Steve Siebold, author of “How Rich People Think,” spent nearly three decades interviewing millionaires around the world to find out what separates them from everyone else.
“It had little to do with money itself, he told Business Insider. It was about their mentality.”
Here are my favorites from his 21 Ways that Rich People Think Differently:
3. Average people have a lottery mentality. Rich people have an action mentality.
“While the masses are waiting to pick the right numbers and praying for prosperity, the great ones are solving problems”
4. Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge.
“Many world-class performers have little formal education, and have amassed their wealth through the acquisition and subsequent sale of specific knowledge.”
5. Average people long for the good old days. Rich people dream of the future.
“People who believe their best days are behind them rarely get rich, and often struggle with unhappiness and depression.”
7. Average people earn money doing things they don’t love. Rich people follow their passion.
“To the average person, it looks like the rich are working all the time … But one of the smartest strategies of the world class is doing what you love and finding a way to get paid for it.”
8. Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.
“No one would ever strike it rich and live their dreams without huge expectations.”
12. Average people live beyond their means. Rich people live below theirs.
“The rich live below their means, not because they’re so savvy” … but because they can … and they do!
15. Average people would rather be entertained than educated. Rich people would rather be educated than entertained.
“The rich appreciate the power of learning long after college is over … 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 … The middle class reads novels, tabloids and entertainment magazines.”
Thanks to CH for feeding the lead