I’ve learned that getting rich is not a coincidence. According to Tom Corley, spending five years examining the routines of 233 billionaires, 177 of whom were self-made, to see how they spent their time from the moment they awoke in the morning until they lay their heads down at night, Entrepreneurng report.
In the book “Change Your Habits, Change Your Life: Techniques that Converted 177 Ordinary People into Self-Made Millionaires,” which is based on my study. seven universal principles that all of these people used to become wealthy is been listed.
The best part is that anyone can apply them to their lives and begin making progress toward their goal of becoming a self-made billionaire:
1. Millionaire self-made people are lifelong learners.
Every day, whether it was through leisure reading or honing a marketable talent, the billionaires in my study made a conscious effort to learn something new just to be at the top always. They are book warm.
2. Self-made millionaires form virtuous habits
The following were only a few of the peculiar daily routines the millionaires in my study developed: noninvolvement in gambling games, having controlled emotions whether they lose or win, Having a set goal, and many others.
3. It’s deliberate for self-made millionaires.
The bulk of self-made millionaires, 86% of them, worked an average of at least 50 hours per week, according to Tom.
Nonetheless, it’s crucial to keep in mind that quality overrides quantity in terms of the importance of the task.
They accomplished this by dream-setting, which is the process of creating a script about one’s ideal existence ten years into the future.
4. Rich self-made people form excellent teams.
Numerous self-made millionaires in Tom’s study acknowledged that building powerful teams with individuals who shared their vision was crucial to their ability to persevere in pursuing their goals.
5. Self-made millionaires have a strong desire to dream.
When it came to attaining their objectives, many of the millionaire’s tom investigated were extremely ambitious, even when it appeared improbable that they would succeed. Elon Musk is a contemporary illustration of this. Musk claimed that when he told them he was intending to colonize Mars, they laughed at him. There is no longer any laughter.
6. Independent millionaires put their health first.
Eighty-six percent of the billionaires in my Rich Habits Poor Habits study put in more than fifty hours a week of consistent labor before they ever saw financial success. Success takes time, and eating a balanced diet and exercising every day can give you more energy and increase your productivity.
7. Millionaire self-made people create their luck.
The self-made millionaires in Tom’s study were successful because of their efforts, but they all acknowledged that luck played a role in their success as well. But in this situation, luck is not chance; it is the result of hard work. Opportunities arise from persistence. Those that keep going are eventually successful. For those who simply don’t give up on their dreams and goals, luck eventually comes their way.
Conclusion
One of the millionaires in Tom’s study changed occupations in their mid-forties. They decided to specialize in wine, as described. After putting in a lot of effort and fifteen years, this person was finally able to fulfill his dream and amass about $4 million in wealth.
Credit: Tom Corley
