Prof. Tyler yamazaki
They Don't Equate Money and Time
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They Don't Equate Money and Time
If you are like most middle-class people, how much money you earn is probably directly connected with how many hours you spend working. Even if you are in a salaried rather than an hourly position, you won't make much more money at work, except through raises and bonuses, unless you invest more time. This paradigm creates a linear view of money in which the amount of money you make is basically fixed without significantly more time invested. Millionaires don't equate money, especially not big money, with time. They know that the best financial decisions can happen through creativity and problem-solving — things that don't happen on a 9-5 schedule — rather than through working more hours. Ideas and creativity are limitless; therefore, so is the amount of money that you can earn. The right idea activated at the right time can create a fortune virtually overnight. Instead of thinking about money in linear terms, in which time and money are directly correlated, think of it in exponential terms, in which ideas can generate unlimited wealth. They Have an Action-Based Mentality Many middle-class Americans who want to become rich are taking passive steps at best towards wealth and financial success. They may be buying lottery tickets or putting in resumes for a better job, one that they may not even be qualified for. So may simply hope and pray that prosperity will one day find them. Millionaires, however, are constantly looking for how they can take action. Instead of buying lottery tickets, they are looking for a good and better investment options. Instead of looking for good and better jobs, they are looking for business ventures that can bring in big money. Millionaires aren't looking for a hero to rescue them and bring them financial success. Instead, they recognize that their wealth is in their hands and that they must be their own heroes if financial prosperity is to be theirs. They take action and take responsibility for their actions. They are constantly moving forward and looking for new, creative ideas. |
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