Archives for January 2014

Rich Habits Word of the Day

Zeal – Determination. Tom had a zeal for pursuing his passion in life in the early morning hours.

Rich Habits Fact of the Day

23 Successful People Who Wake Up Really Early http://www.businessinsider.com/successful-early-risers-2012-1?op=1

Rich Habits Lesson of the Day

Successful people wake up 3 hours or more before they “start” their work day. 44% of the wealthy in my study woke up 3 hours before they actually started their work day. What do they rich do during those 3 hours?

• They spend that time reading for self-improvement, education or for their career a minimum of 30 minutes a day
• They exercise 20-30 minutes each day. Aerobic exercise is the exercise of choice for the rich
• They study for night school
• They write: books, articles, newsletters, blogs
• They meditate about 15 minutes a day
• They prepare for speaking engagements
• They prepare their “to-do” list
• They work
• They engage in some side-business
• They pursue their “major purpose” in life
• They network (breakfast meetings typically)

The common threads are self-improvement or “expanding their means”.

Rich Habits Word of the Day

Propensity – Inclination, habit.  Tom had a propensity for depression and used his Daily Mind Routine to keep him happy and positive.

Rich Habits Fact of the Day

Winston Churchill, Prime Minister of Great Britain was one of the “Big Three” (Churchill, Roosevelt and Stalin) to lead the world in its defeat of Hitler in WWII. He told in his own writings of suffering from “black dog,” Churchill’s term for severe and serious depression.

Rich Habits Lesson of the Day

Success is a process. It doesn’t just happen. One of the Rich Thinking exercises that I developed from my research I call the Daily Mind Routine. Here’s the overview:

1. Meditate for fifteen minutes first thing upon waking up
2. Read Affirmations
3. Read Gratitude List
4. Say “I Love You” with emotion, for those I love
5. Future Mirror readings
6. Review Vision Board
7. Meditate for fifteen minutes right before sleep

For a more detail about the Daily Mind Routine visit www.richhabits.net

Rich Habits Word of the Day

Swashbuckler – Bragger.  Tom learned from his research of wealthy people that they disliked swashbucklers who constantly dropped names of famous people they allegedly knew.

Rich Habits Fact of the Day

Chuck Feeney, co-founder of Duty Free Shoppers Group

A Depression-era veteran with a strict personal motto: “I set out to work hard, not get rich.” The co-founder of Duty Free Shoppers has donated more than $4 billion to disadvantaged children and public health initiatives, all while going to great lengths to remain an anonymous donor. “He has no ego . . . He always chooses the second-cheapest wine from the wine list,” according to his biographer, former Irish Times journalist Conor O’Clery. “When we traveled together he was always dressed like a down-at-heel American tourist.”

Rich Habits Lesson of the Day

Successful people let their work and others do the bragging for them. Bragging sends the signal to other important, successful people that you are not important and are very insecure. Name dropping is a common element to this Poverty Habit. The only name dropping successful people care anything about is the name dropping done by others on their behalf. If you want to really impress people let others brag about you. Focus on being the best you can be, follow your passion in life, maintain good daily habits and success will follow. Others will notice and begin dropping your name. You won’t have to.

Rich Habits Word of the Day

Trepidation – fear. Tom’s trepidation in writing Rich Habits ended the minute he began to type.

Rich Habits Fact of the Day

Bruce Willis came to fame in the late 1980s and has since retained a career as both a Hollywood leading man and a supporting actor. Being the leading actor in some of the greatest action movies Bruce Willis has had stuttering problems throughout his youth and was always scared it would affect his acting career. Fortunately he conquered his fear of stuttering and is now a household name.

Rich Habits Lesson of the Day

Fear is a Poverty Emotion. Everyone experiences fear but those who give into fear allow negative emotions to control their behavior. Any change, even positive changes like marriage or a promotion, can prompt feelings of fear. Wealthy people have conditioned their minds to overcome fear, while poor people give in to fear and allow it to hold them back in life. Those who confront fear are able to take control of their emotions and their lives. Conquering fear is about leaning in just a little until you build up confidence. Then you take it to the next level, whatever that is. You overcome fear by climbing the ladder one rung at a time, by taking baby steps. Overcoming fear is a habit that gives you the confidence to take on challenges that help you evolve as a human being. The biggest change agents in life, the ones who change the world by risking failure and defeat, are those who have made conquering fear a Rich Habit.

Rich Habits Word of the Day

Moderation – Constraint, balance. Tom, faced with 13 inches of snow, was determined to shovel until he was done but then remembered the Moderation Rich Habit and decided not to over do it.

Rich Habits Fact of the Day

The Great Blizzard of 1888 – More than 400 people in the Northeast died during the Great Blizzard, the worst death toll in United States history for a winter storm. On March 11 and March 12 in 1888, this devastating nor’easter dumped 40 to 50 inches (100 to 127 cm) of snow in Connecticut, Massachusetts, New Jersey and New York. Huge snowdrifts buried houses and trains, and 200 ships sank in waves whipped up by fierce winds.

Rich Habit Lesson of the Day

With the northeastern portion of the U.S. blanketed in a foot or more of snow I thought it appropriate to reinforce Rich Habit #6: I Will Live Each and Every Day in a State of Moderation. Successful people moderate things in their lives: eating, working, exercising, drinking, smoking, their emotions, shoveling snow. Take it easy out there today as you dig your way out of the snow on this very cold morning. Stick to the one hour rule: shovel for an hour and then rest and warm yourself. Then repeat until done. It could save you from injury.

Rich Habits Word of the Day

Facet – Characteristic. Tom uncovered three facets of all successful people in his Rich Habits study.

Rich Habits Fact of the Day

As Tim Cook, Jobs personally-chosen successor at Apple, has said: “There is no one better at turning off the noise that is going on around him….That allows him to focus on a few things and say no to many things. Few people are really good at that.”

Rich Habit Lesson of the Day

There are three traits that all successful people share:

1. Focus
2. Persistence and
3. Patience

For most wealthy, successful people, these three traits are triggered when they find their main purpose in life, aka Chief Aim in Life. For more on finding your main purpose in life read here: http://richhabits.net/dads-advice-to-his-children-on-finding-a-purpose-in-life-and-on-being-happy/