Habits of successful people – The 5-hour rule that could make you a self made billionaire

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We seem to study when we have a cycle test coming up or if the semester exams are around the corner, the prep is even more serious. We gulp in an entire textbook and then blurt out answers to the questions asked in the test. When was the last time you learned a new skill? Can you explain one concept clearly after a couple of days of giving your exam? Do you think this is going to help you ace interviews? Or even if you manage to get a decent job do you think this model of learning will help you grow? Well if you have none of the questions above in your mind you will surely have the following in mind – How did people like Bill Gates, Mark Zuckerberg, and Elon Musk become so successful? How do they come up with innovative ideas all the time? What is their secret? What are the habits of successful people ?

Well, all these personalities have one thing in common-they follow the 5-hour rule.

Its quite simple-allocate 5 hours a week (1 hour each weekday) to deliberate learning. It involves learning without doing any other work and strictly not looking at your phone every 5 minutes. The 5-Hour rule consists of 3 key ingredients.

Habits of successful people – Ingredients of 5 Hour Rule

1. Read

Read - Habits of successful people - The 5-hour rule that could make you a self made billionaire

Billionaire Warren Buffet spends 80% of his day reading. Tech Entrepreneur Elon Musk reportedly learned to build rockets by reading. Bill Gates, one of the world’s richest man reads about 50 books a year, but strictly nonfiction ones. The 44th President of the world’s largest economy, Barack Obama allocated one hour every day to read while he was in office. So you think you don’t have time? Well, make time.

2. Reflect

Reflect - Habits of successful people - The 5-hour rule that could make you a self made billionaire

Reading alone is not enough. You read something but how will you measure what you understood? That’s why reflection is important. You have to draw inferences from what you read. One of the best ways to do it is to maintain a journal and keep track of what you learned. It’s not only limited to jotting down key ideas from what you read, it could also contain ideas from a recent lecture or game you attended. The aim is to reflect on whatever you learned.

3. Experiment

Experiment - Habits of successful people - The 5-hour rule that could make you a self made billionaire

Elon Musk learned how to build rockets by reading, but did he stop there? No, he went on to start SpaceX with it. It looked like he would have to shut it down due to the enormous number of failed test flights. But did he give up? No. Thomas Alva Edison took 1000 attempts to invent the incandescent light bulb but when a reporter asked him how it felt to fail a 1000 times he said,

“I didn’t fail a 1000 times, the light bulb was an invention with 1000 steps.”-Thomas Alva Edison

You get the point right? It’s okay to burn a few boards, write a code that enters into an infinite loop or make a risky career decision. In the end, even if you don’t get to taste success in the first attempt, at least you know what mistakes to avoid in your next try.

Getting started

Getting Started - Habits of successful people - The 5-hour rule that could make you a self made billionaire

If you are wondering where to start, it’s pretty simple. If there is a skill you have been wanting to learn for a long time, start with that, it can be graphic design, learning a programming language or even starting a business. On the other hand, if you don’t have any such idea, start researching the trending topics. For instance, the hot topics in technology are Artificial intelligence, Machine learning, Data Analytics and many more. Don’t get intimidated by the big terms, break them down into smaller pieces and explore.

That’s the beginning and from there you know how to master it-Reflect and Experiment.

Why you should give it a try

Why you should give it a try - Habits of successful people - The 5-hour rule that could make you a self made billionaire

Knowledge is the new currency. It helps you think bigger, make better decisions, build meaningful relationships, improve your vocabulary and communication, and is fun. You are surely not going to stop when you have learned something. You will be eager to pass it on to your peers and that is the skill every company is looking for. Looking at the exponential advancements in the realm of technology, if you are reluctant to learn you are surely going to become obsolete.

The 5-hour rule surely can fetch you promising results and it’s worth incorporating in your life because it doesn’t cost a penny. Anybody can do it, but whether you are willing to start is the real question.

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