Read Every Word of This - Again and Again

54 replies
A lot of us shared this on our FaceBook pages earlier this week. In case you missed it, you are going to want to bookmark it and read it again and again.

This is an article that shows the differences between ordinary people and extraordinary entrepreneurs. Some will find a few of the comparisons to be snobbish or even crude. If you find yourself thinking that way, don't worry, being ordinary is ok too

21 Ways Rich People Think Differently Than Average People | The Roosevelts
#read #word
  • Profile picture of the author TiffanyLambert
    Lovvvvvvvvvvvve this. I see the differences blatantly in people I know.

    Glad I'm of the right mindset and working on the best path.
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    • Profile picture of the author jessicalynn
      Originally Posted by Michael55555 View Post

      The link is down right now...
      The link seems to be working again.

      I read through this, and it was definitely thought provoking. I don't agree with all of it...well, actually the only part I disagree with is that "selfishness is a virtue." I think you can be wealthy and still avoid being selfish and "give back." Look how much Bill Gates gives to charity. He's certainly not selfish, but he sure as hell is still extremely rich! Other than that, I thought this article was really great.

      Thanks for posting.
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      • Profile picture of the author E. Brian Rose
        Originally Posted by jessicalynn View Post

        The link seems to be working again.

        I read through this, and it was definitely thought provoking. I don't agree with all of it...well, actually the only part I disagree with is that "selfishness is a virtue." I think you can be wealthy and still avoid being selfish and "give back." Look how much Bill Gates gives to charity. He's certainly not selfish, but he sure as hell is still extremely rich! Other than that, I thought this article was really great.

        Thanks for posting.
        I think you might have read into that wrong. I believe the author meant you must have a carpe terram or carpe diem attitude in business. If you don't set out to conquer your niche or trade, then you are setting off on the wrong foot. To have this attitude, selfishness must be a virtue. Your personal life is different. Many successful people, including Mr. Gates, have a take no prisoners attitude in business, but are very generous once they capture their reward.
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        • Profile picture of the author MissTerraK
          A very interesting read, indeed.

          I couldn't help but wonder though, if the author went around for three years interviewing the average person or middle class with the same questions and then the poor, those at poverty level or below the same questions whether they would somewhat correlate, or be completely different.

          That would be an even more interesting read with the comparisons from all classes, in my opinion, anyway.

          Terra
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  • Profile picture of the author Rose Anderson
    I just read it...link showed up for me.

    Thanks for the share, Brian!
    Rose
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  • Profile picture of the author Rod Cortez
    The link is working fine for me.

    Thanks for sharing that article. After spending the last few years working with a lot of business owners, both big and small, I've come to see what makes the one successful compared to the ones that fail. This article really resonated with me because as I get older, I realize that mindset is extremely important in dictating an individual's success.

    It's our mindset that dictates what kinds of choices we make, whom we choose to spend our time with, and how we interpret reality when bad things happen to us.

    I will NEVER forget what one of my closest mentors told me years ago and it's stuck with me to this day:

    "Your five predominant habits will dictate your future.....".

    Now don't get too stuck on the number "five". It could 3, 4, or 8. The principle behind this is simple: what you habitually think about and what you habitually do are what will dictate your financial success and your level of happiness.

    Person A's 5 dominant habits:

    Likes to complain and whine a lot
    Blames outside circumstances for their problems
    Drinks a lot
    Hangs out with friends who are like-minded
    Thinks money is evil

    Person B's 5 dominant habits:

    Tries to see the good in things
    Takes total accountability for their sucesses and failures
    Drinks socially and doesn't rely on alcohol to feel happy
    Surrounds themselves with people they can learn from
    Thinks money is simply a medium of exchange, a way of keeping score.

    Now which person do you think has a brighter future based on their habits? The article was pretty dead on. Sure, there are exceptions, but you know how that goes.

    RoD
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    - Jim Rohn
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  • Profile picture of the author Mousumi
    The decent principles by which you live, the clarity and consistency of your actions, the ethical and moral values you create for life, and the virtue you practice bring the possibility of being rich and great. In this highly materialistic world, one can be entitled as RICH with the inherited or self-made wealth or hefty bank balance. However, the real rich is the one who knows the meaning of contentment and has nurtured a rich soul inside. In other words, one has to be rich with generosity, kindness, wisdom and virtue of living a disciplined life.

    The para above comes from a similar post but with a different approach titled, "17 Ways The Rich Think Differently"

    Hope you enjoy reading it
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  • Profile picture of the author Paul Gram
    That was an awesome article...definitely saved to my Evernote so I can read it often!
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  • Profile picture of the author SuperDJ
    I thought somebody mentioned this on the warrior forum a couple weeks back, and got absolutely lambasted by it. Unless I'm talking about another forum. My memory is in pieces atm.
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  • Profile picture of the author Teapen
    Bookmarked! I thrive off of articles like this.

    Just got done reading The Millionaire Next Door as well.
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  • Profile picture of the author Don Schenk
    Hey EBR, thanks for the heads-up on the article.

    I see, Siebold's book is available for Kindle. I'll go get my Kindle (the one I didn't win at the W Event 'cause I was out of the room) and order it. :-)

    A while back I had the chance to photograph a fellow who is a multi-billionaire. Yes, with a B. After making the photos, I ask him a question, and to my surprise he ask me to have a seat.

    He then spent an hour and a half talking with me about his business, and about mine. It was most enlightening. He certainly does approach life in a different manner than the masses.

    :-Don
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  • Profile picture of the author Raydal
    I thought the opposite of "rich" was "poor" but
    now I know it's "average".

    If you're not rich, you're just average.

    Just yesterday I looked at the documentary "Happy"
    on Netflix and one researcher said that there was
    a big difference in happiness between $5,000 per year
    salary and $50,000 but little difference between
    $50,000 and $50 million salary.

    But maybe he said this because he is just "average".

    -Ray Edwards
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    • Profile picture of the author Thomas Michal
      Originally Posted by Raydal View Post

      I thought the opposite of "rich" was "poor" but
      now I know it's "average".
      This is evidence the Illuminati and Bilderberg Group have succesfully eliminated the middle class!

      Now all they have to do is chip us and dumb us down with fluoride water and then the reptilians will have their slave class again! Like the ones that built the pyramids.

      Just now we will build Walmarts and McDonalds.

      It's true, I read it on Crystalinks!

      Somebody call Nicholas Cage.

      Seriously though- good read.
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      • Profile picture of the author Complex
        It's an entertaining read, but it certainly is not sourced from a scientific study. The author of the book where these conclusions come from interviewed a few hundred millionaires out of the millions of millionaires that are out there and these are his conclusions. Chances are, his style of getting the interview only worked on certain people will similar mindsets and is not reflective of all millionaires everywhere.

        It reminds me of the conclusions people make when they meet "one" rich person and conclude that "all" must be just like that one person.

        There are rich people that are from all walks of life and mindsets and have different values and personalities. These articles that try to "box" that down to 5 traits or 10 traits or 20 traits are hardly indicative of what the world is really like.

        You could hang out with a group of millionaires who are all working towards saving the environment and "conclude" that all rich people are environmentally conscious. Or, you could hang out with a group of millionaires that could care less about the environment and conclude that all millionaires think the same way.

        You could hang out with 100 internet millionaires and conclude that all millionaires make money from the internet. Or, you could hang out with 100 millionaires that all invest in real estate and conclude that all millionaires invest in real estate.

        I know 2 millionaires personally who both drive a Lexus LS 430. I could conclude that all millionaires drive a Lexus LS430.

        There are women who have made millions from taking their clothes off. I could conclude that wealthy people like to take their clothes off.

        I could go on and on, but I will not

        @Raydal- If that video you are talking about is the one with Dan Gilbert, that is a good one. And he is just average... your average Harvard PhD
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        • Profile picture of the author E. Brian Rose
          Originally Posted by Complex View Post

          It's an entertaining read, but it certainly is not sourced from a scientific study.
          As opposed to the rest of the articles on the Internet that are sourced from scientific studies?
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          • Originally Posted by E. Brian Rose View Post

            As opposed to the rest of the articles on the Internet that are sourced from scientific studies?
            Well, the rest of the articles on the Internet don't get their own WF thread
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          • Profile picture of the author Complex
            Originally Posted by E. Brian Rose View Post

            As opposed to the rest of the articles on the Internet that are sourced from scientific studies?
            Lol, if you know where to look, you can find them. Unfortunately Google doesn't seem to rank those ones. Self publishing is awesome on one hand, and alarming on the other. I just read an article the other day where someone was "reporting" on an old hoax that had long been debunked, yet they thought it was totally true. Google liked that one

            No one can say from their own experiences what is true on a topic like this, as you can never really "know" enough people as to have a scientifically valid sample. People congregate with those that are like them more than those that are not, which skews the lenses from which we see things.

            Wealthy people earn their wealth from all different areas. Millionaires in the financial district of Manhattan are different than those that are millionaires in the theater district. But, they are still millionaires.

            The term "millionaire" is too broad of a class to have uniformity like the article implies. Millionaires vote differently, they worship differently, both of which are more indicative of their belief systems and habits than the amount of dollars that they have in the bank.
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      • Profile picture of the author Martin Lee Jr
        Originally Posted by Thomas Michal View Post

        This is evidence the Illuminati and Bilderberg Group have succesfully eliminated the middle class!

        Now all they have to do is chip us and dumb us down with fluoride water and then the reptilians will have their slave class again! Like the ones that built the pyramids.

        Just now we will build Walmarts and McDonalds.

        It's true, I read it on Crystalinks!

        Somebody call Nicholas Cage.

        Seriously though- good read.
        lol - guess I'm not the only one that watches The Alex Jones Channel.

        But Seriously - This is a good article. Whether it is true or not, if you are honest with yourself, you would have to say their are some traits in there that will help you develop a better mindset -- whether you become Rich or not
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  • Profile picture of the author Adie
    I am guilty of something after reading this article...
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    • Profile picture of the author agmccall
      I read it, I did not bookmark it, I will not read it again and again

      It is a bunch of Crap

      I am an average person and I have alot of average freinds and none of us think like that.

      blah blah blah, just another person educated beyond their level of intelligence telling us how we are different
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      The Flu? Not worthy of a mention here???
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  • Profile picture of the author MarketingMonk
    Very good read. Glad to have almost all the attributes listed !
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  • Profile picture of the author seoexperttools
    Do not take anything you read too seriously on the internet :/
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  • Profile picture of the author misterme
    Average people have time to read blog posts and write on forums. Rich people are too busy to do that.
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    • Profile picture of the author 300SMG
      Originally Posted by misterme View Post

      Average people have time to read blog posts and write on forums. Rich people are too busy to do that.
      I'm sure there's a bit of sarcasm as well as your true thought with this and I disagree - sure there are some that are true forum warriors - meaning that's ALL they do; read others posts and surf dozens of them daily without ever taking action.

      BUT the real RICH mindset of that is "Rich people realize no one knows everything so they read blog posts and forums to learn from others and share their own knowledge"
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  • Profile picture of the author Simon Ashari
    We've all been guilty of some of these 'average' thoughts at one point or another. The challenge is to constantly be vigilant and work towards adopting the rich persons mindset as much as possible.
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  • Profile picture of the author zahedi117
    great share! thanks a lot, "knowing" what both sides think and applying it to yourself is priceless, maybe someone (maybe me or any of you guys who are reading this) becomes a millionare
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  • Profile picture of the author 300SMG
    Great read.

    I agree with every last notion. I've been my own boss since I was 16 years old (41 now) I would never work for someone else - in terms of a pay check that is. I/my company work for our clients everyday but others people money is what my paycheck is comprised of.
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    Don't focus on the money - focus on the plan!

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  • Profile picture of the author celente
    Awesome read, it is true that being rich or having money is about having the mentality.

    That is half the battle with newbies as they believe they cannot make big money online, so that projection sort of comes back to haunt them.

    Rich people are rich for a reason, they do and act differently to most others.
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  • Profile picture of the author CalinDan
    Rich people think you can have it ALL!

    Agree! I second and third that! Health, wealth and happiness ...that's where I aim.

    Regards,
    Dan
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  • Profile picture of the author entrepreneurjay
    Good article I have the right mindset so that is a plus lol!

    Some good tips in there, and very true.

    I shared this article because I think it is a very worthwhile read.
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  • Profile picture of the author Black Monolith
    I enjoyed the article but I would not have titled it 21 ways rich people think differently than average people, instead: 21 ways SUCCESFULL people think differently than average people.

    I see a lot of people born rich that have none of the charateristics written about in the article. The funny thing is that being rich does not give you happiness it's being succesfull that does!

    like I said, I know a lot of rich people, and trust me on this one, if you're living your life of daddys money you're going to start thinking your a failiure later on in life (wich may or may not be true), but if you are succesfull and strive to greatness you will have a smile on your face even when you work hard.

    Edit: spelling and formatting.
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    • Profile picture of the author Liam Hamer
      An interesting read. I'd be lying if I said there wasn't a few of those where I fall into the 'average person' category. That's why I'm in the middle of reading 'Think and Grow Rich' by Napoleon Hill - I know my mindset needs to improve. I've done OK over the last 2-3 years but am a long way from being rich.
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  • Profile picture of the author Fishing
    Solid Read..
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    • Profile picture of the author E. Brian Rose
      Originally Posted by Raydal View Post

      I thought the opposite of "rich" was "poor" but
      now I know it's "average". If you're not rich, you're just average.
      I didn't see where it mentioned anything about average being the opposite of rich, nor did it say if you're not rich you are average. Some people are average, some are way below average. Some are just total schmucks. This article compared wealthy people and average wealth people.
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      • Profile picture of the author Raydal
        Originally Posted by E. Brian Rose View Post

        I didn't see where it mentioned anything about average being the opposite of rich, nor did it say if you're not rich you are average. Some people are average, some are way below average. Some are just total schmucks. This article compared wealthy people and average wealth people.
        The article doesn't have to say it outright for it to be so. If
        you are contrasting two groups of people then I would think
        they are opposites in some way otherwise why the contrast.

        So looking at the difference between "rich" and "average"
        tells me that they are in two contrasting groups. So if
        you are not rich you are average. You cannot be both
        at the same time.

        Within the rich group I'm sure there are some who are richer than
        others and in the average group there are people who are
        more average than others, but the groups still remain.

        I just think that it's a poor choice of words used to define the
        groups.

        -Ray Edwards
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        • Profile picture of the author cashp0wer
          Thanks for posting this Brian. This is one great article that I think every Internet marketer should read.
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  • I personally found the article loaded with stereotypes, both regarding the rich and the poor, without actually disclosing any non-cliche info.

    For example: "Average people let money stress them out. Rich people find peace of mind in wealth." ... of course the average Joe stresses about money... because he doesn't have any and has bills to pay!

    Another example: "Average people would rather be entertained than educated. Rich people would rather be educated than entertained." ... yeah right... I don't see many university professors or lab scientists driving around in their Rolls Royce...

    And another example: "Average people believe they must choose between a great family and being rich. Rich people know you can have it all." ... this is so retarded I don't even know where to begin. What does family relationships got to do with wealth?!?!

    What a silly article really.
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  • This is a great article. Thanks for the share. It's all about having an abundance mentality, thinking OUTSIDE the box and most important of all taking ACTION!
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  • Profile picture of the author talfighel
    I love the FIRST one:

    Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil.

    Most people think that being RICH is evil and being POOR is ok. That is why they are poor.
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  • Profile picture of the author Troy_Phillips
    Average people believe the markets are driven by logic and strategy. Rich people know they’re driven by emotion and greed.



    Understanding what makes people tick is the elusive secret many here are looking for.



    Average people would rather be entertained than educated. Rich people would rather be educated than entertained.

    This is why we must use fear and greed to get their attention (entertainment) and then give them what they need once we have their undivided attention (education)


    Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge.

    A friend of mine bought 1 million worth of Coca Cola stock in 1968. Needless to say he was a multi-billionaire by the time I met him. He would often contact me to send out emails and other communications to everyone from stock holders to friends. Not because he didn't want to but because he did not have that skill set.


    When I offered to teach him he would ask how much money he would lose by taking the time to learn the task. After a little investigation I understood why he didn't take time to learn lol.
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  • Profile picture of the author BIG Mike
    Banned
    You don't need to do a scientific study about something that's self-evident.

    Throughout my professional offline career and in all the years I've been online, the mindset of those I knew who were successful has always been significantly different than those who were weren't.

    While some folks might find the label "Average" or "Ordinary" offensive, it's not intended to be - let's face it...if everyone had the kind of mindset it takes, then logically, everyone should be successful and wealthy.

    A good example of this is an opportunity I put to together for a couple of my friends a few years ago.

    Friend A, was well educated, good technical skills and years of corporate experience in marketing. Friend B didn't have a comparable education, no technical skills and was learning marketing on the fly.

    Jump ahead a few months and Friend A was still puttering with the method, still asking questions and still procrastinating. Friend B was $20K richer and going full steam ahead on scaling up his efforts.

    By the end of the year, Friend A gave up and took a sales job, while Friend B is still going strong and has expanded into several other areas.

    Both friends had an equal chance to make it work, access to everything they needed and a lot of motivational help from me. Friend A just couldn't seem to follow through unless I was right there leading him every step of the way.

    Friend A realized that, for whatever reason, he wasn't cut out to run a business on his own and was more comfortable with the security of a job. There's no shame in that - at the end of the day, he made choices based on what was best for him.
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    • Profile picture of the author Troy_Phillips
      Originally Posted by BIG Mike View Post

      You don't need to do a scientific study about something that's self-evident.

      Throughout my professional offline career and in all the years I've been online, the mindset of those I knew who were successful has always been significantly different than those who were weren't.
      If winning was easy .. losers would be doing it lol.
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    • Profile picture of the author MissTerraK
      As I stated before, I found the article to be very interesting but would have preferred to see the exact questions asked of "average" people for a comparison.

      Over and beyond that though, I've been stuck on one of the 21 thoughts.

      Average people would rather be entertained than educated. Rich people would rather be educated than entertained.


      Who knows why I am the way I am and why I think the way I think, lol, but to me, you just can't separate these two. I can't be educated if the material isn't entertaining. Or better yet is dull and boring. I mean how much am I going to retain if you you've bored me into a nap while continuing to drone on or write on with as much stay awake power as an over the counter sleep aid?

      I love education and I love entertainment. I love to be educated via entertaining methods. I find entertainment to be a great educational tool.

      Let me give you an example. Back in college during our medical terminology class, the school wanted to test a new learning filmstrip before they purchased and utilized it. In the past, the class was plain memorizing the terms and their meanings. But they found a filmstrip that incorporated funny little cartoon clips to aid in the memorization.

      So the medical term algia means pain, in short. On the filmstrip, when the term was introduced and pronounced, it showed a pane of glass on the water with algae growing on it and a band aid on it. It was so easy after that to see the term which brought up the cartoon in the mind and remember therefore, that algia means pain.

      There were other interesting cartoon pics too like for the medical term orchi.

      Anyway, this testing semester showed the highest test scores in the school's history using this method for the medical terminology course and it was adapted into the curriculum.

      It was entertaining and highly successful in educating. I just can't make entertainment and education an either or.

      Just my thoughts...

      Terra
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  • Profile picture of the author travlinguy
    Excellent. This fits perfectly with a saying I've adopted about 15 years ago which is this:

    Everything You Know Is Wrong


    Well, a lot of what we know is way off anyway...
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  • Profile picture of the author retsced
    Money doesn't make you happy - but it sure takes the sting out of being poor. (Del Boy)

    Minimalistic lifestyles can be much more fulfilling than materialistic ones. It's the belief system that needs to change. If your goal has always been to make money, then quite simply your belief system will not let you see things from a minimalistic perspective.

    Unfortunately we live in a conformist, consumerist society where people are programmed to believe money is God. Living below our means in this day and age is unthinkable, and yet, it's the "need" for more that keeps most people in the perpetual cycle of living an uncomfortable life.

    This doesn't apply to poverty stricken families who can't feed their kids, that's just another effect of the greedy wanting and taking more than they need. If money is your only goal in life, I feel sorry for you.

    In saying that though, there's nothing wrong with wanting to live a comfortable life and not have to worry about bills. It's the "need" for it that worries me.
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    • Profile picture of the author E. Brian Rose
      Originally Posted by retsced View Post

      This doesn't apply to poverty stricken families who can't feed their kids, that's just another effect of the greedy wanting and taking more than they need.
      It saddens me to see that some people think one family's poverty is the result of an another family's success.
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  • Profile picture of the author Kezz
    I actually bought the whole book a little while back after reading the same article. It's quite a good read and well worth the buy, especially if you grab the Kindle version which is a low price.

    It gets a little repetitive about half way through but that's okay, as it's material that bears repeating.

    On the subject of poverty and greedy people taking too much, the book actually makes a distinction between what it calls the "World Class" and the "Upper Class".

    It describes the "Upper Class" as people who have a great deal of money, through inheritance or other means, but are still trapped in the fear based thinking of a "poor" person, and hence hoard more than they need and may be unfeeling toward others.

    They describe the "World Class" as world class thinkers, world class strategists, who use their world class behavior to become wealthy and in turn become the greatest philanthropists on the planet, able to mindfully and compassionately redistribute money to where it is needed most.

    And it's this "World Class" thinking that the book is focused on.

    They talk about most of the world's charities being heavily supported by the contributions of "World Class" wealthy people, who are able to do tremendous good in the world because of the resources they are able to route.

    And it does talk a lot about the contents applying mostly to people in the "Middle Class" who may have the resources and ability to make change, but not the mindset required to do so.

    If someone is at the poverty level however, I would suggest that thinking in the right way is still the best path to getting first to the stable "Middle Class" level and then stepping right on past it to the "World Class".

    I know I personally started my adult life with something of a disdain for money, business and so on, wanting to live a purely altruistic life.

    Over the years I learned (the hard way) that if I really wanted to do good in the world, the best possible way I could do so was to get laser focused on become tremendously wealthy, so that I would have the resources to make real change.

    For example, Google "how much has j.k rowling donated" or "how much has richard branson donated" to see how much good you can do in the world once you have massive resources to give. I can think of nothing better than being able to donate $10 million or $3bn at will to the place I see most fit.

    Many people complain about this government or that organization not putting money where it needs to go. I prefer to keep tuning my "World Class" thinking so I can personally make sure money goes where I think it needs to go.

    If enough people took this approach, and were successful, just imagine the shift in control over resources that could take place, and the tremendous anti poverty initiatives that could be funded.

    That's part of the book too by the way; rich people believe that nobody else is coming to save them - if they want to see change they create it themselves.
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  • Profile picture of the author businessframe
    I didnt see "rich people expect more from themselves than anyone else." or "rich people look at problems as opportunity"

    Fantastic link, though! THanks Brian!
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  • Profile picture of the author apkkadam
    Very interesting read. Thanks for the share.
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  • Profile picture of the author seobro
    Hi Brian:
    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,"

    This is so true, and yet fools do not read because they think themselves wise.
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  • Profile picture of the author johnland
    The biggest thing I see in everyday life is people doing things they dont love and then whining about how they cant make any money knowing all the while that you make money by doing things you love to do.

    A simple thing that everybody knows and still never take any action because its too hard to get out of your comfort zone!
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