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Topic: Rich Mindset vs Poor Mindset : 6 key differences - page 8. (Read 3837 times)

sr. member
Activity: 826
Merit: 460
it is very important to get up every time you fall. And face your challenges.
It is also very important to take care of yourself in the time of utmost challenges. Complaint less and work more!

Complaining is permissible and it is also a natural thing, but if it is done continuously it is not a natural thing but stupidity.
If the substance is that they have to work more, maybe construction workers and farmers should become rich people at this time, because if you look at it in the field, construction workers work harder and spend more time, and sometimes they have very little time off.
And if wealth comes from intelligence, perhaps the teachers would be one of the richest people in the world today.

Then what can make someone rich? I think this depends on the orientation of thinking about money and one's behaviour in spending it, diversification to add income from investments other than work is an option to get more income and has the potential to increase wealth.
hero member
Activity: 2366
Merit: 594
Every day (even today) there are new opportunities to significantly increase your financial well-being. 

There are moments in every person's life when these possibilities become so obvious that they cannot be overlooked.  It's called "getting to the right place at the right time".  In fact, this is a gift of fate.  Fate gives a person a chance to significantly improve their financial well-being in a very short time frame. 

However, in order to take advantage of this chance, you need to have the mindset of a rich person who is constantly looking for opportunities to increase his income. 

Many people do not have this type of thinking, so they do not take advantage of the new opportunity to increase their wealth (referring to various circumstances).
There are people who struggle -  and there are people who complain all the time.
The only brave people get up and face the challenges.

You are not human when you are not complaining because it is our nature but when you decide not to wake up and face the challenges then its your fault since you ar lazy because you didnt face the challenges. I my self there are really throwing me problems, yes i complained but again i do it no matter what since without doing it youll end up not having improving your self
full member
Activity: 1050
Merit: 110
Every day (even today) there are new opportunities to significantly increase your financial well-being. 

There are moments in every person's life when these possibilities become so obvious that they cannot be overlooked.  It's called "getting to the right place at the right time".  In fact, this is a gift of fate.  Fate gives a person a chance to significantly improve their financial well-being in a very short time frame. 

However, in order to take advantage of this chance, you need to have the mindset of a rich person who is constantly looking for opportunities to increase his income. 

Many people do not have this type of thinking, so they do not take advantage of the new opportunity to increase their wealth (referring to various circumstances).
There are people who struggle -  and there are people who complain all the time.
The only brave people get up and face the challenges.
legendary
Activity: 2338
Merit: 1775
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Every day (even today) there are new opportunities to significantly increase your financial well-being. 

There are moments in every person's life when these possibilities become so obvious that they cannot be overlooked.  It's called "getting to the right place at the right time".  In fact, this is a gift of fate.  Fate gives a person a chance to significantly improve their financial well-being in a very short time frame. 

However, in order to take advantage of this chance, you need to have the mindset of a rich person who is constantly looking for opportunities to increase his income. 

Many people do not have this type of thinking, so they do not take advantage of the new opportunity to increase their wealth (referring to various circumstances).
full member
Activity: 1204
Merit: 110
People who are successful today are people who have been up and down for several times, and they always want to try new things to be able to make a lot of money, of course this is the principle of rich people and always have a way to be able to make money, but for poor people maybe such things will be difficult to do so that they cannot develop in business or other things they do, and nowadays there is a lot of motivation from successful people if those of us who are still poor can follow their path I think success will also be with us,actually some poor people know how to achieve success but they don't dare to do that so development never happens.
it is very important to get up every time you fall. And face your challenges.
It is also very important to take care of yourself in the time of utmost challenges. Complaint less and work more!
sr. member
Activity: 1512
Merit: 397
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People who are successful today are people who have been up and down for several times, and they always want to try new things to be able to make a lot of money, of course this is the principle of rich people and always have a way to be able to make money, but for poor people maybe such things will be difficult to do so that they cannot develop in business or other things they do, and nowadays there is a lot of motivation from successful people if those of us who are still poor can follow their path I think success will also be with us,actually some poor people know how to achieve success but they don't dare to do that so development never happens.
sr. member
Activity: 1974
Merit: 450
Conclusion
👉👉Recognize where you stand and how you would like to move forward. Having a poor mindset may made your poor forever. The mindset you have will determine the level of your achievement.

👉👉Never get confused about your recent status. Confusion brings distracted and lack of focus. It never to late for a change in mindset. Work on yourself, think positively, be focus, have a dream and work towards your dream to achieve great success.

Maybe if I describe it, this is all about how consumptive thinking and productive thinking, more precisely, consumptive to be poor and productive to be rich (beyond the status of rich and poor because basically poor people can be rich and rich people can be poor because of their thoughts)
Indeed, most of the poor think about things that are consumptive in spending their money and relatively rich people use their money for more productive things to multiply it, to cause different pressure situations and conditions.

If you were given $10k and your thinking was consumptive, maybe you would spend it on buying new mobile phones, clothes, cars, vacations, eating at expensive places and other things that would even add to your expenses and $10k money would become goods and dirt (Rubbish). If you have a productive mind, surely you will use that money to create a business or invest it to seek additional profits on an ongoing basis.

So I think more precisely, the thing that makes you poor or rich is your thinking, not the status of that person.
Even though he started from poverty or wealth, if he has productivity in his thinking, the poor will become rich and the rich will get richer and vice versa.
legendary
Activity: 3052
Merit: 1168
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There are so many over simplified issues in this that i just have to respond

🗝️🗝️ Rich people make money work for them. Instead of just working and relying on income, a rich person would take a proportion of their income and invest it but the poor people are said to work for money. A poor person sees $1000 as just $1000. A poor person works paycheque to paycheque for the rest of their life. They neither save nor invest any part of their income. 🗝️🗝️
This is just not true, i know several people that i consider relatively poor and they have their savings on stocks etc. This is just rich peoples idea of a poor people.

🗝️🗝️ Rich people spend on necessities and what is needed not what is desired. A rich person with a perfectly functioning phone would not need to spend money on a new one. A truly rich person does not care about trends, they care about net worth. Poor people spend on both necessities and desires. A poor person spends beyond their means. They care about the latest trends, not about net worth. 🗝️🗝️
Oversimplifying. Obviously you are not going to spend all of your money if you are going to save it, but it isn't as simple as this. Everyone who has been poor knows that poor people wear what they can afford to wear because they can't afford to buy over their budget, and use only what they need. Some of them are depressed and see no point in saving but that isn't a mindset you can easily change.

🗝️🗝️ Rich people think of a long-term goals but poor people set at best short-term goals or none. They do not see the necessity of long-term goals such as money for future living. 🗝️🗝️
Lot's of poor people plan for the future and for their children's future, so this is false claim.

🗝️🗝️ Rich people tend to be risk takers but poor person is more likely to be risk averse. For example, when given an opportunity to invest in a startup, poor people are more likely to immediately turn this down. They do not see this as a chance to increase wealth. They see this as a reduction of their disposable income. 🗝️🗝️
I know many poor risk takers, that's why they are poor now.

🗝️🗝️ Rich people are eager to learn but the poor people are not eager to learn. Most millionaires in the United States were not born millionaires, they learnt how to build wealth. The more they learn, the more they understand the world. 🗝️🗝️
I would like to see a study that how many of these people were born in first world countries with a safety net only rich countries can provide, because i am thinking if it's not 100% it's still going to be pretty high.
hero member
Activity: 2576
Merit: 579
Most people focus on gains more than sacrifices. They want to get rich instantly and they sometimes disregard the risk that their business has and mismanage it. They want to get rich faster by having big capital and believing that they can have bigger profits through it. Their common mistake is they want to rush things out without having further studies and proper planning about the business.
If someone has a large capital and has the intention to do business. So what needs to be learned first is how to manage his capital as well as possible and how he starts it as wisely as possible, as well as the risks that can arise in any business which of course must be immediately known through research before trying to run any business.
Because if he immediately thinks about big profits without remembering the knowledge he must have in doing business, it is clear that large capital will be more easily lost or exhausted.


If we consider the gain first it may mislead.  Sometimes it is good to start a business even if the gain is not much , doing this just to create awareness. By the time the business is beginning to grow then more profit will come. Business is about time and to have patience for the better days.
Yes, it is indeed misleading because sometimes a person forgets the risk when thinking about profit, so that his mind no longer remembers the things that must be prepared before getting a profit, but he will immediately remember the profit without any preparation to get it. Because business in the long term is the best to run, as you have said where business must have patience so that the business can develop well.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
One of the problems people have when it comes to business and investment, they do not believe in starting small, they want to only start first until they gather millions.  They forgot that the big and successful investment we see now started very small.  The challenge people are facing is our start.

Most people focus on gains more than sacrifices. They want to get rich instantly and they sometimes disregard the risk that their business has and mismanage it. They want to get rich faster by having big capital and believing that they can have bigger profits through it. Their common mistake is they want to rush things out without having further studies and proper planning about the business.
that's a cycle that must be addressed in the mindset for the future. because if someone still has the initiative to rise up on a scale in the sense that they look a little successful from year to year then this option should be instilled in their mindset in building a business. not unless a child of a rich person even if he does not have a business spirit then he will also achieve a failure even though he has a large capital background.
sr. member
Activity: 812
Merit: 365
rich people or poor people

rich also many parts, friends,
poor are the same

the rich

   here you tell the rich people who are dominant or lead to a lot of money, indeed people who have a lot of money can be called rich people, but are they happy?
some are happy, some are not

the poor,

   indeed poor people financially or financially lose to rich people, but do you know that not a few poor people have more happiness than rich people, why?

- they don't think much, they just work and get paid
- even though their income is the same every month,
but they don't complain, they just enjoy it.

but are they happy,
some are happy, some are not

therefore,
we have to keep working and looking for opportunities as much as possible,
because humans are given the ability to think and reason healthy by the creator of Allah swt,

so as human beings who have reason we must want to be successful people,
because if successful, we can help people more often,

in a sense, success is happy in all aspects

- mind aspect
- heart aspect
- aspects of our body
- treasure aspect
- and aspects of kindness.
legendary
Activity: 1022
Merit: 1341
The rich and poor fall on the circle of friends you keep and your exposure. Your circle will determine the kind of mindset you end up having. If you mingle with poor people, there is every tendency you will reason like one, who doesn't have the zeal to take a risk or have life-changing opportunities. The rich people mingle with their fellow rich people and they are always open to opportunities. They utilized every opportunity brought to them, while the poor backslide when the opportunity comes knocking at their door.

There is only one place that all of them (both the rich and the poor) are equal and that is the grave. In grave the rich and the poor share the same characteristics. But in the  living, the rich are more superior to the poor. Even within the rich there are classified into two. Wealthy and Rich. But they are all equal in the ground. God humble all there. There is social stratification in which the poor can also climb the ladder from different angle. When we come to thinking, it is not that the poor man can think well or can not take risk but the capital to take the risk one of the major issue of the poor. There is no money to start any business with if someone brought business idea which has no capital to execute it he became afraid not because of the business but he is afraid that he might lost another person money and enter debit. That is the fear of the poor man is debit while the rich man uses debit to make his money.
hero member
Activity: 2828
Merit: 518
I have many friends who are always actively participating in self-development seminars for success and have passive income, but for almost 4 years I have seen no significant developments, on the other hand I also have friends who are not educationally good but whose wealth continues to increase and already have dozens of employees even though he's only in the fruit and vegetable business.
Because people who are too educated will end up trying to find that one thing which will make them rich, and they risk putting in money to make more money. What the difference probably is that your friends who do not have any business that makes them profit would be working and earning a decent salary, not rich, but decent enough, whereas your friends who own business' would be not educated as much and they wouldn't earn a good salary, so only way to make any good income would be starting a business and risking everything.

The grocery store around my street makes more money than most educated friend I know, all because they are more brave when it comes to investing.
Well, education is also a big factor in why a person could think about a way to earn more money rather than just being an employee. However, sometimes it  was also a hindrance to their success for some of these educated people are having high pride and they want instant success - impatient. That is why we have seen that some of the small business players or market vendors have more money than them for they don't look for an elegant job, unlike professional people.
sr. member
Activity: 2366
Merit: 332
I have many friends who are always actively participating in self-development seminars for success and have passive income,

Forget about such shows that never lead the youth beyond being employees. Those who work for people and earn income will remain at the average or below good standard of living except they diversify means of income.


but for almost 4 years I have seen no significant developments, on the other hand I also have friends who are not educationally good but whose wealth continues to increase and already have dozens of employees even though he's only in the fruit and vegetable business.


The real wealthy people are those in the manufacturing and not consumers. If you manufacture products or consumables, you are sure of patronage and you must sell in profit to the cost of production. The past have also proved this with those wealthy grannies, they were manufacturers, service providers and not just income earners. That was how they created wealth for their households.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I have many friends who are always actively participating in self-development seminars for success and have passive income, but for almost 4 years I have seen no significant developments, on the other hand I also have friends who are not educationally good but whose wealth continues to increase and already have dozens of employees even though he's only in the fruit and vegetable business.
Because people who are too educated will end up trying to find that one thing which will make them rich, and they risk putting in money to make more money. What the difference probably is that your friends who do not have any business that makes them profit would be working and earning a decent salary, not rich, but decent enough, whereas your friends who own business' would be not educated as much and they wouldn't earn a good salary, so only way to make any good income would be starting a business and risking everything.

The grocery store around my street makes more money than most educated friend I know, all because they are more brave when it comes to investing.
legendary
Activity: 4410
Merit: 4766
Do you know having high educational qualifications doesn't not guarantee someone to be successful in business.
Higher education qualifications are nothing more than a formality,

businesses mostly see a degree as this:
* a person that has agreed to work(study) for X years without getting paid
*seeing someone get out of bed and do work without instant reward
*someone that is willing to put effort into bettering their life
*someone that has had years of working(classroom)  with others
*someone that take orders(teachers assignments)

this shows more about personality than skill. and yes business  decide on personality as well as skill

businesses do see the benefit of someone that done a degree in anything more then a "lacky" that has done nothing.

but with that said having a degree does not promise you a job because most state universities of 40,000 students+ per uni have dozens of thousands of people every year all getting degree's
yep if you are in a degree with 50 other students .. that is you having the same qualification as them and them competing for the job you want. so you only have a 2% chance of getting the job your classmates are also applying for.

and with that said. someone with natural talent that finishes highschool and just starts up their own business or 'learns on the job' from the bottom. could just as easily compete.. with the right motivations(personality)

. there are alot of crypto people that become successful in coding and running businesses now about bitcoin..  that never went to university to learn business or IT. they learned by just giving it a go and learning at their own pace privately at home. and showing off their skill by releasing their projects or having a portfolio of demonstrable work they can do.

poor people CAN compete with rich people that went to university. its just that poor people dont always get the free time after their 60 hour minimum wage job(to pay the bills) to then have time to learn/invest in their own future of learning from home. because they are just tired at the end of the night or dont see the point because others have told them they wont be able to compete with "college educated guys"
hero member
Activity: 2282
Merit: 589
Do you know having high educational qualifications doesn't not guarantee someone to be successful in business.
Higher education qualifications are nothing more than a formality, only signifying you have studied but not necessarily you have thought and only have a degree to insert your last name. Although the purpose of business is very broad but I have summarized in several ways being a successful businessman:
- You can develop a business according to your expertise, we see many close friends have been successful because they turned their hobbies into profitable businesses so that business is a passion.
- Good team, every business has management to be managed by an experienced team according to their expertise, so make sure you hire an experienced team and have the best job history.
- Build networks, increase productive relationships and partners to support your business for the long term.
- Improve business capabilities, the business world always has competitors to corner the top position so we must improve our ability to adapt our business to technological capabilities and always increase interaction from consumers.
legendary
Activity: 4410
Merit: 4766
rich people have more opportunities without it messing up their life so they take more opportunities with less risk
poor people have more risks but dont have opportunities. but poor do take more risks
EG poor people are more likely to be gamblers/not pay rent so they can be consumers and buy things they shouldnt be buying, risking eviction
I think the opportunities that rich people have is called leverage. Every rich person hangs out with another rich person who knows another rich person.

its not so much a buddy system
its even the basics of money management/confidence

image they only have $50 spare cash a month
poor people are not thinking/looking for opportunities
they are mitigating potential future homelife surprises(risks)
(need to save this incase boiler breaks)
(dang kids need school shoes for next semester. must keep it for that)

where as rich people with spare $50 would try to turn $50 into $72 into $103. and then spend the original $50 on homelife surprises keeping 53 spare to grow more


if you gave $10 to a poor kid and a rich kid each.. heres how things play out

poor kids parents would tell kid to save it because christmas is coming and he can buy his sister a nice toy for christmas that costs $10

rich kids parents would tell kid. to buy $10 of ingredients to make lemonade for 20 glasses. and sell 20 glasses of lemonade for $1 each($20)

yes the poor kid could also sell lemonade.. nothing physically is stopping him. but thats not how he was taught to see money as opportunity, even when opportunity is just around the corner at the corner store that sells ingredients

its like the word
"appreciate"
poor: enjoy and respect money(spend it on things)
rich: accumulate and multiple(invest it)

same word different meanings
hero member
Activity: 1050
Merit: 592
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I have many friends who are always actively participating in self-development seminars for success and have passive income, but for almost 4 years I have seen no significant developments, on the other hand I also have friends who are not educationally good but whose wealth continues to increase and already have dozens of employees even though he's only in the fruit and vegetable business.

Do you know having high educational qualifications doesn't not guarantee someone to be successful in business. To be successful in business requires planning by doing things in the right way to make business grow. If you make research best business men are not successful in their because they have high educational qualifications. Business growth is about doing the right thing in the right way. When doing business we must consider a lot of things, sometimes the environment where we do a business may not be good for the business.  Their are other factors that can be inhibitor to business, before planning business their should be good plan and reasoning that can help push the business to grow well.
hero member
Activity: 1358
Merit: 627
This tendency of mindset sometimes has to be avoided by everyone, be it the poor or the rich, because so far we can see the reversal of different mindsets as you described. I mean rich people from their parents' property, it's not necessarily that their children will also be successful if they are not educated properly because on average in my place the children of rich people often live extravagantly because they are not educated properly so there is a waste of money which can be fatal in the future. So comparisons occur, among others, where the children of the poor seem to have more patterns in simplicity and they tend to prefer to turn things around from misery to live a prosperous life from several sectors, maybe they can save or have big dreams that they can do by studying and studying.

a little input or more details you can see read here
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