
The Rich Mindset:
The Rich mindset seeks to spend their time, resources, and energy on work that continues to pay off long after the effort has been invested. Rich mindset is all about getting a flywheel spinning. Building momentum. Creating systems that continue to generate value on their own.
Definition of rich. (Entry 1 of 2) 1 : having abundant possessions and especially material wealth. 2a : having high value or quality. b : well supplied or endowed a city rich in traditions.
Rich people dream of the future. “Self-made millionaires get rich because they’re willing to bet on themselves and project their dreams, goals and ideas into an unknown future,” Siebold writes. “People who believe their best days are behind them rarely get rich, and often struggle with unhappiness and depression.”
What Rich people do?
Self-made millionaires do things a little differently from everyone else. They allocate their time and energy differently, focusing more on personal growth, their thoughts, investments, and work. They also exhibit heightened levels of certain traits, like frugality, resiliency, conscientiousness, and consistency.
- They read consistently.
- They exercise.
- They hang out with other successful people.
- They volunteer.
- They practice “dream-setting.
- They pursue their own goals.
- They sleep at least seven hours a night.
- They get up early.
- Organization. One of the most frequently mentioned habits of those who are successful in life is organization. …
- Relaxation.
- Taking Action.
- Personal Care.
- Positive Attitude.
- Networking.
- Frugality.
- Be humble. You have to learn the lesson of humility. …
- Treat people well. …
- Understand the impact you can have on others. …
- Know how to invest your money. …
- Find the things that make you happy. …
- Surround yourself with the right people. …
- Never become complacent. …
- Appreciate experiences over items.
Be consistently candid and honest. Make it a point to speak what’s on your mind without fear of judgment. By speaking the truth and being honest, you can support your words with actions that will help you pursue your success. Simply thinking for yourself can make you unforgettable.
The Rich Mindset:
Rich mindset understands that the first goal is to gain a surplus of resources. Then, to use that surplus to accelerate things. Accelerate education. Accelerate a business. Accelerate the next generation.
Rich mindset seeks to spend their time, resources, and energy on work that continues to pay off long after the effort has been invested.
Rich mindset is all about getting a flywheel spinning. Building momentum. Creating systems that continue to generate value on their own. Rich mindset is willing to invest resources with seemingly no reward right away.
Rich mindset seeks to build relationships based on trust, liking, shared values, and mutual respect. People with the rich mindset help others and cultivate relationships with no expectation of anything in return.
Rich mindset understands that its reputation is everything, that trust and respect is earned slowly, through hard-fought, bloody effort – and that both can be lost in an instant.
Rich mindset knows that the world isn’t fair, and deals with reality swiftly, humbly, and practically. It knows the world owes it nothing, that the universe is indifferent to its existence, that the default for life is suffering and death. All successes are improbable and should be appreciated as such.
Rich mindset celebrates the successes of others. It embraces the competition and often befriends it.
Rich mindset understands that it can never know everything, and that something can be learned from everyone.
Rich mindset understands that it cannot do everything, and that even if it could, it would create greater value by focusing on its core strengths. It knows that the right team is greater than the sum of its parts.
Rich mindset embraces competition, and knows that iron sharpens iron.
Rich mindset quits strategically. It plans to quit in advance, when it realizes the potential gains of a pursuit are either unreachable with current resources or aren’t worth the pain of the work involved.
Rich mindset sticks it out when the going gets tough, provided that the pursuit is worthwhile. It understands the idea of “The Dip” – that anything worth doing will be hard. It understands that the rewards are reaped by those who push through the difficulties of a pursuit precisely because the will to push through is scarce.
Rich mindset understands that there is no “I made it”. No “done”. Life is defined by challenges and learning.
Rich people play the money game to win. Poor people play the money game to not lose.
The goal of truly rich people is to have massive wealth and for many of them, it’s to help a lot of people. Rich people see opportunities and focus on rewards. Poor people see obstacles and focus on the risks. Rich people see potential growth, take responsibility for the results in their lives, and act upon the mindset that “It will work because I’ll make it work.” Rich people are committed enough to do whatever it takes. Period.
Rich people focus on what they want,
Rich people are almost always excellent promoters.
They are willing to promote their products, their services, and their ideas with passion and enthusiasm.
Resenting promotion is one of the greatest obstacles to success. People who have issues with selling and promotion are usually broke.
Rich and successful people are solution-oriented.
Rich people spend their time and energy strategizing and planning the answers to challenges that come up and creating systems to make certain that problem doesn’t occur again.
Rich people do not back away from problems, do not avoid problems, and do not complain about problems.
Rich people are financial warriors.
The bottom line is that if you become a master at handling problems and overcoming obstacles, what can stop you from success? The answer is nothing! And if nothing can stop you, you become unstoppable! Rich people work hard and believe it’s perfectly appropriate to be well rewarded for their efforts and the value they provide for others.
Rich people believe in themselves. They believe in their value and in their ability to deliver it.
Poor people don’t. That’s why they need “guarantees.”
The only way to earn what you’re really worth is to get paid based on your results.
Do you want a successful career or a close relationship with your family? Both! Do you want a focus on business or have fun and play? Both! Do you want money or meaning in your life? Both! Do you want to earn a fortune or do the work you love? Both! Poor people always choose one or the other, rich people choose both.
