Rich people are…
What is the first word that came to your mind? Dishonest? Greedy? Lucky? Awesome?
Our relationship with money will greatly determine the amount of money we will earn throughout our life. While there is nothing wrong with being poor, I doubt that many of you have actually a strong desire to remain poor for the rest of their life.
In this article I’m going to introduce you to 4 disempowering beliefs about money that keep you poor. Hopefully, it will serve as an electroshock for some of you.
1. Money is not important
Money is like sex. You’ll think of nothing else if you don’t have it – yet you’re free to think of other things if you do have it. – Dan Lok, F.U Money – Serial entrepreneur & millionaire mentor
Sure. Money is not important. Can you remind me exactly why you spend 40+ years of your life working 40 or 50 hours a week in a job that you are probably not passionate about or that you may even hate? I think the word you are looking for starts with «mo » and ends with « ney » 🙂
If I were to give you $5 million right now would you do the exact same thing you are doing now? Would you have the same career? If not, then yes money is important to you whether you want to admit it or not.
Pretending that money is not important in your life is doing yourself a great disservice. Sure, it would be nice if we could live in a world where money was simply unnecessary, but in our current society money is the best thing we have found so far to exchange products and services efficiently and create wealth.
2. Money is bad
Money will only make you more of what you already are. If you’re mean, money will afford you the opportunity to be meaner. If you’re kind, money will afford you the opportunity to be kinder. – T. Ecker
Money is bad only if you are an asshole! Money is just a means to an end and is never good nor bad. If you are a poor asshole and suddenly become rich, you will simply become a rich asshole. Only the scale will change. Instead of stealing $50 from the cash register you will embezzle million of dollars.
On the contrary, it you are a great person, money will give you incredible leverage to create good in this world. Here are some amazing things that money can provide:
- Free up your time so that you can focus on what truly matters to you
- Educate yourself so that you can better serve other people and impact their lives
- Donate money to charities or any other endeavor you want to support
- Ensure that you have enough savings in case you or someone close to you get sick and you need to pay the bill
Despising money and remaining poor doesn’t do much for society. Sure, you can be poor and give money to charity, but you could also be rich and give (more) money to charity. It is easier to be poor than to be rich but is it what you really want?
Recently, I remember coming across a thought-provoking quote on facebook saying: “being poor is selfish”. I thought it was an interesting one. Indeed, isn’t it selfish not to keep improving yourself and learning new skills in order to provide more values to other people through your products or services?
3. Rich people are dishonest
“I hear sometimes of men that get millions of dollars dishonestly.” Yes, of course you do, and so do I. But they are so rare a thing in fact that the newspapers talk about them all the time as a matter of news until you get the idea that all the other rich men go rich dishonestly. – Russel H. Conwell, Acres of Diamonds
Not more than poor people and probably less in fact. In order to become successful in our life and our professional career, it requires us to work on our communication skills, to become more confident, to have more self-discipline, to get out of our comfort zone and to constantly stretch ourselves. Rich people generally spend way more time working on themselves than poor people do.
Also, remember that if you choose consciously or unconsciously to believe rich people are dishonest or bad in any way, you’ll never be rich yourself. Why would you become something you hate?
The business world is certainly not the most ethical place in the world, but believing that people on the top are all assholes and people on the bottom are by some magic extremely ethical doesn’t make any sense.
Yes, earning a lot of money honestly is perfectly possible. Is it easy? No, it is certainly harder than doing it in an unethical or almost ethical way. I think Pat Flynn from www.smartpassiveincome.com is a great example of someone making money in an ethical way.
4. Money is hard to make
Is money hard to make? I believe that it really depends on the personal belief you currently hold about money. The more you think that money is hard to make, the harder it will probably become.
In his book “Secrets of the Millionaire Mind”, T. Harv Eker shows that each of us has a money blueprint that largely determines the amount of money we can earn. We generally inherits this blueprint from our parents and we keep it for the rest of our life unless we make a conscious choice to reprogramm our subconscious mind. What is your money blueprint? A good start would be to look at your bank account and at your parents’ relationship with money.
In fact, nowadays, with the incredible potential for leverage that internet provides creating wealth is way easier than in the past. Publishing a book, creating a company or outsourcing tasks to people all around the world has never been easier. If you are a little bit creative you will realize that money might not be as hard to make as you previously thought.
Here is a great exercise from Dan Lok’s book for you:
Brainstorm at least twenty ways you can generate more income without working harder.
What about you? Do you have any disempowering belief about money? If I tell you money is… what would you say?
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Resources (affiliate links):
Below are some great books that I’ve personally read and benefited from:
- The Soul of Money, Lynne Twist – This book will show you how to use money as a means of expression of yourself and will help you transform your relationship with money
- Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, T. Harv Eker. This book will teach you how to reprogramm your subconscious mind to change your beliefs about money. Great stuff! “You can have all the knowledge and skills in the world, but if your “blueprint” isn’t set for success, you’re financially doomed.” T. Harv Eker
- F.U. Money: Make As Much Money As You Damn Well Want And Live Your Life As You Damn Well Please!, Dan Lok – This thought-provoking book will shatter your beliefs about money. The following extract explains his concept of F.U Money (Fuck You Money): “F.U. Money is the “enough is enough” number- when you get to a point when you don’t have to take shit from anybody, when you make enough money that you’re able to say fuck you to anyone, anywhere (including your boss) without consequence.”
- MONEY Master the Game: 7 Simple Steps to Financial Freedom, Tony Robbins – This book will show you how to invest your money and work toward financially freedom
- Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!, Robert T. Kiyosaki – A classic that underlines the fundamental differences in mindset between poor people and rich people
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