Tom Corley

Dec 10, 2024 | propertyupdate.com.au | Tom Corley

I just finished reading an article complaining about the rich. The author was upset at the fact that 1% controlled 82% of the wealth in the world. In the author’s mind, there was something inherently unfair about this. The author, like many who are not in the 1%, felt that the wealth the 1% created didn’t necessarily belong to them and offered government solutions to cap or redistribute the wealth of the rich. It’s true. One per cent does control 82% of the wealth.

Oct 23, 2024 | propertyupdate.com.au | Tom Corley

One of the #1 traits shared by the self-made millionaires in my Rich Habits study was a positive mental outlook. The average net worth of those millionaires was $4 million. So, being positive is worth quite a bit of money. But what is a positive mental outlook? It is an upbeat lens through which you see your world. How do you see the world?

Aug 18, 2024 | propertyupdate.com.au | Tom Corley

Is there one overriding secret to success? I’ve spent the better part of 16 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 my Rich Habits devotees. One question I am constantly asked by those familiar with my books and research is this:Did you find one overriding secret to becoming rich?

Aug 11, 2024 | propertyupdate.com.au | Tom Corley

In my five-year study of the habits of the rich and poor, I discovered that luck plays a critical role in determining success or failure. In fact, 87% of the rich in my study admitted that good luck, or unexpected good consequences, made it possible for them to amass their enormous wealth. Conversely, 54% of the poor admitted that bad luck, or unexpected bad consequences, forced them into poverty. But there’s more to the story.

Jul 27, 2024 | propertyupdate.com.au | Tom Corley

I was 24 when I took my first flight on a plane. Growing up poor didn’t give me much opportunity to travel. In fact, it wasn’t until I started my career as a CPA that I realized how much I had missed out on. At Arthur Anderson, I flew for the first time to Chicago. Woe. I was dumbstruck. Everything about that first trip I remember. Emotions do that. When stoked, they enable you to remember everything. My initial dream, out of college, was… well honestly, I didn’t have one. I was a janitor.