The Act of Knowledge

tip-o-the-morning

Tom Corley boats - crop

One of the many habits of the self-made millionaires in my study was daily learning. Some of the millionaires learned by doing and others learned by reading and then applied that knowledge to their job, business, or in some side revenue stream they were investing their time and money in and trying to grow. The key here is putting knowledge to use. Knowledge without action is eventually forgotten and of little use. Many of those millionaires engaged in certain extracurricular activities that helped them maintain or grow their knowledge. Some of those activities included: teaching, writing (articles, blogs, books, etc.), speaking engagements, webinars, seminars, podcasts, etc.  Teaching others knowledge that you have helps commit that knowledge to working memory, making you more effective and making access to that knowledge more efficient. When you know more than your competition, you add value to yourself. This translates into more clients, customers, promotions and ultimately more money. Increasing your working knowledge sets you apart from your competition. Clients, customers and employers don’t fire the best. They do everything to retain them.

 

 

Become a Disruptor

tip-o-the-morning

Tom Corley boats - crop

All self-made millionaires have one thing in common – they are all disruptors. They disrupt their industry, disrupt the status quo and disrupt society. They cause individuals to alter their behavior and thinking.

Disruptors change the way each industry does business. They are all around you:

  • Donald Trump is disrupting the political establishment.
  • Elon Musk is disrupting three industries (rocket, automobile and solar energy).
  • Steve Jobs also disrupted three industries (computer, music and the movie industry).
  • Jeff Bezos is another disrupting numerous industries (traditional book publishing industry, book seller industry and the retail industry).

Most self-made millionaire disruptors fly below the radar and you’ve probably never heard of them. But they are out there disrupting their industry locally. I know a few of them intimately thanks to my research on the daily habits of the rich.

If you want to change your life financially, become a disruptor. Disruptors pursue some big dream as their main purpose in life. They change the world we live in for the better and make millions when they succeed. Who and what are you disrupting? Find a worthwhile dream to pursue that will disrupt a local industry and pursue it as your main purpose in life. It takes time to succeed but when you do, it will change your life and those around you for the better.

 

 

Focus Forward – Hitha Palepu on Making Travel Easier for Everyone

World traveler, pharmaceutical business developer and packing consultant, Hitha Palepu who writes “Hitha On The Go” joins Tom Corley on Focus Forward. Hitha has a wealth of knowledge on how to maximize flight benefits, travel programs and enjoy your trips more. As owner of Portavi Company, Hitha helps clients pack for their trips. If you’re “on the go,” you won’t want to miss this show.