In this episode #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham talks about habits, how they are created and how we can change our habits.

Habit Loop

In his book, The Power of Habit, Charles Duhigg talks about the concept of a habit loop. There are three factors in it:

1. Cue: It is the initiator or driver of the habit. It is something that triggers a pattern for you without a lot of conscious thought.
2. Routine: After the cue is triggered, what follows next is your habit or routine. It is the things that you repeatedly or automatically do when the hook is hooked.
3. Reward: The benefit that we get when we run a pattern is called reward. It can be positive or negative.
   
   There is a critical point where we can shift things. It could be a slight or a lengthy moment. So, a fourth component can be added to the habit loop and it is:
   
   
4. Reflect: The moment where we have the opportunity to reflect and ask ourselves whether the habits serves us. If it doesn't serve us, we can replace it with something that does.

The Anatomy of Changing a Habit

We can change and shift our habit in the moment of reflection. Here's how:

• Define the Cue: Realize or define the hook and where it comes from. Cues can come from different places like time, location and people. Be consciously aware about such triggers, and you can shift and redefine it.
• Define the Reward: It is the "Why" that pulls us like a magnet. Find the strong purpose that draws you towards the dream. Define the reward that is attached with the habit that pulls you through.
• Expectation Association: It is the path or the norms that is expected by the society. Many times it is the path of mediocrity. Be aware of the expectation that you associate with; so we can shift above and beyond it.
• Belief Community: It is the community or the people that you surround yourself with. In order to shift your expectations, you have to surround yourself with like-minded people that understand your values and will help pull through.

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ABOUT MEL ABRAHAM

Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses.

Mel is a true believer in the entrepreneurial way of life