1 Hour Guide - Anil Nathoo

#24 - 17 Habits of Self-Made Millionaires by Thomas C. Corely


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In his groundbreaking book “Change Your Habits, Change Your Life,” author Thomas C. Corely presents a compelling roadmap to success based on five years of meticulous research and interviews with 177 self-made millionaires. This work offers readers a rare glimpse into the routines and thought processes that pave the way to exceptional achievement and financial prosperity.


The Power of Habits

Corely’s research underscores a fundamental truth: success is not a matter of chance, but rather the result of consistent, positive habits cultivated over time. By studying the daily routines and behaviors of self-made millionaires, Corely identified 17 key habits that set these high achievers apart. These habits span various aspects of life, including personal development, health, relationships, and financial management.


The 17 Habits of Millionaires

Consistent Reading: Self-made millionaires are lifelong learners. They make reading a daily habit, focusing on self-improvement, education, and staying informed about their industry and the world at large.

Regular Exercise: Physical health is a priority for successful individuals. Regular exercise not only improves physical well-being but also enhances mental clarity and stress management.

Surround Yourself With Success: Millionaires understand the power of association. They actively seek out and cultivate relationships with other successful, positive, and goal-oriented individuals.

Commitment to Volunteering: Giving back to the community is a common trait among self-made millionaires. Volunteering not only helps others but also provides networking opportunities and personal fulfillment.

Practice Dream Setting: Successful individuals don’t just set goals; they dream big and then work backwards to create actionable plans to achieve those dreams.

Pursue Personal Goals: Millionaires are driven by personal ambitions. They set clear, specific goals and work persistently towards achieving them.

Get Adequate Sleep: Understanding the importance of rest, successful people prioritize getting enough quality sleep to maintain high levels of productivity and focus.

Wake Up Early: Many millionaires are early risers, using the quiet morning hours for personal development, planning, and tackling important tasks.

Generate Multiple Sources of Income: Financial diversification is key. Self-made millionaires often have multiple streams of income, reducing risk and increasing wealth-building opportunities.

Find and Consult Mentors: Successful individuals recognize the value of guidance and actively seek mentors who can provide advice, support, and industry insights.

Help Others Succeed: Millionaires often find fulfillment and create valuable networks by helping others achieve their goals.

Stay Positive: A positive mindset is crucial for overcoming obstacles and persisting in the face of challenges.

Don’t Conform: Self-made millionaires are often innovators and free thinkers. They’re not afraid to challenge conventional wisdom and forge their own paths.

Practice Good Etiquette: Success often hinges on relationships, and millionaires understand the importance of good manners and social skills in building and maintaining these connections.

Spend Time Each Day in Thought: Reflection and contemplation are valued by successful individuals. They make time for deep thinking, problem-solving, and strategic planning.

Seek Feedback: Millionaires are open to constructive criticism and actively seek feedback to improve their performance and decision-making.

Be Resilient: The ability to bounce back from setbacks and persist in the face of adversity is a defining characteristic of self-made millionaires.


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1 Hour Guide - Anil NathooBy 1 Hour Guide - Anil Nathoo