Success doesn’t crop up overnight. All self-made millionaires had to start somewhere.
Much of their transformation from ordinary to seven-figure status can be attributed to “rich habits,” a term coined by Thomas C. Corley, who spent five years researching the daily habits of 177 self-made millionaires.
“From my research, I discovered that daily habits dictate how successful or unsuccessful you will be in life,” he writes in his 2016 book “Change Your Habits, Change Your Life.”
“There is a cause and effect associated with habits. Habits are the cause of wealth, poverty, happiness, sadness, stress, good relationships, bad relationships, good health, or bad health.”
The good news is all habits can be changed, Corley notes. Here are some “rich habits” of self-made millionaires that you can start developing today:
They read consistently.
The rich would rather be educated than entertained. As Corley writes, “Eighty-eight percent of the rich devote thirty minutes or more each day to self-education or self-improvement reading … Most did not read for entertainment … The rich read to acquire or maintain knowledge.”
Corley found that they tend to read three types of books: biographies of successful people, self-help or personal development, and history.