Steve Chou of My Wife Quit Her Job shares millionaire success habits and how one simple change can lead to business success.
Episode 1516: Millionaire Success Habits & How One Simple Change Can Lead To Business Success by Steve Chou of MyWifeQuitHerJob
Steve Chou of My Wife Quit Her Job carries both a bachelors and a masters degree in electrical engineering from Stanford University, but spent a good portion of his graduate education studying entrepreneurship and small business. When he and his wife had a child, they launched an online store to supplement their income, and quickly replaced Steve's wife's income stream through the new business. Steve blogs about it all at MyWifeQuitHerJob.com
The original post is located here: https://mywifequitherjob.com/your-habits-and-how-one-small-change-can-lead-to-long-term-success/
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
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This is optimal, living daily episode, fifteen sixteen millionaire success habits and how once
will change can lead to business success by Steve two of my wife, Quitter job dot com and adjust them all
personal narrator reading to every day, including holidays
If you drink more rare author, for this show, Steve usually writes about business. Miss one technically is about that too. But
fit for a well diesel at that us get right to it as well.
The Miser life
million.
success habits and how one simple change can lead to business success by Steve two of my
quit her job. I come if you better,
Peter of my wife, Quitter job dot com since the early days? He probably remember that are used to refer to myself as a lazy piece of now, depending on the person, laziness can have different definitions,
to some people being lazy sitting around and watching television. All that too
people being laziest staying in bed and not getting up until the afternoon to some people be
lazy is wanting to make a change and not doing anything about it. But to me, laziness as partners
bidding and activities that have absolutely zero long term value as part of running this blog complete strangers often asked me for life, changing advice, and I would say if you wanna, make positive changes to your life. You have to avoid being lazy if your unsatisfied with this
let us also think about how you spend your time, because, where you spend it will ultimately determine where you'll end up
is one among many millionaire success habits and have adopted to achieve business success. My story when I first graduate from college I fell into this
to a routine, we're out, come home from work, eat dinner, watch television
play video games
bed and then repeat a cycle day in and day out. But the funny thing is that I didn't feel stagnant at all. In fact does actually pretty darn happy with my life I'd spending cash, a good job
friends and all the video games I can play. I know responsibilities whatsoever and I love the fact that I was not obligated to do anything. In fact, I spent
so my early twenties playing video games, and I could do it all day enough
bad about it when my favorite games of all time was called civilization and probably spent well over six hours a day playing it at my peak on we
weakens the word a different story undisturbed. I could easily sit
from my computer for eighteen hours straight as an added and sometimes even further
but to eat and drink, what's fun might be holding you back in fact of
Do things all over again, I would have loved to reclaim all of those lost hours, because playing video games had no beneficial impact. On my life, I do
anything thinking any knowledge that would further my career and become a better person because of it. In reality it had the opposite effect. I became anti social, the camp
bitter became my best friend and the meaningless accolades. The game presented to me were worthless
in real life, the long term effects of time wasting habits, we all have our habits and we all tend to gravity towards leisurely.
activities is easier ways, time and be lazy, but what would happen
up into my life? If I continued my all day, game playing ways apply windows,
my wife, a deadly were not
Danny my businesses Nepali were not
the breadth of knowledge that I have today was fun
the entertained? It's really easy to get stuck
you're right. When you routinely participate in activities, they dont have long term benefits activities,
where you aren't learning. One might think that a few
hours. It's here in a few hours. There's not that big a deal it all adds up over time. Think about it. This way a few hours
wasted a day for fifteen years as too well overdue,
a thousand hours, if you believe in Malcolm Gladwell,
thousand. Our hypothesis, you give completely mastered a skill during that time.
The thing you need to realise that even small changes to your lifestyle can have a profound effect on your long term. Success. Do you want to look back on you
life, knowing that you wasted all your time playing meaningless games are watching tv or would you rather look
back and appreciate all the knowledge gained. What, if
Fortunately ask myself this question all the time. What if I spent all that
Reading business books instead,
if I learned a new computer language are studied the stock market? What if I became interested in real sate investing during the boom
if I start my own business back when I was younger, maybe
life would have been as relaxing. Maybe it would have been as leisurely, but I would have become a much better idea
hated person sooner rather than later, and who knows
they could have been a billion are by now, but as it stands, I wasted a good
portion of my time on low benefit and low value activities, that
very little to my life? In fact, I feel lucky. Does it
will it turn things around by making certain changes to my habits?
making the most of my time today. I make a lot better use of my time, their waste much less of it. Don't get me wrong. I still watch television and I still play an occasional video game.
The difference is now set aside some time every day to learn a new skill or trade. If, yes, my wife,
probably tell you that I've taken as new habit to an extreme, for example, instead of reading fiction or short stories,
pretty much, only read business books and technical manuals. Now on my last vacation, I took a book along with me:
call Jake Weary Inaction great book by the way
Learn more about web development. Is it of serving entertain minting
ass of websites and our focus on E commerce
This and personal development websites. These habit,
are now so in green into my routine that I don't even think about it anymore. Now, part of my personality,
also lot more selective about what I do with my leisure time. My kids in family come first and I spend most of my time with them.
Kosovo is a large part of my leisure time, strengthening friendships and forming new ones for the past decade of had no regrets and it's nice to look back to see
much. I've learned gradually over a long period of time, small changes can have a big impact. So what's my point, leisure time is great.
but it needs to be balanced with learning. Very few people are willing to. China
because they want to be able to see results right away, but unfortunately,
life does not work that way. If you want to change your life, you first have to change your habits and when it comes to changing her habits,
look at things with a multi year time horizon. Even the smallest
today, to have a profound effect on your future many years down the line it doesn't.
much just set aside an hour every day to expand upon your knowledge and learn
something new for every activity that you participated, decide whether that
activity will benefit you in the long run or weathers
a star waste of time
And the sooner you make that small change, the sooner you will reap the rewards
you do
listen to the Poles, titled, millionaire success habits and how one simple change can lead to business. Success by Steve two of my wife Quitter job die. Come a real, quick thanks to anchor for hosting this pod cast anchor is the easiest way to make upon cast they'll distributor pod cast for you, so can be heard everywhere. Spotify Apple, podcast, Google Pie cast an many more. You can easily make money from your bike ass to with no minimum listener. Ship anger gives you everything you need in one place for free, which it can use right from your phone or computer creation tools like to record and edit your podcast, so it sounds great download the anchor app or go to anchor dot fm to get started. Thank you to Steve Great Post and great. I've met him a few times now, both at Fink on the personal financed conference, which is having a long beach. California, this year, which is nice, that's close to where I live,
I fully agree just a little bit each day will add up the bit why I started this podcast actually to help. You add just that little bit of positivity and good information to your day each day, because it does add up another article coming up soon, that we'll talk more about that. So that should do for today hope you're having a great day and I'll be back tomorrow as usual, or your optimal life awaits
Transcript generated on 2020-10-18.