A Financial Planner Interviewed 233 Millionaires - Here are 6 Habits That Made Them Ultra Wealthy

Tom Corley, an internationally recognized authority on habits and wealth creation. In Tom’s five-year study of the rich and poor he identified over 300 daily habits that separated the “haves” from the “have nots.”

Over the course of five years, he studied the habits of 233 millionaires - 177 of them self-made - to find out how they use their time. According to his research, they all shared six principles that helped them build wealth.

1. Self-made millionaires are constantly learning: Almost all of them were perpetual learners, they were actively involved in improving themselves every single day through books, and online courses, learning new skills to keep themselves relevant in the information economy.

2. Self-made millionaires listen more than they talk: One strategy that came up many times during his interviews was the “5:1 listening rule.” In group settings, for every minute they spoke, the millionaires listened for five minutes. That gives them an edge over others.

Listening is a great way to get fresh perspectives, ideas, and feedback. It also makes other people feel important and strengthens work and personal relationships. 81% said that they actively sought feedback from others every day, both inside and outside of the workplace.

3. Self-made millionaires build great teams: In the research, Tom found that 86% of these millionaires worked 50 hours per week, but they didn't work alone. They capitalized on their strengths and delegated their weaknesses.

They surrounded themselves with people who were great at what they did and shared the same vision as them. It helped them build wonderful products and services that solved the problems of the masses. Wealth is built by hiring the right people for the right job.

4. Self-made millionaires dream big: It's not a clique, they all are dreamers. You can't achieve something you don't believe in. They sat down and wrote out what their ideal, perfect life looked like 10 years into the future. They refused to give up on an idea they believed in.

5. Self-made millionaires prioritize their health: Good health translates into longevity, which means more time to create more wealth. They took care of their wealth which kept their mood in high spirits boosted their creativity and allowed them to see things differently.