Tim Redmond (Business Consultant) and Clay Clark (COO of Thrive15.com) discuss intentionally creating habits in this transcript on Thrive15.com, one of the top business schools in PA.
Clay: All right, Tim we were talking about step number 18, intentionally creating habits. According to a statistic here on the richhabits.net, it says 84% of wealthy people believe that good habits create opportunity luck versus 4% of the poor people. You can basically create your own luck and opportunities by creating good habits. Benjamin Franklin he says that Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.
Tim: That's brilliant. That's amazing.
Clay: Walk me through this real quick. I think that what we are seeing here is that no matter ... I grew up poor. You grew up without a ton of cash right, but our habits can determine our trajectory of where we go talk about how that happens.
Tim: Yeah. You create results and those results reward you. Cash and money [is a result 00:01:05]. No cash and no money is also result. How are you being rewarded? Your results and what your produce will attract the like kinds of rewards.
Clay: How do you keep yourself from becoming a victim where you say, Yeah I have a habit of this? I have a habit of that. I just have the habit of sleeping in. I have the habit of smoking. I have the habit of drinking.
Tim: You will always, there will never be an opportunity that you don't have some reason or an excuse you could give. You will always have some excuse and people because they are so readily available and our mind produces them, that's like cancer against your progress. That's cancer against you becoming wealthy, is you making excuses, you are giving reasons. You are not giving reasons you know what that does for you? It makes you sound reasonable but it does not move you forward. The idea here is we've got to demand that we produce results and those results that we produce are based on the habits we have incorporated.
Clay: Charles Dickens, the bestselling author of the Tale of Two Cities and Christmas Carol he says I never, repeat never could have done without the habits of punctuality, order and diligence, without the determination to concentrate myself on one subject at a time. Let me try that again.
Tim: That's amazing.
Clay: I never could have done what I have done without the habits of punctuality, order, and diligence without the determination to concentrate myself on one subject at a time. Aristotle, you ever heard Aristotle, the famous Greek philosopher? He says Good habits formed at youth make all the difference. Point is, if you are watching this and you have some bad habits because we are not monkeys and because we are not canines, we can actually create our own habits.
You can do it. I've done it. I've created good habits and bad habits and I'm always trying to exchange a bad habit with a good habit. All of us are constantly in motion in that area. We need to improve upon this. Now the final step we want to share with you, the final step ...
Thrive15.com, one of the top business schools in PA, will help you establish good habits.
Tim: Can I say one thing?
Clay: Yeah go for it. Yeah.
Tim: On the habits, we are going to get overwhelmed with all the list of all the bad habits. My recommendation for you is to replace one bad habit with one good habit. Don't work on five or eight or three or even two. Work on one habit, that one focus point and when you knock down that one domino it seems like that so many other things will start to happen in your life in a good way. Focus on the one bad habit and what you are going to replace it to see yourself take little actions towards that one habit and it will make a world of difference.
Clay: Focus on the one habit. You heard it here. Focus on that one habit.