Tuesday, December 23, 2008

How to Think Like the Rich

By Rob Walcher D.C.

How do Rich People Think?

The old adage that rich people have libraries and poor people have big televisions is an appropriate idle of the difference in the way people think. Have you sat around your house frustrated and exhausted from always robbing Peter to pay Paul. Does it seem like you never get ahead no matter how hard you work? Is living week to week getting old and boring? Not only do you have desire for your life to be better, you want a fantastic, dependable future that will allow you to make headway forever.

If you were able to nod in agreement with any of the statements above then before you continue there are a few questions you need to ask yourself.

If you want to become a millionaire (that's fairly wealthy, wouldn't you say), how do millionaires act? If you want to become a big earner, how do big earners think? If you want to be rich, what is it that differentiates the rich from the poor?

Most people answer these questions something like this:

You think rich people live in fancy houses with luxury cars. You think that big time earners probably only think about how to spend all their money. And you think that the biggest difference between rich and poor people is that rich people have MORE money!

If you want to be wealthy (rich) doesn't it stand to reason that you would learn how wealthy people think? And learn how they are different? To believe you become truly wealthy just because you gain a ton money; is similar to thinking you are an expert sky diver just because you know how to strap on a parachute. There's so much more to it!

This article is much too confined to do justice to such as study as this, but let's make a brief, general overview. Hopefully it will create a desire in you to learn more. Just for clarification: we are referring to the rich as those who are wealthy inwardly as well as outwardly. If they lost everything tomorrow, they would have the wherewithal to build it all over again, because it isn't the money, but their mindset.

The best way to learn about something is to immerse yourself in that something. You wouldn't learn how to be a CEO by flipping burgers. Anything you want to become will best be taught by learning from people who are already there. This is true for recreational functions and for work.

That being said, it is obvious that in order to be wealthy or rich and to learn about how rich and wealthy people think you need to learn from other wealthy people. You need to learn what makes them like you and what sets them apart. Just because you flew on a plane doesn't mean you're a pilot. The same holds true with money. Just because you are able to make a boat load of money doesn't mean you will be and stay wealthy.

Let's be clear on one thing. People who are rich are wealthy on two levels. We are not just talking monetarily. Rich people have an attitude that makes them inwardly and outwardly wealthy. Most rich people can rebuild their circumstances at any time simply because they are fulfilled with a mind set that qualifies them to be rich.

Why do rich people have libraries? That was the first question and the answer is telling of what it means to be rich. Rich people have libraries whereas poor people have big screen TV's because rich people invest in things that improve their life both inwardly and out. Here are a few more examples of the real differences between the rich and the poor.

Wealthy people are willing to risk while a poor person wants to maintain a simple steady paycheck each week. Poor people would be afraid to take risks because they live in an insecure world. Wealthy people are pioneers and not afraid to forge ahead in independent thought and actions. Poor people tend to think in packs or are equipped with a herd mentality. Poor people allow outside sources to direct their thinking. Wealthy people see problems are ways to find solutions whereas poor people crumble with a bump in the road. The issues poor people face only solidify their fear that nothing would work out anyway. Wealthy people think long term, recognizing and accepting their ability to make extra income whereas poor people think small, in increments trying to always remain safe. Wealthy people don't procrastinate and are equipped to make momentary decisions as needed to further their goals whereas poor people tend to sit back and let things happen.

Wealthy people make quick decisions; they are always moving forward. Poor people procrastinate, and then procrastinate some more. They are waiting for the "just right" time to get onto that road to success.

Business philosopher Jim Rohn says

"We all have two choices: We can make a living or we can design a life." It is obvious which choice wealthy people choose?

It's pretty obvious that wealthy, successful people have chosen the latter. Which will you choose?

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