Michael Mante Podcast

Wealthy people will often tell you that it’s all about mindset. And the truth is, yes, it’s mostly about mindset.

3 Secrets of The Millionaire

3. Millionaires give more than they take

2. Millionaires don’t take things so personally

1. Millionaires take RISK

Secrets of the millionaire mindset show you the psychology of people who are able to generate great wealth. Though adopting this framework will not happen overnight, constant reflection leads to changes in beliefs which leads to changes in behavior. 

Wealth creation is closer than you think, it simply requires knowledge, courage, and diligence.

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Develop A Millionaire Mindset

Truly wealthy people develop the habit of “getting rich slow” rather than “getting rich quick.” To assure this, they have two rules with regard to money. Rule number one: Don’t lose money. Rule number two: If ever you feel tempted, refer back to rule number one, “don’t lose money.”

Develop the habit of asking for higher prices when you are selling and asking for lower prices when you buy. Ask for lower interest rates. Ask for better terms and conditions. Ask for immediate payment when you sell and ask for deferred payment when you buy. Ask repeatedly. Ask pleasantly. Ask courteously. Ask expectantly. Ask confidently. But don’t be afraid to ask. Ask for what you want, and if you don’t get it, ask for something else.

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Road to The self-made millionaire (Series)

Whether it’s building a successful business or climbing the career ladder, you can find inspiration from people who have done the seemingly impossible: Change the world and become a Millionaire.

Steve Adcock - The self-made millionaire says he got rich the “old-fashioned way”—by investing wisely, marrying the right person, and living a frugal life.

1. Company loyalty will make you poor.

If you’re not switching jobs regularly, you’re leaving money on the table. Taking a new position at a different company is one of the best ways to get a substantial raise.

2. Most millionaires are self-made.

A 2022 report from research firm Ramsey Solutions found that 74% of millennials believe millionaires inherited their money, and more than half of baby boomers think the same.

3. Your life partner can hurt your finances.

Many people get married young, in their early- sometimes the relationship tension is money-related, like opposite spending habits or an unwillingness to have money conversations.

4. You don’t need to hustle 24/7.

You might think that hustling will make you rich faster, but it also means having less time to take care of your body. And no amount of money is worth neglecting your physical and mental health.

5. Growing up poor doesn’t mean you can’t build wealth.

Learn the value of saving and investing, credit card debt would ruin my financial stability,

even if without a six-figure salary, you can still get rich...

6. A prestigious degree doesn’t guarantee wealth.

While your degree can help you get your foot in the right door, it’s what you do after you graduate that makes the real difference.

Start an emergency fund and invested at least 10% of your income starting today.

look for less expensive options — perhaps paying in-state tuition at a school that has a great program in what you are interested in.

7. Your passion won’t pay the bills.

Rich celebrities will often tell you that they achieved success by following their passions. But that doesn’t work for everyone.

Now, as an early retiree, I’m actually able to enjoy and spend more time on my passions.

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Getting out of the rat race is simple, but not necessarily easy. To escape, all you need is monthly income — from non-job sources — that exceeds your monthly expenses. 

For example, if you spend $3000 a month, you'll need to bring in at least $3000 (after taxes) outside of your day job

Success Secrets

Learn the Secrets of Real-Life Millionaires – and Put Them to Work For YOU!

Discover the exact process thousands of action-oriented individuals have used to become millionaires

Conclusion: 

Success Is Predictable

Brian Tracy is a Canadian-American motivational public speaker and self-development author. He is the author of over eighty books that have been translated into dozens of languages. His popular books are Earn What You're Really Worth, Eat That Frog!, No Excuses!

Garbage in, garbage out

In computer science, garbage in, garbage out is the concept that flawed, or nonsense input data produces nonsense output. Rubbish in, rubbish out is an alternate wording. The principle applies to all logical argumentation: sound arguments can lead to unsound conclusions if their premises are flawed.

something you say that means that something produced from materials of low quality will also be of low quality: The meals are pretty poor but then they never use fresh ingredients - garbage in, garbage out

What books or podcasts are you reading and listening to that greatly influence you and your career?

Garbage In, Garbage Out: How to Fuel Your Body and Mind

Feeding your body begins with knowing what to eat, how much to eat, and when to eat.

Feeding your mind with positivity is just as important as feeding your body. The reverse is also true, filling your brain with negative images can be bad for your health.

Fashion is the armor to survive the reality of everyday life.Bill Cunningham'

he also said...

“I could never concentrate on Sunday church services because I’d be concentrating on the women’s hats.”

Cunningham started his career as a hatmaker for some of NYC's elite. Even legends have to start somewhere.

"The best fashion show is definitely on the street. Always has been. Always will be."

You don't need a runway to make a statement in the fashion world.

William John Cunningham Jr. contributed significantly to fashion journalism,  While working at Women's Wear Daily and the Chicago Tribune, he began taking candid photographs of fashion on the streets of New York. He was a self-taught photographer.

Born: March 13, 1929, Boston, MA

Died: June 25, 2016, New York, NY

"Thinking, Fast and Slow" is all about how two systems — intuition and slow thinking — shape our judgment, and how we can effectively tap into both. Using principles of behavioral economics, Kahneman walks us through how to think and avoid mistakes in situations when the stakes are really high

What is the difference between fast thinking and slow thinking?

Fast thinking (dubbed System 1 by Kahneman) is unconscious, emotional, and instinctive. Fast thinking results in snap judgments and, sometimes, prejudice. 

Slow thinking (System 2) is what most of us would consider actual thought: it's conscious, deliberative, and mostly rational.

Daniel Kahneman is a Nobel Laureate in Economics who is a psychologist by training. He won the prize mostly for his work in decision making, specifically Prospect Theory. This book distills a lifetime of work on the engine of human thinking, highlighting our cognitive biases and showing both the brilliance and limitations of the human mind.

Nothing is original, so embrace influence, school yourself through the work of others, remix, and reimagine to discover your own path.

An artist looks at the world by figuring out what’s worth stealing and then moves on to the next thing. When you look at the world this way, you stop worrying about what’s “good” and what’s “bad”—there’s only stuff worth stealing, and stuff that’s not worth stealing.

“Every new idea is just a mashup or a remix of one or more previous ideas.”

“Your job is to collect good ideas. The more good ideas you collect, the more you can choose from to be influenced by.”

Study everything there is to know about one thinker. Then find three people that the thinker loved, and find out everything about them. 

Repeat this as many times as you can.

Plagiarism is trying to pass someone else’s work off as your own. Copying is about reverse-engineering.

“In this age of information abundance and overload, those who get ahead will be the folks who figure out what to leave out, so they can concentrate on what’s really important to them.”

Steal like an artist

Steal Like an Artist: 10 Things Nobody Told You About Being Creative is a book on coming up with creative ideas written by Austin Kleon and published in 2012 by Workman Publishing. The book has since then become a New York Times Bestseller.

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