How to be the CEO of your own life

1. Read, read (and then read some more)

Warren Buffet has a reputation as a voracious reader, and he credits many of his great money decisions to his practice of reading every single day. He is often said to dedicate 80% of his day to reading, believing as I do, that acquiring knowledge is as powerful as building compound interest.

Whilst I am extremely proud of my business achievements, what has given me the most satisfaction over the years is my own personal development, sharpening my mind and skills.  Learning through reading has inspired deep and rich personal growth and great happiness.

Whether it’s business books, autobiographies of people I admire or inspiring stories about overcoming adversity, I make it a habit to always have one or two books on the go at any one time and it’s a staple of my routine to read for at least 30 minutes first thing in the morning and before I go to bed each night.

Reading books is not only an excellent way to stimulate creativity and educate yourself, it also allows you to unwind after a long day and help you fall asleep faster.

And speaking of sleep …

2. Build success in your dreams

Burning the midnight oil can do your entrepreneurial spirit a lot more harm than good. I find that getting a decent night’s sleep improves my productivity, critical thinking and importantly, my health. And I’m certainly in good company in this belief. Jeff Bezos, founder of Amazon and the world’s second richest man credits getting eight hours of sleep every night for his ability to stay energized and excited about his business.

3. Money Management

I’m constantly amazed that even though money plays such an important part in our lives, so many people are amateurs when it comes to really understanding how money works. If you’re serious about taking control of your life, learning everything you can about money management should be an absolute priority.

I would encourage you to become vigilant about every dollar you spend. Starting out does mean making some sacrifices. It’s not about being cheap, more about appreciating that every dollar spent is either taking you closer or further from your goals.

5 Secrets to Wealth

Financial literacy is not something we’re taught in school, but it is a trait shared by the most successful entrepreneurs. In my 5 Secrets to Wealth webinar, I share with you the exact strategies I used to become one of Australia’s most entrepreneurial property millionaires.

5. Have crystal clear goals – and write them down

While the road to successful entrepreneurship is never a straight line, it’s vital to at least start your journey with a clear vision and focus on where you’re going, and how you want to get there. Start small and gradually grow bigger. Use your overarching goals to set realistic milestones for growth and development.

By placing key actions on a timeline, you’ll improve your focus and accountability, making it much easier to stay on top of what needs to be done.

6. Focus on the Highest Value Tasks

We all have the same number of hours in the day. But the key to taking charge of your life is learning how to use those hours wisely. Don’t fall into the trap of focussing on the minutiae of everyday life and instead concentrate on the activities and tasks that will move you forwards towards your goal.

This could be as simple as ditching the habit of scrolling through social media and spending that time building your knowledge, assessing your finances or revisiting  your goals.

7. Make time for rest and relaxation

There’s no point in aggressively pursuing your goals if you’re not well enough to enjoy the fruits of your labour. The point is to enjoy the journey as well as the destination, which is why maintaining optimum health should be a priority.

Burnout is a real threat to entrepreneurs, so it’s important to be very mindful about giving yourself time to relax and decompress. For the past 12 months I have been engaging in meditation, which for me is a conscious effort to spend time with myself, internally relax and seek clarity of thought.

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