Who you hang out with matters more than you may think. In fact, your friendships could have a major impact on your net worth.
In Business Insider’s article, a man who studied financially successful people for five years found that they avoid one type of person.
After researching the daily habits of wealthy people for five years, author Thomas C. Corley found that they avoid one type of person at all costs: pessimists.
“Self-made millionaires are very particular about who they associate with,” Corley writes in his book, ‘Change Your Habits, Change Your Life’. “You are only as successful as those you frequently associate with. The rich are always on the lookout for individuals who are goal-oriented, optimistic, enthusiastic, and who have an overall positive mental outlook.”
Eighty-six percent of the rich people in his study made a habit out of associating with other success-minded individuals. On the flip side, “they also make a point to limit their exposure to toxic, negative people,” he explains.
The importance of substituting negative friends and acquaintances for positive individuals stems from the fact that positivity was a hallmark of the successful people he studied — and we emulate the people we associate with.
“Long-term success is only possible when you have a positive mental outlook,” Corley states.
He’s not the only one to suggest that negativity derails success — or that your relationships could affect your financial success.
Nearly a century ago, journalist Napoleon Hill drew similar conclusions after researching over 500 self-made millionaires. “Men take on the nature and the habits and the power of thought of those with who they associate,” he wrote in his 1937 bestseller, “Think and Grow Rich,” and “there is no hope of success for the person who repels people through a negative personality.”
The bottom line: Negativity will derail you from pursuing success, and like attracts like. Avoid the pessimists and start hanging out with the optimists.
Read the original article and more great content on Business Insider.
DID YOU KNOW?
Click on the words highlighted in red to read more on this and related topics.
To receive news links via WhatsApp, send an invite to 061 694 6047
The South Coast Sun is also on Facebook, Twitter, Instagram and Pinterest – why not join us there?
Do you have more information pertaining to this story?
Feel free to let us know by commenting on our Facebook page or you can contact our newsroom on 031 903 2341 and speak to a journalist.
(Comments posted on this issue may be used for publication in the Sun)
