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…
According to researchers from the University of Illinois, the more sleep a person gets, the more optimistic they are about life. Why is optimism, and thus sleep, so important? Reason #1 Optimists Are More Successful. Martin Seligman was a Psychologist at the University of Pennsylvania. In the mid-1980s, he created a Style Questionnaire that MetLife’s…
Adversity pushes you, challenges you, tests you. It can make you better, sharper, stronger, more resilient and bursting with confidence. Or, it can break you. Adversity stops the vast majority of people in their tracks. This is because adversity tests your commitment and your desire to succeed. It pushes you to the very limits of…
In the early days of humanity, food was scarce. So, the brain evolved to encourage gorging, or overeating. The body then stored any excess nutrients in the liver and in fats cells throughout the body. When scarcity returned, the nutrients stored in the liver and fat cells were converted to energy and used to keep…
Life has a way of going wrong. When things go wrong, our natural inclination is to blame someone or something. This knee-jerk reaction helps protect our fragile egos, by taking individual responsibility for our actions, out of the equation. Blame is anchored in negativity and negativity is the default mode for those who are unsuccessful…
