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04/28/2011

How Rich People Think

 By Steve Siebold

When it comes to money and wealth, there are obvious differences between the middle class and the rich. The middle class operates from a fear-based consciousness, always worrying about the uncertainty of the future and therefore trying to protect and hoard their money. Rich people, on the other hand, operate from a mindset of freedom and abundance.

Saving and investing is important to them, but they direct their mental energy toward accumulating wealth through serving people and solving problems. World class people know that the secret to becoming a millionaire isn’t in the mechanics of the money, but in the level of thinking that generates it.

The beliefs and philosophies about money for the rich and the middle class aren’t just different, they’re extreme! Here are just a few examples that emphasize the differences:

·         Middle class focuses on saving. World class focuses on earning.

·         Middle class believes hard work creates wealth. World class believes leverage creates wealth.

·         Middle class believes money is earned through labor. World class believes money is earned through thought.

·         Middle class worries about running out of money. World class thinks about how to make more money.

·         Middle class sees money through the eyes of emotion. World class sees money through the eyes of logic.

·         Middle class believes getting rich is outside of their control. World class knows getting rich is an inside job.

·         Middle class has a lottery mentality. World class has an action mentality

·         Middle class is waiting to be rescued from financial mediocrity. World class knows no one is coming to the rescue

·         Middle class equates money with stress. World class equates money with peace of mind.

For more on the subject by Siebold, a mental toughness coach, plus a free download of several chapters of the book click here.



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