7 Truths Millionaires Embrace That The Rest Of Us Don’t

All of us are living withing our own dream and we may have unique beliefs for happiness, success, etc. There are some beliefs that we don’t embrace more than the next individual. We came across this article on BusinessInsider and believe it is imperative to read if you have aspirations to become in wealthy in life. Here are 7 truths that Millionaires embrace that we may not. Hopefully, you take these truths into consideration in order to change the way you think.

“If you follow the beliefs, philosophies, and strategies of the rich and take action, you have a legitimate shot at becoming a millionaire,” writes self-made millionaire Steve Siebold, who interviewed over 1,200 of the world’s wealthiest people for his book, “How Rich People Think.”

The problem is, most people don’t do this, including a young Siebold.

“I spent the first 25 years of my life thinking about money like the masses, which kept me broke,” he writes. “Once I changed my thinking, the money started to flow.”

Who knows if attaining wealth is really that simple — but it can’t hurt, right?

To help you change your thinking, we’ve rounded up seven truths about money that millionaires embrace:

1. Money can solve most problems

The wealthiest people see money for all the good things it can provide — freedom, opportunity, possibility, and abundance — and are not afraid to admit that, logically, it can solve most problems.

“The great ones know money is a critical tool that presents options and opportunities,” Siebold writes. “They also know if you’re not happy without it you won’t be happy with it. But while money has little to do with happiness, it’s one of the most important tools in the game of life.”

Meanwhile, the typical person tends to view money as an enemy.

“Most people have a dysfunctional, adversarial relationship with money,” he writes. But, “If you want to start attracting money, stop seeing it as your enemy and think of it as one of your greatest allies.”

2.Getting rich has little to do with your level of education

“Self-made millionaires know getting rich has little to do with intelligence and everything to do with focus and persistence,” Siebold writes.

Building a fortune isn’t necessarily about being smarter, he says: “It’s about knowing what you want and being laser-focused on getting it, no matter how long it takes or how hard you have to work. It’s simple, but not easy.”

In fact, many incredibly wealthy and successful people are college dropouts. While the rich don’t necessarily put much stock in furthering wealth through formal education, they do appreciate the power of learning long after high school or college is over and choose to constantly self-educate.

“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,” Siebold writes.

 

3.If you do what you love, the money tends to follow

“The masses think about how much they can get paid to do something, while the rich figure out what they love to do and then find out how to make money doing it,” Siebold says.

If you do what you love, other traits required to be successful will come easier, he argues:

Instead of setting out to find work with the most profit potential, focus on work that has the most fulfillment potential. Once you find it, invest so much heart and soul into your work that you become one of the most competent people in your field. You’ll be rewarded with uncommon wealth.”

4.You don’t have to have money to make money

“The masses think about how much they can get paid to do something, while the rich figure out what they love to do and then find out how to make money doing it,” Siebold says.

If you do what you love, other traits required to be successful will come easier, he argues:

Instead of setting out to find work with the most profit potential, focus on work that has the most fulfillment potential. Once you find it, invest so much heart and soul into your work that you become one of the most competent people in your field. You’ll be rewarded with uncommon wealth.”

5.Money doesn’t just fall into your lap — you have to go after it

“You’re not going to be discovered, saved, or made rich by an outside force,” Siebold notes. “If you want a lot of money, build your own ship. No one is coming to the rescue.”

While the middle class tends to play the waiting game, the rich define specific wealth goals and create a concrete plan in order to achieve them.

The rich not only actively pursue their ambitious financial goals until they’re met, but they expect to make money.

6.The quickest way to wealth is self-employment

Average people choose to get paid based on time — on a steady salary or hourly rate — while rich people choose to get paid based on results. What’s more, rich people are typically self-employed and determine the size of their own paycheck.

“It’s not that there aren’t world-class performers who punch a time clock for a paycheck, but for most this is the slowest path to prosperity, promoted as the safest,” Siebold writes. “The great ones know self-employment is the fastest road to wealth.”

While the world-class continue starting businesses and building fortunes, average people settle for steady paychecks and miss out on the opportunity to accumulate great wealth.

7.Getting rich is an inside job
Anyone can become wealthy, Siebold emphasizes: “Getting rich beings with the way you think and what you believe about making money … The secret has always been the same: thinking.”

How do you start thinking like a rich person? Study them, Siebold says.

Next, “Stop telling yourself that getting rich is outside of your control,” he emphasizes. “The truth is that making money is an inside job.”

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