New study suggests that friendships are a significant factor in having a successful career

You’re as good as the company you keep, so the saying goes. But that doesn’t mean that you should ditch all your friends that haven’t attained the peaks of success yet. I’m sure there are people out there who, in a fit of desperation, have burnt friendships out of fear of keeping the wrong company, but that’s not the way to succeed.

In a new study by Thomas C. Corley, it turns out that your friendships could have a major impact on your net worth across your career. After studying the daily habits and lifestyles of the wealthy for five years, Corley found that a lot of this success could be attributed to the distinct lack of pessimists in their social circles.

As Business Insider reports, in the book Change Your Habits, Change Your Life, Corley writes: “Self-made millionaires are very particular about who they associate with. 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.”


Image credit: Instagram – @MrPorterLive

In an overwhelmingly clear experiment, it turns out that as much as 86% of rich people made a habit of networking and exposing themselves to people of the same mindset and wealth as them. The former we can all understand.

It sounds callous but that’s unfortunately the reality of the working world. The importance of substituting the toxic people in your life for those that will challenge you is directed correlated with success, even if it means untethering from long-term friendships.

This is quite a hard concept for younger people to swallow, I believe. Since our closest friendships have been built for over a decade, the idea of ditching someone because they don’t have the same drive of you just seems insensitive. However, as you get older, friendships become fleeting and shorter which makes the detachment process a lot easier.