Checklist Millionaires

The aviation industry was one of the first industries to institutionalize checklists as part of their industry business model.

Today, ground crews are required to complete checklists whenever a plane comes in and complete another checklist before a plane departs.

Likewise, pilots must complete multiple checklists before, during and after a flight.

Why?

Checklists institutionalize success. They reduce the risk of mistakes that can lead to failure.

Checklists are, in effect, mandatory success habits. They insure against failure and put success on autopilot.

The use of checklists also happens to be a Rich Habit.

Back in 2007, when I was wrapping up my Rich Habits Study, I was trying to forge some of the Rich Habits I discovered during the study. In order to ensure I followed my Rich Habits, I used checklists almost on a daily basis. Oftentimes, I embedded them into my To-Do List.

Here’s an example of my daily checklist:

• Ran today
• Read to learn 60 minutes today
• Wrote 1,000 words today
• Lifted weights today
• Made Happy Birthday Calls today
• Made Hello Calls today
• Returned all phone calls today
• Did not drink any alcohol today
• Ate < 1,800 calories today
• Did not curse today
• Expressed Gratitude today
• Returned all emails today

I modified my checklist for certain things, like lifting weights, which I do once every three days. I’ll just write n/a next to checklist items that aren’t applicable for that particular day. You’ll notice that most of the items on my checklist are Rich Habits I am trying to incorporate into my life. In this regard, the checklist becomes your accountability partner or reminder system to help keep you on track.

My Rich Habits checklist helped me go from 212 lbs, in July of 2007, down to 174 lbs by February 2008, thanks to the running, reduced alcohol consumption and calorie restriction.

My Rich Habits checklist reduced my blood pressure from 140 over 102 down to 118 over 78, thanks to the daily running I was doing.

My Rich Habits checklist enabled me to write 4 books, thanks to the requirement that I write 1,000 words every day. The royalties and paid speaking engagement fees that resulted from my books, are now two very important additional streams of income I didn’t have before. The vast majority (65%) of the self-made millionaires in my Rich Habits Study had three or more streams of income, so building revenue streams is important for financial success.

My Rich Habits checklist helped me to forge stronger relationships with other success-minded or successful people, thanks to the Happy Birthday Calls, Hello Calls and staying on top of my phone calls and emails.

The truth is, I no longer need to rely on these checklists. After about six months, the Rich Habits became my habits. And, once they became habits, I found myself engaging in them almost every day, without needing a checklist as for external accountability or a reminder tool.

Create your own Rich Habits checklist and devote yourself to it for six months. You’ll be pleasantly surprised at the progress you’ll make.

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