6 Principles for Success

Measuring Success

Measuring the Ingredients

When defining success, it’s very common to think about accomplishments, goals or social status. But success is more than that and it carries a specific interpretation for each individual. From Hitech Advisors' experience, we want to share six principles that we’ve seen emerging as the underlying factor for success.

1. Achieve Success in All Aspects of Life

For success to happen, all areas of life require attention, energy and time. It’s difficult to focus on just one part of your life and expect success to spread to all areas. For example, if you focus only on your career, then you will most likely neglect your family, friends, hobbies, and health. It will bring unhappiness to your life in the long run by driving everybody away from you. In the end, it will have the undesired effect of making you unsuccessful in your career. At Hitech Advisors we encourage our partners to maintain a healthy work-life balance so that demands from family, personal and professional life are in a state of equilibrium.

2. Always Stay Positive

As emotional creatures, individuals are very sensitive to their environment, to people around them and events that happen. The way a person responds to their environment shapes who they are, determines their character, and how they will behave. Many times, when confronted with challenges or failures, demotivation and low morale settle in. Phrases like “This is never going to work”, “It’s impossible”, or “Not this again” become common and start creating a pessimistic outlook of the future.

Not only does this affect your company and the working environment, but it also affects other aspects of your life. Scientists have established the link between pessimism and health issues, as well as the correlation between optimism and longevity. You must learn to be optimistic, not only at your workplace, but in every situation. Most importantly, do it for yourself, not for other people.

The easiest way to stay positive is to identify the good things in your life and be grateful for them. Every day look for things that are working and praise those things. If you are keeping a journal, start writing positive thoughts. The practice of gratitude in different forms can rewire your brain, making you happier, allow you to see more opportunities, and increase your overall health.

3. Be Smart About Money

“Money is not the goal. Money has no value. The value comes from the dreams money helps achieve.” —  Robert Kiyosaki

Money itself is not a goal as many people see it and nor is it a must-have for success. Money is a way of achieving goals as well as a consequence of success. It’s easy to lose sight of money, especially if you don’t major in economics, but a good practice is to always keep one eye on your goals and one eye on your money.

First of all, whatever you are doing as an employee, a consultant or a business owner, you must ensure you get at least the market value for your service. Getting the market value is the status quo, everybody knows the price and all parties exchange services at market value. Asking and earning more than the market price means you are managing things differently, you’re going over the line, pushing for more, providing extra benefit, appealing to more customers and creating feedback loops that propel you upward.

Secondly, it’s important to learn how to use capital and make your money work for you. Investing wisely and establishing long-term plans allows you to gain financial independence and dedicate time and energy to things that serve a greater purpose.

Last, but not least, acquiring wealth can be an aid to a more satisfying life, once you start seeing money as a proof of success instead of happiness. Financial success positively influences life satisfaction by allowing people to focus on their passions and actions that make them happy. The key is to know the difference between happiness and success.

4. Embrace the Principle of Investments in People – Especially in You

The billionaire duo, Bill Gates and Warren Buffett advised in several interviews over the years that the biggest investment you can make is in yourself. That investment means getting more skills and perfecting what you already know. For example, they mention that Improving communication skills, both in person and in writing, can increase your value by 50%.

Next, taking care of your body and mind is equally important. You get only one body and one mind for all of your existence. If somebody gave you a car and told you that this is the only car you would own for the rest of your life, you would probably protect that car, fix any dent, read the owner’s manual, keep it running smoothly, change the oil regularly, and care for it wisely. There is no reason why you should treat your body and mind differently. You get one body and one mind, and you must constantly take care of them, especially when you are young.

Additionally, always look for companies that invest in people or, if you own a company, put your workers first. This type of investment is the smartest according to statistics. Businesses that last longer in the market, outpace the competition and have the happiest employees, choose to do specialized training, create environments where people can innovate, and put their employees first. This means having trust in people. As trust is a core principle at Hitech Advisors. we encourage our partners to embrace this and embody it in their relationship with employees.

5. Help Others Get What They Want

If you expect to receive more from life than what you currently get, then you must put more into it. This is the base ingredient of success in life and business. It’s the catalyst that makes all areas of life function at the highest.

To carry this out, you must give people more time, attention and respect. The more you care for a person, the more open that somebody becomes to your influence and thus helps you realize what you wish. The ability to get people to cooperate with you, trust you with their money, support your ideas and give credit to your product relies on this key assumption.

What’s truly great about this practice, is that there are no limits. No one can stop you from going the extra mile in your relationships, being generous and doing nice things for others. Once you become an influential person, possibilities will be unlimited.

6. Keep Learning

Great engineers, designers, freelancers, and entrepreneurs are not defined by their level of skills. Sure, qualifications are important when applying for a job or when building partnerships, but your potential success is determined by a desire and commitment to learning new things. The time when individuals learned for a position and then waited for retirement is long gone. These days, if you don’t keep up with the latest technologies, you stop being competitive and you can be replaced quickly. But learning doesn’t refer only to the traditional ways, but also to modern techniques practiced by Richard Branson or Steve Jobs (both college dropouts).

First, be sure you’re up to date with what’s happening in your industry or area of focus. Secondly, get guidance from other people by being part of a community. Leveraging the knowledge gained by others while sharing yours is the great path to testing yourself, increasing your self-esteem, and gaining the confidence required for taking the next steps.

The last and most effective way to gain knowledge is to go outside your comfort zone and learn from mistakes and setbacks. Ambitious goals can hardly be achieved in one successful shot, most of the time it takes several attempts, each with a different plan of action. When you encounter a setback, take your time to learn the lesson and integrate it into your habits and routines. Everyone learns by making their own mistakes, but you can also learn by examining the mistakes of others.

We believe that these ingredients represent a recipe for success, but they are not the only ones. Everybody is unique and you should add your spice to it. We would love to know more about your success story, the efforts that brought you benefits so far, and what your recipe is, so we can help you spice it up. Share your story with Hitech Advisors by calling (425) 284-3315 or hello@hitechadvisors.com.