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15 Ways Rich People Think Differently

Joel Brown (Founder of Addicted2Success.com)

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Rich-People-Think different

What is it that separates the rich from the rest of us?

Steve Siebold, the author of How Rich People Think recently shared ‘15 ways that rich people think differently’ with Business Insider.

 

The Mentality Of The Rich

 

1. Rich people think selfishness is a virtue
Average people feel they need to save the world and put others before themselves which is keeping them poor. Rich people take the attitude that if they don’t help themselves first they can’t help anyone else.

2. Rich people have an action mentality
You wouldn’t see a rich person lining up to play the lottery (even before they were rich). Average people are always waiting on someone else to help them get rich – the Lotto, Government, friend or spouse – but it only keeps them poor. Rich people take action and spend time solving problems.

3. Rich people favour specific knowledge over formal education
Average people believe the road to riches is through doing masters and doctorates. Rich people are generally rich because they have made money selling a specific knowledge they have acquired.

4. Rich people dream of the future
Rich people spend a lot of time looking into the future, setting goals and looking forward to what lies ahead. Average people dwell on the past which often holds them back by making them unhappy or depressed.

5. Rich people think about money logically
Average and well-educated people can fall into the trap of thinking about money emotionally and just wanting to retire comfortably. Rich people maintain a logical relationship with money viewing it as a tool that represents options and opportunities.

6. Rich people follow their passion
Oprah Winfrey said it – you’ve got to follow your passion and do what you love. Rich people find a way of getting paid for doing something they love. Average people earn money doing things they don’t love.

7. Rich people aim high
Average people set low expectations to avoid disappointment whereas rich people set huge expectations and follow their dreams.

8. Rich people believe you have to “be” someone
Average people on the other hand believe you have to “do” something to be rich and focus on immediate results. Rich people continuously focus on bettering themselves and learn from success and failures.

9. Rich people use other people’s money
Average people believe they need their own money to make money whereas rich people have no problem using other people’s.

10. Rich people live below their means
It seems contradictory to the above statement but rich people adopt the attitude of getting rich so you can afford to live below your means. Average people live beyond their means.

11. Rich people teach their children how to be rich
Average people teach their children how to survive whereas rich people teach their children from an early age about the world of haves and have nots.

12. Rich people don’t let money stress them out
Average people do. Rich people find peace of mind in wealth and are not afraid to admit that money can solve most problems – allowing them to make more money. Average people see money as a continuous battle and necessary evil they have to endure.

13. Rich people would rather be educated than entertained
Average people are the opposite. They read novels, tabloids and entertainment rather than continuously educating themselves after school.

14. Rich people surround themselves with like-minded people
Average people think rich people are snobs and have a negative attitude towards the super rich. Rich people steer clear of the doom and gloom attitudes and people – adding fuel to the fire of the “snob” label.

15. Rich people focus on earning
Average people focus on saving and miss big opportunities by trying to live frugally. Rich people constantly focus on the big picture – and how to earn the big bucks.

 

Article by By Sarah O’Carroll | news.com.au

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

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55 Comments

55 Comments

  1. Avatar

    veen

    Nov 4, 2015 at 9:34 am

    awesome! this article really inspire me.

  2. Avatar

    Solly Khoza

    Oct 8, 2015 at 4:14 am

    100% true. These points must be taught in schools and homes for children to grow up with the right attitude in life.

  3. Avatar

    Anony

    Nov 18, 2014 at 3:36 pm

    Great article, number 14 is particularly true

  4. Avatar

    John

    Apr 28, 2014 at 4:48 pm

    People who think like this are poor on the inside.

    • Avatar

      anonymous

      Jul 31, 2014 at 7:14 pm

      says the poor person

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Success Advice

5 Things You Can Learn From The 5am Club by Robin Sharma

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It has been said by Robin Sharma, “5 AM is the time of least distraction, highest human glory, and greatest peace.” This also happens to be the central idea or the core value he has discussed in his book, ‘The 5 Am Club.’ Speaking of early mornings, at what time do you wake up? Are you annoyed by the fact that you wake up on the edge of time and then rush to work in haste? 

The life lessons put forth by The 5 AM Club are exactly the learning and motivation you need to challenge your complacency. In your race against time, you may not have the time to read this fabulous book. So, we have summed up the key book’s takeaways for your convenience.

1. The vigor of waking up early

This is what the book’s most fundamental advice to everyone is. Waking up at 5 am every day can work wonders to avert failures and make success a natural habit. When we wake up at 5 am, we have more time on our hands than others. Besides, this is when we have minimum interruptions and maximum powerfulness of the mind. 

To add, the early morning peace is priceless! You can schedule your most important tasks of the day between 5am, and 8am. This book teaches us in the simplest way, how we can train our mind and strengthen it to deliver the highest productivity by waking up early. This energy that you have when you wake up in the morning and the few additional hours in your day are what serve as perfect ingredients for success.

“The secret to productivity is simplicity.” – Robin Sharma

2. The power of finding the right balance in life

The book talks about a precious lesson of finding the right balance within. We often talk about the need for mindfulness and achieving the right mindset to perceive things. But this book goes a few steps ahead of our usual approach to life. It highlights the vitality of mindset and introduces the concepts of heartset, healthset, and soulset.

These terms may seem new, but they are self-explanatory. The idea of heartset endorses the essentialness of emotional stability and well-being. Next, the perspective of healthset indicates the need to look after physical health. At last, soulset is an attribute of spirituality. As explained in this book, success prospects can be enhanced big time by achieving the right balance between these internal virtues.

3. The iconic 20/20/20 modus operandi

What is the first thing you will do if you start waking up at 5 am every day? Did you ever spare a thought about it? This book has the answer to this question, and you will be convinced that it is a great way to begin your day!. The author suggests that you should split the first hour of the day into three equal parts of 20 minutes each.

In the first 20 minutes of the day, you should prioritize your physical fitness and exercise. In the next 20 minutes, you should energize your soul and spirit via self-reflection and soulful meditation. This will prepare you for the rest of the day and will enable you to bolster your commitment and focus. In the last 20 minutes of the first hour, you should read and learn. But what are you going to read about in those 20 minutes? Read about successful people and their inspiring journeys to the pinnacle of success.

4. The significance of a proper sleep schedule

In this book, there is a mention of ‘a ferocious global sleep recession’, which is intriguing and enlightening. It hints at the state of sleep deprivation that this world is sinking into gradually. We often associate success and hard work with the notion of staying up all night and testing our endurance beyond limits. But that is not the right approach to accomplishing success, or rather, it is a flawed methodology.

Sometimes even if we do not have any critical work, we keep whiling our night time on social media or television. What are we gaining from it is the real question, and I am afraid the answer is nothing! We learn from this book that it is critical to look after your sleep cycle and start your day at 5 am afresh. Sleep and rest are indispensable for mental and physical well-being, or your productivity will decline.

“If you want to have the results only 5% have, you must be willing to do and think like only 5% do and think.” – Robin Sharma

5. The art of evolving

The book sheds light on the need to be spiritual and master self-reflection. However, do you realize the purpose that the routine of reflection each morning serves? The idea is to keep learning, keep reflecting on the mistakes and keep evolution an ongoing process. You should evolve every day and strive to be a better version of yourself every day. So, one of your primary goals after waking up should be to reflect on your actions and missed opportunities of the previous day.

To recapitulate, The 5 AM Club is a must-read book if you are a passionate reader. It has the prowess and charm to refurbish your perception of life altogether. Even if you cannot read the book for some reason, make sure you incorporate the above key takeaways into your life. By starting your day at 5 am, you can rediscover your lost soul and enthusiasm, and you would not have complaints to make about the lack of time. If you can own your mornings, you can go places on the ladder of success, for excuses are only for those who are not committed to their goals.

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