The Habit All Billionaires Have in Common

As an entrepreneur and digital marketing expert, I’ve had the privilege of working with some of the most successful business leaders in the world. Through my experiences, I’ve come to realize that there is one habit that all billionaires have in common: they prioritize their time.

Time is the most precious resource we have. We all have the same 24 hours in a day, but how we choose to spend those hours is what sets successful people apart. Al Casey, my mentor and former CEO of American Airlines, once told me, “Time is the only asset we can’t get more of. Make every minute count.” This is a philosophy that has stuck with me throughout my career.

Naveen Jain, a friend, and fellow entrepreneur, echoes this sentiment. He has said, “Time is more valuable than money. You can get more money, but you cannot get more time.” Jain is the founder of several successful companies, including Moon Express and Viome, and he credits his time management skills for much of his success.

Mark Lack, a renowned speaker, and entrepreneur, agrees that time management is key to success. He has said, “The biggest mistake entrepreneurs make is not prioritizing their time. You need to focus on the activities that will have the biggest impact on your business.” Lack has built multiple successful companies, including Shorten the Gap and The Peak Performance Club, and he attributes much of his success to his ability to manage his time effectively.

So, what does it mean to prioritize your time? It means understanding what activities are most important and focusing your efforts on those activities. It means saying no to distractions and time-wasting activities that don’t contribute to your goals. It means being intentional with your time and setting clear priorities.

As an entrepreneur, I understand the importance of prioritizing my time. I focus on the activities that will have the biggest impact on my business and delegate the rest to my team. I use tools like calendar blocking and time tracking to ensure that I am making the most of my time each day.

If you want to be successful, take a cue from the billionaires and prioritize your time. Remember, time is the one asset we can never get more of. Make every minute count.

Dennis Yu

Dennis Yu is co-author of the #1 best selling book on Amazon in social media, The Definitive Guide to TikTok Ads. He has spent a billion dollars on Facebook ads across his agencies and agencies he advises. Mr. Yu is the "million jobs" guy-- on a mission to create one million jobs via hands-on social media training, partnering with universities and professional organizations. You can find him quoted in major publications and on television such as CNN, the Wall Street Journal, Washington Post, NPR, and LA Times. Clients have included Nike, Red Bull, the Golden State Warriors, Ashley Furniture, Quiznos-- down to local service businesses like real estate agents and dentists. He's spoken at over 750 conferences in 20 countries, having flown over 6 million miles in the last 30 years to train up young adults and business owners. He speaks for free as long as the organization believes in the job-creation mission and covers business class travel. You can find him hiking tall mountains, eating chicken wings, and taking Kaqun oxygen baths-- likely in a city near you.

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