When I began my study of the rich and the poor I wanted to know the answer to one question: why are some people rich and other people poor? Five years later and over 350 interviews later, I finished my research. It wasn’t an easy thing to do. I grouped 144 questions into 20 categories…
Courage is admired by so many because it is possessed by so few. Living a brave life means not letting fear or uncertainty prevent you from pursuing your dreams. You gain the courage to pursue your dreams when those dreams become crystal clear. You need to be able to see exactly what it is you…
Those struggling with poverty share some common traits. I call them Poor Habits. I’ve written extensively about these Poor Habits. But, Poor Habits alone only tell part of the story. There are certain Pillars of Poverty that make poverty possible. Some are self-imposed, others external. In their order of relevance, below are the Pillars of…
Those who know how to manage money make it their slave. Those who do not, become its slave. In my research, I discovered specific money habits of the rich that they used to accumulate enormous wealth. Put Money to Work Accumulating money is good but it will not make you rich. You must put money…
We lionize successful entrepreneurs such as Steve Jobs, Elon Musk, Bill Gates, Henry Ford and Thomas Edison. They inspire and motivate us to pursue greatness. We study them in order to learn their secrets to success. When we peel the onion on their success, common factors such as pursuing a dream, having a clear vision,…
I spent many years studying the rich and the poor in my Rich Habits Study and found that there were twelve problems almost everyone has to contend with in life: Health Problems Financial Problems Family Problems Neighbour Problems Home Repair Problems Car Problems Addiction Problems Job Problems Relationship Problems Death or Disability Problems Time Management…
Self-awareness is a Rich Habit. Lack of self-awareness is a Poor Habit. Only through awareness can you overpower neurologically-based, instinctive urges to spend money. Self-awareness short circuits the neural hard-wiring that causes most to unconsciously spend their money. In my Rich Habits research, I discovered certain unconscious spending Poor Habits that prevent individuals from accumulating…
Have you ever heard of the 7 Deadly Sins? Lust Gluttony Greed Sloth Wrath Envy Pride Well, like the 7 Deadly Sins, I learned from my Rich Habits research that there are 7 Deadly Habits. These are seven bad habits that will make you poor, unhappy, unfulfilled, unhealthy, hopeless and create a life of misery….
You have passion. You have talent. But do you have passion for the thing you are talented at? If the answer is yes, I can almost guarantee that you will live a life filled with enormous success and happiness. Unfortunately, for the vast majority of people, their passion and their talent are divorced from one…
Poor people have a ME Mindset. They are focused on themselves and what others can do to help them in life. This is born of a scarcity mindset, which focuses on what you lack and want. It is a selfish, victim-based mindset. The problem with this mindset is that people eventually catch on to your…