Skip to main content

Wealth File #5 Rich people focus on opportunities. Poor people focus on obstacle.

Poor people makes choices based upon fear. Their minds are constantly scanning for what is wrong or could go wrong in any situation. Their primary mindset is "What if it doesn't work? or, more often, "It won't work."

Middle class people are slightly more optimistice. Their mindset is "I sure hope this works."

Rich people expect to succeed. They have confidence in their abilities, they have confidence in their creativity, and they believe that should the doo-doo hit the fan, they can find another way to succeed.

Rich people are willing to take a risk. Rich people believe that, if worse comes to worst, they can always make their money back.

Poor people, on the other hand, expect to fail. They lack confidence in themselves and in their abilities. Poor people believe that should things not work out, it would be catastrophic. And because they constantly see obstacles, they are usually unwilling to take risk. No risk, no reward.

Rich people take educated risks. This means that they research, do their due diligence, and make decisions based on solid information and facts.

No luck or anything else worhwhile will come your way unless you take some form of action to succeed financially, you have to do something, buy something, or start something. And when you do it, is it luck or is it the universe or a higher power suopporting you in its miraculous ways for having the courage and commitment to go for it.

Rich people focus on what they want, while poor people focus on what they don't want. Again, the universal law states, "what you focus on expands."

Focus on opportunities and that's what you find. Focus on obstacles and that's what you find. I'm not saying that you don't take care of problems. Of course, handle problems as they arise, in the present. But keep your eye on your goal, keep moving forward your target. Put your time and energy into creating what you want. When obstacles arise, handle them, then quickly refocus on your vision. You don't spend all your times fighting fires. Those who do, move backwards! you spend your time and energy in thought and deed, moving steadily forward, toward your goal.

It's delusional to believe youcan prepare for every circumstance that might someday occur and protect yourself from it.

Life doesn't travel in perfectly straight lines. It moves more like a winding river. More often than not, you can only see to the next bend, and only when you reach that next turn can you see more.

If you really want to learn a business, get into it. You don't have to own the darn thing from day one. Get in the corridor by getting a job in the arena. You'll learn more by sweeping up a restaurant and washing dishes than by ten years of research from the outside.

Being in the "corridor" means entering the arena where you want to be in the future, in any capacity, to get started.This is far and away the best way to learn about a business, because you see it from the inside. Second, you can make the contacts you need, which you could never have made from the outside. Third, once you're in the corridor, many other doors of opportunity may open to you. That is, once you witness what's really going on, you may discover a niche for yourself that you hadn't recognize before. Fourth, you may find that you don't really like this field, and thank goodness you found out before you got in too deep!

"Action always beats inaction." Rich people get started. They always trust that once they get in the game, they can make intelligent decisions in the present moment, make corrections, and adjust their sails along the way.

Poor people don't trust in themselves or their abilities, so they believe they have to know everything in advance, which is virtually impossible.

In the end, with their positibe, "ready, fire, aim," attitude, rich people take action and usually win.

Rich people see an opportunitym jump on it, abd get even richer. As for poor people? They're still "preparing!"

Declarations: "I focus on opportunities over obstacles.""I get ready, I fire, I aim!"

Comments

Popular posts from this blog

 Do not cut profits short and cut losing positions fast. Once people can turn their mindset from a problem focus to a solution focus, they can identify the adaptive things that they are already doing and do more of them. You will not become a better trader by emulating a market guru. You will become a better trader by identifying the occasions when you are already trading well and then modeling your future performance on those. If you are struggling with your trading, thinking of hanging it up, you need to identify your own collage the things you are currently doing that break your problem patterns. The most helpful part of a fearless trading inventory is the firsthand recognition that, even amidst failure, one does indeed harbor the seed of success. Entering a facilitative physical state is one of the quickest ways of placing oneself in a winning frame of mind. Even the solution that seems the smallest can serve as an anchor for life altering change. -Taking breaks from trading Tr...

Indecision

Procrastination robs you of opportunity. It is a significant fact that no great leader was ever known to procrastinate. You are fortunate if ambition drives you into action, never permitting you to falter or turn back once you have rendered a decision to go forward. You may be shocked if you kept accurate account of the time you waste in a single day. Second by second, as the clock ticks off the distance, time is running a race with you. Delay means defeat, because no one may ever make up a second of lost time. Wasted time is one of the chief causes of failure. Time is also, however, a master worker that heals the wounds of failure and disappointment, and rights all wrongs and turns all mistakes into capital. But it favors only those who kill off procrastination and remain in action when there are decisions to be made. Life is a great checkerboard. The player opposite you is Time. If you hesitate you will be wiped off the board. If you keep moving you may win. The only real capit...

INSIGHTS

 Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. -John Adams