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3 habits that helped me become a millionaire at age 28
1. Prioritize enjoyable activities that target your goals
2. Don't be afraid to ask for help
How ironic — an advice column that recommends asking others for advice. It feels like a cop out saying that one of the best things you can do is ask for help, but it's honestly one of best habits. I'm not afraid to ask for help, and you shouldn't be either.
If you want to implement the habit of asking for help, keep the following in mind:
You're complimenting someone by asking for helpIf imitation is the biggest form of flattery, then asking for help is second. Many entrepreneurs are afraid to ask for help because they feel like they are bothering the other person, but it's quite the opposite.
When you ask someone for help, you're implying that you respect and admire that person's skill, intellect, and experience. In other words, you're complimenting them. This realization will make it much easier to ask for help.
Be specific when asking for helpTo take it a step further, when you ask someone for help, focus on specificity. This subtle component of the request can have a profound effect.
To start, specify why you chose that particular person. When you individualize the request, you're heightening their importance and expertise.
For example, when I decided to start a podcast for my climate-conscious affiliate project, Great.com, I wanted to find a cohost with whom I had chemistry and respected. I immediately thought of a good friend Emil Ekvardt. He had no previous podcasting experience but was one of the most natural communicators I knew.
When I asked him to help me cohost the "Becoming Great" podcast, I focused on his skills and experience as a public speaker. I framed the request with so much specificity to him and his abilities that he felt like he was my first and only option. He accepted, and we've grown the podcast into one of the top podcasts for entrepreneurs.
Make it easy for them to help youIf you develop the habit of asking for help, you will need to perfect the skill of simplifying the request. Jerry Maguire famously coined the phrase "Help me, help you," which eloquently communicates this message, but let's use an even more familiar example — moving.
I've helped several friends move, and the experience has taught me a lot about asking for help.
Friend No. 1 had the moving truck pulled up to the garage, rented trolleys, and had all their belongings boxed up and ready to go when I arrived in the morning. The experience was seamless.
Friend No. 2 had nothing ready when I arrived. We spent the day packing, acquiring the moving equipment, and finally getting everything moved into the truck. The experience was much harder and time consuming.
In both cases, these friends had the same request: "Can you help me move?" Yet, they were completely different experiences and tasks. Without communicating the request clearly, you're not setting accurate expectations and are not giving enough information for the person to know what they are commiting to.
Asking for help is a great habit because it can help you reach your goals while also allowing you to connect and build rapport with someone you admire. However, if you are going to get in the habit of asking for help, you need to make sure that you're specific and clear.
3. Stop wasting time and start already
If there is one lesson you should take away from this article, this is it — just start already.
I have a habit of jumping first and looking second. While some might call this impulsive, I call it trusting my instincts. Sure, it doesn't always work. But, when it doesn't, I typically come away from it having learned something valuable.
This habit was born from my first entrepreneurial failure — a party-planning business. I rented a nightclub, hired a DJ, and invested into promoting the event only to watch it fail miserably when no one came.
If I would have taken my time to think logically about the finances and investment I was making into this event, I likely would never have tried it. However, I took a chance, and even though it failed, I learned one of the most valuable lessons of my life: People don't care if you fail.
This initial lesson gave me the courage to launch several subsequent failed businesses. While I continued to fail, I never stopped trying or learning from my failures. Best of all, each failed venture got me closer and closer to my big break.
After the party planning, I launched an apparel business with a childhood friend, Emil Thidell. It failed, but I realized that Emil was the perfect business partner, as we had great chemistry and complemented each other.
We then launched an online food guide in our hometown and tried to get local businesses to pay for advertising. This business also failed, but we discovered a passion for online marketing and web design.
We then tried building poker software thanks to a new passion for gambling that I had also acquired. We again failed, but this introduced us to the online gambling industry, which led us to launching a website for online bingo.
This bingo marketing website was our first success and would ultimately grow into Catena Media.
My habit for starting has led to a ton of failures, but it has also taught me a ton of lessons and set into motion a sequence of events that led me to success. If you have any hesitation about launching your business, don't: Just start already.
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