One day Warren Buffet was sitting in the cockpit of his plane with his pilot, Mike Flint. They were having a conversation. Flint asked Buffet what it takes to succeed. Buffet shared with him the following 3 Step Strategy for Success: STEP #1 Top 25 Goals Buffet had Flint write down his top 25 Goals. STEP #2…
Why is there only a small percentage of rich people? Why are so many people poor? The experts are quick to point the finger of blame at a variety of causes: low wages, America’s shrinking manufacturing base, U.S. companies moving overseas, China stealing our jobs, illegal immigrants stealing our jobs, poor education, the rich exploiting…
When I embarked on my Rich Habits Study I was not content with identifying the Rich Habits of wealthy people. Success habits only get you halfway down the field. In order to get down the rest of the field and score, you also need to know what not to do. That is why I also…
Reason #1: Uncertain how to become rich In my five-year Rich Habits Study/Research, I learned something profound: There are 4 very specific paths to accumulating wealth: Saver/Investor Path – Save 20% or more of your income and consistently/prudently invest those savings. Big Company Climber Path – Working for a big company and climbing the ladder until…
Almost every one of the self-made millionaires in my Rich Habits Study pursued their dream despite the fact that they felt they were not ready. “The best time to plant a tree was 20 years ago. The second best time is now.” ~ Chinese Proverb It didn’t matter that they did not know what they…
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…
When you are doing something you like or love, time seems to fly by. They call it the State of Flow. And whenever you find yourself in a state of Flow, think long and hard about what you are/were doing while in that State of Flow. Why? Because that State of Flow activity is very…
There once was a woman who was miserable with her life. She hated her low-paying, high-stress job, yet worried every night about losing it. She and her husband were falling behind on their bills and their credit card debt kept growing. They constantly fought with each other over their money problems. Her husband began coming…
Is happiness genetic? Is it predetermined? In 2017, Vrije Universiteit Amsterdam, in the Netherlands, published a paper that, for the first time, linked genetics to happiness. In the study of nearly 300,000 people, the researchers, led by Meike Bartels, found that there was a direct link between genes and happiness. This is a groundbreaking study….
Those who struggle with poverty, while growing up, see the world as a very different place from those raised in the middle-class or in wealthy households. In my Rich Habits Study, 41% of the 177 self-made millionaires were raised in poor households. Yet, somehow they managed to break out of their poverty as adults. Ironically, according…
