An important distinction I learnt recently is that many rich people consider (quality) time to be real wealth.
Anything can happen.
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QuoteDisliked17. Average people focus on saving. Rich people focus on earning.
QuoteDisliked2. Average people think selfishness is a vice. Rich people think selfishness is a virtue.
DislikedWho gives a shit what rich or poor people think? Smart people realize that rich people are lucky. There are far more factors out of your control which will determine whether you "make it" in life than there are things in your control. Most Canadian and US professional hockey players are born within the same two months. Why? Because at the youth hockey level, being born in these months means you are able to play with the age group a year behind you, giving you an inherent physical advantage, leading to an increased chance of playing at higher level...Ignored
DislikedSmittens, how many of those people who were born within those same two months that didn't become Canadian and US professional hockey players? How many people who also went to college at around the same time as Gates and Jobs didn't make anything of it? Oh, and I'll remind myself the next time I watch him on TV that "Richard Brandson is a psychopath" because "hey", you can't get anywhere without being a psychopath apparently. (Yes, I intentionally exaggerated the point.) Yes, if you're a psychopath, you don't have to deal with 'petty' issues like...Ignored
Disliked{quote} There is a lot of wisdom in those quotes but my favorite is missing: Average people are paid for their time. Rich people are paid for their performance.Ignored
DislikedLuck is for losers as it doesn't exist and mix in the same plane and plateau as discipline and great habits although I do understand why most would feel that there is a such thing as luck and coincidence....me on the other hand believes everything happens for a reason in due time as destiny has already been written out all the while still maintaining our own free will!!! so live and think big and great all the time to get the desired outcome......Ignored
DislikedLuck is for losers as it doesn't exist and mix in the same plane and plateau as discipline and great habits although I do understand why most would feel that there is a such thing as luck and coincidence....me on the other hand believes everything happens for a reason in due time as destiny has already been written out all the while still maintaining our own free will!!! so live and think big and great all the time to get the desired outcome......Ignored
DislikedSmittens, how many of those people who were born within those same two months that didn't become Canadian and US professional hockey players? How many people who also went to college at around the same time as Gates and Jobs didn't make anything of it?Ignored
QuoteDislikedOh, and I'll remind myself the next time I watch him on TV that "Richard Brandson is a psychopath" because "hey", you can't get anywhere without being a psychopath apparently. (Yes, I intentionally exaggerated the point.)
Yes, if you're a psychopath, you don't have to deal with 'petty' issues like morality and other problems. But that attitude in of itself also creates problems as well, requiring a different skill set to stay ahead (of the law!). Likewise, not being a psychopath doesn't automatically mean you can't do it. It just means it becomes...
QuoteDislikedYes, luck has a part to play in it - perhaps a really big part. But, capitalising on an opportunity requires you to come to the party as well. If it were only down to luck, I'd just spend my life flipping a coin until luck came my way. That isn't the case. Preparation is the other ingredient. Gates and Jobs not only were in the right place at the right time, they also had good habits and recognised the opportunity and because of their preparation, they then could capitalise on the opportunity. Hell, the fact that they had good habits, resources,...
QuoteDislikedThis thread is about that preparation. What attitude / perspective contributes to ensuring that when an opportunity comes your way, you're paying attention, you're prepared with the right mindset and good habits and you're able to capitalise on it effectively.
QuoteDisliked14. Average people let money stress them out. Rich people find peace of mind in wealth.
QuoteDisliked16. Average people think rich people are snobs. Rich people just want to surround themselves with like-minded people.
DislikedSpend 2/3 of your working time on your job so you can pay the bills and Never pay rent. Start owning a home you can afford as soon as possible. and Never borrow to purchase depreciating assets (for example - a vehicle - a wife ) and Spend 1/3 of your working time on some speculative effort so you have a chance at getting financially independent.Ignored
Disliked{quote} No, no, and no! Never focus on saving and spending restrictions - always seek a way for more income (preferably passive).Ignored