Success Mindset | 4 Mindsets All Wealthy People Possess

in LeoFinancelast year

In the digital age, we often notice that there are more and more young millionaires. Seeing others succeed in a short period, we sometimes fantasize about achieving the same success. In reality, becoming a millionaire isn't that hard. Apart from background and skills, the most crucial factor is mindset.

Today, let's explore the four essential mindsets from the book "Rich Dad, Poor Dad" that one needs to become a successful entrepreneur like Rich Dad.

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Familiarize yourself with these four mindsets, and believe that in the near future, you too can become one of those millionaires.

++1. Don't say "I can't afford it," say "How can I afford it?"++

One is a statement, and the other is a question.

After making the first statement, the brain stops thinking. People who often tell themselves "I can't" will, over time, subconsciously believe they can't succeed in anything. They won't take proactive actions, and thus won't achieve success.

After the latter statement, the brain starts to think and actively seeks ways to achieve the goal, leading to actions that can change one's destiny. It's not about the power of a single phrase, but the long-term habit of thinking this way. This habit is common among the wealthy.

They think, identify problems, find solutions, and make changes. As the saying goes, actions shape habits, habits shape character, and character determines destiny. With the right mindset, persistent actions over time will become habits, and these habits will shape one's character and destiny. What one desires is reflected in their actions. Those with strong initiative usually have exceptional discipline and, of course, enjoy better results.

To achieve rewards you haven't yet received, you must do things you haven't done before. This is an eternal truth.

++**2. Understand ESBI **++

This refers to the differences between Employees, Self-employed, Business owners, and Investors.

Employees trade their time for money, like office workers. The self-employed are their own bosses, but they still trade time for income, not truly achieving financial freedom.

To genuinely achieve financial freedom, one must become a business owner or an investor. Business owners earn by leveraging other people's time, essentially building a company system and hiring employees to operate it. Investors put their money into the market and let their capital work for them.

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++**3. Focus on your own business **++

Have you noticed that when you ask someone about their profession, a bank employee might say they're in banking, and someone in the car industry might say they're in car sales? But the question is, do they own the bank or the car dealership?

Most people work for someone else's dream, confusing "mine" with "others." Many people, once they lose their job, have nothing because they rely on a fixed salary. The current education system teaches young people to acquire professional knowledge and find a stable job.

If you're wondering how to increase passive and total income, first clarify what you truly want. There are two main paths in life: helping others achieve their dreams in exchange for compensation or hiring others to realize your own dreams.

Although the latter might seem uncertain, rational thinking suggests that its rewards are sweeter and more within one's control. Even while working for others, we need our own business.

++**4. Don't be confined by traditional frameworks; bravely challenge the unknown and limits **++

First, we need to have the correct view of money.

Some people, influenced by traditional or closed-minded environments, see money as evil. Money is just a measure of the value one holds. The more money one has, the more value they possess.

Using investment as an example, many might think it's fake or a scam. But don't let your environment or education brainwash you. If everyone around you understood investment like Warren Buffett, they'd already be wealthy. It's essential to question whether the education system truly nurtures the wealthy or just a tax-paying middle class.

Robert's Poor Dad was confined by traditional societal views. Don't be afraid to try new things. Like Robert's Rich Dad, believe in yourself and challenge the unknown, as sweet rewards often accompany the unknown.

Especially in this digital age, everyone has entrepreneurial opportunities.

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