Research & Analysis
If you want to be a millionaire, start thinking like one

Your earning potential doesn't start with your job — it begins with your mindset.

So, if you want to become a millionaire, it doesn't hurt to start thinking like one.

In "The Top 10 Distinctions Between Millionaires and the Middle Class," Keith Cameron Smith shares the insights he gleaned from spending two years working with and studying the ultrarich, including the attitudes that distinguish their ways of thinking from that of the average person.

If you want to set yourself up for success, click ahead for four millionaire mindsets to adopt.

Millionaires think long term

Wealthy people don't only think about the present. They also consider the potential of the future. That means setting goals that might span years or decades, not just weeks or months. According to Smith, the longer you can stretch your thinking into the future, the richer you will become.

That's because long-term goals force you to grapple with big-picture questions such as, "How can I double my income this year?" instead of short-term issues, such as, "How am I going to pay my bills this month?"

Smith finds that millionaires are willing to put temporary comfort on hold to seek out long-term financial freedom. And that mindset speaks to an important trait many millionaires share: patience.

"Middle-class people want instant gratification," Smith writes. "I was like that for many years. Whatever I wanted, I charged to my credit card or put a little bit down and made payments on the balance. Now I wait for the things I want because my goal is more freedom, not comfort.

"Rich and very rich people have developed the discipline of delayed gratification."

Millionaires embrace change

Whether small or big, change can be intimidating. While the middle class tends to fear change, millionaires view any type of change as opportunity, Smith says.

"The problem with the middle class is it assumes change will be negative most of the time," Smith writes. "Millionaires assume that all change, positive or negative, will benefit them."

Learning to welcome change, and welcome the growth that often accompanies it, builds confidence, which Smith says is key.

"Confidence is acquired through preparation and hard work," Smith writes. "Confidence is the result of working on yourself. It is the benefit of proving yourself to yourself. It is knowing you can handle whatever comes your.

Posted by Pete Agape at Apr 07, 2017 6:18 AMCategory: Philosophy
Tags: If you want to be a millionaire, start thinking like one

Life isn't always simple, is it? But even all the twists and turns of life can lead to great outcomes.

Learn: you will receive an outstanding legal education from acclaimed faculty.

Challenge: you will be taught to critically evaluate prevailing orthodoxy and pursue new ideas.

Lead: you will be prepared to distinguish yourself in your chosen field.

Life isn't always simple, is it? But even all the twists and turns of life can lead to great outcomes.
Posted by Pete Agape at Apr 15, 2016 3:08 AMCategory: Other
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Weak Bones: Four Signs To Watch Out For

"Approximately One in Every Two Women Over the Age of 50 Will Break a Bone Because of Osteoporosis." –

Do you know if your bones are healthy or not?

Here's How to Find Out...

If you have any doubts, one way to assess your bone health is to get a bone density scan (DEXA).

The National Osteoporosis Foundation (NOF) recommends all women age 65 and older and men age 70 and older take a bone density test. Unfortunately there's a problem with this piece of advice.(1)

Let me explain...

When you reach your mid-thirties you begin to lose 1% of your bone mineral density every year until death. That means that by the time you're 65 and have a test, you will most likely already have osteoporosis.

Talk about too little too late!

So while the NOF recommends testing your bone mineral density very late in life, we believe you should learn to listen to your body as early as possible and not ignore its signs. (Not to mention getting a DEXA scan a little earlier!)

Here are four common signs and symptoms of early bone loss you can watch out for:

Sign #1: Your Height.

Have you gotten shorter? It's normal to lose a little height as we age, but too much height loss is a warning sign of a spine fracture (a broken bone in your back). I'm sure you're thinking, "I would notice if I broke a bone in my back," but according to Osteoporosis Canada, you may not be aware of a broken bone in your back because 66% of these breaks are painless! (2)

Sign #2: Brittle fingernails.

The most common reasons for brittle fingernails is hormonal changes and nutrition. Women who are going through menopause have fluctuating estrogen levels that affect nail strength. Also, brittle nails can be caused by nutritional deficiencies so it's important to maintain a balanced diet that is rich in protein, calcium, vitamin C and healthy fats.(3)

Sign #3: Receding gums.

Research suggests a link to osteoporosis and bone loss in the jaw. If your jaw bone is deteriorating, our gums follow suit and and begin to recede, giving you a major warning that something is wrong.(4)

Sign #4: Grip strength.

In a recent study, grip strength was an indicator of overall bone density. If your grip strength has weakened, it may be a sign that your bones are getting weaker as well. The study also found that people who exercise had a significant increase in grip strength over.

Posted by Pete Agape at Oct 13, 2015 12:20 PMCategory: Health and Fitness
Tags: Weak Bones: Four Signs To Watch Out For top

Wearables in the Workplace

Your company's most precious resource is your people — give them the clarity of purpose they deserve. Provide ongoing feedback, insight into the strategy and the freedom to decide how their goals can help achieve the vision.

Getting set for his 40-yard dash, the Heisman Trophy winner Cam Newton leaned into a sprinter's stance and swept his left arm upward, ready for the downward thrust that would launch him off the line. The Forty, as insiders call it, is the premiere test of raw speed. Newton's burst at the 2011 NFL Scouting Combine showed that he has plenty of it: He covered the distance in 4.59 seconds.

Newton's athleticism has since been on display with the Carolina Panthers, which made him the first pick of the 2011 draft. But team managers didn't have to rely on stopwatches to judge his quickness. Woven into his red Under Armour shirt were sensors that transmitted real-time statistics on the physics and physiology of his performance to the computers of scouts, coaches, and league officials. How much power was in Newton's fourth stride compared with his 14th? At what points were his legs out of sync? How did his heart rate and breathing compare with competing prospects' at each millisecond? Charts and other graphics covered the screens, offering answers. Five years ago scouts assessed players' Forties solely on the basis of time. Today an array of wearable sensors offer them rich data about every inch of a player's sprint.

The scene is a harbinger of the widespread use of what I call physiolytics, the practice of linking wearable computing devices with data analysis and quantified feedback to improve performance. Physiolytics grew out of two trends. The first is a wave of innovation in wearable technologies. Current items range from sensors in shoes (such as Nike+, used by runners to track distance, speed, and other metrics) to smart bracelets (such as BodyMedia's FIT, which deploys IBM algorithms and crunches 7.2 million physiological data points a day). The second trend is big data, though in physiolytics, the analysis starts with a sample size of one.

For an NFL prospect looking to earn millions a year, it's obvious why obsessing over fractions of seconds could be worthwhile. But physiolytics is spreading to workers in factory and office settings as well. As it does, it represents the next evolution of the time and motion studies done by the efficiency expert Frederick Taylor a century ago. Taylor examined iron.

Posted by Pete Agape at Oct 13, 2015 11:39 AMCategory: Technology
Tags: Wearables in the Workplace top

Where Are the Female Leaders?

It isn't easy to tackle an issue like "women and leadership," where the problems seem intractable, the discussions often fraught.

Although women have made many gains over the years, they remain distressingly underrepresented at the top levels of institutions around the globe. In corporate America, for example, women hold only about 15% of C-suite jobs and 17% of board seats.

Explanations for the paltry numbers vary widely. Sheryl Sandberg, the Facebook executive featured in an HBR interview in April, has famously argued that women must learn to "lean in"—to develop behaviors that will help them move up the ladder. Anne-Marie Slaughter, of Princeton, ignited widespread debate by contending that women can't make significant progress without fundamental changes to the structure of organizations and society.

Our Spotlight this month is dedicated to the problem. Rather than lament the lack of progress, we point to what we believe are practical new solutions.

In the lead piece, a trio of authors—Herminia Ibarra, Robin Ely, and Deborah Kolb—identify what they believe to be a central cause of the leadership gap. Their research shows that persistent gender biases in organizations and society disrupt the learning cycle that is normally part of becoming a leader. They suggest some steps companies can take to turn things around.

In a related article, Boris Groysberg and Katherine Connolly draw lessons from 24 CEOs known for their deep commitment to inclusion. They interviewed them to explore why they had made diversity a priority and how they had accomplished their goals. To a person, the leaders had adopted inclusiveness as a mission—as a moral imperative and, no less critically, as a way to stay competitive.

Our package grew out of efforts conducted by Harvard Business School over the past year to commemorate the 50th anniversary of its decision to accept women to its two-year MBA program. HBS has initiated research projects, developed new courses, and convened a major summit, all aimed at accelerating the advancement of female leaders around the world.

Closing the leadership gap is a formidable challenge. But there's no excuse for accepting the status quo

Posted by Pete Agape at Oct 13, 2015 11:28 AMCategory: Business
Tags: Where Are the Female Leaders? top

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