Aug16

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Author Tom Corley shares the habits of self-made millionaires.

Want to know the distinctive habits of self-made millionaires? Listen to this Talking Trading interview with author and speaker Tom Corley who spent 5 years studying the daily activities of the rich and the poor. Hear the daily routine of a millionaire, listen to how Richard Branson describes his work as playing for 14 hours and hear how the wealthy accumulate their money. Also find out why all traders need to be like Chihuahuas from Chris Tate.

 

Tom Corley and Louise BedfordTom Corley – Author and Speaker

Tom Corley spent 5 years studying the daily activities of the rich and the poor. In his three books on his research he identified distinctive definable habits of the wealthy and self-made millionaires that shaped their success.

Want to know what they are?

Firstly, self-made millionaires are masters of building relationships. They know the strategic importance of hello call, the happy birthday call and the life event call.

They wake up early.

They exercise – at least 30 minutes a day, and it is usually cardio to keep them in optimum physical condition.

They dream set and pursue things they are passionate about. When Tom asked Richard Branson ‘If he considered himself a workaholic’ Branson told Tom he ‘every day he goes to work he feels like he is playing 14 hours a day.’

They have Mentors: Although only 24% of the rich had mentors 93% of those attributed their wealth to their mentors.  And that is because mentors take the risk out of success and you can duplicate the habits and processes to shortcut your success.

The rich mastered living below their means whilst expanding their means. 65% of self made millionaires have 3 streams of income. 44% had 4 streams.

The good news is you can emulate many of these habits into your life right now.

To find out more about Tom Corley go to richhabits.net

 

Chris - InvastChris Tate

Find out why you need to be a Trading Chihuahua in the markets with Chris Tate’s quote for the week.