Wise & Wealthy: Small habits, big returns, and validating ideas

Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday and every other Thursday.

#22 – August 01, 2022

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When it comes to habits, it’s up to us to decide how much time we want to spend on the activity. I prefer to avoid spending too much time on my habits. But at the same time, I do want the benefits.

Take strength training. I do a full-body workout with weights 3 times a week. This has many healthy benefits, including injury prevention and boosting your energy.

It just takes me 3 hours a week. It’s a small-time investment that yields huge returns.

When you’re thinking of forming a new habit or routine, look at how you can get the best results with the least amount of effort.

To me, this is the key to changing your life and behavior. When we take on too many tasks and activities, we risk putting too much stress on ourselves.

Focus on small things instead! And you don’t even have to do more. There are many small habits in life that you can keep small. That makes life so much easier.

↳ 10 Small Habits That Have A Huge Return On Life


Most business ideas either fail or are not nearly as profitable as we assumed. We often come up with an idea, start working on it, and find out that no one really cares enough to pay for our product or service.

We can avoid that by validating our business ideas first. That’s important because you want to avoid wasting time on a business opportunity that isn’t profitable.

You can look at two things to validate your idea:

  • Are there existing products/services similar to what you offer? There’s always a reason why something doesn’t exist. The most likely one is that it’s just not profitable. So if you can’t find an example of a similar business, it’s likely not a good idea.
  • Are people paying for this product/service? People tend to say that an idea sounds good and they’ll probably pay for whatever you’re planning to offer. But nothing confirms profitability more than actions. If people are actually paying for something, it means they find it valuable enough.

You can find more ways to validate your business idea in this article.

↳ How To Validate Your Business Idea Without Spending Money

One interesting thing

In recent years, as the capabilities of Artificial Intelligence and robots are improving, people are getting scared that some industries might disappear.

That might be true, but it’s highly unlikely that people will be out of work. There is a quote from The Practice of Management by Peter Drucker. The book was first published in 1954. But the message is still true now:

“The popular belief that the new technology will replace human labor by robots is utterly false. Actually the new technology (though there will certainly be problems of displacement) will employ more people and, above all, more people who are highly skilled and highly trained.”

It’s more likely that AI will make our work easier and create new jobs.

Thanks for reading! I hope you found this edition of Wise & Wealthy useful.

All the best,


Join the 7-day Stay Centered challenge

I’ve created a one-week email course that you can do together with a group. It’s called Stay Centered, and it will help you to reclaim focus and live a meaningful life.

When you’re centered, nothing can hurt you. You will have inner peace no matter what happens.

How to unlock Stay Centered

You can join the challenge for free. Every day, you’ll receive a short email with a small challenge that inspires you to live better. 

I highly recommend sharing it with your friends so you can go through the program together. I did it with my team, which was a lot of fun. 

Join here: dariusforoux.com/stay-centered

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