Success Secrets of Seven Great Entrepreneurs and Business People

by Lauren Schneidewind on February 16, 2017

Ordinary people usually picture successful entrepreneurs as mythological heroes - achieving success by using astonishing means. We are all curious to find out what their secret weapons are and how to follow in their footsteps.

So, we have gathered information on the lifestyles, attitudes and even daily routines of several prosperous entrepreneurs and business people. Here are some of their secrets of success:

RICHARD BRANSON

Born: July 18, 1950
Founder of: The Virgin Group, which controls more than 400 companies.
Net worth: $5 billion USD
Wake up time: 5:45 am
Quote: “Do not be embarrassed by your failures, learn from them and start again.”

Richard Branson is not hiding from fame. In fact, he is one of the most visible entrepreneurs, known for his incredible optimism. The Virgin Group founder believes that it’s important to make every single day unique. Surprisingly, he also does not believe in following a strict routine. Sir Richard makes the most of the flexibility that comes with entrepreneurship and finds time to take breaks throughout the day, enjoying something he loves to do.

MARK ZUCKERBERG

Born: May 14, 1984
Founder of: Co-founder and CEO of Facebook.
Net worth: $53.6 billion USD (he is the 5th richest person in the
world).
Wake up time: 8 am since the birth of his daughter. Before that, he was known to be a night owl.
Quote: “The thing I really care about is the mission, making the world open.”

You don’t rank as the 5th richest person on this planet without doing certain things right. Mark Zuckerberg prefers to focus on the most important decisions first. Additionally, he has found a way to save valuable time in the mornings by eliminating the worry of what to wear. Same as iconic Steve Jobs, Facebook’s CEO simply wears a ‘uniform’ of jeans and a hoodie of the same style every day.

ELON MUSK

Born: June 28, 1971
Founder of: CEO of Tesla, co-founder and chairman of SolarCity, co-chairman of OpenAI, co-founder of Zip2, and founder of X.com which merged with PayPal.
Net worth: $14.1 billion USD
Wake up time: 7 am and goes to bed at around 1 am.
Quote: "People work better when they know what the goal is and why. It is important that people look forward to coming to work in the morning and enjoy working."

One of Musk’s secrets has to be his perfectly optimized agenda. The bold visionary keeps an exceptionally tight schedule. His calendar is broken into five-minute slots, which are always subject to further scrutiny. Elon Musk once said: "That's the single best piece of advice: Constantly think about how you could be doing things better and questioning yourself.”

MARISSA MAYER

Born: May 30, 1975
Working for: CEO of Yahoo - previously a long-time executive, usability leader, and key spokesperson for Google.
Net worth: USD $516 million
Wake up time: 8 am, but she goes to bed at 3 am.
Quote: I always did something I was a little not ready to do. I think that's how you grow. When there's that moment of 'Wow, I'm not really sure I can do this,' and you push through those moments, that's when you have a breakthrough.”

Yahoo’s CEO Marissa Mayer is known for her 130-hour workweek and an overnight per week. She considers hard work as a vital part of any business. It is something often overlooked when people discuss Google's success.

NOAH KAGAN

Born: February 17, 1982
Working for: Previously #30 at Facebook and #4 at Mint and also a founder of AppSumo.com, SumoMe.com, okdork.com.
Net worth: As he once responded on Twitter: “approximately $187M less than it could have been.”
Wake up time: 9 am but goes to bed at around 1 am.
Quote: “My favorite business book of all time is experience.”

If you search Kagan’s name, you’ll see an article among the highest ranked results - “How An Early Facebook Employee Messed Up, Got Fired, And Cost Himself $185 Million.” Doesn’t sound inspiring at first glance, does it? However, Kagan managed to learn from his mistakes, recover and even founded a multi-million dollar company with App Sumo.

CHER WANG

Born: September 14, 1958
Founder of: Co-founder and chairperson of HTC Corporation and integrated chipset maker VIA Technologies.
Net worth: $850 Million USD
Wake up time: 5 am
Quote:  "As entrepreneurs, we must continue to ask ourselves: ‘What's Next?’"

She is a humble lady, who prefers to command HTC from behind the scenes. Contrary to Richard Branson, who enjoys being highly visible, Wang keeps a low profile and manages to shun many temptations that come with wealth. For example, she will fly on discount carrier Southwest Airlines. Rather than spend time and money on fashion, she wears classic black suits.

ARIANNA HUFFINGTON

Born: July 15, 1950
Founder of: Co-founder and editor-in-chief of The Huffington Post, which is now owned by AOL. Leader of the startup Thrive Global - focused on health and wellness.
Net worth: $50 million USD
Wake up time: Not defined, but she tries to be in bed before midnight.
Quote: “We think, mistakenly, that success is the result of the amount of time we put in at work, instead of the quality of time we put in.”

In an interview with Gretchen Rubin, an influencer on LinkedIn, Huffington said that getting enough sleep makes people more productive, more effective, and better able to enjoy life.

So, what are the secrets of success of all these bold entrepreneurs, courageous businessmen, and confident business women? Is it getting up early in the morning, embracing the possibility of failure, or even in-depth planning? There’s only one sure thing – each of them has found their unique way to lead a successful life in business that inspires the rest of us.

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