Rich people think and act differently than the rest of us. They aren’t born with this “rich mentality” — they learn how, and then choose, to think and act this way.
It’s a concept that has been in print for nearly a century, thanks to a journalist’s research of over 500 self-made millionaires in the early 20th century, and continues to gain relevance today.
In T. Harv Eker’s bestselling book, “Secrets of the Millionaire Mind,” the self-made millionaire identifies specific choices the wealthiest people make on a daily basis that most of us fail to emulate.
Here are 5 of them, with commentary from Eker’s bestseller:
Rather than wanting to be rich, wealthy people consciously commit to being rich.
'Getting rich takes focus, courage, knowledge, expertise, 100% of your effort, a never-give-up attitude, and of course a rich mindset,' writes Eker. 'If you are not fully, totally, and truly committed to creating wealth, chances are you won't.'
They are able to fully commit because they have precise goals and a clear vision: 'The number one reason most people don't get what they want is that they don't know what they want,' he continues. 'Rich people are totally clear that they want wealth. They are unwavering in their desire ... As long as it's legal, moral, and ethical, they will do whatever it takes to have wealth.'
Rather than focusing on obstacles like most people tend to do, rich people focus on, and capitalise on, opportunities.
'Rich people see potential growth,' writes Eker. 'Poor people see potential loss. Rich people focus on the rewards. Poor people focus on the risks.'
'There's nothing wrong with getting a steady paycheck, unless it interferes with your ability to earn what you're worth. There's the rub. It usually does,' explains Eker.
The wealthiest people never have a ceiling on their income, nor do they choose to get paid for their time, says the self-made millionaire.
'Rich people prefer to get paid based on the results they produce, if not totally, then at least partially,' he writes. 'Rich people usually own their own business in some form. They make their income from their profits. Rich people work on commission or percentages of revenue. Rich people choose stock options and profit sharing in lieu of higher salaries.'
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