Rich people constantly learn and grow.
Poor people think they already know.
At the beginning of my seminars, I introduce people to the three most dangerous words in the English language: "I know that."
So how do you know if you know something? Simple. If you live it, you know it. Otherwise, you heard about it, you read about it, or you talk about it, but you don't know it. Put bluntly, if you're not really rich and really happy, there's a good chance you still have some things to learn about money, success and life.
When I was broke I was fortunate to get some advice from a multi-millionaire friend of my father's. He said to me: "Harv, if you're not as successful as you'd like to be, there's something you don't know." Fortunately, I took his suggestion to heart and went from being a "know-it-all" to a "learn-it-all". From that moment on, everything changed!
- T. Harv Eker
Rich people manage risks.
Poor people avoid risks.
One common saying when it comes to investments is “The higher the risk, the higher the return”. This is also true in terms of acquiring wealth. Nothing is guaranteed in this world except change. But most of the common people seek for a certain thing that is guaranteed. That’s why they end up being an employee for the rest of their lives, because they are guaranteed to be paid with their time of duty in exchange with their freedom.
People with rich mindset know how to handle risk. They take every opportunity that they encounter regardless of the cost and odds as long as they see a possibility of a great success. They work it out & do some action! When they lose in the business, they lose money, but they earn financial wisdom. They gain experience in which they can use as a big tool the next time they try again.
- T. Harv Eker
1 month ago