Rich Habits Poor Habits Episode 22 | What Does it Take to be Successful Part 2

Is success just a matter of luck?
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Despite most people thinking that successful people just got lucky – the reality is it take much more than that.

Rich successful people have developed certain habits and beliefs that have guided them through their.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that your beliefs dictate your circumstances in life.

The wealthy adopt certain beliefs that promote success.

In this week’s video we discuss 10 habits that successful people posses

These include:

  1. All success requires an optimistic, positive mental outlook
  2. All success requires the development of processes that work
  3. All success requires adding value to the lives of others
  4. All success requires creating a herd of followers
  5. All success requires stepping outside your comfort zone
  6. All success requires laser-like focus
  7. All success requires developing unique skills and the acquisition of knowledge specific to your industry
  8. All success requires creating the opportunity for luck to occur
  9. All success requires the ability to pivot around obstacles, pitfalls, mistakes and failures
  10. All success requires the ability to survive until you thrive

You can catch up with past episodes of this weekly webcast here Rich Habit, Poor Habits – Tom Corley & Michael Yardney

You may also be interested in viewing:

RICH HABITS POOR HABITS EPISODE 21 | WHAT DOES IT TAKE TO BE SUCCESSFUL PART 1

RICH HABITS POOR HABITS EPISODE 20 | NO IS A RICH HABIT

RICH HABITS POOR HABITS EPISODE 19 | IS BEING RICH OR POOR A CHOICE?

RICH HABITS POOR HABITS EPISODE 18 | FEARLESS HABITS OF ENTREPRENEURS

 

 

 

 

Rich Habits Poor Habits Episode 21 | What Does it Take to be Successful Part 1

What does it really take to be successful? success risk wealth

Despite most people thinking that successful people just got lucky – the reality is it take much more than that.

Rich successful people have developed certain habits and beliefs that have guided them through their.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that your beliefs dictate your circumstances in life.

The wealthy adopt certain beliefs that promote success.

In this week’s video we discuss 10 habits that successful people posses

These include:

  1. All success requires passion
  2. All success requires unrelenting persistence
  3. All success requires taking risks
  4. All success requires action
  5. All success requires hard work
  6. All success requires a team of apostles who believe in you and your dream
  7. All success requires continuous daily self-education
  8. All success requires a leap of faith
  9. All success requires patience
  10. All success requires good daily habits

You can catch up with past episodes of this weekly webcast here Rich Habit, Poor Habits – Tom Corley & Michael Yardney

You may also be interested in viewing:

RICH HABITS POOR HABITS EPISODE 20 | NO IS A RICH HABIT

RICH HABITS POOR HABITS EPISODE 19 | IS BEING RICH OR POOR A CHOICE?

RICH HABITS POOR HABITS EPISODE 18 | FEARLESS HABITS OF ENTREPRENEURS

RICH HABITS POOR HABITS EPISODE 17 | POOR BELIEFS PART 2

 

 

 

 

Will Your Child be Rich or Poor? 15 Poverty Habits Parents Teach Their Children

Tom Corley boats - cropWhen I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life I always begin my presentation by asking three questions:

“How many want to be financially successful in life?”

“How many think they will be financially successful in life?”

Almost every time I ask the first two questions every hand rises in the air. Then I ask the magic third question: [Read more…]

Bright Shiny Object Syndrome

 

Tom Corley boats - cropOne characteristic of self-made millionaires is their ability to focus on one thing for a very long period of time. It may be five years, ten years or twenty years. That’s a long time. It requires a long time to succeed.

Unfortunately, for most, when something does not immediately pay off, they move on to the next bright shiny object. These Bright Shiny Object Syndrome sufferers never experience success because they lack dedication.

Just the other day I saw Facebook posts of two people I know who suffer from Bright Shiny Object Syndrome. They must be on to their fourth or fifth next big thing. They were very enthusiastic about their new venture. But I know in a year or two they will have lost all interest and moved on to the next big thing. That makes me sad.

Success requires grit, determination, devotion and a significant amount of time to overcome failures, mistakes and the obstacles, all of which lead to growth. Bright Shiny Object Syndrome victims never grow enough to learn what to do and what not to do. They quit and move on when the next bright shiny object catches their eye.

If you are struggling in realizing success in your life, let me ask you this: have you stuck to pursuing success on one specific thing for more than five years? If not, that is probably why you are not achieving success in life. Most individuals shift their focus to something else when things get hard. Unsuccessful people perpetually chase the next big thing because the thing they were previously pursuing did not immediately pay off, was too hard or was just taking far longer than they expected.

Success can take a long time. Those who succeed are relentless. They devote themselves to something and stick with it for a long time. How long? Until they succeed. Never quit. Never give up on your dream. Stop chasing every new idea that comes along and stick to one thing until you achieve success or die trying. Persistence is a trademark found in all self-made millionaires.

Frugal Spending Habits of Millionaires

Tom Corley boats - crop

I’ve been studying the daily habits of the rich and poor since 2004. I’ve gathered an enormous amount of data on both groups and this data has been reported on by the media in 25 countries around the world.

The habits of the rich are not exactly what you might think. In my books, Rich Habits, Rich Kids, Change Your Habits Change Your Life and Rich Habits Poor Habits, I share many of the more shocking rich people habits. One of the categories I found to be eye opening was their spending habits. Below is a small sampling from my books of some of the unusual spending habits of the rich: [Read more…]

Strategies to Cut Back Your Bills

4 Tips To Shrink Your Monthly Payments

BRIEFCASE OF CASH

Short of earning a raise at work, the only way to suddenly sprout some spare cash is by reducing the amount you’re spending. Many sources advise people in their 20s and 30s to save about 20% of their income, and that percentage grows higher as retirement age grows nearer.

Chances are, if you’re looking to budget, you’ve already cut out luxuries like cable TV or a housekeeping service and have put the kibosh on frequent shopping trips. To free up even more cash to bolster your savings account, try these tips to trim back your more necessary bills. [Read more…]

Please Vote For Me

Tom Corley boats - crop

I am the President of The Ashley Lauren Foundation, an organization devoted to helping families survive financially when one of their children is diagnosed with cancer. It’s a volunteer position (meaning I don’t get paid) for a cause I truly believe in. They asked me to compete in a dance competition on February 25th to raise money so they can help more families. I am a terrible dancer and have no shot at winning based on my dancing skills. The only way I will win is if I am able to get more pre-event votes than the other three dancers, so I’m reaching out to you to cast a vote for yours truly.

Here is a little snippet of one of my dance practice sessions. I am dancing to the song Ice Ice Baby.

Unlike national organizations that fund research, the Ashley Lauren Foundation is a small, local New Jersey based 501(c)3 non-profit, working “hands-on” with each family.  The goal of The Ashley Lauren Foundation is to ease the journey when pediatric cancer is diagnosed by providing Direct Financial Assistance, which is their hallmark. We pay for household bills,  mortgages, car payments, medications not paid through medical insurance, traveling expenses to and from hospitals, funeral expenses, food, clothing and other household items. We also have family liaisons whose mission is to help families and their children through this harrowing process. Once a child with cancer is connected with The Ashley Lauren Foundation, the Foundation works side by side with them throughout their entire battle making their lives easier.

In order to win, I must receive the most votes. I NEED YOUR VOTES! There is no limit to the amount of votes you can buy!!  Online voting ends midnight on 2/22/17.

Go to this link http://ashleylaurenfoundation.org/ButterflyBall/dancers/  and start voting for me.

Start voting now because I WANT TO WIN but most importantly, the more money we raise, the more families we can help.

You can also cheer me on by attending the Butterfly Ball as I compete to win.  Thanks so much!!!!  

 

 

 

Rich Habits Poor Habits Episode 20 | No is a Rich Habit

Time is our most valuable resource and it is a valuable resource that is given to us for free. no

Because it is free we tend to not value our time until it starts to run out.

Time becomes a valuable resource at around age 50.

This is when we realize time is running out.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered the habit of learning to say NO

Rich people, specifically self-made rich people, made a habit of saying NO to certain individuals.

In this week’s video we discuss Rich people, specifically self-made rich people, made a habit of saying NO to certain individuals.

These include:

  • Down & Out – Those who are reluctant to ask for help but truly need your help and
  • Users – Those who are continuously looking for a handout but never reciprocate and
  • Reciprocators – Those who look for opportunities to help first or repay the debt.

The Down and Out are individuals who have experienced random bad luck in life.

These are individuals who would otherwise never ask for help.

Life circumstances forced their hand.

Users are individuals who are self-centered and focused only on their needs.

They don’t value your time.

Their lives are usually a mess and they forged this nasty habit of continuously seeking favors from others.

What makes them toxic is that they never reciprocate and pay off the debt of your services.

They are like locusts and should be avoided at all costs.

Reciprocators are individuals who seek your help but, unlike the users, they value your time and feel compelled to reciprocate your kindness. mind

It’s often difficult to initially separate the Users from the Reciprocators.

This is the fool me once shame on you, fool me twice shame on me scenario.

Users will seek out your help, never reciprocate and then come back to the well over and over again until you say NO.

When you say NO, they discard you like yesterday’s trash and move on.

When you make a habit of saying NO, except to those truly in need, that is a Rich Habit, users will disappear in your life.

You can catch up with past episodes of this weekly webcast here Rich Habit, Poor Habits – Tom Corley & Michael Yardney

YOU MAY ALSO BE INTERESTED IN VIEWING:

RICH HABITS POOR HABITS EPISODE 19 | IS BEING RICH OR POOR A CHOICE?

RICH HABITS POOR HABITS EPISODE 18 | FEARLESS HABITS OF ENTREPRENEURS

RICH HABITS POOR HABITS EPISODE 17 | POOR BELIEFS PART 2

RICH HABITS POOR HABITS EPISODE 16 | POOR BELIEFS PART 1

 

 

 

 

Rich Habits Poor Habits Episode 19 | Is Being Rich or Poor a Choice?

There has been a long standing question surrounding the choice of being rich or poor.  

The question, however, should really be – who is responsible for your life?key

It is often easy to blame others for your circumstances, but that is what makes the rich different – they are the pilot of their life.

In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that your beliefs dictate your circumstances in life.

Those who are wealthy have different beliefs than those who are poor or stuck in the middle class.

We adopt the beliefs our parent, family, mentors, culture, and environment.

Most who were raised in poverty inherited limiting beliefs that hold them back in life.

Those who are able to rise from poverty and become wealthy found mentors who possessed success beliefs or employed certain strategies that enabled them to remove their limiting beliefs and implant success beliefs, effectively re-programming their entire belief system.

In this week’s video we discuss key choices that everyone has:

These include:

  1. Being the pilot of your own life
  2. Taking responsibility for your choices
  3. Understanding circumstances won’t change until you do
  4. Creating your own luck
  5. Take action to find opportunity

You can catch up with past episodes of this weekly webcast here Rich Habit, Poor Habits – Tom Corley & Michael Yardney

You may also be interested in viewing:

RICH HABITS POOR HABITS EPISODE 18 | FEARLESS HABITS OF ENTREPRENEURS

RICH HABITS POOR HABITS EPISODE 17 | POOR BELIEFS PART 2

RICH HABITS POOR HABITS EPISODE 16 | POOR BELIEFS PART 1

RICH HABITS POOR HABITS EPISODE 15 | RICH BELIEFS PART 8

 

 

 

 

True Wealth is About Much More Than Money

Tom Corley boats - crop

When most think of wealth, they think about money. The thinking goes, the more money you have, the wealthier you are. But wealth is about much more than money. True wealth is measured by how much freedom that money buys and how much fulfillment you have in your life. Money can buy you freedom, permitting you to do things, and go places, others cannot go. Or money can imprison you. Like a ball and chain, money can anchor you to a business or profession filled with responsibilities, obligations, deadlines and stress.

So, when you measure true wealth, you must take into consideration what type of life you have. In my two latest books, Change Your Habits Change Your Life and Rich Habits Poor Habits, I do just that. Below is a snapshot of a few of the things that truly make you wealthy: [Read more…]