One saying I used to hear growing up was that weightlifters were meatheads, meaning they were not that smart. I lifted weights throughout college, and the notion that weightlifters were dumb bothered me. I knew I wasn’t dumb and many of the people I worked out with, or met in my gym, were engineers, attorneys, dentists or studying to be. For the past year I’ve been doing research for my next book on good thinking habits. This forced me to delve into the study of the brain. One of those areas is called neurogenesis and deals with the birth of brain cells (neurons). What I found in my research caught me by complete surprise and it’s this: weightlifting actually makes you smarter. So I thought I’d share some of that research as it relates to weightlifting and neurogenesis. [Read more…]

Parents who mentor their kids by teaching them good daily success habits, set their kids up to achieve far more than 95% of their peers and go on to achieve great success in life. In my study of the daily habits of the rich and the poor (Rich Habits Study – Background on Methodology http://richhabits.net/rich-habits-study-background-on-methodology/) I uncovered certain money habit strategies that the wealthy learned from their parents as children: [Read more…]

There is never a perfect, ideal time to pursue your big goal, major purpose or life dream. In late 2008 I decided to write my book, Rich Habits. I had never written a book before. I knew nothing about the author business. Nothing. But that subconscious voice inside my head kept nudging me to write the book. In fact, one night it persistently woke me up every hour on the hour until my wife kicked me out of the bed. That did not stop the voices inside my head. In fact, they became more persistent. By the end of that night the entire outline of my book, title and all, was downloaded into my head from the great ether, the cloud, whatever you want to call it. That same day I began writing Rich Habits. I couldn’t have picked a worse time to pursue my new entrepreneurial venture; one that would become my main purpose in life. These were some of the issues I was facing in my life, at the time: [Read more…]

What do Dr. Ben Carson (Famous Neurosurgeon), Andrew Carnegie (US Steel) , Howard Shultz (Starbucks), Oprah Winfrey, George Soros (Currency Trader), Larry Ellison (Oracle CEO), Jim Carrey, Chris Gardner (Pursuit of Happiness), Charlie Chaplin, Ursula Burns (CEO Xerox), JK Rowling (Harry Potter) and many, many others like them have in common? [Read more…]

Businesses, like individuals, have habits. Most companies are not even aware of them. They go unnoticed by its leaders and company personnel. Habits are automated routines that occur without thinking. Some habits are good and some are bad. Organizational bad habits can be as infectious as the Ebola virus, spreading throughout the organization, infecting one employee after another. These organizational bad habits, when left unchecked, will eventually become a part of your company’s culture, hampering your growth. Below is a list of some of the organizational bad habits that you might not even be aware of in your company: [Read more…]

Parents are to blame for poverty in America – not Wall Street, not the 1%, not big business, not government policies – parents! Of course, there are exceptions, such as family disabilities, medical issues etc., but exceptions aside, poverty is the direct result of bad parenting. [Read more…]

In my recently released book: Rich Kids – How to Raise Our Children to be Happy and Successful in Life (http://richhabits.net/rich-habits-books/), I share hundreds of strategies, tips and tools that rich, successful people learned from their parents. It didn’t matter that their parents came from a poor or middle-class household. All that mattered was that the parents of the wealthy mentored them for success. Most parents do their best to give their kids the tools they need to survive in the real world. But what I found in my five-year study of the rich and poor was that certain parents go above and beyond, teaching specific habits that give their kids the tools that set them up to excel in life. These habits gave their kids a leg up, enabling them to outperform their peers and achieve incredible wealth and success in life. I’d like to share two of the most important Parenting Rich Habits with you: [Read more…]

In my five year study of the daily habits of the rich and poor (http://richhabits.net/rich-habits-study-background-on-methodology/) I defined rich to mean those individuals who passed a two-part test:

1. Gross Income of $160,000 or more and
2. Net Liquid Assets of $3,200,000 or more

In reality, being rich is much more complicated. There are many variables that can make one person rich and another person not rich. It’s not a simple financial test as much as it is a lifestyle test. As a result, being rich is very much a subjective matter. Nonetheless, I thought I’d provide some clarity and share with you some of the variables I uncovered from my research that definitively make you rich. If you meet all of these 12 tests, then you are a rich person: [Read more…]

In my five-year study of the daily habits of the rich and poor, I uncovered one statistic that was among the most interesting. 93% of the wealthy indicated that they liked or loved what they did for a living vs. only 4% for the poor. That made sense to me. But the statistic that opened my eyes was the statistic that applied to the cream of the crop in my wealthy group: 7% of the wealthy indicated that they loved their job. This same 7% happened to be the ones who had accumulated, by far, the most wealth. [Read more…]