Zuckerberg. Didn’t Mark Zuckerberg and his wife give away most of their money? I believe they did. How successful is he? Extremely! Pretty much any successful person you can think of is more than generous with their money. Only poor, or unsuccessful people keep all of their money. Isn’t there any old saying – “You get what you give”. Enough said.
- Brag. Successful people do not brag about themselves or what they have or what they’ve accomplished. They keep all of this to themselves. Perfect example of this and yes, I just used him as an example. Mark Zuckerberg. Out of all of the billionaires out there this guy clearly does not stand up and say look at me I am Mark Zuckerberg of Facebook and I am worth billions of dollars. When someone brags, it means they’re clearly not successful. And that’s a fact Jack!
- Lack Confidence. Who do you know that is successful, but lacks confidence? I’ll answer that for you. Um. No one. Anyone who is a successful person which includes some of the people I’ve already mentioned do not lack confidence that’s for sure. Think about it. Who wants to follow or be led by a leader who does not have confidence? No one. I sure don’t and I bet you don’t either. A lack of confidence means you’re unsure of who you’re and what you’re doing.
Those are the 12 things successful people do not do.
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