by Jacob Sikais
http://www.marketing-prophets.com/
©
2008
Have you ever wondered why rich people seem to get
richer easily while those in the poverty cycle seem destined to be stuck there
forever? The reason is simple. You need to think and act like a rich person first
before you can really be rich. Let's take a look at some of the characteristics
of rich people.
1. No limited self belief
Rich
people believe they are destined to be rich and there is nothing that can stop
them from achieving that financial freedom goal. They will do whatever necessary
to reach their goals including doing things that they dislike or taking on tasks
that seem impossible to complete.
2. Recognize the importance
of time
Rich people also recognize that time is their most
important asset and a very scarce resource. They do not waste their precious time
sitting in front of a TV watching soap operas or other entertainment programs
like "Survivors." They also know how to use the power of leverage to
achieve maximum results with minimum efforts.
3. Seek out
other people of higher social status
Many poor people only
network with other people that are of the same status as them. They do not actively
seek out other people who are wealthier. The rich people will do the opposite.
They want to network and learn from others who are better and wealthier.
4.
Expense as investment
To many poor people, the best way
to manage money is to use less of it. However, rich people have a different viewpoint.
To them, many expenses can be viewed as investments. By spending a certain amount
of their money to acquire an asset or skill, they know they will get back what
they spent in the future.
5. Strong self-confidence
Many
rich people exhibit a high level of self-confidence that is often contagious.
They are optimists and maintain a positive outlook at all times. Their confidence
is not easily shaken by external factors.
6. Good money
habits
While saving is a good virtue and habit, many rich
people feel that it is not the best way to grow your money. Rich people will put
a significant portion of their wealth in some kind of investment vehicles that
give them a better ROI than a normal saving account. They also do not spend their
money aimlessly buying things that have no real value such as lottery tickets.
7.
Philanthropy
Many rich people are also great philanthropists.
They frequently make charitable donations intended to increase human well being.
A great example is Bill Gates who set up his own charitable foundation aimed at
providing lifesaving health care products for the poorest part of the world.
Most
rich people did not become wealthy overnight. They faced many setbacks and challenges
to get to where they are today. To them, setbacks and challenges provide valuable
lessons that help them find the way to great wealth as well as strengthen their
ability to faced adversities in life.
