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... read more
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... read more
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... read more
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... read more
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... read more
Ditch These 5 Bad Work Habits to Immediately Improve Your Life

Ditch These 5 Bad Work Habits to Immediately Improve Your Life

When it comes to our careers, we usually focus on getting our tasks done, and if there’s time left over, we try to pick up some new positive routines. While we’re huge proponents of getting stuff done and creating good habits, this approach ignores the bad work habits that could be holding you back. Your net success is determined by what remains when your bad habits are subtracted from your good ones. By noticing the negative aspects of your day-to-day life, you’ll drastically improve it. We won’t keep you in suspense – here are some of those bad work habits you can drop today to immediately improve your life: Start having sloppy writing.  If you aren’t in a role that involves a lot of writing, this communication habit probably doesn’t seem like big deal. Harvard University research, however, says otherwise – they found that writing is one of the most important skills in any career. It can boost productivity, strengthen leadership, and even improve your chances of a promotion. Bad writing, on the other hand, results in the opposite. You can stop one of the bad work habits right in it’s tracks by devoting time to your writing. Consider double-checking your emails before sending them off, and ensuring they use clear and error-free language. If you want more concrete ways to improve you writing, check out my article on Stephen King’s expert writing tips. Stop saying ‘yes’ to everything. We’re all told that being agreeable and saying “yes” is polite and desirable, especially when dealing with a supervisor or manager. While that might be true during a dinner party, in the business world, it can... read more
The Secret To Your  Self-Motivation Lies In This Surprising Science-Backed Habit

The Secret To Your Self-Motivation Lies In This Surprising Science-Backed Habit

We can do anything we set our minds to. But sometimes it can feel like our brains are working against us when it comes to achieving our goals. Plans to learn a new skill, get in shape, or to save money and start a business, keep getting pushed back in the hopes that Future You will handle it “someday.” It’s a crippling behavioral cycle that can eat away at your self-motivation. In fact, in psychology, procrastination is classified as a form of self-sabotage. But there’s good news. While learning how to become self-motivated may feel difficult or nebulous, the potential solution is remarkably simple, according to Psychology Today and cognitive neuroscience. In their findings, a psychology professor at Harvard University, Ron Siegel, suggested that the key to following through on motivation boils down to this: bring optimism and fun back into the picture. This sounds a little hokey, right? After all, completing a term paper or your taxes isn’t exactly fun. While this habit seems anything but scientific, the neurological reasons behind it aren’t. According to the research, the reason we procrastinate on our ambitions lies in our primal psychology: “Our modern brains are still wired up for the ancient evolutionary purpose of surviving in a dangerous environment. Over a million years or so, we developed specialized neural structures that selectively tuned in to danger signals.” So when the time comes for us to create and be productive, instead of focusing on the pleasurable and rewarding aspects of obtaining our goals, our brains dwell on the anxiety and fear that comes along with doing something new or putting ourselves... read more
How to Replace Your Self-Doubt With Unshakable Confidence

How to Replace Your Self-Doubt With Unshakable Confidence

We’ve all had those paralyzing moments where our palms are sweating more than a marathon runner and our heart is hammering at a million times a minute. You’ve also probably bitten the bullet and pushed those feelings down just enough to get through a presentation or take on a terrifying new venture… only to have them pop up again next time. But what if you could tell that nagging voice in your head — the one that says “you can’t do it” or instills fear in your heart — to just shut up, right now?What if you could harness that relieved feeling after doing a presentationbefore you got on stage? Look no further than Harvard Psychology Professor and TED Talk star Amy Cuddy. She extensively studied why certain people are able to take more risks and have the confident demeanor that landed them more business deals and job offers. She found that everything from their body language to simple daily thoughts allowed them to rapidly evaporate fear in the moment and replace it with belief in their fantastic abilities. Her TED talk (which has been viewed over 30 million times) and book“Presence: Bringing Your Boldest Self to Your Biggest Challenges,” offeractionable and surprisingly easy steps to trick your brain to conquer your fears. Check out her advice on how to reprogram your brain to ditch fear and replace it with positivity and confidence: “Don’t fake it till you make it. Fake it till you become.” ― Amy Cuddy Early in her college career, Cuddy suffered a severe head injury in a car accident, and doctors said she would struggle to fully regain her... read more
5 Things You Need to Give Up to Be Happy

5 Things You Need to Give Up to Be Happy

Many of us put the pedal to the metal when it comes to seeking happiness. We seek new things and experiences to develop a positive outlook, thinking it will come “someday” – once we get that “must have” purse or land that new job. It seems counterintuitive, but your happiness is just as dependent on giving up things. Our routines are so ingrained that we fail to notice the negative parts that we can already shed. Instead of waiting, you can harness happiness and a winning attitude by giving up the negative aspects of your routine now. Take a look at these things you need to give up, and see how they impact your day-to-day attitude: Give up FOMO If you think being a successful entrepreneur means saying “yes” to every opportunity, you’re doing it wrong. The best entrepreneurs take smart, calculated risks instead of embracing every opportunity that presents itself. If the idea of passing up on these opportunities fills you with FOMO (fear of missing out), just take a tip from Sir Richard Branson. “Business opportunities are like buses,” he once said. “There’s always another one coming.” Rather than dwelling on the opportunities that pass you by, realize that there’s another one right down the road. Give up comparison “Comparison is the thief of joy,” Theodore Roosevelt once said, and he made a great point about being happy. Feeling competition from others is never beneficial. Hopefully, you’re already trying your hardest, and negative thoughts will never help you perform better. Stop waiting for praise from others I’m sorry to be the one to break this to you, but nobody will take the... read more
How to Make Lifelong Learning a Daily Habit

How to Make Lifelong Learning a Daily Habit

It’s easy to get tunnel vision in business and only focus on the tasks directly ahead of you. However, setting aside a little time to learn and hone new skills on a daily basis is key. It’ll not only allow you to survive in this changing entrepreneurial landscape but to thrive in it. Many of us still operate under the idea that, once we leave school with our diplomas in hand, there’s no need to continue mastering different areas of knowledge. However, the reality is that we no longer live in a world where learning can stay fixed for anyone in any trade. Adaptation is a currency worth its weight in gold in today’s business world, where new innovations are continuously changing the game. Being a constant learner means staying sharp, relevant in your field, and ahead of the curve. And forming these habits doesn’t have to be difficult or terribly time consuming either. There are a number of simple ways to implement lifelong learning into your day-to-day routine, no matter how busy you are: Set specific and concrete learning goals First things first, get those self-improvement ideas out of your head and out into the real world in a tangible way. Writing a list of what you want to learn can help you stick to your goals in a meaningful way. Next, create objectives that are manageable, by breaking down big picture goals into daily, monthly, and annual stepping stones. If you want to learn more about SEO techniques, for example, you could set a goal to read one blog post about your area of interest per day.... read more
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