Man Spends 5 Years Studying Self-Made Millionaires, Finds the One Habit That Keeps People From Becoming Rich

Man Spends 5 Years Studying Self-Made Millionaires, Finds the One Habit That Keeps People From Becoming Rich
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Editorial Staff
March 22, 2016
One thing you won’t hear self-made millionaires saying regularly: “I’ll do it tomorrow.”
That’s because the one bad habit self-made millionaires avoid is procrastinating, according to Thomas C. Corley, who studied the daily habits of 177 of them over the course of five years.
Corley explains that procrastination “prevents even the most talented individuals from realizing success in life” in his upcoming book, “Change Your Habits, Change Your Life,” reported Yahoo.
“According to Gallup, only 13% of employees are ‘engaged’ in their jobs, or emotionally invested in their work,” Corley writes.
“Whether you realize it or not, procrastination is a big reason why you are struggling financially in life. It damages your credibility with employers and fellow colleagues at work. It also affects the quality of your work and this affects the business you or your employer receive from customers, clients, and business relationships.”
Corley explains in his book that lack of passion is the most common cause of procrastination, which “screams just as loud and clear in the minds of those who excel in life as it does in the minds of those who do not.”
“We simply like to do the things we like to do and we put off the things we do not like to do,” he writes.
According to Corley, individuals can overcome procrastination by following to-do lists, creating strict deadlines, and meeting with “accountability partners” who will hold them responsible for meeting their goals and deadlines.
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