• Home
  • Privacy Policy
  • Terms and Conditions
Thursday, March 23, 2023
No Result
View All Result
Gazettely
  • Home
  • News
  • Reviews
  • Features
  • The Bests
  • PlayStation
  • Xbox
  • Nintendo
  • Showbiz
    • All
    • Entertainment News
    • Movies
    • Music
    • The Bests
    • TV Shows
    Creed III

    Creed III Breaks Records as the Highest-Grossing Film in the Rocky Franchise

    the last of us

    Abby’s Hammer: Changes in Store for The Last of Us Season 2?

    Black Adam

    Dwayne Johnson Opens Up About Negative Criticism of Black Adam, Defends Team’s Efforts

    the bridgerton's

    Bridgerton: All You Need to Know About Season 3

    Pooh Blood and Honey

    “Pooh: Blood and Honey” Receives Terrible Ratings on Rotten Tomatoes

    Ray Fisher

    Ray Fisher Criticizes DC Again, Takes Aim at James Gunn

  • Tech
    • All
    • Apps
    • Gadgets
    • Phones
    • Technology News
    google security

    Potential Security Risk for 18 Mobile Phones, Google Warns

    Xiaomi Smart Fish Tank

    Xiaomi Unveils Mijia Smart Fish Tank with Remote Feeding System

    ChatGPT

    The Power of ChatGPT-4: A New Era For the AI Language Model

    Meta

    Meta Scraps Plans for NFTs on Facebook and Instagram

  • Home
  • News
  • Reviews
  • Features
  • The Bests
  • PlayStation
  • Xbox
  • Nintendo
  • Showbiz
    • All
    • Entertainment News
    • Movies
    • Music
    • The Bests
    • TV Shows
    Creed III

    Creed III Breaks Records as the Highest-Grossing Film in the Rocky Franchise

    the last of us

    Abby’s Hammer: Changes in Store for The Last of Us Season 2?

    Black Adam

    Dwayne Johnson Opens Up About Negative Criticism of Black Adam, Defends Team’s Efforts

    the bridgerton's

    Bridgerton: All You Need to Know About Season 3

    Pooh Blood and Honey

    “Pooh: Blood and Honey” Receives Terrible Ratings on Rotten Tomatoes

    Ray Fisher

    Ray Fisher Criticizes DC Again, Takes Aim at James Gunn

  • Tech
    • All
    • Apps
    • Gadgets
    • Phones
    • Technology News
    google security

    Potential Security Risk for 18 Mobile Phones, Google Warns

    Xiaomi Smart Fish Tank

    Xiaomi Unveils Mijia Smart Fish Tank with Remote Feeding System

    ChatGPT

    The Power of ChatGPT-4: A New Era For the AI Language Model

    Meta

    Meta Scraps Plans for NFTs on Facebook and Instagram

No Result
View All Result
Gazettely
No Result
View All Result
Home Business

This 5-Hour Rule Made Elon Musk and Bill Gates Rich

If you want to be as successful as the CEO of Tesla, the inventor of Microsoft or the billionaire Jack Ma, this rule will help you.

Gazettely Editorial by Gazettely Editorial
November 10, 2021
in Business, Entrepreneurship
Reading Time: 3 mins read
A A
0
Share on FacebookShare on TwitterShare on PinterestShare on WhatsAppShare on Telegram

The 5-hour rule is the basic principle that several of the world’s richest men believe is the key to getting any business off the ground and, with any luck, becoming a millionaire.

By now we all know that the richest men in the world don’t waste hours watching sitcoms, don’t spend the whole weekend watching a marathon of “Bridgerton” or “The Queen’s Gambit” (maybe a few hours, but not the whole day). They do have a few habits, rules and tips in common, something they mention every time someone asks them about how they made it from the bottom to become the giants they are today.

And the truth is that there’s nothing wrong with watching a good series from start to finish, or getting lost in your Instagram feed, or letting a YouTube video become an obsession. But the problem with that is that when you least realize it, you’ve already wasted your entire day doing it and you can’t get those hours back. And that’s something the richest people in the world do differently.

Actually, in the case of Bill Gates, Elon Musk, Barack Obama or Steve Jobs, a very important aspect of their success was and still is reading books, blogs and news (which is fundamental to continue learning, growing and expanding your mind). Moreover, this is something we should all be doing.

Bill Gates

It is no secret that successful people read, the average millionaire is said to read two or more books a month. As a result everyone must read blogs, news sites, fiction and non-fiction in their spare time to become more knowledgeable. If you’re always on the go, you can also listen to audiobooks or podcasts.

According to a study of more than 200 millionaires by Thomas Corley, the vast majority of millionaires don’t watch TV, and instead prefer books, audiobooks, blogs or news sites as their main source of entertainment.

Yet who has time for that sort of thing? That’s a good question, most people work all day and in the end there doesn’t seem to be any time left for anything, but this is where the 5-hour rule comes into play. Celebrities like Bill Gates, Warren Buffett, Oprah Winfrey, Elon Musk, Mark Cuban and Jack Ma use it every day.

Also Read:

  • The Ultimate Guide on Increasing Traffic on Website
  • Everything You Need to Know About 2020 Expo in Dubai
  • The Ultimate Guide to Marketing Strategies with Examples
  • 3 Customer Acquisition Strategies that will Last Beyond Covid-19
  • 10 Jobs With a Bright Future

What is the 5-hour rule?

Created by Empact founder Michael Simmons, the rule is very simple: regardless of how busy you are or how much stuff you have to do, you should always set an hour aside each day for reading and studying (you can also include an audiobook), making a total of 5 hours in the workweek.

According to Simmons, that is something that most successful people have done since the days of Benjamin Franklin. Ben Franklin devoted about an hour every day for his entire life to conscious learning.

For Franklin, this hour of learning was first thing in the morning, before he started his tasks for the day. However, it doesn’t really matter what time. The thing that matters is that you do it on a consistent basis and don’t stop learning, reading, and looking for new things. This is because it helps you improve yourself, discover new solutions to different problems, and keep up with what’s going on in the world so you can offer better things.

Elon Musk

The three points of the 5-hour rule

Reading: You may begin with 30 minutes if an hour seems out of the question. However, you should always keep a book close by and use free moments to read instead of being on social media or watching a show that you could watch on the weekend.

Reflect: This is not just about reading, but also about thinking about what you have read, heard or discovered, and writing down your thoughts and analyzing how they can be useful for your own success. One recommendation is to ask yourself two or three questions and then try to answer them.

Experiment: Doing some reading is just the beginning. Unless you put what you’ve learned into practice, it’s useless. That is why when you have an idea, it is important to try it out. No matter how crazy it sounds. One learns from mistakes and one can experiment until he or she gets what he or she is looking for.

Also Read:

What’s Tesla Engagement Hub and What Does Elon Musk Wants to Do with It? leadership lesson Elon MuskThis is the leadership lesson you can learn from Elon Musk mainAll You Should Know About Elon Musk’s Starlink Elon Musk TurkeyA Massive Earthquake Struck Turkey, Elon Musk Would Send Starlink on One Condition
Tags: Bill GatesElon Musk
ShareTweetPinSendShare

Related Posts

Microsoft and Activision Blizzard Deal at Risk An Investigation Is Underway

Microsoft and Activision Blizzard Deal at Risk? An Investigation Is Underway

September 1, 2022
Amazon’s Purchase of EA

Rumors of Amazon’s Purchase of EA, Things Are Changing Rapidly

August 26, 2022
applovin unity deal

$17.5 Billion Deal for Unity; Could Be Second Largest Acquisition in Gaming Industry

August 10, 2022
customer management

What Is Customer Management and How It Can Help Your Business?

July 8, 2022
retail technology

10 Tech Innovations That Are Transforming Retail

June 22, 2022

Board of Directors Still Plans to Sell Twitter to Musk

June 21, 2022

Latest Articles

Creed III
Movies

Creed III Breaks Records as the Highest-Grossing Film in the Rocky Franchise

3 days ago
Final Fantasy XVI
PlayStation

Final Fantasy XVI Offers a Story Length of 35 Hours, Perfect for Busy Gamers

3 days ago
Games
PlayStation

The Year of Remakes: 9 of Metacritic’s Top 10 Games of 2023 are Remasters or Remakes

3 days ago
resident evil 4 remake
PlayStation

A Humorous Japanese Animation Promotes Resident Evil 4 Remake

3 days ago
the texas chain saw massacre
PlayStation

The Texas Chain Saw Massacre Release Date Revealed, Sumo Digital Invites Players for Tests

3 days ago
Suicide Squad
Xbox

Developers of Suicide Squad: Kill the Justice League Reportedly Optimistic about the Game

3 days ago

Most Popular Articles

  • Sims 4 drug mod

    All You Should Know About Sims 4 Drug Mod

    0 shares
    Share 0 Tweet 0
  • These 13 Games Will Blow Your Graphics Card in 4K

    0 shares
    Share 0 Tweet 0
  • Top 40 Richest Football Club Owners in the World

    0 shares
    Share 0 Tweet 0
  • Top 10 Islands in the Mediterranean Sea You Should Travel in 2022 Summer

    0 shares
    Share 0 Tweet 0
  • 7 Biggest Station Wagons on the Market

    0 shares
    Share 0 Tweet 0

Browse by Tags

Action Action-adventure game Action game Action role-playing game Activision Adventure Adventure game Avalanche Software Blizzard Entertainment Capcom CD Projekt RED Drama Electronic Arts Entertainment Featured Fighting game First-person shooter Hack and slash HBO Hogwarts Legacy Indie game Microsoft Narrative Netflix News Nintendo Nonlinear gameplay Open world Platform game PlayStation Rockstar Games Role-playing Video Game Shooter Video Game Simulation Game Simulation Video Game Sony Sony Interactive Entertainment Sports Video Game Survival horror The Last of Us Third-Person Shooter Ubisoft Warner Bros. Interactive Entertainment Xbox Xbox Game Pass
Gazettely

At Gazettely, you can find lots of content regarding many different topics, at Gazettely, we aim to help you read better!

  • Home
  • Terms and Conditions
  • Privacy Policy
  • Contact

© 2022 All Rights Reserved for Gazettely

No Result
View All Result
  • Home
  • Features
  • News
  • Nintendo
  • PlayStation
  • Xbox
  • The Bests
  • Reviews
  • Entertainment
    • Entertainment News
    • Reviews
    • Movies
    • Music
    • TV Shows
  • Technology
    • Technology News
    • Reviews
    • Laptops
    • Phones

© 2022 All Rights Reserved for Gazettely

Go to mobile version