Pete Wargent’s 6 Rules for Wealth Creation - Summer Series

You rarely see psychology discussed alongside business and investment, but I believe that psychology is foundational to entrepreneurial success. Your mindset matters when it comes to achievement. In today’s episode, I’m going to chat with Pete Wargent and discuss his 6 rules for wealth creation. Some of them may surprise you. 6 Rules for Wealth Creation: Increase Your Self-Esteem – People with low self-esteem may unconsciously sabotage their own success, because they don’t believe they deserve it. Work on retraining your brain to think positively. Think Long-Term – True wealth is built slowly over time. Follow this principle and exploit the power of compound growth. Study and Counsel with Wise People – If you want to be successful, learn from successful people. Mentors can help you realize your full potential. Pay Yourself First – Make yourself your first priority. Save and then invest a decent sum first, then pay your other bills. Control Your Expenditures – You need to know where your money is going. Study your expenditures and see how you can close gaps where you’re spending money unnecessarily. Take Action – You can’t be successful if you never make a move. Take massive and consistent action and refuse to give up. Links and Resources: Michael Yardney Metropole Property Strategists Rich Habits Poor Habits Michael Yardney’s Mentorship Program Pete Wargent Show notes plus more here: Pete Wargent’s 6 Rules for Wealth Creation Some of our favourite quotes from the show: “You can change the way you think about yourself, you can change your habits, you can upgrade your financial thermostat, and that’s through personal development.” – Michael Yardney “Most of what you do all day is unconscious, is at the subconscious level. You don’t even realize it.” – Michael Yardney “I think the message is spend less than you earn, and then save that difference, and overtime invest that money.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how.