But Science Says:
There's no direct connection between getting up inhumanly early and personal achievement. In fact, if there is any correlation between sleep schedules and a wealthier, healthier, and wiser lifestyle, it's quite likely the other way around.
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Multiple studies going back as far as the late '90s call thunderous bullshit on the benefits of being an early riser. One 2013 study on teenagers revealed that night owls tend to be better at inductive reasoning and get higher scores on intelligence and memory tests. Translated from scientific babblespeak, this means that teenagers who stay up crazy late are more likely to end up with "prestigious jobs and higher incomes." They do, however, tend to get slightly lower grades in school, presumably because paying attention is hard when you're struggling to keep your eyes open for half the day because you were up all night writing a novel.
That covers wealth and wisdom, but what about health, the third part of Benji Franks' famous old man advice? Well, one study went so far as to test all three claims, and found that (in addition to being no less wise or wealthy) night owls were about on par with early risers as far as their likelihood of shuffling loose their mortal coil. The exception to this seems to be Australia, where researchers found that teens who were night owls were more likely to be obese than their early-rising counterparts -- and that's a big fucking deal in a country where outrunning dangerous animals is an occasional necessity.
So getting up early doesn't really give you any solid advantage over people who burn the midnight oil and roll out of bed well after McDonald's stops serving breakfast. Take that, Ben Franklin.