Join Tom Corley & Michael Yardney on their journey to understand the mindset of the rich & successfull.
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Have you ever run into an optimist? Most who do walk away energized, enthusiastic, motivated and, well optimistic. Now contrast that to pessimists. Pessimists sap you of your energy, enthusiasm, motivation and drag you down in life. They push you away and make you want to run for the hills. By a wide margin, the millionaires in…
When you are doing something you like or love, time seems to fly by. They call it the State of Flow. And whenever you find yourself in a State of Flow, think long and hard about what you are/were doing while in that State of Flow. Why? Because that State of Flow activity is very…
Cheap people and frugal people are two very different types. Cheap people focus on price first, when it comes to spending their money. Frugal people focus on quality first when it comes to spending their money. But one common denominator they both share is that they control how much money they spend. Most people, however,…
In my study on the habits of the rich and poor, I learned that three things about mentors: Mentors are hard to come by – only 24% of the wealthy had a mentor in life. Finding a mentor is the fast track to accumulating wealth – that 24% who found mentors also happened to accumulate…
“All things are difficult before they are easy.” Thomas Fuller The path towards success is like climbing a never ending flight of stairs. Each step, another obstacle to overcome. Each step, another mistake to learn from. Each step, another closed door opened. Success is not for the meek. It requires a warrior mindset. When you…
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. Our education system has been enormously successful in indoctrinating…
Your daily habits are the reason you are rich, poor or stuck in the middle-class. They are the reason you live in the house of your dreams or a shack. Forty percent of all of your daily activities are habits. This means 40% of the time you’re on auto pilot, every day. Habits save the…
Have you ever looked at the AFR Rich List or reports on the richest people in the world and wondered what they were doing that you’re not? Well…they’re probably doing things very differently to you according to my good friend and best-selling author Tom Corley who conducted a five-year study of 233 wealthy people and 128 people…
Those struggling with poverty share some common traits. I call them the Poor Habits. I’ve written extensively about these Poor Habits. But, Poor Habits alone only tell part of the story. There are certain Pillars of Poverty that make poverty possible. Some are self-imposed, others external. In their order of relevance, below are the Pillars…
70% of the people you run into in life are pessimistic and only 30% are optimistic. There are a lot of ingredients that go into the self-made millionaire stew. According to my Rich Habits research, optimism happens to be one of the most important ingredients. So too is a high tolerance for risk, which is…
