5 Common principles for successful people

“Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit” ~ Conrad Hilton. You may have asked yourself this old age question. Why are other people more successful than others; why is it that some people make more money, have more friends, enjoy better life than others; why do other people derive more satisfaction from life than others? Studies have been done and lots of money spent seeking the answers to these questions. I have been doing my own personal study of successful men and women. The revelations have been phenomenal and interesting.

I know that the subject of success is a very wide one and that there is no formula to success and that it is, also very difficult to measure. However, after my little study I realized that all successful men and women have 5 habits or rather principles in common. They practice these differently and have variations in their applications but, you can be rest assured that no matter what variations they apply, these 5 principles or habits will be listed amongst their daily activities. It is therefore, imperative and important for you and me that are striving to succeed, to incorporate these five principles into our daily lives. Thank God we do not have to reinvent the wheel, studies and documentation is there to provide us with a guide on how other people have succeed in their lives.

Remember that there is no defined formula for success. What works for someone may not necessarily produce the same desired results for you. Please note that you are not competing with anyone. Success is a personal journey. Do not measure and compare it with anyone else. In my quest to help change the world for the better I do not consider “competition” as a threat I rather treat it as complementary. For me if anyone is doing what I think will help change the world they are most welcome, they are not competition but we complement each other. I have presented these 5 principles in no particular order.

The habit of saving
The number one principle is the habit of saving. The saying “Rome was not built in one day” holds a lot of water. If you want to build up riches it is common sense that you must learn to save from your current income. The discipline of saving cannot be compared to any. You must be like the ant, it knows when to store food to be used in the future. You must know that you will not always have good health or that at some day the energy you have will be a thing of the past. It is therefore, important that you start saving and investing your money wisely. Investing your money should be in investments that you understand and of a long term nature. Do not invest your money in something you do not understand unless you have professional advice.

Most financially successful people will tell you that the habit or rather the principle of saving is very important. You should learn to live not for now but for tomorrow unless you have no tomorrow. Can you imagine how much you would have raised after 20 years if you saved only $100 per month from your pay check. You can accelerate the time it takes you to raise a million dollars by half if only you can defer gratification to a later date. This does not mean however, that you should not enjoy your wealth.

The principle of saving is probably the number one factor in determining the extent to which you will succeed. Be it financial or in any other field you are engaged in. Remember that saving is not just about saving finances; saving can be in any form. I have learnt to save especially in the area of my finances. Personally I save a minimum of about 20% of my current pay cheque; I intend to increase this as my income increases. The best way to get you started is to start saving in small bits. If you are working you could open up a savings account and ask your employer to split your salary. The discipline of saving requires that you cut down on many unnecessary spending. Some areas you could look at are how much you spend on talk time; entertainment; deferring to buy a new car instead buy a second hand; transportation and many other things you know are not necessary.

Time Management
If there is one thing that God has given us all in equal measure is time. We all have 24hrs per day; 7 days per week and so forth and so on. There is no one on planet earth who can claim to have less time than this. Yet with the same amount of time some people seem to succeed than others. One of the magic wands to success is the principle of time management. If you are to succeed at whatever, you are doing it is very important that you learn how to manage your time efficiently.

Most successful men and women have mastered the principle of time management. They say time is money. I say time is more than money, once lost it cannot be recovered this is how precious the commodity of time is. I have learned from Brian Tracy’s “How to master your time” the technique of writing down my daily goals. This simple principle of daily goal setting is a life changer. In this technique you are required to write down and plan your day. Organize it in such a way that you start with what is more important moving down to what is less important. Your daily goal setting is best done the previous day and reviewed at the end of your day. Stick to your daily goal setting principle religiously for better results. It surely is a wonderful tool to use.


In everything that we do time is of the essence. Most successful people have realized that time needs be managed and managed very well. You will agree with me that time is a precious commodity especially during school examinations. The difference between passing and failing an exam could just be time management. If you have to take a giant step towards success you must be time conscious. If you are in business marketing, then you know what it is to learn how to manage your time very well. You can learn more about time management by purchasing Brian Tracy’s “How to master your time” CD’s from this store.

Hard work, perseverance & persistence
“Hard work pays off” ~ unknown. There is no substitute for hard work. Successful people work hard smartly. There is no point in working hard for the wrong results. If you have to achieve above average results you need to start working hard and doing it smartly. Every successful person will tell you how hard working they are. The difference between more successful people and less successful people is the level of hard work and perseverance. Most of us give up at the point when we are just about to break through. The most success people will work hard even when they fail, they will get up and continue. With perseverance, hard work and persistence comes success. There is no sweet without sweat.

You will be amazed at how much time successful people work. Most of them will tell you that they wake up very early in the morning and they are the last ones to go to bed. I have noticed that most of us want to have it easy. We let our bodies dictate our way of living. There is no difference in terms of brain capacity between those that are successful and those that are not. The only difference I have noted is that those that make it are the ones that are disciplined. They have trained themselves to do that which is important first, even when it feels awkward to be done. They have the discipline to follow their daily goal settings. If the goal says to wake up at 05:00hrs in the morning and exercise before anything else they do just that even when the body still wants to sleep. This kind of discipline is the one that makes the difference.

Most people fail because of a lack of discipline; lack of hard work; lack of perseverance and persistence. Vince Lombardi says “the price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand”. I can therefore, conclude that the price to pay for success is hard work. If you are in the habit of stopping a project when faced with a little challenge today, should be an eye opener. You must learn to develop a culture of hard work, perseverance and be persistence.

Clear life’s purpose
If I have to rearrange these principles according to their importance I would put this (Clear life’s purpose) at number one. What is success without a life’s purpose? How do you even start on your journey of success without a target? If you have not yet formulated your life’s purpose please stop wasting your time and devise one. Having no life’s purpose is living by the wind. God gave each one of us a life’s purpose. Every successful person has a purpose they are living for. You may be wondering why the fuss about having a life’s purpose. Your intended life’s purpose defines who you want be; what you want to achieve; how you will achieve it. In other ways it is the reason why you exist. Remember that we are all but one big family with different roles to play.

I would encourage you to formulate one before you start on your success journey. The best way to do it is by writing your life’s purpose in a note book. Read it very often possibly every day so that your mind absorbs it. Believe me it becomes easier to tailor your business or whatever activity around your life’s intended purpose. You will notice that what you have written down as your intended life’s purpose flows very easily from within you. This makes even running a business much easier and fun as you will be working with something that you enjoy doing and flows naturally from within. Believe me we all have something to give to this world and I mean something unique. There are no two people with the same exact DNA. It does not matter if you look alike with someone you are very unique and have your own signature.

Successful people have a clear life’s purpose and that is their driving force. I can tell you that living life with a purpose is much more exciting. Ever since I had my intended life’s purpose written down I always look forward to the next challenge coming my way. It has not been easy but it has been fun. I am still a long way to go but am slowly getting there one step at a time.

Knowledge
The final common principle is acquiring knowledge. “My people perish for lack of knowledge” ~ the Bible. “If money is your hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience and ability” ~ Henry Ford. This is perhaps one of the keys to success. To be more you need to have more. Successful people are more knowledgeable than the average people. They spend time reading and expanding their knowledge base. I always encourage people to read and read and read. If there is anything that you will go with when you die it is knowledge. The world is full of reading materials and one of the best ways to expand your knowledge base is by reading.

If you are not in the habit of reading quickly develop one, even thirty minutes every day can make a difference to your knowledge base. Knowledge will help increase your skills set. If you have to be successful you must acquire knowledge at all costs. I have a daily reading program that I stick to. I have a modest target of reading one motivational book every month on top of my other materials. I have realized that even the target of one motivational book per month is not enough but I have to make a balance. The good thing with reading is that it is one of the best ways to keep my mind from mischief.

Ever since I gave myself this target I have noticed an increase in my knowledge in this area. I am hoping to increase it even further, so that one day I should be able to write my own books on the subject of personal development and self growth. If you have to join the successful elite you cannot afford to lag behind in knowledge.

Conclusion
“Success is the sum of small efforts, repeated day in and day out” ~ Robert Collier. I hope and trust that this article has been of help to you. I must make mention here that there is no written down formula for success. What may work for someone else may not necessarily produce the desired results for you. However, it is very important that you take action and begin on your wonderful journey of success. You were created to contribute to the healing of the world and to help make it a better place for all humanity. “He who has health has hope and he who has hope has everything” ~ Unknown. Remember to always “standout tall and be counted”

Related articles
How to live from the inside out
My Top 50 personal development website for July 2014
7 tips for self-improvement and success
Relationships are a source of personal stability
How to create a positive self-image