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Rich Habits Poor Habits Episode 31 | Self-Determination vs. Predetermination

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that we adopt the beliefs of our parents, family, mentors, culture, and environment.

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 … Confused mind think thought

Believe we are in control of our life circumstances.

There is no one out there, no higher power, watching over us, guiding us.

Those in this school believe success, wealth, failure and poverty are manufactured.

We turn left or right, decide A or B, or do X or Y as a matter of free will, instinct or internal guidance.

In other words, the circumstances of our lives are dictated by our own decisions, our own behaviors and the choices that we make.

We, in effect, create our own destiny.

Those who subscribe to School of Thought #2… 

Believe we are not in control of our life circumstances. 

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Some higher power is watching over us, determining the circumstances of our lives.

Those in this school believe success, wealth, failure and poverty are outside our control.

We turn left or right, decide A or B, or do X or Y because some force of nature acts upon us, directing us in every aspect of our lives.

In other words, the circumstances of our lives are not determined by us, but by external factors we cannot possibly control.

We, in effect, are powerless over the course of our lives.

When you subscribe to School of Thought #1 you embrace the concept that you are in control of your destiny; that you have power over the course of your life.

As a result, you develop a mindset of self-reliance.

Through hard work and personal initiative you seek to create the life you desire.

You pursue lifelong self-education, take calculated risks, seek feedback from others and carefully weigh every decision you make.

You search for mentors to help you forge good habits that put you on the right path.

When you subscribe to School of Thought #2 you embrace the concept that your destiny is predetermined; that you are powerless over the course of your life.

As a result, you feel you are not in control of your life. light bulb idea leader think smart clever failure motivate thought

You are a mere victim of the luck of the draw.

Because you feel you are not in control of your life, you do very little to affect the circumstances of your life.

You float along in life like a leaf on a fall day, carried by the wind.

Which are you?

Something to think about.

YOU MAY ALSO BE INTERESTED IN VIEWING:

RICH HABITS, POOR HABITS EPISODE 30 | WILL YOUR CHILD BE RICH OR POOR? PART 2

RICH HABITS, POOR HABITS EPISODE 29 | WILL YOUR CHILD BE RICH OR POOR? PART 1

RICH HABITS POOR HABITS EPISODE 28 | WHAT IS THE VALUE OF A MENTOR?

RICH HABITS POOR HABITS EPISODE 27 | YOU SIMPLY CANNOT THINK YOUR WAY TO SUCCESS

 



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Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Rich Habits Poor Habits Episode 31 | Self-Determination vs. Predetermination' have 2 comments

  1. Avatar for Property Update

    March 11, 2017 @ 4:54 pm Maddy

    Hello,

    I’ve been reading your book and I’m liking all the content you are posting. On this topic I have to respectfully disagree. I don’t know whether you are trying to stir a part in people to react. If that’s the case then you’re on the right track. I believe people can create and control their destiny. I however do believe in a higher power watching over us. More so, I believe there is a higher power who loves us and wants us to be blessed. Not so we can have a lot of ‘things’ or money but so we can be a blessing to others. I love the tips you give and my husband and I plan to move up the pyramid and get out of the rat race. Our motives are to give back and to contribute. Our purpose is for much more then being wealthy but I don’t think we should assume our destiny is made up for us and there is nothing we can do about it.
    I do like your content I thought maybe you would like to know as a reader how I feel about your content.
    I hope you continue to be blessed and I thank you for your work in educating :)

    Reply

    • Avatar for Property Update

      March 11, 2017 @ 5:28 pm Michael Yardney

      Maddy. Thanks for taking the time to share your viewpoint and for your kind blessings

      Reply


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