Poor People vs Rich People 3 Mindset Battles
Hello! this is Joel Goh a.k.a. Rich Asian.
The topic that I want to discuss today will strike a chord with some, and will offend some.
Maybe you are rich. Maybe you are poor. Maybe you have experienced being both at some point in your life. If you haven’t figured it out yet, being rich isn’t all about money.
It’s about well-being, abundance, having time, success, and the right mindset.
Now clearly if you choose to be offended, you know which side of the battle you fall on…
So what is this Poor vs Rich battle Joel? Are you trying to look down on people by trying to act superior?
Not at all, I’m just pointing out 2 different mindsets here and if we look deep into ourselves, we can see on which end of the spectrum we fall.
This is not JUST about money or finances at this point, it’s really about mindset, but in the long run, this will definitely shape the way your finances look!
I used to belong in the Poor Mindset category and never realized that another mindset was possible. Until I realized that I was missing out on so much in life, I was oblivious to the fact that there was more to life than just working a 9 - 5 job, taking orders from a boss and my income was capped until promotion.
Who knows when and if I would EVER get promoted?
That was until I met Sifu Dan Lok, when I learned a High Income Skill and changed my mindset, reaching 7 figures now isn’t even a question.
BATTLE 1: RICH PEOPLE FOCUS ON OPPORTUNITIES AND BEING RESOURCEFUL, POOR PEOPLE FOCUS ON OBSTACLES AND ARE ENTITLED.
This is what really grinds my gears. I receive DMs and texts daily on Social Media with things like:
“Please help me Sir I need $5k”
“Please you’re rich I need help” (eventually going to end up asking for money)
“Insert line here misusing Jesus’ name about charity and then asking for money”
You get the point. It happens on the streets too! People on the streets (homeless or not) who are begging for money and just expecting money because they feel the deserve it without adding value to the world.
Now you can say “Well Joel you’re mean and you don’t like to help the homeless”, but that’s not true at all.
Here’s the truth, if these people were to first add value to the world in some way; examples includes:
Showing Magic Tricks
Performing and adding laughter to the community
I would happily give my money away! At least for something! Just for a laugh or a smile on my face!
“Well Joel what about disabled homeless people, surely they can’t perform or do anything like that.”
I agree, and that’s why I first ask them how they got on the streets in the first place, and let the local authorities and organizations know to help them. After that only do I proceed in buying them a meal, water, clothes and ensure that authorities get them shelter.
Well okay Joel but what about people online who need help?
First of all, we know that 99% of online people who ask for money online are scammers. Face it, they may very well be making some sob story up and asking you for money and spending it on anything but the intended purpose.
In the 1% off-chance that the person online is actually legitimate, here’s the big problem and question I face.
“Why do people expect others to do things for them for free? And even worse, why would they resort to begging and even trusting someone else online? They could get scammed, hurt or humiliated further in the process.”
First off, please don’t expect strangers to give you money or any help over the internet. Especially because we don’t even know you and you’re just pitching us right off the bat!
If you want money online, at least make an effort to work for it? Add value in some way? Do you have basic computer skills? Why not offer to be a Virtual Assistant or help with data preparation on Microsoft Excel? Just add value instead of asking for charity!
But Joel, what about some of your friends on Social Media that you’ve known for years asking for financial help?
Here’s my problem with that. Instead of asking others for help, why not take a look at yourself in the mirror and realize that you’re capable of helping yourself?
Being entitled is a huge problem in society. Just because you’re in an unfortunate situation now doesn’t mean you can never pull yourself out of it. My Sifu taught me 3 rules to success. 1) No Excuses 2) No Opinions 3) No Victims.
If you’re in an unfortunate situation, (here’s a wake up call for you): HELLOOOO. THE WORLD DOES NOT OWE YOU ANYTHING. LIFE ISN’T AND WILL NEVER BE FAIR.
Just work on yourself and focus on becoming a better version of yourself each day. If you learn the right High Income Skills and focus on mastering that, do you really think you won’t be financially successful?
Have you heard of the Kaizen mindset?
Basically even if you’re only improving 1% every day, you’re making good progress in life. At the end of the year, you’d be 365% better than when you started a year ago. If you have a Kaizen mindset in business or in your finances, surely you’ll improve your financial situation.
So the problem here is that people often feel like they deserve charity because they’re down in life. Now if you’re under 18 (not an adult) or disabled, yes you do deserve charity and that’s why we have organizations that provide all the value, love and support possible.
However if you’re a fully functional and capable adult human being with no limitations other than yourself, why on earth do you feel like you deserve charity from others? This always blows my mind.
Why not work for it? Or at least learn and master a skill so that you can make money for yourself and your family!
According to motivationgrid.com, the truth is that: Poor mindsets always focus on the obstacles a.k.a. the negatives. Let's say you have this amazing talent for cooking. People suggest that you start a business or at least write a cookbook. Instead of seeing an amazing opportunity, a poor person will see only the obstacles. They think to themselves: “There are already so many cooks in the world and it’ll take forever to get a business license. I know nothing about business, etc.” They then abandon the idea and go back to their dead-end job.
Meanwhile, a rich person will factor in the competition, time and lack of business education, but they will not let that stop them. They will purchase books or use YouTube to educate themselves while they wait to get their business approved. No matter what, they will take the opportunities. From now on think positively in everything you do. Even if everyone around you is better than you, still give yourself the positive mindset and positive outcome.
BATTLE 2: RICH PEOPLE ADMIRE OTHER RICH PEOPLE, POOR PEOPLE RESENT RICH PEOPLE.
I used to have a bad case of doing the latter. I would say things like:
“Rich people could help all the poor and give them a percentage of their money, but they’re just so selfish.”
“Look at this rich guy, I bet he is bratty, rude and corrupt.”
“Oh this guy must be dealing drugs, that’s why he’s so rich.”
“Oh rich people are so arrogant and disgusting to deal with.”
I finally came to my senses and realized that rich people work hard for their success. I also realized that there are good rich people and bad rich people, just like how they are good poor people and bad poor people.
Funnily enough, I’ve never personally met a ‘bad rich person’ but have met many nasty, disrespectful and arrogant ‘poor people.
Rich people admire other rich people. They know that their positive attitude and mindset can only benefit them further. They know that it takes fellow rich people to get richer. They don’t see someone driving a Ferrari and judge them.
Instead they see a Ferrari and say: “Soon I will have one of those.” Instead of resenting the rich, use their success as motivation. My Sifu, mentor and role model in life is Dan Lok. I look at him for inspiration and motivation, not to bash or be jealous of him.
The rich don't blame others and point fingers.
Instead, they direct money, people and effort toward advancing.
When it comes to getting what you want out of life, rich people know that no one can make it happen for you except you. You don't see super rich people blaming others for why they have failed. This is because they have pushed forward toward success in spite of obstacles they may have encountered.
In order to move forward, commit to staying on track, regardless of obstacles. Blaming and pointing fingers will not move you forward, it pulls you backward and puts the responsibility for your success on others.
Even Grant Cardone says “I promise you that the rich would like nothing more than to see those at all income and wealth levels improve their financial conditions. You can blame the rich for income equality or direct your anger at them, but there is no historical proof that these actions will resolve the disparity.
The richest people in the world do not prevent the poorest 3.6 billion from moving up.
Invest in yourself. Only you can increase your income. Bill Gates, Jeff Bezos and Warren Buffett will be happy when you do so, guaranteed.”
BATTLE 3: RICH PEOPLE WANT TO BE PAID BASED ON RESULTS, POOR PEOPLE WANT TO BE PAID BASED ON THE TIME INVESTED.
Poor people will feel as though they should be paid by time. But honestly, you don’t deserve $10/hour for 40 hours if all you did was slack off. I’ve seen many individuals complain about getting paid next to nothing to do a nothing job.
Now you’re probably thinking something along the lines of: “But what about those who work hard?” Well for those who work super hard, here is a thought to ponder over: “You can be the best floor cleaner ever, but what value does that bring to McDonald’s?”
The poor mindset is all about the short-term returns. Hours-for-dollars. Resources invested without an immediate return are resources wasted.
Rich people on the other hand, will understand that it is more important to get paid by results. The Rich seek to spend their time, resources, and energy on work that continues to pay off long after the effort has been invested. The rich mindset is all about getting a flywheel spinning and building momentum. They enjoy creating systems that continue to generate value on their own.
If they work on creating a product for a whole year and start selling it, they will not focus on marketing the amount of time they’ve worked on it.
If the product sucks, no one will care about how long it took you to work on it. The are going to focus on the results, not the time. This is why professional athletes are paid by their performance, not by the time they have invested.
Your time is valuable, but no one cares about that. If it isn’t their time that is being wasted, then they truly don’t care. Focus on being paid by the results you give. If you bring your company a 70% increase in sales in a month, then you have a valid reason to want to ask for a raise. Not because you spend day in and day out working on bringing that increase in sales. Results speak louder than time.
I hope this article gave you something to think about. It’s not too late to switch mindsets. Now that you’ve seen what’s possible, why not consider investing in yourself and becoming a better version of yourself every day?
What do you want to be remembered for in this one special life?
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Until Next Time and To Your Success,
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