I just finished reading an article complaining about the rich. The author was upset at the fact that 1% controlled 82% of the wealth in the world. In the author’s mind, there was something inherently unfair about this. The author, like many who are not in the 1%, felt that the wealth the 1% created…
Bad habits impair your brain. You can tell when your habits are impairing your brain. This impairment manifests itself in bad choices, poor memory, lack of willpower, trouble sleeping, feeling lethargic during the day, uncontrolled anger, depression, poor health, and strained relationships. But, not to worry, I’m here to help. I’ve spent the past thirteen…
Genes are Apps that can be clicked on or off. The mind drives the body, and the body’s response to your thoughts switches genes on or off. Examples When you are exposed to something in your environment that poses some threat to your well-being, the autonomic nervous system sends out a “time to worry” distress…
In my Rich Habits Study, I had the fortunate opportunity to peer into the lives of 128 individuals who struggled financially in life. My goal was to figure out the underlying causes of their financial struggles. I learned many things. For instance, I learned that those who struggled financially had habits that, in many instances,…
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…
Becoming a successful entrepreneur is not easy. I spent five years studying 177 self-made millionaires Rich Habits Study – Background on Methodology and I have to say, they are among the most courageous, fearless individuals I have ever met. They put everything on the line. They took enormous risks in the pursuit of their dreams. Success…
“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…
In my Rich Habits Study, 51% of the self-made millionaires were entrepreneurs, meaning they made their wealth by starting and running their own companies. Thanks to my Study, I not only learned what the rich did to get rich, but I also learned about all of their mistakes. And there were a lot of mistakes….
Even though we did not have much money growing up, my Dad always made sure our freezer was stocked with different types of ice cream: vanilla, chocolate, butter pecan, coffee, and a few others. What I found interesting was that my Dad would not pick one ice cream to put in a saucer. He’d have…
One of the #1 traits shared by the self-made millionaires in my Rich Habits study was a positive mental outlook. The average net worth of those millionaires was $4 million. So, being positive is worth quite a bit of money. But what is a positive mental outlook? It is an upbeat lens through which you…
