Most of us work. For money. And we’d like some more of it. But we don’t always know how to get it.
Is it possible that all of the opportunities to make more money are right there in front of us, we just don’t know how to get our hands on it? Is it possible that more money could be waiting for us, we just need to change some of our habits to find it? In most cases, the answer is yes!
Here are 5 habits that can help you make more money.
1. Wake up early
The early bird catches the worm. This isn’t just a catchy phrase. It is so, so true! There are many benefits to waking up early. It gives you more time in your day to do productive things. It helps you to get to the office earlier (which could help in that next promotion). It gives you more time to brainstorm. Many successful people have said that it is in the early hours of the morning, before anyone else is awake, that they find the most inspiration and come up with the greatest ideas.
2. Check your email twice a day
Time is money. Anything that eats your time, eats your ability to make more money or find opportunities to make more money. Email is one of those great time eaters. Timothy Ferris, the author of The 4-Hour Workweek, has advised us to only check our email twice a day (at the most). He has referred to email as “the largest single interruption in modern life.”
Create a schedule for yourself where you only check your email twice a day. If you want, you can set up an autoresponder that informs others of this. That way, if it’s urgent, they can find another way to reach you. The trick to this habit is to stick to it! You must be disciplined with this one!
Once you’re in this habit of checking your email and responding to emails only once or twice a day, learn to utilize this newfound time. Use it to brainstorm, create, work, build, network, etc.
3. Keep your eyes open
You never know when the next opportunity will come to you. Always keep your eyes open for these opportunities! If you are in the business world, keep your eyes open to new jobs. You never know when a promotion or a new higher-paying job may come along. Keep your eyes and ears open to these kinds of opportunities. Never be closed-minded. You never know where your next opportunity will come from.
If you are an entrepreneur or business owner, keep your eyes and ears open to new opportunities, ventures, or partners. Also, keep your ears open to yourself. As a business owner, you will be the source of the majority of opportunities that come your way. So, make time to brainstorm. Listen to your gut.
Never say no to someone who wants to pitch you on an opportunity. If you have a friend that wants to talk to you about a job opening with their company, give them a minute of your time. Follow up on leads. If you have an acquaintance who calls you out of the blue to discuss an “opportunity too good to pass up,” let them take you to lunch. Again, you never know where your next opportunity will come from, so always stay open-minded. Either way, at least you got a free lunch.
4. Create a group
Two minds are better than one. Four minds are better than two. In many of the make money books, you will hear them talk about “power groups,” “master groups,” or “mastermind groups.” Basically, these are groups that you can use to brainstorm, share ideas, and share talents and resources. This group could be as simple as a few individuals who meet together every so often to brainstorm and run ideas past each other. Or it could be as complex as a group of individuals with different skills and connections, who work together in business ventures.
Either way, leverage the abilities of others. Don’t try to do it all yourself. Get advice from those you respect. Find a group of people who you trust, and utilize each other’s skills, ideas, connections, etc.
5. Take a break
The power of taking a break can’t be overstated. We all want to work hard towards our goals. When we’re trying to make more money, many times it boils down to outworking the competition. But if you take that so far that you’re burning yourself out, you can be undoing all of that hard work. It is necessary to take breaks once in a while. This will reignite your creativity, allow you to have a fresh mind, give you new perspectives, etc.
Work hard. Work harder than those around you. But find balance. Have one rest day a week. Or take an hour or two each night to decompress. Let the time rejuvenate you so that you can start again fresh and renewed, ready to conquer the world and make yourself some more money.