I’ve been studying millionaires and billionaires since 2004, which is when I began my Rich Habits Study. One of the first things I noticed is that many of these successful people share certain common traits. In this article, I will share 25 Universal Truths about success: 1. Success takes time. 2. Emotion, good or bad,…
Being Hopeful is a Common Trait Among Self-Made Millionaires. Feeling Hopeless is a Common Trait of the Poor One common denominator that kept many of the 177 self-made millionaires in my Rich Habit study pushing their ball up their hill, particularly the Dreamer-Entrepreneur millionaires, was hope. Without hope, all desire and motivation are lost. You…
When was the last time you calculated your net worth? In my mind, it’s an important part of building your wealth, because without knowing your net wealth position it’s a bit like steering a ship without a compass. You don’t really know where you are along the journey. Calculating your net worth is like taking…
According to my Rich Habits Study data, finding a career success mentor in life was the fast track to success. Career success mentors teach you what to do and what not to do, what works and what doesn’t work. They teach you the career habits that will help you succeed and they forewarn you about…
Have you ever questioned where your money went? Do you live paycheque-to-paycheque? No matter what your income, good money habits can help to build wealth and set you up for financial success… but bad money habits can do the opposite. Bad money habits can see you dwindle your savings (if you have any) by continuously…
When I first walked out of my last actual job in the mid-90s, I have to tell you I was more than a bit scared. After I shook off the shackles, I realised that there would be no more nice fat deposits into my bank account from my employer. It gave me a jittery, butterflies…
High Achievers are people who achieve some level of greatness in life. They might be successful entrepreneurs, professional athletes, Olympians, famous writers/authors, painters, engineers, singers, prominent religious figures, etc. Essentially, they are individuals who, through their actions, achieve greatness. And these high achievers all share certain common habits. Relying on my vast stores of knowledge…
As parents, we strive to arm our children with the necessary skills and knowledge that will guide them through life. A critical yet often overlooked part of this toolkit is financial literacy. Grasping money management from an early age can have a profoundly positive impact on a child’s life, setting the foundation for a lifetime…
Success is no accident. The most successful people in life – whether in business, family life, music, or on the sports field – may not always seem like they have much in common. How are The Beatles similar to Steve Jobs? Or Warren Buffett and Shane Warne? But when their traits, habits, and work ethics…
If you’re feeling the pinch of the cost of living crisis, you’re not alone. New analysis reveals that the average Australian now needs to earn $107,730 a year just to maintain the same standard of living they had a few years ago. This is a significant jump from the $90,000 salary that was once considered…
