Tag Archives: productivity

8 Things Poor People Do That The Rich Don’t

To become rich, first, you need to stop doing things that make you poor.
In today’s article, I’d like to share with you the 10 things poor people do that the rich don’t. Let’s do this.

1. Poor People Focus On Saving

In truth, if you’re broke you need to make more, not save more. One of the things poor people do is stress over money.
On the other hand, rich people see it as a tool, a resource that can be used to get to where they need to be – which is to make more money.
Saved money does not grow, you need to put your money to work, don’t squirrel it away for when you’re too old to live your best life. Put into investment that gives good returns if you find the idea of running business is too challenging.

2. Poor People Get Paid Based On Time

It’s important to grasp that results are the real currency of the world, not effort. For some this is a shocking revelation.
It does not matter if you are the best at your specific job. If you are not contributing to the bigger picture you will be seen as just another number.
Don’t be afraid of making big moves, shock everyone and change the world.

3. Poor People Blame Others 

Don’t fall into the blame trap. Blaming external circumstances take away your power!
No matter the challenge, it is your responsibility to change it.
Rich people gain self confidence from knowing that their lives are in their own hands if they want better lives, they do better. Stop blaming, start acting.

4. Poor People Think They Have All The Answers

If you ask a poor person why they are poor they will give an answer or rather their belief, why they are poor giving mostly excuses. I may sound harsh, but if you listen, they never really talk about what they should have done, instead, they give reasons which they believe are valid.
One of the things poor people do is talking about other people rather than ideas. They’ll say they are not lucky or even go further to say rich people become who they are by lying and cheat. Poor people tend to be highly-opinionated about anything that is outside their realm of influence.
Rich people are continuously learning, continuously growing and stepping out over their own boundaries in the search for self development.
What’s worse than people than have an opinion on everything?
People that listen to them! It does not matter how perfectly you do things or how successful you become there will ALWAYS be haters.
Haters will drag you down to their level if you let them, that’s all they want, to feel equal.
Put the blinkers on, don’t look back, you’re not going that way.

5. The Rich use their time effectively

Poor people spend a lot of their time doing activities that do not bring any value. Browsing facebook, watching television etc.
While watching celebrity gossip might be interesting, it does not bring any value or benefit to you. It does however benefit the rich celebrity who instead of watching TV is on TV.
They are creating more content (gossip) while the poor are consuming it.
Of course not all media is bad, there are educational books, TV shows etc. And sometimes you need to simply disconnect from the World. That is fine.
However, if you are spending a lot of your time consuming mindless content, it could be a sign of something going on in your life that you do not like.
The rich and the succesful work on their growth, their mission and their problems first. Only then do they possibly consume some entertainment.
 

6. Poor people try to look rich

How often have you seen people trying to impress others with the things they own, the new car, the latest phone.
They are trying to look rich to impress those around them, even those that do not know them. These things are meant to show how succesful they are. How rich they are!
In fact, Poor people spend more on trying to look rich instead of working on actually getting rich. And, all of that stuff that they spend money on is holding them back.
These things that they are buying do not bring any real value. These things become a burden, you have to keep working to afford these luxuries.
How often do you see these type of guys ended up selling their expensive cars or homes? You know the answer to that.

7. Poor people don’t look at the bigger picture

While it is a good thing to be present – focusing on future goals is just as important. Truth is, poor people often lack to look into the bigger picture – or the future.
Focusing the smaller picture, or to focus in short term goal, it lacks direction which is an element to failure.

8. Poor people do what everyone else is doing

Lastly, this may sound arrogant, but in reality, if you do what everyone else is doing, you’re mostly gonna end up like EVERYONE ELSE – broke and average.
If you wish to become rich, you gotta do what the 1% does – which is to take road less traveled.

Ending

That’s it guys for today. Let me know what you think about the article and tell me if you think I’ve missed something.
Thank you for stopping by and see you again soon.
Happy weekend! And don’t forget to Execute.

5 Secret Habits That Will Change Your Life

Have you ever wondered why your life remains stagnant despite all the hardwork you’ve put in? You’ve been hustling day in and out; yet, the result remains the same.

Well, I went through that at one point in my life. So, here are the 5 secret habits that changed my life and hopefully yours too.

Open Eye Experience

  1. Every individual experiences an eye opening event at least once in their life that affects their life forever.
  2. If you seek character development, I’d recommend travelling to less fortunate or isolated locations. This helps you to learn to appreciate the little things. If you wish to know more about it, watch the video in the link right now. (Add link)
  3. From business perspective, I find best ideas often come from traveling experiences. Airports between flight transits would be my ideal location – for whatever reason. You need to find your own place that inspires you.

2 Minute Focus Rule

  1. The 2 minute focus rule has helped me tremendously in overcoming my lack of productivity
  2. The idea of this rule is to use it as a platform for you to start building your focus threshold
  3. Start with getting things done within 2 minutes. Then, slowly build from 2 minutes to 3, 4,5 minutes and so on.
  4. Start with small steps to help you achieve the giant step.
  5. If you wish to learn more about the 2 minute focus rule, I’ve talked more about in the link now (Add link)

My 40/10/50 Rule

  1. Now, I’m sure you’ve heard of the 50/30/30 rule. I don’t like it to be frank with you.
  2. Instead, I reckon it should be re introduced as 40/10/50 instead focusing the bulk of you money to be put into savings/investment.
  3. Also, make this rule flexible depending which point you are in life; try to put as much money into investment if you’re in mid-20s since you have little monthly commitments during this time.
  4. I also talk about this rule in details in another video link shown now on your screen (Add link)

Free Product/Service

  1. If you’re struggling to sign clients that pay well, try offering your services to giant brands in your field for FREE a few times.
  2. Working with big names will attract more attention from other companies to work with you in the future.
  3. It sounds absurd but the goal here is long term. Seeing you have a portfolio of working with big names will help elevate your name in the industry.
  4. To find out more, I’ve shared a link to another video which I talked about it in depth. (Add link)

Just Do It

  1. If you’re a follower of successful billionaires like Elon Musk or Jeff Bezos, they all agree that the main obstacle between you and success is the execution part
  2. Aspiring entrepreneurs tend to overthink till they eventually decide to drop the idea.
  3. This could happen out of fear, procrastination or ‘waiting’ for the right time.
  4. These excuses are all absurd.
  5. Truth is, if you’ve done your homework, you’ll be able to get your fear under control and know that now is the right time.

That’s it from me fellow future millionaires

What do you think of the article? Let me know what you think in the comment section below.

In the meantime, keep grinding and hustling. Execute!