What Not To Do


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Understanding failure is more important than understanding success. If you want to succeed in life you must learn what not to do. There are two ways to learn what not to do when pursuing a dream or something you are passionate about:


  1. The Easy Way – Find a success mentor and learn from their mistakes and failures.
  2. The Hard Way – Taking action and learning through the school of hard knocks what works and what doesn’t work. This is the hard way because it often costs you time and money to learn what not to do. It is also an emotional roller coaster ride. Negative emotions, when things go wrong and positive emotions, when things go right. The Hard Way requires an enormous amount of persistence and patience.


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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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  1. I just read your article about “poverty habits,” and I’d like to point out a couple of flaws in your reasoning: 1. Many of these “habits” are the result of poverty. For example, poor people are more likely to watch TV or use the internet because they cannot afford to go out to movies, theater, restaurants, or other expensive locations. They have to enjoy that which they can afford. Likewise, if a family is eating on a tight budget, they must rely on calorie dense foods high in fats and sugars, and that leads to obesity. 2. Your last two “habits” have to do with beliefs. I would suggest that the beliefs attributed to the wealthy are delusional. It is random good luck to be born to a family that can afford to send their children to the best schools and camps, pay all of the child’s college tuition, and then give them the down payment on a first house. While they may “believe they are responsible for their financial condition,” in fact it was that random good luck of birth that set them up to become wealthy.
    Attitudes like yours do not help families to rise out of poverty, they simply justify a system that perpetuates poverty.

    • Dr. Ben Carson, and 31% of the self-made millionaires in my study who rose from poverty, would disagree with you. Negativity, closed-mindedness and a victim mindset, I have learned, are oftentimes intractable.

  2. Steve Allen says:

    Great material. I am sharing this with my family. My six children will benefit from the discussion.
    Best Regards!


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