What is the difference between the rich vs poor mindset? How do the successful differ from the rest of us?
So many people do not obtain financial freedom because they do not have one thing: the right mindset. Everything starts with how you think about money, wealth, and success. It is not a matter of luck, birth, or connections.
The biggest differences between rich and poor people can be traced back to mindset, outlook, and behavior. The rich and the poor don’t only differ in how much they have in their pocket, but also in how they think. Rich people have a way of thinking that is different from poor and middle-class people.
They think differently about money, wealth, themselves, other people, and life . By doing so, you will have some alternative beliefs in your mind from which to choose. In this way, you can catch yourself thinking as poor people do and quickly switch over to how rich people think.
A positive attitude, focusing on doing the right thing overlooking good, becoming a continual learner and careful risk management are all differences between the rich and poor. This reduces their odds of becoming poor after disaster strikes, and it helps them achieve their financial goals over the long-term.
A rich mindset will tell you to be self-sufficient & build multiple streams of income. It will tell you to build a team of smarter people than you to leverage the efforts of talented people. The mindset of the rich is the most decisive reason why “the rich keep getting richer, while the poor get poorer.” Bill Gates has been quoted as saying, “If we weren't still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become some mediocre company.”
So, which mindset do you have?
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Very true. Rich Dad Poor Dad is a great insight into the rich mindset. However I wouldnt buy into the marketing merchandise beyond getting a great eye opener in the ways of mindsets and investing.
I would highly recommend the book by M J Demarco, The Millionaire Fast Lane.(Bitcoin edition). Best £12.00 I ever spent.
I would highly recommend the book by M J Demarco, The Millionaire Fast Lane.(Bitcoin edition). Best £12.00 I ever spent.