The genius of entrepreneurial thinking is to give people a product that they never knew they needed. PopSockets CEO David Barnett has become a master at this and was recently given an entrepreneur of the year award by Ernst & Young Global Limited for his contribution to consumer products in the retail category.
The founder, inventor, and CEO of the Boulder-based phone accessory firm PopSockets has gone from philosophy professor to entrepreneur for creating products that have garnered much success over the past few years.
Award-Winning PopSockets Products
PopSockets has become a major player in the phone accessory industry for their collapsible attachments that can be used as grips, stands, and a cord wrap. Since the company’s founder and CEO David Barnett first launched the company and products back in 2014, they have seen massive growth of over 800%.
This week David Barnett received the Ernst & Young Entrepreneur of the Year award in the consumer products and retail category. The award is geared toward recognizing those who create products that have an impact on global economic engines.
The success of the PopSockets products over the past few years has been truly remarkable. The products have become phenomenally popular. David Barnett routinely gives a percentage of his profits to charitable causes such as charities that deal with arthritis, ALS and Parkinson’s disease.
David Barnett Goes from Philosopher to Inventor
PopSockets CEO David Barnett was initially a philosophy professor at the University of Colorado where he originally started work on PopSockets ideas.
How did the investor and entrepreneur go from philosophy to inventing accessories for phones? David Barnett told Ernest & Young that:
“Philosophy is just clear thinking. It’s that same drive to figure out how things work. To grasp the fundamental building blocks of the universe.”
That’s quite a philosophical answer! What did you expect?
The irony is that Barnett also told Ernest & Young that he is not really much of a tech geek and doesn’t ever feel the need to buy the latest phone or tech gadgets.
His initial plan was to create a good company and sell it for a vast profit, however, his success has encouraged him to stick with the products and develop them even more. PopSockets CEO David Barnett might not be your archetypal entrepreneur, but he is now an award-winning one.
Denise Coates, co-CEO and founder of UK betting firm Bet365 earned $279 million in 2017 alone, making her the highest paid executive in the UK, and the highest earning female CEO in the world.
The $279 million outstrips Apple founder Tim Cook’s salary for 2017 at just $12.8 million. Coates also earned a $57 million in dividends from her 50% stake in Bet365, which is not a public listed company.
The 51-year-old executive, mom to four adopted children, has a net worth of $3.6 billion. In comparison, the net worth of the iconic Apple CEO Cook pales at $625 million off the back of his $1 trillion-dollar computing and mobile phone business.
Coates was also named 388th on Forbes Billionaires list for 2018 and 69th in the Richest in Tech 2017 list. A trained accountant, she took over some of her family’s betting shops in the UK before selling them to then betting giant Coral. Coates went on the launch the Bet365 website in 2000, a website that generated $3.2 billion in revenue in 2017.
The gambling market in the UK is 32% of the global gambling industry and the largest country market in the world, one that generated $17.7 billion in the year to September 2016. In the 12 months leading up to March 2017, Bet365 generated $2.8 billion, illustrating its massive market share of the UK and global betting market.
An Irresponsible Salary?
With “problem gamblers” costing the UK government up to $1.5 billion per year in 2016, according to GambleAware, the salary of Coates draws attention.
UK Liberal Democrat political party leader Vince Cable described the CEO’s earnings as
“Irresponsible and excessive.”
Cable believes the gambling industry needs much tighter regulation, something that could restrict Bet365’s and in turn Coates’ earnings, of the high industry salary he added:
“In any circumstance it is hard to justify, but more so given the money comes from people struggling with compulsive gambling.”
Others have stepped up on Twitter to defend Coates, according to CNN reporting, pointing to the work of the CEO and her Stoke-On-Trent, UK, based business.
Denise Coates has built a world class business from nothing but an idea. She has built that world class business right here in Stoke on Trent. Yes it's an exceptional, mind-boggling salary but don't overlook what an exceptional mind-boggling achievement it is. #bet365
Coates is one of the more private global high earners, she gained a degree in Econometrics from the University of Sheffield before beginning at the bottom in her family’s betting shop business. She learned accountancy and eventually took over the company, Provincial Racing, as Managing Director in 1995. She turned around the business, expanding by acquiring a neighbouring betting business.
A Gamble on Gambling…
Speaking in a past interview when questioned on her role in the male-dominated betting industry Coates said:
“I never gave it a second thought. It didn’t cross my mind. I probably had a few [meetings] at first where I had to put somebody right – but I knew my business, so it wasn’t a problem. I just wanted to get on with making my business successful.”
When launching Bet365 Coates obtained a loan, using her family business as collateral, a gamble on internet-based betting, which of course has now paid off. Coates reportedly said:
“We knew the industry required big startup costs but… we gambled everything on it. We were the ultimate gamblers, if you like.”
Honoured by the Queen
Though Coates’ salary has been criticised it’s hard to deny the CEO has both worked her way up and worked hard to launch an extremely successful business. Like many successful business founders, she has worked around the clock. Coates has said:
“You start a 24/7 business and you work 24/7. When you’re not here [in the office], you take calls in the middle of the night, regularly – that’s how the early days were. I’ve worked harder than you can possibly imagine.”
Coates formed her charity, The Denise Coates Foundation in August 2012 which has donated the equivalent of $128 million to twenty causes in the UK and abroad, including to cancer charities and hurricane relief programmes.
She’s also brought 3,000 new jobs to an area of the UK that declined dramatically in recent decades. Coates was awarded a “Commander of the Order of the British Empire” (CBE) in 2012 for services to the community and to business and has also been awarded an honorary doctorate from Staffordshire University.
Apple CEO Cook is unlikely to begrudge Coates her success. He has the most profitable business in the U.S, one that brought in more than $49 billion in net income in 2017.
The Twenty20 (T20) between India and Australia started yesterday with a bang. Australia came away with 4 more runs than India, but there is a lot of cricket left to play down under.
Virat Kohli is leading India in Brisbane. He is the highest paid athlete in India, and has a net worth that is in excess of $60 million USD according to MSN.
Famous for his aggressive speech, Virat Kohli was reportedly told by the BCCI to tone down his penchant for fanning the flames before an event. All involved deny the rumour. If it is true, then whatever Virat Kohli was told, it has done little good. He was quoted by The Telegraph as saying,
“Aggression depends on the situation on the field. If the opposition is aggressive towards you, then you counter it. We have never been a team that started anything, but we always draw a line at our self-respect. If we feel that someone is crossing that line, then we stand against it,”
whatever that means in practical terms.
T20 India Team Looks Strong
Despite all the drama surrounding possible financial misdeeds by shady figures in the IPL and Virat Kohli, the Indian T20 skipper has vowed to make-up for their sub-par performance against England.
Australia is down two of their strongest players, who were banned from league play for a year.
The ban against top-level batsmen Steve Smith and David Warner have been upheld by Cricket Australia, and the two will be absent from play over a controversial ball-tampering scandal that could cost the Aussie team dearly.
Steve Smith and David Warner are Taking a Hit
Steve Smith is widely regarded as one of the world’s best batsmen. He is estimated to have around a third of Virat Kohli’s $60 million dollar net worth, but it could be falling fast.
He won’t be the same bright-eyed up-and-comer after this mess, and brands like Weet Bix probably won’t want him anywhere near their ad campaigns. Steve Smith may still be able to command his $4 million USD per year salary when he returns, but who knows at this point.
Who wants to hire a cheat, and risk a suspension?
David Warner is more-or-less in the same position as Steve Smith, but without all the cash. He is worth less than $10 million USD at the moment and was able to command a touch less than $2 million USD between Cricket Australia and the Sunrisers Hyderabad.
On the plus side David Warner gets paid a match appearance fee, but that won’t do much for his bank account anytime soon.
Indian Earning Power
Virat Kohli isn’t the only big earner on the Indian T20 team.
Vice-captain Rohit Sharma is worth almost $20 million USD, which makes him one of the richest cricket players besides the captain of the Indian T20 team. He is ranked in the top 50 richest Indian celebrities and makes an annual salary of Rs. 11.5 crores!
In a sudden and shocking development, French-Brazilian-Lebanese millionaire, Carlos Ghosn chairman of Nissan and one of the most influential figures in the automotive world has been arrested for financial misconduct.
Ghosn, also chairman of Renault and Mitsubishi Motors as well as Nissan, is legendary for creating a global alliance of the three automotive companies. Combined, the three auto-makers employ over 470,000 staff in 122 automotive manufacturing facilities and sold over 10 million vehicles in 2017. The three share both resources and costs in a model that other automotive companies have looked to copy. Rebecca Lindland, an auto analyst for Cox Automotive said:
“He was the creative genius behind all of this, and set the parameters to run these fairly disparate companies.”
Ghosn is credited with saving French car-maker Renault after a restructure that returned it to profit and earned him the title “Le cost killer.” When Renault formed the first alliance with Nissan in 1999 Ghosn became the leader of both companies and was then credited for turning around Nissan. He became CEO for Nissan in 2001 and Renault in 2005 and was the first person to be in charge of two Fortune Global 500 companies at the same time. Writing in 2002, of Nissan’s return to success, Ghosn said:
“This was, quite literally, a do-or-die situation: Either we’d turn the business around or Nissan would cease to exist.”
Ghosn went on to become chairman of Mitsubishi in 2016 when Nissan bought a controlling portion of the Japanese company. He was also chairman of the Russian automotive manufacturer AvtoVAZ between 2013 and 2016.
The Hardest Working Man in the Automotive Industry
Born in Brazil in 1954, Ghosn moved to Beirut, Lebanon, at the age of six before going on to study in Paris graduating as an engineer in 1974 from École Polytechnique and from the engineering institution École des Mines de Paris in 1978.
He went on to work for Michelin for 18 years at plants in France and Germany before becoming a plant manager in France in 1984. In 1985 he became COO of Michelin’s South American operations, developing his cross-cultural management style and bringing the division back to profit. Ghosn is quoted as saying:
“You learn from diversity … but you’re comforted by commonality.”
He then became COO and then CEO of Michelin North America in 1989 and 1990 respectively, moving to America, before becoming an Executive Vice President for Renault in 1996 and saving the struggling car company.
Ghosn, now 64, has a net worth of $100 million and a last reported salary of $17 million per annum. In 2003 he was ranked as one of the 50 most famous men in global business and politics. He pioneered the $5 billion investment by Nissan to build the first mainstream electric car, the Nissan Leaf.
Forbes Magazine once called Ghosn the hardest working man in the automotive industry for his traveling 150,000 miles by air per year between Paris and Tokyo. Japanese media has nicknamed him “Seven-Eleven” for his ability to work from dawn to dusk.
Arrested for Financial Misconduct
Ghosn was arrested in Tokyo, Japan, November 19, 2018, for financial misconduct pertaining to underreporting his own income and using company assets for personal use. Reports indicate Ghosn and Nissan Director Greg Kelly have been under investigation for a number of months for under stating their earnings to securities regulators in Tokyo. A statement by Nissan revealed:
“Numerous other significant acts of misconduct have been uncovered — such as personal use of company assets — and Kelly’s deep involvement has also been confirmed.”
The millionaire chairman has reportedly under declared his income by $44 million over a period of five years. The arrest is part of a process in Japan before Ghosn’s case can be brought to court and does not, as yet, confirm his guilt.
Nissan plans to meet this coming Thursday to discuss Ghosn’s official removal from the Nissan board of directors. Hiroto Saikawa, Nissan CEO and now the only remaining top executive at the firm will recommend Ghosn and Kelly’s dismissal citing their:
“Clear violations of the duty of care as directors.”
Saikawa, in a press conference, went on to say:
“I have to say that this is a dark side of the Ghosn era which lasted for a long time.”
Ghosn had been working to secure the alliance between Renault, Mitsubishi, and Nissan, including the potential of a merger, for a time when he would no longer lead the collaboration. He stepped down as Nissan CEO in 2017 and was likely to step down as CEO of Renault before his official term ended in 2022.
Renault’s share price has already fallen 15% and Nissan’s share price 11% in the aftermath of the news.
Nissan Share Price Source: Google
The automotive icon joins Mark Zuckerberg in the news this week as industry leaders under scrutiny. Zuckerberg, though not accused of personal misconduct, is facing further concerns over Facebook’s operations.
Arjun Kapoor has been on an epic winning streak. His movies have made him a household name, but his recent sightings with bombshell Bollywood actress and dancer Malaika Arora have created a media frenzy.
So far there is only rumour and innuendo surrounding the alleged couple. Oh yeah, and they just spent the night partying together.
The ‘couple’ wasn’t alone, but the pictures that emerged from the event left their fans wanting to know more about what is going on. Neither one has admitted to anything so far, but they sure don’t seem to mind spending lots of time together.
There is one thing that stands out about the perhaps pair, other then the impressive filmographies they both have.
Malaika Arora is more than a decade older than Arjun Kapoor!
Bollywood Men Seem to Love Older Women
Malaika Arora
Arjun Kapoor and Malaika Arora wouldn’t be the first Bollywood couple to have an age gap.
Harshvardhan Rane and Kim Sharma also look a lot like a couple. They were spotted at a popular Mumbai cafe yesterday, hand-in-hand. Another pair of red-hot Bollywood actors, another double-digit age gap with the woman on top.
So what gives?
Making it in the movies isn’t easy. Part of the reason why Bollywood men might choose to take an older wife (assuming it gets that far) is their experience in a rough industry. Both of the women mentioned above have been in Bollywood for years, and could offer their younger partners some sage advice when the going gets tough.
You don’t think that it is all fun and games behind the scenes, do you?
Nothing to See Here
Besides the benefit of experience, younger Bollywood men are gaining a huge amount of attention from being with an established woman with a loyal fan base.
Malaika Arora is estimated to be worth $10 million USD and can demand 1.75 crores per dance in any movie she works on. She has also been in the game since 1997 when her current maybe boyfriend was hardly old enough to handle money.
Those decades of exposure that Malaika Arora comes with won’t hurt Arjun Kapoor’s career. The constant media attention is good for both of them, and her fans will probably be more likely to see one of his upcoming movies as well.
A Risky Proposition
Falling in love with an older partner isn’t as simple as it sounds. While true love probably lasts forever, our bodies don’t.
Bollywood icon Shashi Kapoor found that out when his wife died, and left him to manage his career, and grief, on his own. His wife had been 10 years older than he was, and helped him enormously during his prolonged time in the spotlight.
Whether or Bollywood men prefer older woman is up for debate. There is no doubt that right now there are a few couples in Bollywood who have a younger heartthrob matched with a gorgeous older woman.
How these relationships will develop is anyone’s guess, but they are all sure to make a killing at the box office in the meantime!
Is pop music dead? In a recording sense maybe, but definitely not at the live gate. Pop star Pink might be more near the twilight of her pop career, but she is still raking in the big bucks, recently grossing over $80 million on the Australian and New Zealand leg of her world tour alone.
It seems that she is still a massive across the world as legions of fans have come out to support her most recent tour on the continent.
Pop Star Pink is Massive Down Under
Did you know that pop star Pink is now the second highest grossing musical artist in Australia and New Zealand? She is second only to the Rolling Stones in terms of career gross earnings.
The Aussie/New Zealand leg of her ‘Beautiful Trauma World Tour’ saw the pinkish vocalist sell a ginormous 559,361 tickers. According to stats published by Billboard, the recent Pink tour in Aus and NZ grossed in the region of $80 million.
This is her biggest tour of the region up to date, even surpassing the figures at the height of her career in the late 2000s. Her 2013 tour, The Trust About Love Tour, grossed upwards of $73 million.
Over the course of her career, pop star Pink has performed approximately 180 shows in Australia and New Zealand since first playing in the region back in 2004.
Massive Career Earnings in Australia
Some of Pink’s most popular songs include her first hit single ‘There You Go’ back in 2000 and other favorites such as ‘Stupid Girl’, ‘Who Knew’, ‘Just Give Me a Reason’, ‘Leave Me Alone’ and a myriad of other hit singles and albums.
Pink is now the second highest selling musical artist in Australia and New Zealand, with a career gross of $228 million, which is staggering. She is second only to the Rolling Stones who have grossed a total of $429.8 million.
The fact that she is a higher grossing star than The Beatles, ABBA and even Michael Jackson should put things into perspective for you.
Pop star Pink finished up on the last day of her 42-date tour of Australia and New Zealand in September, but the stats have only just come to light. She is still currently in the middle of her world tour with a further 60 dates left across the UK, US, Europe, Canada, and South America, which will not finish until mid-way through 2019.
Rich people have lavish lifestyles and eccentric hobbies. They also make extraordinary purchases when it comes to the art of gifting. Some of them like to spend their money on themselves while others prefer to spend it on their friends and family.
While the Taj Mahal, built by the Mughal emperor Shah Jahan, remains one of the most admired gifts in the world, rich people in the last two decades have tried to surpass it by splurging on luxurious yachts and private jets.
It’s safe to assume that these people weren’t shopping on a budget because some of these presents are extremely impressive.
The Most Extravagant Gifts Given by Rich People
1. Art Collection Worth Over $1.5 Billion
Russian-Israeli businessman Roman Abramovich has a net worth of $11.5 billion. After getting married to art collector Dasha Zhukova in 2008, he began showering her with gifts worth more than $1.5 billion.
Abramovich gifted her a $14 million Alberto Giacometti sculpture, paintings from artists Francis Bacon and Lucian Freud worth a total of $119 million, and 40 paintings from Russian-American artist Ilya Kabakov for $30 million to $60 million each.
Russian entrepreneur Mikhail Gutseriev reportedly spent $1 billion on the wedding of his son, Said Gutseriev, in 2016. The wedding included performances from singers such as Jennifer Lopez, Enrique Iglesias, and Sting.
The tycoon (worth $4.2 billion) paid Lopez around $1 million to sing some of her famous songs at the party. The bride’s dress, designed by acclaimed fashion designer Elie Saab, is rumored to have cost around $1 million, whereas her tiara was bought for almost $5.71 million.
Anil Ambani is the youngest son of Indian business magnate Dhirubhai Ambani and has a net worth of $2.2 billion. He bought a luxury yacht Tian worth $84 million for his wife, Tina Ambani, in 2008.
News websites called it sibling rivalry because Ambani bought this yacht a year after his brother, Mukesh Ambani, gifted a $60 million jet to his wife. Tian was built in Italy at a cost of €34 million ($38.83 million). It is 34 meters long and hosts six rooms, a dining room, and multiple cabins.
Mukesh Ambani is India’s richest man with a net worth of $44.2 billion. He also owns the world’s most expensive building, costing more than the Buckingham Palace, Antilia valued at $1 billion.
In 2007, Ambani gifted a luxury jet worth $60 million to his wife, Nita Ambani. It has a master bedroom, an office, and a bar. His daughter, Isha Ambani, is set to get married in December 2018 in a lavish wedding. It is expected that he will shower her with lavish gifts — tabloids have already reported that her wedding invites are worth 30 crore INR ($41,791) each.
Beyoncé Knowles, the famous singer who has won 22 Grammy awards, surprised her rapper husband, Jay-Z, with a $40 million private jet on Father’s Day in 2012.
The Bombardier Challenger 850 airplane has a seating area with enough space for 16 people, a spacious living room with cream leather sofas, a five-star kitchen, a bedroom, and two bathrooms. The couple uses the jet for family trips as well as their world tours.
Football superstar David Beckham gifted his wife, Victoria Beckham (Posh Spice), an $8 million Bulgari necklace at Valentine’s Day in 2006.
The necklace is made up of rubies and diamonds and is rumored to have been designed by Beckham. It is just another addition to her jewelry collection which already has 14 engagement rings. Some of these rings include a three-carat marquise-cut diamond ring worth $85,000 and a pink champagne colored diamond ring reportedly worth $1.1 million.
On Jay-Z’s 43rd birthday, Beyoncé gave him a $5 million Hublot watch. With a net worth of $355 million, the singer knew she wanted the most expensive watch for her husband.
It’s encrusted with 1,282 diamonds and was first shown at the 2012 world watch and jewelry show ‘BaselWorld’. Jay-Z has previously praised Hublot by using the brand’s name in one of his songs. He even collaborated with Hublot in 2013 to release the Shawn Carter collection.
Former boxer Mike Tyson gifted a $2.2 million 24-carat gold bathtub to his first wife, actress Robin Givens.
This gift was a huge gesture of Tyson’s love for his wife, but it wasn’t enough to save their marriage. The couple got divorced in 1989. Tyson, who already owned 3 white Bengal tigers worth $70,000 each, went on to file for bankruptcy in 2003 when he was $23 million in debt.
Before Beyoncé treated her husband with a private jet and a diamond-encrusted watch, she gave him a $2 million sports car on his birthday.
The Bugatti Veyron Grand Sport joined Jay-Z’s luxurious collection of cars in 2010. He also owns a Maybach Exelero, a Pagani Zonda F, a Rolls-Royce Phantom, a Ferrari F430 Spider, and a Porsche 911 Carrera Cabriolet. These cars are worth a total of $15 million.
10. A Vineyard in Napa Valley
14 engagement rings weren’t enough for David Beckham to declare his love for Victoria Beckham as the loving husband bought his wife a vineyard too.
Located in Napa Valley, news websites claimed that the footballer may have spent a ‘seven-figure sum’ to buy this land. The news of the purchase broke out after the couple was photographed in the vineyard alongside celebrity friends Tom Cruise, Kate Beckinsale, Seal, and Katie Holmes.
11. A $1.6 Million Helicopter
Back when actors Angeline Jolie and Brad Pitt were still married, she used to surprise him with the most creative gifts. In 2012, she bought a waterfall in California as well as a $1.6 million helicopter for her husband.
Chateau Miraval, the couple’s house in France where they also hosted their wedding, already had a helipad. So, Jolie decided to give Pitt the helicopter along with some flying lessons.
12. 14 $1 million Cheques for Friends
Academy Award winner George Clooney is extremely thankful to 14 of his friends for helping him in the beginning of his career. In order to show his gratitude, he gave $1 million in cash to each one of these friends in separate suitcases in 2013.
Clooney also paid their taxes so that they could take the entire amount. According to American entrepreneur Rande Gerber, the $1 million amount was gifted in $20 bills. According to E! Online, Gerber gave his share to a charity later.
American rapper and Cash Money Records co-founder Birdman discovered Lil Wayne when he was nine years old. Even though the duo had some conflicts in the past, Birdman once gifted the rapper with $1 million in cash in a $2,140 Louis Vuitton suitcase.
Birdman presented this amount to Lil Wayne on his money-themed birthday party in 2008. Party-goers reported that the latter was left speechless by this gesture.
14. A $1 Million Cheque on Mother’s Day
Rapper Kanye West gave his wife, reality TV star Kim Kardashian West, a $1 million cheque as well as shares in his company Adidas Yeezy on Mother’s Day.
West sent over the gifts after his wife agreed not to post a sponsored picture of another brand for a million dollars. He also wrote her a thank you note in the envelope that contained the cheque. He has previously given her a $35,000 Cartier panther bracelet and a $1 million Lorraine Schwartz diamond choker.
In today’s Instagram world lots of people seem to think that showing off expensive things is the same as being rich. Nothing could be further from the truth. Getting rich is all about saving money, not spending it. If you want to make it to millionaire status, it’s time to figure out how to save!
According to research from Credit Suisse’s Global Wealth Report, today there are 42.2 million millionaires out there. Over the last year, that number has grown by 878,000 in the USA, which is around 40% of the new global stock of millionaires.
Millionaires Aren’t the Only Ones That Matter
Becoming wealthy isn’t as difficult as many people think. Younger people have it easier and have more time to gain valuable skills that can make them millionaires.
Entering the ranks of the global wealthy might be easier than you imagine.
Credit Suisse says that to qualify for the richest 10% of the global population, a person needs to have $93,170 in net assets. A person’s net assets are defined as the total value of private assets, which includes real estate, minus any debts.
Entering the top 1% is a little harder, and would require a person have new assets in excess of $871,320.
If this all sounds like a lot of cash, don’t worry. To be in the wealthiest half of the global population, a person only needs assets worth $4,210, which should be pretty easy to come by.
Building Up Your Net Worth
William D. Danko and Richard J. Van Ness co-wrote, “Richer than a Millionaire: A Pathway to True Prosperity,” which shares some of the ideas that help the rich grow their fortunes.
According to a previous work by William D. Danko and Thomas J. Stanley:
“Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.”
Being happy with your own financial position is a big part of building wealth.
When people show off expensive possessions, like cars or jewelry, they aren’t doing anything to build up real wealth. In fact, the opposite is true.
Are You Really Getting Ahead?
Saving money that can flow into investments is one secret to becoming rich. A big paycheck is meaningless if it is eaten up by rent, high-priced meals, and expensive toys.
Danko and Van Ness found that people who are able to grow their wealth, and become millionaires know how to save their earnings. Surprisingly, some people who have normal jobs are able to build wealth, because they live frugally and make wise investments.
The Mental Game Matters
Developing healthy habits also make a big difference when it comes to making money grow. Think about why people want to “flex” expensive items on the internet. The social media “flexers” are showing-off for other people and ignoring their own happiness.
Una publicación compartida de Blac Chyna (@blacchyna) el
Convincing the social media crowd that you are rich isn’t a good wealth building strategy. It costs money, time, and distracts from activities that could help a person to develop habits that make long-term financial success a reality.
Shift Your Habits for the Better
Great habits don’t happen on their own.
James Clear is an author and researcher. His book, “Atomic Habits,” deals with creating great habits, and sticking with them for the long haul.
For most people getting their habits going in the right direction is the first step in creating wealth and happiness. People struggle to get rid of negative habits, or even realize they have them.
There are many things we can learn from a young age that become almost automatic, and realizing that we are holding ourselves back can involve changing how we view ourselves.
“The greatest threat to success is not failure but boredom.”
This might seem counterintuitive, but his research has demonstrated the need to create positive reinforcement for great habits that are already paying off.
Everyone will have a different set of life-habits that need to be reviewed, and possibly changed. It all starts with looking at how you live and deciding who you want to be.
If you’re spending your time and money trying to impress other people, you probably won’t ever build up wealth, or find happiness.
The sad news has just surfaced that the former wife of music mogul P-Diddy, Kim Porter has passed away at the tender age of only 47. We mostly like to have fun on this website in regards to the news, but unfortunately, life can sometimes be a dark vacuum.
Kim Porter was the ex-wife of Sean “P-Diddy” Combs and was found dead on Thursday at her home in Los Angeles. She and P-Diddy raised four children together. She was also a respected model and actress and a strong woman of many talents.
A statement from a Combs family representative said:
“Sadly, I can confirm the passing of Kim Porter. I ask that you give the families privacy at this time.”
The death was confirmed by the Los Angeles Country Sheriff’s Office saying that they responded to a death investigation at 11:40 am on Thursday and found Porter unresponsive in her Toluca Lake, California home. She was pronounced dead at the scene.
Reports Are Saying Cardiac Arrest
Although reports of the actual cause of the death of Kim Porter are still thin on the ground at such an early time, TMZ has detailed that the emergency 911 dispatch call said it was cardiac arrest.
The speculation currently doing the rounds online is that Kim Porter was suffering from pneumonia for the past few weeks and could be linked to her passing away. Although speculating at this time is probably unwise and insensitive.
The couple first married in 1997 and spent 10-years together. They had three kids together while P-Diddy also looked after Porter’s first child that was a product of a previous relationship with another record producer named Al B. Sure.
Kim Porter and P-Diddy amicably split-up in 2007 when rumors that the record industry kingpin had fathered a child with another woman were rife.
We wish the family of Kim Porter and P-Diddy all the best at this dark time and hope they get to grieve without too many prying eyes.
Is Kanye West in bed with wife Kim Kardashian or Donald Trump? It depends what day of the week it is. Kardashian says that Kanye is more of a fan of Trump’s personality than his politics.
Kim Kardashian reckons that she had a talk with her hubby after his recent trip to the White House to educate him and set him straight on politics.
Is Kim Saving Kanye West from Himself?
Although Kanye West and Kim Kardashian should not really be your first reference point when discussing US politics, they have massive sway with the younger generations of today. I might not be a Trump advocate in any way, shape or form, but Kardashian talking about politics makes me dizzy.
When speaking at a public appearance on Wednesday, Kardashian took some time to dig Kanye out of the political hole he has created for himself. Talking about Kanye, his wife was quoted as saying:
“He is very not political, actually. He just happens to like Donald Trump’s personality, but doesn’t know about the politics.”
She elaborated even further to inform us she has “educated” Kanye West on the nuances of domestic politics. She also said that her husband really liked Trump before he made office and still does and that Kanye fights for what he wants to like, even if others oppose that opinion.
Making America Great Again?
Some might say that Trump, West, and Kardashian all have no place in politics, and again, I wouldn’t argue with any of that.
I am personally not a Donald Trump fan or an American. But I believe that you have to accept what the majority vote for. If not, what have you got left? Hillary Clinton soiling her panties every time she sneezes?
I used to be a liberal until they changed what liberal meant. And I am definitely against the far-left liberals who think that freedom of speech is now not important. Sounds like a bunch of kids complaining because things didn’t go their way and want to change the rules to suit their opinions. It’s the entitled Western culture we live in today.
One way or another, it’s great to see Kim Kardashian stand up for Kanye West like that with the media, whether she knows what she’s talking about or not.