Posts Tagged ‘how to be rich’

How To Be Rich With These 3 Proven Criteria

March 9th, 2010

Do you want to be rich?

What a dumb question, everyone wants to be rich. However, the truth is opposite. Most people want to be rich but most of them are not rich.

Have you ever heard of the 80/20 rule? This is exactly what is happening with most people in life. 80% of the people want to be rich, but only 20% of them is rich.

80% of the people want to be successful, but only 20% of them is successful. There are tons and tons of examples that you can find.

So do you think you are belong to the 20% or the 80%?

Don’t worry which category you are in. Right now, there is a guaranteed way for you to be rich. As long as you follow through these 3 criteria below, you will be able to become as rich as you can think of.

Yes, you can be as rich as you want to be. If you think you can do it, then you can do it. Like what Henry Ford has to say, “whether you think you can or cannot, you are absolutely right.” There’s no yes or no, it is just what you think makes it a yes or makes it a no.

So once you believe that it is possible for you to be rich, here are the 3 criteria for you…

1. Do What You Love

No matter what, you must choose to do what you love if you want to be rich. Think about it, if you hate to sell, there’s no way you can be rich by becoming a salesman. Even if you did earn a lot of money from selling, you will end up with a lot of frustration.

You must do what you love and only then you will do it with full commitment. When you’re doing something that you love, you will automatically tap into your full potential and have the inner source of motivation.

Without motivation and passion, do you think you can go for the long run? The answer is obvious, this is why most people give up. They lost the motivation to go on. And you must not let this happen to you.

And for you to keep on doing for the long run, you will need your inner source of motivation, which is by doing something that you really love.

2. Economic Engine Of What You Do

If you want to be rich, you must find a way to monetize what you love to do. No matter what you love to do, there is a way to making money from it.

If you love to play with numbers, you can be rich through investment. If you like to teach, you can be a teacher and build a big business in education line. You can share your knowledge via books.

If you love to play tennis, you can start a sports center by teaching or selling tennis rackets or shoes. There are a lot of ways that you can make money from doing what you love.

You just need an idea for you to do it. If you love what you do but you are not making money from it, you will never attain your goal, which is to be rich.

3. What You Think You Can Be Best At

Yes, that’s right. If you want to be rich, you must do what you can be best at. Many people are not doing what they can be best at, and this is what is causing them to produce only mediocre results in their lives.

For those who discovered what they can be best at, and if they do it with 100% commitment, you will see that they produce amazing results from what they do.

If you do things that you think you can be best in, you can definitely produce amazing results in your life. Think about Donald Trump, Michael Jordan, Warren Buffett, Bill Gates, Oprah Winfrey and more. They are the best in what they do.

This is how you can raise yourself to become the top 5% in your industry. If you are not doing what you can be best in, you can never produce the outstanding results that you want.

Therefore, if you can identify this one single thing that you love to do, can be best at and you know how to make money from it, you will definitely become the next millionaire.

Once you have identified it, you just need to put in 100% focus and commitment to make it happen.

7 Main Differences Between Rich And Poor People

January 18th, 2010

Rich or poor, which category do you fit in?

Most people want to be rich, but most of them are poor, why?

There must be some differences between rich people and poor people. If you study carefully, you will find out why rich and successful people are able to produce amazing results in their life, and why some people are living in poverty.

To be rich and successful, you don’t need to be lucky, extremely hard working or you need to have a college diploma or a university degree.

What you need, is the right mindset and the right mindset will form the right habit. As a result, the right habit will lead you toward the financial abundance kind of lifestyle that you always desire.

So here are the 7 main differences between rich and poor people…

1. Rich people believe that they create their lives while poor people believe that life happens to them. Can you see why rich and successful people are able to create amazing results in their life right now?

It is simply because they are in control of their lives. They believe that they are the ones who is responsible for their lives, they are the ones who is creating their future, not the economy or the knowledge or luck.

On the other hand, poor people will always give excuses and blame on the circumstances. When they failed in their business, they will blame the economy, their boss, their family or anything that did not go according to their plan.

Whenever you believe that life happens to you, you will lose the power to change and the power to control your future. You must believe that you’re the one who is creating your future, not other people or events.

2. Rich people play the money game to win but poor people play the money game just not to lose money. This is a big mindset difference.

Have you ever seen people invest in the stock market? Some people are so afraid that they will lose their money and they form a mindset that blocks their creativity. They formed the mindset of ‘investing not to lose the money’.

However, rich and successful people know exactly how they need to think in order to win the game of money. They will think and act from the view of playing the game to win. Unlike poor people, they will never invest just not to lose the money.

3. Rich people think and focus on opportunities while poor people focus on obstacles. When you face with problems, what are you focus on?

Are you focus on the problems, thinking how bad the situation is going to be? Or are you focusing on the solution and thinking about how you can solve or even turn the situation into opportunity?

Think about this carefully. No matter who you are, you will definitely face with all kinds of choices in your life. And when you need to decide to move on, try to notice on you thinking, what do you focus on, the solution, or the problem?

4. Rich people dare to dream big, poor people think small. When I tell my parents that I want to make a million dollar, they will tell me, “Why do you need so much money? You can live a very good lifestyle if you got a job that has a good pay. You don’t need to be a millionaire.”

I don’t know about you, but this statement happens to me all the time. And I definitely believe that poor people will tend to think small while rich people always think big.

To poor people, they will think that rich people are greedy because they always think big. Is it true that you are being greedy if you think big? I don’t know if I buy this, but to me, I’ll think of it as a waste if you’re not using the resources available (your thinking) to you at full.

Don’t you owe it to everyone around you to create a better life for them? Don’t you want your family to live good? So think big and create the abundance lifestyle for these people right now.

5. Rich people are committed to their dreams, poor people are just dreaming about their dreams. Yes, this is an obvious one.

If you’re not committed to be rich, you can never be rich. How many times have you heard people say that they want to be rich, but they never do anything about it?

This is the mentality of poor people. They will just think about how good it is going to be if they are rich, but they will never do anything about their dreams. They know that they cannot afford a luxury car if they have a low pay job. The thing is, they never do anything to change it.

On the contrary, rich and successful people are committed toward their dreams. They will do whatever it takes, in the boundary or moral and ethics of course, to achieve their dreams.

6. Rich people associate with rich and successful people. Poor people will associate with poor people. Do you have any rich friends? Or all of your friends are poor?

I’m not suggesting that you need to stop making friends with poor people, what I’m suggesting it, try to get to know more about rich people. The more you mix with them, the more you will think like them. And if you think like them, you will start to create amazing results just like them.

If most of your friends are poor and their working salary all are below, $2,000, you will be having the same range of salary most of the time. However, if you associate with rich people who are making $2,000 in just a day, you will start to see the possibility of what you can accomplish in your life.

And this will change your thinking of what you can achieve in your life. $2,000 will become a small amount for you once you changed your mindset about money.

7. Rich people good learners while poor people think that they have learned everything in the world. One of the fastest ways to be financially abundance is to learn directly from people who have already achieved this status.

And if you’re not willing to learn, you will never be able to be successful. If you want to get the best pay, you must be the best. And the only way you can be the best is to learn from the best and learn to be the best.

You now know what are the 7 main differences between rich and poor people. Do what rich people do and try to avoid the adopting the mindset and habits of the poor.

This will guarantee you a financial abundance lifestyle.