7 Mental Habits That Will Make You Wealthy

7 Mental Habits That Will Make You Wealthy

More than anything, your thoughts determine your success. This is also a truism when it comes to your wealth. Everything from your daily spending decisions to how you invest relies on your decision-making. Ultra-successful individuals understand the importance of mental habits, and utilize them day in and day out to ensure consistent success and wealth creation. Here are some of those mental habits you can utilize today: Be Grateful  A big misconception about wealthy people is that their constant pursuit of more wealth also makes them constantly unhappy with what they currently have. In fact, rather than being unhappy with their car as soon as the latest model comes out, wealthy people do the exact opposite. Don’t believe me? Studies have found that people who are grateful have 10% higher incomes. Part of this has to do with viewing luxury differently and not correlating higher income with more spending. But there are also a slew of priceless benefits that come from gratitude, such as better relationships with others and improved health (according to Harvard research). Although you should always be reaching higher and higher, you should never forget or take your past successes for granted. You can start this today by using proven methods to increase your gratitude, such as keeping a gratitude journal or merely reflecting for a few minutes. Look at the Long-term Game As Warren Buffett once wisely said, “Someone is sitting in the shade today because someone planted a tree a long time ago.” A large portion of wealth-building involves looking at the long-term results and consequences of your decisions, while filtering out the short-term noise. For instance, instead of looking at the short-term appeal...
5 Remarkably Simple Ways to Boost Your Motivation at Work

5 Remarkably Simple Ways to Boost Your Motivation at Work

Sometimes, if you’ve been at your job or position for a while – or are just plain overworked – your inspiration and motivation at work can start running on empty. However, even if you want a new job (or better yet, plan to start a business), it doesn’t mean you have to dislike your current one. Although we’re huge fans of setting new career and business goals, we’re also proponents of having a positive outlook in the present. In order to reach for new heights, you can’t let your present situation drag you down. Thankfully, with some shifts in perspective and tweaks to your routine, you can squeeze some meaning out of your current workday. Try one or two of these tips on for starters, and see how they can help you find motivation at work: Think like a child We’re certainly not advocating for temper tantrums at work; we’re referring to the wide-eyed, fresh perspective that children have. Children are endlessly fascinated, and they bring questioning and curiosity into every situation. If you think back to it, you probably weren’t so different during your first few weeks in the office – everything was new, and you looked at every process with fresh eyes. You can bring back that refreshing outlook today by looking for improvements everywhere at your job. For instance, if there’s a blogging system your team has been using for years, perhaps there’s now a better mousetrap you can utilize. Science says this perspective brings about increased creativity and innovation, and it might be just the kick-start you need to find inspiration and motivation at work. Bring about new opportunities You can’t...
Learn These 7 Tough Skills to Dramatically Improve Your Entire Life

Learn These 7 Tough Skills to Dramatically Improve Your Entire Life

We often focus only on learning skills that are directly pertinent to our jobs during the busy workweek. Wealthy and successful people, on the other hand, never stop reaching for new heights and learning new skills, even if a teacher or boss isn’t telling them to. The ultra-successful know that there are some other skills outside of their job description that can also immensely improve their wealth and their life. Well after they graduate, they’re still constant learners. Start off by implementing one or two of these skills into your daily routine, and you’ll start to notice a massive difference in your success: Thinking of your time as money As Jim Rohn once said, “Either you run the day, or the day runs you.” Time is one of our few non-renewable resources — we only have a finite amount of it every day. Without learning to manage your time, you let urgent tasks and other people control how you spend your life. You don’t have to turn into a Debbie Downer, but viewing your time as money is increasingly vital as we try to fit more and more into our daily lives. With everyone clamoring to achieve the ever-evasive “work-life balance,” it’s more important than ever to learn when it’s better to delegate a task rather than do it yourself. By doing this, you won’t only stay sane, but you’ll see your wealth pile up in the process. So don’t waste your time on administrative tasks when you could be on the phone making sales calls. You’ll earn more and enjoy the ride more by sticking to what you’re best at. Scheduling your energy With social media screaming...
5 Smart Networking Tricks You Need to Use

5 Smart Networking Tricks You Need to Use

Studies show that the majority of jobs are found through networking. Even if you’re not looking for a job, the reality is that success often requires forging meaningful connections and partnerships beyond your close circle. We know, we know – networking is easier said than done sometimes, especially if you’re not the most social person. Thankfully, there are some brilliant networking tricks that can make this increasingly-necessary skill painless for anyone. Without further ado, here are some of those networking tricks. Start using them today, and you’ll be amazed at how far they take you: Show up early Showing up to a crowded event and seamlessly merging into a group of people deep in conversation is intimidating for just about anyone. That’s why Wendy Gelberg, author of The Successful Introvert: How to Enhance Your Job Search and Advance Your Career, recommends showing up early as a seamless way to connect with others. That way, you’ll meet the few early stragglers who will be eager to come up to you and network. By the time the party really gets started, you’ll be the center of the conversation! Act like you want to talk Often, our default reaction when we have no one to talk to at an event is to bury our noses deep in our iPhones and pretend we’re busy. The Wall Street Journal says that’s completely wrong because it makes you appear uninviting and unapproachable. Instead, you should simply act like you want to talk to people. Have inviting body language, and smile instead of squinting at your Twitter. Even if no one talks to you, they’ll be happy to strike up a conversation...
How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

If you’re having an off day, living through a disaster, or facing something in between, take comfort in the fact that some of the greatest have had it worse, and then bounced back to become more even more successful. Learning from your own setbacks is extremely important, but there are powerful lessons to be learned when you examine what worked (or didn’t work) for other entrepreneurs. Without further ado, here are some of the best and the brightest, the setbacks they encountered, and the methods they used to turn lemons into entrepreneurial lemonade. Michael Bloomberg Michael Bloomberg is a business magnate, three-time mayor of New York City and a highly successful entrepreneur, but it wasn’t always that way. In his younger days, he suffered a huge setback when he was laid off from Salomon Brothers. Instead of letting the layoff get the best of him, Bloomberg said, “In business, when you fail at something, when something doesn’t work, you say okay, we’ve learned that that’s not a path to go down.” He turned the Salomon Brothers “failure” into a business success lesson. He used all of the financial knowledge from that job to start Market Master, which eventually became Bloomberg LP. Bloomberg became the seventh richest man in the world as a result. You can follow a similar path. Did a project go wrong? Learn from those mistakes to make your next project a great one. Fired from your job? Use the experience to get a better one. No matter what setback you suffer, it’s not a failure if you learn something from it. JK Rowling Before becoming richer...