Wealth is nothing more than a byproduct of success. The pursuit of success is dependent upon the desire to succeed and become wealthy.
Wealth, therefore, is the carrot at the end of the stick. Take away that carrot and you remove the desire to succeed. Success is therefore impossible in a Socialist society – why pursue success if the carrot at the end of the stick, wealth, is removed?
To encourage the pursuit of success in America, our founders built into the framework of our US Constitution certain principles that fuel the pursuit of success. These were liberty, limited government, and property rights. Property rights being the right to keep the wealth you produce without it being taken away from you by government. These principles enabled America to become the economic behemoth it is today. They are embodied into something we fondly refer to as The American Dream. The American Dream is different things to different people
Joining us for our discussion on Good Habits Bad Habits is Tom Corley, who is in NJ. Tom Corley is an internationally recognized authority on habits and wealth creation. His inspiring keynote addresses cover success habits of the rich, failure habits of the poor and cutting edge habit change strategies. In Tom’s five-year study of the rich and poor he identified over 300 daily habits that separated the “haves” from the “have nots.” Tom is s bestselling author and award winning author. His latest book is Effort-Less Wealth (about the Saver-Investor Path to building Wealth) and Rich Habits Poor Habits, a book I co-wrote with Michael Yardney, Austalia's #1 Wealth Expert
Welcome Back to Mastering Your Money, Tom Corley.