Skip to main content

Wealth file #9 Rich people are bigger than their problems. Poor people are smaller than their problems.

Poor people will do almost anything to avoid problems. They see a challenge and they run. The secret to success, my friend is not to try to avoid or get rid of or shrink from your problems; The secret is to grow yourself so that you are bigger than any problem.

Note whether you are rich or poor, playing big or playing small, problems do not go away. If you're breathing, you will always have so called problems and obstacles in your life.

The size of the problem is never the issue what matters is the size of you!

If you have a bigger problem in your life, all the means is that you are being a small person! Don't be fooled by appearances. Your outer world is merely a reflection of your innerworld. If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you!

The bigger the problems you can handle, the bigger the business you can handle; the bigger the responsibility you can handle, the more employees you can handle; the more customers you can handle, the more wealth you can handle.

The objective is to grow yourself to a place where you can overcome any problems or obstacles that get in the way of your creating wealth and keeping it once you have it.

One of the reasons rich people are bigger than their problems is they don't focus on the problem; they focus on their goal.

Meaning that either you are whinning about the problem or are you working on the solution. Rich and successful people are solution oriented, they spent their time and energy strategizing and planning the answers to challenges that come up, and creating systems to make certain that problem doesn't occur again.

Poor and unsuccessful people are problem oriented. They spend their time and energy bitching and complaining and seldom come up with anything creative to alleviate the problem, let alone make sure it doesn't happen again.

Rich people do not back away from the problems, do not avoid problems, and do not complain about problems. Rich people are financial warriors.

Declarations
"I am bigger than any problems."
"I can handle any problems"

Touch your head and say.. "I have a millionaire mind!"

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

The law of social heredity

It is hardly sufficient to say that social heredity is the method through which humans gather all knowledge that reaches us through the five senses. It is more to the point to say how social heredity works, in as many different applications as will give you a comprehensive understanding of that law. you are fortunate if you have learned the difference between temporary defeat and failure, more fortunate still, if  you have learned the truth that the very seed of success is dormant in every defeat that you experience. It is well known fact that a fox will prey upon all manner of fowl and small animals, with the exception of skunk. No reason need to be stated as to why Mr. Skunk enjoys immunity. A fox may tackle a skunk once, but never twice! for this reason a skunk hide, when nailed to a chicken roost, will keep all but the very young and inexperienced foxes at a safe distance. The odor of a skunk, once experienced, is never to be forgotten. No other smell even remotely resem...

CAN A FIRM ALWAYS SPOT THE NEXT GREAT TRADER?

 No. But a prop firm can tell who has a poor chance to become a CPT. To be good at anything will take everything you have. Not having developed the skills to work hard is a turn-off. Trading is a skill learned by doing, not just by reading a lot, theorizing, or the faux art of “paper trading.” THE PROS AND CONS OF RECRUITING EXPERIENCED TRADERS Loyalty is a good thing to a point, but it cannot trump logistics and reality. losing money should really bother you. If I am negative three days in a row, I spend a long evening on my couch with a bottle of red wine and comfort food. As traders, we can all recite the memorable line from Wall Street: “A man looks in the abyss, there is nothing staring back at him. At that moment he discovers his character. That keeps the man out of the abyss.”  Traders don’t talk about how they want to trade, what they want to read about trading, or how they wish they could talk about trading. Traders trade, read about trading, and talk about trading.