Average People vs. Rich People Part Two

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21 Major Differences in the thinking of Average People vs. Rich People cont’d

Steve Siebold spent nearly three decades studying and interviewing millionaires to find out what unique features made them different than ordinary people. What he found was quite interesting. In almost all cases the single biggest difference, other than the obvious bank accounts, was the thought patterns and processes of the average people vs. rich people. He published his findings and discovery in his book titled “How Rich People Think.” These 21 major differences are points that he brings up in his book and I recommend checking it out.

 Yesterday we began looking at why there is such a disparity between average people vs. rich people. It isn’t just in the bank account. The big differences lie in the thinking and decision making that direct the actions that result in a big bank account. So it makes sense that if you want the big bank account ,you have to undertake the specific actions that the rich use to create it. And first there has to be a ‘rich thinking’ to define and guide those actions.

So let’s continue on with the 21 major differences in the thinking of Average People vs. Rich People 

4. Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge. Most average people are of the opinion that a formal education and a master’s degree or doctorate is a guaranteed path to wealth. In fact, as Siebold discovered, many of the upper tier of wealthy people have little formal education, and instead have focused upon specific skills and knowledge that has allowed them to amass their fortunes. They aren’t held back by the lineal thinking of the masses that believe in being rewarded for having undertaken specific actions. The wealthy aren’t interested in the means to achieve something, only in the end result.

5. Average people long for the good old days. Rich people dream of the future.

 “Self-made Average People vs. Rich Peoplemillionaires and visionaries get rich because they’re willing to bet on themselves and project their dreams, goals and ideas into an unknown future. They know that they cannot change history, nor can they crawl back in time. And the reality is, they don’t want to even if they could. Their yesterday did not hold the answers that they are looking for. In one of the major differences of average people vs. rich people, the average joe is convinced that if only he could return to the good old days, things would be all happiness and light. In reality he can’t, so he will struggle with unhappiness and depression. Soon he believes that his best days are behind him.

6. Average people see money as an emotional subject and approach it that way. Rich people think about money logically and do not attach emotion to their decisions around money. If you take an average well educated, successful, professional and suddenly threaten his or her retirement plans you are guaranteed to get an emotional response. Most average people feel that they are ‘owed’ something, and the most important thing that they are working for is a comfortable retirement.

Rich people see money for what it is without the emotional trappings. To them it is a useful tool that presents options and opportunities. They don’t look upon it as a security blanket that must be held onto tightly.

7. Average people earn money doing things they don’t love. Rich people follow their passion. Taking on a job or a career that you may not even enjoy and will likely come to despise, is common for average people vs. rich people who find a way to be paid for following their passion. The result is that the masses think that the rich people are working all the time, and in a sense they are, but they are working on their passion, so it scarcely seems like work at all. In contrast, the average person is stuck in a job that he took because he had the qualifications and education for it. He doesn’t have the desire or enthusiasm required to make working fun and now the hours drag by.

8. Average people set low expectations so they’re never disappointed. Rich people are up for the challenge. It is a true irony in life that mental health experts and psychologists tell people to set the bar low so as not to be disappointed with the results that they achieve. In reality, they have just set limitations not only on their expectations, but upon life itself. You won’t ever drive off the road if you are always in first gear, but you sure as heck don’t get to go many places. The wealthy wouldn’t accept limitations placed on their dreams and aspirations. No one has ever struck it rich and got to live out their dreams without huge expectations. After all, we tend to get what we believe we will.

Tomorrow we will continue on with the differences in the thinking of average people vs. rich people. Join us then. Until then think about this: Are you followiing YOUR passion?

Till Next Time….

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Sigrid McNab

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About Sigrid McNab

Sigrid McNab is the author of #1 Amazon Best Seller, speaker and the CEO and Founder of sigridmcnab.com. Sigrid specializes in blogging, attraction marketing, and generating highly qualified leads. Sigrid teaches people how to build a successful online business.

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