70% of the people you run into in life are pessimistic and only 30% are optimistic. There are a lot of ingredients that go into the self-made millionaire stew. According to my Rich Habits research, optimism happens to be one of the most important ingredients. So too is a high tolerance for risk, which is…
Overnight success is very rare. Success takes a long time. In my Rich Habits research, I learned there were three traits that were common among all successful people. Trait #1 Laser Focus Laser Focus is the ability to concentrate for long hours at a time. It is also the ability to quickly pivot and shift to…
Only 4% of those raised in poverty become self-made millionaires. Sadly, I could share all of the Rich Habits, success tips, wealth advice, health research, etc. with everyone in the world and still only a small percentage would take action. Why are so few willing to take action and change their lives? Because change is…
“Keep all your eggs in one basket, but watch that basket closely.” – Warren Buffett This is one of Warren Buffett’s most famous quotes. It is also one of the worst pieces of advice for anyone who is working on becoming rich. My dad inadvertently took this advice with his own financial empire, and in one…
One of the biggest things holding people back from the pursuit of success is the fact that they fear failure. This fear of failure causes them to second-guess every move they make. It causes them to overthink everything. It causes them to delay in taking action. Overthinking and Procrastination is born out of this fear…
According to A well-known study, conducted in 2013 by PEW Charitable Trusts, 70% of those born and raised in poverty, remain poor as adults. And this “cycle of poverty” continues generation after generation. Why? Inferior education, absentee parents, toxic stress, poor nutrition, few, if any mentors and a lack of opportunities are all blights inflicted upon…
If you want to succeed in life, you absolutely must surround yourself with other successful people. Successful people are successful because they have expert knowledge and skills in very specific niches. Unsuccessful people lack expertise in any one niche. Successful people surround themselves with other success-minded people who are also experts in their field. They…
When you are doing something you like or love, time seems to fly by. They call it the State of Flow. And whenever you find yourself in a state of Flow, think long and hard about what you are/were doing while in that State of Flow. Why? Because that State of Flow activity is very likely…
Have you ever wondered what the most common major problems are in life? I have. I spent 15 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with: Health Problems Financial Problems Family Problems Neighbour Problems Home Ownership Problems Car…
In our modern economy, nearly every system is engineered to extract your hard-earned dollars. Credit-card companies flood your inbox with “pre-approved” offers. Retailers use algorithms to trigger impulse buys at the exact moment your willpower dips – typically in the checkout line. Social media bombards you with FOMO-fueled ads for the latest gadget, vacation, or…
