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Most of the self-made millionaires in my Rich Habits Study grew their way to wealth.
What were some of the Growth Activities they engaged in:
- Reading to Learn – They read 30 minutes or more every day. Typically, their reading material was directly related to what they did for a living.
- Practiced Relentlessly – For the millionaires who utilized some skill to grow their wealth, they practiced their skill 2 – 4 hours every day. Some millionaires even hired coaches to help them improve their skills.
- Studied – Most of the study was focused on obtaining certifications or degrees related to their career/work.
- Experimentation – They engaged in new activities in order to gain new knowledge or develop new skills that they could then monetize.
- Forged Power Relationships – They built relationships with experts in their particular field/discipline and picked their brains to learn new things, grow their knowledge or to shortcut their learning by being taught what works and what doesn’t work.
- Watched YouTube – They watched YouTube videos to learn how to do something better or how to do something they never did before.
- Joined Trade Groups – They joined trade groups related to what they did for a living so they could become better at what they did by learning from industry experts.
Tom Corley is an accountant, financial planner and author of “Rich Kids: How to Raise Our Children to Be Happy and Successful in Life”, Effort-Less Wealth, Change Your Habits Change Your Life, Rich Habits Poor Habits and “Rich Habits: The Daily Success Habits of Wealthy Individuals.”
