Starting is easy. Everyone who sets out to create something is enthusiastic at the beginning. But as you get deeper into the project, that enthusiasm fades. And eventually, you’re left sitting in the dark shadow of the mountain you now have to climb. Enthusiasm will fuel your beginning. But it’s endurance that will get you to the end.
Read MoreTo fully understand the most powerful forces in life, you have to experience them. Compound interest is just a buzzword until you watch it happen. Iteration is just an idea until you turn something that started out badly into your greatest work yet. It’s the same with commitment. Until you commit to something with your entire being, you won’t understand how the world moves for you. It moves to help you. Because the universe rewards courage.
Read MoreOne aspect of wealth creation often overlooked is that the longer you live, the richer you’ll be. This is because of compound interest, where the greatest gains come at the end of the compounding period. That’s why it’s important to make your physical and mental health a priority. The longer you can stay sharp and productive, the richer you’ll be.
Read MoreThe only thing that’s holding you back from building the life you want is the story you tell yourself. Our minds are runaway story generators, and most of these stories are self-limiting. The stories you tell yourself create your reality. If you are telling yourself a self-limiting story, you are limiting what your life can look like. You have to take them back.
Read MoreYou are not a job description printed in a box. And if you want to build wealth, you have to take advantage of all the aspects of your personality - your passion, your skillset, your personal well-being, your sense of humor - and transform those into a brand that is irreplaceable.
Read MoreTo build the life you want, you have to do things you've never done before. The habits that got you here are not going to get you where you want to go. You have to push further. And there's a simple heuristic you can use to know if you are on the right track: you'll feel uncomfortable.
Read MoreThe difference between success and failure is consistency. Because consistency is what leads to compounding: slow, incremental, constant progress. And with compounding, small gains compound on each other to create massive change over time. This is what Charlie Munger and Warren Buffett used to build their fortunes. It’s what professional athletes and artists use to become elite. It’s what you can use to achieve anything you want.
Read MoreThose who signal their “wealth” are rarely wealthy. This is because they are playing a different game than wealth accumulation. They are playing status games - which are exhausting and expensive. Meanwhile, true wealth accumulators avoid status games and buy productive assets instead. Play wealth accumulation games, not status games.
Read MoreWarren Buffett learned five important lessons about business before he ever made his first deal - lessons that can help you navigate your own future. If you’re wondering what gave Warren Buffett his edge, these key insights might provide some answers.
Read MoreSteve Jobs has some advice for you. The late Jobs is the mind behind the iPhone, a device that has changed how we interact with information and each other. And his genius can be mapped to an observation he has about the world we live in. Let’s break down his greatest insight.
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