Hi guys,what​‎ is the secrete behind the rich'keep walking to the bank often'despite.the economic condition of the country.Both legally n illegally.
But the poor pray for each day to passby like speed of light.
Share your view especially those that have make it in life .

Very simple answer! The poor ends up giving his daily earnings to the rich for satisfaction. Do you know how many things you buy daily? Food, recharge card, transportation etc each service is provided by multi billion dollar company. So it's either you buy to satisfy or you sell to collect the little money others have. Read this http://www.ventures-africa.com/2012/03/diary-of-an-under-30-ceo-it-is-easier-to-make-money-here/

A lot of it is to do with the mindset and what people do with the money they have, this is not a comprehensive answer by any means but it's because poor people don't have experience of wealth management, they tend to spend their money on high value things that cannot be classified as an asset. For instance a poor person who suddenly got rich is more likely to buy a brand new car, which will start losing its value as soon as it's driven out of the dealers' while a rich person with experience of these things will know it makes more sense to buy a fairly used car. The same goes for designer clothes etc. They emulate celebs but the fact is that any decent celeb does not spend thousands of pounds on an outfit they'll only wear once - they get it for free or loaned.

ifyan: Hi guys,what​‎ is the secrete behind the rich'keep walking to the bank often'despite.the economic condition of the country.Both legally n illegally.
But the poor pray for each day to passby like speed of light.
Share your view especially those that have make it in life .

Its a zero sum game: for one to gain, the other has to loose.
If the poor gets richer, the richer will have to get poorer.

Once you've tasted wealth you never want to get poor again. So you secure yourself by gathering more

The rich is motivated to keep working hard to stay on top.
Especially after tasting the perks of being rich, surely, he wouldn't ever want to leave that comfort zone.

The poor on the other hand has less motivation as he is frustrated with his state.
He therefore resigns to fate and keeps blaming the system or he spends most of his productive time in church praying for a miracle or on some unproductive venture that will not improve his state.

Just my theory though.
They can be a hundred ways to explain this.

Jcob: Very simple answer! The poor ends up giving his daily earnings to the rich for satisfaction. Do you know how many things you buy daily? Food, recharge card, transportation etc each service is provided by multi billion dollar company. So it's either you buy to satisfy or you sell to collect the little money others have. Read this http://www.ventures-africa.com/2012/03/diary-of-an-under-30-ceo-it-is-easier-to-make-money-here/

This is half true.
If you don't have anything to sell, and are struggling to stay alive, how will you become rich?

Eight times out of ten, the rich have unfair advantages, and they are usually in charge of making the rules. If you look at history, the strongest = the richest. Rome became a military power, then became the richest nation, which made them even stronger militarily. Same as the British Empire. They became rich as a result of colonization.

Sometimes, there is a contrarian force that breaks against the norm, or social evolution itself forces a more level playing field. Technology is an example of a contrarian force, and the use of Internet is an example of social evolution. The United States of America is an interesting paradigm to study, because the founding fathers promoted innovation and a strong work ethic. But in the real sense of it, the rich Americans in the early days of the Republic were those who grew cash crops, and used slave labour. The revolt against British rule came out of a refusal to be taxed on their cash crops by the British.

Most societies practice oligarchy. Nigeria included. Most big businesses in Nigeria are either owned by foreign investors from richer nations, or Nigerians who have access to public resources, and/or their proxies. Very few businesses can thrive without government influence, and even if you thrive, you will not grow beyond a particular level.

A good example of a typical rags-to-riches story is MKO Abiola.
Abiola told a story of how he started business at age 9, or thereabouts. However his real success came by way of academic scholarship, and not his labours at a tender age. Granted, he wasn't lazy. But I doubt he could have parlayed his firewood and water-carrying business into the multi-billion dollar empire that he bestrode, at the peak of his powers.

The simple truth is: riches only comes via one source: LEVERAGE. You have something other people want, but can't have. And you can protect that something.
If MKO was born in the old USSR, he would have put his academic and business acumen to the use of the state without so much as an extra farthing beyond standard wages to his name. Shikena.

I was just reading this today:
1. Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil.
2. Average people think selfishness is a vice. Rich people think selfishness is a virtue.
3. Average people have a lottery mentality. Rich people have an action mentality.
4. Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge.
5. Average people long for the good old days. Rich people dream of the future.
6. Average people see money through the eyes of emotion. Rich people think about money logically.
7. Average people earn money doing things they don't love. Rich people follow their passion.
8. Average people set low expectations so they're never disappointed. Rich people are up for the challenge.
9. Average people believe you have to DO something to get rich. Rich people believe you have to BE something to get rich.
10. Average people believe you need money to make money. Rich people use other people's money.