Did you know people fall into one of three groups? Let me explain… Martin Seligman is a psychologist at the University of Pennsylvania. In one of his studies on happiness, he found that people fall into one of three categories: 1. Pleasure Seekers These are individuals who seek happiness on a daily basis. People in…
In my Rich Habits Study, 41% of the 233 self-made millionaires I interviewed came from poverty. Conversely, in my Poor Group (128 people), 66% of them came from poverty. While those stats are revealing, they didn’t answer one question that has constantly plagued me – Out of the entire population of poor people, how many become…
Since 2004, I’ve devoted a significant amount of my time to researching habits. One of the questions I get asked by the media often is: Are there differences between the habits of men and women? The answer is always Yes. From my research, I’ve identified certain habits that separate men and women. Here’s a sampling…
I’m going to get a little philosophical here. Bear with me. There’s an important point I’m trying to make. There are two opposing schools of thought that divide mankind. School of Thought #1: Self-Determination Drives Life Circumstances School of Thought #2: Predetermination Drives Life Circumstances Those who subscribe to School of Thought #1 believe we…
What do wealthy people do to become wealthy?” The answer is – “They create their own good luck”. But how can you create good luck? Before I answer that question we need to understand luck. There are four types of luck: Random Good Luck Random Bad Luck Opportunity Good Luck and Detrimental Bad Luck Random…
I spent five years researching the daily habits and lessons that self-made millionaires learned from their non-millionaire parents. I share all of these habits and lessons in my book Rich Kids but thought I’d share with you ten of the most important ones: Success Habit #1 – Continuous Self Education 30 minutes a day of reading…
One of the most revolutionary and groundbreaking discoveries I made in my five-year Rich Habits Study, was the fact that there are Four Paths to Wealth. I cover these paths in more detail in my new book, Effort-Less Wealth, but here’s a snapshot: Saver/Investor Path Big Company Climber Path Virtuoso Path Dreamer/Entrepreneur Path What makes this discovery…
In my Rich Habits Study, I learned just how important your beliefs are for those pursuing success and wealth. The wealthy in my Study had very different beliefs than the poor in my Study. Beliefs represent the acceptance of something without any proof to back up what we accept as fact. They are almost always…
Is it bad to want to be rich? Let me ask that question a different way. Is it bad to want to be successful at your job or in your business? If your knee-jerk reaction is to say, “Yes, it’s wrong to want to be rich,” what you’re really saying is it’s wrong to want…
I spent many years studying the rich and the poor in my Rich Habits Study and found that there were twelve problems almost everyone has to contend with in life: Health Problems Financial Problems Family Problems Neighbor Problems Home Repair Problems Car Problems Addiction Problems Job Problems Relationship Problems Death or Disability Problems Time Management…
