Teach yourself to be a rich

Steve Siebold is a former professional athlete and national coach. He’s spent the past 26 years studying the thought processes, habits, and philosophies of world class performers.Today he helps companies increase sales through mental toughness training. He published a book on the psychological differences in the behavior of people at different levels of income. More exact, years of experience observing society allowed the coach to find out the difference between thinking of a rich man from the way of thinking of the person, who is living “from a salary up to salary.”

“The average person has been brainwashed to believe rich people are lucky or dishonest (that’s why there’s a certain shame that comes along with “getting rich” in lower-income communities.The world class knows that while having money doesn’t guarantee happiness, it does make your life easier and more enjoyable”, – quoting Business Insider a book “How Rich People Think”.

One of the most significant differences in the thinking of the rich and the average is: “Average people think selfishness is a vice. Rich people think selfishness is a virtue”.

The rich go out there and try to make themselves happy. They don’t try to pretend to save the world. If you’re not taking care of you, you’re not in a position to help anyone else. You can’t give what you don’t have. The problem is that middle class people see that as a negative––and it’s keeping them poor” – the author writes.

Average people long for the good old days. Rich people dream of the future.

“Self-made millionaires get rich because they’re willing to bet on themselves and project their dreams, goals and ideas into an unknown future. People who believe their best days are behind them rarely get rich, and often struggle with unhappiness and depression.” – Siebold writes.

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 they love and finding a way to get paid for it.”

On the other hand, middle class take jobs they don’t enjoy “because they need the money and they’ve been trained in school and conditioned by society to live in a linear thinking world that equates earning money with physical or mental effort.” – Author writes.

Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.

“Psychologists and other mental health experts often advise people to set low expectations for their life to ensure they are not disappointed.”

“No one would ever strike it rich and live their dreams without huge expectations.” – Siebold writes.

Average people believe you have to do something to get rich. Rich people believe you have to be something to get rich.

“That’s why people like Donald Trump go from millionaire to nine billion dollars in debt and come back richer than ever,” he writes.

“While the masses are fixated on the doing and the immediate results of their actions, the great ones are learning and growing from every experience, whether it’s a success or a failure, knowing their true reward is becoming a human success machine that eventually produces outstanding results.” – Siebold writes.

Average people teach their children how to survive. Rich people teach their kids to get rich.

Rich parents teach their kids from an early age about the world of “haves” and “have-nots,” Siebold says. Even he admits many people have argued that he’s supporting the idea of elitism.

He disagrees.

“[People] say parents are teaching their kids to look down on the masses because they’re poor. This isn’t true,” he writes. “What they’re teaching their kids is to see the world through the eyes of objective reality––the way society really is.”

If children understand wealth early on, they’ll be more likely to strive for it later in life.

Average people focus on saving. Rich people focus on earning.

Siebold theorizes that the wealthy focus on what they’ll gain by taking risks, rather than how to save what they have.

“The masses are so focused on clipping coupons and living frugally they miss major opportunities,” he writes.

“Even in the midst of a cash flow crisis, the rich reject the nickle and dime thinking of the masses. They are the masters of focusing their mental energy where it belongs: on the big money.”

Total Steve Siebold shows 21 differences in a mentality of the rich and the average. If the author’s abstract to paraphrase, with an emphasis on the specifics of thinking rich, we get “collection of tips” for those who still hopes to one day become rich. The most interesting characteristics of rich people read as follows: “Rich people believe in acquiring specific knowledge”. “Rich people would rather be educated than entertained”. “Rich people think about money logically”.

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