“Get up at 4 in the morning and get a cold shower!” It’s classic productivity advice that I feel like I hear every day from one source or another — whether it’s on YouTube, social media, a blog, or mainstream news websites.
It seems like everyone’s on the “waking up early” train for years. They want to make you believe that the earlier you wake up, the more successful you are.
I get the idea. But the time you wake up isn’t what matters. It’s what you do during the first hour you wake up that makes the difference! …
In 2007, I worked as a mutual funds advisor at ING. I thought I was a real hotshot and also started investing with my personal money. The first stock I bought was the company I worked for at the time.
Within a year, I lost 60% of my money because of the financial crisis of 2008. When that happened, I did what most people do: I stopped investing altogether.
That’s our usual response when we experience losing money on a venture, whether it’s a failed business or a market crash: We stop and we become afraid. And that’s normal. …
The Roman Emperor and philosopher Marcus Aurelius talked about the difficulty of getting up every morning — a challenge that most people can relate to in modern day life. In Meditations, he wrote:
“At dawn, when you have trouble getting out of bed, tell yourself: “I have to go to work — as a human being. What do I have to complain of, if I’m going to do what I was born for — the things I was brought into the world to do? Or is this what I was created for? To huddle under the blankets and stay warm?”
Have you ever been on vacation, but you can’t shake the habit of checking your emails “just in case” or “just for a bit”?
Think about that day-off or weekend where you suddenly thought of work, even when you’re supposed to be enjoying a night out with friends. These moments aren’t unusual.
A study found that knowledge workers who work on their phones have a harder time disconnecting from work even when they have to.
And because many people don’t have an on-off button for their minds, their performance and mental health suffer. If that’s you, a good first step…
In the hunter-gatherer phase of humanity, we exchanged our time for food. We spent hours, sometimes days, hunting or gathering food to survive.
When the agricultural revolution started around 10,000 BC, we no longer had to hunt for food. We used the land to harvest crops, domesticate animals, and develop food right where we lived.
We started spending less time acquiring food. Fast forward to the 21st century, where we can buy food in an instant online, which gets delivered to our front door.
We rarely spend time acquiring food nowadays. …
A few years ago when social media was growing at a rapid pace, I often heard that “Blogging is dead.”
You don’t hear that very often anymore. And that’s because blogging has matured and shown it’s a sustainable business model.
The credit goes to early bloggers who continued for years without earning much. The credit also goes to platforms like WordPress, Blogger, Medium, and Substack.
Because of these platforms, and the founders behind them, millions of writers can earn a living from anywhere in the world. …
Every year, I learn about new things that make me think that our world is headed in the wrong way. Take private jets.
There are now companies that offer “affordable” private jets. I saw a news item about this recently on tv. You can split the cost of a private jet with 30 or so other people who want to go to a party destination like Ibiza in Europe. Or Las Vegas in the US.
When the reporter showed the inside of the jet, it was just like any other commercial airline jet, but smaller. …
Have you ever made a decision that you later look back on and regret? Or find yourself wondering, “Why on earth did I do that?” This happens when we’re not aware of how we make decisions.
And that’s odd because the decisions we make, or in many cases not make, shape the outcome of lives. But many of us don’t know how we make decisions.
I remember when I started my digital marketing freelancing business. I offered services like website design and copywriting, but I couldn’t get any clients. I had no idea how to start, so I did what most struggling entrepreneurs do.
I started asking people for business. When that didn’t work, I thought, “Maybe if I do a bit of free work for a few companies, maybe they’ll buy my services.” “Maybe” is not a strategy. And yet, it’s how most entrepreneurs think.
Nearly 30% of the American workforce is self-employed, and when people lost their jobs during the pandemic, more people…
The first thing I did to change my financial shape was to quit my bad money habits. At 28, I was walking around with $30K in student debt, no assets, and about $8K in savings to fall back on.
Three years after I got serious about wealth building, I was debt-free and was making six figures a year. One thing people never tell you when they talk about making money is that you can make all the money in the world, but if you’re bleeding money, you won’t get any wealthier.
Too many people are focused on getting ahead without…