Key Stone Habits for 2024
What are the key habits we need to form for 2024 and beyond
We are drawing close to the end of the year 2023. I will build further on the article reducing friction in your life. The tools used by successful people all boil down to adhering and sticking to tried and tested principles.
We need to guide and align our lives to true and tested principles of the universe in order to make our lives tick and hum along perfectly. There are interrelated concepts that make a difference in our lives in the long run and actually perpetuate success in subsequent generations.
Sticking to and embracing these concepts and mental framework models is critical if we have to make any headway in our lives.
Target and desired habits
We human beings are creatures of habit. Our lives and destinies are usually curved and mapped out by the habits and principals we maintain in the long run. When we cultivate the right habits, we make our lives easy and stress free.
The great religions of the world and their key teachings revolve around habits and virtues. The great Greek philosopher Aristotle key teachings were centered on habit. Habits make or break you.
What are the key habits of millionaires and billionaires. The reason why I have focused on wealth habits is that most of our problems are related to financial issues. I will list the desired habits below.
- Reading Books, Continuous Learning and Self-development, Neurogenesis and Neuroplasticity
- Acquiring high-income skills: Copy writing, social media growth, Programming, Marketing, Sales, Content creation, Entrepreneurship, Team Building, Finance skills
- Building an abundance mindset:
- Meditating every single day; maintain emotional homeostasis, controlling our emotions and thoughts
- Building character: Basics such as humility, respect, punctuality, gratitude
- Investing
- Accountability: No excuses mentality
- Sleep: Sleep is paramount it refuels your brain and energy
- Failing rapidly: Accept mistakes as they come and learn from them
- Persistence and patience
- Put yourself out there. Bold, passionate and confident individuals get ahead faster. Network as much as you can.
- Focus on your goals. Think about what you want to achieve
- Believe in yourself
- Eating right. You are what you eat especially Brain Food: Avocadoes, Blue Berries, Coconut Oil, Eggs, Brocolli, Salmon, Green vegetables etc
- Kill negative self-talk: control your thoughts no complaints for 30 days, all behavior is belief driven
- Exercise
- Brain Nutrients: DHAS, GINGKO, BILOBA, Vitamin B, B12s
- Positive Peer Group: Analyze your social networks
- Get a clean environment, Clean Air, Clean Water
- Stress Management: Meditation, Relaxation, Massage
- They are not afraid to grow and share the pie
- Real Estate makes you a millionaire and private equity makes you a billionaire
- Leverage: Other people’s time, money
- Daily goal setting
- Results Oriented
- Be people oriented
- Stay honest
- Self-Disciplined
- Journaling
Sources – You tube
7 Habits that made me a multi-millionaire by 21- https://youtu.be/u7xvwvtURfs
10 billionaires habits you can copy _ try it for 21 days https://youtu.be/4EljpMBicJE
8 habits of millionaires and billionaires – Become Self Made Millionaire https://youtu.be/psXYRPge-D8
Daily habits of successful people _ Brian Tracy https://youtu.be/nu5I85_YAak
Feedback loops, Virtuous Cycles and Systems Thinking
Feedback Loops- Feedback loops are mechanisms and tools used to either increase or decrease a result/ output to its desired target state. An example we can use are our bodies maintaining our temperature at a constant rate through a process called homeostasis. The temperature of 37 degrees centigrade is the ideal output.
Through a negative feedback loop mechanism, with the use of our nervous system as a temperature sensor, we can generate or lessen body heat according to the prevailing circumstances. This concept can be applied to many other processes.
We can apply this to our performance, health, mental, financial, spiritual, relationship states and adjust them to the desired state. We act on deviations from expected performance to get back to our desired states.
Positive feedback loops increase or amplify the output. They keep on reinforcing themselves and becoming greater in the long run. This is where the terms, Virtuous or Vicious/Destructive cycles, come into play. We can have good or bad habits that tend to reinforce themselves.
Let me use an example of diet and exercise. These are good habits. When we stick to diets and exercise we notice that our energy improves, body stature improves, health status improves we get encouraged to keep it up and also improve it further. We start incorporating exercise and sleep making it a virtuous cycle.
The inverse applies to bad habits like excessive drug use, alcoholism and sloth. When we amplify these habits we destroy our health, relationships and finances in the long run. This become destructive and vicious cycles that harm and destroy us in the long run.
Systems are structures and routines that are either naturally occurring or we deliberately create to get certain results. They are also anchored on habit formation and processes.
We can create systems that serve us well. A business is literally a system, a car is a system when we perceive complex objects as systems we can lean to incorporate desired outcomes in these systems.
All these concepts are anchored by habit. They do impact individuals, communities and nations. The culture and mindset we build always impacts us in the long run.
Summary
As we close out 2023. What desired habits do we need to incorporate in our lives? This is the key question this week. Revisit the habits I have listed above and ponder what you want to incorporate in your life.
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