Entrepreneurship is the quickest path to wealth, offering the potential to bypass the slow grind of traditional saving and investing. I am a CPA, Certified Financial Planner and author of Rich Habits: The Routines Millionaires Use Daily That Will Help You Build Wealth.

Over a five-year period, I studied the daily habits of 233 wealthy individuals, of which 177 were self-made millionaires, and 128 people living in poverty. My Rich Habits research, along with insights from other independent third-party experts/studies corroborating my research, reveals that entrepreneurship accelerates wealth-building when paired with specific habits.

This article explores why entrepreneurship is the fast track to wealth and how my findings can guide aspiring entrepreneurs to success.

Related: 10 Habits That Separate Rich and Successful Founders From Wannabe Entrepreneurs

My research shows that self-made millionaires who pursued entrepreneurship built wealth faster than those who relied on saving and investing as employees. In my five-year Rich Habits Study, "Saver-Investors" took an average of 32 years to accumulate $3.3 million, while entrepreneurs reached $7.4 million in just 12 years. This gap highlights entrepreneurship's potential to compress the wealth-building timeline.

Entrepreneurs can create multiple income streams, scale businesses and directly influence financial outcomes, unlike employees tied to fixed salaries. However, I must emphasize that success depends on adopting certain 'Rich Habits' — daily routines that set successful entrepreneurs apart.

Below are the key habits from my research, tailored for aspiring entrepreneurs.

In my Rich Habits study, 80% of self-made millionaires set specific, long-term........

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