The fastest way to success is to model what other successful people do. If you want to become wealthy and influential then you should study the habits of what other wealthy and influential people have. Anything in life which you want to have, you’ve gotta make it a study. For example, if you want to be an engineer, you must study engineering. If you want to be successful and happy, you must study success and happiness. If you want to be rich, you first need to have some habits of rich people.
You might have heard the saying “Success is a habit.”. That’s totally true! Aristotle once said, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.”
If you have read the little book called “The common denominator of success” by Albert E.N. Gray, there are two points that stand out:
- The secret of success of every man who has ever been successful — lies in the fact that he formed the habit of doing things that failures don’t like to do.
- Successful people are driven by the desire for pleasing results, whereas failures are driven by the desire for pleasing methods.
Tom Corley (bestselling author & accountant) wrote a list of 10 rich habits that will make people rich, and followed by 18 poverty habits that are keeping people poor.
For the purpose of this article, I have condensed Tom Corley’s list into the 10 things that rich people and poor people do differently; and surprisingly these 10 things are not related to money.
10 Things The Rich and The Poor Do Differently:
#1. Rich people set goals. Rich people are four times as likely to write down their goals as poor people. 80% of rich people focus on achieving their goals, compared to just 12% of poor people. Remember goals that are not written down are just wishes.
#2. Rich people have good eating habits. 70% of rich people eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day.
#3. Rich people don’t waste their money into gambling. Only 23% of rich people gamble whereas 52% of poor people gamble. Rich people don’t gamble as their strategy to building wealth, whereas many poor people use this strategy as their main vehicle to build wealth.
#4. Rich people look after their health. 76% of rich people exercise aerobically at least four days a week. Only 23% of poor people do this.
#5. Rich people keep their cards close to their chest. 11.6% of rich people say what’s on their mind, compared to 69% of poor people.
#6. Rich people are organized. About 81% of rich people keep a to-do list and only 19% of poor people do this.
#7. Rich people are readers. 88% of rich people read material that relates to their education, career or personal growth for at least 30 minutes each day, while just 2% of poor people do likewise. Remember not all readers are leaders, but all leaders are readers.
#8. Rich people think about other people’s birthday. 80% of rich people make Happy Birthday calls compared to just 11% of poor people.
#9. Rich people don’t spend too much time in front of TV. 67% of rich people watch less than one hour of TV each day and only 6% watch reality TV compared to 78% of poor people.
#10. Rich people are willing to learn and grow. 63% of the rich listen to audio books during commute to work vs. 5% of poor people.
If you want to learn more about the way which rich people think differently to the poor, read this article about the 17 Wealth Files by T Harv Eker.
Let me leave you with one last thought from Jim Rohn: “Poor people have big TV’s. Rich people have big libraries.”
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