Frank Thelen & Co.: Self-made millionaires give career tips

Multimillionaire Koschat in front of his private jet

“A lot of work, little vacation, little free time – unfortunately I haven’t found any other way.”

(Photo: Jana Madzigon)

Dusseldorf If anyone knows what makes self-made millionaires tick, it’s Tom Corley. For three years, the US author based near New York interviewed hundreds of rich and poor people to find out what makes them different.

Corley noticed that the rich have much more in common than just their high bank balance. “Almost all of the self-made millionaires in my survey were realistic optimists,” the consultant told Handelsblatt. “Her unbridled optimism was fueled by her drive to work toward a goal while maintaining realistic expectations.”

According to Corley’s definition, wealthy is someone who earns more than 160,000 US dollars (equivalent to around 150,000 euros) a year and also has a good three million dollars on the high side. He defined poor as people with an annual income of less than $35,000 (about 33,000 euros) and less than $5,000 in savings.

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