To become rich, you need to be picky about what you read.
After studying hundreds of people both rich and poor, author of "Rich Habits" Tom Corley reveals the types of books self-made millionaires like to read. Following is a transcript of the video.
Tom Corley: Hi, this is Tom Corley. I'm the author of "Rich Habits."
Wealth, success, being in the middle class, being poor is all about your habits. Reading certain specific books — this is what the self-made millionaires do to help increase their wealth.
You don't have to do a lot. 15 to 20 minutes is all it takes to develop more knowledge, to build your knowledge-base and to improve yourself. You start out with that 15 to 20 minutes of reading every day, and the next thing you know you'll be doing an hour a day because you'll be so excited about all the information that you're learning.
So, I found in my research that there are some common books that the self-made millionaires read. Now, there are self-help books that they read and "How to Win Friends and Influence People" is one of them. But they also read a lot of biographies of other successful people.
Why? Why would they read about someone else's life? Inside these books — these autobiographies or these biographies of successful people is actually a history of all the mistakes that they made. And one of the things that I uncovered in my research is: mentors are the fast-track to building wealth. Well, a book — an autobiography or biography can be a mentor. It can point you in the right direction. It can tell you what to do and what not to do.