It is a bitter truth that 97% of the world's wealth is with 3% population of the world.
what makes them richer, how they think , how they become so rich and getting richer. lot of people have wrote books about this topic and one of the famous author is Robert T kiyosakoi. He is a Asian American who is a world famous author and self made millionaire. He wrote best selling book name RDPD " Rich dad , poor dad".
He divided the entire population of the world into four quadrants which was also published in Forbes magazine as Cash flow Quadrant.
He said there are only four ethical ways to earn money. Employe , Self Employee's,business owners and Investors.
It is evident that most of the successful and rich people of the world have went through this cycle. The difference between rich and poor is mindset which I tried to show in below table.
Poor Mindset | Rich Mindset |
Security | opportunistic |
Job 9-5 | business - creates job |
Buy Liability | buy assets |
Short sighted | longer vision |
Savings | investments |
if you want to change your life from poor to rich first you need to change your mindset.
you have think like a rich person and should see things ftom there presepective . Where poor person find difficulties and problems , a rich person find opportunities to covert a problem into business.
A successful rich person will always try to create a positive cash flow and will invest to create more assets . His income sources will be more than his expenses though initially he may struggle but eventually they see the big picture. Jio is biggest example, they captured 60 market share and killed disrupted the market by giving free connections and services for more than 1.5 years.
Most of the people look security in Job but they forgot one thing there you will only fulfilling some else dream.
Along with 9-5 job , start looking for alternative income source and create a passive income and one day who knows you will be writing your biography to inspire others.
love to all my readers.
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