Success Buddies


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Success is a team sport.

Every self-made millionaire in my study had a Success Buddy – someone who walked alongside them during their long march towards success.

But Success Buddies, real Success Buddies, do more than offer moral support, encouragement and motivation. A true Success Buddy helps you pull the cart when it becomes too hard to pull. They step in, during the tough times, to lend a hand, grab the handles and do the work that needs to be done in order for success to happen.

Success Buddies have an important role in your success:

  • Success Buddies believe in you and your mission.
  • Success Buddies have skills you don’t have, and lend you those skills when you need them most.
  • Success Buddies help you solve problems.
  • Success Buddies recruit others to solve problems, overcome obstacles and who can help you pull your cart.
  • Success Buddies know influencers who can open doors for you.
  • Success Buddies remind you about your goals and keep you focused on the destination.
  • Success Buddies calm you and help keep your emotions in check, so that you can think clearly.

It’s not easy to find a Success Buddy. Like a house, they must be built.

As I’ve often said, relationships are the currency of the wealthy. Self-made millionaires do things to forge strong, enduring and committed relationships: Hello Calls, Happy Birthday Calls, Life Event Calls, consistent networking via charities or non-profits – these are the things that build relationships. And these things take time and effort.

Success Buddies don’t just manifest out of thin air. They don’t drop in your lap. They are constructed and forged over many years.

To find your Success Buddies, you must do the work that transforms ordinary relationships into powerful ones. Eventually, that work will lead you to your Success Buddies And they will become an integral part of your success team.

Good Habits Are a Down Payment For a Better Tomorrow


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Habits take many years before their effects can be noticed.

The effects of eating too much junk food, drinking too much beer and not exercising, do not show up immediately. But, after many years, these Poor Habits have a rain barrel effect on the body. Their effects on your life fill up your rain barrel year after year, until, one day, your rain barrel overflows. Type II Diabetes, kidney problems, heart disease, etc. result.

Exercising every day, eating healthy and drinking alcohol moderately do not show up in the form of immediate good health. But, after many years, these Rich Habits help your body keep an equilibrium, ensuring that your rain barrel never overflows. Longevity and the ability to jog, bike or play tennis well into your 70’s is the byproduct of these good habits.

Good habits are a down payment for a better future – good health, financial security, strong relationships, etc.

Bad habits are a down payment for future problems – poor health, financial problems and weak or non-existent relationships.

Habits create the circumstances of your future life. That future life is built by your habits.

If you want to live the life of your dreams, you must forge specific habits today that will help create that life.

Habits are the construction crew of your life. They go to work every day to produce the future circumstances of your life. What those future circumstances are, depends on the habits you forge today.

Good habits truly are a down payment for a better tomorrow!

The Antidote to Hopelessness and Helplessness


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Those who embrace Entitlement Thinking, deep down, see themselves as hopeless and helpless victims. And because they are victims, they believe they are entitled to, or have a right to, certain things other people have.

Entitlement Thinking is a Poor Habit fed by this victim mindset. It’s a negative limiting belief fueled by a sense of helplessness and hopelessness.

Those who have an Entitlement Mindset believe in the redistribution of the wealth of others in order to level out the playing field. They ignore, however, the effort and sacrifices required in order to create that wealth. They want what they don’t have because, in their minds, they are entitled to it.

Entitlement Thinking is a slow march to poverty, mediocrity and unhappiness. It forever keeps you dependent on others.

Fortunately, there is a way out of the feeling of hopelessness and helplessness that is the cause of Entitlement Thinking. That way out is called the Rich Habits:

  • Forging a Positive Mental Outlook
  • Forging Habits That Help You Grow and Improve Your Knowledge and Skills
  • Forge Habits That Build Positivity, Confidence and Happiness (Daily Exercise, Eating Healthy, Read to Learn, Practice New Skills, Express Gratitude Every Day)
  • Eliminating Bad Habits and Do-Nothing Habits
  • Taking Action on Your Dreams
  • Creating and Pursuing the Goals Behind Your Dreams
  • Find Apostles for Your Dreams and Goals
  • Focusing Every Day on Your Dreams and Goals
  • Finding Success Mentors
  • Saving 10% or More of Your Income by Living Below Your Means
  • Daily Self-Education by Reading to Learn 30 Minutes or More Every Day
  • Developing New Skills
  • Creating a Blueprint of Your Ideal Future Life
  • Building Relationships With Other Success-Minded Individuals
  • Controlling Your Emotions
  • Doing Work That You Like or Love
  • Taking Calculated Risks Surrounding Your Dreams and Goals
  • Seeking to Add Value to the Lives of Others

Are You Spending Time On Things That Matter To You?


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Values are the things that are most important to you.

I know people whose lives revolve around their friends. Their #1 priority is their friends.

I know people whose lives revolve around exercise. They spend an enormous amount of time every week exercising.

I know people whose lives revolve around the pursuit of their dreams and their goals. In fact, I know 177 of them – my Rich Habits self-made millionaires.

You values determine how you spend your time. And how you spend your time, shapes the circumstances of your life.

If you are happy with your life, then your values are good. If you are unhappy, then you’re spending time on the wrong things. Or, put another way, you’re spending time on things that, deep down, are unimportant to you.

Happiness is value-driven. When you are doing things that are truly important to you, happiness follows. When you are doing things that are not important to you, unhappiness follows.

If you are unhappy with your life, you must focus your actions and behaviors on the things that are most important to you. Those things that are most important to you, are your values.

In order to determine your values, however, you must have a come to Jesus meeting with yourself. You must be honest with yourself in order to unearth what’s important to you. To define your values, ask yourself this one question – what matters most to me?.

Once you define what’s most important to you, you will then know where you should be spending your time.

When you act in accordance with your values, happiness follows. So, your values are your own personally constructed guidance system, leading you to a life of health, wealth and happiness.

What Do You See in the Mirror?


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The mirror tells all.

If you’re able to pay your bills and save money, the refection is of someone living below their means and building their future wealth.

If you’re eating nutritious food and exercising consistently, the reflection is of someone who is fit and healthy.

If you’re pursuing your dreams and your goals, the reflection is of someone who loves what they do for a living.

It’s hard to look in the mirror, however, when you know you are not doing the things you should be doing.

If you’re overweight, the reflection is of someone eating too much and exercising too little.

If you’re struggling financially, the reflection is of someone spending too much and saving too little.

If you hate your job, the reflection is of someone who has put their ladder on someone else’s wall, and who is still climbing the wrong wall.

If your reflection in the mirror is a negative one, I want you to indulge me.

Imagine for a moment that you are a writer who has been tasked to write a chapter about the ideal you, ten years into the future. What would the chapter say?

Hopefully, it would paint a picture with words of your amazing future life. It would include information about how fit and healthy you were. It would, in detail, describe your amazing home, the fascinating places you’ve traveled to over the past ten years, the fun and exciting things you’ve done on your many vacations, the passion you have for what you do for a living that has helped you create your enormous wealth. It would share details about a life, dreams are made of.

The purpose of this exercise is to create a blueprint of the life you were intended to live. It will help provide clarity in the form of a future desired destination. This blueprint will become your GPS, directing you to forge good habits and make better decisions, forever changing the trajectory of your life.

With this clear vision of the life you desire, your blueprint will change the reflection you see, the next time you look in the mirror.

Mentors Are a Shortcut to Riches


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24% of the wealthy in my Rich Habits Study had a success mentor. Of this 24% however, 93% attributed their wealth to the fact that they had a success mentor.

The average saver/investor in my study accumulated $3.3 million over a period of thirty-two years. The average wealth of the rich in my study who were mentored, however, was $4.6 million, which they accumulated over eighteen years.

So, mentors not only shortcut the accumulation of wealth, they dramatically increase how much wealth you accumulate.

Success Mentors teach you what to do and what not to do. They steer you in the right direction, helping you avoid mistakes and obstacles. They offer valuable feedback, so that you can improve your skills. They share their wisdom and experience, helping you solve problems.

How and where do you find mentors?

  • Work – The easiest way is to find someone at work, who is outstanding at what they do, and regularly pick their brain and experience.
  • Networking Group – Networking groups are a great way to meet new people both within and without your field of expertise. Over time, your relationships will grow stronger and you will be able to identify outstanding individuals who can act as your mentor.
  • Local Non-Profits – Volunteering at coal  community-based non-profits or civic organizations will introduce you to individuals who can become your mentors in life. Many wealthy, successful individuals sit on the boards of these non-profit organizations or work in the various committees that every non-profit has. In these nonprofits you will find that outstanding individual who can act as your mentor.
  • Trade Groups – Trade groups or trade organizations are another source for mentors. Getting involved in these trade groups will expose you to many individuals who are leaders in their industry. They have industry-specific wisdom and experience.
  • Books – You can find mentors in books. Biographies of successful people share the life stories of these successful people. They also sure the pitfalls and obstacles they had to overcome. This not only helps you identify the potential obstacles and pitfalls you’ll face, but also the solutions to them.

Money Increases Happiness by 67%


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Has your hot water heater ever broken down? Has the roof of your home ever leaked? Have you ever had a major car problem? Do you have kids that go to college and the tuition must be paid before you send them off to school?

When you face one of these common problems, what’s your initial reaction? If you’re like most, thee problems create what we call stress. And stress makes you unhappy.

When you are poor or struggling financially, these problems and the unhappiness they create can linger for days, weeks or even months. Because you lack the money to immediately solve the problem, you must either borrow the money to fix the problem, apply some band aid solution which makes the problem go away temporarily or live with the consequences of not solving the problem.

Rich or poor, everyone faces common problems.

I spent the past 12 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with:

  1. Health Problems
  2. Financial Problems
  3. Family Problems
  4. Neighbor Problems
  5. Home Repair Problems
  6. Car Problems
  7. Addiction Problems
  8. Job Problems
  9. Relationship Problems
  10. Death or Disability Problems
  11. Time Management Problems
  12. Weather Problems

These are all common, modern day problems almost everyone, rich or poor faces. And these problems create unhappiness for everyone. The big difference between the rich and the poor, is that the rich are able to easily overcome and eliminate most of these problems and thus, eliminate the unhappiness these problems create.

When I analyzed my study data, I discovered that, out of all of these modern day problems, the rich really only struggle with four of these problem areas:

  1. Family Problems
  2. Health Problems
  3. Time Management Problems and
  4. Weather Problems.

If you do the math, that’s only 33% of life’s problems that the wealthy have to contend with. Or, looking at it another way – being rich eliminates 67% of life’s major problems. Being rich, therefore, eliminates 67% of life’s unhappiness.

Let’s delve into this in a little more detail.  [Read more…]

Pay Attention To What You Pay Attention To


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One of the hallmarks of self-made millionaires is their ability to intentionally focus their attention. They pay attention to things that help move them forward toward the realization of their dreams and the goals behind their dreams.

This is why creating a blueprint of your ideal, future life is so important. Your blueprint will help you reveal the dreams the goals that will transform those dreams into reality.

When you have a blueprint of the life you desire, this creates clarity of vision and this vision acts like a magnet, drawing your attention and focus to the things in your environment that will help manifest all that you desire.

When you lack a clear vision, anything and everything distracts you – TV, porn, Facebook, Instagram, the Kardashians, sports gambling, texting, email, gossip, partying, Twitter, or any external environmental influence.

When you lack clarity of vision, you become like leaves on a fall day, floating around aimlessly, carried by the wind from one place to the next. Never knowing where you will end up.

That’s most of the population. Only a small fraction of the population has created a blueprint of their lives and spends most of their time working on the dreams and goals that will transform that blueprint into reality.

And that is also why so few control so much wealth.

Focus your attention on what matters – your dreams and goals. When you do, your highly evolved, powerful subconscious mind (limbic system and brain stem) will attract everything you need in order to transform the vision of the life you desire, into reality.

Get focused. Define your future life. If you don’t, others who have a blueprint, will.

Results Take Time


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“Insanity is doing the same thing over and over again, but expecting different results.”

This quote has been credited to Albert Einstein, the world’s most famous genius.

Some of the feedback I’ve received over the years considered this statement a direct challenge to the application of habits in the pursuit of success, since habits represent doing the same thing over and over again and don’t create immediate results.

So, let me address that.

If a habit produces results you do not want, which usually means results that set you back, then of course you must change the habit. But if the habit produces no immediate results, that doesn’t mean you are caught up inside the definition of insanity.

The fact is, results take time. Success, takes time. The average Saver/Investor in my Rich Habits Study took thirty-two years to become wealthy. The average Virtuoso in my study took twenty years to become wealthy. And the average Dreamer in my study took twelve years to become wealthy.

The journey towards success is a slow slog, and often feels like you’re pushing a boulder up a never ending hill. This long, slow slog, if you do not have proven habits that produce success, can create doubts and cause you to begin questioning yourself.

Am I doing the right things?

Should I be doing something different?

Am I waisting my time?

The true value of my Rich Habits Study, my ultimate legacy to those who desire wealth, health and happiness, is that the Rich Habits removes all doubt. I’ve taken the guesswork out of finding habits that produce wealth health and happiness (aka, a successful life). Success no longer has to be a trial and error process.

The Rich Habits are proven behavioral processes that create wealth, health and happiness. The results will follow. But, as I’ve said, results take time.

Thoughts Are Seeds


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Mediocrity keeps you employed. Excellence gets you promoted.

Mediocre employees are among the first to be terminated or exited from organizations.

If you’re a small business owner, mediocrity keeps customers, clients or patients hanging on by a thread. They will leave for a competitor offering a cheaper price, better service or when something goes wrong.

Excellence, however, transforms employees into senior executives and transforms customers, clients or patients into ardent long-term patrons who are happy to make referrals to their family and friends, helping you to grow your business and your wealth.

Mediocrity and Excellence are habits of thought.

Those who forge the Rich Thinking habit of Excellence, seek to exceed the expectations of themselves and others. They provide added value to the lives of those they serve. This Excellence habit translates into higher income or profits, which produces wealth.

Mediocrity, or the desire to do the bare minimum, is also a habitual way of thinking – a Poor Thinking habit. Those who forge the Poor Thinking habit of Mediocrity, do the bare minimum to keep their job or keep their customers. This Mediocrity habit keeps you stuck in a rut, struggling financially all your life.

Thoughts are seeds. As those seeds sprout, they create good or bad circumstances, depending on the types of seeds (thoughts) you decide to plant.

You are the farmer. You plant the seeds. Which seeds are you planting?