21 Ways Rich People Think Differently
Average people think
MONEY is the root of all
evil. Rich people believe
POVERTY is the root of all
evil.
“The average person has been brainwashed to
believe rich people are lucky or dishonest,” Siebold
writes.
That’s why there’s a certain shame that comes
along with “getting rich” in lower-income
communities.
“The world class knows that while having money
doesn’t guarantee happiness, it does make your
life easier and more enjoyable.”
From Steve Siebold, author of “How Rich People
Think”
Average people think
selfishness is a vice. Rich
people think selfishness is
a virtue.
“The rich go out there and try to make themselves
happy. They don’t try to pretend to save the world,”
Siebold told Business Insider.
The problem is that middle class people see that as
a negative––and it’s keeping them poor, he writes.
“If you’re not taking care of you, you’re not in a
position to help anyone else. You can’t give what
you don’t have.”
From Steve Siebold, author of “How Rich People
Think”
Average people have a
lottery mentality. Rich
people have an action
mentality.
“While the masses are waiting to pick the right
numbers and praying for prosperity, the great ones
are solving problems,” Siebold writes.
“The hero [middle class people] are waiting for
may be God, government, their boss or their
spouse. It’s the average person’s level of thinking
that breeds this approach to life and living while
the clock keeps ticking away.”
From Steve Siebold, author of “How Rich People
Think”
Average people think the
road to riches is paved
with formal education.
Rich people believe in
acquiring specific
knowledge.
“Many world-class performers have little formal
education, and have amassed their wealth
through the acquisition and subsequent sale of
specific knowledge,” he writes.
“Meanwhile, the masses are convinced that
master’s degrees and doctorates are the way to
wealth, mostly because they are trapped in the
linear line of thought that holds them back from
higher levels of consciousness…The wealthy
aren’t interested in the means, only the end.”
From Steve Siebold, author of “How Rich People
Think”
Average people long for
the good old days. 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.”
From Steve Siebold, author of “How Rich People
Think”
Average people see money
through the eyes of
emotion. Rich people think
about money logically.
“An ordinarily smart, well-educated and
otherwise successful person can be instantly
transformed into a fear-based, scarcity driven
thinker whose greatest financial aspiration is to
retire comfortably,” he writes.
“The world class sees money for what it is and
what it’s not, through the eyes of logic. The great
ones know money is a critical tool that presents
options and opportunities.”
From Steve Siebold, author of “How Rich People
Think”
Average people earn
money doing things they
don’t love. Rich people
follow their passion.
“To the average person, it looks like the rich are
working all the time,” Siebold says. “But one of the
smartest strategies of the world class is doing
what they love and finding a way to get paid for
it.”
On the other hand, middle class take jobs they
don’t enjoy “because they need the money and
they’ve been trained in school and conditioned by
society to live in a linear thinking world that
equates earning money with physical or mental
effort.”
From Steve Siebold, author of “How Rich People
Think”
Average people set low
expectations so they’re
never disappointed. Rich
people are up for the
challenge.
“Psychologists and other mental health experts
often advise people to set low expectations for
their life to ensure they are not disappointed,”
Siebold writes.
“No one would ever strike it rich and live their
dreams without huge expectations.”
From Steve Siebold, author of “How Rich People
Think”
Average people believe
you have to DO something
to get rich. Rich people
believe you have to BE
something to get rich.
“That’s why people like Donald Trump go from
millionaire to nine billion dollars in debt and
come back richer than ever,” he writes.
“While the masses are fixated on the doing and
the immediate results of their actions, the great
ones are learning and growing from every
experience, whether it’s a success or a failure,
knowing their true reward is becoming a human
success machine that eventually produces
outstanding results.”
From Steve Siebold, author of “How Rich People
Think”
Average people believe
you need money to make
money. Rich people use
other people’s money.
Linear thought might tell people to make money in
order to earn more, but Siebold says the rich aren’t
afraid to fund their future from other people’s
pockets.
“Rich people know not being solvent enough to
personally afford something is not relevant. The
real question is, ‘Is this worth buying, investing
in, or pursuing?'” he writes.
From Steve Siebold, author of “How Rich People
Think”
Average people believe the
markets are driven by
logic and strategy. Rich
people know they’re
driven by emotion and
greed.
Investing successfully in the stock market isn’t
just about a fancy math formula.
“The rich know that the primary emotions that
drive financial markets are fear and greed, and
they factor this into all trades and trends they
observe,” Siebold writes.
“This knowledge of human nature and its
overlapping impact on trading give them strategic
advantage in building greater wealth through
leverage.”
From Steve Siebold, author of “How Rich People
Think”
Average people live
beyond their means. Rich
people live below theirs.
“Here’s how to live below your means and tap into
the secret wealthy people have used for centuries:
Get rich so you can afford to,” he writes.
“The rich live below their means, not because
they’re so savvy, but because they make so much
money that they can afford to live like royalty
while still having a king’s ransom socked away
for the future.”
From Steve Siebold, author of “How Rich People
Think”
Average people teach their
children how to survive.
Rich people teach their
kids to get rich.
Rich parents teach their kids from an early age
about the world of “haves” and “have-nots,”
Siebold says. Even he admits many people have
argued that he’s supporting the idea of elitism.
He disagrees.
“[People] say parents are teaching their kids to
look down on the masses because they’re poor.
This isn’t true,” he writes. “What they’re teaching
their kids is to see the world through the eyes of
objective reality––the way society really is.”
If children understand wealth early on, they’ll be
more likely to strive for it later in life.
From Steve Siebold, author of “How Rich People
Think”
Average people let money
stress them out. Rich
people find peace of mind
in wealth.
The reason wealthy people earn more wealth is
that they’re not afraid to admit that money can
solve most problems, Siebold says.
“[The middle class] sees money as a never-ending
necessary evil that must be endured as part of
life. The world class sees money as the great
liberator, and with enough of it, they are able to
purchase financial peace of mind.”
From Steve Siebold, author of “How Rich People
Think”
Average people would
rather be entertained than
educated. Rich people
would rather be educated
than entertained.
While the rich don’t put much stock in furthering
wealth through formal education, they appreciate
the power of learning long after college is over,
Siebold says.
“Walk into a wealthy person’s home and one of
the first things you’ll see is an extensive library of
books they’ve used to educate themselves on how
to become more successful,” he writes.
“The middle class reads novels, tabloids and
entertainment magazines.”
From Steve Siebold, author of “How Rich People
Think”
Average people think rich
people are snobs. Rich
people just want to
surround themselves with
like-minded people.
The negative money mentality poisoning the
middle class is what keeps the rich hanging out
with the rich, he says.
“[Rich people] can’t afford the messages of doom
and gloom,” he writes. “This is often
misinterpreted by the masses as snobbery.
Labeling the world class as snobs is another way
the middle class finds to feel better bout
themselves and their chosen path of mediocrity.”
From Steve Siebold, author of “How Rich People
Think”
Average people focus on
saving. Rich people focus
on earning.
Siebold theorizes that the wealthy focus on what
they’ll gain by taking risks, rather than how to
save what they have.
“The masses are so focused on clipping coupons
and living frugally they miss major opportunities,”
he writes.
“Even in the midst of a cash flow crisis, the rich
reject the nickle and dime thinking of the masses.
They are the masters of focusing their mental
energy where it belongs: on the big money.”
From Steve Siebold, author of “How Rich People
Think”
Average people play it safe
with money. Rich people
know when to take risks.
“Leverage is the watchword of the rich,” Siebold
writes.
“Every investor loses money on occasion, but the
world class knows no matter what happens, they
will aways be able to earn more.”
From Steve Siebold, author of “How Rich People
Think”
Average people love to be
comfortable. Rich people
find comfort in
uncertainty.
For the most part, it takes guts to take the risks
necessary to make it as a millionaire––a
challenge most middle class thinkers aren’t
comfortable living with.
“Physical, psychological, and emotional comfort
is the primary goal of the middle class mindset,”
Siebold writes.
World class thinkers learn early on that becoming
a millionaire isn’t easy and the need for comfort
can be devastating. They learn to be comfortable
while operating in a state of ongoing uncertainty.”
From Steve Siebold, author of “How Rich People
Think”
Average people never
make the connection
between money and
health. Rich people know
money can save your life.
While the middle class squabbles over the virtues
of Obamacare and their company’s health plan,
the super wealthy are enrolled in a super elite
“boutique medical care” association, Siebold says.
“They pay a substantial yearly membership fee
that guarantees them 24-hour access to a private
physician who only serves a small group of
members,” he writes.
“Some wealthy neighborhoods have implemented
this strategy and even require the physician to live
in the neighborhood.”
From Steve Siebold, author of “How Rich People
Think”
Average people believe
they must choose between
a great family and being
rich. Rich people know
you can have it all.
The idea the wealth must come at the expense of
family time is nothing but a “cop-out”, Siebold
says.
“The masses have been brainwashed to believe it’s
an either/or equation,” he writes. “The rich know
you can have anything you want if you approach
the challenge with a mindset rooted in love and
abundance.”
From Steve Siebold, author of “How Rich People
Think.
Source: http:teremity./2013/10/02/21-ways-rich-people-think-differently/

nice write up.