I have to be honest with you in that I’m still going through my notes from the Act Like a Success Conference. And thank goodness I have access to the replays of the entire conference for a limited time because I’m still going back through and listening to many of these sessions and keynotes for a second and third time.
One of the sessions I really enjoyed was the keynote address by Paul C. Brunson. Prior to the conference, I was very familiar with Paul and his work. I first started following him on social media shortly before I did an interview with he and his wife, Jill for BlackAndMarriedWithKids.com. I got to break the news that they were expecting their second son, Liam. What I loved about Paul was the relationship he shared with his wife (and writes about on his blog) and his family. I also became a big fan of his Mentor Monday series. If you’ve never watched and you’re an entrepreneur, or looking to become one, you should get on board like now.
There’s a lot more about Paul I could write about, but that wasn’t the purpose of this post. However, you can find out all you need to know on his site PaulCBrunson.com.
What I do want to share with you are the 5 Billonaire (yes with a “B”) Success Habits that Paul shared with us during his keynote address at the conference. He had me at billionaire, but these secrets made achieving this goal, that much more attainable. He shared his experience of learning these secrets which started in 2001 when he was hired to work for a Turkish billionaire Enver Yucel, whom he worked for five years. He then later had the opportunity to work with Oprah Winfrey (yes, Auntie O). It was in working with her, that he realized these two billionaires, as different as night and day, ying and yang, shared the same exact habits.
In this post, Paul shared 20 habits. But here are the 5 Successful Key Habits of Billionaires you should know and adapt, that he shared at the conference:
1. You must become a master storyteller.
This is something that I would love to learn because I’ve witnessed (and sure you have too) the power of what a story can do. And Paul, is definitely a master storyteller. He said forget about being a CEO. We have to become the CTO – Chief Talking Officer. Our brains are programmed for stories which is why we’re so drawn to them, and why they have such a huge impact on us. So the key is to become masterful in the knowledge in which you want to speak about. And then you have to go out and practice!
He used the example of how his webshow got discovered on YouTube by OWN, not because he had thousands of views or followers (he actually only had about a dozen views), but because he was great at storytelling. It’s about the quality not the quantity.
He gave two great resources:
Gary Vaynerchuck – Jab, Jab, Jab, Right Hook: How to Tell Your Story in a Noisy Social World (how to digitally navigate to tell your story).
2. You must invest in yourself.
One thing that Paul mentioned was the fact that both billionaires never have any problem investing in themselves.
“The dividends you receive tomorrow is only based on the education you receive today”.
Resource: Reinventing You: Define Your Brand, Imagine Your Future (how to assess what to focus on)
3. Surround yourself with people who are better than you.
Get with people who are where you want to be, not who are where you already are. The opportunities that come in life, come from people you know: focus on making those strong connections.
Ask yourself a few questions:
Who do you spend most of your time with? Are they inspiring? Do they have a track record of success? Who do you aspire to be like? If you answer no to any of these questions, it’s time to remove those people.
Don’t allow mediocre people to exist in your life. The higher our standards, the higher quality of life we will have.
Resource: The 5 Friend Assessment (how to “unfriend” a friend – how to talk to them and let them know “this is not going to work out”)
4. Never eat alone.
Always look to meet new people. You want to always have people you’re talking to that will share new ideas.
“The news of yesterday can only be found in blogs and newspapers today. But the news of tomorrow can only be found in the minds of people” ~Paul C. Brunson
The influence we have within our community is solely based on the ability to make connections outside of our community.
Resource: Have a +1 or +2 parties (from Harvard Biz review): Go to an old friend you haven’t seen in years and invite them out to drinks. Bring one new friend they don’t know (or two), and ask them to do the same.
The key to successful networking is to give, give, give before you ever make the first ask. Stop trying to make an ask before you ever give anything of value.
5. Be great at one thing.
Use the same core skills to reach new heights, once you master where you are. Grow your enterprise with one thing at a time by staying laser focused. Billionaires focus on one thing if you’re looking to be world-class.
Resource: The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses (you want to get lean/focused on your craft where you can be top in the world).
BONUS habit: Keep believing
Belief is everything. You must believe in yourself. You will live or die based on your belief. Your business will succeed or fail based on your belief. No matter what, always believe.
Comment below and let us know which habit you’ll begin working on today to get to where you want to be tomorrow.
*This post contains affiliate links.