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"How the Rich Think"

Updated on July 14, 2014

Several years ago the Harvard Business School undertook a study on "how the rich think".

Surprisingly, the results were a shock to many observers. The study found that 90% of those people who have little money - the poor - believed that getting rich was only a matter of luck, whereas 90% of those who have money - the rich - believed that getting wealthy was simply a decision that they made at some point in their life.

What does that mean to you and me?

Quite possibly, it means that the ability to become rich or wealthy is merely a matter of choice. Instead of believing that becoming rich is a matter of luck, which is the mindset of the poor we should be thinking that becoming rich is a matter of choice.

That is a powerful motivator, and scientifically proven.

Here is something else that is different between the rich and the poor.

The rich are always searching for new and more ways to make more money and for more ways to become even more rich. Things like real estate transactions, automobiles, goods and services they can sell, ideas that they can market, and so on.

Whereas the poor are always searching for their next job, their next paycheck and their next meal, the rich are always using "leverage" to get more rich. Think of it as using the leverage in any assets you own to be able to generate more cash and wealth in your life.

It has been well documented that one of the quickest ways to make money online and to eventually get wealthy and rich is to create products that you can sell for profit. There is nothing more easily created and nothing more easily marketed than information products.

People everywhere are searching for information on how to make more money online, how to lose weight, how to stop smoking, how to improve their credit score, and any number of other "how to" things you can think of. You can help these people get the information they seek and they will pay you for it.

If you do not have your own product to sell them you can always find any number of products online to solve their problems, many with unrestricted PLR and even MRR rights attached to them, so you can use them and claim authorship of the product and keep all the sales proceed for yourself!

In essence, you are the person introducing these information products to the target market that you have identified for them to buy to solve their problem or need and in the process will be paid for doing it.

Sell to the masses, and dine with the classes.

Find a need.

Identify a market of hungry buyers.

Fill that need.

Sell to them and get paid.

Do it again.

The rich know this formula works every time.

They learn this from a very early age.

It is a sure thing that works every time.

The moral of this story: change your mindset, change your beliefs. Change your beliefs, change your life.

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    • infocash profile imageAUTHOR

      Danny Ducas 

      4 years ago from Toronto, Ontario, Canada

      Thank you for your comment. This Hub has garnered a lot of attention!

    • gmwilliams profile image

      Grace Marguerite Williams 

      4 years ago from the Greatest City In The World-New York City, New York

      Infocash, EXcellent hub. The difference between being wealthy and being poor is a combination of psychology, mindset, attitude, and consciousness. People who are and/or become wealthy have a more positive and proactive mindsset, psychology, attitude, and consciousness. They believe that things can be done. They refuse to believe that they are a victim of fate, they MAKE their own destiny so to speak. People who are poor on the contrary, believe that their success is solely dependent upon outside forces and conditions. They feel that THE MAN or SOCIETY prevents them from achieving their goals. They also feel that certain levels of success are not for those of their particular socioeconomic class and they are better if they stopped "dreaming" and "stayed in their socioeconomic place." There are a few more the poorer classes who possess a negative attitude towards money and achievement and with that attitude, it is quite difficult to become rich. Then there is the residual attitude among poorer classes that to be wealhy is considered evil, even sinful in addition to being materialistic, greedy, and extravagant. Yes, poorer classes have a vastly differeent attitude towards wealth and success than the wealthier and more successful classes in society. Voted this hub up and am sharing!

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