Developing Habits & Effective insight and strategic thinking…
For five years, Tom studied the daily activities of 233 wealthy people and 128 people
living in poverty. He discovered there is a difference the size of the Grand Canyon
between the daily habits of the wealthy and the poor. He understands the challenges
adversity can present but is here to share the good news that we have more control –
Than we may think!
believe that, genetics, are important to becoming
wealthy, and significantly less likely to believe
that they’re the cause of their own financial status
“Most of the wealthy people I talked to were
businesspeople who weren’t always wealthy,”
“but they had this attitude that they could do
and “poverty habits,” meaning the tendencies
of those who fit in each group.
habits. “The key is to get more than 50% to be rich
things: It’s achievable, and there’s a physical
action you can take to pursue it.
own financial status in life.
but 67% of them put those goals in writing.
of them complete 70% or more of those listed tasks
shows, compared to 78% of the poor.
“The common variable among the wealthy is how
they make productive use of their
human discipline or
They just don’t think about watching much TV
because they are engaged in some other habitual
daily behavior — reading.”
minutes each day, compared to 2% of poor people.
in particular, self-improvement books.
“The rich are voracious readers on how to improve
the most of your commute with any of these
commute-friendly self-improvement activities.
(compared to 43% of poor) work an average of 50
or more hours a week,
only 6% of the wealthy people surveyed found
themselves unhappy because of work.
because they made a lot, but because they saved a
lot.” the wealthy
He’s trying to instill what he calls the 80/20 rule in
his own children: Save 20% of your income while
living on 80%.
that genetics, are important to becoming wealthy,
and significantly less likely to believe that they’re
the cause of their own financial status in life.
” Corley explains, “
creativity influences success, poor people are
more likely to think that being “intellectually gifted”
is critical. says Corley,
“There’s more to wealth than just being smart.” the wealthy
it’s not an accident,” In fact, 86% of the wealthy
worked an average of 50 hours or more per week
(compared to 43% of the poor), and 81% say they
do more than their job requires
being important to financial success:
“the wealthy people found a creative pursuit that
could turn into monetary value. When you engage
in a creative pursuit that can make money, the
rewards are often obscene.”
Thomas C. Corley says Thomas Corley, the author of “
Rich Habits: The Daily Success Habits Of Wealthy Individuals.”
“These habits are like snowflakes — they build up, and then you have an avalanche
During Tom Corley research, he identified over 200 daily activities that separated the “haves”
from the “have not’s”. The culmination of his research can be found in his #1 bestselling book,
Rich Habits – The Daily Success Habits of Wealthy Individuals.
Tom Corley understands the difference between being rich and poor. At age 9 his family went
from being multimillionaires to broke in just one night.
Print: Tom has been featured in many, prominent print and Internet sites such as; CNN.com,
Huffington Post, News.com.au, Marketplace Money, Success.com, –
Habits … 9 Things Rich People Do Differently Every Day | Entrepreneur
both wealthy and living in poverty (233 wealthy and 128 poor, specifically), isolated what he calls
“rich habits” — and many of them are simply patterns of thought.
liquid, net-worth of $3.2 million or more, and “poor people” as those with an annual income of
$35,000 or less and a liquid net worth of $5,000 or less.
“opportunity luck,” meaning they create the opportunities for people to make their own luck.
“When I looked at luck,” Corley remembers, “a lot of rich people said they were lucky and a lot
of poor people said they were unlucky.”
strove for what they believed in
they grew and matured along the journey. Steve Siebold, Author, of “How Rich People Think,”
interviewed more than a thousand millionaires over three decades to learn what led them to their
success and wealth.
to whom — what really made these millionaires stand out was their mentality, the drive to reach
their goals while letting nothing hold them back. This mindset led these individuals to wealth.
that unstoppable attitude.
68 and worth about $78 million. I asked why he didn’t retire, and he looked at me — He said,
‘I’ve spent the last 45 years exercising every single day and watching what I eat because
I knew the end of my career would be my biggest earning years’ If he can extend his career
four to five years beyond everyone else, that’s about $7 million for him.”
productivity and more money.”
and that the dream is still possible.
of effort into maintaining them, making a habit of calling up contacts to congratulate them on life
life,” recalls Corley, “I ended up making another $60,000 as a result.”
new people and believe that being liked is important to financial success (in fact, it’s a whopping
95% that believe in the power of likeability, compared to 9% of poor people)
lot.” He’s trying to instill what he calls the 80/20 rule in his own children: Save 20% of your
income while living on 80%.
and took financial risks,” explains Corley. “People like this aren’t afraid to take risks.”
businesses,” Corley explains. “They became successes because they were master
self-educators who learned from the school of hard knocks.” In fact, 27% of the wealthy
people in Corley’s study admit they’ve failed at least once in life or in business, compared
with 2% of the poor. “Failure is like scar tissue on the brain,” Corley says. “The lessons last
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