These Three Billionaire Entrepreneurs Quit Bad Habits To Be More Successful
Procrastination The second richest man in the world had a big problem with procrastination. When Bill Gates was young he was someone who put things off until the last moment. This was especially true during the two years he spent as an undergraduate at Harvard. He was the guy who didn’t do anything until the last minute. When Gates entered the business world, he had a big wake up call. In business, deadlines have to be met. Being on time is valued. He noticed this and consciously set out to become more like the students he knew in college who were organized and had things done on time. The Bad Communicator Mark Cuban had to learn that yelling is not the best way to get your point across. This was a lesson he learned in his 20s. He founded the early computer company MicroSolutions with Martin Woodall in the early 80s. The two often disagreed over how to run the company. They drove each other crazy. Woodall rode Cuban hard about how sloppy and unorganized he was. Cuban yelled back that Woodall was so focused he was missing big opportunities. It took Cuban some time to learn that yelling increased stress and when stress was increased productivity, competitiveness, and profitability decline in the people around you. Yelling did more harm than good. The Caffeine Fiend Tesla and SpaceX founder Elon Musk recently admitted he works 120 hours a week. Obviously, this leaves very little room for sleep. To make up for the lack of sleep, Musk used to drink huge amounts of caffeinated beverages. In 2014, Musk told the German automobile magazine Auto Blid, “There were probably times when I had like eight [diet cokes] a day or something ridiculous. I think these days it’s probably one or two, so it’s not too crazy.” Musk also used to drink a ton of coffee, which made him over caffeinated and wired. Too much caffeine can increase stress and anxiety levels. It also creates its own type of fatigue, which leads to more caffeine consumption and affects sleep. Musk cut back on his caffeine addiction and started drinking a lot more water.