Many first-time entrepreneurs fail. And when they fail, everyone inside their inner circle suffers – spouses, children, business partners, their banks, creditors, and others feel the pain of their failure. So, why do so many entrepreneurs fail? Thanks to my Rich Habits research, I have an enormous amount of unique quantitative and qualitative data that I…
Articles by Tom Corley
Tom is a CPA, CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty and his research he identified over 200 daily activities that separated the “haves” from the “have nots” which culminated in his #1 bestselling book, Rich Habits – The Daily Success Habits of Wealthy Individuals. Visit the website: www.richhabits.net
Sleep is by far the most important Rich Habit for good health. Inadequate sleep has the following negative repercussions: Reduction in Leptin – Leptin is a hormone that signals it is time to stop eating. Inadequate sleep reduces the concentration of this very important hormone, leading you overeat. Increase in Ghrelin – Ghrelin is a…
Most of us do as we are told. This habit forms early in life. Our parents, for our own good, make us do things we don’t want to do: wake up early for school, eat broccoli, do homework, house chores, etc. Doing what we are told is conditioned into us from the very beginning. But…
In the early days of humanity, food was scarce. So, the brain evolved to encourage gorging, or overeating. The body then stored any excess nutrients in the liver and in fats cells throughout the body. When scarcity returned, the nutrients stored in the liver and fat cells were converted to energy and used to keep…
I spent many years studying the rich and the poor in my Rich Habits Study and found that there were twelve problems almost everyone has to contend with in life: Health Problems Financial Problems Family Problems Neighbor Problems Home Repair Problems Car Problems Addiction Problems Job Problems Relationship Problems Death or Disability Problems Time Management…
Have you ever wondered what the most common major problems are in life? I have. I spent the past 12 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with: Health Problems Financial Problems Family Problems Neighbor Problems Home Ownership…
Is There One Overriding Secret to Success? I’ve spent the better part of 14 years interviewing/studying rich people and poor people. As a result, I’ve accumulated an enormous amount of research data. I’ve shared a good amount of my research with tens of millions around the globe, thanks to my friends in the media and…
5 years of studying rich people taught me they have a set of unwavering beliefs that the rest of us don’t Beliefs represent the acceptance of something without any proof to back up what we accept as fact. They are inherited unconscious programming. In my five-year Rich Habits study of 233 rich people and 128…
When it comes to managing and investing money, the rich are very different from the non-rich. From my five-year study of the rich and the poor, I discovered that there were certain common money management mistakes the rich never seemed to make. The Rich Avoid Uneducated Risk Taking The rich do their homework. They study…
Parents serve a very important, basic function in society – they turn children into functioning adults. This is a critical function because without it, society would fall into utter chaos. But if you want more for your children, you must become more to your children, than a parent. You must become a success mentor. About…