The One Thing That Sets Millionaires Apart From Everyone Else
By Victor Ochieng
Many people want to be rich but keep on wondering why things aren’t working out for them. They try to save, get into business, or pump their money into funds management firms, but still realize no financial progress.
One man carried out a five-year study on self-made millionaires and found out something that defines this clique: They never say “I’ll do it tomorrow.”
What it means is that they avoid procrastination as much as possible, says Thomas C. Corley, who conducted the study on 177 self made millionaires over the five-year period.
In his upcoming book, titled, “Change Your Habits, Change Your Life,” he notes that procrastination “prevents even the most talented individuals from realizing success in life.”
He points out that, according to Gallup, a mere 13% of employees are fully “engaged” or emotionally absorbed in their jobs or work.
“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,” he writes in his book.
On why most people procrastinate, he says people aren’t passionate, something that “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.”
This is because, as humans, “we simply like to do the things we like to do and we put off the things we do not like to do.”
People who’re involved in things they don’t like end up pushing their tasks forward until almost the deadline. Some employees, including freelancers, only push themselves to work when they know the employer is about to ask for work done.
By just talking with people about how they manage their time, you’ll realize many of them are aware that procrastination is negatively impacting their progress. They promise change but end up in the same situation over and over again. Corley advises that the best thing to do to avoid procrastination is to create to-do lists and give oneself strict deadlines. At the same time, he notes that it helps to engage “accountability partners” who’ll push to ensure you meet the set deadlines.