Financial Independence

The Blogging Millionaire

Brandon Gaille - CEO of The Blogging Millionaire Media Network

Technology, Business, Marketing

4.8 • 737 Ratings

🗓️ 20 April 2017

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a three year study of millionaires, these eight habits stood out above everything else in paving the path to financial independence.

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The show notes page with all the goodies can be found here:
https://theblogmillionaire.com/56

Transcript

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0:00.0	Welcome to the blog millionaire, where we break down the essential strategies of today's most successful bloggers
0:08.0	to take your blog to the next level with top-notch content, monumental traffic growth, and multiple revenue streams to go beyond your wildest goals.
0:17.0	So get ready to blog like a pro and make your traffic explode with your host, whose blog gets more than one million visitors every single month, Brandon Galey.
0:30.8	My name's Brandon Galey and welcome to episode 56 of the blog millionaire.
0:36.3	In this episode, I'm going to be breaking down the eight core habits of the rich and wealthy.
0:42.6	From 2004 to 2007, Thomas Corley did an exhaustive study to find out the underlying differences
0:49.6	between the wealthy and the poor.
0:52.2	He spent 16 months analyzing and summarizing all the data
0:58.2	that he acquired from his extensive interviews. The people in the wealthy group had an annual
1:04.2	gross income greater than $160,000 and $3.2 million in net assets.
1:12.2	The individuals in the poor group had an annual gross income of less than $35,000 and $5,000 in liquid assets.
1:22.8	The results from the study revealed eight core habits of the rich and wealthy.
1:27.9	These habits are a blueprint for accumulating wealth and success.
1:33.8	So let's go ahead and get right into the first habit.
1:37.6	Number one, listen to audiobooks or podcast during your commute.
1:48.1	Thomas Corley's study found that 63% of the wealthy did this,
1:56.3	and only 5% of the poor did the same. When I was 24, I made a commitment to turning my car into a rolling library. I look forward to getting stuck in traffic and taking long, long road
2:03.7	trips. These were the times that I would learn the most and come up with my best business ideas.
2:09.8	More recently, I have phased out my audiobooks and replaced them with podcast episodes. From NPRs, how I built this, to the art of charm,
2:20.8	there is an endless supply of free knowledge to supercharge your personal development.
2:25.7	I still have a personal CD library of over 200 personal development books.
2:31.2	When friends and family ask me for advice, I always pull out one of my audiobooks to
	...

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