I remember my first job in New York City. I was 21 and interning for Bankers Trust right across from World Trade Center Building #1. I was finished with my work day and headed down the two story long series of escalators which delivered all of us down to street level. There were four of…
Success requires focus. This focus comes in many forms. Focus on dreams. Focus on goals. Focus on building relationships that help you move ahead. Focus on minimising expenses. But there is one area of focus that I believe is the big differentiator between those who ultimately break through and become successful and those who don’t — Purposeful…
The growing wealth gap, the great divide between the rich and poor, is a reflection of how the haves and have-nots were raised by their parents. How do I know? I spent five years interviewing 177 self-made millionaires and 128 poor people and documented what I learned in something I call my Rich Habits Study. What I…
According to my five-year research study on the daily habits of the rich and the poor, the rich believed that they were lucky. They believed, however, that they created their own good luck. I have learned from my research that luck, good or bad, is a major part of success or failure in life. Here’s…
“Luck favors the persistent.” — Jim Collins. Thirty-three percent of the self-made millionaires in my Rich Habits study had accumulated $4 million or more during their lifetime. Ten percent had accumulated more than $5 million. What I found interesting, however, was that 93% of the self-made millionaires in my study did not accumulate that wealth until after age…
If you had to rely on passion, motivation or willpower to do what is needed to become successful, everyone would fail. This is because passion and motivation ebb and flow from day to day. And willpower only has a limited reserve that peters out after a few hours. Success requires consistency. So, you need something…
The unaware are all around you. The person who walks through a door, oblivious that you are right behind them, letting the door slam in your face. The driver who cuts you off on the highway. Or the overweight person, eating junk food, watching TV, oblivious to the fact that they are destroying their health….
In a 2013 survey conducted by the Associated Press, they found that 80% of America’s adults struggle with joblessness, poverty, near-poverty or reliance on welfare for at least parts of their lives. While you may see yourself as good parents, stats don’t lie. Eighty percent of America’s parents clearly are failing their kids. For this…
Contrary to what you may have been taught, your IQ is not fixed. It can increase or decrease during your lifetime. What causes your IQ to increase or decrease? A brain cell, also known as a neuron, is made up of the cell body, numerous dendrite branches and one axon trunk. The dendrites receive signals from…
Everyone wants to be successful, but few know how or where to begin. Success is a process. Just like failure is a process. The struggle to become successful, I learned from my Rich Habits study, is figuring out that process. Most pursue success the hard way — Trial and Error. After years of taking action…
