I was not born into wealth. I have worked very hard my whole adult life to create wealth and success for myself, my family, and my community. I do not ever blame someone or fault them for being poor. But I don’t tolerate people who continue to stay in the mindset that being poor is a permanent condition or something they cannot change.
I teach people how to increase their income. I have heard the worst cases, people who were handicapped, people who were addicted to drugs, people with too much debt—I have heard it all and I promise you that there is nothing so bad that you can’t overcome it and get rich—except a poor mindset.
The reason many people have no money is because they’ve been educated all wrong on the topic. Today, I want to give you 10 Ways you’ve been taught wrong. You have heard most of these since you were a child. This list alone shows you how much misinformation you’ve taken in over the years. I was broke, addicted to drugs, and in debt. Now I’m a hecta-millionaire and know how to build wealth—and I’m here to tell you today 10 Reasons why you’re not rich:
#10 A penny saved is a penny earned—No it’s not, it’s a penny. The problem with this saying is that the think is too small. Nobody gets rich saving pennies.
#9 Fly under the radar—No, you want to launch into orbit. You need attention. Nobody will do business with you if they don’t know you. Get known.
#8 Buy a house—This is not the way to wealth folks. A home is not a wealth building investment because it doesn’t pay you every month—you have to pay it every month. It’s not an asset, it’s a liability.
#7 Be patient—If patience is a virtue, then urgency is divine. The average age of a millionaire is 62. Who wants to wait that long? Don’t be patient folks.
#6 Don’t talk about money—It’s no wonder that people don’t have money if it’s not something that can even be discussed. Meet weekly with your family to talk money matters.
#5 Eat everything on your plate—Why? Will you get rich by stuffing yourself? I always leave food on my plate. This saying comes from having a shortage mindset when you need an abundance mindset.
#4 Get a good education—This is why so many young people go into massive debt. They then find themselves still unable to get a high paying job. College will not teach you how to get rich.
#3 Don’t blow your own horn—Muhammad Ali told the world he was the greatest even before he was. Likewise, I’m not afraid to tell the world I’m the greatest salesman in the world. Blow your horn.
#2 Set ‘reasonable’ expectations—Stop settling and stop lowering targets. You want to dream big and have high expectations. Keep reaching higher and don’t be “reasonable”.
#1 Don’t talk to strangers—The truth is strangers have everything you want. Who’s got your money? Strangers. You must learn to talk to new people in order to expand and grow rich.
Get your finances right. The only reason to save money is to invest it. 70% of America has to use debt to fund their monthly activities. Most people don’t have an investing plan they just have a job plan. Make a decision to become a millionaire. Reinforce it every day. If you are in poverty or just getting by it’s a condition that you’ve created and have reinforced every day. The money is out there, there is no shortage. Who’s got your money? You need to learn how to get money.
Really there are just threes steps you need to get rich:
- Learn to get money
- Learn to keep money
- Learn to multiply money
Most people can’t get past step 1. There are many people that get stuck at step 2. After you learn to get money and keep it, THEN you can start multiplying it. Get your Millionaire Booklet (or MP3) today—it’s just been released—and make the decision to become a millionaire.