Wednesday, May 4, 2016

How the Rich Think by Steve Siebold Part 9

Money with stress vs equates money with peace of mind
a.            What actions I need to have peace of mind financially:
i.                Buy our forever home
ii.                Buy a new car
iii.                Have a six month buffer

Thinks small vs thinks big
a.            On a scale of 1-7, 7 being biggest, how big do you think?  4.  I don’t feel like I’m just going nuts on providing tons of value to lots of people.

Believes people are out to get them vs believes the universe is conspiring to help them

Believes their thinking is unrelated to their net worth vs knows thinking is the catalyst of all results

Experiences good fortune and can’t believe it vs experiences good fortune and wonders what took so long
a.            “A pint can’t hold a quart. If it holds a pint, it is doing all that can be expected of it.” - Margaret Deland
b.            I loved the above quote because if we condition and expect small things for us then that is all we will get.

The more money you earn the more stress you experience vs the more money you earn the less stress you experience

The more money you make the more problems you will have vs the more money you make the fewer problems you will have

“Don’t knock the rich. When did a poor person give you a job?”

The most popular get rich strategy among the masses is the lottery. Even with odds that virtually guarantee losing, millions flock to purchase tickets every day with hopes of striking it rich without effort. It appears harmless until you dig into this mindset, which reveals the sad truth: most people subconsciously believe this is their only chance to get rich. People travel to Las Vegas for the same reason: the chance to make enough money that they’ll never have to worry about it again. Instead of betting on themselves, they think they have a better chance of hitting the jackpot at a million to one………..totally crazy, but true.

List of 5 things that I can do today/everyday to make me uncomfortable, but that will increase my wealth:
  1. Make a sales call everyday.
  2. Wake up before everybody else.
  3. Come up with ten ideas everyday.
  4. Read something about investing.
  5. Work on processes in my business.

Believes it’s wrong for a small group of people to possess most of the money vs welcomes the masses to join them.

This is so true especially in america when people started protesting the 1% and how much they whine and complain about them.  It’s easier to criticize the wealthy and condemn them as insatiably greedy and heartless than it is to make your own millions.

“Money is neither my god nor my devil. It is a form of energy that tends to make us more of who we already are, whether it’s greedy or loving.”

Believes money creates corruption vs believes a lack of money creates corruption.
Interesting how corruption seems to be less of an obvious issue in 1st world countries versus south american and african countries abound with tales of corruption all over the place from the government down to the police.


1 comment:

  1. This is awesome! I watched a video of the guy who edits Success magazine and he said if we want to grow we have to make ourselves do something uncomfortable everyday! He also said Success and Failure is a pendulum, the more failure you experience the more success you can swing to on the other side. So he would push himself to do things (like your make a sales call everyday) and because he wasn't afraid of failure, almost welcoming it when/if it came, it gave him more opportunities and more confidence and he was able to succeed!

    ReplyDelete