Why Billionaires focus on Meditation
This may be the first image that comes to your head when you think of meditation. A hippie or a monk sitting on top of a mountain meditating for hours to find inner peace. However, meditation is widely practiced by millionaires and billionaires alike and often consider that meditation plays a huge role in their success.
What is Meditation?
Meditation is a practice where an individual focuses the mind on a particular object, thought, or activity to train attention and awareness. Usually, the activity to focus on is breathing. This helps to achieve a mentally clear and emotionally calm and stable state.
Meditation in theory sounds like a very simple process. You sit in one place and focus on your breathing. And for the most part, it is. But most people find difficulty in focusing on a particular object or activity without being distracted by a random train of thoughts. This can also be mastered with practice. But once you master the art of meditation, it can improve your mental health significantly.
Billionaires and Meditation
One of the top habits of billionaires from Oprah to Jack Dorsey is meditation. Oprah Winfrey, who has a net worth of $2.6 billion, is one of several successful individuals who meditates for 20 minutes, twice a day. “Knowing for sure that even in the daily craziness that bombards us from every direction, there is still the constancy of stillness,” Oprah wrote on her website. “Meditation, more than anything in my life, was the biggest ingredient of whatever success I’ve had,” Ray Dalio told The Huffington Post. Ray has a net worth of $16.9 billion and is the founder of the world’s biggest hedge fund firm, Bridgewater Associates, which manages roughly $140 billion.
Jack Dorsey, CEO of Twitter and Square, who has a net worth of $11.9 billion said that he aims to meditate one hour in the morning and at night. Although he is also known for promoting unconventional eating habits like intermittent fasting or Vipassana for 10 days in South Africa, meditation is something that is practiced by his fellow billionaire peers.
The late Steve Jobs, who is considered one of the greatest icons in the tech industry went on a trip to India between 1974 and 1976, where he learned meditation which he admits changed his life for the better. And after returning from India he started Apple which became the first company that had reached the valuation of $1 trillion.
Benefits of Meditation
- Gaining a new perspective on stressful situations
- Increasing self-awareness
- Focusing on the present
- Improves emotional and mental health
- Improves attention and concentration
These are a few of the many benefits of meditation that not only help billionaires or millionaires but can improve an individual’s life and help them achieve their goals.
Whether you’re working in a stressful corporate environment or a writer experiencing writer’s block, meditation can help clear your head and ignite new ideas and thoughts. Physical health and mental health are equally important and while there is a lot of knowledge and resources about physical fitness out on the internet, there are not enough resources on improving mental health and how it can positively impact one’s life.
How to Meditate?
- Prepare to sit still for a few minutes. Traditionally the full lotus position called padmasana is considered the best position. However, if you lack flexibility in joints, you can sit on a chair with your back straight.
- Close your eyes and focus on your breath. Closing your eyes will prevent you from being distracted by the phone in front of you or the design on your wall. While there are more advanced techniques where you meditate with your eyes open, for beginners it is recommended to keep your eyes closed. Follow your breath and keep the attention on inhaling and exhaling.
- Follow your breath. Focusing on your breath, again, is a technique recommended for beginners as it’s the easiest way. Try to picture how the air travels from your nose to your lungs and belly and back out through your nose, while breathing.
You may get distracted by random thoughts and disrupt your flow. And that’s totally normal. The key to successful meditation is to consciously turn your attention back to your breathing every time you are distracted. You can meditate for as little as 2 minutes to over an hour. As a beginner, try to meditate for 5–10 minutes every day for a week to notice a change in your thinking, stress levels, and overall mental health.