8 Ways Ordinary Individuals Become Self-made Millionaires with Tom Corley

Entrepreneurs on Fire

John Lee Dumas

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4.8 • 4.1K Ratings

🗓️ 1 April 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tom Corley is CPA, CFP, holds a Master’s Degree in Taxation and is a bestselling/award-winning author for his Rich Habits Series of books.

Top 3 Value Bombs

1. Most people don’t have the right personality to succeed as an entrepreneur.

2. If you want to become wealthy, you need a clear vision of who you want to be and what you want to have.

3. Rich people are relationship builders because they say relationship is the currency of the wealthy.

Subscribe to Tom’s website and get a copy of his book - Effortless Wealth

Sponsors

NetSuite Over 41,000 businesses have future-proofed their business with NetSuite, by Oracle - THE number one cloud E.R.P. Download the CFO’s Guide to AI and Machine Learning for free at NetSuite.com/fire

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Transcript

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0:00.0	Boom. Shake the room, Fire Nation. JLD here and welcome to Entrepreneurs on Fire, the only
0:07.1	daily show interview in the world's top entrepreneurs seven days a week. Today we'll be breaking
0:11.3	down eight ways ordinary individuals become self-made millionaires. To drop these value bombs,
0:16.7	I are brought to Tom Corley into EO Fire Studios. Tom is a CPA, CFP, and holds a master's degree in taxation.
0:22.6	It is a best-selling award-winning author for his Rich Habits series of books.
0:27.4	And today we'll talk about the four paths to wealth, good debt versus bad debt,
0:31.0	rich habits versus poor habits, frugal spending versus cheap spending, and oh, so much more.
0:35.7	And a big thank you for sponsoring today's episode goes to Tom and our sponsors.
0:40.3	Over 41,000 businesses have future-proved their business with NetSuite by Oracle, the number
0:47.0	one cloud ERP, bringing accounting, financial management, inventory, and HR into one platform.
0:52.3	Download the CFO's guide to AI and Machine Learning for free at netseweets.com slash fire.
1:00.3	Tom, say what's up to Fire Nation and share something that you believe about becoming
1:05.3	successful that most people disagree with.
1:08.7	Hey, Fire Nation, and thanks, John, for having me back on.
1:11.6	I really do appreciate it.
1:13.7	There's one thing in all of my rich habits research surrounding entrepreneurs that I found
1:19.6	that most people disagree with me on, and unfortunately, I'm right.
1:24.4	And it's that most people don't have the right personality to succeed as an entrepreneur.
1:33.4	That bothers the crap out of so many people, particularly people that are coming from big corporate America, which happen to have very similar personality traits to entrepreneurs.
1:43.7	But no, that's one that I get a lot of pushback on.
1:48.3	Well, I can see why, but hey, sometimes the truth hurts Fire Nation, but you got to hear it.
1:53.8	And today we're talking about the eight ways that ordinary individuals become self-made millionaires.
	...

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