9 Things Rich People Do Differently Every Day

9 Things Rich People Do Differently Every Day

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1Rich Habits

Rich Habits: The Daily Success Habits Of Wealthy Individuals.

“The metaphor I like is the avalanche,” says Thomas Corley, the author of Rich Habits: The Daily Success Habits Of Wealthy Individuals. “These habits are like snowflakes — they build up, and then you have an avalanche of success.”

Corley spent five years studying the lives of both rich people (defined as having an annual income of $160,000 or more and a liquid net worth of $3.2 million or more) and poor people (defined as having an annual income of $35,000 or less and a liquid net worth of $5,000 or less).

He managed to segment out what he calls “rich habits” and “poverty habits,” meaning the tendencies of those who fit in each group. But, Corley explains, everyone has some rich habits and some poverty habits. “The key is to get more than 50% to be rich habits,” he says.

And what are those rich habits that are so influential?
Here are a few….

2Rich people always keep their goals in sight

Carlos Slim Helu

“I focus on my goals every day.”

Rich people who agree: 62%
Poor people who agree: 6%

Not only do wealthy people set annual and monthly goals, but 67% of them put those goals in writing. “It blew me away,” says Corley. “I thought a goal was a broad objective, but the wealthy said a wish is not a goal.”

A goal is only a goal, he says, if it has two things: It’s achievable, and there’s a physical action you can take to pursue it.

3They don’t watch TV

Bill Gates

“I watch TV one hour or less per day.”

Rich people who agree: 67%
Poor people who agree: 23%

Similarly, only 6% of the wealthy watch reality shows, compared to 78% of the poor.

“The common variable among the wealthy is how they make productive use of their time,” explains Corley.

“They wealthy are not avoiding watching TV because they have some superior human discipline or willpower. They just don’t think about watching much TV because they are engaged in some other habitual daily behaviour — reading.”

4They read … but not for fun

Amancio Ortega

“I love reading.”

Rich people who agree: 86%
Poor people who agree: 26%

Sure, rich people love reading, but they favour non-fiction — in particular, self-improvement books. “The rich are voracious readers on how to improve themselves,” says Corley. In fact, 88% of them read for self-improvement for 30 minutes each day, compared to 2% of poor people.

5Plus, they’re big into audio books

Warren Buffett

“I listen to audio books during the commute to work.”

Rich people who agree: 63%
Poor people who agree: 5%

Even if you aren’t into audiobooks, you can make the most of your commute with any of these commute-friendly self-improvement activities.

6They make a point of going above and beyond at the office

Larry Ellison

“I do more than my job requires.”

Rich people who agree: 81%
Poor people who agree: 17%

It’s worth noting that while 86% of rich people (compared to 43% of poor) work an average of 50 or more hours a week, only 6% of the wealthy people surveyed found themselves unhappy because of work.

7They watch their waistline

Charles Koch

“I count calories every day.”

Rich people who agree: 57%
Poor people who agree: 5%

Wealthy people value their health, says Corley. “One of the individuals in my study was about 68 and worth about $78 million. I asked why he didn’t retire, and he looked at me like I was from Mars.

He said, ‘I’ve spent the last 45 years exercising every single day and watching what I eat because I knew the end of my career would be my biggest earning years.’ If he can extend his career four to five years beyond everyone else, that’s about $7 million for him.”

8They take care of their smiles

David Koch

“I floss every day.”

Rich people who agree: 62%
Poor people who agree: 16%

Enough said.

9They aren’t hoping to win the jackpot

Liliane Bettencourt

“I play the lottery regularly.”

Rich people who agree: 6%
Poor people who agree: 77%

That’s not to say that the wealthy are always playing it safe with their money. “Most of these people were business owners who put their own money on the table and took financial risks,” explains Corley. “People like this aren’t afraid to take risks.”

10They know what needs to be done today

Christy Walton

“I maintain a daily to-do list.”

Rich people who agree: 81%
Poor people who agree: 19%

Not only do the wealthy keep to-do lists, but 67% of them complete 70% or more of those listed tasks each day.

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  • Humphrey Mogashoa

    These are interesting powerful lessons, from your article: “Nine things rich people do differently each day”.

  • Nomathemba Mothibi

    Thomas Corley’s findings regarding the rich and poor people’s habits is very interesting. As I read the “Nine things rich people do differently”; I could relate to all but the audio book one. When I reached the 3rd habit i just laughed very hard because to me, going a day without flosing is just wrong. Thank you very much for the inspirational content.

  • Awosanya .O. Oladimeji

    great one

  • Richard Santoro

    Awesome article, and did you know who are the worlds top 100, most famous entrepreneurs or how they got there? Then check this out: http://www.entrepreneur-ideas.org/worlds-famous-entrepreneurs-top-100-list/#.VDpWSmeSzh4

  • Bandile

    This all makes one think of all the wrong habits that we never regard them as bad. We always think TV is for relaxation and keeping up with trends but we over do it as it is explained.