Several authorities have written volumes upon volumes of information on this subject, The Success Mindset.
Now whether you have come across it or not, its always lovely to remind yourself, just in case you have a withered perception of the whole concept.
See, while some may advise you to eat well, sleep enough,exercise enough etc its not the whole story..
the real truth can be summarized in two other words, common sense.
(which ain't so common by the way).
Allow me to share with you an adaptation the 21 ways rich People think differently by Mandy Woodruff, of the Business Insider.
Money the Root of all Evil Average people think MONEY is the root of all evil.
Rich people believe POVERTY is the root of all evil.
Now, how many times have you heard a relative, friend, neighbor say so and so got their money by cheating the masses.
Personally, have heard that plenty a time, but the interesting thing, there rarely any tangible proof and despite all the negative hype, the guy continues thriving, while the Haters continue cowering in their less fortunate circumstances.
Meanwhile, the rich know that having money will go a long way into making life easier.
That Selfish Bustard.
(Oops I didn't say that) Average people think selfishness is a vice.
Rich people think selfishness is a virtue.
Now while its OK to share with as many people as you can, you cant give what you don't have.
Now if you haven't read Rich Dad Poor Dad, much of what am saying may not make sense, bottom line is, if anyone needs fish, don't give them fish, teach them how to fish.
Dreamers and Doers.
Average people have a lottery mentality.
Rich people have an action mentality.
While the average person waits for a windfall to change their fortune, the rich go right out and fan in the wind that blows in the fortune.
If have caught myself procrastinating even after receiving the success blue print (so much for not wanting to be called a wussy), meanwhile someone else has followed it to the letter and is now reaping the fruits.
Good Old Days Average people long for the good old days.
Rich people dream of the future.
The greatest threat to one's future success is one's past success.
The average person loves to dwell in what they have accomplished today, and stop trying as hard not knowing that whatever habits propel one to success should be constantly revamped.
The rich person on the other hand keeps stretching for the next horizon, with a mentality of the 'The Best is yet to come'.
Emotion verses logic Average people see money through the eyes of emotion.
Rich people think about money logically.
Steve Siebold in his book How Rich People think writes "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.
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.
" Without the right mindset the average person will continue being emotionally attached to money.
Duty Verses Passion 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.
" The Comfort Zone Average people set low expectations so they're never disappointed.
Rich people are up for the challenge.
Self help GURUs usually advise one to set manageable expectations so as to avoid the crushing weight of disappointment.
While this appears like it works, its actually cheating the average person of reaching their full potential.
The Rich on the other hand love a worthy challenge, the principle is quite straight forward 'The bigger the risk, the more the returns'.
Action Verses Position Average people believe you have to DO something to get rich.
Rich people believe you have to BE something to get rich.
I for one strongly believe the harder you work, the more the returns.
( sounds accurate until you learn the power of leverage ).
And that's a very twisted way of thinking.
Am still struggling to teach my mind that working smart is the key.
All rich people understand that its cheaper to use other's time and money, but most importantly, theirs is sum of experiences that shape them to perfection.
Splashy or Sufficiency Average people live beyond their means.
Rich people live below theirs.
Interestingly, the rich do live below their means, while the average person struggles to make ends meet (not to mention if one is worth 11 billion, its quite easy to live below your means ).
So at this point I beg to differ, you cannot live below your means if you don't earn enough.
Now whether you have come across it or not, its always lovely to remind yourself, just in case you have a withered perception of the whole concept.
See, while some may advise you to eat well, sleep enough,exercise enough etc its not the whole story..
the real truth can be summarized in two other words, common sense.
(which ain't so common by the way).
Allow me to share with you an adaptation the 21 ways rich People think differently by Mandy Woodruff, of the Business Insider.
Money the Root of all Evil Average people think MONEY is the root of all evil.
Rich people believe POVERTY is the root of all evil.
Now, how many times have you heard a relative, friend, neighbor say so and so got their money by cheating the masses.
Personally, have heard that plenty a time, but the interesting thing, there rarely any tangible proof and despite all the negative hype, the guy continues thriving, while the Haters continue cowering in their less fortunate circumstances.
Meanwhile, the rich know that having money will go a long way into making life easier.
That Selfish Bustard.
(Oops I didn't say that) Average people think selfishness is a vice.
Rich people think selfishness is a virtue.
Now while its OK to share with as many people as you can, you cant give what you don't have.
Now if you haven't read Rich Dad Poor Dad, much of what am saying may not make sense, bottom line is, if anyone needs fish, don't give them fish, teach them how to fish.
Dreamers and Doers.
Average people have a lottery mentality.
Rich people have an action mentality.
While the average person waits for a windfall to change their fortune, the rich go right out and fan in the wind that blows in the fortune.
If have caught myself procrastinating even after receiving the success blue print (so much for not wanting to be called a wussy), meanwhile someone else has followed it to the letter and is now reaping the fruits.
Good Old Days Average people long for the good old days.
Rich people dream of the future.
The greatest threat to one's future success is one's past success.
The average person loves to dwell in what they have accomplished today, and stop trying as hard not knowing that whatever habits propel one to success should be constantly revamped.
The rich person on the other hand keeps stretching for the next horizon, with a mentality of the 'The Best is yet to come'.
Emotion verses logic Average people see money through the eyes of emotion.
Rich people think about money logically.
Steve Siebold in his book How Rich People think writes "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.
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.
" Without the right mindset the average person will continue being emotionally attached to money.
Duty Verses Passion 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.
" The Comfort Zone Average people set low expectations so they're never disappointed.
Rich people are up for the challenge.
Self help GURUs usually advise one to set manageable expectations so as to avoid the crushing weight of disappointment.
While this appears like it works, its actually cheating the average person of reaching their full potential.
The Rich on the other hand love a worthy challenge, the principle is quite straight forward 'The bigger the risk, the more the returns'.
Action Verses Position Average people believe you have to DO something to get rich.
Rich people believe you have to BE something to get rich.
I for one strongly believe the harder you work, the more the returns.
( sounds accurate until you learn the power of leverage ).
And that's a very twisted way of thinking.
Am still struggling to teach my mind that working smart is the key.
All rich people understand that its cheaper to use other's time and money, but most importantly, theirs is sum of experiences that shape them to perfection.
Splashy or Sufficiency Average people live beyond their means.
Rich people live below theirs.
Interestingly, the rich do live below their means, while the average person struggles to make ends meet (not to mention if one is worth 11 billion, its quite easy to live below your means ).
So at this point I beg to differ, you cannot live below your means if you don't earn enough.
Source...