It has nothing to do with your IQ, your father’s connections, going to fancy Ivy League schools or luck (but all of those help 😁).
It won’t be easy.
You’ll have to do budgets while others watch Monday football.
But, eventually it will all fall into place with strong annual income, high saving rates & disciplines spending.
Eventually you’ll accumulate a meaningful portfolio of income-producing, cash flowing, quality assets.
Wake up a bit earlier. Drink 500mL of water.
Hit the gym or at least hit 100 push ups & 200 squats. Body ✔️.
Afterwards meditate & let all the previous days or weeks negativity flow through you. Mind ✔️.
At first, force yourself to eat at least one healthy meal a day.
Write it down, tick it off. Use a phone app & start tracking healthy habits.
Slowly, build & progress, until you only have one cheat day per week.
Choose to walk instead of ubering it.
Choose to take the stairs instead of a lift.
Choose to drink water (often) instead of soft drinks.
Over years, these all add up!
Productivity increases if you’re waking up early.
Going to sleep early (10PM) is more beneficial to your health.
Mix these two simple, yet powerful healthy habits, and it will be a life changing outcome!
Instead, it could be about limiting distractions (habit) like social media, video games, emails, putting your phone on flight mode, etc.
I’m convinced lower phone screen times = more productive & success.
I’ve met many wealthy people over the years & I’ve noticed, as many of you probably have as well, that while their finance was A-game — the rest of their life was usually in disarray.
The greatest husbands aren’t hustlers who work 7 days a week, but miss all the important time with their kids only to attempt to buy their affection with money.
It won’t happen in a month or two. Probably not even in a year or two.
But it will happen!
I always used to like staying up late.
In my 20s, expat living in Asia & being a trader meant very late nights.
Last few years I’m in bed by 10:30pm & rising early 85% to 90% of the time.
Wouldn’t ever want to go back.
My builders and architects thinks I’m crazy. But I refuse to take the lift. It’s healthy exercise.
Cities like London, Paris, Prague, Shanghai, HK I’ll just walk from a meeting to a meeting.
I’ll clock over 20,000 steps a day at times.
Even though I’ve reached savings rates as high as 90%, there isn’t a weekend that passes by where I don’t track my spending.
For me, the mechanism to get there is discipline. I think @jockowillink hit the nail on the head when he said:
“Discipline equals freedom.”