The truth is that Aliko
Dangote is no different from you and I in many respects. The only difference is
the way he thinks about money and wealth. Rich people approach building wealth
as starting from the mind, conditioning themselves to attract stupendous
resources. The good news is that If Dangote can do it, so can you.
Now credit must go to
Steve Siebold, the author of “How rich people think,” who spent twenty-six
years interviewing and studying some of the richest people in the world.
Siebold discovered that if he wanted to get rich he had to learn to think like
a rich person. He ended up gleaning a hundred differences between how the rich
and the average person thought.
Here are twelve of them:
The average believe that money is earned through labour…the rich
believe it is earned through thought
Those who are not rich
tend to believe that the harder they work the more money they’ll make. If this
were so then laborers, factory workers and their ilk should have the most
wealth but sadly that’s not the case. We are told to go to school, work hard
and get a good job as the way to wealth but no one achieves wealth this way.
The rich think abundance and harness their creative thoughts to make it a
reality. According to Steve Forbes, “The real source of wealth in this new era
is not material things. It is the mind, the human spirit, the human
imagination, and our faith in the future.”
The average worry about money…the rich dream about money
Worry is the order of the
day in the Average league when it comes to money. This is because they
constantly fret about where the next inflow is going to come from, thus living
their lives on edge. The rich dream about it, thus laying the groundwork for
their thoughts and actions to actualize wealth. They do not have any fears
about money, thus giving them the freedom to succeed in creating more wealth.
The average think about spending…the rich think about investing
The average usually live
beyond their means. They usually earn little so they have to spend it all to
exist. The rich also spend heavily but they put aside a portion of their income
in investment vehicles. Wealth is built by investing, putting money to work for
you to produce more. The rich don’t focus on spending and saving, rather they
focus on how to earn more, invest a percentage of it and spend the remainder.
The average equate money with stress…the rich equate money with
peace of mind
The average person sees
money as a necessary evil that must be endured as part of life. In short they
see only negative things about it. The rich instead see money as the great
liberator through which they can purchase financial peace of mind. Money makes
many problems disappear, so the man who lacks it still has many problems he
cannot handle which causes him stress.
The average work as little as possible…the rich work as smart as
possible
The most popular strategy
among the average to make wealth is by winning the lottery. Sadly they believe
that this is the only hope for them. They go to work daily, turn in an average
effort and wonder why they are perpetually struggling financially. The rich
instead bet on themselves, put in a world class effort and take steps towards
the achievement of their goals. They seek for productive ways to get things
done with and through others utilizing the best practices available thus
getting mega results.
The average just want to be comfortable…the rich are comfortable
being uncomfortable
Anyway you look at it
everyone just wants to be comfortable. But comfort is dangerous because it
pushes you into a false sense of security that you’ve reached the pinnacle when
there is still more to be done. The rich don’t want to stay in their comfort
zones, instead they drive themselves on till they achieve and exceed their
targets. The rich instead of relaxing keep pushing themselves on as there is a
price to pay for being wealthy. You will hardly strive if you are comfortable.
The average seek money for power…the rich seek money for control
The rich know that money
is a tool, meant to be controlled for it is a lousy master but a faithful
servant. They want to put money under their control where it is meant to be,
not to be carried away by it. The average would like to acquire wealth for the
purpose of the power it gives them over others. This is why they fail to amass
it. Most of the wealthiest people in the world control money and hardly look powerful.
The average would rather be entertained than educated…the rich
would rather be educated than entertained
The average hardly pays
the price required to build wealth, which is to continue getting educated. Walk
into a wealthy person’s home and one of the first things you will see is an
extensive library of books they have used to educate themselves to become more
successful. The average would rather read tabloids, novels and watch all forms
of entertainment on television, while the rich gather information to make them
richer.
The average believe that money will make them happier…the rich
know that money has little to do with happiness
Money won’t make you
happier is not a statement the average like to believe. There are many stories
of rich people being depressed and committing suicide so it is a fact that
money is not the main ingredient for happiness. The rich do not amass a fortune
to be happy, rather they do so for the freedom it brings.
The average believe in financial scarcity…the rich believes in
financial abundance
Those who are average
believe the rich have cornered huge chunks of the financial resources thus
leaving little or nothing left for them. They believe money is difficult to
earn and is scarce, in stark contrast to the rich who believe that resources
are abundant if you just know where to look. One sees scarcity thus making it a
reality while the other sees abundance and it manifests in reality. You
ultimately become what you see.
The average believe money is complicated…the rich believe money
is simple
The average believes
making money is a mystery. Money making, rather is a product of ideas and
creating value in the marketplace. Getting rich in a free market economy is
simply a matter of trading solutions for money. The rich are not smarter,
luckier or more educated than the average person. While the average tends to be
over analytical on the subject of money the rich approach it like a child who
honestly believes he can do anything.
The average focus on pleasurable activities…the rich focus on
money making activities
The average individual’s
appetite for pleasure is substantial and they really focus their attention on
being entertained. The rich on the other hand make money-making their focus
doing things they enjoy. They turn their hobbies and passions into money making
ventures. They derive pleasure doing what they love and getting paid for it.
Dangote “wannabes” are
encouraged to digest these differences and make significant adjustments to
change their thinking from average mode to rich mode. If you think the way he
thinks you will eventually get the result he gets.
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