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After spending 5 years studying millionaires, I’ve found that there are 3 types of people who end up the wealthiest

Thomas C. Corley, Contributor Sep 8, 2018, 10:18 PM

• To become wealthy there are a few things you have to do with your money. 

• Thomas C. Corley studied and interviewed 233 wealthy individuals over the course of four years and found three common ways they build their fortunes.

• “Saver-investors” focused on having no debt, lived well below their means, and invested and saved for many years. 

• “Virtuosos” were the best of the best in their careers, and worked for companies that gave stock options or owned their own highly-profitable businesses. 

• “Dreamers” were the wealthiest group: They pursued a big dream and made it a reality, which led to some massive gain or income.

What I found is that there were three predominant paths rich people pursued in order to accumulate their wealth.

1. The ‘saver-investors’

Just less than 22% of the rich people in my Rich Habits Study fell into this category. The “saver-investors” all had zero debt, and the passive income generated by their invested savings was enough to meet or exceed their standard of living.

They all had five things in common:

1. They had a low standard of living and

2. They typically made a modest income and

3. Their modest income exceeded their low standard of living and

4. They saved 20% or more of their modest income for many years and

5. They consistently and prudently invested their savings for many years.

It took the Savers about 32 years to accumulate an average wealth of $3.4 million.

2. The ‘virtuosos’

Approximately 27% of the rich people in my study were “virtuosos.” These rich people were virtuosos in their career, industry, or profession. They were among the best at what they did.

These individuals either worked for large, publicly-held corporations, in which a significant portion of their compensation was stock-based compensation or they were entrepreneurs/small business owners with enterprises that were highly profitable.

It took the virtuosos about 20 years to accumulate an average wealth of $4 million.

3. The ‘dreamers’

The “dreamers” were by far the wealthiest group in my study. Approximately 51% of them were individuals who pursued some big dream and were able to turn that dream into a reality. Their dream eventually provided them with an enormous amount of income, profit, or gain, and they accumulated an average of $7.4 million in about twelve years.

The point to all of this is: There is more than one way to skin a cat. If you’re risk averse, it does not disqualify you from becoming rich. If you have no dream or you’re not interested in saving your way to wealth, becoming a virtuoso in what you do for a living can make you rich. If you are not a saver or a virtuoso, pursuing some dream that makes your heart sing can also make you wealthy.

If you want to be rich, the only important thing is to pick one path that works for you and stick with it for many years. The one common denominator all levels of wealth shared was time — it took many years to accumulate their wealth.

Source: https://www.businessinsider.com/3-ways-to-build-wealth-2018-7

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Richard Branson’s 3 Best Tips for Overcoming Self-Doubt

Richard Branson

Richard Branson

The Virgin founder and all-around adventurer’s best tricks for pushing past self-doubt.

As Richard Branson’s recent trip to space proves, the Virgin founder and all-around adventurer isn’t the kind of guy to let doubt stand in the way of an outlandish goal. But just because Branson personifies the swashbuckling, risk-taking entrepreneur, that doesn’t mean he never experiences self-doubt. 

Like his fellow space company founder Elon Musk, Branson confessed recently on LinkedIn that he, too, is human and is sometimes haunted by doubts. He just refuses to be stopped by them. 

So how does he overcome fear when it threatens to stand in the way of his outsize dreams? His first move, he writes, is to remind himself “of all the brilliant innovations and discoveries that would have come to nothing if their inventors had given in to their doubts.” His next is to try a handful of practice fear-busting techniques he graciously shares with readers. 

1. Talk it out.

Left in your head, doubts can metastasize or return in an endless loop of unproductive rumination. Rather than worry over the same fear over and over again, it’s better to let the air in with a little conversation and a fresh perspective.  

“It’s always a good idea to discuss any doubt you have with colleagues and friends, and to really listen to their feedback,” Branson advises. “If you feel more confident after these conversations, take a ‘screw it, let’s do it’ attitude and push your doubts to the side.” 

2. Examine your doubt.  

And what if your doubt lingers? Then maybe it’s time to listen to it. Sometimes doubt is there for a reason, Branson acknowledges, and the best way to deal with it is to actually solve whatever issue is causing you to worry. 

“Your doubts may signal a niggling problem that needs to be addressed. If you demand proof from your doubt, you’ll be able to either squash it or solve the problem. Either way, your dreams and ideas will be better for it,” Branson writes, recalling a time in the early days of Virgin Atlantic when a moment of doubt led to a business-saving course correction. 

3. Take a break. 

Like any good Brit, Branson’s final suggestion starts off with a suggestion to “get a cup of tea.” But don’t worry if you’re not a fan of hot steeped beverages. The point isn’t the cuppa, it’s the idea that sometimes the best solution for negative thoughts and tough obstacles is a little distance. 

“Whenever doubt starts to get the better of me, I find exercise really helps. I’ll get on my bike, play some tennis, or have some downtime with my family. This is often when my best ideas come to me as well!” Branson continues. 

He’s far from the only achiever to notice the magic powers of a change of scene, a little exercise, and some time out of doors. A host of thinkers from Charles Darwin to Steve Jobs to Albert Einstein have recommended a little hiking, sailing, or bike riding whenever you’re hung up on a problem or worry. 

Science shows nature reduces stress, exercise makes us smarter, and rhythmic activities that demand some but not all of our attention — like walking or shampooing your hair — can help shake out creative ideas. No wonder taking a break can actually be the fastest, best way to work your way around self-doubt. 

Source: www.inc.com/jessica-stillman/richard-branson-self-doubt-fear-confidence.html

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Win lose or draw

Win Lose or Draw

Win Lose or Draw
Win Lose or Draw

Win, Lose or Draw is an American television game show that aired from 1987 to 1990 in syndication and on NBC. It was taped at CBS Television City (one of the few non-CBS game shows to tape there), often in Studios 31, 33, and 43 at various times.[3] It was co-produced by Burt & Bert Productions (headed by Burt Reynolds and Bert Convy, the original host of the syndicated version) and Kline & Friends for Disney’s Buena Vista Television. It has also had two versions on The Disney Channel: Teen Win, Lose or Draw from 1989 to 1992, and a revived version known as Disney’s Win, Lose or Draw which aired in 2014.

The set for the original Win, Lose or Draw was modeled after Burt Reynolds’ living room.

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COVID -19: Fabric masks should have three layers of different material

10 JUN, 2020 – 04:06 

Roselyne Sachiti

Fearures, Health and Society Editor

The World Health Organisation (WHO) has published an updated guidance on the use of face masks for control of COVID-19.

WHO  wearing masks properly
WHO do’s and don’ts

In his opening remarks at a media briefing on Covid- 19 last Friday, WHO Director-General Dr Tedros Adhanom Ghebreyesus said the guidance is based on evolving evidence, and provides updated advice on who should wear a mask, when it should be worn and what it should be made of.

He said WHO has developed this guidance through a careful review of all available evidence, and extensive consultation with international experts and civil society groups.

“I wish to be very clear that the guidance we are publishing today is an update of what we have been saying for months: that masks should only ever be used as part of a comprehensive strategy in the fight against COVID.

“Masks on their own will not protect you from COVID-19,” he emphasised.

He said the updated guidance contains new information on the composition of fabric masks, based on academic research requested by WHO.

“Based on this new research, WHO advises that fabric masks should consist of at least three layers of different material. Details of which materials we recommend for each layer are in the guidelines.”

According to the latest guidelines, cloth masks should consist of at least three layers of different materials: an inner layer being an absorbent material like cotton, a middle layer of non-woven materials such as polypropylene (for the filter) and an outer layer, which is a non- absorbent material such as a polyester or a polyester blend.

“Fabric cloths (e.g., nylon blends and 100 percent polyester) when folded into two layers, provides 2-5 times increased filtration efficiency compared to a single layer of the same cloth, and filtration efficiency increases 2-7 times if it is folded into 4 layers. Masks made of cotton handkerchiefs alone should consist of at least 4 layers, but have achieved only 13 percent filtration efficiency. Very porous materials, such as gauze, even with multiple layers will not provide sufficient

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These Three Things Need to Happen Before Stocks Bottom Out, Credit Suisse Says

By Callum KeownUpdated March 16, 2020 10:29 am ET / Original March 16, 2020 9:58 am ET

When will stocks reach the low and what will the recovery look like?

Workers wearing protective gear in South Korea.ASSOCIATED PRESS
Workers wearing protective gear in South Korea.ASSOCIATED PRESS

Credit Suisse said it needed to see three conditions required for a trough in global stocks:

1. Clear-cut fiscal easing in the U.S. — which happened late on Sunday;

2. A peak in daily infection rates

3. A trough in global purchasing managers indexes, which it said could happen in May.

In the severe acute respiratory syndrome crisis, markets bottomed out a week daily new infections hit a peak, the bank’s research analysts said.

“We expect a V-shaped recovery ultimately and would be buyers of equities on a one-year view; we believe markets will rise 15-20% over the next 12 months. 

“Historically when we look at exogenous supply-side shocks, markets tend to rise very rapidly from the trough (SARS, Kobe earthquake, Suez, 1987),” they said.

The analysts, led by Andrew Garthwaite, favored stocks in Asia (a commodity-importing region on top of the virus) relative to Europe. In a new realistic worst-case scenario, U.S. earnings would drop 20% and the S&P 500 would fall to 2,200 points, they added.

They also expected “massive” monetary and fiscal stimulus. “This should enable a V-shaped recovery that by the end of 2021 could make up for much of 2020’s lost growth,” they said.

Source: https://www.barrons.com/articles/these-three-things-need-to-happen-before-stocks-bottom-out-credit-suisse-says-51584367103

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Coronavirus can stay infectious for 3 days on surfaces. But it’s still okay to check your mail.

March 13, 2020 at 8:00 AM EDT

Excerpt: Scientists studying the novel coronavirus are quickly uncovering features that allow it to infect and sicken human beings. Every virus has a signature way of interacting with the world, and this one — SARS-CoV-2, which causes the disease covid-19 — is well-equipped to create a historic pandemic.

Corona virus covid-19
Corona virus covid-19

The coronavirus may take many days — up to 14 — before an infection flares into symptoms, and although most people recover without a serious illness, this is not a bug that comes and goes quickly. A serious case of covid-19 can last for weeks.

This coronavirus can establish itself in the upper respiratory tract, said Vincent Munster, chief of the Virus Ecology Section of Rocky Mountain Laboratories, a facility in Hamilton, Mont., that is part of the National Institute of Allergy and Infectious Diseases. That enables the virus to spread more easily through coughing and sneezing. Munster and his colleagues have been studying the novel coronavirus under laboratory conditions to better understand its viability outside a host organism — in the air and on surfaces.

Those experiments found that at least some coronavirus can potentially remain viable — capable of infecting a person — for up to 24 hours on cardboard and up to three days on plastic and stainless steel.

Source and to read more: The Washington Post at https://www.washingtonpost.com/health/coronavirus-can-stay-infectious-for-days-on-surfaces/2020/03/12/9b54a99e-6472-11ea-845d-e35b0234b136_story.html


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Up the duff

up the duff. (Britain, Australia, New Zealand, Newfoundland, colloquial, slang) Pregnant. The expression UP THE DUFF originated in Australia in the 1940s.

Duff. If you describe something as duff, you mean it is useless, broken, or of poor quality. “Sometimes you have to take a duff job when you need the money.” [British, informal, disapproval]

Up the Duff by Kaz Cooke

Up the duff
Up The Duff

First published in 1999, Kaz Cooke’s best-selling Up the Duff is firmly established as the most loved and trusted book for Australian and New Zealand women on pregnancy.

This 20th-anniversary edition has been fully revised and updated. Australia’s most trusted advisor on women’s health delivers the lowdown on pregnancy, birth and how to best prepare for life with a baby. There’s no bossy-boots advice – just lots of cartoons and the soundest, sanest, wittiest advice you’ll ever get.

Kaz Cooke
Kaz Cooke

Inside there’s the crucial week-by week info on what’s happening to you and the baby, coupled with the hilarious diary of Hermoine the (even more) Modern Girl, and everything you need to know about preparing for pregnancy and birth:

Read more Up the Duff by Kaz Cooke at the link below…

Source: https://www.penguin.com.au/books/up-the-duff-2020-edition-9780143795339
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Content Delivery Network (CDN)

A content delivery network or content distribution network (CDN) is a geographically distributed network of proxy servers and their data centers. The goal is to provide high availability and high performance by distributing the service spatially relative to end-users. CDNs serve a large portion of the Internet content today, including web objects (text, graphics and scripts), downloadable objects (media files, software, documents), applications (e-commerce, portals), live streaming media, on-demand streaming media, and social media sites.

Global content delivery network
Global content delivery network

Google Hosted Libraries

The Google Hosted Libraries is a stable, reliable, high-speed, globally available content distribution network for the most popular, open-source JavaScript libraries.

Google works directly with the key stakeholders for each library effort and accepts the latest versions as they are released.

Libraries

To load a hosted library, copy and paste the HTML snippet for that library (shown below) in your web page. For instance, to load jQuery, embed the 

<script src=”https://ajax.googleapis.com/ajax/libs/jquery/3.4.0/jquery.min.js“></script>

snippet in your web page.

We recommend that you load libraries from the CDN via HTTPS, even if your own website only uses HTTP. Nowadays, performance is fast, and caching works just the same. The CDN’s files are served with CORSand Timing-Allow headers and allowed to be cached for 1 year.

Global content delivery network
Global content delivery network

Best CDN Providers To Speed Up A Website

  • Cloudflare. Cloudflare is a highly reliable CDN service provider for protecting your website and boosting its performance even under Free plans. … 
  • MaxCDN. … 
  • Cachefly. … 
  • Rackspace. … 
  • Key CDN. … 
  • Akamai. … 
  • Amazon CloudFront. … 
  • jsDelivr.
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Fresh air with three plants – How to grow fresh air

With its air-filtering plants and sustainable architecture, Kamal Meattle’s office park in New Delhi is a model of green business. Meattle himself is a longtime activist for cleaning up India’s air.

– Kamal Meattle

Researcher Kamal Meattle shows how an arrangement of three common houseplants, used in specific spots in a home or office building, can result in measurably cleaner indoor air.

How to grow fresh air Kamal Meattle

Areca Palm, Mother-in-law’s Tongue, Money Plant
Areca Palm, Mother-in-law’s Tongue, Money Plant

Source: www.ted.com/talks/kamal_meattle_on_how_to_grow_your_own_fresh_air

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Three privacy tools that block your Internet provider from tracking you | PCWorld

It’s official: Congress has sold you out to Internet service providers, passing a bill that dismantles Internet privacy rules and allows ISPs to sell your web history and other personal information without your permission. Assuming President Trump signs the bill into law, it means anyone concerned about privacy will have to protect themselves against over zealous data collection from their ISP.

Some privacy-conscious folks are already doing that—but many aren’t. If you want to keep your ISP from looking over your shoulder for data to sell to advertisers, here are three relatively simple actions you can take to get started.

* Use HTTPS Everywhere

* Get a paid virtual private network

* Adjust your DNS (Cloudflare is a public DNS at 1.1.1.1)

— Read on www.google.com/amp/s/www.pcworld.com/article/3184767/security/three-privacy-tools-that-block-your-internet-provider-from-tracking-you.amp.html

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The Elevator Pitch – WOW, HOW, NOW APPROACH

elevator pitch - wow how now

Elevator Pitch
Elevator Pitch

Offered by Brian Walter, the prominent coach speaker, it is probably the simplest way of attracting your audience to your business plan. According to this approach, your presentation should be split into three stages:

An elevator pitch is a universal tool that can be employed in any networking opportunity. Thus, share it with your team so that everyone is prepared to pitch it as soon as an opportunity arises.

The most important point, however, is to remember that the core aim of your pitch is to show the value proposition your idea creates. So don’t try to hide it by digressing into irrelevant matter.

WOW. At this stage your main purpose is to attract a person’s attention by making a compelling and often surprising statement that will make them want to find out more.

HOW. Explain what it means and state what your role is in the process.

NOW. Use storytelling to tell a real-life example of how your idea works.

Brian Walter

ABOUT BRIAN WALTER

A hiiiiiiighly humorous Extreme Emcee and infotainment expert who makes YOUR meeting memorable

He’s a Guinness Book of World Records holder for producing the world’s shortest TV commercial. Brian has earned the elite Certified Speaking Professional (CSP) designation from the National Speakers Association, and is also a member of Meeting Professionals International.

Source: https://www.espeakers.com/s/nsas/profile/12250

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Donald Trump – Delegitimize the Media, Whataboutism, Trolling – John Oliver on Last Week Tonight

John Oliver

John Oliver Last Week Tonight
John Oliver Last Week Tonight

John Oliver – Donald Trump

John Oliver on Last Week Tonight discusses how President Donald Trump uses three key divisive issues to control the narrative.

  1. Delegitimize the Media,
  2. Whataboutism,
  3. Trolling

Donald Trump - Delegitimize the Media, Whataboutism, Trolling - John Oliver

Source: HBO Last Week Tonight