In my five-year study of the habits of the rich and poor, one of the most profound discoveries I made was the vast difference in the habits the rich and the poor learned from their parents. Parents who raised children who became rich and successful in life taught them very specific success habits that they took…
Failure is another one of those evil “F” words. Since childhood we are indoctrinated to avoid failure. It’s embedded into our education system. As a child, you experience failure for the first time when you fail a test. The teacher puts a big “F” on your test and immediately you learn that failure is bad….
Many believe the pursuit of wealth is wrong and that the wealthy are evil. I know this because I have received thousands of very angry and abusive emails and comments over the years from individuals who have read one of the many media articles on me and my Rich Habits. There is no shortage of…
Many people pursue success but very few actually realise success. By success, I mean becoming rich by starting a business, either on the side or full-time. Although the Internet has made starting a business easier, success still is hard. The Internet has not taken the hard out of success. Those who succeed have what it…
Intelligence, talent and charm are great, but more often than not these aren’t what separate the wealthiest among us from the poorest. Instead, the differences are in our daily habits. Do you realize that these subconscious, second-nature activities make up 40 percent of our waking hours? That means that two out of every five minutes,…
When I finished my five-year study on the daily habits of 233 self-made millionaires, I made a breakthrough discovery. Nearly every one of the millionaires attributed their success in life to habits they learned primarily from their parents or some mentor in life. The secret to success is our daily habits! I thought this was…
One of the big separators between the rich and the non-rich is the rich have developed the Rich Habit of taking action. Action is really two things: Thinking Action Physical Action Thinking Action We all think. According to Psychology Today, the average person has 50,000 thoughts a day. According to my research, the Thinking Actions of…
One of the most glaring differences between the rich and the poor in my Rich Habits Study was who the rich and the poor surrounded themselves with. The self-made millionaires in my study built Rich Relationships – relationships with individuals who possessed Rich Traits, characterised by a positive mental outlook on life. Rich Relationships are…
History is replete with famous individuals and companies who either failed or came within a hair’s breadth of failure: Abraham Lincoln failed six times in politics before he was elected President of the United States. Henry Ford’s first automobile company went bankrupt. Thomas Edison failed 10,000 times with the incandescent light bulb. R.H. Macy failed…
Luck, good or bad, results in success or failure. In my five year study of the habits of the rich and poor (Rich Habits Study), I discovered that luck plays an important role, a critical role, in determining success or failure. In fact, 87% of the rich in my study admitted that good luck, or…
