The average individual performs far below their abilities. They do what they have to do to survive; to get by. They avoid taking risks that could disrupt their lives. True success is the byproduct of unleashing your innate abilities; exposing them to the light of day for all to see. But this requires risk. That…
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
If the 2020/2021 Pandemic has taught us anything it is that economic calamities happen. Some are worse than others. Depressions are, by far, the worse type of economic downturn. But they are rare. Recessions, however, are more commonplace. During recessions, millions lose their jobs. In the aftermath of a recession bloodbath, many lose their homes,…
One day Warren Buffet was sitting in the cockpit of his plane with his pilot, Mike Flint. They were having a conversation. Flint asked Buffet what it takes to succeed. Buffet shared with him the following 3 Step Strategy for Success: STEP #1 Top 25 Goals Buffet had Flint write down his top 25 Goals. STEP #2…
You can’t fake your way to confidence. It’s not something you can manifest by good thoughts alone. Confidence is a byproduct of taking action that produces results which helps build confidence. The more you achieve, the more you succeed, the more your confidence grows. In a way, confidence is very much like a bucket….
Sixteenth century astronomer Galileo Galilei stood on the shoulders of 15th century astronomer Nicolaus Copernicus when he proved through his own experiments that Copernicus’ sun centered theory was correct. Sir Isaac Newton, considered the father of physics and calculus, stood on the shoulders of Copernicus, Galileo and Rene Descartes. Albert Einstein stood on the shoulders…
Finding a mentor is like having someone deposit $4 million into your bank account. Only 24% of the wealthy in my Rich habits study were fortunate enough to have had someone mentor them in their lives. Of this 24%, however, 93% attributed their enormous wealth to their mentors. The average net liquid wealth of the…
Are you an optimist or a pessimist? That’s an important question because pessimism is a recipe for failure. A paper published by the University of Cologne in Germany in the May 2015 Journal of Personality and Psychology, in which more than 68,000 Americans and Europeans were studied, found that pessimism causes poverty. The study noted…
Becoming a successful entrepreneur is not easy. I spent five years studying 177 self-made millionaires and I have to say, the entrepreneurs in my study were among the most courageous, fearless individuals I have ever met. They put everything on the line. They took enormous risks in the pursuit of their dreams. If you want…
As a CPA, I’ve been advising wealthy individuals in money matters for more than 30 plus years. Plus I spent five years studying the money habits of the rich. In my CPA business and from my research, I’ve documented a few common money blunders even smart, wealthy individuals make. You would think they’d know…
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life, I like to begin my presentation by asking the same three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in…