This Is Why The Poor Stay Poor and the Rich Stay Rich - Deepstash
This Is Why The Poor Stay Poor and the Rich Stay Rich

This Is Why The Poor Stay Poor and the Rich Stay Rich

Curated from: medium.com

Ideas, facts & insights covering these topics:

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The Mindset You Need To Adopt If You Want To Be Rich

The Mindset You Need To Adopt If You Want To Be Rich

The difference between the rich and the poor is a positive attitude, a concentration on doing the right thing above performing well, becoming a lifelong learner, and prudent risk management.

A wealthy mindset will tell you to be self-sufficient and create various revenue streams. It will advise you to assemble a team of wiser people than yourself in order to maximize the efforts of talented individuals. The rich’s mindset is the most important factor in why the wealthy keep growing richer, while the poor keep getting poorer.

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The Rich Create Their Own Life

The Rich Create Their Own Life

If you want to build money, you must feel that you are in control of your life; that you are in charge of every moment of your life, especially your financial life.

Poor people prefer to play the victim role rather than take responsibility for their circumstances. 

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The Rich Play The Money Game To Win

The Rich Play The Money Game To Win

The main goal of the wealthy is to amass huge wealth and abundance. The main goal of poor individuals is to have "enough to pay the bills..." on time.

Poor people prefer to play defense rather than offense when it comes to money. The majority of players play the money game in this manner. 

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Rich Mindsets Are Committed to Being Rich

The fact that most individuals don’t know what they want is the number one reason they don’t obtain it.

Rich people are passionate about their desire for wealth. They are passionate about their desire. They are completely dedicated to generating wealth. They are willing to do “whatever it takes” to acquire wealth as long as it is moral, legal, and ethical.

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The Rich Think Big, The Poor Think Small

Respond to the following question: How many people do you serve or have an impact on?

It all comes down to helping people, it’s about making other people’s lives better.

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Rich Mindsets Are Bigger Than Their Problems

People who are wealthy and successful are larger than their difficulties. 

Those who are poor and unsuccessful are smaller than their problems. When confronted with a difficulty, they shrink back. The irony is that in their quest to avoid issues, they’ve created the biggest one of all: they’re broke and unhappy.

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Rich People Focus on Opportunities

Rich people take responsibility for their lives and have the idea that "it will work because I'll make it work".

People with a wealthy mindset work to take advantage of chances even if they lack the necessary competence. People who are wealthy expect to succeed; they are confident in their abilities and ingenuity. 

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