A fish rots from the head down. What this means to me is that poverty begins and ends in the mind. According to my Rich Habits Study, most of the rich (76%) are born into either poverty or the middle class. According to the 2016 Wealth X Census, 75% of the rich are born into…
One of the fascinating things I discovered in my Rich Habits research was the fact that many self-made millionaires, particularly the Dreamer-Entrepreneurs and Big Company Climbers, at some point, got lucky. 84% of these self-made millionaires attributed their good luck to their daily habits 87% of these self-made millionaires said they were lucky and 92%…
If you follow me, you know that one of the most common Growth Habits of self-made millionaires is self-education. For most of my “millionaires”, the knowledge they acquired came from one habit – Reading to Learn. Seventy-one percent of the self-made millionaires in my Rich Habits Study, read to learn, a minimum of 30 minutes every day….
One characteristic of self-made millionaires is their ability to focus on one thing for a very long period of time. It may be a dream they are pursuing for five years, ten years or twenty years. It takes a long time to succeed in the realization of your dream. However, for most non-millionaires, when something…
As you pursue your dreams and goals you will meet many new people. Some will be supportive and some won’t. Below are the six types of individuals you will encounter along your quest for success. Thanks to the millionaires in my Rich Habits Poor Habits Study, I have some valuable data that will be invaluable…
I know it sounds crazy to say this but we are hardwired to be lazy. And we have our brains to blame. The fact is, the human brain is lazy. Or, looking at it another way, the brain finds ways of doing things that make it work less. That’s why we have habits. Habits enable…
40% or more of our daily activities, thinking and the choices we make are habits. Most of the habits we take with us into our adult lives, we learned from our parents, our teachers or our environment. This is a good thing if kids are learning good success habits, what I call Rich Habits, but…
Success, particularly as an Entrepreneur or Virtuoso, demands obsession. In order to succeed in whatever it is you do, you must become fanatically obsessed with one thing for a long period of time. Obsession creates a laser-like focus enabling you to ignore anything that distracts you from your obsession. This is one of the many reasons…
In my ongoing Rich Habits research, I have the fortunate opportunity to peer into the lives of the rich and poor. Thanks to my research, I’ve learned that there are fifteen factors that make it hard for people to hold onto their money or build wealth: Pretender Syndrome Ego-driven purchases are intended to create the perception…
5 years of studying rich people taught me they have a set of unwavering beliefs that the rest of us don’t Beliefs represent the acceptance of something without any proof to back up what we accept as fact. They are inherited unconscious programming. In my five-year Rich Habits study of 233 rich people and 128…
