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5 HABITS to GET RICH

If you want to achieve lasting wealth, you must be willing to change your habits.

For the last 15 years, I’ve been learning from the successful people in the world. By modeling their beliefs and behaviors, I’ve been able to achieve financial freedom.

Modeling is a technique used by those with a growth mindset – those who believe that we can learn and unlearn behaviors.

Why reinvent the wheel when you can extract knowledge from those who have already achieved what it is that you want?

If you want access to 5 rich people habits for creating wealth, read on!

Watch the video below:

(Click here to watch on YouTube)

Are you ready to build a successful online business and create long-term wealth? CLICK HERE to take my FREE quiz to discover which business is best for you!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and enjoyed personally. Thank you for your support!

Rich people share similar habits.

The most successful people in the world don’t get to the top of their game by acting like everyone else. Rather, they possess specific traits and behaviors that have helped them create wealth faster than others. In effect, they are willing to do what most won’t do. Did you know that habits make up 95% of a person’s behavior? You are the sum of your habits.

Everything that you have or don’t have today is determined by the quality of your habits. Given that successful people have successful habits, it makes sense to pay attention to what they are doing. What one man or woman can do, another man or woman can do. There’s no reason why you can’t be rich. Anything is possible.

I’ve identified 5 rich people habits that have contributed to my financial well-being. If you have the desire to build long-term wealth, adopting these habits will help you achieve your financial goals.  Let’s dive in!

1. The Habit Of Money Management

Being a great money manager means that you are on top of your finances 24/7. A lot of people avoid looking at their bank account or credit card statements. Is this you? You may not be happy to see how much money you currently have in your account. However, when you avoid the truth, you have no power to change your financial situation.

Cultivating awareness goes a long way when it comes to managing your money. I check my investments on a regular basis. Doing so ensures that I am on top of my finances and expenses. If I drop the ball, my expenses will creep up and my investments will get off track.

If you cannot manage the money you already have, you will not be able to manage larger sums as you become more successful. The best way to manage your money is to start budgeting. Be mindful of where your money is going every month. Find ways that you can spend less so that you’re able to save money for your future.

The most successful people invest time, attention, and energy into their finances. The more that they think of ways to save their money and grow their wealth, the richer they become. Remember… whatever you focus on will expand.

2. The Habit Of Saving Money

If you can’t save money, you’re not going to be able to get ahead in life. The big mistake that I see a lot of people make is that they live paycheck to paycheck. Whatever money they have coming in goes directly towards their expenses. It’s not how much money you make that matters. Rather, it’s how much money you keep.

I know quite a few people who make a lot of money but they spend it all. Sure enough, they have zero savings. Hence, their money doesn’t appreciate over time. I’m still frugal in some aspects of my life, despite the fact that I’ve already achieved financial freedom. In order to be a great saver, you have to be willing to sacrifice the present moment for your long-term future.

Start planning for your retirement. Think about where you’re going to be in 30-40 years from now. When you start saving your money early, your money has more time to compound. I recommend saving 10% of what you earn. Be willing to delay gratification in the short-term. Your future will thank you for it.

3. The Habit Of Investing

A lot of people consume and spend money on products instead of investing in the very companies that create those products. What I love about investing is that it allows me to invest in incredible entrepreneurs who are changing the world for the better. In his book, Rich Dad, Poor Dad, Robert Kiyosaki says that you need to invest your money into assets, not liabilities.

An asset is something that appreciates and grows in value over time. What assets can you invest your money into? The key to investing is to just get started! It is equally as important to invest in your personal growth and development as it is to invest your money. Taking care of your health and well-being will ensure that you are able to create more wealth. At the end of the day, your health is your wealth.

4. The Habit of Continual Learning

The more that you learn, the more money that you will earn. The most successful people are constantly upgrading themselves, whether that’s from books, courses, or from being in close proximity with successful people. A five-year study of 177 self-made millionaires found that the self-made rich made a conscious effort to only forge relationships with individuals they aspired to be: other rich and successful people.

Successful people ask questions. They leave their ego at the door, never assuming that they know everything. As a result, they are better able to absorb new knowledge and put it into action. More importantly, they don’t stop learning. They are up-to-date on cutting-edge trends in their industry which ensure that they are always one step ahead of the game.

If you want to achieve a high level of financial success you must adopt a growth mindset. I believe that everything is learnable. There is so much knowledge that you can consume on the Internet. Your level of income is in proportion to your level of self-development. The more that you commit to expanding your mind, the more money that you will make. It’s that simple.

5. The Habit Of Giving

The only way that you make money is by contributing to others. The more that you give, the more that you will get rewarded. If you work a 9 to 5 job and you aspire to get a raise, give more! Think about ways that you can add more value to the company you work for. How can you help the company make or save more money?

This is what will help you stand out from other employees. In turn, you will create more opportunities to expand your skills and make more money. Similarly, if you’re an entrepreneur, figure out how you can stand out from the competition.

Create a unique selling proposition that nobody else has. Make it a priority to over-deliver to your audience. In my business, I always focus on giving more than I receive. That is the formula for business success.

Which habit of creating wealth will you take action on today?

Keep in mind that you cannot implement these money habits once or twice and then expect to see results. Rather, you need to consistently practice them over the long-term.

There is one thing that I can be sure of… if you commit to building these rich people habits, wealth and financial freedom will flow into your life.

Are you ready to build a successful online business and create long-term wealth? CLICK HERE to take my FREE survey to discover which business is best for you!

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What Mondosol can do for an Owner?

I want to start provoking your curiosity with this simple question: Is Mondosol or the property Owner an Idiot?

Continue reading “What Mondosol can do for an Owner?”
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Who is Ettore Galasso and how he Made €38,320 in 5 Months?

Do you know who is Ettore Galasso and how Mondosol has helped this property owner in less than a year to get approximately 15% of bookings more? 

Continue reading “Who is Ettore Galasso and how he Made €38,320 in 5 Months?”
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A New Year’s Gift Just For You

Did you know 80% of people never set goals for themselves?  Continue reading “A New Year’s Gift Just For You”

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What to learn everyday

Here are the skills to master today in 2021, along with free online courses that can help you build upon them:

1. Futuristic thinking

Futurist thinking is the ability to predict events and trends, and how they might impact your industry and professional development.

While this is a skill that remarkably few people have developed, it’s important to note that futuristic thinking doesn’t require a Ph.D. At the very least, it’s about staying abreast of potential changes and thinking outside the box.

Recommended free courseReady, Set, Future! Introduction to Futures Thinking,
Highlights: Build your understanding of what futurist thinking is, how to collect and analyze signals of change, and identify historical shifts in the past to predict new changes in the future.

(Another course I highly recommend is The Future After Covid, which has received great reviews. Please note that it does charge a $495 fee.)

2. Courageous leadership

Even if you’re not in a managerial role, developing leadership skills has never been more important. In fact, studies show that those with such skills are more likely to get a raise, promoted, or selected to take on additional responsibilities.

It’s important to note that leadership isn’t just about managing a team. It’s also about having the courage to do things like:

  • Push past your comfort zone to take on new roles that will expand your experience.
  • Be honest; tell people what they should hear, not what they want to hear.
  • Take action when it’s needed and cut losses when they need to be cut.

Recommended free courseWhat Great Leaders Do
Cost: Free
Highlights: In this lecture that parallels his book, “Good Boss, Bad Boss,” Stanford professor Bob Sutton unpacks the best habits of beloved and effective managers, and details the worst practices of those who fail to lead.

 3. Emotional intelligence

With the emergence of artificial intelligence and machine learning, the ability to recognize, understand and manage not just your own emotions, but also those of others, has become one of the top skills employers look for.

Strong emotional intelligence skills allow us to understand and interact with our feelings in a way that helps us build quality relationships and make decisions effectively.

Recommended free courseDevelop Your Emotional Intelligence
Highlights: Taking a single online course won’t make you an EQ whiz overnight; it takes patience, practice and commitment. But this introductory program, which explores the components of emotional intelligence and how it can be applied at work, is a great place to start.

4. Interpersonal communication

In a world where communication is mostly taking place on digital platforms such as Slack or Zoom, knowing how to speak clearly and interact with others is key to maintaining interpersonal relationships, successful problem-solving and managing conversations.

Keep in mind that this skill isn’t just about what you say or type to one another, but it’s also about active listening and being attuned to feelings.

Recommended free courseImproving Communication Skills
Highlights: Taught by award-winning Wharton professor Maurice Schweitzer, you’ll build on key communication skills such as how to develop trust, be persuasive, ask thoughtful questions, engage in active listening, and choose the right medium (e.g., videoconferences, phone calls, or emails) for your messages.

5. Cognitive flexibility

According to a report from the World Economic Forum that looked at the future of jobs across nine different industries in 15 of the world’s largest economies, employers will soon be placing more emphasis on cognitive abilities like creativity and adaptability.

Those with cognitive flexibility skills are energized by change and adapt quickly and readily to the unknown. They enjoy experimenting with new things and are able to consider multiple concepts simultaneously.

Recommended free courseIntroduction to Cognitive Psychology: An Experimental Science
Highlights: Knowledge cannot be fully digested if the information is presented out of context. The exercises in this course will not only teach you how to understand complex concepts, but also how to apply them in different settings.

Scott Steinberg is a futurist, keynote speaker on business trends, and bestselling author of “Fast >> Forward,”“Think Like a Futurist,”“Make Change Work for You” and “Becoming Essential.” He is also an award-winning strategic consultant and has been named by Fortune magazine as a leading expert on innovation.

Correction: This article has been updated to show that the Future After Covid course charges a $495 fee.

What to eat everyday for health and wealth

Are you ready to learn what I eat every day to improve your health and energy?

If you’ve ever tried to do anything productive with low energy, you will know that it’s a constant struggle.

This is why I make my health a top priority. Research suggests that regular exercise and a healthy diet can lead to higher levels of productivity, happiness, and motivation.

When you have your health, you have everything. In the words of Jim Rohn, “Take care of your body. It’s the only place you have to live.”

Are you ready to learn powerful morning rituals that will take your life to the next level? CLICK HERE to get instant access to my FREE Imagine Your Dream Book!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from personally. Thank you for your support!

Everyone can eat following this idea.

The nutritional pyramid is a graph that shows the food groups and the quantities needed for our daily needs of carbohydrates, proteins, lipids, vitamins and minerals for a healthy and balanced diet.

The foods at the base of the pyramid are those to be consumed in larger quantities, while the quantity must be decreased as you go up. Even if water is not indicated in the pyramid, it is the fundamental basis of life and you must drink at least 2 liters of it a day.

First level: BREAD / CEREALS / RICE / PASTA
They provide carbohydrates and fiber. You need to ingest 7/12 portions * per day.

Second level: VEGETABLES
They provide carbohydrates, low biological level proteins and fibers. You have to ingest 5 or 6 portions * per day.

Third level: FRUIT
They provide carbohydrates and fiber. It is necessary to ingest 3 or 4 servings * a day and sugary fruit juices and canned fruit must be avoided.

Fourth level: MILK AND DERIVATIVES
They provide calcium, high biological value proteins and fats. Eat 2 or 3 servings * per day.

Fifth level: MEAT / FISH / LEGUMES / EGGS
They provide high biological value proteins (low value legumes), fats and iron, vitamin B12, iodine and zinc. 2 or 3 portions * per day should be taken.

Sixth level: OILS / FATS (butter, dried fruit …)
They bring calories and fat. Dried fruit also provides proteins, some vitamins and minerals. 1 or no serving * should be taken per day.

Seventh level: SUGAR / HONEY / PROCESSED FOODS
They bring a lot of calories. Ingest them a few times a week.

Unfortunately, we live in a culture that promotes overeating. An addiction to fast food, coupled with a lack of interest in physical activity has given rise to an epidemic of obese and unhappy people. Not surprisingly, this unhealthy way of life leads to lower levels of energy, productivity and an inability to achieve one’s goals. I believe that all of us have a responsibility to ourselves to take care of our bodies.

Before I share with you what I eat in a day, I first want to mention that I do intermittent fasting every single day. This means that I restrict food intake for 12-16 hours. There are so many incredible benefits to doing this, one of which is weight loss. A 2018 study found that following the 16:8 diet where dieters fasted for 16 hours and ate regular meals for 8 hours helped obese participants consume 350 fewer calories and lose 3% of their body weight over 12 weeks.

Digestion is one of my biggest problem. 

food healthy nature red
Photo by Nasik Lababan on Pexels.com

I have problems to digest, I always did since I was little. My stomach produce too much acid and gas taking forever to digest. Every year, I go into a liquid diet with shakes that are fast to digest and allow the body to use its stored energy. I also focus on things like detoxing and fat burning. I consume more liquid nutrition that doesn’t have a lot of fiber that my body has to digest. One of the benefits of not putting so much fiber in your body right away is that you can extend your body’s ability to be in a detox mode.

I start my days with water, vitamins and cereals.

Once I open up the eyes in the morning I drink water, healthy tea (green) or juices with some lemon and ginger. I make sure to eat cereals and some vitamins in the food I eat like fruits or supplements. I actually focused on listening self positive affirmation that you can listen in my last course or on my YouTube channel, which I encourage you to check out.

Join the challenge on:

https://www.facebook.com/groups/mondosolempower

https://www.linkedin.com/groups/8961729/

I like to do a walk everyday.

If I’m staying inside or going outside, I always make sure to have a good walk. This ensures that my body is in movement. I have the Samsung Health app on my phone (or you can use another app) to track my steps that will give me the motivation that I need.

After my workout, I like to refuel my body. I’ll eat some cereal bars or make a shake in my Sports Bottle and Shaker with some mixed fruits and water. I avoid dairy altogether. I love to make salads with some sort of protein. My salads always have a variety of different greens. Instead of dressings, I like to put salt and olive oil in my salad. Consuming these foods ensure that I feel energized throughout my entire day.

This is what I eat everyday.

Anything that you want to achieve in life will require a tremendous amount of energy. This is why you master your health. Find what works best for you and commit to taking care of your mind, body, and soul. Your body is one of the greatest gifts that you’ve been given. Take amazing care of it so that you can do more, be more and give more. How will you take better care of your health this week?

Are you ready to learn powerful morning rituals that will take your life to the next level? CLICK HERE to get instant access to my FREE Imagine Your Dream Book!

E-COMMERCE: HOW TO SELL ONLINE

Having a successful E-Commerce business starts with finding the right product.

Inside this blog, I am going to show you how to find quality suppliers and manufacturers to private label a product online.

private label product is one that a retailer gets produced by a third-party but sells under its own brand name.

Private labeling is a great way to build a brand and stand out from the competition.

If you’re ready to build an E-Commerce business that makes you money while you sleep, you’ll want to read this…

Watch the video below:

Are you ready to private label a product and build a successful E-Commerce business? CLICK HERE to find high-quality suppliers on Alibaba!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

This is how to start a private label E-Commerce business.

The private labeling process is simple. Simply put, it involves finding a supplier who is already making a product that you want to sell online. That’s the great thing about private labeling… you don’t have to invent something new.

All you need to do is buy a product from a manufacturer, put your logo on it, and sell it online. At this point, you own the rights to the product. This means that you can customize, package, and design your product however you would like. All of a sudden, you’ve got a product that you can sell anywhere around the world and make money from it.

The best way to find high-quality suppliers and manufacturers online is through a website called Alibaba.com. This is one of the leading global B2B trading E-Commerce marketplaces. Their platform connects buyers from over 190+ countries to millions of suppliers in the world.

Inside this blog, I am going to show you how to do product research on Alibaba.com. I will give you an example of a product that you would find on their website. More importantly, I will tell you what to look for, how to reach out to suppliers, and some key questions that you should ask them.

Watch the video above where I share my computer screen and walk you through an in-depth process of how to find suppliers on Alibaba.com! 

If you don’t yet have a product idea, you can browse the various categories on their website to find potential products. This is what will allow you to determine if there is a market for the product that you’re interested in selling.

Let’s say that you’re interested in boxing. All you would do is click on the category and you will see all of the different products that are available in that category, like mouthguards, a boxing robe, or boxing gloves. You can just browse the website and get ideas for potential products that you could sell online.

Alternatively, let’s say that you already have a product idea and you want to find a manufacturer. You can simply type in the product name in the Alibaba search bar. An example of a product is an ab roller. If you type that product name into the search bar, you will see a lot of different suppliers who are manufacturing it (4,400 results to be exact).

One thing that I really love about Alibaba is that every supplier on their website has a different design and style of product. You may be wondering, “Why aren’t these suppliers selling these products on their own E-Commerce website?”

They aren’t interested in that business. Rather, they specialize in manufacturing. They would much rather source their products to different companies or people like you who can sell products, build a brand, and do the marketing. Suppliers only want to focus on business to business.

Hence, you don’t have to worry about them ever competing with you. Before you sift through 4,400 products, there are a variety of features that I suggest you take advantage of which you can find by filtering your options.

Alibaba.com Features

1. Verified Supplier

One of the most important filter options is the Verified Supplier feature. This will ensure that you get the highest quality suppliers on Alibaba. A verified supplier is someone who has passed on-site verification by top global third-party inspection companies, such as SGS and Intertek.

Also, they give you access to verified videos which means that you can see a supplier’s facilities. When you’re sourcing from different countries around the world it’s good to make sure that a facility is high-quality.

Lastly, with the Verified Supplier feature, you get access to a supplier’s detailed inspection report downloads. This is helpful to get some additional information about the supplier inspection process.

2. Trade Assurance

This is a service that ensures that the payments that you make through Alibaba.com are safe. In the event that you’re not happy with the terms that you and your supplier agreed upon in your Trade Assurance order, Alibaba will get your money back for you. In addition, they will offer their assistance in reaching an outcome that best serves you.

3. Supplier Online Performance Index (SOPI)

This is a data-driven index that presents suppliers’ business performance on Alibaba.com. Their performance is graded based on presentation quality, product popularity, transaction volume, and service quality. It’s classified into six levels – 0 to 5, with 5 being the highest level.

Questions To Ask Suppliers

Before you decide to work with a supplier, it’s critical that you ask a variety of questions to determine their credibility and trustworthiness. Ask the following questions when you reach out to 3-5 potential suppliers whom you are interested in.

  • What is the minimum order quantity?
  • Can you send me a sample to review?
  • What are your product customization options?
  • How much does it cost to ship the product?
  • Are there product customization options?
  • What is the size and weight of the product? 
  • What is your lead time?

*** Keep in mind that, typically lead times are around 25-30 days upon confirmation of a new order. However, suppliers are busier during different times of the year. The busiest times are usually Chinese New Year and Christmas.***

This is how to find quality suppliers to private label a product to sell online.

The world is becoming more and more digital. This means that it’s easier than ever before to start a private label E-Commerce business. Alibaba.com is the best place to find high-quality products to sell online.

If you have the desire to start an Amazon FBA physical products business, I encourage you to check out my FREE Amazon FBA training course to kickstart the process.

It’s time to stop dreaming of what could be and start taking action to create what will be!

Are you ready to private label a product and build a successful E-Commerce business? CLICK HERE to find high-quality suppliers on Alibaba!