
The Power of Habit: Why We Do What We Do in Life and Business (with Charles Duhigg)
Passive Real Estate Investing
The Habit Loop and Rewarded Behaviors
Habits consist of a cue, routine, and a reward. The habit loop involves a trigger, behavior, and a payoff. Approximately 40-45% of our daily activities are governed by habits. By focusing on the cue and the reward rather than just the routine, we can effectively change our behaviors. A habit is a choice made in the past that is now automatic.
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