Rich people feel that they determine
their path in life.
Poor people are significantly more likely
to believe 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,
“Most of the wealthy people I talked to
were
businesspeople who weren’t always
wealthy,”
“but they had this attitude that they
could do anything.”
What Thomas C. Corley- calls “rich
habits”
and “poverty habits,” meaning the
tendencies
of those who fit in each group.
everyone has some rich habits and
some poverty
habits. “The key is to get more than 50%
to be rich habits,”
A goal is only a goal, he says, if it has
two things: It’s achievable, and there’s a
physical action you can take to pursue
it.
Rich people believe that they’re the
cause of their
own financial status in life.
Corley, explains,
Rich people always keep their goals
in sight.
“I focus on my goals every day.”
Rich people who agree: 62%
Poor people who agree: 6%
Not only do wealthy people set annual
and monthly
goals,
but 67% of them put those goals
in writing.
And they know what needs to be done
today.
“I maintain a daily to-do list.”
Rich people who agree: 81%
Poor people who agree: 19%
Not only do the wealthy keep to-do lists,
but 67%
of them complete 70% or more of those
listed tasks
each day.
the wealthy
They don’t watch TV.
“I watch TV one hour or less per day.”
Rich people who agree: 67%
Poor people who agree: 23%
Similarly, only 6% of the wealthy watch
reality shows, compared to 78% of the
poor.
“The common variable among the
wealthy is how
they make productive use of their time-
‘no superior
human discipline or willpower-‘
the wealthy They just don’t think about
watching much TV
because they are engaged in some
other habitual
daily behavior — reading.”
They read … but not for fun.
“I love reading.”
Rich people who agree: 86%
Poor people who agree: 26%
the wealthy
Fact, 88% of them read for self-
improvement for 30
minutes each day, compared to 2% of
poor people.
Sure, rich people love reading, but they
favor nonfiction —
the wealthy
in particular, self-improvement books.
“The rich are voracious readers on how
to improve themselves,”
the wealthy are big into audio books.
“I listen to audio books during the
commute to work.”
Rich people who agree: 63%
Poor people who agree: 5%
Even if you aren’t into audio books,
you can make
the most of your commute with any of
thesecommute-friendly self-improvement
activities.
They make a point of going above
and beyond at the office.
“I do more than my job requires.”
Rich people who agree: 81%
Poor people who agree: 17%
the wealthy
It’s worth noting that while 86% of rich people
(compared to 43% of poor)
work an average of 50
or more hours a week,
only 6% of the wealthy people surveyed
foundthemselves unhappy because of work.
the wealthy
Many of the people I studied aren’t
wealthy
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%.
Poor people are significantly more likely
to believe 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, “
the wealthy
Rich people value creativity over
intelligence.
“Creativity is critical to financial
success.”
Rich people who agree: 75%
Poor people who agree: 11%
the wealthy
While rich people are more likely to
believe that
creativity influences success,
poor people are more likely to think that
being “intellectually gifted”is critical.
says Corley,
a lot of wealthy people were
C students,”
“There’s more to wealth than just being smart.”
the wealthy
Rich people enjoy their jobs.
“I like (or liked) what I do for a living.”
Rich people who agree: 85%
Poor people who agree: 2%
says Corley,
“Many of the wealthy in my study loved their job —
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 theydo more than their job requires
Corley says it’s related to the idea
of creativity
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 “
“These habits are like snowflakes —
they build up, and then you have
an avalanche of success.”
–
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;
Huffington Post,
Jul 1, 2014 … … she was the associate editor at LearnVest,
covering personal and behavioral finance.
9 Things Rich People Do Differently
Every Day.Habits …
9 Things Rich People Do Differently
Every Day | Entrepreneur
Corley, who spent five years monitoring
and analyzing the daily activities and habits of people
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.
on his website, defines “rich people” as
those with an annual income of $160,000
or more and a 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.
Here are 10 ways Corley, found that rich
people think differently, based on
statements with which
they identify.
1. Rich people believe their habits have a
major impact on their lives.
“Daily habits are critical to
financial success in life.”
Rich people who agree: 52%
Poor people who agree: 3%
Wealthy people think that bad habits
create detrimental luck and that
good habits create“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 lotof poor people said they were unlucky.”
Good Habits Create “Opportunity-
It takes a lot of hard work, time
and sheer dedication.
Although each of them had different a
different path, their destination was the
same: success.
Every successful leader, entrepreneur
or idealist has had their own unique
journey as they strove for what they believed in
There are many factors which tie these
successful individuals together, one of them being
how 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 theirsuccess and wealth.
The answer was quite simple:
Steve learned that it did not matter
where they were born,
or even 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.
Here are seven sentences you’ll never
hear a successful person say because they contradict that unstoppable attitude.
Related: 21 Traits of Billionaires
from Warren Buffett to Mark Zuckerberg
Read: Tony Robbins Shares His Secret to
Millionaire Success
Best Advice I Never Got
Wealthy people value their health, says
Corley, “One of the individuals in my study was about
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 careerfour to five years beyond everyone else,
that’s about $7 million for him.”
“Wealthy people think that being healthy
means fewer sick days, which translates into more
productivity and more money.”
(being rich has everything to do with habits.
are simply patterns of thought)
“I found in my research that wealthy people
are by and large optimists,”
“They practice gratitude and look at happiness like a habit.”
“Rich Habits:
The Daily Success Habits Of Wealthy
Individuals”2. Rich people believe
in the American dream.
“The American dream is no longer possible.”
Rich people who agree: 2%
Poor people who agree: 87%
“The American Dream is the idea of unlimited potential,
the vast majority of rich people believed
that wealth is a big part of the American
dream (94%)and that the dream is still possible.
Rich people value relationships for professional and personal growth.
“Relationships are critical to financial success.”
Rich people who agree: 88%
Poor people who agree: 17%
Not only do rich people feel that their
relationships are critical to their success,
but they put a lot
of effort into maintaining them, making a
habit of calling up contacts to congratulate
them on life events,
or reaching out just to say hello.
“When I applied the hello calls
and the life event calls to my ownlife,
” recalls Corley,
“I ended up making another $60,000 as a result.”
Rich people love meeting new people.
“I love meeting new people.”
Rich people who agree: 68%
Poor people who agree: 11%
Hand in hand with valuing relationships
comes making new ones.
Rich people both love meeting
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)
Rich people think that saving is hugely important.
“Saving money is critical to financial success.”
Rich people who agree: 88%
Poor people who agree: 52%
“Being wealthy is not just making a lot of money,”
explains, Corley, “It’s saving a lot, andaccumulating wealth.
Many of the people I studied aren’t wealthy because they made a lot, but because they saved alot.”
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%.
their money. “Most of these people were business owners
who put their own money on the tableand took financial risks,
” explains Corley.
“People like this aren’t afraid to take risks.”
They watch their waistline.
“I count calories every day.”
Rich people who agree: 57%
Poor people who agree: 5%
they take care of their smiles.
“I floss every day.”
Rich people who agree: 62%
Poor people who agree: 16%
Rich people believe that their health influences their success.
Rich people who agree: 85%
Poor people who agree: 13%
Success is not something that can be accomplished overnight.
Rich people are willing to take risks.
“I’ve taken a risk in search of wealth.”
Rich people who agree: 63%
Poor people who agree: 6%
“A lot of the wealthy people in the study were business owners who started their own businesses,
” Corley explains.
“They became successes because they were master self-educators
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 forever.”
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