The Business of the Rich is Manufacturing Luck

What do wealthy people do to become wealthy?”

The answer is – “They create their own good luck”.

But how can you create good luck?

Before I answer that question we need to understand luck.

There are four types of luck:

  1. Random Good Luck
  2. Random  Bad Luck
  3. Opportunity Good Luck and
  4. Detrimental Bad Luck

Random Good Luck

This is a type of luck that no one has control over.

It’s like winning the lottery, an inheritance from an old relative you didn’t even know you had or being born into a rich family.

Random Bad Luck

When people say they have no luck, they usually mean they have no good luck.

The fact is, we all experience luck in our lives.

Unfortunately, sometimes it’s random bad luck.

Getting hit by lightening, your employer going bankrupt, being born with color blindness or growing up in Rwanda in the 1990s are all types of Random Bad Luck.

Opportunity Good Luck

This is the type of good luck that the wealthy create.


OpportunityThey do certain things every day that create the opportunity for good luck to occur in their lives.

I call these certain things, Rich Habits.

The Rich Habits are various habits that self-made millionaires either learned from a parent, mentor or through the school of hard knocks.

They are habits that put the pursuit of success on autopilot.

Each Rich Habit is like a snowflake falling on a mountainside.

Over time, these snowflakes build up until one day you experience an avalanche of good luck.

This might be a raise, promotion, bonus, new job, big client/customer, etc.

Detrimental Bad Luck

This is a type of bad luck most of the non-rich create.


They do certain things every day that manifest this bad luck.

I call these certain things, Poor Habits.

These Poor Habits are picked up at home, from parents, from friends in the neighborhood or by following the wrong people.

Luck Habits

Each Poor Habit is also like a snowflake on a mountainside.

Over time, these snowflakes build up until you experience an avalanche of bad luck.

This might be a heart attack, getting fired from your job, or bankruptcy.

Because many of the Rich Habits are Keystone Habits, adopting just one can help you automatically eliminate two or more Poor Habits, which are overwhelmed by each Rich Habit you forge.

As you adopt more Rich Habits, those good habits will eventually create the opportunity for good luck to occur in your life.

So, in a sense, when you adopt Rich Habits, it’s like hitting a double in baseball – not only do you help create Opportunity Good Luck, but you also help reduce Detrimental Bad luck, through the elimination of Poor Habits.

The Rich Habits are like little miracle workers.

They not only help improve your life, they also help change your luck.


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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:

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