The Map to a Rich &

High Quality Life

 Wheel of life

- Fun & Recreation

- Career
- Health
- Personal Development
- Friends & Family
- Environment
- Finance
- Romance/Significant Other
 Fun & Recreation
Active Hobbies - Yoga
- Skiing - Reading
- Flying - Charity
- Golf - Antique collecting
- Car racing - Art collecting
- Sailing - Running
- Polo - Mountain climbing
- Dancing - Travelling
- Hot air ballooning - Fashion/Style
- Skydiving - Cultural events/centres
- Scuba diving Rich people engage less in passive hobbies such as
- Tennis watching TV, napping, resting, doing nothing etc.
 Career
Become a virtuoso (expert in your
field)
- Read purposefully – expand
knowledge in specific field
- Purposeful practice – practice
specific techniques in various
ways in order to master technique
- Purposeful fact study – Limit the
studying of facts to a specific area
until all facts are known
Own businesses in:
- Business consultancy
- Education and training services
- Agribusinesses
- Eco-friendly businesses
- Mobile restaurant/food delivery
- eCommerce website
- Youtuber/Instagram celebrity
- Franchise ownership
Career Cont.
 Health
- Lower income = less money to - Rich people continuously invest in
spend on doctors, medicine or
their health because they know
healthy food
how important it is
- Income related stress increases
- The richer you are, the more
risk of heart disease, stroke,
willing you are to give up money
cancer and diabetes
to gain years of life
- Affluent areas have good grocery
- Tobacco & drug use is very
stores, safe housing,
uncommon among the ultra
opportunities to exercise, clean air
wealthy
and better schools

High income = access to high quality Rich people understand health is

health resources more important than wealth
 Health Cont.
How the rich invest in their health (ranked
highest to lowest)
1. Running 8. Biking

2. Yoga 9. Working out (unspecified)

3. Racquet sports 10. Doing aerobics

4. Golf 11. Water sports

5. Using cardiovascular equipment 12. Weight lifting

6. Hiking 13. Dancing

7. Skiing
 Personal Development
- Rich people: - Are positive
- Read to up-skill - Don’t follow the herd
- Exercise - Practice good etiquette
- Have successful social circles - Dedicate 15-30 minutes a day to
- Volunteer (5+ hours p/m) just thinking
- Practice ‘dream setting’ – define - Seek feedback
your future life in 500-1000 words - Are resilient
- Pursue own goals - Keep their goals in sight
- Sleep at least 7 hours a night - Know what needs to be done
- Get up early today
- Have multiple income sources - Don’t watch TV
- Find and check in with mentors - Listen to audio books
 Personal Development Cont.
- Do more than their job requires
- Don’t buy lotto tickets
- Don’t spend time on social media
- Are conscious of their
calories/macros
- Floss every day
- Keep regular contact with their
power relationships
- Try new things to find new
passions
- Take calculated risks
- They save money
- They reinvest their savings
- They ALWAYS reinvest in
themselves
- They stick to a budget
- They avoid time wasters
- Help others succeed
- They don’t procrastinate
The rich would rather be educated
than entertained
 Friends & Family
Power Relationships Family & Friends
Friendships with people who are: - Rich people are very selective
- Centres of influence with whom and how they spend
- Decision makers their time, regardless of the
- Positive/optimistic relationship to the person
- Wealthy - Pessimistic family members may
- Successful be supported more financially
- Success minded rather than with time to still
- Obsessed with self improvement create a more positive outcome

Positive relationship = more time

Negative relationship = less time
 Friends & Family
- Friendships are made with people
- They are aware of their friends’
who have similar interests in areas
behaviors:
of importance – this facilitates the
- Supplicate behavior –
sharing of ideas and networking
begging for attention
through victim mentality and
- Negative/toxic people are
fatalistic outlook
removed
- Combative behavior –
- They know that not everyone is
acquiring attention through
worth their time
being loud, bragging and
talking themselves up
 Environment
Wealthy people:
- Surround themselves daily with people - Surround themselves with other
who question their beliefs – creating
wealth is about critical thinking
- Attempt to forecast future trends
- Outsource low leverage tasks to create
more time
- Live minimally - carbon footprint
increases as luxury spending increases:
Refuse (single use), Reduce
(minimalism), Reuse (repair/up-cycle),
Rot (compost), Recycle
- Surround themselves with positivity
success-minded people who are
experts in their field
- Have mentors
- Surround themselves with ‘givers’ not
‘takers’
- Shift environments regularly based on
the activity they’re doing – combining
this with ‘batching’ creates maximum
efficiency
 Environment
- Do not fall into the trap of buying into
‘bright shiny object syndrome’ – they
don’t try and look rich
- Owning expensive things doesn’t show
wealth anymore because most people
can afford to buy these things on credit
- They know that ‘things’ aren’t the
source of happiness
- They know that owning too many
things puts pressure on you
- All their spending decisions are based
on 2 things:
- 1. Your current financial opportunities
- 2. The objective benefits you would get
from owning this exact object.
Buying things that you don’t really need
just to demonstrate your financial status
and living on credit are only for people who
don’t think about their future
 Finance
- Money is a tool. It’s a means to an end. -
For those engaging in work they
believe in, money is simply a tool for
doing more work
- Spending is based on knowing and
operating from their deepest ‘why’
- What about _______ is important to
you  repeat this question 7 times –
you will find your why
- They know they can increase their
earnings and therefore increase their
savings
They don’t just have 1 stream of
income – they have at least 3 before
making their first $1M
- E.g. real estate rentals, stock market
investments, part ownership in a side
business – note none of these are
trading time for money
- They invest in high-return investments
– they focus on developing their skills
and building scalable businesses
- They only invest things they
understand
 Finance
- They increase their earning ability and - They never spend more than they earn
invest in high-return investments – - They set aside money to spend (10%)
they focus on developing their skills They: have a 6 month emergency fund,
and building scalable businesses have wills, have insurance, have frugal
- High income skill is the fall back and partners and are themselves, save,
the business allows you to earn more don’t overspend on a house, don’t wait
money in less time to invest, aren’t in negative debt
- They earn money to save it and then
invest it – focus on saving more than
you did last year – if you don’t increase
your earnings and savings – you are
losing money because of inflation
 Finance
- They focus on growing their careers –
they invest time and energy into the
skills they need to get ahead
- They still shop around for better
prices/discounts/deals. Their spending
habits remain controlled even as
wealth grows
- Their investments are generally simple
and low cost e.g. low cost stock index
funds
- Recipe for wealth: earn a lot, save a
ton and invest for a long time
- Taking a reasonable risk by borrowing
money is necessary when investing
- They don’t plan on leaving it all to their
kids – they want to teach their kids
how to make it on their own
- 7 Steps to Millions: Over perform, be
likeable, network, be attractive,
continue learning and developing skills,
know how to manage yourself, know
how to market yourself
Create a gap between earning and
spending for many years
 Romance/Significant Other
- They communicate well – they express
their needs
- They listen to their partner
- They spend quality time together face
to face
- They express appreciation
- They learn each others love language
- They commit regularly to spending
time with their partner
- They do things they both enjoy
- They try new things together
- They are physically intimate
- They schedule regular check ins to see
how the other person is feeling
- They ask instead of assuming
- They share openly and honestly about
how they are feeling
- They show affection
- They reduce stressors because they
know how important it is when it
comes to their relationship
- They purposely spend time apart to
keep the attraction
- They communicate their boundaries