Your habits create luck. Random luck, good or bad, is fairly democratic. It visits rich and poor alike. But did you know you can intentionally create your own good luck and minimize bad luck? The creation of good luck requires the consistent application of good habits over a long period of time. One common theme…
The study of the rich and the poor has led me down many rabbit holes. One very important rabbit hole was habits, which I am now certain dictates the circumstances of our lives. But another important rabbit hole I ventured down, is something that every human seeks – happiness. I’ve identified seven pillars of happiness….
Slickdeals, an online couponing site, commissioned a survey of 2,000 American adults in an effort to better understand impulse purchases. One startling find was that the average American engages in three impulse purchases a week. This impulse spending habit costs the consumer about $450 per month, $5,400 per year and $324,000 over their lifetime. Now,…
In my books, Rich Habits and Effort-Less Wealth, I highlight some of the habits that have the most impact on your financial life. Below I share 8 of those habits. #1 Self-made millionaires engage in dream-setting It’s never too late to dream. Grandma Moses began painting at age 80. Colonel Sanders was in his early 60’s…
The pursuit of happiness is the one common denominator of all human beings. People will spend their entire lives in the pursuit of happiness. But, if you don’t know the true path toward long-term happiness, you can get lost along the way and pursue false paths to happiness. Recreational drugs, alcohol, sex, excessive recreation/entertainment, and…
We essentially have two brains – the Conscious Brain and the Unconscious Brain. The Conscious Brain, or Neo Cortex, is the outermost portion of the brain. It’s what you typically see in pictures, with all those wrinkles. It is located in the brain’s topmost layers and includes the neocortex and the lobes. More specifically, it…
Time is the most valuable resource we have. Not wealth. Not people. Not knowledge. Not skill. Time. What makes Time so valuable is that it can never increase. You can increase your wealth. You can increase the number of your relationships. You can increase your knowledge and you can increase your skill-set. Time only decreases….
“The best time to plant a tree was 20 years ago. The second best time is now,” Chinese Proverb Thirty-nine per cent of the millionaires in my Rich Habits Study pursued some dream, despite the fact that they were not ready. It didn’t matter that they did not know what they were doing. It did not…
There are Experts and then there are Outliers. Experts devote years to learning an industry or a skill set. They follow processes and procedures handed down to them by previous Experts. This becomes their industry-accepted, well-worn path. They know what they know. They know what works and what doesn’t work. Outliers, however, almost always start…
In my career, I started four companies. One of those four companies failed. That one failure very nearly destroyed my marriage and my family life. Here are some of the most important lessons I learned from failing. Pick your partners very carefully Success is much easier when you have great partners. Failure is inevitable when…
