Everybody loves a good secret. In fact, the juicier, the better. Why? Because we all love being insiders. We love the feeling of exclusivity, of knowing something that’s just ours and no one else’s. But in business, secrets do more than just stroke our egos.
We love having the upper hand. We love having the “unfair advantage,” to borrow entrepreneur Jason Cohen’s term. So when someone like Dr. Ivan Misner, founder and chairman of BNI, the world’s largest business networking organization boasting 5.4 million referrals and more than $6.5 billion in resulting revenue, asks, “Do you want to know the secret to success?” you listen. What’s “the secret”? Well, there isn’t just one.
But think about this: “Success is the uncommon application of common knowledge.” In other words, when it comes to success, what matters isn’t so much learning something new but putting into practice what we already know. Here are four not-so-secret secrets of insanely successful people:
1. They have a vision.
According to Warren Bennis’s classic On Becoming a Leader, leadership is “the capacity to translate vision into reality.” This means that success starts with answering a fundamental question, What do I really want? Whether you call the answer to that question your mission statement, core values, brand identity or just your goals doesn’t really matter. Because “a rose by any other name would smell as sweet.”
Here’s how Bennis unpacks the idea: The leader has a clear idea of what he or she wants to do—professionally and personally—and the strength to persist in the face of setbacks, even failures. The key word is “clear.” And clarity means writing it down. In fact, as SUCCESS.com’s infographic on the habits of the world’s wealthiest people points out, two of the most statistically significant factors that set the richest people apart from everyone else is that 81 percent of them maintain a to-do list and 80 percent focus on accomplishing a specific goal.
2. They are honest.
Successful people tell the truth.This sounds so obvious that you might think it doesn’t even need to be said. But in a climate where the pressure to look good, perform well, eke out profits and win by any means necessary is constantly increasing, honesty is becoming a scarce commodity. And yet, honesty pays. According to research in Robert B. Cialdini’s Yes! 50 Scientifically Proven Ways to Be Persuasive, when companies “explained failures in their annual reports, those that pointed to internal and controllable factors had higher stock prices one year later than those that pointed to external and uncontrollable factors.” In other words, taking responsibility for our mistakes and admitting when we’re wrong isn’t just relationally smart—it’s financially savvy.
Another study, conducted by the Corporate Executive Board, found companies that “rated highly in the area of open communication” and encouraged honest feedback among their staff delivered a “10-year total shareholder return that was 270 percent more than other companies.” And what’s true for companies is just as true for us. As Bennis wrote, “Leaders never lie to themselves, especially about themselves…. You are your own raw material.”
3. They show gratitude. –