The Most Common Cause of Regret

tip-o-the-morning

Tom Corley boats - crop

Unrealized potential is the most common cause of regret. Not living up to your potential is a sin against humanity. When you look at all of the great successes in life, they all have one thing in common – they lived up to their potential as human beings: Elon Musk, Steve Jobs, Warren Buffet, Andrew Carnegie, Michael Jordan, Michelangelo, Einstein, Galileo, Stephen King, John Maxwell, Tony Robbins, Dr. Ben Carson, Arnold Swarzenegger, Leonardo da Vinci. The list goes on. These individuals went all out in life. They pushed the limits of their potential and the world rewarded them. They believed they had unlimited potential and that nothing could stand in their way. The ones who are no longer with us died without any regrets. They tried. They gave it their all.

Don’t let life pass you by without exploring your potential. We are all gifted with unlimited potential. It is up to us to explore the limits of our potential. If we don’t, we live a life filled with regret.

The Words You Use Affect the Way Others Perceive You

tip-o-the-morning

Tom Corley boats - crop

I remember my first job in NYC. I was 21 and interning for Bankers Trust right across from World Trade Center Building #1. I was finished with my work day and headed down the two story long series of escalators which delivered all of us down to street level. There were four of these escalators, two that went down and two that went up. While on one of these down escalators I ease dropped on a conversation two bankers were having in front of me. To this day I have no idea what they were talking about. But what I do remember was how impressed I was. They used words like Michelangelo used clay or paints. It bothered me that I did not understand the words they were using.

That summer I decided I was going to learn ten new words a day. So I pulled out the dictionary, took out a binder, some paper and a pencil and began writing down words I didn’t know. I did this every day for about two months. As summer came to a close, I was now the proud owner of 500 new words. And I started to use these words, weaving them into conversation. I remember playing pool in the rathskeller back at college. There was a very pretty girl in the group. She knew some of the guys I regularly played pool with. We were all discussing Poland, which was in the news. They were going through a revolution there. I remember sharing my opinion with the group about this revolution. I test drove some of the new words I learned over the summer.

About an hour later, as I was walking out the rathskeller, the pretty girl accompanied me up the stairs. She never did this before. I confess, my heart was beating like a rabbit. She said to me, “I didn’t realize you were so smart.” We became fast friends after that and had many more conversations. We came very close to dating but I never had the ask a girl out on a date confidence to ask her out. I’m of Irish decent and, at the time, I was working on my eighth year of puberty. I still looked like a man child and felt ugly and very awkward back then.

I kept that word binder, but confess that I lapsed in my devotion to learning new words. When I was finishing up my study on the daily habits of the rich and poor in 2008, I discovered that one of the Rich Habits the millionaires all seemed to have was a daily devotion to learning and self-improvement. So I found my old word binder, dusted it off and renewed my study of words. It has helped me enormously in communicating my research in the books and articles I’ve written as well as in the numerous media interviews I’ve had.

The words we use every day create perceptions. They are like magnets, drawing to us all sorts of people. Rich people had figured that out long before they became rich. The more words you know, the better your ability to communicate what you know. Words create perceptions. If you want to create the perception that you are smart, you must increase your knowledge of words and use them in conversation. Learning new words helps you grow as an individual. They increase your confidence. They transform you.

Start your word binder today. Devote just fifteen minutes a day to increasing your vocabulary. Add five new words a day to your arsenal. People will take notice. Words will elevate you and draw the right people into your inner circle.

Delayed Gratification vs. Immediate Gratification

tip-o-the-morning

Tom Corley boats - crop

It’s so easy to do the easy. It’s so hard to do the hard. The other night I came home from work, hungry, tired and in need of some R&R. Dinner was waiting for me on the counter. There was a cold beer in the refrigerator just screaming out at me. I went upstairs, took off my work clothes and then I saw my sneakers staring at me. Before any of the demon voices in my head started talking, I took my sneakers, put on my shorts and headed downstairs to my basement. I got on my stair master and for the next 40 minutes I sweat. When I was done I walked into the kitchen, heated up my dinner and cracked an ice cold beer. That dinner tasted so good. That beer, so cold and delicious. As I ate and drank, I felt happy.

It’s so easy to give in to temptation. But sacrificing, by delaying gratification until something important gets done first, makes the thing you delayed gratification on infinitely more rewarding. Our lives are the byproduct of our behavior and the choices we make. When we choose the easy, life’s immediate pleasures lose their flavor. When we choose the hard, life’s eventual pleasures are heightened.

Always choose the hard. Hard and Happiness share more in common than a few letters. They are life’s yin and yang.

 

You Are Under My Control

tip-o-the-morning

Tom Corley boats - crop

I hate to tell you this, but your life is not under your control. Your behavior, your thinking, the choices and decisions you make, what you spend your money on, what you eat and drink, who you associate with, the T.V. shows you watch, the Internet sites you visit and so much more. Your life as you know it, if you’re like most, is one big zombie life.

We are all being bombarded, every day, with outside influences:  T.V ads, Internet pop ups, tweets, text messages, newspapers, the books you read and the habits you’ve adopted all influence your behavior and thinking. And there is only one way to regain control of your life.

AWARENESS. If you want to take control of your life it starts with AWARENESS. You must become aware of those things that are influencing your thinking and behavior. Here’s a process to help you do just that. Take out 7 pieces of paper. On each piece of paper write the following heading:

  • Sheet #1 – My Daily Habits
  • Sheet #2 – T.V. Shows I Watched
  • Sheet #3 – Internet Sites I Visited
  • Sheet #4 – Tweets/Social Media Messages I Read
  • Sheet #5 – Topics I Read
  • Sheet #6 – Topics of Conversation I Had With Others
  • Sheet #7 – Ads I Viewed

On each separate sheet of paper make 7 columns, one for each day of the week. Now the fun begins. Every day write down and track each of your habits, T.V. Shows, Internet Sites, Tweets/Social Media Messages, Reading Topics, Conversation Topics and Ads Viewed. You can customize your headings on each sheet or add sheets to include other categories you feel are having an outside influence on your behavior and thinking (i.e. radio, movies, podcasts, webinars, talking on the cell phone, etc.). The purpose of this exercise is to identify those things that are influencing your behavior and thinking.

By the end of the week you will have a comprehensive list of most of the things that influence your behavior and thinking. Once you know what is influencing you, only then can you take control of your life by identifying and then eliminating those things that are having a negative influence on your behavior. Put a Negative sign “-” next to each item that you believe is negatively influencing your behavior and thinking. Change is only possible with AWARENESS. Once you become aware of those things that are negatively influencing your behavior and thinking, you can eliminate them from your daily life.

 

Why You Must Surround Yourself With Other Successful People

tip-o-the-morning

Tom Corley boats - crop

If you want to succeed in life, you absolutely must surround yourself with other successful people.

  • Successful people are successful  because they have expert knowledge and skills in very specific niches. Unsuccessful people lack expertise in any one niche.
  • Successful people surround themselves with other success-minded people who are also experts in their field. They have developed strong relationships with those successful people, whom they can tap at a moments notice. Unsuccessful people have relationships with unsuccessful or average people who also lack expertise.
  • Successful people know how to get things done in a cost-effective and expeditious way. Because they lack expertise or the ability to tap into other experts, unsuccessful people tend to complicate things, which ends up costing you time and money.
  • Successful people immediately add value to your life or to your business through their expertise or contacts. Unsuccessful people immediately add complications and problems to your life or your business.

Stay away from unsuccessful people. They cannot help you become successful in life. How do you know when someone is unsuccessful without looking at their bank statement? Unsuccessful people are easy to find if you know what to look for:

  • They have a glaring character flaw I call Bright Shiny Object Syndrome. This is the Poverty Habit of shifting gears from one obsession to another, year after year. They claim to be many things, having an expertise in multiple areas, which is virtually impossible for them because they never stick to one thing for very long.  As a result of this lack of long-term commitment, this absence of persistence, they lack expertise in any one particular area.
  • They are struggling financially because they don’t make enough money in their self-proclaimed field of expertise.

Seek out only successful people who have devoted themselves to unique niches for many years. Ten years or more, focused in one area or in one discipline, is a good benchmark. Never engage anyone for any initiative that is important to you without obtaining at least 5 references from individuals who used their services within the past twelve months. Make sure none of those references are family members. And make sure you ask the references specific questions whose responses will raise red flags, such as:

  • How much more money did they help you make?
  • How much more product or services did they help you sell?
  • Did you get the sense that they were struggling financially with their business while you were working with them?
  • Are you aware of any clients or customers who suddenly terminated their relationship with them?

Successful people will fast track your success, reduce costs, free up your valuable time and open doors to opportunities for you to make more money. They shorten the time you have to push that ball up the hill and make the effort less arduous. They help clear the brush away from your path towards success.

 

Who Are You Attracting Into Your Life?

tip-o-the-morning

Tom Corley boats - crop

Birds of a feather flock together. We’ve all heard this saying many times before. In my study on the daily habits of the rich and poor one common thread among the rich was their desire to associate with other success-minded people and one of the traits of the poor was their desire to associate with those who were also struggling financially. It seemed to me that the poor subscribed to the misery loves company crowd because of this birds of a feather inclination people seem to have.

What I found interesting in my study was the fact that 177 of the rich were self-made. Thirty one percent of these 177 came from poor households and 45% came from middle-class backgrounds. Yet somewhere along the line these two groups decided to defy this birds of a feather inclination. They decided to associate with individuals outside their natural comfort zone – successful people. Why? They knew something everyone else didn’t: you attract specific people into your life by mimicking those people:

  • To attract successful people, you must be success-minded.
  • To attract positive people, you must be positive.
  • To attract visionaries, you must be a visionary.
  • To attract persistent people, you must be persistent.
  • To attract enthusiastic people, you must be enthusiastic.
  • To attract kind people, you must be kind.
  • To attract disciplined people, you must be disciplined.
  • To attract gifted people, you must be gifted.
  • To attract compassionate people, you must be compassionate.
  • To attract loyal people, you must be loyal.
  • To attract dedicated people, you must be dedicated.

When you adopt certain thinking traits you will attract like-minded people and you will repel unlike-minded people.

I have been pursuing success these past seven years and I can tell you that many people have joined my Rich Habits movement. And many of these same people jumped off that bandwagon. Why? Because they did not share the traits of persistence, vision, dedication and enthusiasm that I had adopted along the way. Unknowingly, my newly adopted traits eventually repelled those who lacked the same traits – those who would drag me down, distract me and hold me back.

If you want to succeed in life, you need to adopt those traits that will attract success-minded people. The byproduct is the creation of a team of like-minded, success oriented people. So let me ask you, who are you attracting into your life? If you’re not happy with who is in your life, you need to work on you first. Once you adopt the traits of success-minded people, you will find yourself attracting other success-minded people and repelling those who would drag your down and hold you back.

Whose Wall is Your Ladder On?

tip-o-the-morning

Tom Corley boats - crop

Most of us are very good followers. We do as we are told. We become accustomed doing as we are told. This habit forms early in life. Our parents, for our own good, make us do things we don’t want to do: wake up early for school, eat broccoli, do homework, house chores, etc. Doing what we are told is conditioned into us from the very beginning.

But then we become adults. Physiologically, this metamorphosis begins at about the age of fourteen and continues until about age eighteen. Some parents who recognize this transformation, slowly begin handing over decision-making for our lives to us. They encourage us to take individual responsibility. They let us make mistakes and experience some of life’s harsh realities and stand ready to offer advice and direction when things go wrong.

Unfortunately, parents like this are in the minority. Most continue to exert control over the lives of their children well into their twenties, preventing them from becoming independent thinkers and doers. They are sometimes referred to as helicopter parents. We pursue goals and dreams of our parents and not our own goals and dreams. We put our ladder on our parents’ wall and climb that ladder our entire lives. At some point, we realize we are unhappy doing what we are doing and become despondent or depressed about the work we do. This unhappiness usually begins to manifest in our mid to late thirties, when we have children of our own. We get stuck between a rock and a hard place because we believe we must continue to climb our ladder up our parents’  wall in order to provide for our family.

How do you break free? How can you take your ladder off that wall and move it? You need to take action on your goals and dreams. Devote small blocks of time every day in the pursuit of your own individual goals and dreams, either early in the morning, late at night or on the weekends. It is possible to climb your own wall if you devote the little amount of time you have every day, day in and day out. In the beginning it takes discipline. But once you get going your passion will take over and energize you. Eventually, this investment will get you higher up your ladder and closer to the top of your wall. You will begin to feel happy and enthusiastic as you climb your own wall.

Don’t wallow in self pity because you do not like what you do for a living. Take action. Put your ladder on your wall and start climbing it every day. Take action today.

Born Genius

tip-o-the-morning

Tom Corley boats - crop

We are all born geniuses. Each of us is gifted with unlimited potential to grow and express our genius. Unfortunately, along the way, we accumulate limited, negative beliefs that act like brakes, stopping us from activating our individual genius. The good news is that it is never too late to unleash your genius. Our brains have the capacity to grow well into our eighties. So how do you unleash your genius?

  • Pursue something outside of work that you are passionate about. Start today.
  • Engage in some creative hobby or extracurricular activity 15-30 minutes today.
  • Read to learn for just 15-30 minutes today.
  • Practice optimism by looking for one thing to be grateful about in your life today.
  • Praise one person today for something positive or good they did today.
  • Read something inspirational today.
  • Journal only about positive things that happened in your life each day.
  • Set and achieve one small goal today.
  • Learn one new fact today.
  • Learn one new word today.

Your brain expands when you engage in positive growth activities. Making small daily self improvements helps unleash your genius. Today is as good a time to unleash your genius.

 

The Right WHY Makes Dreams and Goals Achievable

tip-o-the-morning

Tom Corley boats - crop

I became an entrepreneur so that I could become a multi-millionaire.

Why do you want to become a multi-millionaire?

Becoming a multi-millionaire means I never have to worry about money.

Why does having more money mean less worry?

Because having money means I never have to worry about paying my bills and paying off my mortgage?

Why do you want to have enough money so you don’t have to worry about paying your bills and paying off your mortgage?

Because becoming a multi-millionaire means I won’t have to constantly work and make money to pay my bills and pay off my mortgage.

Why is less work important to you?

Because if I don’t have to work as much I can spend more time with my family.

Why do you want to spend more time with your family?

Because I am happiest when I am with my family.

Your ultimate true WHY puts all of your dreams and goals within reach. You must know WHY you want something. Your WHY must have powerful emotions behind it: happiness for you or your family, to get healthy, to leave your mark on life (legacy), to help improves the lives of the poor, children, battered women, the addicted, the homeless, society, to teach something profound, etc. If your core WHY does not get you emotionally charged and infuse you with passion, then you will eventually stop pursuing your dreams and goals. Willpower alone can only get you so far. Passion is behind every successful person. It is the fuel for success. The right WHY turns on the passion switch.

Release the Past

tip-o-the-morning

Tom Corley boats - crop

When we focus on our past mistakes, misfortunes and failures we anchor ourselves to victim thinking. We tie our current circumstances to our past. Successful people release their past by taking individual responsibility for their mistakes, misfortunes and failures. Then they pick themselves up and move on. If you focus on the past you are never going to be able to change your future. You need to release the past. The only thing that matters is what you do today to move your forward in life. The past is a prison cell that will hold you captive. The key to opening that prison cell is to focus on the future.