The Wealthy Think Differently
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Transcript of The Wealthy Think Differently
Wealthy People Think Differently
- Ron Nawrocki - Verrado: 1/10/2013
Jan. 10, 2013
Wealthy People Think Differently …
Motivation …“The Rich” should pay more taxes ?!
Another reason not to be rich?
Have you completed & WRITTEN your New Year’s Resolutions yet?Maybe you’ll pick up some more ideas today
Ref: www.WealthDNA.us - SMART Goals
Jan. 10, 2013
Wealthy People Think Differently …
Motivation .. “The number one reason most people don't get
what they want is that they don't know what they want.” - T. Harv Eker
Secret psychology of money: “A lack of money is never, ever, ever a problem. A lack of money is merely a symptom of what is going on underneath.” – T. Harv Eker
Jan. 10, 2013
Tree Analogy …
Visible (Results)Fruit, FlowersWealth, Health
--------------------------------------------------------------------
Invisible (Causes)RootsSub-conscious
Jan. 10, 2013
Wealth Files
Each of us have file folders in our brain - that we review prior to making decisions
I’ll share the 17 that Harv Eker developed based on studying rich people …
Are each of yours supportive of becoming Wealthy?
Do some need updating this year?
Jan. 10, 2013
Wealth File #1 - Life …
Rich:I create my lifeThere are no rich victims !
Poor:Life happens to mePlay the role of the victim (doesn't mean
they are)
Jan. 10, 2013
Wealth File #1a - Victim …
Rich: Blame: Take responsibility Justify: There are no rich victims Complain: Focus on what's going well - which
expands
Poor: Blame: Find someone/thing to blame (3 fingers) Justify: Rationalize; money's not that important Complain: Focus on what's wrong - which
expands (Life is crappy because they complain!)
Jan. 10, 2013
Wealth File #2 - Money Game …
Rich:Play to WinHow? – Play OffenseObjective: Be Wealthy
Poor:Play to not loseHow? – Play DefenseObjective: Just enough to pay the bills;
Be comfortable
Jan. 10, 2013
Wealth File #3 - Commitment …
Rich:Committed to being richYou have to be truly committed to risk
your time, your capital, and your effort
Poor:Want to be richFocus on the downside of being rich:
If I make it, I would …
Jan. 10, 2013
Wealth File #4 - Think …
Rich:Think bigLaw of Income: You will be paid in
direct proportion to the value you deliver according to the marketplace
Poor:Think small
Jan. 10, 2013
Wealth File #5 - Focus …Rich: Opportunity What they want Confident I'll make it work Investing
Poor: Obstacles What they don’t want I hope it works Spending
Jan. 10, 2013
Wealth File #6 - View of Rich …
Rich:Admire, model, bless, honor themLearn from, use as role model
Poor:Resent themAs if the rich took all the money and
there's not enough left for them
Jan. 10, 2013
Wealth File #7 - Associate with …
Rich:Positive peopleSuccessful people
Poor:Negative peopleUnsuccessful people
Jan. 10, 2013
Wealth File #8 - Promotion …
Rich:Willing to promote themselves &
their valuesDon’t find new products &
services, vendors if I’m not open
Poor:Resent promotions & sales pitches
Jan. 10, 2013
Wealth File #9 - Problems …
Rich:They are bigger than their problemsThere are no problems - just
opportunities
Poor:Problems are bigger than they areAvoid problems
Jan. 10, 2013
Wealth File #10 - Receiving …
Rich:Good receiversWilling to receive what the
world offers (has to be 50-50)
Poor:Poor receivers Feel unworthy, undeserving
Jan. 10, 2013
Wealth File #11 – Getting paid …
Rich:Prefer being paid based on resultsGet paid for value createdTake risk
Poor:Prefer being paid for their timeSteady, stable paycheckAfraid of risk
Jan. 10, 2013
Wealth File #12 - Options …
Rich:Both (examples …)Assume abundanceFind a way to do/have both
Poor:Either/orAssume scarcityThere's not enough to go around
Jan. 10, 2013
Wealth File #13 – Financial Statement …
Rich:Focus on Net Worth (IGA/BSA)Passive income = Savings + Investment
+ Simplification (cost of living)
Poor:Focus on Income (ISA)Especially working income
Jan. 10, 2013
Wealth File #14 – Managing Money …
Rich:Manage money wellHave a lot of money – spend littleBuy assets
Poor:Mismanage money wellHave little money – spend a lotBuy expenses
Jan. 10, 2013
Wealth File #15 - Working …
Rich:Have their money work hard for themThe harder I work - the luckier I get !
Poor:Work hard for their moneyRich are lucky
Jan. 10, 2013
Wealth File #16 - Act …
Rich:Inspite of fearWilling to go outside their comfort zone
Poor:Let fear stop themStay in their comfort zone Avoid acting due to: worry, doubt,
discomfort, inconvenience, risk …
Jan. 10, 2013
Wealth File #17 – Learn & Grow …
Rich:Continue to learn and grow"Every master was once a disaster"
Poor:Think they already know
Jan. 10, 2013
Wealthy People Think Differently …
References .. “Secrets of the Millionaire Mind” – T. Harv
Eker “The Millionaire Mind” – Thomas J. Stanley,
PhD “The Millionaire Next Door” – Thomas J.
Stanley, PhD & William D. Danko, PhD www.WealthDNA.us – Wealth Desire,
Decision, Dedication
Jan. 10, 2013
Contact
Ron Nawrocki (aka The Ronald)B.I.Solutions Corp.Verrado
Tel: 1-623-249-4792
[email protected]@[email protected]
Proven, Profitable, and Positioned for Growth