What is the Secret to Success?

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As a result of my five year study of the habits of self-made millionaires I am often asked by the media what is the secret to success. If I were to boil down all of the data I’ve accumulated on the reasons for success I would have to boil it down to this:

The secret to success is:

The Persistent, Long-Term Focus on Something You are Intensely Passionate About.

Long-Term Focus – The ability to concentrate single-mindedly on one thing for however long it takes for you to become uncommonly expert in that one thing. In my research, I found this long-term period to be an average of twelve years. Twelve years devoted to becoming the best at what you do in one particular thing.

Passion – What makes it possible to focus for a long period of time is Passion. Passion = something you love doing and will continue to do until the day you die. Passion = activities you cannot stop engaging in and cannot stop thinking about. Eventually, these activities become habits.

There is a world of difference between willpower-based activities and passion-based activities. Willpower-based activities requires Forced Focus. This is a type of short-term focus that taxes the brain and uses a lot of brain fuel (glucose and oxygen). The brain becomes an involuntary partner and fights you when it perceives you are using too much brain fuel. And the brain always wins that battle.

Passion-based activities, on the other hand, utilizes something I call Unforced Focus. Unforced Focus enables you to engage in activities for longer periods of time. This unique type of focus eventually transforms passion-based activities into habitual activities. Think about a time when you found some activity you were really passionate about. Didn’t you want to engage in that activity every minute of every day? Eventually, you became so good at that activity that you could perform it in your sleep. It became a habit.

Tapping into Unforced Focus fast tracks habit formation and enables you to become an expert in your passion-based activity. Your brain wants you to engage in passion-based activities to save brain fuel and it will fight you when you engage in willpower-based activities because those activities expend too much brain fuel.

If you engage in passion-based activities, your brain becomes a voluntary partner and rewards you with this supernatural Unforced Focus. Unforced Focus leads to habit formation. Through habitual repetition, you eventually become an expert. And that leads to success.

What Should I Know?

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Knowledge and learning are the foundation and springboard for success. It’s impossible to know everything, to be a know-it-all. Therefore, you must focus your study on specific areas that will create the greatest return for the time you invest in your learning. Let’s touch on these key areas:

  1. Learn everything about your job and the industry you are in.
  2. Learn everything about the things you are passionate about in life.
  3. Learn everything about the people who are important in your life.
  4. Learn everything about significant current events.
  5. Learn at least one new fact every day.
  6. Learn at least one new word every day.
  7. Learn about one novel thing every month, something outside your comfort zone, that will challenge your thinking.

Process learning every day. Spend at least 30 minutes a day devoted to learning. Learning causes you to grow. Growth is a prerequisite for success in life.

What’s Your 4 Minute Mile?

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Tom Corley boats - crop

On May 6, 1954, Roger Bannister became the first person to run a mile in under 4 minutes. Most thought it was impossible. Roger didn’t. It became his obsession. He literally thought of nothing else. He had limited training time, due to his medical studies, but according to Bannister, when he wasn’t studying he was thinking non-stop about breaking the 4 minute mile.

Successful people all have one thing in common – some huge goal that occupies their thinking to the point of becoming an obsession. Obsession is the key to unlocking your unlimited potential. What’s your 4 minute mile?

 

 

Tip o’ the Morning to Ya – Power of Persistence

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Rich Habits Word of the Day

Tenacious – Persistence, never give up. Tom was tenacious in his desire to go to graduate school and eventually realized his goal.

Rich Habits Fact of the Day

Battle of Britain – The longest aerial campaign ever. The Royal Air Force relentlessly defended Britain against the German Luftwaffe. After 4 months of this relenting defense the Germans decided not to invade Britain and shifted their sights to Russia, thus ending the Battle of Britain and changing the outcome of the war.

Rich Habits Lesson of the Day

62% of the wealthy are focused on their goals every day. 80% are focused on achieving at least one goal. 55% of the wealthy in my study spent a year or more working toward some goal. Persistence is sustained effort toward a goal or your Chief Aim in life. Most people lack persistence and it is the reason most are not wealthy. A lack of persistence is the main cause of failure in life. Wealthy people have this Rich Habit of Persistence. They simply never give up. They are obsessed with their goal or Chief Aim in life and will not stop until they achieve their goal or realize their Chief Aim in life.

Tip o’ the Morning to Ya – The Importance of Focus

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Word of the Day

Sedulous – Diligent. Her sedulous attention to her goals is why she is so successful in life.

Rich Habits Fact of the Day

George Brett as the first major league baseball player to win a batting title in three different decades (1976, 1980 and 1990). Brett was known for his intense focus.

Rich Habits Lesson of the Day

Focus does not just happen. It is the byproduct of an intense passion that is created the moment you identify your chief aim in life. When you find your main purpose in life, your chief aim, you are filled with an intense passion and this passion gives you the ability to focus on achieving your chief aim in life. You know you are focused when you think about your chief aim in life every waking moment. When your chief aim in life becomes your obsession you cannot fail to realize the goals that you create in order to realize your chief aim in life. Focus allows you to overcome all of the roadblocks that life puts in your way. Focus allows you to become better, create new abilities, skills and facilitates the manifestation of the creative solutions that will overcome all obstacles that are between your old reality and your future reality.

About Tom Corley

Tom Corley is a #1 Amazon Bestselling Author. Corley understands the difference between being rich and poor… At age 9 his family went from being multi-millionaires to poor in just one night.

Tom spent five years studying the daily activities of 233 wealthy people and 128 people living in poverty. Tom discovered there are vast differences in the daily habits of the two groups. During his research he identified 149 daily activities that separated the “haves” from the “have nots.The culmination of his research can be found in his #1 Bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals (www.RichHabits.net).Tom is a CPA, CFP and holds a Master’s Degree in Taxation and is President of Cerefice and Company, CPAs as well as the CEO of The Rich Habits Institute, an organization dedicated to Rich Habits training and rich Habits education learning sessions.

Tom has shared his insights on The Dave Ramsey Show, Marketplace Money, WABC, WCCO, KOA, KDKA, KKOB and more than 1,000 other radio stations in the U.S., Canada and Australia, a host of print media publications and many TV shows including Yahoo Finance’s Financially Fit with award winning host Farnoosh Torabi(Today Show, Kelly and Michael, The View).   

Tom’s number is 732-382-3800 Ext 103.  Email: TOM@RICHHABITS.NET  Media Kit: http://richhabits.net/rich-habits-buzz-media-kit/

Tip o’ the Morning to Ya – Choose To Try, Become An Unstoppable Force

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[ Source: FitnessCheerleader.com ]

Rich Habits Word of the Day

Indomitable – Cannot be defeated.

Rich Habits Fact of the Day

Australia is the only country that is also a continent.


Rich Habits Lesson of the Day

Rich Habits Time Management:

One of the strategies the wealthy use to accomplish more with less time is the use of the 80/20 Rule. The wealthy identify the top tasks they perform every week that are responsible for 80% of their revenues, income, or value to their organization. They then focus on these tasks full-time and delegate the remaining support tasks to others.

Tip o’ the Morning to Ya – Aim For True Happiness And Accomplishment

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Rich Habits Word of the Day

Convivial – Happy, cheerful.

Rich Habits Fact of the Day

An individual blood cell takes about 60 seconds to make a complete circuit of the body.


Rich Habits Lesson of the Day

Passion and Your Chief Aim in Life:

You know you have found your Chief Aim in life when you are unable to stop yourself from engaging in the activity that is your Chief Aim. You become obsessed about your Chief Aim and pursue it with all of the available free time you have. Your passion for achieving your Chief Aim in life is so strong that it overwhelms you. When you find your passion for something, you know you have found your Chief Aim in life. It may be writing a book, a song, painting a picture or starting a new business. Passion is the byproduct of doing something creative as your Chief Aim in life. When we are creative, passion flows into every fiber of our being. Human beings are creative by nature. We are happiest when we are passionately pursuing something creative and this creative activity is our Chief Aim in life.

Tip o’ the Morning to Ya – Focus, Persist, and Be Patient

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Rich Habits Word of the Day

Implacable – Relentless, never give up, Tom Corley.

Rich Habits Fact of the Day

Disney World in Orlando, Florida covers 30,500 acres (46 square miles), making it twice the size of the island of Manhattan, New York.


Rich Habits Lesson of the Day

Focus, Persistence & Patience:

“Focus, persistence and patience are what separate the successful from the failures.” Donald Trump in his book Why We Want You to be Rich.

Applying the Rich Habits every day forces you to be focused, persistent and patient. It makes a daily habit out of the three things that are the foundational traits of the successful.

Tip o’ the Morning to Ya – Shifting Time Investments from Junk [Reality TV] To Quality

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Rich Habits Word of the Day 

Flummery – False praise. 


Rich Habits Fact of the Day
 

The number of people on Noah’s Ark was 8. Noah and his wife, his three sons and their three wives. 


Rich Habits Lesson of the Day

67% of the wealthy watch less than 1 hour of TV a day. 77% of the poor watch more than 1 hour of TV each day. When the poor do watch TV, 78% watch reality shows. Only 6% of the wealthy watch reality TV.