The world’s most successful entrepreneurs didn’t get to where they are on genius alone. Sure they are talented and tenacious, but they are also masters of efficiency. There are only 24 hours in a day and entrepreneurs need to maximize every moment. If you are looking to find success in business ownership, it will pay off to examine what the greatest entrepreneurs prioritize and how they fit everything into their 24 hours. Daymond John’s Success Formula has distilled some of the daily habits of highly successful entrepreneurs. Take a look—and follow their lead.
1. Keep a Strict Schedule
To balance work, family, play, sleep, and personal time, highly successful entrepreneurs have each day scheduled down to the minute—and they stick to the schedule. Here’s how some of the best organize their days:
This founding father, scientist, and inventor extraordinaire pioneered industry and entrepreneurship in America. He kept a strict daily schedule, with time planned for eating, sleeping, and working. He also picked one virtue to focus on each week.
The founder and CEO of Tesla and SpaceX schedules his entire day into 5-minute blocks. Because he has two successful businesses, he dedicates Mondays and Thursdays to SpaceX, Tuesdays and Wednesdays to Tesla, and splits Friday between the two.
Facebook founder Mark Zuckerberg gets the most out of every day by cutting out unimportant decisions. He wears the same T-shirt, pants, and hoodie every day, getting out the door each morning as quickly as possible and reserving brain space for important ideas.
2. Read to Learn
Entrepreneurs make reading a priority and they read to learn, not just to be entertained. Their relaxation time with a book is a time to learn from other great people. It’s impressive how much reading they can fit into a busy life:
Oprah began reading at the age of 3 and never stopped, eventually founding Oprah’s Bookclub in 1996 to encourage the world to read along with her.
This billionaire spends 80 percent of his day reading. Even at the beginning of his career in investment, he read up to 1,000 pages per day.
Bill Gates also makes reading a priority. He takes on 50 books each year, that’s about one book per week.
Successful entrepreneurs prioritize getting active, and not just because of the health and fitness benefits. They know that movement and exercise inspire creativity and motivates them to stay productive all day long. Here’s how these entrepreneurs exercise:
Founder of the Virgin Group, Richard Branson wakes up early to fit in fitness: at 5 am every day, he surfs, swims, or plays tennis. He credits exercise for a 4-hour productivity boost.
Exercise shouldn’t be drudgery, says this supermodel and businesswoman. Keep it fun: find something you like and work out to the entertainment you love.
Cardio is a priority for Mark Cuban. He gets in an hour of exercise 6 to 7 days every week, preferring basketball and kickboxing.
4. Keep It Positive
There’s power in a positive mindset. Highly successful entrepreneurs are flexible along with being scheduled and disciplined, and they persevere in the face of difficulty.
Facebook’s CEO and bestselling author Sheryl Sandberg teaches women how to empower themselves by “leaning in” and seeking leadership opportunities.
The inventor of the light bulb said this about overcoming so many setbacks: “I have not failed. I’ve just found 10,000 ways that won’t work.”
“Experimentation is key to entrepreneurship,” says Paypal’s co-founder, who often challenges people to accomplish their ten-year plan in the next six months.
Apple’s co-founder, Steve Jobs credits success in entrepreneurship to perseverance. He said, “I’m convinced that about half of what separates successful entrepreneurs from the non-successful ones is pure perseverance.”
These notorious entrepreneurs have shaped the world, and they did it through careful planning and good habits. Take another look at this list of habits of highly successful entrepreneurs and use it as inspiration to start a good habit of your own. For even more help on your path toward success in entrepreneurship, register for a free Daymond John’s Success Formula event today!