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Rich Habits Poor Habits Video | Self-Determination vs. Predetermination which is right - featured image
By Michael Yardney
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Rich Habits Poor Habits Video | Self-Determination vs. Predetermination which is right

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

Rich Habits Episode 31| Self-Determination vs. Predetermination

Those who subscribe to School of Thought #1 ...

Believe we are in control of our life circumstances.

There is no one out there, no higher power, watching over us, guiding us. mind-puzzle-personality-trick-game-learn-view-build-lesson

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.

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

About Michael Yardney Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
2 comments

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 tr ...Read full version

1 reply

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