A common question I am asked by the media regarding my research is this: “How important is having a college education in order to be successful.”
My response is always the same: “It’s not important. What is important is having the Rich Habit of daily self-education. That’s one of the many daily habits the rich all had in common and one of the Rich Habits the poor all lacked. The rich are in relentless pursuit of knowledge every day.”
Over 30% of the wealthy in my study did not go to college. The common denominator all of the successful shared, however, was their relentless pursuit of self-education on a daily basis. Self-education, is second only to persistence, in terms of its importance in creating success. Once you decide to pursue a big goal, main purpose or life dream, it really is irrelevant how much formal education you have. If you know how to read, write and do simple math you can become wealthy and successful. Once you turn on your passion by pursuing a big goal, purpose or your dream, your lack of formal education becomes irrelevant because your passion will drive you towards obsessive self-education. You will become like a sponge, soaking up all information related to your goal, purpose or dream. You will become an expert in your field, with or without a college education.