Millionaires Create Their Own Luck

Last month I shared The Millionaire Wealth-Building Timeline, a chapter from my buddy, Steve’s, new book called Millionaire Habits.

And last week I posted Millionaires Maximize Income from the book.

Today I have another excerpt for you.

This time it’s on what Steve lists as Millionaire Habit #8: Millionaires Create Their Own Luck.

This is a BIG topic of discussion in the MMM forums — how much of a person’s success is because of their efforts and how much is due to luck?

Let’s see what Steve has to say on this topic…

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The word “luck” gets thrown around a lot. It seems like every time I talk about millionaires or wealthy people on social media, a segment of people invariably chalks up their success to luck. It’s always just dumb luck.

Started a successful business? You probably had help from your parents.

Became a millionaire in their 30s? You probably just got an inheritance.

But strangely enough, I’ve never heard anyone say that Michael Jordan (one of the best and most popular NBA basketball players ever to play) just got lucky.

With few exceptions, we don’t think of most sports stars as “lucky”. We recognize the hard work and grueling daily practices they went through to make it to the pros and continue playing at a high level throughout their careers.

You know, an hour in the gym every day. Wind sprints at the end of practice. Getting yelled at by coaches for doing something wrong.

At Laney High School in Wilmington, North Carolina, Michael Jordan failed to make the varsity basketball team as a sophomore, which fueled his determination to improve.

Jordan spent thousands of hours honing his skills and working on his game. He would get up early and practice before school, participate in team practices, then continue playing long after official practice sessions ended. His relentless dedication allowed him to earn a spot on the varsity team and eventually establish himself as a standout player.

It’s fascinating to me that nobody considers pro sports players “lucky” to have made it to the pros, but when it comes to money and success in all other areas of life, suddenly, it’s all about luck. They didn’t earn it. They just got lucky or had rich parents.

Dave Ramsey found nearly 74% of millennials believe millionaires inherited their money. More than half of baby boomers believe the same thing. In other words, 3/4ths of millennials want to believe that millionaires lucked into their money.

It was all pure chance. What a dreadfully poor mindset.

I looked all over for research and studies on the topic of money, inheritance and luck, and what I found was overwhelming.

The numbers show that most millionaires are self-made. That means they didn’t just fall into their money. It wasn’t inheritance. In fact, a fascinatingly large percentage of millionaires never earned more than $100,000 in salary in any single year of their lives!

For instance:

• Dave Ramsey found only 21% of millionaires inherited any money. Of those, just 3% received an inheritance above $1m.
• The Cato Institute said the notion that “most millionaires inherit their wealth” is a myth. In fact, “70% of wealthy Americans grew up in middle or lower-class households.”
• WealthX discovered that nearly seven in 10 wealthy people earned their wealth themselves (by starting their own businesses and investing).

While some millionaires get an inheritance, it is important to note that wealth transfer across generations diminishes over time. This means that inherited wealth tends to dissipate over the generations, and the third generation typically depletes the majority of inherited wealth. This reinforces the notion that self-made wealth is the most common type of wealth among today’s millionaires.

The evidence directly puts to bed the notion that luck is the primary driver of success, and that’s good news! It means success is available to all of us whether we grew up in a rich family or got a big inheritance or not.

We just need to put in the work to get there. And, that’s the hard part.

In the end, this is encouraging. It means you don’t need to be “lucky” to be successful.
Success doesn’t come easy (if it did, we’d all be successful, right?). It takes a lot of hard work. Busting your ass. Saying “yes” rather than no, as we discussed in the first habit.

Before we continue, let’s acknowledge the obvious: yes, luck does exist. After all, we cannot control how we were raised or the color of our skin. We also can’t control hereditary illnesses and other physical and mental disabilities that came pre-installed at birth. Clearly, external factors beyond our control exist that affect our success in life, no question about it. And these factors do negatively affect our success in life.

But you might be surprised at how much of our lives we have full control over even though we might not want to admit that to ourselves. There are enough rags-to-riches stories in this country to prove that success isn’t governed by the aspects of our lives that we can’t control. It’s the things we can control that make the biggest difference.

Our Choices Compound

Remember when we talked about compound interest in habit #6? Compounding isn’t just a phenomenon with our investments.

Our choices compound. Both positively and negatively. Every choice we make has an effect, and those effects compound over time.

Let’s see why.

Take Jimmy. Jimmy had a decent suburban upbringing. He lived in a regular two-story house, took the bus to school, and his mom was home every day after school. But Jimmy made a big mistake when he was a kid. Got involved with the wrong crowd and got busted for auto theft. He went to jail and got a criminal record, and that choice created a domino effect down the line. That choice compounded negatively.

A criminal record means Jimmy can only find minimum-wage jobs. And those minimum wage jobs keep Jimmy from earning enough to invest. Without investing, Jimmy will have a tough time building long-term wealth.

Take Sally. She grew up on the other side of the tracks in low-income housing. She wasn’t the popular kid in school but got good enough grades to earn a scholarship to her in-state 4-year university. She went to school for Accounting, graduated, and got a decent corporate job.

Her job pays enough to start investing. Her investments build. She gets an even better job, gets paid more, and really starts ramping up her investments. She manages to keep her needs reasonable. She drives a 15-year-old car and buys off-brand groceries. By 40, she’s a millionaire.

Without knowing the full story, you might consider Sally to be lucky. After all, most people only see the end result of her hard work, not her poor upbringing. And what about Jimmy? Is he unlucky because his criminal record kills his chances of getting a higher-paying job and building wealth?

Here’s where it gets interesting.

What if Jimmy goes to a community college to learn more about car repair? He meets an owner of a repair shop in one of his classes who hires Jimmy as a mechanic. Jimmy does a great job, gets promoted to manager, makes friends with a wealthy customer, and they decide to open their own repair shop together.

Same question: Is Jimmy still unlucky or not? Maybe it was “luck” that Jimmy met a wealthy customer who wanted to open a repair shop.

Maybe, but there is another side to that coin: Jimmy put himself into the position to meet that wealthy customer by choosing to go to college and work hard, which helped him meet a business owner who liked his work ethic and gave him a shot.

He chose school. He chose to work hard.

Maybe Jimmy turned negative compounding on its head, reversing the domino effect by attending a community college. If Jimmy’s repair shop grows big and he starts making a bunch of money, people will just call Jimmy lucky, won’t they? He must have inherited money or had rich parents to help him with the business.

Admittedly, these examples are overly simplified. This is a complicated topic. But, I will say this: yes, luck exists. Every one of us born to loving parents in the first world and who speak English with access to the Internet is incredibly fortunate.

But then again, there are a lot of fortunate people out there. Some struggle more than others. Life is absolutely harder for some people.

But thankfully, negative compounding can be reversed.

How to Create Your Own Luck

Millionaires know how to create their own luck. We’ve already talked about many ways millionaires create luck. For instance, saying yes to things that seem uncomfortable puts you in a great position to meet new people, build new skills, and get more opportunities.

Asking for raises at work will help increase your salary. A higher salary will help you stay out of credit card debt, invest for the future, and maybe even retire as a millionaire in your 40s or 50s. Your choice to proactively keep your salary going up has compounded over the years into a million-dollar nest egg that gives you more options in the future, like quitting work early or even taking part-time work so you can travel or spend more time with your family.

Likewise, that fitness routine you start will compound into making you a stronger, healthier, and better-looking version of yourself. Prioritize your workout 3 days a week for years, and that consistency turns you into a confident and energetic person willing to try new things and make the best of every situation.

Making good choices compounds over time. And those choices are how millionaires create their own luck.

If you still aren’t sure how to create your own good luck, don’t worry.

Here are 10 ways to turn yourself into a “lucky” person.

Adopt a Positive Mindset

Here’s a fact: Most people want to associate with positive people. After all, negativity drains our energy and impacts our mood, not in a good way. Positivity will help you to stay focused, motivated, and open to opportunities. If you believe you’ll achieve something big, it will probably happen. It won’t happen overnight or without hard work. But very often, the first step to achieving big things is believing that you can.

If you’re already a positive person, then congrats! You have this one taken care of. But if not, don’t fret. Let’s talk about how to adopt a positive mindset.

• Surround yourself with positivity – The people whom we surround ourselves with make a huge impact on our mood and our mindset. Surround yourself with positive people who inspire you and look on the bright side. Avoid those who are always negative, as that negativity will bring you down.
• Practice self-care – As discussed in Habit #2, taking care of yourself physically, mentally, and emotionally is always time well spent. When our needs are addressed, we naturally adopt a more positive outlook. This includes getting enough sleep at night, eating healthy, exercising regularly, and doing things that you enjoy.
• Reframe negativity – Negativity is a natural part of life. After all, things will go wrong. We will have stressful days. There’s no way to avoid it. But there are ways to manage it. When negative thoughts arise, challenge them and try to reframe them in a more positive light. Instead of saying, “I can’t,” say, “I’ll give it my best shot!” This type of growth mindset puts a positive spin on setbacks and challenges.
• Practice gratitude – Take some time to acknowledge all the good that’s happening in your life (hint: there is always some good). Make a conscious effort to focus on what you are grateful for rather than what you lack. This can help you shift your mindset from one of negativity to one of positivity. For instance, you might not be the fastest runner, but you never have to worry about where your next meal comes from.

Take Calculated Risks

Risks build millionaires. No, I’m not talking about jumping out of perfectly good airplanes with a parachute on your back. That’s a very different kind of risk! I mean risks that can make you wealthier or more successful. For instance, there’s always risk in investing, though history has shown long-term investing has an exceptionally nice track record of making people rich.

A calculated risk has a better-than-average chance of it paying off. Here are a few ways to determine whether to take a risk.

For instance, let’s assume you want to start an ice cream parlor in your town. There’s a Dairy Queen already there, but you think a locally-owned ice cream shop can succeed.

Understand the reward – Identify the potential risks and rewards of your decision. Make a list of each and weigh them against each other. For instance, if the risk of failure is bigger than the reward of success, it might be too risky.

The reward for starting a successful ice cream shop is clear: It would make you money (assuming you don’t eat most of your product!) and perhaps establish you as a positive influence in your town. Your ice cream parlor could also help employ high school kids after school and donate some proceeds to local charities.

What if it fails? – Understand the consequences of failure. Can you easily recover if the decision doesn’t pan out, or will it significantly impact your life, money, business, or family? Also, what’s the worst-case scenario if things go really wrong?

If the ice cream parlor fails, you’re primarily out of money. Potentially a lot of it. If you took a business loan to buy the ice cream equipment and rent a small shop on Main St., you’d be forced to find a job quickly to repay the loan. You may also feel a little embarrassed with your friends or family because the parlor didn’t succeed.

Look for advice – Chances are someone else has already taken the risk. Talk to experts or people who have experience in the area you are considering. Ask them for their input and advice on your decision.

Maybe you have a friend or neighbor who started their own business? Or, make friends with the business owner of another shop on Main St. and ask about their challenges. There is also lots of online advice about starting your own local business.

Make a plan – Rather than winging it, make a plan and decide how you will move forward with the calculated risk. Consider any contingencies or potential roadblocks that may arise and have a plan for how you will handle them.

Your ice cream parlor’s business plan might look something like this:

Sally’s Ice Cream Parlor will offer a variety of high-quality ice cream flavors and toppings in a welcoming and family-friendly atmosphere. We will focus on providing exceptional customer service and a unique experience for our customers, including free samples and regular discounts on holidays and during the annual Main St. Fair. Our goal is to become a local favorite for ice cream lovers.

The ice cream industry has been growing steadily in recent years, and there is a growing demand for high-quality, artisanal ice cream from locally-owned store owners. Our audience includes children, young adults, and tourists. We will be in a busy area with high foot traffic, making us easily accessible to our target market. We will be open from 11 am to 8 pm with extended closing hours of 10 pm during the summer.

Estimated startup costs will be around $120,000, which includes equipment, rent, inventory, and employee salaries. Our projected revenue for the first year is $250,000, with a net profit of $50,000. We will reinvest 80% of our profits into marketing and expanding our product line.

Monitor your progress – Keep an eye on the results of your decision. The sooner you spot potential roadblocks, the easier it will be to adjust and avoid a larger failure.

Keeping a close eye on your ice cream parlor’s financials will ensure your new business does well. For instance, if your customers come in later than usual, you might consider extending your closing time to 11 pm during summer. Or if ice cream storage costs are higher than anticipated, you may need to raise prices or cut back on employee hours to compensate for that additional cost.

Be Proactive

Millionaires don’t wait for things to happen to them. Instead, they make things happen, and they do this by being proactive in every facet of their lives. Being proactive puts you squarely in the driver’s seat, allowing you to control your career and life fully.

Believe it or not, being proactive is a skill that needs to be practiced. To many of us (me included), taking the initiative can seem daunting or scary, but the more we do it, the easier it gets.

When you’re proactive, you’re better able to identify potential problems and come up with solutions before they become serious. This can help you develop stronger problem-solving skills and become more resilient in facing challenges. And believe me, employers are quick to promote those who can identify problems before they happen and propose solutions.

For instance, recognizing that you are underpaid and asking for a raise (or switching jobs) is a good example of being proactive rather than hoping that your salary eventually catches up. We discussed both of these tactics in Habit #3, and it’s something millionaires do regularly to ensure their salary keeps up with inflation.

A few other examples of being proactive (hint: We talk a lot about these examples elsewhere in the book. These are habits of millionaires!):

• Regular exercise – Being fit and healthy improves energy and confidence. Make exercise a part of your everyday routine, not just something you do if you have time.
• Writing a daily to-do list – Writing a to-do list every day (or the night before) gives you marching orders from when you wake up and can start your day off right.
• Constant mental check-ins – Do you feel happy and productive? Is your relationship going well? Is your career right for you? Always check in with yourself, and be honest!
• Being the first one in the office – I was always one of the first every day, which made a big difference. I got more done by 10 am than most did the entire day.
• Volunteering for extra responsibilities – Asking for more work is a great way to get raises and promotions. It means you’re serious, productive, and engaged. That’s money!
• Asking questions rather than assuming – Successful people ask for help when needed rather than plowing through unclear assignments, then having to do them over.

Be Open-Minded

At one point in my life, I firmly believed that to be a good manager, you had to be a hard ass. Like a drill sergeant. Your staff had to be just a little bit afraid of you. It was your way or the highway.

Luckily, I outgrew that incredibly stupid belief because I was open-minded enough to observe that some of the best managers I ever worked for were personable and smiled a lot. They listened to me and valued my input and suggestions. And these are the types of people I always wanted to work for. I don’t need a drill sergeant on my case daily. Who wants that?

Being open-minded means accepting the fact that your beliefs, perceptions, and experiences may not tell the whole story in life. After all, reality is very fluid. What works for one person may not work for another. What motivates someone who works extra hard in the office may not be the same thing that motivates another.

For instance, I was always motivated by money. The harder I worked, the better position I was in to get raises and promotions, and that helped me achieve my goal of becoming a millionaire. But I also worked with those who preferred extra vacation time, skipped out early on Fridays, or had better health benefits. Everybody’s motivations are different.

And that’s okay. After all, how boring would the world be if we all wanted the exact same thing? Being different is good. And the more open we are to each other’s differences, the more effective we will be. And as a result, the richer we will become.

What are the characteristics of open-minded people?

• They don’t always have to be right
• They are empathetic with how other people feel
• They embrace having their own opinions challenged
• They want to hear thoughts and feedback from others
• They understand their experiences don’t tell the whole story

Now, I’m not telling you to gather your coworkers or friends around a campfire, hold hands, and sing kumbaya after telling each other intimate and creepy stories about yourselves. Certainly not, because that’s pretty weird.

I am saying being open-minded puts you in a position of respect and loyalty. After all, nobody respects drill sergeants in the workplace. But, managers who care about their staff and actively seek their opinions are respected. People would do anything for them.

Visualize Your Success

Have you ever said this to yourself with something you really want: “I want to drive that car so bad I can practically feel it!”

Believe it or not, that type of visualization is a millionaire habit. You can see yourself driving that car. The wind in your hair. The smooth hum of the engine and the throaty exhaust note. The back-against-the-seat torque as you accelerate. You get the idea. You want something so bad that you can visualize yourself being there.

To visualize your success, you need two things in place:

1: Know your definition of success

Success means something different for everyone. My definition of success was quitting my job and traveling the country with my wife and two dogs. But it might (and probably will!) look very different for you.

What is your definition of success? Or, in other words, what needs to happen for you to say, “I’ve made it finally”? This is a difficult question for most people to answer, so if you don’t have an answer right now, that’s okay. You don’t need to have one this instant. However, consider this question and decide what success means to you.

For example, maybe success means starting your own business that earns multiple six figures per year. Or, perhaps you want to quit working to stay home and be there when your kids get home from school. Maybe success means earning enough money to quit your job, move to Fiji and open a beach-side coffee shop.

2: Understand how it will make you feel

Why is your definition of success what it is? How will it make you feel once you’ve achieved it? Get to the bottom of what motivates you in life.

For my wife and me, our motivation was rooted in freedom. The freedom to travel and go anywhere we want, at a moment’s notice, without having to worry about money. The feeling of complete and utter autonomy over every nook and cranny of our lives motivated us to work hard, rapidly acquire as much wealth as possible, and then quit our jobs to pursue our next life of travel and adventure.

If you want to start your own business, why? Why do you want to move to Fiji? Why do you want to “get rich”? Again, this question is tough for many to answer, but the answer will help connect your definition of success with the underlying reason behind it. Knowing the “why” behind your success will help keep you motivated and focused on making it happen. Close your eyes and visualize yourself exactly where you want to be.

Where are you? Are you on the beach? Are you in a bustling city? Maybe out in the country on acres of land without another person for miles. Or maybe you’re traveling by backpack in a land far, far away.

Then, ask yourself a simple question: Why are you happy?

Work Hard

There’s nothing quite like hard work that makes cash appear in your wallet, almost like magic. You’ll hear people talk about hacks and strategies to work less and still make money, but hard work is the age-old strategy that’s never fallen out of style for millionaires. It still works. And it always will.

Working hard is how you make money. It puts you in a position to get the promotions you want and the raises you deserve. But working hard has a variety of benefits outside of just making money.

Hard work helps you to:

• Achieve your goals – Hard work is a prerequisite for achieving your goals. Whether getting a job promotion, starting a business, or learning a new skill, working hard will help you progress toward your desired outcome.
• Build self-discipline – Working hard helps you develop self-discipline, an essential trait for success in any area of life. Self-discipline helps you stay focused, motivated, and committed to your goals.
• Improve your skills – Hard work allows you to practice and develop your skills, which can lead to mastery and expertise in any field. This can help you become more valuable to employers or customers and drastically increase your earning potential.
• Boost your confidence – Completing difficult tasks through hard work can help boost your confidence and self-esteem for the next task. This, in turn, can help you tackle new challenges with greater ease and optimism. Hard work snowballs your confidence.
• Gain respect – Hard work is often recognized and respected by others. People tend to admire and appreciate your dedication and perseverance when you put in the effort and achieve results. People will notice even though they may not say anything to you.
• Feel fulfilled – Working hard will give you a sense of satisfaction and fulfillment, knowing that you’ve tried to achieve your goals. This can contribute to your overall happiness and well-being. Face it: We feel better after we work hard to finish a task.

Build a High-Quality Network

You’ve probably heard the phrase, “Your network is your net worth”. It means that the value of the relationships you’ve built with others, including personal and professional contacts, is extremely important to your overall success and financial well-being.

In other words, the people you know and the connections you make are as valuable as money in the bank. Building and maintaining a strong network leads to new opportunities, business partnerships, and other valuable connections that can help you achieve your goals and increase your success.

Not to name-drop here, but Harvard Social Psychologist Dr. David McClelland happens to agree. He said the people you habitually associate with determine as much as 95% of your success or failure in life. Millionaires know how true that statement is.

If you associate with people who are avid gym-goers and focus on their health, chances are you will too. On the other hand, if you hang out with people who smoke or get drunk every chance they get, then again, you’ll likely wind up stumbling down that same path.

When I talk about leveling up the people you hang around, the most common question I get is this: “How do I find these people?”

Good question. Believe it or not, many of these people are already in our lives, though we may not realize it. We have our immediate group of friends and it’s far too easy to ignore everyone else. You might be surprised at the networking opportunities that are right in front of you but you haven’t taken the time to notice (I’m guilty of this!).

Here are a few other ideas to help you build a high-quality network:

• Attend networking events – Attend industry events, seminars, and conferences. These events are a great way to meet new people in your field, learn from experts and industry leaders, and stay up-to-date on the latest trends and news.
• Join professional associations – Joining professional associations in your industry is a great way to meet like-minded people, expand your knowledge and skills, and build relationships with others who share your interests.
• Use social media – Social media platforms like LinkedIn, Twitter, and Instagram are great tools for connecting with others in your field. I spend a lot of time on Twitter, and it’s been amazing the people I’ve met on that platform. I’ve tweeted with billionaire and Dallas Mavericks owner Mark Cuban, professional athletes, successful business owners and so many others I would probably never have met in real life.
• Volunteer or join clubs – Volunteer for charitable organizations or join clubs that align with your interests. This can be a great way to meet new people, build relationships, and contribute to your community. More on volunteering later in this chapter.
• Build relationships – Building strong relationships takes time and effort. Keep in touch with people in your network, send a quick message or email to catch up, and offer to help others whenever possible. I always like to reach out to someone in my network once a month to catch up on their work and see how I can help them.

Ditch Your Comfort Zone

Comfort zones are where dreams go to die. That’s a tough statement, but think about what a comfort zone is and why it won’t help you achieve your goals.

Achieving goals is hard work. It’s not comfortable. Being successful often means doing things that make us uncomfortable, like giving presentations in front of groups of people or putting in 50 hours of overtime in a month to finish a big project. Success isn’t always comfortable, and that’s okay. In fact, that’s good. Overcoming challenges makes us stronger people. Most of us don’t accomplish amazing things from our comfort zones.

Here are a few ways to help you ditch your comfort zone:

• Try new things: Whether trying a new hobby or learning a new skill, trying something new can be a great way to challenge yourself and step out of your comfort zone. Choose an activity you’ve always been interested in but never tried before, and commit to it. For instance, want to start a garden? This weekend, do it! Build that planter box. Get your hands into the soil.
• Travel somewhere new: Exploring a new place can be an excellent way to broaden your horizons and experience new things. I’m always amazed at people who have never left their home state because there is so much of the country to see. Consider traveling somewhere you’ve never been before, whether it’s a different country or just a different town nearby. Traveling to other countries is also an excellent way to learn about other people’s lives.
• Take on a new challenge: Challenge yourself by taking on a new project or task that you’ve never done before. It could be something as simple as learning a new recipe or as challenging as running a marathon. Give yourself a goal and time to complete it. Challenges can be fun, especially if they are achievable.
• Meet new people: Meeting new people and socializing can be a great way to step out of your comfort zone. Attend a social event or join a new group or club to meet new people and expand your social circle. I joined a Grotto club in my hometown several years ago and found it to be a very rewarding experience, and I’m still friends with many of those I met in the grotto club to this day.
• Say yes to new opportunities: We’ve talked at length about this one, but it is important enough to mention it again. When new opportunities arise, say yes, even if it scares you. It could be a job opportunity, a new adventure, or an invitation to try something new.
• Face your fears: Identify your fears and work towards overcoming them. Whether it’s public speaking, heights, or spiders, facing your fears can be a significant step toward stepping out of your comfort zone. Often, conquering our fears help us to understand that there’s nothing to be afraid of.
• Change your routine: Mix up your daily routine by trying new things or doing things differently. This could include taking a different route to work, trying a new breakfast food, or changing your workout routine. Heck, it might also mean switching jobs or moving to another city. I changed jobs every three to four years because I loved changing my routine. That habit kept my skills improving and my salary going up.

Volunteer

Volunteering for a cause we care about is something a lot of millionaires do. In fact, nearly three-quarters (72%) of millionaires said they volunteer at least five hours a month at local nonprofits7. Volunteering is not only a great way to help your local community, but it’s also an effective way to meet more people and continually expand your network of friends and associates.

Want to volunteer but not sure where to start? Here are a few ideas:

• Work at an animal shelter: Help out at an animal shelter by walking dogs, cleaning cages, serving meals, or helping with administrative tasks.
• Tutor or mentor students: Give your time at a local school or community center to tutor or mentor children who need extra help with their studies.
• Clean up your community: Join a local clean-up effort to help remove litter and debris from streets, parks, and other public spaces. Hint: Most cities need this!
• Volunteer at a local hospital or nursing home: Help out at a hospital or nursing home by spending time with patients, reading to them, or helping with creative activities.
• Serve meals at a soup kitchen or food bank: Serve meals at a soup kitchen or food bank, or volunteer to sort and package donated food items.

There are so many different ways to donate your time and give back. If you’re short on time, consider donating money instead of your time to charities such as The American Red Cross, The Salvation Army, Habitat for Humanity, St. Jude Children’s Hospital, Doctors Without Borders or the Make-A-Wish Foundation.

Take Action

How to Change Your Luck:

Put yourself out there. There is only one step to changing your own luck, and that’s getting off the couch and start taking action. Use some of the examples in this chapter to adopt a “luckier” lifestyle.

One of my favorite techniques is building relationships. This was never easy for me (I’m a natural introvert), but I found that the more people I met, the more opportunities I had. By meeting new people and expanding your network, you put yourself into a position to get more opportunities just by virtue of being there.

It’s amazing how just being there can drastically improve your luck.

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I really like this book and the way he approaches these topics.

I think you’ll find that this is a GREAT book for those who are just starting off on their financial journey or those who are down the road a bit but need an extra push or two.

Know anyone like that?

If so, you can order your book today here.

Stay tuned as I’ll be sharing one more post from this book in a couple weeks.