15 habits of self-made millionaires, from a man who spent 5 years studying rich people

Success doesn't crop up overnight. All self-made millionaires had to start somewhere.

Much of their transformation from ordinary to seven-figure status can be attributed to "rich habits," a term coined by Thomas C. Corley, who spent five years researching the daily habits of 177 self-made millionaires.

"From my research, I discovered that daily habits dictate how successful or unsuccessful you will be in life," he writes in his 2016 book "Change Your Habits, Change Your Life."

"There is a cause and effect associated with habits. Habits are the cause of wealth, poverty, happiness, sadness, stress, good relationships, bad relationships, good health, or bad health."

The good news is all habits can be changed, Corley notes. Here are some "rich habits" of self-made millionaires that you can start developing today:

Previous reporting by Kathleen Elkins.