Failure is such an ugly word. It shouldn’t be. There are a lot of people who are doing it. Maybe they know something the rest of us don’t know. According to the U.S. Census there are approximately 49 million who live below the poverty line in America and another 53 million who are at or…
What are the top 5 habits of entrepreneurs? I get asked that question a lot by the media and podcasters, so I thought I’d share my top 6 list with you: 1. Daily Self-Improvement Daily Growth is either through daily reading to gain knowledge, going to night school, attending a seminar, webinar, or listening to…
Sometimes rich people lose their wealth. Things can go wrong. Sometimes those things that go wrong are outside the control of the wealthy (i.e. random bad luck) but more often than not they are things that are completely within their control. As a CPA, I’ve been advising wealthy individuals in money matters for more than…
Do you know where you will be in five years? What will your life be like, five years from today? What would you like your life to look like five years from today? If you don’t know where you are going, the path to take really doesn’t matter. In my research of the rich and…
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…
It was an early morning on the first day of spring. The farmer had just finished planting the last of his sunflower seeds. The ground was still cold and hard from a long, cold winter. The frosty, damp morning soon gave way to a strong morning sun rising slowly over the horizon. Its warm rays…
In the personal development industry, the experts try to separate themselves from the competition by sharing their unique formula for success. Each self-help expert seems to have their own proprietary “formula” for success. But, one thing I’ve noticed among these experts is they all seem to ignore the most important factor of success – Luck….
Self-made success is built upon a mountain of mistakes. The more mistakes, the higher your mountain, the greater your success and the more money you’ll ultimately make. In my Rich Habits study, I stumbled onto something I thought was counter-intuitive. The self-made millionaires in my study acknowledged that they had made a lot of mistakes…
Rich or poor, there are four common spending mistakes that sap your wealth. The key to growing and maintaing your wealth is avoiding these spending mistakes. Want Spending Want spending is buying what you want, when you want it, without considering the consequences. Want spending is driven by envy, an emotion that is fueled by…
Sometimes rich people stop being rich. Things can go wrong. Sometimes those things that go wrong are outside the control of the wealthy (i.e. random bad luck) but more often than not they are things that are completely within their control. As a CPA, I’ve been advising wealthy individuals in money matters for more than…
