TL;DR – Basically the whole point of this article is “only stupid people watch reality TV, so stop otherwise you are going to be poor all of your life.”. In other words, “reading is more likely to lead to success than TV watching”. To get a true perspective on how to become rich, you must study rich people. After all, you become what you study.
“Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.” – Zig Ziglar
I was reading this article on Entrepreneur.com where author talks about the differences in thoughts and actions between the “rich” and the “poor”. I think the most important part of this article is that the poor people have TV and rich have big libraries, following is an excerpt:
10a. Poor people have big television sets
Poor people take a lot of time to drift off to sporadic images of which they often have little to no control over. They use their free time to avoid the art of thinking (which is the most challenging task) and zone out to what many have conformed to believe is “entertainment.”
10b. Rich people have big libraries
Wealthy people are educated and read a lot of books. They use their knowledge in a way that benefits them. Instead of drifting off in random activities, they seek to get within their minds to understand themselves, others, and the world in which they live. In fact, as your personal library increase over the years, so will your home. I can attest to this!
Read more: http://www.entrepreneur.com/article/253331
Being rich does not mean the guy with a lot of money whose decorative book shelf is just a display of books, which are never read. It’s the people with genuine interest in reading and learning. It implies a person who has worked hard, and achieved true success through perseverance and effort.
Time Wasting Habits
The author Thomas C. Corley documented the daily activities of 233 wealthy people and 128 people living in poverty. He discovered there is an immense difference between the habits of the wealthy and the poor. During his research he identified over 200 daily activities that separated the “haves” from the “have nots.” The result of his research can be found in his #1 bestselling book Rich Habits – The Daily Success Habits of Wealthy Individuals”.
During his research he found that poor people indulge in a lot of time wasting activities like reality-TV and internet etc while rich people spend more time on self-education and skill building. According to his research:
- Only 6% of the wealthy watch reality shows, compared to 78% of the poor.
- 74% of the poor spend more than an hour on internet using things like Facebook, Twitter, Instagram, Snapchat or YouTube. Conversely, 63% of the rich spent less than an hour each day on the Internet. This freed up more time to read for self-education.
- While many of the poor in his study said they read regularly, 79% admitted that they read strictly for entertainment.
- Only 11% of the rich said they read for entertainment. Instead, they focused their reading on self-education: biographies of successful individuals, career-related reading, self-help, history and money matters.
When you’re wasting your time watching TV, on social media or reading for entertainment it leaves little time to do productive things like reading to learn, volunteering or building a side business.
Time does not discriminate. Everyone gets twenty four hours, rich or poor. The rich simply choose to spend their time differently, doing things that are productive.