According to the Tax Foundation, the top 5% in America makes $231,206 a year or more. This same elite group, according to the Federal Reserve Survey, also happens to control 60% of the nation’s wealth.
Like it or not, this 5% controls the lives of the other 95% in America. They call the shots.
So, who are the 5%?
13% are salesmen/saleswomen
18% are senior executives in big publicly-held companies
21% are “A” students
23% love to ski
24% had a career mentor
25% have a post graduate degree
25% travel as part of their job
27% failed at least once in life in business
28% have a professional designation
29% are “C” students
33% grew up poor or middle-class
36% have a vacation home by the ocean
41% are “B” students
47% went to a private college
47% went to private grammar school
51% are small business owners/entrepreneurs
52% have a second home
54% are optimists
56% worked their way through college
57% count calories every day
62% focus on goals every day
63% played competitive sports in high school
63% took a risk in order to become rich
63% watch less than one hour of T.V. a day
64% live in a modest home
67% are frugal
68% have a college degree
70% eat less than 300 junk food calories a day
72% have enough life insurance to replace their income
72% know their credit score
75% are creative
75% developed specific habits to help them become rich
76% exercise aerobically 30 minutes or more each day
80% pursued a major goal or dream in life
84% say they created their own good luck
85% like what they do for a living
86% associate with other rich, successful people
86% go out of their way to avoid negative, pessimistic people
86% work more than 50 hours per week
88% are savers
91% are decision makers at their job
93% who had a mentor, attribute their wealth to their mentors
94% balance their checkbook every month
94% engage in daily self-improvement
96% have ten or more friends who are successful
About Thomas C. Corley
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