Connect with us

Success Advice

15 Ways Rich People Think Differently

Joel Brown (Founder of Addicted2Success.com)

Published

on

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.

Success Advice

The Biggest Man-Made Myth and What You Can Do About It

Avatar

Published

on

Image Credit: Unsplash

Everyone hates to admit it, but you know it’s true. Time is our most essential asset if used efficiently. We all have 24 hours in our schedules. Thus, no matter what anyone says, we’re equal. It’s how we use our time that makes all the difference. (more…)

Continue Reading

Success Advice

4 Reinvention Strategies Leaders Can Learn From Legally Blonde

Avatar

Published

on

Image Credit: Legally Blonde

Legally Blonde recently celebrated a milestone on July 13. The twenty-year-old movie franchise revolves around Elle Woods who wanted nothing more than to be married to Warner Huntington III, but the rejection she faced from him spurred her to reinvent and for us to fall in love with the buoyant blonde. (more…)

Continue Reading

Success Advice

How I Turned an Unpaid Internship Into a Business

Avatar

Published

on

Image Credit: Unsplash

Not every internship works out, let alone an unpaid internship. Internship experience can range from coffee runs to hands-on project management. Regardless of the actual responsibilities you have in your role, an internship is what you make of it. My most successful internship was the one I took straight out of graduate school that inspired the idea behind a big-name Hollywood entertainment business. (more…)

Continue Reading

Success Advice

5 Dos and Don’ts When Starting a Business With a Friend

Avatar

Published

on

Image Credit: Unsplash

Friends are an essential part of our lives. They’re the people who help us overcome hardships and achieve our goals during childhood, youth, and adulthood. But can you start a business with a friend and be successful? We all know how friendships work. You get used to and take liberties with each other. There’s almost no end to the number of times you’ll “let it slide” when your friend makes a mistake. (more…)

Continue Reading

Trending