Becoming a Self-Made Millionaire Requires Courage and Faith


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According to my Rich Habits research, self-made millionaires follow a process in pursuing an idea, opportunity, dream or big goal. Typically this is the process:

  1. Idea – This is the first stage in which an idea pops into your head or an opportunity presents itself. This could also be when you gain some clarity on a dream or major goal you’d like to pursue.
  2. Due Diligence – Read books and articles about the idea, opportunity, dream or goal. Then seek feedback from others who have some expertise or knowledge about the idea, opportunity, dream or goal. This stage typically takes the longest because it requires an investment of your time in gathering the necessary information that will help you make a decision on whether or not to take action. This is also the stage in which you evaluate your capability to pursue the idea, opportunity, dream or goal. Do you have the requisite expertise or knowledge? Do you have the skills? Do you have the time? Do you have the financial resources? If not, you obtain what you lack. This could take many months or even years.
  3. Decision – Once you have weighed all of the information you gathered, and acquired the knowledge, skills and financial resources you need in order to pursue the idea, opportunity, dream or goal, you decide to go for it.
  4. Action – Once you decide to pursue the idea, opportunity, dream or goal, action follows immediately.

Almost always, pursuing any idea, opportunity, dream or big goal involves risk. You will never have enough of what you need: time, money, knowledge, skills, etc. So, there is always some risk. You don’t know what you don’t know. So, pursuing success involves significant risk. 

One of the hallmarks of the self-made millionaires in my study was that once they made a decision to pursue something, they immediately took action. Action followed decision. They did not procrastinate. They tossed aside all of their doubts and worries and took action. 

Becoming a self-made millionaire requires courage and faith, since you will never have everything you need when you pursue success.

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Thomas C. Corley About Thomas C. Corley

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit,, India TV, Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money,,, and the Huffington Post. Tom is a frequent contributor to Business Insider,, and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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  1. Thank You!
    I enjoy reading your newsletters. Your topics got my mind spinning and rationalizing what I want and need to be in my career and personal life. I have forward all your daily wisdom to family and friends.

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